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

Volato Group, Inc. is the larger business by last-quarter revenue ($24.9M vs $17.6M, roughly 1.4× Taoping Inc.). Volato Group, Inc. runs the higher net margin — 14.5% vs -26.6%, a 41.1% gap on every dollar of revenue. On growth, Volato Group, Inc. posted the faster year-over-year revenue change (13632.0% vs -2.6%).

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

Taoping Inc. is a China-based technology firm providing smart cloud services, digital media solutions, and targeted internet advertising services. Its core segments cover smart city support, enterprise digital transformation tools, and offline new retail digital operations, serving mainly enterprise and public sector clients in the domestic market.

SOAR vs TAOP — Head-to-Head

Bigger by revenue
SOAR
SOAR
1.4× larger
SOAR
$24.9M
$17.6M
TAOP
Growing faster (revenue YoY)
SOAR
SOAR
+13634.7% gap
SOAR
13632.0%
-2.6%
TAOP
Higher net margin
SOAR
SOAR
41.1% more per $
SOAR
14.5%
-26.6%
TAOP

Income Statement — Q2 FY2025 vs Q2 FY2025

Metric
SOAR
SOAR
TAOP
TAOP
Revenue
$24.9M
$17.6M
Net Profit
$3.6M
$-4.7M
Gross Margin
15.2%
10.1%
Operating Margin
3.5%
-23.8%
Net Margin
14.5%
-26.6%
Revenue YoY
13632.0%
-2.6%
Net Profit YoY
121.3%
-894.8%
EPS (diluted)
$0.75
$-6.54

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
SOAR
SOAR
TAOP
TAOP
Q2 25
$24.9M
$17.6M
Q1 25
$25.5M
Q4 24
$18.6M
Q3 24
$38.5M
Q2 24
$18.1M
Q4 23
$3.2M
Q3 23
$3.7M
Q2 23
$13.0M
Net Profit
SOAR
SOAR
TAOP
TAOP
Q2 25
$3.6M
$-4.7M
Q1 25
$455.0K
Q4 24
$-2.4M
Q3 24
$-4.4M
Q2 24
$588.7K
Q4 23
Q3 23
$-11.8M
Q2 23
$-9.9M
Gross Margin
SOAR
SOAR
TAOP
TAOP
Q2 25
15.2%
10.1%
Q1 25
17.6%
Q4 24
19.5%
Q3 24
16.6%
Q2 24
22.9%
Q4 23
Q3 23
8.7%
Q2 23
-24.2%
Operating Margin
SOAR
SOAR
TAOP
TAOP
Q2 25
3.5%
-23.8%
Q1 25
9.9%
Q4 24
-8.0%
Q3 24
5.5%
Q2 24
-0.7%
Q4 23
Q3 23
-50.2%
Q2 23
-71.3%
Net Margin
SOAR
SOAR
TAOP
TAOP
Q2 25
14.5%
-26.6%
Q1 25
1.8%
Q4 24
-13.0%
Q3 24
-11.5%
Q2 24
3.3%
Q4 23
Q3 23
-323.6%
Q2 23
-75.8%
EPS (diluted)
SOAR
SOAR
TAOP
TAOP
Q2 25
$0.75
$-6.54
Q1 25
$0.03
Q4 24
$-3.58
Q3 24
$-3.76
Q2 24
$3.29
Q4 23
Q3 23
$-0.71
Q2 23
$-0.86

Balance Sheet & Financial Strength

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

Metric
SOAR
SOAR
TAOP
TAOP
Cash + ST InvestmentsLiquidity on hand
$2.2M
Total DebtLower is stronger
$5.8M
Stockholders' EquityBook value
$-7.1M
$14.5M
Total Assets
$13.0M
$30.3M
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SOAR
SOAR
TAOP
TAOP
Q2 25
$2.2M
Q1 25
Q4 24
$1.6M
Q3 24
Q2 24
$480.3K
Q4 23
Q3 23
Q2 23
Total Debt
SOAR
SOAR
TAOP
TAOP
Q2 25
$5.8M
Q1 25
Q4 24
$5.8M
Q3 24
Q2 24
Q4 23
Q3 23
Q2 23
Stockholders' Equity
SOAR
SOAR
TAOP
TAOP
Q2 25
$-7.1M
$14.5M
Q1 25
$-15.8M
Q4 24
$15.9M
Q3 24
$-19.6M
Q2 24
$15.8M
Q4 23
$14.8M
Q3 23
$-34.8M
Q2 23
$-23.0M
Total Assets
SOAR
SOAR
TAOP
TAOP
Q2 25
$13.0M
$30.3M
Q1 25
$23.4M
Q4 24
$35.1M
Q3 24
$47.9M
Q2 24
$34.1M
Q4 23
$71.7M
Q3 23
$70.4M
Q2 23
$70.9M
Debt / Equity
SOAR
SOAR
TAOP
TAOP
Q2 25
0.40×
Q1 25
Q4 24
0.37×
Q3 24
Q2 24
Q4 23
Q3 23
Q2 23

Cash Flow & Capital Efficiency

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

Metric
SOAR
SOAR
TAOP
TAOP
Operating Cash FlowLast quarter
$848.0K
$-1.5M
Free Cash FlowOCF − Capex
$-2.8M
FCF MarginFCF / Revenue
-16.0%
Capex IntensityCapex / Revenue
0.0%
7.6%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SOAR
SOAR
TAOP
TAOP
Q2 25
$848.0K
$-1.5M
Q1 25
$-312.0K
Q4 24
$147.4K
Q3 24
$-3.1M
Q2 24
$-2.5M
Q4 23
$-30.4M
Q3 23
$-10.9M
Q2 23
$-5.6M
Free Cash Flow
SOAR
SOAR
TAOP
TAOP
Q2 25
$-2.8M
Q1 25
Q4 24
$-129.3K
Q3 24
$-3.2M
Q2 24
$-3.3M
Q4 23
$-31.0M
Q3 23
$-11.1M
Q2 23
$-5.9M
FCF Margin
SOAR
SOAR
TAOP
TAOP
Q2 25
-16.0%
Q1 25
Q4 24
-0.7%
Q3 24
-8.2%
Q2 24
-18.3%
Q4 23
-958.0%
Q3 23
-304.7%
Q2 23
-45.6%
Capex Intensity
SOAR
SOAR
TAOP
TAOP
Q2 25
0.0%
7.6%
Q1 25
0.0%
Q4 24
1.5%
Q3 24
0.1%
Q2 24
4.3%
Q4 23
19.7%
Q3 23
7.4%
Q2 23
2.2%
Cash Conversion
SOAR
SOAR
TAOP
TAOP
Q2 25
0.24×
Q1 25
-0.69×
Q4 24
Q3 24
Q2 24
-4.30×
Q4 23
Q3 23
Q2 23

Financial Flow Comparison

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

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