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Blade Air Mobility Reports Financial Results for the Fourth Quarter Ended December 31, 2023
BLDEBlade(BLDE) Newsfilter·2024-03-12 11:08

Revenue up 24.5% versus the prior year to 47.5millioninQ42023andup54.147.5 million in Q4 2023 and up 54.1% in the full year 2023 to 225.2 millionNet loss increased (18.5)millionversustheprioryearto(18.5) million versus the prior year to (33.9) million in Q4 2023 and increased (28.8) millioninthefullyear2023to(28.8) million in the full year 2023 to (56.1) million; Adjusted EBITDA increased by 2.7millionversustheprioryearto2.7 million versus the prior year to (5.2) million in Q4 2023 and increased by 10.8millionto10.8 million to (16.6) million in the full year 2023Introduced guidance for Adjusted EBITDA profitability in full-year 202 ...