Last 7 days
-15.3%
Last 30 days
-15.7%
Last 90 days
-10.6%
Trailing 12 Months
-44.1%
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Revenue | 23.7% | 132,603,000 | 107,197,000 | 84,515,000 | 67,158,000 | 50,526,000 |
S&GA Expenses | 10.1% | 6,831,000 | 6,206,000 | 5,183,000 | 3,970,000 | 2,868,000 |
EBITDA | -541.2% | -10,412,000 | 2,360,044 | 1,081,044 | - | - |
EBITDA Margin | -381.2% | -0.08 | 0.03 | 0.01 | - | - |
Earnings Before Taxes | 3.4% | -17,052,000 | -17,659,970 | -21,691,970 | - | - |
EBT Margin | -1200.1% | -0.13 | -0.01 | -0.01 | - | - |
Interest Expenses | 65.6% | 2,182,000 | 1,318,000 | 1,003,000 | 743,000 | 460,000 |
Net Income | -0.6% | -11,073,000 | -11,012,000 | -43,710,000 | -36,919,000 | -40,052,000 |
Net Income Margin | 18.7% | -0.08 | -0.10 | -0.52 | -0.44 | - |
Free Cahsflow | -1.7% | -34,985,000 | -34,399,000 | -31,961,000 | -22,117,000 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Assets | 0.8% | 327 | 324 | 327 | 336 | 343 |
Current Assets | -19.0% | 225 | 278 | 285 | 295 | 314 |
Cash Equivalents | -72.2% | 52.00 | 187 | 2.00 | 3.00 | 7.00 |
Net PPE | -3.6% | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Goodwill | 139.0% | 32.00 | 13.00 | 13.00 | 13.00 | 13.00 |
Liabilities | 37.8% | 44.00 | 32.00 | 45.00 | 45.00 | 52.00 |
Current Liabilities | 9.3% | 20.00 | 19.00 | 16.00 | 13.00 | 10.00 |
Shareholder's Equity | -3.3% | 283 | 292 | 281 | 291 | 291 |
Retained Earnings | -11.7% | -88.26 | -79.02 | -87.43 | -76.42 | -77.19 |
Additional Paid-In Capital | 0.4% | 373 | 372 | 371 | 369 | 369 |
Accumulated Depreciation | 9.4% | 2.00 | 2.00 | 1.00 | - | - |
Shares Outstanding | 0.6% | 71.00 | 71.00 | 71.00 | 70.00 | 69.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Cashflow From Operations | -1.7% | -34.04 | -33.48 | -31.09 | -21.63 | -15.62 |
Share Based Compensation | -20.7% | 9.00 | 11.00 | 11.00 | 11.00 | 10.00 |
Cashflow From Investing | -57.1% | 84.00 | 195 | -305 | -316 | -321 |
Cashflow From Financing | -9.0% | -4.04 | -3.71 | 332 | 331 | 332 |
63.9%
63.3%
61.5%
Y-axis is the maximum loss one would have experienced if Blade Air Mobility was unfortunately bought at previous high price.
