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Bullboard - Stock Discussion Forum Volatus Aerospace Inc TAKOF


Primary Symbol: V.FLT

Volatus Aerospace Inc. is a consolidator and integrator of aerial intelligence and logistics solutions. It provides meaningful aerial solutions for end users across various industries using both piloted and remotely piloted aircraft systems. Its services include drone services quote, aerial surveillance, cargo solutions, confined space inspections, drone lidar inspections, drone inspection... see more

TSXV:FLT - Post Discussion

Volatus Aerospace Inc > Revenue $784,551 still to come... See explanation
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Post by InvestForce on Mar 28, 2022 6:03pm

Revenue $784,551 still to come... See explanation

From Sedar and rereading the MD&A I found a nice gold nugget of information. DDC expects $784k revenue to come in once they complete their part of the service contract of deliveries as the contract unfolds over the course of time. That means future revenue is higher than all the combined revenue ever received to date! 

"Where payments are received in advance of completing the corresponding performance

obligation, the amount is recognized as deferred revenue until such performance obligations are completed. The

Company expects to recognize $784,551 of revenue related to performance obligations that are unsatisfied as of

December 31, 2021."

Comment by GoodTimesAhead on Mar 29, 2022 11:50am
This sounds good and I am hopeful,  but any thoughts on where this money is coming from? I would love a breakdown so I understand this better. Who is it from? When and how much will it be paid out? Are we talking this year or over years?  Will it be reoccurring? Or could it be? Or is it a one time grant sort of thing?  What does expect mean? Something signed, likely, or ...more  
Comment by InvestForce on Mar 30, 2022 8:27am
I think it's simpler than we think. DDC gets paid as they run the routes. Probably monthly or something like that rather than up front for everything. It's like we pay a landlord rent monthly rather than all at once (DDC is the landlord in this example). If there is any reason whatsoever that the route must end, then the money flow would stop. What is does. show is that, barring any real ...more  
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