Blade Air Mobility Inc. | Micro-cap | Industrials
$0.17
1.57%
| Blade Air Mobility Stock Comparison:
Blade Air Mobility vs Joby AviationBlade Air Mobility vs Corp AmericaBlade Air Mobility vs VolatoBlade Air Mobility vs Wheels Up ExperienceBlade Air Mobility vs AerSaleBlade Air Mobility vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 54.3M
Gross Profit 12.0M 22.06%
Operating Income -7.6M -13.96%
Net Income -3.5M -6.43%

Balance Sheet Metrics

Total Assets 250.6M
Total Liabilities 30.8M
Shareholders Equity 219.7M
Debt to Equity 0.14

Cash Flow Metrics

Operating Cash Flow 2.5M
Free Cash Flow -3.4M

Revenue & Profitability Trend

Blade Air Mobility Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i248.7M225.2M146.1M50.5M23.4M
Cost of Goods Sold i189.8M183.1M123.8M40.0M21.1M
Gross Profit i58.9M42.1M22.3M10.5M2.3M
Gross Margin % i23.7%18.7%15.2%20.8%9.9%
Operating Expenses
Research & Development i3.2M4.6M5.5M1.7M861.0K
Selling, General & Administrative i89.7M105.6M70.3M32.9M11.8M
Other Operating Expenses i-----
Total Operating Expenses i92.8M110.2M75.8M34.6M12.7M
Operating Income i-33.9M-68.1M-53.5M-24.1M-10.4M
Operating Margin % i-13.6%-30.3%-36.6%-47.7%-44.2%
Non-Operating Items
Interest Income i7.2M8.4M3.4M460.0K199.0K
Interest Expense i-----
Other Non-Operating Income-850.0K2.1M22.1M-20.1M-
Pre-tax Income i-27.6M-57.5M-28.0M-43.7M-10.2M
Income Tax i-255.0K-1.5M-772.0K-3.6M0
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-27.3M-56.1M-27.3M-40.1M-10.2M
Net Margin % i-11.0%-24.9%-18.7%-79.3%-43.4%
Key Metrics
EBITDA i-27.1M-63.1M-69.9M-3.4M-9.8M
EPS (Basic) i-----
EPS (Diluted) i-----
Basic Shares Outstanding i-----
Diluted Shares Outstanding i-----

Income Statement Trend

Blade Air Mobility Balance Sheet From 2021 to 2024

Metric20242023202220212021
Assets
Current Assets
Cash & Equivalents i18.4M27.9M41.3M2.6M7.0M
Short-term Investments i108.8M138.3M150.7M279.4M297.2M
Accounts Receivable i21.6M21.0M10.9M5.5M3.8M
Inventory i-----
Other Current Assets10.7M18.0M12.1M--
Total Current Assets i160.7M206.3M218.1M294.9M314.4M
Non-Current Assets
Property, Plant & Equipment i9.4M23.9M18.0M1.1M936.0K
Goodwill i95.8M101.3M125.3M51.1M39.2M
Intangible Assets i13.7M20.5M46.4M24.4M12.6M
Long-term Investments-----
Other Non-Current Assets1.4M1.4M1.4M232.0K220.0K
Total Non-Current Assets i95.9M88.7M106.9M40.9M28.9M
Total Assets i256.7M294.9M325.0M335.9M343.4M
Liabilities
Current Liabilities
Accounts Payable i----4.4M
Short-term Debt i3.3M4.8M3.4M438.0K431.0K
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i22.7M35.5M26.6M12.8M9.5M
Non-Current Liabilities
Long-term Debt i6.0M19.7M15.0M278.0K222.0K
Deferred Tax Liabilities i185.0K451.0K1.9M144.0K195.0K
Other Non-Current Liabilities-----
Total Non-Current Liabilities i12.0M25.1M23.9M31.7M42.6M
Total Liabilities i34.7M60.6M50.5M44.5M52.2M
Equity
Common Stock i7.0K7.0K7.0K7.0K7.0K
Retained Earnings i-186.9M-159.8M-103.7M-76.4M-77.2M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i221.9M234.3M274.5M291.4M291.2M
Key Metrics
Total Debt i9.3M24.5M18.3M716.0K653.0K
Working Capital i138.0M170.8M191.5M282.2M304.9M

Balance Sheet Composition

Blade Air Mobility Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-27.3M-56.1M-27.3M-40.1M-10.2M
Depreciation & Amortization i6.0M7.1M5.7M596.0K526.0K
Stock-Based Compensation i19.9M12.5M8.3M9.6M490.0K
Working Capital Changes i-1.0M-9.8M-4.7M151.0K82.0K
Operating Cash Flow i-7.5M-54.2M-19.8M-31.6M-9.1M
Investing Activities
Capital Expenditures i-30.9M-2.0M-730.0K-297.0K-377.0K
Acquisitions i-2.2M-39.0K-48.3M-23.1M0
Investment Purchases i-143.3M-266.0M-228.0M-308.8M0
Investment Sales i177.4M285.1M356.4M11.3M0
Investing Cash Flow i1.1M17.1M79.3M-320.8M-377.0K
Financing Activities
Share Repurchases i-244.0K----
Dividends Paid i-----
Debt Issuance i---01.2M
Debt Repayment i--0-1.2M0
Financing Cash Flow i-5.9M-146.0K-1.2M332.1M1.2M
Free Cash Flow i-35.5M-34.5M-37.9M-16.4M-11.2M
Net Change in Cash i-12.3M-37.3M58.4M-20.3M-8.3M

Cash Flow Trend

Blade Air Mobility Key Financial Ratios

Valuation Ratios

Price to Book 0.04
Price to Sales 0.05

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

Book Value per Share $4.18
Revenue per Share $1.24

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
bldew13.3M-0.04-24.50%-54.97%0.25
Joby Aviation 12.8B-17.1814.16-88.93%50.74%4.47
Corp America 3.6B21.182.6212.16%9.19%72.76
Volato 6.9M-0.06-0.51248.84%-2.37%-0.23
Wheels Up Experience 1.3B0.12-4.02173.08%-42.68%-1.39
AerSale 417.6M68.081.001.50%1.86%35.81

Financial data is updated regularly. All figures are in the company's reporting currency.