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Jun 30, 2021
Wheels Up Q2 2021 Earnings Report
Announced record revenue growth of 113% driven by accelerating customer demand and focus on strategic initiatives.
Key Takeaways
Wheels Up announced strong Q2 2021 financial results, marked by a 113% year-over-year increase in revenue to $285.6 million. The company also reported a net loss of $(29.0) million and an adjusted EBITDA of $(8.5) million.
Revenue increased 113% year-over-year to $285.6 million.
Active Members grew 47% year-over-year to 10,515 in total.
Live Flight Legs increased 146% year-over-year to 18,234 in total.
Net loss increased by $1.6 million year-over-year to $(29.0) million.
Wheels Up
Wheels Up
Wheels Up Revenue by Segment
Revenue by Segment
Flight Revenue
CapyFin.comMembership Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income