Wheels Up Experience Inc. financial data

Symbol
UP on NYSE, WSUPW on OTC
Industry
Air Transportation, Nonscheduled
Location
2135 American Way, Chamblee, GA
Fiscal year end
December 31
Former names
Aspirational Consumer Lifestyle Corp. (to 7/12/2021)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 41.5 % -13.5%
Quick Ratio 2.44 % +7.49%
Debt-to-equity 2.76K % +310%
Return On Equity -981 % -238%
Return On Assets -34.2 % +8.82%
Operating Margin -37.1 % +9.83%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 698M shares +2649%
Common Stock, Shares, Outstanding 698M shares +2651%
Entity Public Float 21.4M USD -93%
Common Stock, Value, Issued 70K USD +2233%
Weighted Average Number of Shares Outstanding, Basic 697M shares +2628%
Weighted Average Number of Shares Outstanding, Diluted 697M shares +2628%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 960M USD -36.7%
Cost of Revenue 941M USD -36.5%
Research and Development Expense 53.2M USD -13.9%
Selling and Marketing Expense 82.8M USD -24.1%
General and Administrative Expense 139M USD -21.8%
Costs and Expenses 1.32B USD -38.5%
Operating Income (Loss) -356M USD +42.9%
Nonoperating Income (Expense) -63.1M USD -409%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -419M USD +34.1%
Income Tax Expense (Benefit) 1.54M USD +6891%
Net Income (Loss) Attributable to Parent -420M USD +33.8%
Earnings Per Share, Basic 6.29 USD/shares +97.8%
Earnings Per Share, Diluted 6.29 USD/shares +97.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 141M USD -6.81%
Accounts Receivable, after Allowance for Credit Loss, Current 34M USD -60.2%
Inventory, Net 21.2M USD -9.31%
Other Assets, Current 21.6M USD +54%
Assets, Current 289M USD -17.5%
Property, Plant and Equipment, Net 287M USD -28.3%
Operating Lease, Right-of-Use Asset 60.1M USD -34.3%
Intangible Assets, Net (Excluding Goodwill) 107M USD -17.9%
Goodwill 218M USD -22.9%
Other Assets, Noncurrent 125M USD -4.61%
Assets 1.09B USD -21.6%
Accounts Payable, Current 41.9M USD -19.5%
Accrued Liabilities, Current 88.1M USD -23.9%
Contract with Customer, Liability, Current 702M USD -15.3%
Liabilities, Current 874M USD -18.4%
Contract with Customer, Liability, Noncurrent 464K USD -67.1%
Operating Lease, Liability, Noncurrent 49.9M USD -30.1%
Other Liabilities, Noncurrent 14.7M USD -30.6%
Liabilities 1.16B USD -15.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -12.3M USD -112%
Retained Earnings (Accumulated Deficit) -1.96B USD -27.3%
Stockholders' Equity Attributable to Parent -72.2M USD -663%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -72.2M USD -663%
Liabilities and Equity 1.09B USD -21.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -73.8M USD +63.6%
Net Cash Provided by (Used in) Financing Activities -24.3M USD -260%
Net Cash Provided by (Used in) Investing Activities 19.6M USD
Common Stock, Shares Authorized 1.5B shares +500%
Common Stock, Shares, Issued 698M shares +2624%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -79.5M USD +63.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 174M USD -7.85%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.79M USD -16.1%
Deferred Tax Assets, Valuation Allowance 268M USD +11.4%
Deferred Tax Assets, Gross 269M USD +11.4%
Operating Lease, Liability 68.7M USD -31.6%
Payments to Acquire Property, Plant, and Equipment 4.02M USD -54%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -427M USD +32.5%
Lessee, Operating Lease, Liability, to be Paid 95.5M USD -29.5%
Property, Plant and Equipment, Gross 536M USD -20.3%
Operating Lease, Liability, Current 20.7M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 11.1M USD -43.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.6M USD -45%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 26.8M USD -23.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.02M USD -33.5%
Deferred Tax Assets, Operating Loss Carryforwards 146M USD +66%
Preferred Stock, Shares Authorized 25M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.8M USD -14.2%
Operating Lease, Payments 7.69M USD -23.9%
Additional Paid in Capital 1.91B USD +21.9%
Amortization of Intangible Assets 21.9M USD -10.6%
Depreciation, Depletion and Amortization 33.1M USD -14.2%
Deferred Tax Assets, Net of Valuation Allowance 1.35M USD +5.79%
Share-based Payment Arrangement, Expense 33M USD -48.3%
Interest Expense 56.7M USD +143%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%