![]() Total revenue increased 125% to $45.7 million in the current quarter versus $20.3 million in the prior year period. Third Quarter Ended September 30, 2022 Financial Highlights "We have also successfully diversified Blade's business, with nearly half of our $133 million in trailing twelve month revenue coming from organ transportation, which benefits from multi-year customer contracts, low marketing costs and demand that is uncorrelated with the overall macroeconomic environment." We look forward to deploying our brand, technology, and customer service in these geographies to further accelerate our growth and fortify Blade's global presence,” said Melissa Tomkiel, Blade's President. ![]() "With the closing of our Blade Europe acquisition on September 1, 2022, Blade is now the largest urban air mobility company operating across three continents. We remain encouraged by the strong demand indicators we see across our consumer-facing businesses, which, combined with our continued share gains in recession-resistant MediMobility Organ Transport, gives us confidence in our ability to deliver profitable growth even amidst a more uncertain macroeconomic environment." "Our Short Distance business exceeded expectations, driven by higher pricing and improved utilization across our route network, which was further boosted by our acquisitions in Canada and Europe. "Blade delivered another record quarter with exceptional performance across all business lines," said Rob Wiesenthal, Blade’s Chief Executive Officer. (Nasdaq: BLDE, "Blade" or the "Company"), a technology-powered air mobility platform, today announced financial results for the third quarter ended September 30, 2022. 09, 2022 (GLOBE NEWSWIRE) - Blade Air Mobility, Inc. MediMobility Organ Transport revenue up 801% versus the prior year period, driven by the acquisition of new transplant center clients, robust growth with existing clients, and our acquisition of Trinity Air Medical ("Trinity")įlight Profit increased 108% versus the prior year period, driven by growth in all business lines and stronger pricing in our Short Distance businessīlade completed our acquisition of the commercial businesses of three of the largest European urban air mobility companies on Septem("Blade Europe") ![]() Short Distance revenue up 52% in Q3 2022 versus the prior year period, reflecting higher pricing across our route network, strong demand and our acquisitions of Blade Europe and Blade Canada ![]() Third quarter ended September 30, 2022 revenue up 125% versus the prior year period to $45.7 million nine month period ended September 30, 2022 revenue up 154% versus the prior year period to $108.0 million ![]()
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