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BLDE

4.65USD-0.18(-3.73%)Market Closed

Blade Air Mobility, Inc.

Market Summary

USD4.65-0.18Market Closed
-3.73%

BLDE Alerts

BLDE Stock Price

RSI Chart

Valuation

Market Cap

308.6M

Price/Earnings

-28.02

Price/Sales

2.88

Price/Cashflow

-9.22

MarketCap/EBT

-325.56

Price/Sales

Profitability

Operating Margin

6.88%

EBT Margin

-0.78%

Return on Equity

-3.77%

Return on Assets

-3.4%

Fundamentals

Revenue

Revenue (TTM)

132.6M

Revenue Y/Y

125.05%

Revenue Q/Q

28.31%

Earnings

Earnings (TTM)

-11.1M

Earnings Y/Y

-0.66%

Earnings Q/Q

-209.9%

Price Action

52 Week Range

9.90
(Low)(High)

Last 7 days

-1.3%

Last 30 days

7.6%

Last 90 days

-11.4%

Trailing 12 Months

-45.7%

Financial Health

Current Ratio

15.03

Investor Care

Shares Dilution (1Y)

2.89%

Diluted EPS (TTM)

-0.18

Financials for Blade Air Mobility

Income Statement (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue23.7%132,603107,19784,51577,18055,004
  S&GA Expenses10.1%6,8316,2065,3584,1453,043
Earnings Before Taxes98.1%-835.96-43,695.00
Net Income-0.6%-11,073.00-11,012.00-43,710.00-33,778.98-36,911.98
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.8%327324327336343
  Current Assets-19.0%225278285295314
    Cash Equivalents-72.2%52187237
  Net PPE-3.6%22222
  Goodwill139.0%3213131313
Liabilities37.8%4432454552
  Current Liabilities9.3%2019161310
Shareholder's Equity-3.3%283292281291291
  Retained Earnings-11.7%-88.26-79.02-87.43-76.42-77.19
  Additional Paid-In Capital0.4%373372371369369
Accumulated Depreciation9.4%221--
Shares Outstanding0.4%717170--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-1.7%-34.04-33.48-31.09-21.63-15.62
  Share Based Compensation-20.7%911111110
Cashflow From Investing-57.1%84195-305.12-316.17-321.34
Cashflow From Financing-9.0%-4.04-3.71332331332

Risks

What is the probability of a big loss on BLDE?

60.1%


Probability that Blade Air Mobility stock will be more than 20% underwater in next one year

59.5%


Probability that Blade Air Mobility stock will be more than 30% underwater in next one year.

57.5%


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.

Returns

Cumulative Returns on BLDE

-22.7%


3-Year Cumulative Returns

Which funds bought or sold BLDE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
B. Riley Wealth Advisors, Inc.
NEW
-
88,000
88,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-31,000
237,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-10,000
-
-%
2022-11-15
JANE STREET GROUP, LLC
NEW
-
53,000
53,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
STATE STREET CORP
REDUCED
-33.08
-3,226,000
4,933,000
-%
2022-11-15
Balyasny Asset Management LLC
NEW
-
57,000
57,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-14
LMR Partners LLP
ADDED
20.53
218,000
2,674,000
0.05%
2022-11-14
Quinn Opportunity Partners LLC
REDUCED
-11.57
-173,000
688,000
0.08%

1–10 of 43

Latest Funds Activity

Are funds buying BLDE calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own BLDE

Blade Air Mobility News

GuruFocus.com

Blade Air Mobility to Present.6 days ago

GuruFocus.com

BLDE Fair Value

Recent SEC filings of Blade Air Mobility

View All Filings
Date Filed Form Type Document
Nov 21, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 10, 2022
10-Q
Quarterly Report
Nov 09, 2022
8-K
Current Report
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading

Latest Insider Trading transactions for BLDE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-18
Keene Brandon A.
SOLD
-139,504
4.79345
-29,103
Chief Innovation Officer
2022-11-09
WIESENTHAL ROBERT S
ACQUIRED
-
-
2,365,030
Chief Executive Officer
2022-11-09
Arkhipenko Anatoli
ACQUIRED
-
-
68,737
Chief Technology Officer
2022-11-09
Cohen Amir
ACQUIRED
-
-
87,316
Chief Accounting Officer
2022-11-08
Heyburn William A.
ACQUIRED
-
-
916,323
Chief Financial Officer
2022-11-08
Tomkiel Melissa M.
ACQUIRED
-
-
931,791
President and General Counsel
2022-10-06
Keene Brandon A.
SOLD
-5,094.28
3.9706
-1,283
Chief Innovation Officer
2022-10-06
Heyburn William A.
SOLD
-14,865.9
3.9706
-3,744
Chief Financial Officer
2022-10-06
Tomkiel Melissa M.
SOLD
-17,335.2
3.9705
-4,366
President and General Counsel
2022-10-06
WIESENTHAL ROBERT S
SOLD
-37,540.9
3.9709
-9,454
Chief Executive Officer

1–10 of 50

Robert S. Wiesenthal
130
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.

BLDE Income Statement

2022-09-30
Unaudited Interim Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 45,722$ 20,316$ 107,985$ 42,540
Operating expenses    
Cost of revenue[1]36,45615,85590,68533,628
Software development[1]2,0268443,9231,456
General and administrative[1]15,81212,11541,93426,748
Selling and marketing[1]1,8561,2315,2942,433
Total operating expenses56,15030,045141,83664,265
Loss from operations(10,428)(9,729)(33,851)(21,725)
Other non-operating income (expense)    
Change in fair value of warrant liabilities425(3,418)22,241(18,331)
Realized loss from sales of short-term investments(359)0(2,071)0
Recapitalization costs attributable to warrant liabilities0110(1,731)
Interest income, net1,1733091,892453
Total other non-operating income (expense)1,239(3,098)22,062(19,609)
Loss before income taxes(9,189)(12,827)(11,789)(41,334)
Income tax expense (benefit)56(3,643)56(3,643)
Net loss$ (9,245)$ (9,184)$ (11,845)$ (37,691)
Net loss per share (Note 8):    
Basic (in dollars per share)$ (0.13)$ (0.13)$ (0.17)$ (0.77)
Diluted (in dollars per share)$ (0.13)$ (0.13)$ (0.17)$ (0.77)
Weighted-average shares used to compute net loss per share:    
Basic (in shares)71,466,08569,011,62371,099,76448,814,039
Diluted (in shares)71,466,08569,011,62371,099,76448,814,039
[1]Prior period amounts have been updated to conform to current period presentation.

BLDE Balance Sheet

2022-09-30
Unaudited Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 51,845$ 2,595
Restricted cash1,139630
Accounts receivable11,2715,548
Short-term investments150,378279,374
Prepaid expenses and other current assets10,7736,798
Total current assets225,406294,945
Non-current assets:  
Property and equipment, net2,2202,045
Investment in joint venture390200
Intangible assets, net48,53324,421
Goodwill31,85213,328
Operating right-of-use asset16,944713
Other non-current assets1,312232
Total assets326,657335,884
Current liabilities:  
Accounts payable and accrued expenses11,5626,369
Deferred revenue6,0365,976
Operating lease liability, current2,627438
Total current liabilities20,22512,783
Non-current liabilities:  
Warrant liability9,06731,308
Operating lease liability, long-term14,516278
Deferred tax liability144144
Total liabilities43,95244,513
Commitments and Contingencies (Note 9)
Stockholders' Equity  
Preferred stock, $0.0001 par value, 2,000,000 shares authorized at September 30, 2022 and December 31, 2021. No shares issued and outstanding at September 30, 2022 and December 31, 2021.00
Common stock, $0.0001 par value; 400,000,000 authorized; 71,506,665 and 70,667,381 shares issued at September 30, 2022 and December 31, 2021, respectively.77
Additional paid in capital373,223368,680
Accumulated other comprehensive loss(2,262)(898)
Accumulated deficit(88,263)(76,418)
Total stockholders' equity282,705291,371
Total Liabilities and Stockholders' Equity$ 326,657$ 335,884