-24.9%
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-06 | OLD MISSION CAPITAL LLC | new | - | 5,263 | 5,263 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | unchanged | - | - | 1,000 | -% |
2023-02-28 | Voya Investment Management LLC | unchanged | - | -9,917 | 75,083 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | unchanged | - | -2,496 | 19,504 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | new | - | 1,951 | 1,951 | -% |
2023-02-21 | B. Riley Wealth Advisors, Inc. | reduced | -37.04 | -39,312 | 48,688 | -% |
2023-02-15 | Metropolitan Life Insurance Co/NY | unchanged | - | -1,561 | 13,439 | -% |
2023-02-15 | UNITED CAPITAL FINANCIAL ADVISERS, LLC | reduced | -32.18 | -50,032 | 75,968 | -% |
2023-02-15 | Cerity Partners LLC | reduced | -0.18 | -4,200 | 35,800 | -% |
2023-02-15 | MetLife Investment Management, LLC | unchanged | - | -14,208 | 115,792 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | sumitomo mitsui trust holdings, inc. | 6.75% | 4,841,415 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 5.2% | 3,701,629 | SC 13G | |
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 | ark investment management llc | 11.26% | 7,941,557 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 04, 2022 | sumitomo mitsui trust holdings, inc. | 6.14% | 4,332,774 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 14, 2023 | 8-K | Current Report | |
Mar 01, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 8-K | Current Report | |
Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
Feb 13, 2023 | 8-K | Current Report | |
Feb 10, 2023 | SC 13G/A | Major Ownership Report | |
Feb 10, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
Feb 03, 2023 | SC 13G | Major Ownership Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-02-28 | Tomkiel Melissa M. | acquired | 10,516 | 0.18 | 58,423 | president and general counsel |
2023-02-01 | Heyburn William A. | acquired | 8,901 | 0.18 | 49,451 | chief financial officer |
2023-01-09 | Heyburn William A. | sold | -14,959 | 3.474 | -4,306 | chief financial officer |
2023-01-09 | Cohen Amir | sold | -9,539 | 3.474 | -2,746 | chief accounting officer |
2023-01-09 | Tomkiel Melissa M. | sold | -17,852 | 3.474 | -5,139 | president and general counsel |
2023-01-09 | WIESENTHAL ROBERT S | sold | -37,776 | 3.474 | -10,874 | chief executive officer |
2023-01-04 | Heyburn William A. | acquired | 10,122 | 0.18 | 56,238 | chief financial officer |
2023-01-04 | Tomkiel Melissa M. | acquired | 3,004 | 0.18 | 16,693 | president and general counsel |
2022-12-14 | Cohen Amir | sold | -36,231 | 4.55 | -7,963 | chief accounting officer |
2022-11-18 | Keene Brandon A. | sold | -139,504 | 4.79345 | -29,103 | chief innovation officer |
Unaudited Interim Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | 9 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] | 36,456 | 15,855 | 90,685 | 33,628 | |
Software development | [1] | 2,026 | 844 | 3,923 | 1,456 | |
General and administrative | [1] | 15,812 | 12,115 | 41,934 | 26,748 | |
Selling and marketing | [1] | 1,856 | 1,231 | 5,294 | 2,433 | |
Total operating expenses | 56,150 | 30,045 | 141,836 | 64,265 | ||
Loss from operations | (10,428) | (9,729) | (33,851) | (21,725) | ||
Other non-operating income (expense) | ||||||
Change in fair value of warrant liabilities | 425 | (3,418) | 22,241 | (18,331) | ||
Realized loss from sales of short-term investments | (359) | 0 | (2,071) | 0 | ||
Recapitalization costs attributable to warrant liabilities | 0 | 11 | 0 | (1,731) | ||
Interest income, net | 1,173 | 309 | 1,892 | 453 | ||
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) | 71,466,085 | 69,011,623 | 71,099,764 | 48,814,039 | ||
Diluted (in shares) | 71,466,085 | 69,011,623 | 71,099,764 | 48,814,039 | ||
|
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 cash | 1,139 | 630 |
Accounts receivable | 11,271 | 5,548 |
Short-term investments | 150,378 | 279,374 |
Prepaid expenses and other current assets | 10,773 | 6,798 |
Total current assets | 225,406 | 294,945 |
Non-current assets: | ||
Property and equipment, net | 2,220 | 2,045 |
Investment in joint venture | 390 | 200 |
Intangible assets, net | 48,533 | 24,421 |
Goodwill | 31,852 | 13,328 |
Operating right-of-use asset | 16,944 | 713 |
Other non-current assets | 1,312 | 232 |
Total assets | 326,657 | 335,884 |
Current liabilities: | ||
Accounts payable and accrued expenses | 11,562 | 6,369 |
Deferred revenue | 6,036 | 5,976 |
Operating lease liability, current | 2,627 | 438 |
Total current liabilities | 20,225 | 12,783 |
Non-current liabilities: | ||
Warrant liability | 9,067 | 31,308 |
Operating lease liability, long-term | 14,516 | 278 |
Deferred tax liability | 144 | 144 |
Total liabilities | 43,952 | 44,513 |
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. | 0 | 0 |
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. | 7 | 7 |
Additional paid in capital | 373,223 | 368,680 |
Accumulated other comprehensive loss | (2,262) | (898) |
Accumulated deficit | (88,263) | (76,418) |
Total stockholders' equity | 282,705 | 291,371 |
Total Liabilities and Stockholders' Equity | $ 326,657 | $ 335,884 |