We're in the middle of onboarding more aircraft, which does create some near-term lumpiness for us. And there could be a little bit more of that as we just announced that we'll be buying two more aircraft that are not yet producing revenue flights for us. But in the long term, the more we fly now, the less it costs. Every hour costs a little bit less to fly.

Nov 12, 2024 / receipt, needs a key / Will, CFO | earnings call 2024-11-12 | transcript fc1d5274-ad80-4667-b318-4ca3b046a845 | chars 40132-40492 | segment 40

In Europe, where travel to and from the Alps is the primary driver in the first quarter, weather-related cancellations approximately doubled compared with last year.

May 7, 2024 / receipt, needs a key / Will Hayburn, CFO | earnings call 2024-05-07 | transcript a81f1e45-9a52-46b5-8c11-9761071e76ca | chars 12113-12278 | segment 12

Blade Europe continued to be a positive contributor flight profit this quarter and was flight profit positive for the full year 2023, meaning it covered all costs related to air and inter-terminal ground transportation for our flyers.

Mar 12, 2024 / receipt, needs a key / Will, CFO | earnings call 2024-03-12 | transcript 48ff8ae3-b5ba-4a33-8ce4-f683b9676c1e | chars 15383-15617 | segment 15

After this rewarding year of strong growth, flight profit margin expansion, and cost structure improvements, we are now confident to begin providing guidance to our investors for revenue and adjusted EBITDA for the year ending December 31, 2024, and 2025. For the current year, 2024, we expect to have positive adjusted EBITDA, and for 2025, we expect adjusted EBITDA in the double-digit millions.

Mar 12, 2024 / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2024-03-12 | transcript 48ff8ae3-b5ba-4a33-8ce4-f683b9676c1e | chars 5187-5584 | segment 5

And then the reason that we want to own the aircraft is because it helps us benefit from more pass-through economics. So it goes back to getting those economies of scale and that operating leverage as we fly more. Our agreements right now do allow us to pay a little bit less once we meet that full-year guarantee of flight hours, but you're not getting the continued cost leverage as you fly more above that.

Mar 12, 2024 / receipt, needs a key / Bill, other | earnings call 2024-03-12 | transcript 48ff8ae3-b5ba-4a33-8ce4-f683b9676c1e | chars 25299-25708 | segment 24

As Rob previously mentioned, we're excited to announce the acquisition of eight Hawker 800 aircraft to bolster our medical operations. In our experience, the Hawker platform is longer range and lower cost with more cargo capacity than other aircraft utilized by our competitors. This new arrangement results in both lower costs for our customers and higher margins for Blade. Based on our average utilization of these aircraft in 2023, we should see a 5 to 10 percentage point flight profit margin uplift for flights utilizing these owned aircraft, which will help us to achieve our goal of 25% plus flight profit margins in medical over the coming quarters.

Mar 12, 2024 / receipt, needs a key / Will, CFO | earnings call 2024-03-12 | transcript 48ff8ae3-b5ba-4a33-8ce4-f683b9676c1e | chars 13393-14051 | segment 13

In France, at Nice International Airport, The opening of an on-tarmac security checkpoint will enable our flyers to bypass crowded terminals and proceed directly to their commercial airline gate after landing on a Blade helicopter. This will reduce the travel time between the Blade helicopter arrivals and the commercial gate by 45 minutes or more for all of our European urban air mobility products where passengers are connecting to airlines in Nice.

Nov 8, 2023 / receipt, needs a key / Rob Wiedenthal, CEO | earnings call 2023-11-08 | transcript 1b225b67-8ca9-4a84-ac7b-aa4e06bc0f4e | chars 5335-5788 | segment 5

In closing, our hard work continues as we remain committed to expanding flight profit margins, optimizing our cost base, and adding profitable new business lines like our new organ matching service to maximize free cash flow generation.

