Volatus Aerospace Q1 2023 Earnings Report

Volatus Aerospace EPS Results

• Actual EPS: -C$0.02
• Consensus EPS: -C$0.03
• Beat/Miss: Beat by +C$0.01
• One Year Ago EPS: N/A

Volatus Aerospace Revenue Results

• Actual Revenue: $7.41 million
• Expected Revenue: $8.40 million
• Beat/Miss: Missed by -$990.00 thousand
• YoY Revenue Growth: N/A

Volatus Aerospace Announcement Details

• Quarter: Q1 2023
• Date: 5/25/2023
• Time: N/A

Volatus Aerospace (CVE:VOL) provides integrated drone solutions for commercial and defense markets in Canada, the United States, Latin America, and rest of Europe. The company offers drone services comprising of infrastructure inspection, mapping, survey, and imaging; public safety and defense equipment; and drone cargo and delivery solutions. It also provides pilot certification, flight skills, equipment training, beyond-visual-line-of-sight readiness services. In addition, the company offers client in-house program development, operational manuals, safety systems, waivers and SFOCs, OEM equipment testing, and certification consulting related services, as well as engaged in GIS related solutions. Further, it researches and develops, manufactures, tests, and commercializes various technologies. Additionally, the company offers public safety, aircraft management, charter, and cargo services. Volatus Aerospace Corp. is based in Oro-Medonte, Canada.