Blade Q4 revenue up 144% to $20.3M; full-year $50.5M; acquires Trinity Air and Helijet

Strata Critical Medical, Inc.

Q4 revenue $20.3M (+144% YoY, +28% vs pre-covid 2019); full-year revenue $50.5M (+116% YoY, +62% vs FY2019).
Net loss widened to $9.2M from $0.7M; Adj. EBITDA loss $3.2M; $305M cash for acquisitions and expansion.
Short Distance revenues up 261% to $13.4M; MediMobility and Jet revenues up 50% to $6.6M.
Completed acquisitions of Trinity Air (organ transport) and Helijet's scheduled business (Vancouver) in Q4.
Re-launched Newark Airport service; long-term sub-terminal agreement at Newark through 2028.

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