BLDE - Blade Air Mobility, Inc. Stock Price, Fair Value and News

3.62USD+0.03 (+0.84%)Market Closed

Market Summary

USD3.62+0.03

Market Closed

0.84%

BLDE Stock Price

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BLDE RSI Chart

BLDE Valuation

Market Cap

280.0M

Price/Earnings (Trailing)

-5.59

Price/Sales (Trailing)

1.21

EV/EBITDA

-6.75

Price/Free Cashflow

-8.4

BLDE Price/Sales (Trailing)

BLDE Profitability

Operating Margin

19.49%

EBT Margin

-22.24%

Return on Equity

-21.18%

Return on Assets

-17.72%

Free Cashflow Yield

-11.9%

BLDE Fundamentals

BLDE Revenue

Revenue (TTM)

231.4M

Rev. Growth (Yr)

13.79%

Rev. Growth (Qtr)

8.5%

BLDE Earnings

Earnings (TTM)

-50.1M

Earnings Growth (Yr)

58.46%

Earnings Growth (Qtr)

87.53%

Breaking Down BLDE Revenue

Last 7 days

3.4%

Last 30 days

-0.3%

Last 90 days

7.4%

Trailing 12 Months

15.3%

How does BLDE drawdown profile look like?

BLDE Financial Health

Current Ratio

8.35

BLDE Investor Care

Shares Dilution (1Y)

5.71%

Diluted EPS (TTM)

-0.69

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	231.4M	0	0	0
2023	164.8M	190.1M	215.8M	225.2M
2022	84.5M	107.2M	132.6M	146.1M
2021	24.9M	34.4M	50.5M	67.2M
2020	27.3M	25.4M	23.4M	1.0M
2019	0	0	31.2M	29.3M

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Tracking the Latest Insider Buys and Sells of Blade Air Mobility, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	heyburn william a.	sold	-37,498	3.2778	-11,440	chief financial officer
Apr 03, 2024	tomkiel melissa m.	sold	-74,851	3.2778	-22,836	president and general counsel
Apr 03, 2024	tomkiel melissa m.	sold	-38,461	3.2778	-11,734	president and general counsel
Apr 03, 2024	cohen amir	sold	-13,832	3.2778	-4,220	chief accounting officer
Apr 03, 2024	wiesenthal robert s	sold	-83,315	3.2778	-25,418	chief executive officer
Apr 03, 2024	heyburn william a.	sold	-67,365	3.2778	-20,552	chief financial officer
Mar 19, 2024	heyburn william a.	acquired	8,100	0.18	45,000	chief financial officer
Mar 18, 2024	tomkiel melissa m.	acquired	5,014	0.18	27,857	president and general counsel
Mar 15, 2024	tomkiel melissa m.	acquired	9,999	0.18	55,555	president and general counsel
Mar 14, 2024	heyburn william a.	acquired	4,500	0.18	25,000	chief financial officer

Which funds bought or sold BLDE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	B. Riley Wealth Advisors, Inc.	added	70.04	11,231	56,592	-%
May 16, 2024	JANE STREET GROUP, LLC	added	75.36	156,873	534,127	-%
May 16, 2024	AWM Investment Company, Inc.	added	53.85	1,186,800	6,088,680	0.80%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.92	-17,731	17,251	-%
May 16, 2024	Tidal Investments LLC	new	-	1,721,450	1,721,450	0.03%
May 15, 2024	Aspen Grove Capital, LLC	unchanged	-	-85,000	356,250	0.10%
May 15, 2024	OXFORD ASSET MANAGEMENT LLP	new	-	182,762	182,762	0.22%
May 15, 2024	Walleye Capital LLC	reduced	-6.39	-581,007	225,372	-%
May 15, 2024	Steward Partners Investment Advisory, LLC	sold off	-100	-5,648	-	-%
May 15, 2024	Uniplan Investment Counsel, Inc.	added	48.76	649,000	4,297,000	0.34%

Are Funds Buying or Selling BLDE?

