UP RSI Chart
Last 7 days
25.3%
Last 30 days
2.9%
Last 90 days
-17.5%
Trailing 12 Months
-9.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.1B | 0 | 0 | 0 |
2023 | 1.6B | 1.5B | 1.4B | 1.3B |
2022 | 2.1B | 2.2B | 2.4B | 1.6B |
2021 | 800.5M | 951.8M | 1.1B | 2.0B |
2020 | 462.4M | 539.9M | 617.5M | 695.0M |
2019 | 0 | 0 | 0 | 384.9M |
2018 | 0 | 0 | 0 | 332.1M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 13, 2024 | briffa mark | sold | -14,084 | 2.52 | -5,589 | evp, charter & ceo air partner |
Mar 13, 2024 | heltebran laura | sold | -72,169 | 2.54 | -28,413 | chief legal officer |
Feb 26, 2024 | smith todd lamar | sold (taxes) | -52,830 | 3.00 | -17,610 | chief financial officer |
Feb 26, 2024 | briffa mark | sold (taxes) | -14,871 | 3.00 | -4,957 | evp, charter & ceo air partner |
Feb 26, 2024 | heltebran laura | sold (taxes) | -13,623 | 3.00 | -4,541 | chief legal officer |
Feb 20, 2024 | heltebran laura | sold (taxes) | -8,074 | 3.42 | -2,361 | chief legal officer |
Jan 22, 2024 | moak donald lee | acquired | - | - | 63,166 | - |
Jan 22, 2024 | armstrong timothy m | acquired | - | - | 92,593 | - |
Jan 22, 2024 | adelman david j. | acquired | - | - | 92,593 | - |
Jan 04, 2024 | smith todd lamar | sold (taxes) | -179,388 | 4.15 | -43,226 | chief financial officer |
Which funds bought or sold UP recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -41.3 | -118,757 | 114,648 | -% |
May 16, 2024 | Colony Group, LLC | new | - | 129,000 | 129,000 | -% |
May 16, 2024 | Ancora Advisors LLC | unchanged | - | -1,688 | 8,653 | -% |
May 15, 2024 | Mariner, LLC | unchanged | - | -78,296 | 401,266 | -% |
May 15, 2024 | Schonfeld Strategic Advisors LLC | new | - | 188,230 | 188,230 | -% |
May 15, 2024 | Man Group plc | new | - | 54,610 | 54,610 | -% |
May 15, 2024 | TWO SIGMA ADVISERS, LP | reduced | -19.67 | -14,057 | 28,815 | -% |
May 15, 2024 | TWINBEECH CAPITAL LP | new | - | 50,991 | 50,991 | -% |
May 15, 2024 | Knighthead Capital Management, LLC | unchanged | - | -144,575,000 | 740,946,000 | 27.84% |
May 15, 2024 | Walleye Capital LLC | sold off | -100 | -564,389 | - | -% |
Unveiling Wheels Up Experience Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Wheels Up Experience 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 | -52.82 | 1.49 | ||||
GD | 82.1B | 43.1B | 24.25 | 1.9 | ||||
LHX | 42.4B | 20.2B | 36.17 | 2.1 | ||||
HWM | 33.9B | 6.9B | 39.37 | 4.93 | ||||
HEI | 29.8B | 3.2B | 70.11 | 9.19 | ||||
AXON | 21.8B | 1.7B | 83.09 | 12.96 | ||||
HII | 10.1B | 11.6B | 14.29 | 0.87 | ||||
MID-CAP | ||||||||
CW | 10.7B | 2.9B | 28.48 | 3.64 | ||||
BWXT | 8.1B | 2.5B | 31.91 | 3.19 | ||||
AVAV | 5.5B | 705.8M | -51.04 | 7.73 | ||||
SMALL-CAP | ||||||||
DCO | 856.0M | 766.6M | 48.79 | 1.12 | ||||
SPCE | 407.2M | 8.4M | -0.92 | 48.52 | ||||
ISSC | 92.5M | 41.0M | 14.63 | 2.26 | ||||
CODA | 74.1M | 642.5K | 31.44 | 106.77 | ||||
ASTC | 16.0M | 2.0M | -1.45 | 7.99 |
Wheels Up Experience Inc. News
Income Statement (Quarterly) | ||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2018Q4 |
