FleetCor(FLT)
Search documents
Volatus Aerospace (OTCPK:TAKO.F) Conference Transcript
2026-02-05 20:32
Summary of Volatus Aerospace Conference Call Company Overview - **Company Name**: Volatus Aerospace - **Stock Symbols**: OTCQX: TAKOF, TSXV: FLT - **Business Model**: Dual-use aerial intelligence and logistics platform operating in regulated environments such as energy, infrastructure, and public safety [2][3] Core Industry Insights - **Market Shift**: There is a clear shift in global priorities towards sovereignty and operational resilience, with a preference for dual-use capabilities that are proven in commercial environments [3][4] - **Customer Preferences**: Customers are moving away from point solutions to long-term operating partners that can sustain capabilities over time [4][5] - **Regulatory Environment**: Regulatory changes are evolving, with Canada allowing larger drones to operate beyond visual line of sight, creating significant opportunities [21][22] Financial Performance - **Revenue Growth**: Revenue grew by 60% in Q3 2025 to CAD 10.6 million, with gross margins between 32% and 34% [13] - **Profitability Improvement**: EBITDA drain reduced from approximately CAD 3 million to less than CAD 500,000 per quarter [14] - **Cash Position**: The company had CAD 40 million in cash at the end of 2025, with CAD 20 million in long-term contracts and a CAD 10 million backlog [15] Market Positioning - **Valuation Discrepancy**: Volatus is trading at less than 13 times trailing 12 months' revenue, while comparable companies are trading at over 90 times, indicating a significant market opportunity [15][16] - **Insider Holdings**: Approximately 21% insider holdings, with no insider selling, indicating confidence in the company's long-term prospects [16][17] Strategic Growth Areas - **Core Markets**: Focus on energy, critical infrastructure, public sector, and safety missions, with sovereign and defense as major growth areas [7][8] - **Expansion Plans**: Establishing a U.S. base in Tulsa, Oklahoma, to expand pipeline operations, with a long-term technology roadmap to introduce drones [12][19] Competitive Advantages - **Regulatory Credibility**: Operating in regulated environments creates barriers to entry that take years to build [9] - **Operational Efficiency**: Centralized operations allow for scaling without a linear increase in personnel or infrastructure [7][9] - **Platform Agnostic**: Flexibility to operate across multiple aircraft systems reduces dependency on any single platform [9] Future Outlook - **Defense Demand**: Anticipated growth in defense-related revenue, with strong demand for autonomous technologies expected to continue for the next three to five years [27][28] - **Manufacturing Focus**: Increased emphasis on domestic manufacturing to support defense needs, with a new facility in Mirabel, Quebec [19][20] Conclusion - Volatus Aerospace is positioned for significant growth in the dual-use aerial intelligence market, with strong financial performance, a solid operational model, and a strategic focus on expanding its capabilities in both commercial and defense sectors. The company is well-aligned with current market demands and regulatory trends, presenting a compelling investment opportunity.
FleetCor(FLT) - 2025 Q4 - Annual Results
2026-02-04 21:17
Exhibit 99.1 Corpay Reports Fourth Quarter and Full Year Financial Results 4th Quarter: 21% revenue growth, 11% organic revenue growth, and 13% adjusted EPS growth Atlanta, Ga., February 4, 2026 — Corpay, Inc. (NYSE: CPAY), the corporate payments company, today reported financial results for its fourth quarter and year ended December 31, 2025. "We had a strong finish to 2025, with fourth quarter revenue, organic revenue and adjusted net income per share finishing ahead of expectations," said Ron Clarke, cha ...
Volatus Advances Dufour Aerospace Partnership to Develop Runway-Independent Cargo Capabilities for Arctic, Defence, and Commercial Operations
Globenewswire· 2026-01-27 12:30
TORONTO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- – Volatus Aerospace Inc. (TSX: FLT; OTCQB: TAKOF; Frankfurt: ABB.F) (“Volatus” or the “Company”), a next-generation aerospace and defence company delivering dual-use crewed and uncrewed systems, aerial intelligence, and mission-critical operational services to commercial and public-sector customers, today provided a strategic update on its previously announced partnership with Dufour Aerospace, highlighting continued progress toward the deployment of runway-indepen ...
