Blade Air Mobility, Inc. financial data

Symbol
BLDE, BLDEW on Nasdaq
Industry
Air Transportation, Nonscheduled
Location
55 Hudson Yards, 14 Th Floor, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Experience Investment Corp. (to 5/7/2021)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 691 % -34.3%
Debt-to-equity 22.2 % +39.2%
Return On Equity -20.2 % -47.4%
Return On Assets -16.5 % -39.8%
Operating Margin -28.2 % +11.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 75.4 M shares +4.72%
Entity Public Float 231 M USD +26.8%
Common Stock, Value, Issued 7 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 75.8 M shares +5.28%
Weighted Average Number of Shares Outstanding, Diluted 75.8 M shares +5.28%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 231 M USD +40.5%
Cost of Revenue 186 M USD +34.8%
Selling and Marketing Expense 9.96 M USD +16.3%
General and Administrative Expense 96.1 M USD +48.4%
Costs and Expenses 297 M USD +36.4%
Operating Income (Loss) -65.2 M USD -23.7%
Nonoperating Income (Expense) 13.7 M USD -45.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -51.5 M USD -87.8%
Income Tax Expense (Benefit) -1.35 M USD -39.9%
Net Income (Loss) Attributable to Parent -50.1 M USD -30.9%
Earnings Per Share, Basic -0.68 USD/shares -88.9%
Earnings Per Share, Diluted -0.68 USD/shares -88.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 36.8 M USD -11.9%
Accounts Receivable, after Allowance for Credit Loss, Current 23.6 M USD +43.1%
Assets, Current 194 M USD -7.26%
Property, Plant and Equipment, Net 3.47 M USD +41.8%
Operating Lease, Right-of-Use Asset 24.6 M USD +2.01%
Intangible Assets, Net (Excluding Goodwill) 19.5 M USD -57%
Goodwill 39.8 M USD -0.28%
Other Assets, Noncurrent 1.44 M USD +41.4%
Assets 283 M USD -12.3%
Contract with Customer, Liability, Current 7.98 M USD +2.48%
Liabilities, Current 23.2 M USD +0.17%
Deferred Income Tax Liabilities, Net 357 K USD -79.2%
Operating Lease, Liability, Noncurrent 21.1 M USD +1.49%
Liabilities 46.2 M USD -11.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 3.11 M USD -3.08%
Retained Earnings (Accumulated Deficit) -164 M USD -44%
Stockholders' Equity Attributable to Parent 237 M USD -12.4%
Liabilities and Equity 283 M USD -12.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -15.6 M USD +7.74%
Net Cash Provided by (Used in) Financing Activities 54 K USD
Net Cash Provided by (Used in) Investing Activities 24.6 M USD +50.9%
Common Stock, Shares Authorized 400 M shares 0%
Common Stock, Shares, Issued 77.1 M shares +6.41%
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 9.04 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 38.1 M USD -13.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 31.2 M USD +21.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 38.9 M USD +20%
Operating Lease, Liability 25.5 M USD +2.85%
Depreciation 1.08 M USD +29.5%
Payments to Acquire Property, Plant, and Equipment 816 K USD +26.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -50.2 M USD -135%
Lessee, Operating Lease, Liability, to be Paid 32.9 M USD -3.69%
Property, Plant and Equipment, Gross 6.05 M USD +41.7%
Operating Lease, Liability, Current 4.43 M USD +9.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.17 M USD +23.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.83 M USD -21.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Deferred Income Tax Expense (Benefit) -84 K USD +57.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 7.32 M USD -21.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.85 M USD +47.3%
Deferred Tax Assets, Operating Loss Carryforwards 25.4 M USD +12.6%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Authorized 2 M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.84 M USD +26.5%
Additional Paid in Capital 397 M USD +4.37%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 0 USD
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 6.04 M USD +23.3%
Depreciation, Depletion and Amortization 1.59 M USD -3.51%
Share-based Payment Arrangement, Expense 4.54 M USD +57.6%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%