Wheels Up Experience 과거 순이익 실적
과거 기준 점검 0/6
Wheels Up Experience 의 수입은 연평균 -15.1%의 비율로 감소해 온 반면, Airlines 산업은 연평균 43.9%의 비율로 증가했습니다. 매출은 연평균 5.6%의 비율로 감소해 왔습니다.
핵심 정보
-15.11%
순이익 성장률
23.30%
주당순이익(EPS) 성장률
| Airlines 산업 성장률 | 0.092% |
| 매출 성장률 | -5.64% |
| 자기자본이익률 | n/a |
| 순이익률 | -39.95% |
| 다음 순이익 업데이트 | 11 May 2026 |
최근 과거 실적 업데이트
Recent updates
분석 기사 • Feb 12
Wheels Up Experience Inc. (NYSE:UP) May Have Run Too Fast Too Soon With Recent 35% Price Plummet
To the annoyance of some shareholders, Wheels Up Experience Inc. ( NYSE:UP ) shares are down a considerable 35% in the...분석 기사 • Dec 17
Some Wheels Up Experience Inc. (NYSE:UP) Shareholders Look For Exit As Shares Take 36% Pounding
Unfortunately for some shareholders, the Wheels Up Experience Inc. ( NYSE:UP ) share price has dived 36% in the last...분석 기사 • Oct 18
Wheels Up Experience Inc.'s (NYSE:UP) 30% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
The Wheels Up Experience Inc. ( NYSE:UP ) share price has softened a substantial 30% over the previous 30 days, handing...Seeking Alpha • Sep 05
Wheels Up: Rebound Potential With New Memberships Unveiled
Summary Current market conditions favor shifting into undervalued small- and mid-cap stocks like Wheels Up, trading valuation risk for fundamental upside. Wheels Up has outperformed the S&P 500 and is rebounding strongly, supported by a new membership plan and a Delta partnership. The new Signature Membership modernizes the customer experience and encourages larger deposits, boosting liquidity and simplifying growth. Improved fleet utilization and stabilizing bookings signal a positive turnaround, justifying my reiterated "Buy" rating on Wheels Up. Read the full article on Seeking Alpha분석 기사 • Aug 17
There's Reason For Concern Over Wheels Up Experience Inc.'s (NYSE:UP) Price
NYSE:UP 1 Year Share Price vs Fair Value Explore Wheels Up Experience's Fair Values from the Community and select yours...Seeking Alpha • Mar 17
Wheels Up: Encouraging Signs Of A Turnaround, But Potential Recession On The Horizon
Summary Wheels Up's turnaround shows progress with reduced adj. EBITDA losses, but the company still operates at a loss and faces cash runway concerns. Management's fleet renewal plan aims to boost demand but involves significant capital investments, risking further stock dilution and financial strain. Despite a 60% stock decline, Wheels Up's valuation remains high compared to peers, making it an unattractive investment. With potential economic recession risks, I continue to recommend investors avoid UP. Read the full article on Seeking AlphaSeeking Alpha • Nov 22
Wheels Up: Be Patient, But A Turnaround Is In The Works
Summary Shares of Wheels Up have begun a modest rebound after the company’s Q3 earnings release. Importantly, Wheels Up announced a $332 million financing package from Bank of America and guaranteed by Delta to purchase new aircraft. Standardizing Wheels Up’s fleet with newer aircraft is expected to boost flight operations and maintenance costs, a key lever in the company’s plan to hit adjusted EBITDA profitability by 2025. Risks to the bull thesis include Wheels Up’s reliance on outside financing for its plans, plus the unpredictability of corporate jet demand. Read the full article on Seeking AlphaSeeking Alpha • Aug 12
Wheels Up Experience: High Risk, High Reward; Catalysts Are In Place For Rebound (Rating Upgrade)
Summary Shares of Wheels Up erased recent gains after reporting Q2 results. The company has simplified its customer offering, while also adding new flier perks with Delta that may help to turn around membership trends. Margins have improved and losses are slimming as the company focuses its flight routes on a more profitable core, which better utilizes its maintenance and repair facilities. Upgrading Wheels Up stock to a buy, especially as the company is looking ahead to adjusted EBITDA profitability later this year. Read the full article on Seeking AlphaSeeking Alpha • May 29
Wheels Up Experience: Can We Trust This Turnaround Plan?
