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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.
Revenue by Segment
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
Historical Earnings Impact
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Avg. Return Before/After Earnings
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