UP Q3 2021 Earnings — Wheels Up Experience Inc. Revenue & Financial Results | Market Cap Arena

UPWheels Up Experience Inc.

$371M

Q3 2021 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$302M+55.0% YoY

Gross Profit

$5M1.6% margin

Operating Income

-$69M-22.7% margin

Net Income

-$58M-19.4% margin

EPS (Diluted)

$-2.49

QoQ Revenue Growth

+5.7%

Cash Flow

Operating Cash Flow

-$150M

Free Cash Flow

-$166M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$883M

Stockholders' Equity

$783M

Cash & Equivalents

$535M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$302M	$195M	+55.0%
Gross Profit	$5M	$23M	-79.3%
Operating Income	-$69M	$26M	-362.5%
Net Income	-$58M	$21M	-384.6%

Revenue Segments

Advertising

$2M100%