Volatus Aerospace Corp Profit margin
What is the Profit margin of Volatus Aerospace Corp?
The Profit margin of Volatus Aerospace Corp is -23.51%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Industrials sector on TSXV compared to Volatus Aerospace Corp
What does Volatus Aerospace Corp do?
Volatus Aerospace Corp. designs, manufactures, and certifies remotely piloted aircraft systems (RPAS) for VLOS and BVLOS operations in Canada, the United States, South America, and Latin America. The company offers fixed-wing RPAS, RPAS with modifications for custom applications, and drone solutions. It offers Drone-as-a-Service solutions for data acquisition, processing, and management in crop management, infrastructure inspection, survey mapping, and surveillance applications. The company also provides training for Transport Canada and FAA drone pilot certifications; and professional drone support services and RPAS training throughout the Maritimes and beyond. Its professional development courses include technical and operations training for equipment, standard operating procedures, industry-specific technology and applications, geographic information systems, data management and processing, and specific training for operations beyond visual light of sight. The company serves clients in agriculture, infrastructure, and forestry industries. Volatus Aerospace Corp. was incorporated in 2019 and is headquartered in Pointe-Claire, Canada.
Companies with profit margin similar to Volatus Aerospace Corp
- Oak Street Health has Profit margin of -23.56%
- MediaCo Inc has Profit margin of -23.56%
- First Majestic Silver has Profit margin of -23.55%
- First Majestic Silver has Profit margin of -23.55%
- Pivotal Systems has Profit margin of -23.53%
- SecureWorks Corp has Profit margin of -23.52%
- Volatus Aerospace Corp has Profit margin of -23.51%
- CareRx has Profit margin of -23.50%
- Mindteck (India) has Profit margin of -23.47%
- Hoegh LNG has Profit margin of -23.45%
- Pioneering Technology has Profit margin of -23.41%
- Asian Hotels (North) has Profit margin of -23.41%
- SLM Solutions AG has Profit margin of -23.40%