Blade Air Mobility, Inc. (BLDE)

Blade Air Mobility Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Sep 30, 2021
Revenue	248.69	225.18	146.12	67.16	50.53
Revenue Growth (YoY)	10.44%	54.11%	117.58%	32.92%	115.61%
Cost of Revenue	189.77	183.06	123.85	54.31	40.01
Gross Profit	58.92	42.12	22.28	12.85	10.52
Selling, General & Admin	82.42	82.18	67.23	42.96	32.66
Research & Development	3.18	4.63	5.55	2.16	1.68
Operating Expenses	85.61	86.8	72.77	45.11	34.34
Operating Income	-26.69	-44.68	-50.5	-32.26	-23.82
Interest & Investment Income	7.21	8.44	3.43	0.74	0.46
Other Non Operating Income (Expenses)	-0.85	2.13	24.23	-9.15	-20.06
EBT Excluding Unusual Items	-20.33	-34.11	-22.84	-40.67	-43.42
Merger & Restructuring Charges	-1.48	-	-3.03	-	-0.27
Gain (Loss) on Sale of Investments	-	0.01	-2.16	-	-
Asset Writedown	-5.76	-20.75	-	-	-
Other Unusual Items	-	-2.68	-	-	-
Pretax Income	-27.56	-57.54	-28.03	-40.67	-43.7
Income Tax Expense	-0.26	-1.47	-0.77	-3.75	-3.64
Net Income	-27.31	-56.08	-27.26	-36.92	-40.05
Preferred Dividends & Other Adjustments	-	-	-	0.02	-
Net Income to Common	-27.31	-56.08	-27.26	-36.94	-40.05
Shares Outstanding (Basic)	77	74	71	54	43
Shares Outstanding (Diluted)	77	74	71	54	43
Shares Change (YoY)	5.41%	3.21%	31.65%	26.18%	70.10%
EPS (Basic)	-0.35	-0.76	-0.38	-0.68	-0.93
EPS (Diluted)	-0.35	-0.76	-0.38	-0.68	-0.93
Free Cash Flow	-33.39	-34.46	-37.86	-22.12	-15.91
Free Cash Flow Per Share	-0.43	-0.47	-0.53	-0.41	-0.37
Gross Margin	23.69%	18.71%	15.24%	19.14%	20.82%
Operating Margin	-10.73%	-19.84%	-34.56%	-48.04%	-47.15%
Profit Margin	-10.98%	-24.90%	-18.66%	-55.00%	-79.27%
Free Cash Flow Margin	-13.43%	-15.30%	-25.91%	-32.93%	-31.49%
EBITDA	-20.73	-37.57	-44.77	-31.09	-23.23
EBITDA Margin	-8.33%	-16.68%	-30.64%	-46.29%	-45.97%
D&A For EBITDA	5.96	7.11	5.73	1.17	0.6
EBIT	-26.69	-44.68	-50.5	-32.26	-23.82
EBIT Margin	-10.73%	-19.84%	-34.56%	-48.04%	-47.15%
Advertising Expenses	2.71	4.06	4.54	-	1.89

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q