Summary Wheels Up has struggled with slowing demand and a loss of billions in market cap over the past few years. The company has brought on new management, a new consortium of investors led by Delta, and a plan to sell more prepaid blocks to corporate customers. Still, revenue is currently declining double-digits while contribution margins are also declining. The company trades at a small $2 billion market cap, a fraction of its former worth, and a reflection of the market's lack of confidence. Wheels Up remains a "show me" story: I'm neutral and staying on the sidelines for now. Read the full article on Seeking AlphaSeeking Alpha • Jan 09
Wheels Up Stock: Still Highly Speculative
Summary Wheels Up stock has more than doubled since my last article, but is still down 96% in the last 3 years. Recent developments include new capital injection and positive forward guidance, but actual results show a decline in flight revenues and memberships. The company's cash flows continue to look bad, and profitability remains uncertain. UP stock is considered risky and speculative. Read the full article on Seeking AlphaSeeking Alpha • Oct 31
Wheels Up: Time Might Be Running Up For This Company
Summary Wheels Up Experience is a private aviation company in the US that is facing financial struggles. The company's main business is selling on-demand flight services to its 12,000 members, with additional side businesses. Despite growing revenues, the company has been unable to turn a profit and is running out of cash. The company already ran out of the original funds it raised. Major dilution is coming, and this could still be a band-aid solution until the company can actually turn a profit (if ever). Time and money are running out for the company, and it needs to get its business in order quickly. Read the full article on Seeking AlphaSeeking Alpha • Aug 15
Wheels Up Experience Avoids Bankruptcy At The Price Of Massive Dilution: Sell
Summary Ailing private aviation services provider Wheels Up Experience avoids bankruptcy at the price of massive dilution for existing equity holders. Strategic partners Delta Air Lines, Certares Management, and Knighthead Capital to provide an aggregate $500 million in new credit facilities. On a fully-diluted basis, the proposed transaction has caused enterprise value to jump by more than 400% from Monday's close to approximately $1.5 billion despite ongoing deterioration in the business. Even with the support from the company's new strategic partners, it will likely take some time for prevailing business trends to reverse. Given deteriorating business trends, valuation concerns and the upcoming massive dilution for existing shareholders, investors should consider selling existing positions and moving on. Read the full article on Seeking AlphaSeeking Alpha • Jul 12
Wheels Up Experience: Targeting Non-Existent Customers
Summary I have been tracking Wheels Up and noted a near-70% decline in the company's value in a short time. Investors who held their shares since the last bullish article on Wheels Up have lost 94.17% of their original investment. I emphasize the importance of focusing on profit, valuation, and basic fundamentals, not just top-line revenues, and consider this company to be a zero. Read the full article on Seeking AlphaSeeking Alpha • Feb 15
Flying 'Wheels Up' - Not A Good Idea
Summary A reader of mine is in a fortunate position - he has a membership in Wheels up, which enables private aviation without having to own a plane. She asked me to take a look at the company from an investment point of view, because she's considering investing in the business. I'm happy to do so. This is my result of looking into the company, and my base thesis on UP - I look forward to your comments and opinions on this one. Dear readers/followers For some of us, flying or chartering in/a private plane can be said, together with yachts and the like, can be thought of as the epitome of having "made it", or of luxury. The comfort and convenience of being able to go anywhere, or simply enjoy a trip of a journey by sea or air, according to some, can't really be compared to anything else. Well, in this article I'm taking a run at one of the companies in this field - The Wheels Up Experience (UP), which is one of the premiere businesses catering to exactly these needs. Flying Wheels Up - from A to Z The unique selling point of Wheels up, and similar companies, is that you can get initiated to the service fairly easily and cheaply - around $3000 to become a member, which doesn't sound much, and which renews at close to that level. Now, UP doesn't provide you with Gulfstreams or the like - instead, they manage a fleet of Cessnas, Beach Kings and other aircraft, but still respectable private jets. However, to anyone thinking that this sounds interesting, take a firm hold on your ambitions to fly private, and realize that the company requires you to put down a certain deposit towards you charter hours - and anyone who deposits less than $100,000 has to wait 90 days before chartering, which should tell you what sort of sums are being typically deposited towards flight hours. You also don't need to be a member to