We're Hopeful That Blade Air Mobility (NASDAQ:BLDE) Will Use Its Cash Wisely [Yahoo! Finance]
Blade Air Mobility, Inc. - Class A (BLDE)
Company Research
Source: Yahoo! Finance
For example, although software-as-a-service business Salesforce.com lost money for years while it grew recurring revenue, if you held shares since 2005, you'd have done very well indeed. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? So should Blade Air Mobility NASDAQ:BLDE ) shareholders be worried about its cash burn? In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. First, we'll determine its cash runway by comparing its cash burn with its cash reserves. View our latest analysis for Blade Air Mobility When Might Blade Air Mobility Run Out Of Money? You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. In September 2023, Blade Air Mobility had US$173m in cash, and was debt-free. Importantly, its cash burn was US$34m over the trailing twelve months. So it had a cash runw
Show less
Read more
Impact Snapshot
Event Time:
BLDE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BLDE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BLDE alerts
High impacting Blade Air Mobility, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
BLDE
News
- Blade to Offer Luxury Bus Service to Hamptons at Fare Up to $275 [BNN Bloomberg (Canada)]BNN Bloomberg
- Blade Air Mobility Announces Opening of Investor Q&A Platform Ahead of its Release of Fiscal First Quarter 2024 Financial ResultsGlobeNewswire
- Blade Air Mobility Announces Date for First Quarter Ended March 31, 2024 Earnings Release Conference CallGlobeNewswire
- With 62% institutional ownership, Blade Air Mobility, Inc. (NASDAQ:BLDE) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
- Blade Air Mobility Announces $20 Million Share Repurchase ProgramGlobeNewswire
BLDE
Earnings
- 11/8/23 - Beat
BLDE
Sec Filings
- 4/17/24 - Form 4/A
- 4/17/24 - Form 4/A
- 4/5/24 - Form 4
- BLDE's page on the SEC website