earnings
confidence high
sentiment positive
materiality 0.70
Blade Air Mobility Q3 revenue up 125% to $45.7M; Flight Profit up 108%
Strata Critical Medical, Inc.
2022-Q3 EPS reported
-$0.17
revenue$107,985,000
- Revenue $45.7M (+125% YoY); Short Distance up 52%, MediMobility up 801%.
- Flight Profit $9.3M (+108%); Flight Margin 20.3% (down from 22.0% YoY due to mix shift).
- Net loss $9.2M unchanged; Adjusted EBITDA $(4.5)M improved to (9.9)% of revenue from (15.5)%.
- Completed Blade Europe acquisition for $48.1M cash; now largest urban air mobility company across 3 continents.
- MediMobility serves 67 transplant centers; pro forma organic revenue growth of 174% versus prior year.