Revenue | -20.0% | 197,101,000 | 246,380,000 | 320,063,000 | 335,062,000 | 351,812,000 | 408,257,000 | 420,356,000 | 425,512,000 | 325,635,000 | 1,194,259,000 | 301,978,000 | 285,580,000 | 261,657,000 | 209,773,000 | 194,781,000 | 134,331,000 | - | - | - |
Cost Of Revenue | -21.0% | 198,260,000 | 250,925,000 | 299,887,000 | 327,903,000 | 353,791,000 | 395,627,000 | 403,042,000 | 408,898,000 | 332,758,000 | 1,117,633,000 | 283,495,000 | 255,188,000 | 234,508,000 | 188,143,000 | 171,338,000 | 127,336,000 | - | - | - |
Costs and Expenses | -10.2% | 279,686,000 | 311,295,000 | 449,068,000 | 488,049,000 | 448,462,000 | 629,760,000 | 572,018,000 | 519,636,000 | 418,353,000 | 1,397,537,000 | 370,550,000 | 310,376,000 | 289,325,000 | 239,071,000 | 168,655,000 | 155,645,000 | - | - | - |
S&GA Expenses | 23.7% | 21,437,000 | 17,328,000 | 22,548,000 | 23,149,000 | 25,803,000 | 29,349,000 | 30,830,000 | 33,688,000 | 23,243,000 | 80,071,000 | 22,157,000 | 17,895,000 | 15,794,000 | 16,231,000 | 13,655,000 | 10,277,000 | - | - | - |
R&D Expenses | -4.5% | 11,081,000 | 11,608,000 | 19,962,000 | 14,430,000 | 15,873,000 | 14,804,000 | 16,639,000 | 14,606,000 | 11,191,000 | 33,579,000 | 8,769,000 | 8,025,000 | 7,024,000 | 5,665,000 | 6,044,000 | 4,449,000 | - | - | - |
EBITDA Margin | -16.0% | -0.36 | -0.31 | -0.38 | -0.36 | -0.30 | -0.31 | -0.18 | -0.15 | -0.13 | -0.10 | -0.01 | -0.01 | -0.01 | - | - | - | - | - | - |
Interest Expenses | -52.2% | 6,792,000 | 14,220,000 | 11,258,000 | 7,658,000 | 8,119,000 | 7,515,000 | - | - | - | 9,519,000 | 782,000 | 4,164,000 | 4,557,000 | 4,862,000 | 5,614,000 | - | - | - | - |
Income Taxes | -118.2% | -114,000 | 626,000 | 579,000 | -16,000 | 200,000 | -335,000 | 185,000 | 320,000 | - | 58,000 | - | - | - | - | - | - | - | - | - |
Earnings Before Taxes | -21.2% | -97,507,000 | -80,483,000 | -144,234,000 | -160,609,000 | -100,678,000 | -225,245,000 | -148,653,000 | -92,440,000 | -89,040,000 | -197,172,000 | -59,455,000 | -28,954,000 | -32,213,000 | - | 20,548,000 | - | - | - | - |
EBT Margin | -13.3% | -0.44 | -0.39 | -0.45 | -0.42 | -0.35 | -0.35 | -0.22 | -0.19 | -0.18 | -0.16 | -0.08 | -0.09 | -0.11 | - | - | - | - | - | - |
Net Income | -20.1% | -97,393,000 | -81,115,000 | -144,813,000 | -160,593,000 | -100,866,000 | -224,910,000 | -148,838,000 | -92,760,000 | -89,040,000 | -190,020,000 | -58,485,000 | -28,954,000 | -32,213,000 | -25,711,000 | 18,909,000 | -27,365,000 | -44,474,000 | - | - |
Net Income Margin | -13.3% | -0.44 | -0.39 | -0.45 | -0.42 | -0.35 | -0.35 | -0.22 | -0.19 | -0.17 | -0.15 | -0.14 | -0.07 | -0.08 | - | - | - | - | - | - |
Free Cashflow | -568.1% | -77,816,000 | -11,647,000 | -249,905,000 | -212,669,000 | -211,232,000 | 54,132,000 | -151,741,000 | -29,080,000 | -187,559,000 | 270,355,000 | -35,408,000 | -36,698,000 | -86,993,000 | - | - | - | - | - | - |
Balance Sheet | |||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2019Q4 |
Assets | -10.2% | 1,181 | 1,316 | 1,328 | 1,386 | 1,710 | 1,923 | 1,748 | 1,969 | 1,885 | 1,981 | 1,676 | 1,310 | 240 | 1,360 | 227 | 528 |
Current Assets | -23.3% | 333 | 434 | 410 | 350 | 603 | 820 | 552 | 692 | 733 | 933 | 657 | 270 | 0.00 | 396 | 2.00 | 128 |