book Wheels up - it can be done on the app - but this greatly limits times and routes, and tie you to prices for a flight that are more or less 3-7x the cost of a regular ticket. Part of the argument for these sorts of services is the ability to more freely choose flights and connections, to fly in smaller contexts (fewer people). But to give you an idea of actual costs for flights, which should make this uninteresting to most readers, here are some stats which are about 1-2 years old, so add maybe 5-10% to those prices. King Air 350i: $5,295/hour Light jet: $6,495/hour Midsize jet: $7,795/hour Super-midsize jet: $9,295/hour Large-cabin jet: $12,995/hour As you can see, the costs for actually doing this are quite prohibitive, unless you're the type of individual who doesn't mind a $20,000 expense - and there are obviously those among us. The company's ambition is to be a total aviation solution to interested customers - and to make private flights accessible to a wider group of people than they might have traditionally been available to. Because while the above prices do sound expensive, they really are cheap compared to the actual ownership of owning your own place - which easily runs you into the multiple hundreds of thousands of dollars per year, and that's not even counting the purchase price for the plane. This sort of service is always a trade-off. People who own private planes in part want this for the privacy and convenience of going anywhere, anytime, how they choose. By using a service like this, you're actually sacrificing some of this freedom in exchange for more affordability. It might not be everyone's cup of tea, but it's clear that some people find it interesting and appealing, given the surge of memberships in 2021, not so much in 2022 as things turned sour. However, turning sour is relative. The company still has some impressive numbers. Wheels Up experience has 12,500+ active members, and as a business, generates revenues of upwards $1.5B per year for the 2022E period. This might not sound much, but it's impressive how quickly it got there and where the company comes from. UP IR (UP IR) Now, Wheels up has some interesting arguments for why the industry is ripe for disruption from actors like UP. They mention examples from other disruptors like Amazon (AMZN), Uber (UBER), Netflix (NFLX), and the like, but I would argue that any such comparison is flawed. That is even without mentioning that they exemplify it using Carvana, which is essentially a failed and bankrupt business. The difference between these businesses, or any of the ones mentioned, and UP, is that UP offers a premiumized service that even with a cheap membership initiation fee, comes at a premium to any sort of normal flying experience. That isn't to say the company's general arguments are invalid as such. The market is incredibly fragmented - top 10 of this industry are at barely 8%, and 1,800+ of them operate less than 10 aircraft. Much in this industry still isn't digitized, but analog, and there's a lack of transparency in pricing and other issues. The company does post impressive high-level numbers that suggest that most who use the company's service seriously, are very pleased with the convenience the company offers. UP IR (UP IR) The company is also pioneering several data-driven technology models connecting interested flyers to vetted private aircraft. UP isn't on its own either, it has a strategic partnership with one of the majors, Delta (DAL), However, there are a few too many "buzzwords" in the company's presentation and filings. As you all may know, I prefer hard data and math. The simple fact is, this company is not yet profitable, and that's a huge issue for me. Any company that debuted during the ZIRP and tries to transition to what we can call more normal operations is bound to face challenges. Not just in the financing side, but in the demand side. ZIRP and the entire 2016-2021 period brought up a collection of individuals who became used to living a "luxury" lifestyle without actually having the financial means to support such a lifestyle - It was based on credit and the environment we're in. We're seeing this in Europe as well. It's not an irrational assumption, therefore, that UP is going to see a compression either in members or in the use members make of the company's services as people are being forced to tighten their belts. And this is being combined with increased financing and interest costs. Any assumption that the company is seeing scaling or volume advantages is easily disproven by very simple financials. The fact is, Gross margins have been steadily decreasing for several years. In 2018, GMs were 16.8%. Then they moved to 13%, to 12%, to 11%, and in LTM for 2022, we're now at gross margins of 5.6% - that's gross. Operating margins are negative at 22.7%. Net income is negative $350M, or thereabouts, for the LTM period. This also comes as the company has nearly doubled its shares outstanding in less than 3 years. There's also a fair bit of long-term debt - $270M - on the balance sheet at this point, but this is only a faint positive given what's going on here, and that we're talking about a loss-making