BLADE AIR MOBILITY INC C/WTS 07/05/2026 (TO PUR COM) | 8-K: FY2025 Q1 Revenue: USD 54.31 M

Revenue: As of FY2025 Q1, the actual value is USD 54.31 M.

EPS: As of FY2025 Q1, the actual value is USD -0.04.

Segment Revenue

• Total Revenue: $54.3 million in Q1 2025, a 5.4% increase from $51.5 million in Q1 2024.
• Passenger Segment Revenue: $18.4 million in Q1 2025, up from $15.5 million in Q1 2024, representing an 18.5% increase.
• Medical Segment Revenue: $35.9 million in Q1 2025, slightly down from $36.0 million in Q1 2024, a decrease of 0.2%.

Operational Metrics

• Net Loss: Improved by $0.7 million to - $3.5 million in Q1 2025 from - $4.2 million in Q1 2024.
• Adjusted EBITDA: Improved by $2.3 million to - $1.2 million in Q1 2025 from - $3.5 million in Q1 2024.
• Passenger Segment Adjusted EBITDA: Improved to $0.1 million in Q1 2025 from - $2.7 million in Q1 2024.
• Medical Segment Adjusted EBITDA: Decreased by $0.3 million to $4.1 million in Q1 2025 from $4.4 million in Q1 2024.

Cash Flow

• Operating Cash Flow: Increased by $15.3 million to - $0.2 million in Q1 2025.
• Free Cash Flow: Improved by $14.0 million to - $2.7 million in Q1 2025, excluding aircraft acquisitions.

Unique Metrics

• Flight Profit: Increased by 18.1% to $12.0 million in Q1 2025 from $10.1 million in Q1 2024.
• Flight Margin: Improved to 22.1% in Q1 2025 from 19.7% in Q1 2024.

Outlook / Guidance

Blade Air Mobility reaffirms its guidance for 2025, expecting revenue between $245-265 million and double-digit Adjusted EBITDA.