Volatus to Participate in Investor Conferences and Comments on Shifting U.S. Defense Procurement Priorities
Globenewswire· 2026-01-12 12:30
Core Viewpoint - Volatus Aerospace Inc. is actively engaging with institutional investors and addressing the implications of recent U.S. defense policy changes on its operations and strategy [1][4][8] Group 1: Investor Engagement - Volatus executives, including CEO Glen Lynch and CFO Abhinav Singhvi, will present at the 28th Annual Needham Growth Conference on January 14, 2026, in New York [2] - The Company will also host investor meetings at the AlphaNorth Capital Event from January 16–18, 2026, in the Bahamas [2] - Additionally, Volatus will participate in the RBC Canadian Aerospace and Defence Symposium on January 15, 2026, in Toronto, where Mr. Lynch will be a panelist [3] Group 2: U.S. Defense Policy Update - The recent U.S. Executive Order emphasizes warfighter readiness in defense contracting and proposes a U.S. Department of Defense budget expansion for fiscal year 2027, potentially reaching approximately $1.5 trillion, pending Congressional approval [4][6] - The Executive Order indicates a shift in U.S. defense procurement priorities towards delivery speed, operational readiness, and contractor performance scrutiny [5] - The proposed budget expansion reflects a commitment to enhancing domestic and allied defense capacity and accelerating the deployment of proven systems, which may benefit non-traditional defense suppliers [6] Group 3: Company Strategy Alignment - Volatus' operating model focuses on real-world deployment, execution discipline, and scalable operational capacity, aligning with evolving procurement priorities that emphasize speed and measurable outcomes [7][8] - The CEO of Volatus stated that the current policy direction reinforces the Company's strategic focus on execution and operational capability in demanding environments [8] - The Company views the current U.S. defense policy environment as favorable for firms that prioritize operational readiness and scalable deployment [8]
Volatus Aerospace Awarded $9M Defence Contract from NATO Partner, Accelerating Growth in Uncrewed Systems
Globenewswire· 2025-12-15 11:45
Core Insights - Volatus Aerospace Inc. has been awarded a defence contract valued at up to CAD $9 million to supply a next-generation interim training system for Intelligence, Surveillance, and Reconnaissance (ISR) operations to an allied defence organization [1][2] - The contract is structured over two years, with an initial tranche of approximately CAD $4.5 million scheduled for delivery in Q1 2026, and a second tranche may be exercised through the end of 2027 [2] - This contract addresses an urgent requirement from a NATO partner to enhance unmanned aviation skills among its defence personnel [2] Company Strategy and Positioning - The contract signifies a strategic milestone for Volatus' defence growth plan, highlighting the importance of uncrewed ISR capabilities in modern defence readiness [3] - The CEO of Volatus emphasized the trust international partners place in Canadian innovation and the company's role in strengthening allied preparedness [3] - The award aligns with Volatus' strategy to position itself as a key contributor to Canada's defence industrial base and the broader NATO ecosystem [3] Deliverables and Commitment - Under the agreement, Volatus will provide a fleet of unmanned aircraft training systems, integrated control interfaces, comprehensive documentation, onsite instructor familiarization, and warranty support [6] - The contract reinforces Volatus' commitment to supporting Canada's defence and security priorities, particularly as Canada increases its focus on uncrewed systems [4][6] - The initiative aims to build domestic expertise in advanced uncrewed and ISR-related technologies while enhancing interoperability with NATO and allied partners [6] Company Overview - Volatus Aerospace is a global provider of integrated aerial solutions for both commercial and defence applications, utilizing piloted and remotely piloted aircraft systems [5] - The company serves various industries, including oil and gas, utilities, healthcare, and public safety, with a mission to enhance operational efficiency, safety, and resilience through scalable aerial technologies [5]
Astellas To Present New Data on XOSPATA™ (gilteritinib) Across the FLT3m+ AML Disease Continuum at ASH 2025 Annual Meeting
Prnewswire· 2025-12-05 13:00
Core Insights - Astellas Pharma is presenting new data on gilteritinib for FLT3m+ acute myeloid leukemia (AML) at the American Society of Hematology (ASH) Annual Meeting, focusing on various treatment settings including relapsed or refractory cases and post-transplant maintenance [1][2] Group 1: Research and Development - Ongoing research with gilteritinib aims to improve long-term outcomes for patients with FLT3m+ AML, particularly in challenging cases characterized by high treatment failure rates [2] - The Phase 3 ADMIRAL and COMMODORE trials provide pooled post-hoc analysis on gilteritinib's effectiveness in relapsed or refractory FLT3m+ AML, emphasizing treatment sequencing and resumption post-transplant [4] - The Phase 1/2 VICEROY study is investigating a triplet combination therapy approach with gilteritinib for newly diagnosed FLT3m+ AML patients who are ineligible for intensive chemotherapy, focusing on safety and efficacy [4] Group 2: Presentations at ASH 2025 - Key presentations include outcomes of patients who resumed gilteritinib therapy after hematopoietic stem cell transplant (HSCT) and interim results from the VICEROY study [3][5] - A presentation will discuss the impact of pre-HCT FLT3 inhibition on minimal residual disease (MRD) and the benefits of post-HCT gilteritinib [5] - Additional studies will cover the long-term follow-up of azacitidine, venetoclax, and gilteritinib in newly diagnosed FLT3-mutated AML patients [6] Group 3: Product Information - Gilteritinib, marketed as XOSPATA, is an FLT3 inhibitor effective against FLT3-ITD and FLT3-TKD mutations, which are associated with poor prognosis in AML [8][10] - XOSPATA is available globally, including in the U.S., Japan, China, and several European countries, for adult patients with relapsed or refractory FLT3m+ AML [8][13]
Volatus Aerospace Appoints Lieutenant-General (Ret’d) Christopher J. Coates to Board of Advisors
Globenewswire· 2025-12-04 12:52
Core Insights - Volatus Aerospace Inc. has appointed Lieutenant-General (Ret'd) Christopher J. Coates to its Board of Advisors, enhancing the company's defense expertise and supporting its vision for Canadian Armed Forces and allied defense partners [1][5]. Company Overview - Volatus Aerospace is a leader in aerial and defense solutions, focusing on Canadian-made uncrewed aerial systems (UAS), training, and operational capabilities [1][8]. - The company aims to enhance operational efficiency, safety, and resilience through scalable aerial technologies across various industries, including oil and gas, utilities, healthcare, and public safety [9]. Strategic Direction - The Volatus Advisory Board provides strategic guidance on defense procurement, government policy, and emerging capability requirements, while fostering relationships with government, military, and industry stakeholders [4]. - The appointment of Lieutenant-General Coates is expected to strengthen Volatus' domestic manufacturing programs and training capabilities, reflecting the company's commitment to supporting Canada's defense and industrial needs [5][6]. Expertise of Lieutenant-General Coates - Lieutenant-General Coates has extensive experience in defense and security, having served in senior positions within the Canadian Joint Operations Command and NORAD, overseeing both domestic and global military operations [2][7]. - His background includes leadership roles in advanced training and defense transformation, as well as contributions to national security discussions and defense modernization efforts [3][6].