company. And double-digit negative operating margins isn't something you "just turn around", especially not in this environment. The company's business model entails generating revenue off memberships, flights, aircraft management, and other (sub fees, MRO, FBO revenue). The company owns or long-term leases 180 aircraft, out of which 86 are turboprops. The company also offers its services through a number of local subsidiaries, of which there are five. Obviously, risks to such a business as this are not small. Simple things like fuel costs, repair costs, staffing costs, and the seasonality we're seeing today, it all works against this company being an attractive investment in a way I've rarely seen before. Other contributors are mixed on this stock - but it's been undercovered for some time, and the reasons are understandable. Any positivity on this investment over time, as it stands, has resulted in massive declines in RoR. The company seemed to have been a bit of an investor favorite last year but is now down 67%+ on a 1-year basis. Not exactly good returns. It has a market cap of $300M or thereabout, it has no credit rating, and despite a relatively impressive amount of insider activity - a positive one, I would say that Wheels up faces a fundamental identity crisis. The company's entire set of operations and its current business model seems to be predicated on the assumption that there is a large, unapproached group of customers that have disposable income, and are willing to use it to fly private/semi-private instead of flying commercial at what is essentially a 2-3x premium from a normal ticket - at the very least. While ZIRP may have briefly allowed for the interpretation that this group exists, and is significant, I argue that the group, if it does exist, is extremely small. This company, as I see it, is a failure in its business model. It's too spread out, and it's trying to capture or keep customers that cannot keep the company in business - especially given the way the market looks today. The fact that the company CFO openly discusses that UP needs to "decide" who its customers are, suggests to me that this is a company still in its infancy. Like other companies during ZIRP, UP has been able to significantly grow its customers and revenue base, as well as its revenues. However, the mistake people make when looking at a company like this is assuming that increased revenue has a positive correlation to profits. This is not always the case, and it's not the case for this particular business. Instead, the correlation is the opposite. The more revenue the company has, the faster UP loses money. Cash burn here is intense, and UP, as of December, has less than $600M In cash and equivalents left before it needs to tap financing or equity. In the end, this sort of company is hard for me to argue for. It's not that I don't like or understand the company's business model - I just don't think it works, and I think the company is starting to realize it, which is why it's starting to change. UP IR (UP IR) Simple solutions for profitability need to be implemented. Far from growing revenue unprofitably, it needs to consolidate and institute cost control. Start getting up gross margins back above 10%, and give us a pathway to positive OM. The company is arguing that it's moving towards positive adjusted EBITDA in 2024E, which I view as a pipe dream unless those adjustments are something truly outlandish. The company is focusing on reducing costs, surcharges, and operational efficiencies, which translates to lower dispatch availability times, maintenance, consolidation, and changes in the MOC. The problem with some of those measures is that affluent customers are relying exactly on those freedom-providing variables to drive appeal for what the company offers. And with surcharges and pricing likely going up, that's going to be the bargain-seekers, if they can be called that, away as well.Seeking Alpha • Nov 11
Wheels Up And The Problems It Must Solve
Summary Wheels Up continues to grow revenue, but costs continue to weigh on the company. The company may have to decide who its main customer is, as it appears its business model caters to higher-end users in order to be profitable. For the company to succeed it must centralize operations in order to gain better control of its processes. More than likely UP will have to moderate its short-term ambitions in order to be successful. Wheels Up Experience Inc. (UP) is an on-demand aviation company that provides private aviation services primarily in the U.S. market. The company has been successful in growing revenue but has had difficulty turning a profit. I think the reason for that is it is trying to be all things to all its potential and existing customer base, which appears to be a frustrating experience based upon the enormous number of moving parts that the company is having difficulty bringing together in a cohesive manner. While the company has laid out a very detailed plan on how to achieve positive adjusted EBITDA in 2024, I'm not convinced it'll be able to do so as the company stands today. In this article we'll look at some of its recent earnings as well as