Volato Group reports Vaunt’s annual recurring revenue grew 20% quarter-over-quarter to $3.6M as of April 30.
Volato Group announced its private aviation subscription platform Vaunt reached $3.6M in annual recurring revenue (ARR) as of April 30, up from $3M in the first quarter. The 20% increase was driven by new subscribers, expanded aircraft access via third-party operators, and higher membership engagement.
The company previously reported the $3M ARR milestone in Q1, highlighting growth in its asset-light recurring revenue model. Vaunt’s performance aligns with Volato’s broader aviation technology strategy, focusing on scalable subscription-based services.
Shares of Volato rose 7.5% in early trading following the announcement.