Flyte Aviation, Inc.
VJET NYSE· Surgical & Medical Instruments & Apparatus
Last close · Oct 26, 2026
$0.65
KIRA · Stoqly’s AI analyst, in plain words
- Flyte Aviation, Inc. had $0.8M of revenue in fiscal 2025, up 95.0% on the year before. Over five years, revenue changed −28.6% a year on average.
- Its operating margin was −2,581.6%, up 95.3 pts: of every 100 in sales, about −2,582 is left after running the business.
- Flyte Aviation, Inc. lost $17.2M in fiscal 2025.
- Free cash flow was −$8.3M in fiscal 2025, −1,015.0% of revenue.
- Flyte Aviation, Inc. owes $3.0M more than it holds in cash.
Market cap
—
P/E
—
Revenue
$0.8M
Net income
−$17.2M
Free cash flow
−$8.3M
Operating margin
−2,581.6%
Flyte Aviation, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+95.0%
Yes. Sales grew 95.0% last year.
Does it make a profit?
−2,098.0%
No. It lost money last year.
Does profit turn into cash?
−1,015.0%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
What Flyte Aviation, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- Flyte Aviation, Inc.
- CIK
- 0001716621
Flyte Aviation, Inc. · VJET
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $0.0M | $0.0M | $0.4M | $0.4M | $0.8M |
| Revenue growth | −99.5% | −36.4% | 3,057.1% | −5.0% | 95.0% |
| Gross margin | −6,990.9% | −1,050.0% | 93.2% | 90.0% | 92.3% |
| Operating margin | −133,027.3% | −192,578.6% | −17,674.0% | −2,676.9% | −2,581.6% |
| Net income | −$25.1M | −$26.9M | −$70.6M | −$16.6M | −$17.2M |
| Net margin | −113,954.5% | −191,892.9% | −15,966.5% | −3,962.6% | −2,098.0% |
| Diluted EPS | −$248.22 | −$25.98 | — | — | — |
| Cash | |||||
| Cash from operations | −$27.6M | −$22.6M | −$20.6M | −$9.3M | −$8.3M |
| Capital expenditure | $0.3M | $0.0M | $0.1M | $0.1M | $0.0M |
| Free cash flow | −$27.9M | −$22.6M | −$20.7M | −$9.3M | −$8.3M |
| FCF margin | −126,772.7% | −161,321.4% | −4,682.1% | −2,223.3% | −1,015.0% |
| Share count change | −94.1% | 923.8% | — | — | — |
| Debt and strength | |||||
| Cash and short-term investments | $15.0M | $15.9M | $3.6M | $2.9M | $0.1M |
| Debt incl. finance leases | — | — | — | — | $3.1M |
| Shareholders' equity | $13.7M | $9.3M | $21.2M | $11.8M | $7.1M |
| Current ratio | 3.2x | 2.2x | 1.7x | 1.5x | 0.1x |
| Returns and quality | |||||
| Return on capital | — | — | — | — | −166.3% |
| Return on equity | −144.0% | −234.3% | −463.5% | −101.0% | −182.7% |
| Return on tangible equity | −183.4% | −290.1% | — | — | — |
| Piotroski F-score | 1 | 2 | 3 | 3 | 3 |
| Altman Z'' | −31.4 | −45.6 | −43.6 | −36.0 | −73.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Flyte Aviation, Inc. · VJET
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.65 a share, the company is worth —.
Source: SEC EDGAR XBRL filings (CIK 0001716621). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.