Blade Air Mobility Stock Net Income
| BLDEW Stock | USD 0.30 0.04 15.38% |
Blade Air Mobility fundamentals help investors to digest information that contributes to Blade Air's financial success or failures. It also enables traders to predict the movement of Blade Stock. The fundamental analysis module provides a way to measure Blade Air's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Blade Air stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -56.1 M | -53.3 M | |
| Net Loss | -18.5 M | -17.5 M | |
| Net Loss | -56.1 M | -53.3 M | |
| Net Loss | (0.34) | (0.36) | |
| Net Income Per E B T | 0.88 | 0.75 |
Blade | Net Income |
Blade Air Mobility Company Net Income Analysis
Blade Air's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Blade Air Net Income | (56.08 M) |
Most of Blade Air's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blade Air Mobility is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Blade Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Blade Air is extremely important. It helps to project a fair market value of Blade Stock properly, considering its historical fundamentals such as Net Income. Since Blade Air's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Blade Air's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Blade Air's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Blade Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Blade Air Mobility reported net income of (56.08 Million). This is much lower than that of the Ground Transportation sector and significantly lower than that of the Industrials industry. The net income for all United States stocks is notably higher than that of the company.
Blade Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blade Air's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blade Air could also be used in its relative valuation, which is a method of valuing Blade Air by comparing valuation metrics of similar companies.Blade Air is currently under evaluation in net income category among related companies.
Blade Fundamentals
| Return On Equity | -0.24 | |||
| Return On Asset | -0.11 | |||
| Profit Margin | (0.55) % | |||
| Operating Margin | (0.43) % | |||
| Number Of Shares Shorted | 20.27 K | |||
| Revenue | 225.18 M | |||
| EBITDA | (30.82 M) | |||
| Net Income | (56.08 M) | |||
| Total Debt | 18.33 M | |||
| Cash Flow From Operations | (32.35 M) | |||
| Number Of Employees | 231 | |||
| Beta | -0.21 | |||
| Market Capitalization | 852.94 M | |||
| Total Asset | 294.94 M | |||
| Retained Earnings | (159.75 M) | |||
| Working Capital | 170.77 M | |||
| Net Asset | 294.94 M |
About Blade Air Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blade Air Mobility's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blade Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blade Air Mobility based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Blade Air
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blade Air position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blade Air will appreciate offsetting losses from the drop in the long position's value.Moving against Blade Stock
| 0.62 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.61 | AP | Ampco Pittsburgh | PairCorr |
| 0.6 | JOBY | Joby Aviation Earnings Call This Week | PairCorr |
| 0.6 | AZ | A2Z Smart Technologies | PairCorr |
| 0.57 | UP | Wheels Up Experience Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Blade Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blade Air when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blade Air - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blade Air Mobility to buy it.
The correlation of Blade Air is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blade Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blade Air Mobility moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blade Air can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Blade Air Piotroski F Score and Blade Air Altman Z Score analysis. Note that the Blade Air Mobility information on this page should be used as a complementary analysis to other Blade Air's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Blade Stock analysis
When running Blade Air's price analysis, check to measure Blade Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blade Air is operating at the current time. Most of Blade Air's value examination focuses on studying past and present price action to predict the probability of Blade Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blade Air's price. Additionally, you may evaluate how the addition of Blade Air to your portfolios can decrease your overall portfolio volatility.
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Is Blade Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blade Air. If investors know Blade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blade Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 1.244 | Quarterly Revenue Growth 2.083 | Return On Assets (0.11) | Return On Equity (0.24) |
The market value of Blade Air Mobility is measured differently than its book value, which is the value of Blade that is recorded on the company's balance sheet. Investors also form their own opinion of Blade Air's value that differs from its market value or its book value, called intrinsic value, which is Blade Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blade Air's market value can be influenced by many factors that don't directly affect Blade Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blade Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blade Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blade Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.