why and how it may have to change in order to become profitable. Latest earnings Revenue in the third quarter jumped to $420.4 million, up 39 percent year-over-year. The increase in revenue came from the acquisition of Air Power, an increase in flight demand, and higher revenue per Live Flight Leg. Net loss soared from $27.4 million last year in the same reporting period, to a net loss of $86.8 million in the third quarter of 2022. Net loss was up "due to higher operating expenses, including higher technology spend and a broad-based equity grant to the Wheels Up employee pilots." Adjusted EBITDA for the reporting period was -$45.2 million, down by $21.3 million from the third quarter of 2021. Inflation and supply constraints resulted in lower flight margins, along with technology investments. UP boosted its cash position via an issuance of $270 million in equipment notes through a EETC loan structure. Its active customer base increased to 12,688, a gain of 12 percent year-over-year. The improvement was attributed to new "member sales and strong membership retention." Live Flight Legs were up to 21,025, an increase of 7 percent from last year in the same reporting period. Growth in active members and the acquisition of Air Partner were the primary catalysts there. Revenue per Live Flight Leg increased 20 percent to $13,266 from last year in the third quarter. and excluding Air Partner, was up 25 percent. That points to organic pricing power with its existing customer base before it acquired Air Power. Other contributions included adding a fuel surcharge and "a shift in the mix of cabin flying." The company held cash and cash equivalents of $545 million at the end of the third quarter, with long-term debt of $270 million. Operating lease liabilities stood at $117 million. Company presentation Company challenges UP is doing well in driving revenue growth, but the costs of doing so are high. The company is working on streamlining and consolidating operations in order to achieve its goal of having adjusted EBITDA profitability in 2024. Demand isn't the issue for UP, it's bringing disparate pieces of the business together in a way that allows it to generate a profit. To do so, the company may have to make some changes to its business structure, by which I mean zeroing in on defining who its base customer is, among other things. Something CFO Todd Smith said in the earnings report is among one of the important things the company has to deal with, especially in regard to deciding who their customers are. He said: "But we continue to evaluate membership growth relative to our capability to execute and deliver at the service level that our customers expect." Not only does that relate to its need to define its core customer, but it, in a nutshell, also describes the major challenge the company faces, which is, as Smith stated, the capability to offer quality service in the face of rapid growth in the number of customers it serves. In other words, it may need to slow down its customer growth initiative and work on improving its service. Or to put it another way, it may have to sacrifice some revenue in the near term before aggressively pursuing growing market share. It can do both of course, but the company will probably be forced to moderate its growth until the quality of its service improves by adding more employees and timely training. One of the things the company is working on is to use technology to transform the on-demand aviation industry by improving customer experience. The company also believes by doing so it will be able to attract "more consumers at the top of the funnel." Being able to attract higher end consumers will be important for UP because they have more disposable income (including businesses), and as service improves the company has room to raise prices which it could have trouble doing with other consumers. This is a major reason I said the company probably will have to better define who its core customer is. That doesn't mean it won't have other customers it serves at different price points, depending on a number of variable and customer needs, only that by adding higher end customers it will be a big step in progressing toward its goal of EBITDA profitability in 2024. A lot of the reason for the challenges UP faces, outside of normal business practices, is that by building the business primarily through a series of acquisitions, which along with its processes being manual in nature at this time, has resulted in much higher costs than the company should have. Applying technology to its processes and bringing far more synergy to the disparate pieces of the business will go a long way toward solving the many operational challenges the company faces, including dispatch and maintenance availability, and consolidating operations.Seeking Alpha • Aug 19
Wheels Up Earnings Take Off
