Stock Analysis
- United States
- /
- Airlines
- /
- NasdaqCM:BLDE
Blade Air Mobility Full Year 2023 Earnings: US$0.76 loss per share (vs US$0.38 loss in FY 2022)
Blade Air Mobility (NASDAQ:BLDE) Full Year 2023 Results
Key Financial Results
- Revenue: US$225.2m (up 54% from FY 2022).
- Net loss: US$56.1m (loss widened by 106% from FY 2022).
- US$0.76 loss per share (further deteriorated from US$0.38 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Blade Air Mobility Earnings Insights
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Airlines industry in the US.
Performance of the American Airlines industry.
The company's shares are down 24% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 4 warning signs for Blade Air Mobility that you need to be mindful of.
Valuation is complex, but we're helping make it simple.
Find out whether Blade Air Mobility is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About NasdaqCM:BLDE
Blade Air Mobility
Blade Air Mobility, Inc. provides air transportation alternatives to the congested ground routes in the United States.
Flawless balance sheet with concerning outlook.