Cash Equivalents | -19.2% | 213 | 264 | 245 | 152 | 363 | 586 | 312 | 454 | 540 | 787 | 535 | 161 | 215 | 325 | 104 | 96.00 |
Inventory | 0.8% | 21.00 | 20.00 | 24.00 | 23.00 | 39.00 | 29.00 | 18.00 | 12.00 | 10.00 | 9.00 | 9.00 | 8.00 | - | 5.00 | - | 1.00 |
Net PPE | -4.7% | 322 | 338 | 362 | 401 | 399 | 395 | 388 | 389 | 380 | 318 | 314 | 317 | - | 323 | - | 345 |
Goodwill | -0.3% | 218 | 218 | 215 | 282 | 350 | 348 | 460 | 528 | 84.00 | 437 | 437 | 437 | - | 37.00 | - | 4.00 |
Liabilities | -3.8% | 1,169 | 1,216 | 1,182 | 1,373 | 1,547 | 1,671 | 1,300 | 1,386 | 1,221 | 1,245 | 883 | 1,044 | 1,055 | 1,066 | 825 | 584 |
Current Liabilities | -3.2% | 879 | 908 | 869 | 1,071 | 1,232 | 1,344 | 1,194 | 1,272 | 1,104 | 1,135 | 760 | 810 | 4.00 | 840 | - | 384 |
Long Term Debt | -5.2% | 223 | 235 | 235 | 210 | 220 | 226 | - | - | - | - | 0.00 | 123 | - | 148 | - | 195 |
LT Debt, Current | -7.2% | 22.00 | 24.00 | 25.00 | 27.00 | 27.00 | 27.00 | - | - | - | - | 0.00 | 60.00 | - | 63.00 | - | 49.00 |
LT Debt, Non Current | -100.0% | - | 235 | 235 | 210 | 220 | 226 | - | - | - | - | 0.00 | - | - | 148 | - | - |
Shareholder's Equity | -99.0% | 1.00 | 97.00 | 145 | 13.00 | 163 | 252 | 447 | 583 | 664 | 736 | 793 | 266 | 293 | 294 | 327 | - |
Retained Earnings | -5.5% | -1,860 | -1,763 | -1,682 | -1,537 | -1,376 | -1,275 | -1,050 | -902 | -809 | -720 | -677 | -130 | -30.03 | -32.70 | -0.53 | -25.90 |
Additional Paid-In Capital | 0.1% | 1,882 | 1,879 | 1,849 | 1,564 | 1,557 | 1,546 | 1,522 | 1,500 | 1,476 | 1,451 | 1,460 | - | - | -32.70 | 6.00 | 26.00 |
Shares Outstanding | 0.1% | 697 | 697 | 167 | 25.00 | 25.00 | 25.00 | 24.00 | 24.00 | 24.00 | 20.00 | 19.00 | 17.00 | 17.00 | - | - | - |
Minority Interest | - | - | - | - | - | - | - | - | - | 3.00 | 6.00 | 10.00 | - | - | 26.00 | - | - |
Float | - | - | - | - | 21.00 | - | - | - | 306 | - | - | - | - | - | 239 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2018Q4 |
Cashflow From Operations | -1846.6% | -73,794 | -3,791 | -249,794 | -209,218 | -202,482 | 57,652 | -148,166 | -18,959 | -121,216 | 278,906 | -33,505 | -34,191 | -84,720 | 101,592 | -26.80 | - | - | - | - |
Share Based Compensation | 181.5% | 11,211 | 3,983 | 3,508 | 6,604 | 11,538 | 23,140 | 22,504 | 20,781 | 22,554 | 19,005 | 27,906 | 1,348 | 1,414 | - | - | - | - | - | - |
Cashflow From Investing | 361.1% | 19,603 | 4,251 | 37,530 | 10,124 | -11,035 | -3,517 | 9,372 | -61,545 | -119,552 | -30,242 | -5,760 | -5,587 | 2,919 | -10,124 | -225,000 | - | - | - | - |
Cashflow From Financing | -236.7% | -24,314 | 17,783 | 301,854 | -11,931 | -6,752 | 252,133 | -658 | -582 | -6,107 | 628 | 403,972 | -17,788 | -12,786 | 2,995 | 226,858 | - | - | - | - |
Buy Backs | 1107.1% | 338 | 28.00 | -3.00 | 3.00 | - | 340 | 658 | 582 | 6,107 | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Revenue | $ 197,101 | $ 351,812 |
Costs and expenses: | ||
Cost of revenue | 198,260 | 353,791 |
Technology and development | 11,081 | 15,873 |
Sales and marketing | 21,437 | 25,803 |
General and administrative | 36,237 | 39,416 |
Depreciation and amortization | 15,395 | 14,445 |
Gain on sale of aircraft held for sale | (2,724) | (866) |
