Financial Snapshot

Revenue
$241.8M
TTM
Gross Margin
22.95%
TTM
Net Earnings
-$51.46M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
631.91%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$233.5M
Q3 2024
Cash
Q3 2024
P/E
-6.994
Nov 29, 2024 EST
Free Cash Flow
-$37.75M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $225.2M $146.1M $50.53M $23.43M $31.20M $0.00
YoY Change 54.11% 189.2% 115.61% -24.88%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $225.2M $146.1M $50.53M $23.43M $31.20M $0.00
Cost Of Revenue $183.1M $123.8M $39.72M $21.11M $26.50M
Gross Profit $42.12M $22.28M $10.81M $2.327M $4.699M
Gross Profit Margin 18.71% 15.24% 21.39% 9.93% 15.06%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $105.6M $70.26M $33.38M $11.83M $15.49M
YoY Change 50.32% 110.46% 182.32% -23.66%
% of Gross Profit 250.73% 315.42% 308.97% 508.17% 329.62%
Research & Development $4.627M $5.545M $1.514M $861.0K $751.0K
YoY Change -16.56% 266.25% 75.84% 14.65%
% of Gross Profit 10.98% 24.89% 14.01% 37.0% 15.98%
Depreciation & Amortization $7.111M $5.725M $596.0K $526.0K $472.0K
YoY Change 24.21% 860.57% 13.31% 11.44%
% of Gross Profit 16.88% 25.7% 5.52% 22.6% 10.04%
Operating Expenses -$33.23M -$36.57M $34.90M $12.69M $16.24M $900.0K
YoY Change -9.14% -204.79% 175.09% -21.88% 1704.44%
Operating Profit -$68.12M -$53.53M -$24.09M -$10.36M -$11.54M
YoY Change 27.25% 122.18% 132.58% -10.24%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $8.450M $25.50M $11.20M -$19.63M $3.440M $3.440M
YoY Change -66.86% 127.67% -157.05% -670.64% 0.0%
% of Operating Profit
Other Income/Expense, Net $10.58M $25.50M -$19.60M $199.0K $703.0K $2.200M
YoY Change -58.52% -230.07% -9950.25% -71.69% -68.05%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$57.54M -$28.03M -$43.70M -$10.16M -$10.84M $2.540M
YoY Change 105.27% -35.85% 330.07% -6.26% -526.69%
Income Tax -$1.466M -$772.0K -$3.643M $0.00 $0.00 $210.0K
% Of Pretax Income 8.27%
Net Earnings -$56.08M -$27.26M -$40.05M -$10.16M -$10.84M $2.330M
YoY Change 105.71% -31.94% 294.21% -6.26% -565.15%
Net Earnings / Revenue -24.9% -18.66% -79.27% -43.36% -34.74%
Basic Earnings Per Share -$0.76 -$0.38 -$0.93 -$0.40 -$0.43
Diluted Earnings Per Share -$0.76 -$0.38 -$0.93 -$0.40 -$0.43 $71.89K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $166.1M $194.0M $282.0M $800.0K $1.300M $1.300M
YoY Change -14.38% -31.19% 35146.13% -38.46% 0.0%
Cash & Equivalents $27.87M $43.30M $2.595M $800.0K $1.300M $1.300M
Short-Term Investments $138.3M $150.7M $279.4M $297.2M
Other Short-Term Assets $19.12M $13.21M $7.428M $100.0K $100.0K $100.0K
YoY Change 44.7% 77.88% 7328.0% 0.0% 0.0%
Inventory
Prepaid Expenses
Receivables $21.01M $10.88M $5.548M $3.765M
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $206.3M $218.1M $294.9M $900.0K $1.400M $1.400M
YoY Change -5.44% -26.05% 32671.67% -35.71% 0.0%
Property, Plant & Equipment $26.38M $19.73M $2.758M $2.612M
YoY Change 33.73% 615.34% 5.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $390.0K $200.0K $276.9M $276.3M $276.3M
YoY Change 95.0% -99.93% 0.22% 0.0%
Other Assets $1.402M $970.0K $232.0K $220.0K
YoY Change 44.54% 318.1% 5.45%
Total Long-Term Assets $88.68M $106.9M $40.94M $276.9M $276.3M $276.3M
YoY Change -17.05% 161.12% -85.22% 0.22% 0.0%
Total Assets $294.9M $325.0M $335.9M $277.8M $277.7M $277.7M
YoY Change
Accounts Payable $23.86M $16.54M $6.369M $200.0K $200.0K
YoY Change 44.29% 159.63% 3084.5% 0.0%
Accrued Expenses $4.787M $3.362M $438.0K $0.00 $200.0K $200.0K
YoY Change 42.39% 667.58% -100.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $35.49M $26.61M $12.78M $400.0K $400.0K $400.0K
YoY Change 33.39% 108.14% 3095.75% 0.0% 0.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $24.70M $22.05M $31.59M $46.40M $9.600M $9.600M
YoY Change 11.98% -30.18% -31.93% 383.33% 0.0%
Total Long-Term Liabilities $24.70M $22.05M $31.59M $46.40M $9.600M $9.600M
YoY Change 11.98% -30.18% -31.93% 383.33% 0.0%
Total Liabilities $60.64M $50.54M $44.51M $46.80M $10.00M $10.00M
YoY Change 19.99% 13.53% -4.89% 368.0% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 73.52M shares 71.24M shares 42.88M shares 25.21M shares 25.14M shares
Diluted Shares Outstanding 73.52M shares 71.24M shares 42.88M shares 25.21M shares 25.14M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $359.85 Million

About Blade Air Mobility, Inc.

Blade Air Mobility, Inc. engages in providing air transportation alternatives through a technology-powered and global air mobility platform. The company is headquartered in New York City, New York and currently employs 231 full-time employees. The company went IPO on 2019-09-17. The firm transports human organs for transplant, and for passengers, with helicopter and fixed wing services primarily in the Northeast United States, Southern Europe and Western Canada. The firm's segments include Passenger and Medical. Its Passenger segment includes Short Distance and Jet and Other. Short Distance business consists primarily of helicopter and amphibious seaplane flights in the United States, Canada and Europe. Jet and Other business consist principally of non-medical jet charter and by-the-seat jet flights between New York and South Florida. Its Medical segment includes MediMobility Organ Transport, which consists primarily of transportation of human organs for transplant and/or the medical teams supporting these services. The company also offers additional services including donor logistics coordination and support for evaluating potential donor organs.

Industry: Air Transportation, Nonscheduled Peers: Allegiant Travel CO Wheels Up Experience Inc. HARBOR DIVERSIFIED, INC. HAWAIIAN HOLDINGS INC MESA AIR GROUP INC Sun Country Airlines Holdings, Inc. SKYWEST INC SOUTHWEST AIRLINES CO