Blade Air Mobility, Inc. released its financial results for the second quarter ended June 30, 2025. The company reported significant changes in its financial performance due to the discontinuation of its operations in Canada on August 31, 2024. As a result, revenue, Short Distance, and Passenger revenue are now presented excluding the impact of the prior year period's Canadian activity to enhance comparability. Blade has also highlighted non-GAAP measures such as Adjusted EBITDA, which is used to provide a clearer understanding of its operating performance by excluding items like depreciation, amortization, and other non-recurring expenses. The company has not provided specific financial figures or guidance in this release, but it emphasized the unpredictability and potential significant impact of various financial items on future GAAP results.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.