Blade Air Mobility (BLDE) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
248.7M
Gross Profit
58.9M
23.69%
Operating Income
-33.9M
-13.64%
Net Income
-27.3M
-10.98%
EPS (Diluted)
-$0.35
Balance Sheet Metrics
Total Assets
256.7M
Total Liabilities
34.7M
Shareholders Equity
221.9M
Debt to Equity
0.16
Cash Flow Metrics
Operating Cash Flow
-7.5M
Free Cash Flow
-35.5M
Revenue & Profitability Trend
Blade Air Mobility Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 248.7M | 225.2M | 146.1M | 50.5M | 23.4M |
| Cost of Goods Sold | 189.8M | 183.1M | 123.8M | 40.0M | 21.1M |
| Gross Profit | 58.9M | 42.1M | 22.3M | 10.5M | 2.3M |
| Operating Expenses | 92.8M | 110.2M | 75.8M | 34.6M | 12.7M |
| Operating Income | -33.9M | -68.1M | -53.5M | -24.1M | -10.4M |
| Pre-tax Income | -27.6M | -57.5M | -28.0M | -43.7M | -10.2M |
| Income Tax | -255.0K | -1.5M | -772.0K | -3.6M | 0 |
| Net Income | -27.3M | -56.1M | -27.3M | -40.1M | -10.2M |
| EPS (Diluted) | -$0.35 | -$0.76 | -$0.38 | -$0.57 | -$0.81 |
Income Statement Trend
Blade Air Mobility Balance Sheet From 2021 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 160.7M | 206.3M | 218.1M | 294.9M | 314.4M |
| Non-Current Assets | 95.9M | 88.7M | 106.9M | 40.9M | 28.9M |
| Total Assets | 256.7M | 294.9M | 325.0M | 335.9M | 343.4M |
| Liabilities | |||||
| Current Liabilities | 22.7M | 35.5M | 26.6M | 12.8M | 9.5M |
| Non-Current Liabilities | 12.0M | 25.1M | 23.9M | 31.7M | 42.6M |
| Total Liabilities | 34.7M | 60.6M | 50.5M | 44.5M | 52.2M |
| Equity | |||||
| Total Shareholders Equity | 221.9M | 234.3M | 274.5M | 291.4M | 291.2M |
Balance Sheet Composition
Blade Air Mobility Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -27.3M | -56.1M | -27.3M | -40.1M | -10.2M |
| Operating Cash Flow | -7.5M | -54.2M | -19.8M | -31.6M | -9.1M |
| Investing Activities | |||||
| Capital Expenditures | -30.9M | -2.0M | -730.0K | -297.0K | -377.0K |
| Investing Cash Flow | 1.1M | 17.1M | 79.3M | -320.8M | -377.0K |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -5.9M | -146.0K | -1.2M | 332.1M | 1.2M |
| Free Cash Flow | -35.5M | -34.5M | -37.9M | -16.4M | -11.2M |
Cash Flow Trend
Blade Air Mobility Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-10.50
Forward P/E
-12.50
Price to Book
0.90
Price to Sales
4.52
PEG Ratio
-12.50
Profitability Ratios
Profit Margin
-54.97%
Operating Margin
-42.80%
Return on Equity
-24.50%
Return on Assets
-11.29%
Financial Health
Current Ratio
23.07
Debt to Equity
0.25
Beta
-0.21
Per Share Data
EPS (TTM)
-$0.33
Book Value per Share
$4.18
Revenue per Share
$1.24
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| blde | 303.8M | -10.50 | 0.90 | -24.50% | -54.97% | 0.25 |
| Joby Aviation | 7.2B | - | 7.84 | -64.96% | 50.74% | 4.73 |
| Corp America | 3.2B | 18.73 | 2.20 | 12.16% | 9.19% | 72.76 |
| Wheels Up Experience | 922.5M | 0.12 | -3.36 | 173.08% | -44.21% | -1.71 |
| AerSale | 276.5M | 56.00 | 0.68 | -1.33% | -1.78% | 41.52 |
| Blade Air Mobility | 15.9M | - | 0.05 | -24.50% | -54.97% | 0.25 |
Financial data is updated regularly. All figures are in the company's reporting currency.