Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
792.10M | 1.25B | 1.58B | 1.19B | 694.98M | Gross Profit |
59.03M | -37.72M | 39.44M | 76.63M | 60.21M | EBIT |
-258.79M | -443.56M | -384.38M | -204.55M | -62.97M | EBITDA |
-216.51M | -386.22M | -481.93M | -133.46M | -3.89M | Net Income Common Stockholders |
-339.63M | -487.39M | -507.55M | -197.23M | -101.63M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
216.43M | 263.91M | 585.88M | 784.57M | 312.80M | Total Assets |
1.16B | 1.32B | 1.97B | 1.98B | 1.36B | Total Debt |
96.51M | 336.90M | 365.94M | 115.08M | 283.31M | Net Debt |
-119.92M | 72.99M | -219.94M | -669.50M | -29.49M | Total Liabilities |
1.35B | 1.22B | 1.67B | 1.24B | 1.07B | Stockholders Equity |
5.88M | 97.40M | 299.92M | 730.15M | 267.80M |
Cash Flow | Free Cash Flow | |||
-200.70M | -701.95M | -382.05M | 66.41M | 194.12M | Operating Cash Flow |
-77.89M | -665.28M | -230.69M | 126.49M | 209.64M | Investing Cash Flow |
-46.68M | 40.87M | -175.24M | -38.67M | 81.58M | Financing Cash Flow |
78.66M | 300.95M | 244.79M | 374.03M | -62.79M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
63 Neutral | $4.30B | 11.35 | 5.34% | 214.64% | 4.13% | -9.11% | |
61 Neutral | $466.06M | 3.60 | 14.19% | ― | -3.62% | 1459.83% | |
56 Neutral | $215.08M | ― | -11.97% | ― | 12.04% | -30.50% | |
41 Neutral | $48.01M | ― | 138.02% | ― | 97.38% | 72.63% | |
39 Underperform | $224.36M | 28.86 | 26.01% | ― | ― | ― | |
30 Underperform | $594.11M | ― | -2416.94% | ― | -36.80% | 96.50% | |
22 Underperform | $4.32M | ― | -398.23% | ― | -21.31% | 67.99% |
On April 22, 2025, Wheels Up Experience Inc. received a notice from the NYSE indicating non-compliance with the requirement to maintain an average closing price per share of at least $1.00 over a 30-day period. The company has six months to regain compliance and plans to address this by potentially executing a reverse stock split, pending stockholder approval. Despite this notice, Wheels Up’s stock remains listed on the NYSE, and the company continues to focus on strategic initiatives to improve profitability and expand margins.
Spark’s Take on UP Stock
According to Spark, TipRanks’ AI Analyst, UP is a Underperform.
Wheels Up Experience is currently facing critical financial difficulties, with high leverage and negative cash flows posing significant risks to its operations and growth prospects. The technical analysis supports a bearish outlook, with all major indicators signaling downward trends. The valuation metrics highlight ongoing unprofitability and volatility, making the stock less attractive to risk-averse investors. Overall, the company’s substantial financial and operational challenges overshadow potential technical rebounds.
To see Spark’s full report on UP stock, click here.
On March 11, 2025, Wheels Up Experience Inc. announced the appointment of John Verkamp as the new Chief Financial Officer, effective March 31, 2025. Verkamp brings over two decades of financial leadership experience from General Electric and GE Vernova. The company also reported its financial results for the fourth quarter and full year 2024, highlighting a revenue of $204.8 million for the quarter and $792.1 million for the year, despite a net loss. Wheels Up is undergoing a fleet modernization strategy, transitioning to preferred aircraft types, and has secured a $332 million revolving credit facility with support from Delta, aimed at enhancing its financial position and operational capabilities.