UP
Income statement / Annual
Last year (2023), Wheels Up Experience Inc.'s total revenue was $1.25 B,
a decrease of 20.66% from the previous year.
In 2023, Wheels Up Experience Inc.'s net income was -$487.39 M.
See Wheels Up Experience Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$1.25 B
|
$1.58 B
|
$1.19 B
|
$694.98 M
|
$384.91 M
|
$332.14 M
|
| Cost of Revenue |
$1.29 B |
$1.54 B |
$1.12 B |
$634.78 M |
$340.67 M |
$276.43 M |
| Gross Profit |
-$37.72 M |
$39.44 M |
$76.63 M |
$60.21 M |
$44.24 M |
$55.71 M |
| Gross Profit Ratio |
-0.03 |
0.02 |
0.06 |
0.09 |
0.11 |
0.17 |
| Research and Development
Expenses |
$61.87 M
|
$57.24 M
|
$33.58 M
|
$21.01 M
|
$13.97 M
|
$10.20 M
|
| General & Administrative
Expenses |
$145.87 M
|
$183.53 M
|
$113.33 M
|
$64.89 M
|
$28.43 M
|
$13.53 M
|
| Selling & Marketing
Expenses |
$88.83 M
|
$117.11 M
|
$80.07 M
|
$55.12 M
|
$40.62 M
|
$42.05 M
|
| Selling, General &
Administrative Expenses |
$234.70 M
|
$300.64 M
|
$193.40 M
|
$120.01 M
|
$69.05 M
|
$64.28 M
|
| Other Expenses |
$109.26 M |
$65.94 M |
$54.20 M |
-$17.85 M |
$39.35 M |
$0.00 |
| Operating Expenses |
$464.37 M |
$423.82 M |
$281.18 M |
$123.17 M |
$122.37 M |
$108.19 M |
| Cost And Expenses |
$1.70 B |
$1.96 B |
$1.40 B |
$757.95 M |
$463.04 M |
$384.62 M |
| Interest Income |
$6.12 M |
$3.67 M |
$53,000.00 |
$550,000.00 |
$615,000.00 |
$30.76 M |
| Interest Expense |
$41.26 M |
$7.52 M |
$9.52 M |
$22.99 M |
$29.36 M |
$0.00 |
| Depreciation &
Amortization |
$58.53 M
|
$65.94 M
|
$54.20 M
|
$58.53 M
|
$39.35 M
|
$33.23 M
|
| EBITDA |
-$386.22 M
|
-$481.93 M
|
-$133.46 M
|
-$3.89 M
|
-$38.16 M
|
-$18.77 M
|
| EBITDA Ratio |
-0.31 |
-0.2 |
-0.13 |
-0.01 |
-0.1 |
-0.06 |
| Operating Income Ratio
|
-0.35
|
-0.24
|
-0.17
|
-0.09
|
-0.2
|
-0.16
|
| Total Other
Income/Expenses Net |
-$42.45 M
|
$4.63 M
|
$6.11 M
|
-$22.44 M
|
-$28.75 M
|
-$30.76 M
|
| Income Before Tax |
-$486.00 M |
-$507.38 M |
-$197.17 M |
-$85.41 M |
-$106.87 M |
-$83.24 M |
| Income Before Tax Ratio
|
-0.39
|
-0.32
|
-0.17
|
-0.12
|
-0.28
|
-0.25
|
| Income Tax Expense |
$1.38 M |
$170,000.00 |
$58,000.00 |
$16.23 M |
$18.76 M |
$0.00 |
| Net Income |
-$487.39 M |
-$507.55 M |
-$197.23 M |
-$101.63 M |
-$125.63 M |
-$83.24 M |
| Net Income Ratio |
-0.39 |
-0.32 |
-0.17 |
-0.15 |
-0.33 |
-0.25 |
| EPS |
-3.69 |
-20.66 |
-9.63 |
-4.14 |
-5.12 |
-3.39 |
| EPS Diluted |
-3.69 |
-20.66 |
-9.63 |
-4.14 |
-5.12 |
-3.39 |
| Weighted Average Shares
Out |
$132.19 M
|
$24.57 M
|
$20.48 M
|
$24.53 M
|
$24.53 M
|
$24.53 M
|
| Weighted Average Shares
Out Diluted |
$132.19 M
|
$24.57 M
|
$20.48 M
|
$24.53 M
|
$24.53 M
|
$24.53 M
|
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