Industrials -
Airlines, Airports & Air Services - NASDAQ - US
$ 2.62
2.34 %
$ 209 M
Market Cap
-7.49
P/E
1. INTRINSIC VALUE
Balance Sheet
Blade Air Mobility, Inc.
| Current Assets | 206 M |
| Cash & Short-Term Investments | 166 M |
| Receivables | 21 M |
| Other Current Assets | 19.1 M |
| Non-Current Assets | 88.7 M |
| Long-Term Investments | 0 |
| PP&E | 26.4 M |
| Other Non-Current Assets | 62.3 M |
| Current Liabilities | 35.5 M |
| Accounts Payable | 0 |
| Short-Term Debt | 4.79 M |
| Other Current Liabilities | 30.7 M |
| Non-Current Liabilities | 25.1 M |
| Long-Term Debt | 19.7 M |
| Other Non-Current Liabilities | 5.41 M |
EFFICIENCY
Earnings Waterfall
Blade Air Mobility, Inc.
| Revenue | 225 M |
| Cost Of Revenue | 183 M |
| Gross Profit | 42.1 M |
| Operating Expenses | 110 M |
| Operating Income | -68.1 M |
| Other Expenses | -12 M |
| Net Income | -56.1 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Blade Air Mobility, Inc.
| Net Income | -56.1 M |
| Depreciation & Amortization | 7.11 M |
| Capital Expenditures | -2.11 M |
| Stock-Based Compensation | 12.5 M |
| Change in Working Capital | -6.74 M |
| Others | 15.8 M |
| Free Cash Flow | -34.5 M |
Wall Street Analysts Price Targets
Blade Air Mobility, Inc.
BLDE has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
BLDE does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Blade Air Mobility, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
8.75 M USD 6
6-9 MONTHS
36 K USD 2
9-12 MONTHS
33.6 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
38.2 K USD 2
9-12 MONTHS
7. News
Blade Air Mobility: Margin Improvements Are Indicative Of A Brighter Future
Blade's Q4 2024 results were solid, with strong underlying Passenger growth and improving margins. Medical revenue fell short of expectations, though. The stock continues to struggle, though, due to headwinds from Blade's Canada exit, weak 2025 guidance and macro uncertainty. Blade's valuation is low, particularly given its growth prospects and a likely transition to positive free cash flows in 2026.
seekingalpha.com
- 1 month ago
Blade Air Mobility, Inc. (BLDE) Reports Q4 Loss, Tops Revenue Estimates
Blade Air Mobility, Inc. (BLDE) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.23 per share a year ago.
zacks.com
- 1 month ago
Blade Air Mobility, Inc. (BLDE) Q4 2024 Earnings Call Transcript
Blade Air Mobility, Inc. (NASDAQ:BLDE ) Q4 2024 Earnings Conference Call March 13, 2025 8:00 AM ET Company Participants Matthew Schneider - Vice President, Investor Relations and Strategic Finance Robert Wiesenthal - Chief Executive Officer William Heyburn - Chief Financial Officer Conference Call Participants Jason Helfstein - Oppenheimer Edison Yu - Deutsche Bank Bill Peterson - JPMorgan Ben Klieve - Lake Street Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Blade Air Mobility Fiscal Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 1 month ago
Blade Air Mobility Announces Fourth Quarter 2024 Results
Full-year net loss improved by $28.8 million versus the prior year to $(27.3) million in FY 2024; Adjusted EBITDA improved by $17.8 million versus the prior year to $1.2 million in FY 2024 (1) Full-year Passenger Segment Adjusted EBITDA of $3.6 million in 2024 represents an $8.6 million increase versus the prior year Q4 revenue increased 14.5% versus the prior year to $54.4 million in 2024. Excluding Canada, which we exited in August 2024, revenue increase d 22.1% ver sus the prior year period (1) Net loss improved by $24.1 million versus the prior year to $(9.8) million in Q4 2024; Adjusted EBITDA improved by $4.9 million versus the prior year to $(0.4) million in Q4 2024 (1) Medical Segment Adjusted EBITDA improved 119.6% to $5.5 million in Q4 2024 versus the prior year Reaffirming guidance for double-digit millions of Adjusted EBITDA in 2025 (2) NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company"), today announced financial results for the fourth quarter ended December 31, 2024.
