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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 > Earnings $175,975 Quarter June 2023, down from 2022
View:
Post by InvestForce on Aug 17, 2023 9:58pm

Earnings $175,975 Quarter June 2023, down from 2022

Lowest earnings since March 2022 quarter. $200k last June. Operating costs reduced by 19% and personnel expenses by 25%. UBC, DSV and Bell contracts ended. EIA full operational but "reduced pricing". Management reported a Condor crash. See SEDAR for details.
Comment by traderteeter on Aug 18, 2023 12:06pm
Year to date through the first six months of the year the Company recorded revenues of $751,360, representing a 120% increase year-over-year, which is largely due to the sale of a Condor drone to the Canadian Government.  "Management reported a Condor crash. See SEDAR for details"  PROVE IT.  You are just trashing the stock with lies.  
Comment by InvestForce on Aug 18, 2023 4:31pm
"Research & development expenditures decreased by $200,080 of 45% due to lower expenditures incurred for Canary, as the Company completed the last development milestone during the quarter. Furthermore, due to the crash of the Condor during the quarter while servicing the ISC contract, development work on the Condor was paused and shifted towards investigation of the root cause, utilizing ...more  
Comment by traderteeter on Aug 25, 2023 3:10pm
That is old news, you made it seem like there was another. I still stick to what I said you are just trying to bash the name of the company to buy up the shares as others sell it. Shame, Shame.....
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