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Wheels Up Experience Inc.

Common Size Income Statement

Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   10-K10-K10-K10-KS-1/A
Revenues  100.0%100.0%100.0%100.0%100.0%
Cost of goods sold  97.5%93.6%91.3%88.5%114.2%
Gross profit  2.5%6.4%8.7%11.5%-14.2%
Sales and marketing  7.4%6.7%7.9%10.6%1.6%
Research and development  3.6%2.8%3.0%3.6% 
General and administrative  11.6%9.5%9.3%7.4% 
EBITDA  -20.8%-14.1%-0.6%-10.1%-5.2%
Depreciation  4.2%4.5%8.4%10.2%10.6%
EBIT  -24.9%-18.6%-9.1%-20.3%-15.8%
Pre-tax income  -35.2%-16.5%-12.3%-27.8%-25.1%
Income taxes  0.0%0.0%0.0%0.0%0.0%
Net income  -35.1%-15.9%-11.3%-25.0%-25.1%

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