Volatus Aerospace Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was CAD 6.62 million compared to CAD 8.27 million a year ago. Net loss was CAD 5.44 million compared to CAD 2.43 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago.
For the nine months, sales was CAD 20.36 million compared to CAD 24.37 million a year ago. Net loss was CAD 10.43 million compared to CAD 7.47 million a year ago. Basic loss per share from continuing operations was CAD 0.04 compared to CAD 0.04 a year ago.