globenewswire.com
- 1 month ago
Blade Air Mobility to Partner with Skyports Infrastructure to offer flights Between Downtown Manhattan and JFK Airport
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade”), a technology-powered global air mobility platform, and Skyports Infrastructure (“Skyports”), a leading provider of ground infrastructure for advanced air mobility, announced an alliance today to launch a pilot program that will expand Blade's existing by-the-seat helicopter transfer service, connecting the Downtown Manhattan Heliport and John F. Kennedy International Airport (“JFK”).
globenewswire.com
- 1 month ago
Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal Fourth Quarter 2024 Financial Results
NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), today announced the opening of the shareholder Q&A platform to be used for its upcoming conference call to discuss the financial results for the fourth quarter and fiscal year ended December 31, 2024. Blade will conduct the call at 8:00am ET on Thursday, March 13, 2025.
globenewswire.com
- 1 month ago
Will Blade Air Mobility, Inc. (BLDE) Report Negative Earnings Next Week? What You Should Know
Blade Air Mobility (BLDE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
Blade Air Mobility to Present at the 2025 J.P. Morgan Industrials Conference
NEW YORK, March 05, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Rob Wiesenthal, Chief Executive Officer, will present at the 2025 J.P. Morgan Industrials Conference on Thursday, March 13, 2025 at 9:45 am ET. A webcast of the event will be available at the link here . A replay will be available shortly after the conclusion of the presentation on the investor relations section of the company's website at https://ir.blade.com/news-events .
globenewswire.com
- 1 month ago
Blade Air Mobility Announces Date for Fourth Quarter and Calendar Year Ending December 31, 2024 Earnings Release Conference Call
NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the fourth quarter and calendar year ended December 31, 2024 on Thursday, March 13, 2025 before the market opens. The company will hold a conference call the same day at 8:00 am Eastern Time to discuss the results. The call will be hosted by Rob Wiesenthal, Blade's Chief Executive Officer, and Will Heyburn, Blade's Chief Financial Officer, and will include a question-and-answer session for call participants.
globenewswire.com
- 1 month ago
This penny stock is a hidden opportunity
Although penny stocks are known for their high volatility, some in this category are supported by strong fundamentals that could drive significant future growth.
finbold.com
- 2 months ago
Blade Air Mobility to Present at the 27th Annual Needham Growth Conference
NEW YORK, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered air mobility platform, today announced that Will Heyburn, Chief Financial Officer, will present at the 27th Annual Needham Growth Conference on Tuesday, January 14, 2025 at 11:45 am ET. A webcast of the event will be available at the link here. A replay will be available shortly after the conclusion of the presentation on the investor relations section of the company's website at https://ir.blade.com/news-events.
globenewswire.com
- 3 months ago
Blade Air Mobility: Their 'Accidental' Move Into Organ Transportation Represents The Biggest Opportunity
Blade Air Mobility is shifting focus from passenger services to organ transportation, showing strong growth and profitability prospects in the medical segment. The company has achieved its first pretax profit, driven by strategic decisions to divest unprofitable routes and invest in aircraft ownership for medical services. Blade's medical segment, MediMobility, now represents 59% of revenue, benefiting from industry tailwinds and less competition, ensuring consistent and non-cyclical growth.
seekingalpha.com
- 4 months ago
8. Profile
Summary
Blade Air Mobility, Inc. BLDE
COUNTRY
US
INDUSTRY
Airlines, Airports & Air Services
MARKET CAP
$ 209 M
Dividend Yield
0.00%
Description
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.
Contact
499 East 34th Street, New York, NY, 10016
https://www.blade.com
IPO
Date
Nov. 5, 2019
Employees
310
Officers
Mr. William A. Heyburn
Chief Financial Officer & Head of Corporate Development
Mr. Robert S. Wiesenthal
Chief Executive Officer & Director
Ms. Melissa M. Tomkiel J.D.
President, General Counsel & Corporate Secretary
Mr. Amir M. Cohen
Chief Accounting Officer
Mr. Mathew Schneider
Vice President of Investor Relations & Strategic Finance
Mr. Scott Wunsch
Chief Executive Officer of Trinity