Volato doubles Vaunt revenue, cuts debt 80% before merger vote
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Volato Doubles Vaunt ARR to $3M, Reduces Debt ~80% Ahead of Merger Vote
March 23, 2026 8:00 AM EDTDebt Reduced ~80% Year-Over-Year, Below Merger Closing Threshold as Vaunt Growth Continues
ATLANTA--(BUSINESS WIRE)-- Volato Group, Inc. (the Company or Volato) (NYSE American: SOAR) today reported that Vaunt annual recurring revenue doubled to approximately $3.0 million in Q1 2026, while total debt declined by nearly 80% year-over-year to approximately $8.3 million, positioning the Company below a key closing threshold for its proposed merger with M2i Global.
Key Highlights
Vaunt ARR reached approximately $3.0M in Q1 2026 (+100% YoY) Sequential growth continues: Q4 2025: +21% Q1 2026 projected: ~14% Debt... More