Following earnings, we continue to believe that Wheels Up is a strong medium-term idea for a risk-tolerant portfolio. Company leadership and recent initiatives continue to make us bullish. Wheels up is a small-cap stock, so we recommend this idea only to risk-tolerant investors. In the wake of last week's earnings release, we continue to believe that Wheels Up Experience Inc. (UP) is a strong medium term idea for risk-tolerant investors. The company is one of the largest private aviation companies, providing a comprehensive portfolio of services to non-owner fliers as well as jet owners. With more than 200 aircraft in their owned and leased fleet, UP offers access to over 1,200 third-party aircraft, including multiple aircraft types and categories. In the company's most recent earnings report, gross margin improved from -6.6% in Q1 to 0.1% in Q2. Compared to 2021, gross margin in the first quarter of 2022 was 11.7 percentage points less while gross margin in the second quarter was only 5.8 percentage points down from last year's figure. Sources for all earnings data were here and here. An acquired business that unexpectedly outperformed in Q2 proved to be a significant driver. However, this may not be the case next quarter. Company executives noted on the conference call that the timing of fuel charge adjustments in Q2 meant that the impact was limited. There should be more of an effect in Q3 and Q4. Adjusted EBITDA loss was smaller than in the last quarter, and the majority of the guidance range for the next quarter was better than the Q2 figure. Prepaid block sales were up 180% YoY compared to being up 153% YoY in the previous quarter, while live flight legs were up 19% YoY versus an increase of 15% YoY in the last quarter. Price increases and fuel surcharges do not seem to have hurt demand. We believe that Q3 and Q4 will tell us more about whether this assessment is accurate. At the top of the earnings press release was a notable change. Last quarter, the release highlighted that "Technology and operating initiatives progressing to drive long-term profitability" By contrast, this quarter the line is "Technology investments & operational focus expected to drive Adjusted EBITDA profitability in 2024". Company representatives clarified on the call that management expects sustained adjusted EBITDA profitability in 2024. Incorporating profitability that is accelerated by one year into a model for UP will incrementally improve the price target from my previous article's $4.75 estimate. Ultimately, this quarter's performance and guidance make the price target, or higher, seem more attainable. Also, if earlier profitability makes for a steeper ramp upward in results between now and then, it should lead to an earlier adjustment from other investors in decreasing their probabilities of failure for Wheels Up.. This won't happen overnight. However, this is looking relatively more like a medium-term story and somewhat less like a long-term play after this quarter. Disclosure: Risks of Investing in Microcap Stocks With a share price of less than $3 and a market capitalization of just $500 million, Wheels Up is considered a microcap stock. There are many risks in investing in microcap stocks, including increased volatility and potential lack of liquidity. While we recommend Wheels Up as a medium-term investment, we urge investors to approach Wheels Up cautiously and as part of a larger, balanced investment strategy. We would not recommend this stock to risk-averse or conservative investors. About Wheels Up Experience Wheels Up Experience provides on-demand private jet service in the United States. Currently, UP is the largest aircraft charter service in terms of flight hours in 2021 according to ARGUS. The company has a strategic partnership with Delta, including a program that enables pilots to log hours with Wheels Up while participating in the Delta pilot development program. Clients have access to membership benefits, commercial travel benefits, and charter services through the UP app. Wheels Up also offers freight, safety, and security solutions. Their services are offered to individuals, companies, and government organizations. The company connects its expanding base of over 12,000 members with a network of over 1,500 private charter aircraft. UP maintains its headquarters in New York City and has offices in 25 cities worldwide. Celebrity Jets and The Private Charter Jet Market Recently, many celebrities have been the focus of criticism for their ownership of private jets. Most notably, Taylor Swift, Blake Shelton, JayZ, and Travis Scott have been called out in the media for their promotion of green initiatives while globe-hopping on private jets with huge carbon footprints. While this has sparked outrage among climate change activists, the media attention has boosted the private charter jet segment, and Wheels Up is poised to benefit from the attention. COVID-19 safety precautions and massive flight cancellations at airports around the globe have also increased the customer base for private charter flights. Booking a charter flight offers convenience that commercial flights cannot offer. Clients can arrive at the airport within minutes of take off. Once at their destination, they disembark and are on their way far more quickly than commercial flight travelers.Seeking Alpha • Aug 08
Wheels Up Set To Take Flight
