Stock Ratings / Industrials / VOYG / financials

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Voyager Technologies Inc. (Class A) (VOYG) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$27.80 +2.43% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $27.87

Voyager Technologies Inc. (Class A) (VOYG) carries a Roarable Rating of E (Strong Sell) with 32/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (32/100 · E) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE E • RED ALERT Cap $1.72B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $27.87 (+0.25%)🧬 Dilution Drag (+2.48% YoY Shares)⚙️ Cash Engine: 4/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (32/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-9.2% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • E

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk E

Each axis scored 0–20

12M PRICE TARGET CONE-11.7% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for VOYG)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (32/100 Composite)

🔍 WHY VOYG SCORES 32/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+13/20 pts (41% of score)

20D Institutional Volume Accumulation (±12.5% realized swing band)

▲ #2 Bullish Driver: Macro Regime Fit+10/20 pts (31% of score)

FRED Regime × Technicals: 30% of 52W Range • RSI-14 at 44.2 (NEUTRAL RANGE)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+2.48% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$27.26-7% Next Q

Q2 (-2Q)

Grade E$25.35-1% Next Q

Q3 (-1Q)

Grade E$25.09+10.8% Next Q

Current

Grade E$27.80-9.2% Hist 90D α

Trajectory: E (24) → E (32)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a VOYG Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While VOYG currently carries a cautious 32/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Industrials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($30.94) and Max Pain ($29.19) forces dealer call-delta covering toward $55.02.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+2.48% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $VOYG• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “VOYG Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 32%NO 68%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How VOYG Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $136.1M

FY24

Rev $144.2M

FY25

Rev $166.4M

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$166.4M	18%	-65.2%	-$104.8M	-$205.6M	-45%
FY 2024	$144.2M	24.2%	-33.6%	-$62.1M	-$108.2M	-45%
FY 2023	$136.1M	18%	-10.4%	-$25.4M	-$15.4M	-35%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring VOYG)

✓Walkthrough of VOYG's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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VOYG // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +5.26%▼ DESCENDING CHANNEL

2026-10-30O $26.50H $27.80L $25.54C $27.80VOL 1.22M

RES: $30.72SUP: $21.37SMA50: $30.94SMA200: $31.72

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

VOYG Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 VOYG Butterfly Map → + Track VOYG →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +15.4% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on VOYG today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for VOYG. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for VOYG today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (VOYG)

Industrials Rank #430 of 485 ⚔️ AADX vs VOYG Full Matrix →

1. Head-to-Head Industrials Peer Comparison (VOYG vs. AADX, RDW, DCO, ATRO)

Industry: Military/Government/Technical (43 Tracked Issuers)

Across 485 tracked Industrials securities in the Roarable RQD universe, Voyager Technologies Inc. (Class A) (VOYG) ranks #430 by composite RQD confidence (32/100, grade E) and #220 by equity capitalization ($1.72B). Within this direct 5-issuer industry benchmark cohort, ATRO leads on earnings valuation at 92.1x trailing P/E, while ATRO leads on capital efficiency and profitability with 13.2% ROIC and 29.9% gross margin. ATRO currently holds the highest overall quantitative score in the immediate peer group at 59/100 (C-) compared with VOYG at 32/100 (E).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
VOYG ACTIVE Voyager Technologies Inc. (Class A)	E	32/100	—	18.0%	-35.0%	+2.43%	$1.72B	Benchmark Subject
AADX Applied Aerospace & Defense Inc.	D+	52/100	—	—	—	+7.65%	$2.04B	/aadx-vs-voyg →
RDW Redwire Corporation	E	32/100	—	5.2%	-17.4%	+1.67%	$2.29B	/rdw-vs-voyg →
DCO Ducommun Incorporated	D	46/100	—	26.9%	-3.1%	+2.61%	$2.54B	/dco-vs-voyg →
ATRO Astronics Corporation	C-	59/100	92.1x	29.9%	13.2%	+3.85%	$2.70B	/atro-vs-voyg →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001788060

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Voyager Technologies Inc. (Class A) (VOYG) reported GAAP revenue of $166.4M (+15.4% vs. FY2024 revenue of $144.2M , and +22.3% cumulative change since FY2023) , GAAP net income of -$104.8M, operating cash flow of -$60.9M, and free cash flow of -$205.6M (-90.0% YoY). On the balance sheet, VOYG closed FY2025 with $1.05B in total assets against $0 in total debt (Altman Z-Score: 1.48, Piotroski F-Score: 3/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$166.4M	-$104.8M	-$60.9M	-$205.6M	$1.05B	—
FY2024 (FY)	2024-12-31	$144.2M	-$62.1M	-$25.5M	-$108.2M	$247.6M	—
FY2023 (FY)	2023-12-31	$136.1M	-$25.4M	-$15.4M	-$15.4M	—	—

3. VOYG Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is VOYG stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, Voyager Technologies Inc. (Class A) (NYSE: VOYG) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 32/100 at a spot price of $27.80 (+2.43% 1D, market cap $1.72B). Pillar breakdown: Fundamental Cash Engine 4/20, Institutional 13F & Options Flow 13/20, Executive Insider Alignment 3/20, FRED Macro Regime Fit 10/20, and SEC Balance-Sheet Forensics 3/20. Across 485 tracked Industrials issuers, VOYG ranks #430 in composite RQD confidence.

How does VOYG compare to AADX and RDW in the Industrials sector?

Within the Industrials sector (Military/Government/Technical), VOYG carries a Roarable E (32/100 RQD), trailing P/E of N/A, gross margin of 18.0%, and ROIC of -35.0%. By comparison, AADX (Applied Aerospace & Defense Inc.) holds a D+ grade (52/100 RQD, P/E N/A, ROIC —, cap $2.04B) and RDW (Redwire Corporation) posts a E grade (32/100 RQD, P/E N/A, ROIC -17.4%, cap $2.29B). Among the 5-stock peer group, ATRO leads on earnings multiple (92.1x) while ATRO leads on capital efficiency (13.2% ROIC).

What are the biggest fundamental strengths and SEC risk factors for VOYG?

Per VOYG's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001788060), Voyager Technologies Inc. (Class A) generated $166.4M in revenue (+15.4% YoY), -$104.8M in net income, and -$205.6M in free cash flow against $1.05B in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Industrials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is VOYG trading relative to its 50-day, 200-day, and 52-week technical levels?

VOYG last traded at $27.80 (+2.43% on volume of 1,422,940 shares), positioning the stock -10.15% below its 50-day simple moving average ($30.94) and -12.36% below its 200-day simple moving average ($31.72). Across its 52-week range of $17.41 to $52.40, VOYG sits at the 29.7% percentile with a 14-day RSI of 44.2 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($24.32 to $31.28).

VOYG Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Voyager Technologies Inc. (Class A) (VOYG)?

In FY 2025 (10-K), VOYG converted $166.4M of revenue into a 18% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).

Direct Sub-Reports: VOYG RQD Cockpit VOYG 12M Forecast VOYG Earnings & Move VOYG Dividends & DRIP VOYG Insiders & 13F VOYG Whale Options VOYG Profit Sankey VOYG News & Why