Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Blade Air Mobility, Inc. Stock Research

BLDE

2.61USD-0.06(-2.25%)Market Closed
Watchlist

Market Summary

USD2.61-0.06
Market Closed
-2.25%

BLDE Stock Price

BLDE RSI Chart

BLDE Valuation

Market Cap

191.0M

Price/Earnings (Trailing)

-3.24

Price/Sales (Trailing)

1

EV/EBITDA

-4.42

Price/Free Cashflow

-4.55

BLDE Price/Sales (Trailing)

BLDE Profitability

Operating Margin

16.09%

EBT Margin

-28.99%

Return on Equity

-14.17%

Return on Assets

-11.87%

Free Cashflow Yield

-21.99%

BLDE Fundamentals

BLDE Revenue

Revenue (TTM)

190.1M

Revenue Y/Y

71.16%

Revenue Q/Q

34.72%

BLDE Earnings

Earnings (TTM)

-58.9M

Earnings Y/Y

-245.41%

Earnings Q/Q

-20.02%

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

Current Ratio

9.01

BLDE Investor Care

Shares Dilution (1Y)

2.98%

Diluted EPS (TTM)

-0.65

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for BLDE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold BLDE recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 44

Latest Funds Activity

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

Schedule 13G FIlings of Blade Air Mobility

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

InvestorPlace
Betting Big: 3 Tech Stocks Primed for a Breakout.
InvestorPlace,
4 days ago
Marketscreener.com
Seeking Alpha
InvestorPlace
The Coin Republic

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/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q3
Revenue15.4%190,117,000164,761,000146,120,000132,603,000107,197,00084,515,00067,158,00050,526,000--------
Operating Expenses---------21,374,9145,566,914678,4876,081,6405,964,0051,400,0071,809,750172,212
  S&GA Expenses12.7%9,650,0008,560,0007,749,0006,674,0006,049,0005,026,0003,813,0002,868,0001,886,0001,600,0001,350,6672,533,0001,316,000--5,013,000
EBITDA100.0%--36,404,000-18,873,000-10,412,000-2,360,0441,081,044-42,639,000--2,807,662-1,002,5443,730,6164,391,2895,527,2596,255,1081,671,908
EBITDA Margin100.0%--0.22-0.13-0.08-0.030.01-0.84--------
Interest Expenses31.7%6,746,0005,124,0003,434,0002,182,0001,318,0001,003,000743,000460,000169,000180,000234,667199,000604,000--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--3,576,3293,353,7898,130,6168,381,62211,185,5925,080,108496,908
EBT Margin100.0%--0.29-0.19-0.13--0.01-0.01-0.86--------
Net Income-53.9%-58,929,000-38,285,000-39,105,000-11,073,000-11,012,000-43,710,000-36,919,000-40,052,000-30,968,155-8,007,1551,910,9166,808,5556,703,51310,704,6844,662,884-820,788
Net Income Margin100.0%--0.23-0.27-0.08-0.10-0.52-0.44-0.79--------
Free Cashflow100.0%--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)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q3
Assets-0.7%320322325327324327336343346279278278278278278277
  Current Assets-0.1%2092092182252782852953143431.001.0014.001.001.001.00-
    Cash Equivalents-10.5%37.0042.0043.008.001872.003.007.0030.008.0010.0012.0013.001.001.0022.00
  Net PPE19.0%3.002.002.002.002.002.002.002.002.00--2.00----
  Goodwill-0.2%40.0040.0039.0032.0013.0013.0013.0013.00--------
Liabilities13.8%59.0052.0051.0044.0032.0045.0045.0052.0049.0049.0047.007.0010.0010.0026.0010.00
  Current Liabilities26.1%29.0023.0027.0020.0019.0016.0013.0010.0011.002.000.006.000.000.000.000.00
Shareholder's Equity-3.5%2612702742832922812912912978.0010.0011.0012.0013.005.0021.00
  Retained Earnings-10.7%-126-113-103-88.26-79.02-87.43-76.42-77.19-68.01-19.27-18.19-37.146.008.002.00-0.21
  Additional Paid-In Capital0.7%38438137637337237136936936524.0023.0048.00-0.52-3.033.005.00
Shares Outstanding1.6%73.0072.00-71.0071.0071.0070.0069.0052.0026.0025.008.0025.008.008.006.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q3
Cashflow From Operations7.8%-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 Compensation10.1%10.009.008.009.0011.0011.0011.0010.006.005.003.000.000.00--0.00
Cashflow From Investing-227.9%-10885.0079.0084.00195-305-316-321-303-0.78-1.06-0.38-550--550-1,100
Cashflow From Financing82.3%-0.20-1.13-1.08-4.04-3.71332331332332-4.19-2.781.00553-5531,107

BLDE Income Statement

2023-06-30
Unaudited Interim Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended6 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 revenue50,62030,52288,72754,229
Software development1,4401,0622,5631,897
General and administrative18,41012,14434,66726,122
Selling and marketing2,7281,6385,3393,438
Total operating expenses73,19845,366131,29685,686
Loss from operations(12,209)(9,733)(25,036)(23,423)
Other non-operating (expense) income    
Interest income, net2,0774554,031719
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)18,1452,04020,823
(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)73,169,00371,051,52372,584,13870,913,597
Diluted (in shares)73,169,00378,497,35672,584,13870,913,597

BLDE Balance Sheet

2023-06-30
Unaudited 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 cash2,0451,127
Accounts receivable, net of allowance of $63 and $— at June 30, 2023 and December 31, 202222,52510,877
Short-term investments132,342150,740
Prepaid expenses and other current assets14,71012,086
Total current assets208,970218,126
Non-current assets:  
Property and equipment, net2,9092,037
Investment in joint venture390390
Intangible assets, net43,93346,365
Goodwill39,79739,445
Operating right-of-use asset23,18617,692
Other non-current assets998970
Total assets320,183325,025
Current liabilities:  
Accounts payable and accrued expenses14,87916,536
Deferred revenue10,0146,709
Operating lease liability, current4,3803,362
Total current liabilities29,27326,607
Non-current liabilities:  
Warrant liability8,9797,083
Operating lease liability, long-term19,83314,970
Deferred tax liability1,3341,876
Total liabilities59,41950,536
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, 2022.00
Common stock, $0.0001 par value; 400,000,000 authorized; 73,169,003 and 71,660,617 shares issued at June 30, 2023 and December 31, 2022, respectively.77
Additional paid in capital383,629375,873
Accumulated other comprehensive income3,2302,287
Accumulated deficit(126,102)(103,678)
Total stockholders' equity260,764274,489
Total Liabilities and Stockholders' Equity$ 320,183$ 325,025
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.