Travel hiccups continue to make private aviation appealing. Wheels Up has a high level of brand recognition that will appeal to investors and travelers alike. Strong leadership and a lack of debt will help Wheels Up in the future, so the stock continues to be appealing from a valuation perspective. Flying can be akin to roulette these days. Flight cancellations due to coronavirus restrictions, pilot shortages, and weather delays are widespread. Thousands of flights have been delayed or canceled this summer. In fact, more flights in 2022 have been canceled through mid-year 2022 than all of 2021. In addition, some airports have capped the number of departing passengers. Schiphol Airport in Amsterdam has capped passengers to 67,500 per day, while Heathrow Airport in London has capped the number of departing travelers to 100,000 per day. Flight cancelations in the United States continue to be significant as well. La Guardia Airport tops the list with 8% of flights canceled. Newark Liberty International, St. Louis Lambert International, and Raleigh-Durham International had 6% of their flights canceled. Still, corporate executives and wealthy individuals want and need to travel. We believe that the private aviation industry is absorbing that demand. In our opinion, many of these CEOs and wealthy individuals may find that once they experience private aviation, they don't want to return to traditional airports. Wheels Up Experience Inc. (UP) has strong brand recognition and is set to continue to be a lead player. Robust, experienced leadership and attractive valuation make Wheels Up a buy for us at these levels. Disclosure: Risks of Investing in Microcap Stocks With a share price of less than $3 and a market capitalization of just $500 million, Wheels Up is considered a microcap stock. There are many risks in investing in microcap stocks, including increased volatility and potential lack of liquidity. While we recommend Wheels Up as a medium-term investment, we urge investors to approach Wheels Up cautiously and as part of a larger, balanced investment strategy. We would not recommend this stock to risk-averse or conservative investors. Wheels Up Experience Inc. Overview Wheels Up Experience is one of the largest private aviation companies, providing a comprehensive portfolio of services to non-owner fliers as well as jet owners. The company has over 200 aircraft in their owned and leased fleet, and offers access to over 1,200 third-party aircraft, including multiple aircraft types and categories. This includes aircraft in the jet light, mid-size jet, super mid-sized jet, and large cabin jet categories. The company also maintains a strategic partnership with Delta Air Lines (DAL). Their app enables travelers to search and book flights quickly from their smartphones. Their membership program offers clients enhancements like empty-leg hot flights, flight sharing, shuttle flights, company events, and other member benefits from luxury brands. In addition to simplifying the experience, acquisitions have been a part of their growth. In May 2019, Wheels Up acquired Travel Management Company, which is a light jet operator in Indiana. In September 2019, the company acquired Avianis, a flight management system provider. In 2020, the company acquired Delta Private Jets, which is Delta's private aviation branch. This gave Delta a 27% equity stake in Wheels Up. In March 2020, Wheels Up acquired Gama Aviation Signature, and in 2021, it purchased Mountain Aviation, which provides maintenance and operation services for Cessna Citation Xs. Wheels Up reported $1.2 billion in revenue for 2021. This is up significantly from $695 million in 2020 and $385 million in 2019. Wheels Up Experience Financial Overview On May 21, Wheels Up reported its first quarter financial results for the period ended March 31, 2022: Revenue grew to $325.6 million for an increase of 24% Active members reached 12,424 for an increase of 25% Live flight legs were 17,625 for an increase of 26% Net loss was $56.8 million versus a net loss of $89 million in the same quarter last year Adjusted EBITDA was $40.8 million versus $49.4 million in the same quarter last year Stock Performance Wheels Up Experience went public on July 14, 2021. On July 16, it closed at $10.25. It declined to $7.01 on October 29, 2021, yet saw a brief rise to $7.80 on November 5. Since that time, UP has declined steadily and now trades in the $2.25 to $2.50 range.Seeking Alpha • Jun 23
Todd Smith to join Wheels Up Experience as CFO
Todd Smith has been appointed as the new CFO of Wheels Up Experience (NYSE:UP). Smith starts on June 30, 2022 and will oversee all aspects of the company's global finance organization, including commercial finance, accounting, FP&A, treasury, tax and investor relations. He will also join the company's executive leadership team. Most recently, Smith served as Global Head of Financial Planning and Analysis and CFO for GE Corporate (GE).분석 기사 • May 17
Wheels Up Experience Inc. (NYSE:UP) Just Reported First-Quarter Earnings And Analysts Are Lifting Their Estimates
Wheels Up Experience Inc. ( NYSE:UP ) defied analyst predictions to release its quarterly results, which were ahead of...매출 및 비용 세부 내역
매출 및 비용 세부 내역
Wheels Up Experience가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.
