Blade Air Mobility, Inc. (BLDE) Reports Q4 Net Loss of $9.2M
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Blade Air Mobility Reports Fiscal Fourth Quarter And Fiscal Year Ended September 30, 2021 Financial Results
December 20, 2021 7:00 AM ESTFiscal fourth quarter ended September 30, 2021 revenues up 144% to $20.3 million versus prior year 2020 period and 28% higher versus pre-covid quarter ended September 30, 2019 Full fiscal-year ended September 30, 2021 revenues of $50.5 million, up 116% versus fiscal year 2020 and 62% higher versus the pre-covid fiscal year ended September 30, 2019 $305 million of cash and short-term investments to support enhanced acquisition strategy and new route expansion Completed acquisitions of Trinity Air Medical ("Trinity Air") and Helijet's scheduled passenger business in Vancouver making Blade the largest Urban Air Mobility company in... More