Nov 8, 2023 / receipt, needs a key / Rob Wiedenthal, CEO | earnings call 2023-11-08 | transcript 1b225b67-8ca9-4a84-ac7b-aa4e06bc0f4e | chars 15911-16147 | segment 16

And the other thing that we talked about in the past is bringing in dedicated vehicles. You know, we use a lot of third-party grounds when we're growing quickly, but we have so much scale and a lot of markets now, it can be a lot more efficient, a better service we can provide, and at a lower cost to our customers if we go ahead and buy our own Lights and Sirens SUVs and then provide that ground transportation ourselves. And then that gets us to kind of 30% plus flight profit margins on the ground portion.

Nov 8, 2023 / receipt, needs a key / Will, other | earnings call 2023-11-08 | transcript 1b225b67-8ca9-4a84-ac7b-aa4e06bc0f4e | chars 39046-39557 | segment 38

This was driven by a significant increase in flight profit that outpaced growth in our adjusted corporate expense. Importantly, our first quarter results set a strong foundation for the balance of the year, and we remain on track with our commitment to deliver a significant improvement in full-year adjusted EBITDA in 2023 versus 2022.

May 11, 2023 / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2023-05-11 | transcript 3d254b39-4f1c-489c-9e76-581bb80d8bef | chars 3388-3724 | segment 3

The increased loss versus the prior year primarily reflects our results in Blade Europe where flight profit generated in the quarter did not cover our fixed costs and lower results in our jet other business line.

May 11, 2023 / receipt, needs a key / Will Habern, CFO | earnings call 2023-05-11 | transcript 3d254b39-4f1c-489c-9e76-581bb80d8bef | chars 20816-21028 | segment 21

We will continue to capitalize on our momentum to drive brand awareness for Blade and incentivize referrals with ambassadors, promoters, concierges, and travel agencies throughout Europe.

May 11, 2023 / receipt, needs a key / Rob Wiesenthal, CEO | earnings call 2023-05-11 | transcript 3d254b39-4f1c-489c-9e76-581bb80d8bef | chars 7129-7316 | segment 7

Strata’s organ recovery platform potential cost savings versus select competitors: ~30% per completed case and ~40% on dry runs

ir_statement / Sep 16, 2026 / receipt

Gross profit approximately doubled year-over-year to $14.1 million driven by growth in Logistics and the addition of our Clinical business through the Keystone acquisition.

ir_statement / Sep 16, 2026 / receipt

On a sequential basis, Adj. SG&A increased $0.3 million to $9.2 million driven primarily by investments in resources and infrastructure to support growth in the business

ir_statement / Sep 16, 2026 / receipt

Total revenue increased 87.4% year-over-year to $67.4 million driven by organic growth in Logistics of 32.4% and an especially strong contribution from Clinical, which grew 12.7% sequentially vs. Q4 2

ir_statement / Sep 16, 2026 / receipt

High single digit organic revenue growth at the midpoint

ir_statement / Sep 16, 2026 / receipt

Low-risk margin expansion through fixed cost leverage

ir_statement / Sep 16, 2026 / receipt

Nationwide scale with locally-based service model reduces cost and improves reliability for customers

ir_statement / Sep 16, 2026 / receipt

Strata has nearly $200 million of potential liquidity(1) to deploy in low-risk roll-up strategy

ir_statement / Sep 16, 2026 / receipt

Low-risk margin expansion through fixed cost leverage

ir_statement / Sep 16, 2026 / receipt

Nationwide scale with locally-based service model reduces cost and improves reliability for customers

ir_statement / Sep 16, 2026 / receipt

Strata has nearly $200 million of potential liquidity(1) to deploy in low-risk roll-up strategy

ir_statement / Sep 16, 2026 / receipt

On a sequential basis, Adj. SG&A increased $0.3 million to $9.2 million driven primarily by investments in resources and infrastructure to support growth in the business

ir_statement / Sep 16, 2026 / receipt