Blade Air Mobility Inc

Company Profile

Blade Air Mobility Inc had its IPO on 2019-11-05 under the ticker symbol BLDE.

The company operates in the Industrials sector and Airports & Air Services industry. Blade Air Mobility Inc has a staff strength of 182 employees.

Stock update

Shares of Blade Air Mobility Inc opened at $3.14 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.09 - $3.22, and closed at $3.14.

This is a 0% increase from the previous day's closing price.

A total volume of 328,881 shares were traded at the close of the day’s session.

In the last one week, shares of Blade Air Mobility Inc have increased by +0.32%.

Blade Air Mobility Inc's Key Ratios

Blade Air Mobility Inc has a market cap of $243.65 million, indicating a price to book ratio of 1.2267 and a price to sales ratio of 1.7791.

In the last 12-months Blade Air Mobility Inc’s revenue was $164.76 million with a gross profit of $22.28 million and an EBITDA of $-43741000. The EBITDA ratio measures Blade Air Mobility Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Blade Air Mobility Inc’s operating margin was -30.33% while its return on assets stood at -9.62% with a return of equity of -9.59%.

In Q1, Blade Air Mobility Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 70%.

Blade Air Mobility Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.36 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Blade Air Mobility Inc’s profitability.

Blade Air Mobility Inc stock is trading at a EV to sales ratio of 2.4081 and a EV to EBITDA ratio of -5.2022. Its price to sales ratio in the trailing 12-months stood at 1.7791.

Blade Air Mobility Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$322.43 million

Total Liabilities

$23.21 million

Operating Cash Flow

$0

Capital Expenditure

$646000

Dividend Payout Ratio

0%

Blade Air Mobility Inc ended 2024 with $322.43 million in total assets and $0 in total liabilities. Its intangible assets were valued at $322.43 million while shareholder equity stood at $270.20 million.

Blade Air Mobility Inc ended 2024 with $0 in deferred long-term liabilities, $23.21 million in other current liabilities, 7000.00 in common stock, $-113870000.00 in retained earnings and $39.89 million in goodwill. Its cash balance stood at $41.74 million and cash and short-term investments were $176.95 million. The company’s total short-term debt was $4,029,000 while long-term debt stood at $0.

Blade Air Mobility Inc’s total current assets stands at $209.20 million while long-term investments were $390000.00 and short-term investments were $135.21 million. Its net receivables were $16.46 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Blade Air Mobility Inc's operating cash flow was $0 while its capital expenditure stood at $646000.

Comparatively, Blade Air Mobility Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$3.14

52-Week High

$6.96

52-Week Low

$2.51

Analyst Target Price

$7.25

Blade Air Mobility Inc stock is currently trading at $3.14 per share. It touched a 52-week high of $6.96 and a 52-week low of $6.96. Analysts tracking the stock have a 12-month average target price of $7.25.

Its 50-day moving average was $3.7 and 200-day moving average was $3.73 The short ratio stood at 10.85 indicating a short percent outstanding of 0%.

Around 784% of the company’s stock are held by insiders while 6954.1% are held by institutions.