Blade Air Mobility's gross profit for the
three
months ended in Dec. 2023 was $9.0 Mil. Blade Air Mobility's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $42.1 Mil.
Blade Air Mobility had a gross margin of 18.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 5 years, the highestGross Margin % of Blade Air Mobility was 20.82%. The lowest was 9.93%. And the median was 15.24%.
Blade Air Mobility Gross Profit Historical Data
The historical data trend for Blade Air Mobility's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Blade Air Mobility's Gross Profit
For the Airports & Air Services subindustry, Blade Air Mobility's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Blade Air Mobility's Gross Profit Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Blade Air Mobility's Gross Profit distribution charts can be found below:
* The bar in red indicates where Blade Air Mobility's Gross Profit falls into.
Blade Air Mobility Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Blade Air Mobility's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.1 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Blade Air Mobility (NAS:BLDE) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Blade Air Mobility had a gross margin of 18.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
Blade Air Mobility Gross Profit Related Terms
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Blade Air Mobility (Blade Air Mobility) Business Description
Blade Air Mobility Inc is a technology-powered air mobility platform that provides consumers with a cost-effective and time-efficient alternative to ground transportation for congested routes. The company's Passenger reporting segment arranges charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes operating in various locations throughout the United States and abroad. The company's Medical reporting segment includes air medical transporters of human organs in the United States, providing end-to-end logistics for transplant centers and organ procurement organizations utilizing helicopters, jets, turboprops and ground vehicles.
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