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

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 231M USD +40.5%
Cost of Revenue 186M USD +34.8%
Selling and Marketing Expense 9.96M USD +16.3%
General and Administrative Expense 96.1M USD +48.4%
Costs and Expenses 297M USD +36.4%
Operating Income (Loss) -65.2M USD -23.7%
Nonoperating Income (Expense) 13.7M USD -45.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -51.5M USD -87.8%
Income Tax Expense (Benefit) -1.35M USD -39.9%
Net Income (Loss) Attributable to Parent -50.1M 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 36.8M USD -11.9%
Accounts Receivable, after Allowance for Credit Loss, Current 23.6M USD +43.1%
Assets, Current 194M USD -7.26%
Property, Plant and Equipment, Net 3.47M USD +41.8%
Operating Lease, Right-of-Use Asset 24.6M USD +2.01%
Intangible Assets, Net (Excluding Goodwill) 19.5M USD -57%
Goodwill 39.8M USD -0.28%
Other Assets, Noncurrent 1.44M USD +41.4%
Assets 283M USD -12.3%
Contract with Customer, Liability, Current 7.98M USD +2.48%
Liabilities, Current 23.2M USD +0.17%
Deferred Income Tax Liabilities, Net 357K USD -79.2%
Operating Lease, Liability, Noncurrent 21.1M USD +1.49%
Liabilities 46.2M USD -11.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 3.11M USD -3.08%
Retained Earnings (Accumulated Deficit) -164M USD -44%
Stockholders' Equity Attributable to Parent 237M USD -12.4%
Liabilities and Equity 283M USD -12.3%

Popular Metrics

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