순이익 및 매출 추이
| 날짜 | 매출 | 순이익 | 일반관리비 | 연구개발비 |
|---|---|---|---|---|
| 31 Dec 25 | 736 | -294 | 234 | 39 |
| 30 Sep 25 | 757 | -353 | 227 | 40 |
| 30 Jun 25 | 766 | -327 | 240 | 39 |
| 31 Mar 25 | 773 | -342 | 223 | 40 |
| 31 Dec 24 | 792 | -340 | 222 | 41 |
| 30 Sep 24 | 834 | -333 | 211 | 43 |
| 30 Jun 24 | 960 | -420 | 229 | 53 |
| 31 Mar 24 | 1,099 | -484 | 237 | 57 |
| 31 Dec 23 | 1,253 | -487 | 227 | 60 |
| 30 Sep 23 | 1,415 | -631 | 264 | 63 |
| 30 Jun 23 | 1,515 | -635 | 281 | 61 |
| 31 Mar 23 | 1,606 | -567 | 293 | 60 |
| 31 Dec 22 | 1,580 | -555 | 301 | 57 |
| 30 Sep 22 | 1,517 | -406 | 234 | 52 |
| 30 Jun 22 | 1,398 | -316 | 227 | 43 |
| 31 Mar 22 | 1,258 | -249 | 199 | 38 |
| 31 Dec 21 | 1,194 | -190 | 193 | 34 |
| 30 Sep 21 | 1,059 | -145 | 191 | 29 |
| 30 Jun 21 | 952 | -68 | 169 | 27 |
| 31 Mar 21 | 801 | -64 | 141 | 23 |
| 31 Dec 20 | 695 | -79 | 115 | 21 |
| 31 Dec 19 | 385 | -96 | 72 | 14 |
| 31 Dec 18 | 332 | -83 | 64 | 8 |
양질의 수익: UP 은(는) 현재 수익성이 없습니다.
이익 마진 증가: UP는 현재 수익성이 없습니다.
잉여현금흐름 대비 순이익 분석
과거 순이익 성장 분석
수익추이: UP은 수익성이 없으며 지난 5년 동안 손실이 연평균 15.1% 증가했습니다.
성장 가속화: 현재 수익성이 없어 지난 1년간 UP의 수익 성장률을 5년 평균과 비교할 수 없습니다.
수익 대 산업: UP은 수익성이 없어 지난 해 수익 성장률을 Airlines 업계(10.4%)와 비교하기 어렵습니다.
자기자본이익률
높은 ROE: UP의 부채가 자산을 초과하여 자본 수익률을 계산하기 어렵습니다.
총자산이익률
투하자본수익률
우수한 과거 실적 기업을 찾아보세요
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/05/06 10:10 |
| 종가 | 2026/05/06 00:00 |
| 수익 | 2025/12/31 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
| |
| 분석가 컨센서스 추정치 | +3년 |
|
|
| 시장 가격 | 30년 |
| |
| 지분 구조 | 10년 |
| |
| 경영진 | 10년 |
| |
| 주요 개발 | 10년 |
|
* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.
분석 모델 및 스노우플레이크
이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.
Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.
산업 및 섹터 지표
산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.
분석가 소스
Wheels Up Experience Inc.는 5명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Michael Bellisario | Baird |
| Sheila Kahyaoglu | Jefferies LLC |
| Aaron Kessler | Raymond James & Associates |