Volatus Aerospace Releases Record Third Quarter Financial Results
Globenewswire· 2025-12-01 21:00
Core Insights - Volatus Aerospace Inc. reported record quarterly revenue and gross profit for Q3 2025, driven by strong demand in the defense sector and expansion of commercial programs [1][2]. Financial Highlights - Revenue for Q3 2025 reached CAD 10,605,438, a 60% increase compared to CAD 6,618,504 in Q3 2024 [3][9]. - Year-to-date revenue for the nine-month period was CAD 26,905,671, up 32% from CAD 20,364,238 in the same period of 2024 [3][8]. - Gross profit for Q3 2025 was CAD 3,470,611, with a gross margin of 33%, slightly down from 34% in Q3 2024 [9][10]. - Adjusted EBITDA loss improved by 52% year-over-year, amounting to CAD 660,661 compared to CAD 1,364,143 in Q3 2024 [9][10]. - The company's cash position strengthened to approximately CAD 40 million following recent financing activities [8][9]. Operational Highlights - Equipment sales surged by 427% year-over-year, primarily due to increased defense demand [3][6]. - The company executed a Letter of Intent (LOI) with VoltaXplore to establish a domestic battery-cell supply for next-generation RPAS platforms [9]. - Significant contracts included a multi-year agreement with a major North American utility for RPAS inspection and mapping services across approximately 100,000 miles of assets [9]. - The company formed a strategic partnership with KI Reforestation to deploy Condor XL heavy-lift RPAS for large-scale aerial seeding [9]. Management Commentary - Management emphasized that Q3 2025 continued the momentum from earlier in the year, with defense demand driving equipment sales and scaling of commercial programs [6]. - The recent financing closed on November 26, 2025, is expected to support rising demand and expand Canadian manufacturing capabilities [6]. Company Overview - Volatus Aerospace is a global provider of aerial intelligence solutions, operating both piloted and remotely piloted aircraft systems for various sectors including defense, healthcare, and public safety [12]. - The company is focused on building RPAS manufacturing capabilities in Quebec to meet emerging large-drone requirements [12].
Volatus Aerospace Closes $26,391,500 Bought Deal Public Offering and Non-Brokered Private Placement
Globenewswire· 2025-11-26 13:46
Core Points - Volatus Aerospace Inc. has completed a bought deal public offering and a non-brokered private placement, raising a total of $26,391,500 [1][2] - The public offering involved the sale of 38,352,500 common shares at a price of $0.60 per share, including 5,002,500 shares from the full exercise of the over-allotment option [1] - The private placement included the sale of 5,633,333 common shares at the same price to international strategic investors [2] Financial Details - The underwriters received a cash commission of 6.0% on the gross proceeds from the public offering, along with an advisory fee of $22,374 [3] - The company paid finder's fees totaling $120,000 related to the private placement [3] Use of Proceeds - The net proceeds from both the public offering and private placement will be allocated for the development of the Mirabel Manufacturing Hub, R&D in drone technologies for the defense sector, potential acquisitions, capital expenditures, and general corporate purposes [4]
Volatus Aerospace Announces Filing of Final Short Form Prospectus in Connection With Bought Deal Public Offering
Globenewswire· 2025-11-21 23:00
Core Points - Volatus Aerospace Inc. has filed a final short form prospectus for a bought deal public offering, qualifying the distribution of 33,350,000 common voting shares at a price of $0.60 per share, aiming for gross proceeds of $20,010,000 [2][3] - The offering includes an over-allotment option for an additional 5,002,500 common voting shares [2] - The expected closing date for the offering is on or about November 26, 2025, pending necessary approvals [3] Company Overview - Volatus Aerospace Inc. specializes in providing innovative aerial solutions for intelligence, surveillance, and cargo, utilizing both piloted and remotely piloted aircraft [6] - The company offers a complete ecosystem of aerial services, including operations, equipment sales, training, and mission support, aimed at helping industries integrate aerial capabilities safely and efficiently [6]