Are funds buying BLDE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BLDE

No. of Funds

Unveiling Blade Air Mobility, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	nikko asset management americas, inc.	5.32%	3,974,292	SC 13G/A
Feb 05, 2024	sumitomo mitsui trust holdings, inc.	5.32%	3,974,292	SC 13G/A
Jan 31, 2024	blackrock inc.	5.6%	4,158,230	SC 13G/A
Jan 29, 2024	ark investment management llc	8.70%	6,493,785	SC 13G/A
Jun 09, 2023	hg vora capital management, llc	4.3%	3,176,465	SC 13G/A
Mar 31, 2023	rb lift llc	4.83%	3,479,826	SC 13D/A
Feb 14, 2023	hg vora capital management, llc	11.0%	7,876,453	SC 13G/A
Feb 13, 2023	goldman sachs group inc	3.3%	2,415,757	SC 13G/A
Feb 10, 2023	nikko asset management americas, inc.	6.75%	4,841,415	SC 13G/A
Feb 10, 2023	ark investment management llc	9.80%	7,020,992	SC 13G/A

Recent SEC filings of Blade Air Mobility, Inc.

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
Apr 17, 2024	4/A	Insider Trading
Apr 17, 2024	4/A	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 04, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Blade Air Mobility, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BA	113.6B	76.4B	8.72%	-10.70%	-52.82	1.49	8.37%	47.92%
GD	82.1B	43.1B	5.16%	41.81%	24.25	1.9	8.09%	-0.18%
LHX	42.4B	20.2B	11.05%	20.35%	36.17	2.1	15.66%	26.95%
HWM	33.9B	6.9B	30.70%	83.58%	39.37	4.93	15.47%	76.95%
HEI	29.8B	3.2B	9.16%	20.69%	70.11	9.19	38.68%	18.86%
AXON	21.8B	1.7B	-3.68%	43.18%	83.09	12.96	31.69%	90.90%
HII	10.1B	11.6B	-5.81%	27.02%	14.29	0.87	7.53%	24.12%
MID-CAP
CW	10.7B	2.9B	11.46%	69.26%	28.48	3.64	11.39%	20.50%
BWXT	8.1B	2.5B	-4.85%	32.85%	31.91	3.19	11.52%	5.39%
AVAV	5.5B	705.8M	32.20%	77.40%	-51.04	7.73	44.89%	-1159.76%
SMALL-CAP
DCO	856.0M	766.6M	13.00%	39.33%	48.79	1.12	4.98%	-32.31%
SPCE	407.2M	8.4M	5.32%	-77.95%	-0.92	48.52	194.12%	21.45%
ISSC	92.5M	41.0M	-18.87%	-24.21%	14.63	2.26	46.14%	28.25%
CODA	74.1M	642.5K	9.05%	-25.34%	31.44	106.77	-97.11%	-47.43%
ASTC	16.0M	2.0M	-1.36%	-14.45%	-1.45	7.99	456.67%	-18.02%

