Virgin Galactic Holdings vs Flyte Aviation
Virgin Galactic Holdings is the larger business, with $1.5m of revenue in fiscal 2025 against $819,000 for Flyte Aviation (1.9 times as much). Flyte Aviation grew faster (95.0% against -78.1%). Flyte Aviation kept more of each dollar of sales as profit: a net margin of -2098.0% against -18063.9%. Flyte Aviation carries less debt relative to equity (43.6% against 118.3%).
| Latest fiscal year | Virgin Galactic HoldingsSPCE, 2025 | Flyte AviationVJET, 2025 |
|---|---|---|
| Revenue | $1.5m | $819,000 |
| Revenue growth | -78.1% | 95.0% |
| Net income | −$279m | −$17.2m |
| Operating margin | -18480.8% | -2581.6% |
| Net margin | -18063.9% | -2098.0% |
| Return on equity | -93.6% | -182.7% |
| Free cash flow | −$438m | −$8.3m |
| Cash | $145m | $88,000 |
| Total debt | $324m | $3.1m |
| Debt to equity | 118.3% | 43.6% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 694 | 17 |
| Market value | $354m | $2.0m |
| Price vs our value range | — | — |
| Moat score | 17 (Weak) | 14 (Weak) |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 0 sales |