Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Wheels Up Experience Inc. reported the fiscal year ended December 31, 2022 results: revenue $1.6 billion, net income $(507,547).
- Period
- the fiscal year ended December 31, 2022
- Revenue
- $1.6 billion
- Net income
- $(507,547)
- Result
- reported results
Exact text from the filing
backed by loyal customers who continue to spend at significant levels with us. Over the past decade, our team has proven that we can deliver robust growth with record revenue of $1.6 billion in 2022,” said Chairman and CEO Kenny Dichter. “With that strong base of business, our focus is now on delivering world-class service profitably.” “Our strong top line and our
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Wheels Up Experience Inc. reported the fourth quarter, which ended December 31, 2022 results: revenue $408 million, net income $239 million.
- Period
- the fourth quarter, which ended December 31, 2022
- Revenue
- $408 million
- Net income
- $239 million
- Result
- reported results
Exact text from the filing
Fourth Quarter 2022 Highlights • Revenue increased 18% year-over-year to $408 million • Active Members increased 5% year-over-year to 12,661 in total • Live Flight Legs decreased 5% year-over-year to 19,308 in total • Net loss increased $162 million year-over-year, primarily driven by a non-cash impairment charge of $132 million, to $239 million • Adjusted EBITDA improved by $3 million year-over-year to a loss of $44 million
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