Blade Air Mobility, Inc. News

Latest updates

Blade Air Mobility, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3
Revenue	8.5%	51,514,000	47,478,000	71,442,000	60,989,000	45,271,000	38,135,000	45,722,000	35,633,000	26,630,000	24,618,000	20,316,000	12,951,000	9,273,000	7,986,000	4,176,455	3,438,000	-	-	-
Cost Of Revenue	7.6%	41,375,000	38,468,000	55,863,000	50,620,000	38,107,000	33,160,000	36,456,000	30,522,000	23,707,000	20,677,000	15,855,000	9,976,000	7,797,000	6,367,000	-	-	-	-	-
Costs and Expenses	-26.1%	61,382,000	83,111,000	78,890,000	73,198,000	58,098,000	57,813,000	56,150,000	45,366,000	40,320,000	35,154,000	30,045,000	20,722,000	13,498,000	10,354,000	-	-	-	-	-
Operating Expenses	-	-	-	-	-	-	-81,144,000	-	-	-	-	-	20,722,000	235,113	-2,142,109	160,688	4,914,000	145,130	860,822	44,053
S&GA Expenses	-11.8%	2,128,000	2,413,000	2,686,000	2,728,000	2,611,000	2,455,000	1,856,000	1,638,000	1,800,000	1,380,000	1,231,000	615,000	587,000	435,000	249,000	329,000	923,000	-	-
EBITDA Margin	16.9%	-0.15	-0.19	-0.11	-0.18	-0.10	-0.13	-0.03	-0.10	-0.25	-0.20	-0.30	-0.08	-	-	-	-	-	-	-
Interest Expenses	-8.5%	2,072,000	2,264,000	2,147,000	2,077,000	1,954,000	1,542,000	1,173,000	455,000	264,000	290,000	309,000	140,000	4,000	7,000	18,000	151,000	61,000	-	-
Income Taxes	91.8%	-84,000	-1,023,000	129,000	-376,000	-196,000	-828,000	56,000	-	-	-109,000	-3,643,000	-	-	-	-26,624	-1,590	152,069	182,524	26,088
Earnings Before Taxes	87.7%	-4,318,000	-34,964,000	418,000	-12,608,000	-10,388,000	-16,243,000	-9,189,000	8,412,000	-11,012,000	663,000	-12,827,000	-	-1,080,978	-2,361,000	-126,779	-7,572	5,849,140	2,414,827	125,227
EBT Margin	13.0%	-0.22	-0.26	-0.18	-0.25	-0.17	-0.19	-0.08	-0.14	-0.29	-0.23	-0.32	-0.10	-	-	-	-	-	-	-
Net Income	87.5%	-4,234,000	-33,941,000	289,000	-12,232,000	-10,192,000	-27,260,000	-9,245,000	8,412,000	-11,012,000	772,000	-9,184,000	-24,286,000	-4,221,000	-2,361,000	-100,155	-1,325,000	5,697,071	2,536,639	-205,197
Net Income Margin	13.0%	-0.22	-0.25	-0.23	-0.31	-0.23	-0.27	-0.08	-0.10	-0.52	-0.55	-0.79	-0.90	-	-	-	-	-	-	-
Free Cashflow	-75.2%	-16,367,000	-9,344,000	1,328,000	-8,941,000	-17,501,000	-9,115,000	-6,444,000	-11,799,000	-10,502,000	-6,240,000	-5,857,000	-9,362,000	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																			(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3
Assets	-4.1%	283	295	318	320	322	325	327	324	327	336	343	346	279	278	278	278	278	278	27.00
Current Assets	-5.9%	194	206	209	209	209	218	225	278	285	295	314	343	1.00	1.00	14.00	1.00	1.00	1.00	23.00
Cash Equivalents	36.5%	38.00	28.00	37.00	37.00	42.00	41.00	52.00	187	2.00	3.00	7.00	30.00	8.00	10.00	12.00	13.00	1.00	1.00	22.00
Net PPE	19.6%	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	-	2.00	-	-	-	2.00
Goodwill	-1.5%	40.00	40.00	39.00	40.00	40.00	39.00	32.00	13.00	13.00	13.00	13.00	-	-	-	-	-	-	-	-
Liabilities	-23.8%	46.00	61.00	55.00	59.00	52.00	51.00	44.00	32.00	45.00	45.00	52.00	49.00	49.00	47.00	7.00	10.00	10.00	26.00	6.00
Current Liabilities	-34.5%	23.00	35.00	30.00	29.00	23.00	27.00	20.00	19.00	16.00	13.00	10.00	11.00	2.00	0.00	6.00	0.00	0.00	0.00	6.00
Shareholder's Equity	1.0%	237	234	263	261	270	274	283	292	281	291	291	297	8.00	10.00	11.00	12.00	13.00	5.00	21.00
Retained Earnings	-2.7%	-163	-159	-125	-126	-113	-103	-88.26	-79.02	-87.43	-76.42	-77.19	-68.01	-19.27	-18.19	-37.14	6.00	8.00	2.00	-0.64
Additional Paid-In Capital	1.9%	397	390	387	384	381	376	373	372	371	369	369	365	24.00	23.00	48.00	-0.52	-3.03	3.00	5.00
Shares Outstanding	3.1%	76.00	74.00	73.00	73.00	72.00	71.00	71.00	71.00	71.00	70.00	43.00	52.00	-	-	-	-	-	-	-
Float	-	-	-	-	231	-	-	-	182	-	-	-	-	-	-	-	274	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3
Cashflow From Operations	-66.9%	-15,551	-9,320	2,023	-8,197	-16,855	-9,104	-6,351	-11,610	-10,065	-6,016	-5,790	-9,218	-605	-2.00	-515	-323	-212	-255	-1.30
Share Based Compensation	36.9%	4,318	3,153	3,330	2,797	3,221	2,650	1,685	1,844	2,098	2,931	3,924	1,862	1,904	1,275	222	90.00	-	-	-
Cashflow From Investing	32649.3%	24,562	75.00	-3,035	3,774	16,275	462	-128,743	196,624	10,997	4,628	-17,442	-303,307	-53.00	-536	4.00	-13.00	-	-	-275,000
Cashflow From Financing	334.8%	54.00	-23.00	-6.00	-20.00	-27.00	-	-152	-948	16.00	-2,960	181	335,232	-1,753	-1,401	10.00	1,165	-	-258	276,820

