Volatus Aerospace Corp. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was CAD 10.5 million compared to CAD 7.21 million a year ago. Net loss was CAD 2.31 million compared to CAD 1.24 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago.

For the full year, the company reported net loss was CAD 9.46 million compared to CAD 4.62 million a year ago. Basic loss per share from continuing operations was CAD 0.08 compared to CAD 0.04 a year ago.