Wheels Up Experience Inc. financial data

Symbol
UP on NYSE, WSUPW on OTC
Industry
Air Transportation, Nonscheduled
Location
2135 American Way, Chamblee, Georgia
Fiscal year end
December 31
Former names
Aspirational Consumer Lifestyle Corp. (to 7/12/2021)
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 41 % -22.5%
Quick Ratio 2.37 % +20.9%
Debt-to-equity 1.93 K % +372%
Return On Equity -755 % -381%
Return On Assets -37.1 % -20.3%
Operating Margin -39.1 % -11.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 697 M shares +177%
Common Stock, Shares, Outstanding 697 M shares +177%
Entity Public Float 21.4 M USD -93%
Common Stock, Value, Issued 70 K USD +180%
Weighted Average Number of Shares Outstanding, Basic 698 M shares +2655%
Weighted Average Number of Shares Outstanding, Diluted 698 M shares +2655%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.1 B USD -31.6%
Cost of Revenue 1.08 B USD -31%
Research and Development Expense 57.1 M USD -7.82%
Selling and Marketing Expense 84.5 M USD -29.4%
General and Administrative Expense 143 M USD -22.5%
Costs and Expenses 1.53 B USD -29.6%
Operating Income (Loss) -429 M USD +23.8%
Nonoperating Income (Expense) -53.3 M USD -1634%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -483 M USD +14.8%
Income Tax Expense (Benefit) 1.08 M USD +202%
Net Income (Loss) Attributable to Parent -484 M USD +14.7%
Earnings Per Share, Basic 0.15 USD/shares +96.5%
Earnings Per Share, Diluted 0.15 USD/shares +96.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 181 M USD -50.2%
Accounts Receivable, after Allowance for Credit Loss, Current 42.3 M USD -60.7%
Inventory, Net 20.6 M USD -47.7%
Other Assets, Current 16.3 M USD -53.9%
Assets, Current 333 M USD -44.8%
Property, Plant and Equipment, Net 322 M USD -19.3%
Operating Lease, Right-of-Use Asset 63 M USD -36.3%
Intangible Assets, Net (Excluding Goodwill) 112 M USD -17.4%
Goodwill 218 M USD -37.9%
Other Assets, Noncurrent 101 M USD -18%
Assets 1.18 B USD -30.9%
Accounts Payable, Current 45.7 M USD +8.22%
Accrued Liabilities, Current 90.1 M USD -34.6%
Contract with Customer, Liability, Current 698 M USD -28.5%
Liabilities, Current 879 M USD -28.7%
Contract with Customer, Liability, Noncurrent 778 K USD -54%
Operating Lease, Liability, Noncurrent 51.1 M USD -33.8%
Other Liabilities, Noncurrent 6.58 M USD -63.6%
Liabilities 1.17 B USD -24.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -12.2 M USD -34.1%
Retained Earnings (Accumulated Deficit) -1.86 B USD -35.1%
Stockholders' Equity Attributable to Parent 936 K USD -99.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 936 K USD -99.4%
Liabilities and Equity 1.18 B USD -30.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -73.8 M USD +63.6%
Net Cash Provided by (Used in) Financing Activities -24.3 M USD -260%
Net Cash Provided by (Used in) Investing Activities 19.6 M USD
Common Stock, Shares Authorized 1.5 B shares -40%
Common Stock, Shares, Issued 698 M shares +174%
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 -79.5 M USD +63.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 213 M USD -46.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.79 M USD -16.1%
Deferred Tax Assets, Valuation Allowance 268 M USD +11.4%
Deferred Tax Assets, Gross 269 M USD +11.4%
Operating Lease, Liability 71.8 M USD -32.7%
Payments to Acquire Property, Plant, and Equipment 4.02 M USD -54%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -487 M USD +15.5%
Lessee, Operating Lease, Liability, to be Paid 100 M USD -30.6%
Property, Plant and Equipment, Gross 578 M USD -13.4%
Operating Lease, Liability, Current 20.7 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 10.5 M USD -47.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 17.9 M USD -47.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 28.4 M USD -24.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.53 M USD -38.7%
Deferred Tax Assets, Operating Loss Carryforwards 146 M USD +66%
Preferred Stock, Shares Authorized 25 M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.36 M USD -22.2%
Operating Lease, Payments 7.69 M USD -23.9%
Additional Paid in Capital 1.88 B USD +20.9%
Amortization of Intangible Assets 22.6 M USD -9.96%
Depreciation, Depletion and Amortization 34.3 M USD -20.2%
Deferred Tax Assets, Net of Valuation Allowance 1.35 M USD +5.79%
Share-based Payment Arrangement, Expense 25.3 M USD -67.5%
Interest Expense 47.7 M USD +205%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%