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BLDE Income Statement

2024-03-31

Unaudited Interim Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 51,514	$ 45,271
Operating expenses
Cost of revenue	41,375	38,107
Software development	670	1,123
General and administrative	17,209	16,257
Selling and marketing	2,128	2,611
Total operating expenses	61,382	58,098
Loss from operations	(9,868)	(12,827)
Other non-operating income
Interest income	2,072	1,954
Change in fair value of warrant liabilities	3,478	566
Realized loss from sales of short-term investments	0	(81)
Total other non-operating income	5,550	2,439
Loss before income taxes	(4,318)	(10,388)
Income tax benefit	(84)	(196)
Net loss	$ (4,234)	$ (10,192)
Net loss per share (Note 7):
Basic (in dollars per share)	$ (0.06)	$ (0.14)
Diluted (in dollars per share)	$ (0.06)	$ (0.14)
Weighted-average number of shares outstanding:
Basic (in shares)	75,796,411	71,992,771
Diluted (in shares)	75,796,411	71,992,771

BLDE Balance Sheet

2024-03-31

Unaudited Interim Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 36,758	$ 27,873
Restricted cash	1,302	1,148
Accounts receivable, net of allowance of $127 and $98 at March 31, 2024 and December 31, 2023, respectively	23,550	21,005
Short-term investments	114,215	138,264
Prepaid expenses and other current assets	18,183	17,971
Total current assets	194,008	206,261
Non-current assets:
Property and equipment, net	3,468	2,899
Intangible assets, net	19,524	20,519
Goodwill	39,777	40,373
Operating right-of-use asset	24,576	23,484
Other non-current assets	1,439	1,402
Total assets	282,792	294,938
Current liabilities:
Accounts payable and accrued expenses	10,836	23,859
Deferred revenue	7,981	6,845
Operating lease liability, current	4,428	4,787
Total current liabilities	23,245	35,491
Non-current liabilities:
Warrant liability	1,480	4,958
Operating lease liability, long-term	21,101	19,738
Deferred tax liability	357	451
Total liabilities	46,183	60,638
Commitments and Contingencies (Note 9)
Stockholders' Equity
Preferred stock, $0.0001 par value, 2,000,000 shares authorized; no shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	0	0
Common stock, $0.0001 par value; 400,000,000 authorized; 77,146,050 and 75,131,425 shares issued at March 31, 2024 and December 31, 2023, respectively	7	7
Additional paid in capital	397,477	390,083
Accumulated other comprehensive income	3,113	3,964
Accumulated deficit	(163,988)	(159,754)
Total stockholders' equity	236,609	234,300
Total Liabilities and Stockholders' Equity	$ 282,792	$ 294,938

About Blade Air Mobility, Inc.

Blade Air Mobility, Inc. provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.

CEO	Mr. Robert S. Wiesenthal
WEBSITE	blade.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	182

Blade Air Mobility, Inc. Frequently Asked Questions

What is the ticker symbol for Blade Air Mobility, Inc.? What does BLDE stand for in stocks?

BLDE is the stock ticker symbol of Blade Air Mobility, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Blade Air Mobility, Inc. (BLDE)?

As of Fri May 17 2024, market cap of Blade Air Mobility, Inc. is 279.99 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BLDE stock?

You can check BLDE's fair value in chart for subscribers.

What is the fair value of BLDE stock?

You can check BLDE's fair value in chart for subscribers. The fair value of Blade Air Mobility, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Blade Air Mobility, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BLDE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Blade Air Mobility, Inc. a good stock to buy?

The fair value guage provides a quick view whether BLDE is over valued or under valued. Whether Blade Air Mobility, Inc. is cheap or expensive depends on the assumptions which impact Blade Air Mobility, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BLDE.

What is Blade Air Mobility, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, BLDE's PE ratio (Price to Earnings) is -5.59 and Price to Sales (PS) ratio is 1.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BLDE PE ratio will change depending on the future growth rate expectations of investors.