vs

Side-by-side financial comparison of First Foundation Inc. (FFWM) and Volato Group, Inc. (SOAR). Click either name above to swap in a different company.

First Foundation Inc. is the larger business by last-quarter revenue ($48.4M vs $24.9M, roughly 1.9× Volato Group, Inc.). Volato Group, Inc. runs the higher net margin — 14.5% vs -97.9%, a 112.4% gap on every dollar of revenue. On growth, Volato Group, Inc. posted the faster year-over-year revenue change (13632.0% vs 421.7%).

John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.

Volato Aeronaves also known as Volato Aeronaves e Compósitos Ltda is a Brazilian aircraft manufacturer.

FFWM vs SOAR — Head-to-Head

Bigger by revenue
FFWM
FFWM
1.9× larger
FFWM
$48.4M
$24.9M
SOAR
Growing faster (revenue YoY)
SOAR
SOAR
+13210.4% gap
SOAR
13632.0%
421.7%
FFWM
Higher net margin
SOAR
SOAR
112.4% more per $
SOAR
14.5%
-97.9%
FFWM

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
FFWM
FFWM
SOAR
SOAR
Revenue
$48.4M
$24.9M
Net Profit
$-8.0M
$3.6M
Gross Margin
15.2%
Operating Margin
-97.5%
3.5%
Net Margin
-97.9%
14.5%
Revenue YoY
421.7%
13632.0%
Net Profit YoY
43.0%
121.3%
EPS (diluted)
$-0.09
$0.75

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FFWM
FFWM
SOAR
SOAR
Q4 25
$48.4M
Q3 25
$63.6M
Q2 25
$51.4M
$24.9M
Q1 25
$71.4M
$25.5M
Q4 24
$9.3M
Q3 24
$9.2M
$38.5M
Q2 24
$57.5M
Q1 24
$51.1M
Net Profit
FFWM
FFWM
SOAR
SOAR
Q4 25
$-8.0M
Q3 25
$-146.3M
Q2 25
$-7.7M
$3.6M
Q1 25
$6.9M
$455.0K
Q4 24
$-14.1M
Q3 24
$-82.2M
$-4.4M
Q2 24
$3.1M
Q1 24
$793.0K
Gross Margin
FFWM
FFWM
SOAR
SOAR
Q4 25
Q3 25
Q2 25
15.2%
Q1 25
17.6%
Q4 24
Q3 24
16.6%
Q2 24
Q1 24
Operating Margin
FFWM
FFWM
SOAR
SOAR
Q4 25
-97.5%
Q3 25
-92.7%
Q2 25
-21.1%
3.5%
Q1 25
8.8%
9.9%
Q4 24
-247.7%
Q3 24
-1276.7%
5.5%
Q2 24
4.6%
Q1 24
-0.2%
Net Margin
FFWM
FFWM
SOAR
SOAR
Q4 25
-97.9%
Q3 25
-230.1%
Q2 25
-15.0%
14.5%
Q1 25
9.7%
1.8%
Q4 24
-152.2%
Q3 24
-896.9%
-11.5%
Q2 24
5.4%
Q1 24
1.6%
EPS (diluted)
FFWM
FFWM
SOAR
SOAR
Q4 25
$-0.09
Q3 25
$-1.78
Q2 25
$-0.09
$0.75
Q1 25
$0.08
$0.03
Q4 24
$-0.24
Q3 24
$-1.23
$-3.76
Q2 24
$0.05
Q1 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FFWM
FFWM
SOAR
SOAR
Cash + ST InvestmentsLiquidity on hand
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$912.6M
$-7.1M
Total Assets
$11.9B
$13.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFWM
FFWM
SOAR
SOAR
Q4 25
$1.6B
Q3 25
$1.7B
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.4B
Q1 24
$1.6B
Stockholders' Equity
FFWM
FFWM
SOAR
SOAR
Q4 25
$912.6M
Q3 25
$917.9M
Q2 25
$1.1B
$-7.1M
Q1 25
$1.1B
$-15.8M
Q4 24
$1.1B
Q3 24
$1.1B
$-19.6M
Q2 24
$933.2M
Q1 24
$928.7M
Total Assets
FFWM
FFWM
SOAR
SOAR
Q4 25
$11.9B
Q3 25
$11.9B
Q2 25
$11.6B
$13.0M
Q1 25
$12.6B
$23.4M
Q4 24
$12.6B
Q3 24
$13.4B
$47.9M
Q2 24
$13.7B
Q1 24
$13.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FFWM
FFWM
SOAR
SOAR
Operating Cash FlowLast quarter
$-31.9M
$848.0K
Free Cash FlowOCF − Capex
$-35.2M
FCF MarginFCF / Revenue
-72.8%
Capex IntensityCapex / Revenue
6.9%
0.0%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters
$-45.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFWM
FFWM
SOAR
SOAR
Q4 25
$-31.9M
Q3 25
$9.2M
Q2 25
$-16.3M
$848.0K
Q1 25
$-552.0K
$-312.0K
Q4 24
$-8.7M
Q3 24
$14.2M
$-3.1M
Q2 24
$-9.1M
Q1 24
$7.2M
Free Cash Flow
FFWM
FFWM
SOAR
SOAR
Q4 25
$-35.2M
Q3 25
$8.6M
Q2 25
$-16.7M
Q1 25
$-2.5M
Q4 24
$-11.4M
Q3 24
$13.4M
$-3.2M
Q2 24
$-9.4M
Q1 24
$5.9M
FCF Margin
FFWM
FFWM
SOAR
SOAR
Q4 25
-72.8%
Q3 25
13.5%
Q2 25
-32.4%
Q1 25
-3.5%
Q4 24
-123.5%
Q3 24
146.2%
-8.2%
Q2 24
-16.3%
Q1 24
11.6%
Capex Intensity
FFWM
FFWM
SOAR
SOAR
Q4 25
6.9%
Q3 25
1.0%
Q2 25
0.8%
0.0%
Q1 25
2.8%
0.0%
Q4 24
29.4%
Q3 24
9.0%
0.1%
Q2 24
0.4%
Q1 24
2.5%
Cash Conversion
FFWM
FFWM
SOAR
SOAR
Q4 25
Q3 25
Q2 25
0.24×
Q1 25
-0.08×
-0.69×
Q4 24
Q3 24
Q2 24
-2.96×
Q1 24
9.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons