Market Summary
USD2.61-0.06
Market Closed-2.25%
BLDE Stock Price
BLDE RSI Chart
BLDE Valuation
BLDE Price/Sales (Trailing)
BLDE Profitability
BLDE Fundamentals
BLDE Revenue
BLDE Earnings
Price Action
52 Week Range
2.515.10
(Low)(High)
Last 7 days
-9.7%
Last 30 days
-16.1%
Last 90 days
-28.5%
Trailing 12 Months
-35.6%
BLDE Financial Health
BLDE Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for BLDE
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-13 | Cohen Amir | sold | -35,905 | 3.3062 | -10,860 | chief accounting officer |
2023-08-25 | Tomkiel Melissa M. | acquired | 2,432 | 0.18 | 13,516 | president and general counsel |
2023-08-08 | Garvey Jane C | acquired | - | - | 48,637 | - |
2023-08-08 | Lyne Susan M | acquired | - | - | 37,413 | - |
2023-08-08 | LERER KENNETH B | acquired | - | - | 31,178 | - |
2023-08-08 | PHILIP EDWARD M | acquired | - | - | 31,178 | - |
2023-08-08 | Affeldt Eric | acquired | - | - | 31,178 | - |
2023-08-08 | Love Reginald | acquired | - | - | 31,178 | - |
2023-08-08 | Borthwick John | acquired | - | - | 76,074 | - |
2023-07-18 | Heyburn William A. | acquired | 6,068 | 0.18 | 33,712 | chief financial officer |
Which funds bought or sold BLDE recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 3.29 | 28,000 | 166,000 | -% |
2023-09-13 | CGC Financial Services, LLC | new | - | 99.00 | 99.00 | -% |
2023-08-23 | WOLVERINE TRADING, LLC | new | - | 52,297 | 52,297 | -% |
2023-08-22 | Asset Dedication, LLC | unchanged | - | - | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | unchanged | - | 4,880 | 34,337 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -7.77 | 5,358 | 76,696 | -% |
2023-08-21 | VitalStone Financial, LLC | sold off | -100 | -2,000 | - | -% |
2023-08-16 | Sunbelt Securities, Inc. | unchanged | - | 198 | 1,182 | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -5.06 | 60,758 | 629,758 | -% |
2023-08-15 | ALLIANCEBERNSTEIN L.P. | new | - | 47,044 | 47,044 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Blade Air Mobility
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 09, 2023 | steele expco holdings, llc | 16.3% | 12,423,000 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 5.2% | 3,701,629 | SC 13G | |
| Feb 03, 2023 | sumitomo mitsui trust holdings, inc. | 6.75% | 4,841,415 | SC 13G/A | |
| Jan 19, 2023 | rb lift llc | 4.86% | 3,479,826 | SC 13D | |
| Feb 14, 2022 | nikko asset management americas, inc. | 6.14% | 4,332,774 | SC 13G | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A |
Recent SEC filings of Blade Air Mobility
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 14, 2023 | 3 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 13, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 28, 2023 | 4 | Insider Trading | |
| Aug 09, 2023 | 4 | Insider Trading | |
| Aug 09, 2023 | 10-Q | Quarterly Report | |
| Aug 09, 2023 | 4 | Insider Trading | |
| Aug 09, 2023 | 4 | Insider Trading | |
| Aug 09, 2023 | 4 | Insider Trading | |
| Aug 09, 2023 | 4 | Insider Trading |
Blade Air Mobility News
Returns for BLDE
Cumulative Returns on BLDE
-33.1%
3-Year Cumulative Returns
Risks for BLDE
What is the probability of a big loss on BLDE?
69.0%
Probability that Blade Air Mobility stock will be more than 20% underwater in next one year
68.5%
Probability that Blade Air Mobility stock will be more than 30% underwater in next one year.
67.0%
Probability that Blade Air Mobility stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does BLDE drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Blade Air Mobility was unfortunately bought at previous high price.
Drawdowns
Financials for Blade Air Mobility
Income Statement (Last 12 Months)
| Income Statement (Last 12 Months) | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 |
| Revenue | 15.4% | 190,117,000 | 164,761,000 | 146,120,000 | 132,603,000 | 107,197,000 | 84,515,000 | 67,158,000 | 50,526,000 | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | 21,374,914 | 5,566,914 | 678,487 | 6,081,640 | 5,964,005 | 1,400,007 | 1,809,750 | 172,212 |
| S&GA Expenses | 12.7% | 9,650,000 | 8,560,000 | 7,749,000 | 6,674,000 | 6,049,000 | 5,026,000 | 3,813,000 | 2,868,000 | 1,886,000 | 1,600,000 | 1,350,667 | 2,533,000 | 1,316,000 | - | - | 5,013,000 |
| EBITDA | 100.0% | - | -36,404,000 | -18,873,000 | -10,412,000 | - | 2,360,044 | 1,081,044 | -42,639,000 | - | -2,807,662 | -1,002,544 | 3,730,616 | 4,391,289 | 5,527,259 | 6,255,108 | 1,671,908 |
| EBITDA Margin | 100.0% | - | -0.22 | -0.13 | -0.08 | - | 0.03 | 0.01 | -0.84 | - | - | - | - | - | - | - | - |
| Interest Expenses | 31.7% | 6,746,000 | 5,124,000 | 3,434,000 | 2,182,000 | 1,318,000 | 1,003,000 | 743,000 | 460,000 | 169,000 | 180,000 | 234,667 | 199,000 | 604,000 | - | - | 703,000 |
| Earnings Before Taxes | -76.7% | -48,428,000 | -27,408,000 | -28,032,000 | -11,126,000 | -14,764,000 | -30,901,333 | -17,659,970 | -21,691,970 | - | -3,576,329 | 3,353,789 | 8,130,616 | 8,381,622 | 11,185,592 | 5,080,108 | 496,908 |
| EBT Margin | 100.0% | - | -0.29 | -0.19 | -0.13 | - | -0.01 | -0.01 | -0.86 | - | - | - | - | - | - | - | - |
| Net Income | -53.9% | -58,929,000 | -38,285,000 | -39,105,000 | -11,073,000 | -11,012,000 | -43,710,000 | -36,919,000 | -40,052,000 | -30,968,155 | -8,007,155 | 1,910,916 | 6,808,555 | 6,703,513 | 10,704,684 | 4,662,884 | -820,788 |
| Net Income Margin | 100.0% | - | -0.23 | -0.27 | -0.08 | -0.10 | -0.52 | -0.44 | -0.79 | - | - | - | - | - | - | - | - |
| Free Cashflow | 100.0% | - | -44,859,000 | -37,860,000 | -34,985,000 | -34,399,000 | -31,961,000 | -22,117,000 | -15,912,000 | -10,178,930 | -624,635 | -476,060 | -1,048,275 | -1,052,642 | -1,229,046 | -1,117,024 | -609,188 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 |
| Assets | -0.7% | 320 | 322 | 325 | 327 | 324 | 327 | 336 | 343 | 346 | 279 | 278 | 278 | 278 | 278 | 278 | 277 |
| Current Assets | -0.1% | 209 | 209 | 218 | 225 | 278 | 285 | 295 | 314 | 343 | 1.00 | 1.00 | 14.00 | 1.00 | 1.00 | 1.00 | - |
| Cash Equivalents | -10.5% | 37.00 | 42.00 | 43.00 | 8.00 | 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 | 19.0% | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | - | - | 2.00 | - | - | - | - |
| Goodwill | -0.2% | 40.00 | 40.00 | 39.00 | 32.00 | 13.00 | 13.00 | 13.00 | 13.00 | - | - | - | - | - | - | - | - |
| Liabilities | 13.8% | 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 | 10.00 |
| Current Liabilities | 26.1% | 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 | 0.00 |
| Shareholder's Equity | -3.5% | 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 | -10.7% | -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 | -0.21 |
| Additional Paid-In Capital | 0.7% | 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 | 1.6% | 73.00 | 72.00 | - | 71.00 | 71.00 | 71.00 | 70.00 | 69.00 | 52.00 | 26.00 | 25.00 | 8.00 | 25.00 | 8.00 | 8.00 | 6.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 |
| Cashflow From Operations | 7.8% | -40.51 | -43.92 | -37.13 | -34.04 | -33.48 | -31.09 | -21.63 | -15.62 | -9.95 | -0.81 | -0.42 | -0.67 | -0.54 | -0.63 | -0.51 | -0.01 |
| Share Based Compensation | 10.1% | 10.00 | 9.00 | 8.00 | 9.00 | 11.00 | 11.00 | 11.00 | 10.00 | 6.00 | 5.00 | 3.00 | 0.00 | 0.00 | - | - | 0.00 |
| Cashflow From Investing | -227.9% | -108 | 85.00 | 79.00 | 84.00 | 195 | -305 | -316 | -321 | -303 | -0.78 | -1.06 | -0.38 | -550 | - | -550 | -1,100 |
| Cashflow From Financing | 82.3% | -0.20 | -1.13 | -1.08 | -4.04 | -3.71 | 332 | 331 | 332 | 332 | -4.19 | -2.78 | 1.00 | 553 | - | 553 | 1,107 |
BLDE Income Statement
2023-06-30Unaudited Interim Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Revenue | $ 60,989 | $ 35,633 | $ 106,260 | $ 62,263 |
| Operating expenses | ||||
| Cost of revenue | 50,620 | 30,522 | 88,727 | 54,229 |
| Software development | 1,440 | 1,062 | 2,563 | 1,897 |
| General and administrative | 18,410 | 12,144 | 34,667 | 26,122 |
| Selling and marketing | 2,728 | 1,638 | 5,339 | 3,438 |
| Total operating expenses | 73,198 | 45,366 | 131,296 | 85,686 |
| Loss from operations | (12,209) | (9,733) | (25,036) | (23,423) |
| Other non-operating (expense) income | ||||
| Interest income, net | 2,077 | 455 | 4,031 | 719 |
| Change in fair value of warrant liabilities | (2,462) | 19,266 | (1,896) | 21,816 |
| Realized loss from sales of short-term investments | (14) | (1,576) | (95) | (1,712) |
| Total other non-operating (expense) income | (399) | 18,145 | 2,040 | 20,823 |
| (Loss) income before income taxes | (12,608) | 8,412 | (22,996) | (2,600) |
| Income tax benefit | (376) | 0 | (572) | 0 |
| Net (loss) income | $ (12,232) | $ 8,412 | $ (22,424) | $ (2,600) |
| Net (loss) income per share (Note 7): | ||||
| Basic (in dollars per share) | $ (0.17) | $ 0.11 | $ (0.31) | $ (0.04) |
| Diluted (in dollars per share) | $ (0.17) | $ 0.10 | $ (0.31) | $ (0.04) |
| Weighted-average number of shares outstanding: | ||||
| Basic (in shares) | 73,169,003 | 71,051,523 | 72,584,138 | 70,913,597 |
| Diluted (in shares) | 73,169,003 | 78,497,356 | 72,584,138 | 70,913,597 |
BLDE Balance Sheet
2023-06-30Unaudited Interim Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 37,348 | $ 43,296 |
| Restricted cash | 2,045 | 1,127 |
| Accounts receivable, net of allowance of $63 and $— at June 30, 2023 and December 31, 2022 | 22,525 | 10,877 |
| Short-term investments | 132,342 | 150,740 |
| Prepaid expenses and other current assets | 14,710 | 12,086 |
| Total current assets | 208,970 | 218,126 |
| Non-current assets: | ||
| Property and equipment, net | 2,909 | 2,037 |
| Investment in joint venture | 390 | 390 |
| Intangible assets, net | 43,933 | 46,365 |
| Goodwill | 39,797 | 39,445 |
| Operating right-of-use asset | 23,186 | 17,692 |
| Other non-current assets | 998 | 970 |
| Total assets | 320,183 | 325,025 |
| Current liabilities: | ||
| Accounts payable and accrued expenses | 14,879 | 16,536 |
| Deferred revenue | 10,014 | 6,709 |
| Operating lease liability, current | 4,380 | 3,362 |
| Total current liabilities | 29,273 | 26,607 |
| Non-current liabilities: | ||
| Warrant liability | 8,979 | 7,083 |
| Operating lease liability, long-term | 19,833 | 14,970 |
| Deferred tax liability | 1,334 | 1,876 |
| Total liabilities | 59,419 | 50,536 |
| Commitments and Contingencies (Note 8) | ||
| Stockholders' Equity | ||
| Preferred stock, $0.0001 par value, 2,000,000 shares authorized at June 30, 2023 and December 31, 2022. No shares issued and outstanding at June 30, 2023 and December 31, 2022. | 0 | 0 |
| Common stock, $0.0001 par value; 400,000,000 authorized; 73,169,003 and 71,660,617 shares issued at June 30, 2023 and December 31, 2022, respectively. | 7 | 7 |
| Additional paid in capital | 383,629 | 375,873 |
| Accumulated other comprehensive income | 3,230 | 2,287 |
| Accumulated deficit | (126,102) | (103,678) |
| Total stockholders' equity | 260,764 | 274,489 |
| Total Liabilities and Stockholders' Equity | $ 320,183 | $ 325,025 |
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.