Total costs and expenses | 279,686 | 448,462 |
Loss from operations | (82,585) | (96,650) |
Other income (expense): | ||
Gain on disposal of assets, net | 1,440 | 0 |
Loss on extinguishment of debt | (1,706) | 0 |
Change in fair value of warrant liability | (28) | 125 |
Interest income | 56 | 3,821 |
Interest expense | (14,555) | (8,119) |
Other income (expense), net | (129) | 145 |
Total other income (expense) | (14,922) | (4,028) |
Loss before income taxes | (97,507) | (100,678) |
Income tax benefit (expense) | 114 | (188) |
Net loss | (97,393) | (100,866) |
Less: Net loss attributable to non-controlling interests | 0 | 0 |
Net loss attributable to Wheels Up Experience Inc. | $ (97,393) | $ (100,866) |
Net loss per share of Common Stock (Note 18) | ||
Basic (in dollars per share) | $ (0.14) | $ (3.98) |
Diluted (in dollars per share) | $ (0.14) | $ (3.98) |
Weighted-average shares of Common Stock outstanding: | ||
Basic (in shares) | 697,983,030 | 25,334,527 |
Diluted (in shares) | 697,983,030 | 25,334,527 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 180,857 | $ 263,909 |
Accounts receivable, net | 42,317 | 38,237 |
Other receivables | 9,309 | 11,528 |
Parts and supplies inventories, net | 20,561 | 20,400 |
Aircraft inventory | 0 | 1,862 |
Aircraft held for sale | 20,239 | 30,496 |
Prepaid expenses | 43,360 | 55,715 |
Other current assets | 16,257 | 11,887 |
Total current assets | 332,900 | 434,034 |
Property and equipment, net | 321,904 | 337,714 |
Operating lease right-of-use assets | 63,043 | 68,910 |
Goodwill | 217,516 | 218,208 |
Intangible assets, net | 112,447 | 117,766 |
Restricted cash | 32,433 | 28,916 |
Other non-current assets | 101,049 | 110,512 |
Total assets | 1,181,292 | 1,316,060 |
Current liabilities: | ||
Current maturities of long-term debt | 22,265 | 23,998 |
Accounts payable | 45,694 | 32,973 |
Accrued expenses | 90,122 | 102,475 |
Deferred revenue, current | 698,013 | 723,246 |
Operating lease liabilities, current | 20,718 | 22,869 |
Other current liabilities | 1,920 | 1,941 |
Total current liabilities | 878,732 | 907,502 |
Long-term debt, net | 222,780 | 235,074 |
Operating lease liabilities, non-current | 51,093 | 54,956 |
Intangible liabilities, non-current | 10,295 | 10,677 |
Other non-current liabilities | 6,581 | 7,978 |
Total liabilities | 1,169,481 | 1,216,187 |
Commitments and contingencies (Note 13) | ||
Total mezzanine equity | 10,875 | 2,476 |
Equity: | ||
Common Stock, $0.0001 par value; 1,500,000,000 authorized; 697,689,963 and 697,131,838 shares issued and 697,321,492 and 696,856,131 shares outstanding as of March 31, 2024 and December 31, 2023, respectively | 70 | 70 |
Additional paid-in capital | 1,881,821 | 1,879,009 |
Accumulated deficit | (1,860,653) | (1,763,260) |
Accumulated other comprehensive loss | (12,246) | (10,704) |
Treasury stock, at cost, 368,471 and 275,707 shares, respectively | (8,056) | (7,718) |
Total Wheels Up Experience Inc. stockholders’ equity | 936 | 97,397 |
Non-controlling interests | 0 | 0 |
Total equity | 936 | 97,397 |
Total liabilities and equity | $ 1,181,292 | $ 1,316,060 |