UP Q1 2021 Earnings — Wheels Up Experience Inc. Revenue & Financial Results | Market Cap Arena

UPWheels Up Experience Inc.

$375M

Q1 2021 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$262M+67.6% YoY

Gross Profit

$27M10.4% margin

Operating Income

-$28M-10.6% margin

Net Income

-$29M-11.2% margin

EPS (Diluted)

$-0.48

QoQ Revenue Growth

+24.7%

Cash Flow

Operating Cash Flow

-$85M

Free Cash Flow

-$90M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.1B

Stockholders' Equity

$293M

Cash & Equivalents

$215M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$262M	$156M	+67.6%
Gross Profit	$27M	$15M	+84.2%
Operating Income	-$28M	-$38M	+28.1%
Net Income	-$29M	-$44M	+33.9%