UP Q4 2022 Earnings — Wheels Up Experience Inc. Revenue & Financial Results | Market Cap Arena

UPWheels Up Experience Inc.

$375M

Q4 2022 Earnings

Industrials Airlines, Airports & Air Services

Income Statement

Revenue

$408M+18.3% YoY

Gross Profit

-$6M-1.6% margin

Operating Income

-$284M-69.4% margin

Net Income

-$287M-70.3% margin

EPS (Diluted)

$-9.64

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$45M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.7B

Stockholders' Equity

$300M

Cash & Equivalents

$586M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$408M	$345M	+18.3%
Gross Profit	-$6M	-$13M	+49.0%
Operating Income	-$284M	-$82M	-244.7%
Net Income	-$287M	-$69M	-313.4%