Wheels Historical Income Statement

UP Stock

USD 1.27 0.04 3.05%

Historical analysis of Wheels Up income statement accounts such as Interest Expense of 49.8 M, Tax Provision of 502.3 K or Interest Income of 9.8 M can show how well Wheels Up Experience performed in making a profits. Evaluating Wheels Up income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wheels Up's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Wheels Up Experience latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Wheels Up Experience is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Wheels Up Experience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About Wheels Income Statement Analysis

Wheels Up Experience Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Wheels Up shareholders. The income statement also shows Wheels investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Wheels Up Income Statement Chart

At this time, Wheels Up's Interest Expense is relatively stable compared to the past year. As of 02/27/2025, Tax Provision is likely to grow to about 502.3 K, while Net Interest Income is likely to drop (31.9 M).

Net Interest Income Selling General Administrative Selling And Marketing Expenses Total Revenue Other Operating Expenses

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Total Revenue

Total revenue comprises all receipts Wheels Up Experience generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Wheels Up Experience. It is also known as Wheels Up overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Wheels Up's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wheels Up Experience current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Wheels Up Experience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	65.9M	58.5M	67.3M	61.0M
Interest Income	3.7M	8.1M	9.4M	9.8M

Depreciation And Amortization Interest Income

Wheels Up income statement Correlations

	Ebit	Net Interest Income	Interest Income	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Non Operating Income Net Other
Ebit		-0.45	-0.82	-0.88	-0.96	-0.96	-0.94	0.68	-0.96	0.98	0.91	-0.95	1.0	-0.95	-0.94	-0.89	0.99	-0.16	0.99	0.91	0.96	0.48
Net Interest Income	-0.45		-0.11	0.47	0.54	0.58	0.58	0.34	0.52	-0.3	-0.06	0.35	-0.42	0.54	0.35	0.39	-0.33	0.93	-0.31	-0.52	-0.32	0.27
Interest Income	-0.82	-0.11		0.74	0.76	0.74	0.73	-0.96	0.77	-0.9	-0.94	0.84	-0.83	0.75	0.84	0.79	-0.89	-0.37	-0.89	-0.75	-0.89	-0.78
Depreciation And Amortization	-0.88	0.47	0.74		0.95	0.94	0.95	-0.56	0.94	-0.86	-0.77	0.91	-0.85	0.95	0.88	0.99	-0.86	0.22	-0.85	-0.9	-0.95	-0.52
Selling General Administrative	-0.96	0.54	0.76	0.95		1.0	1.0	-0.58	1.0	-0.94	-0.82	0.97	-0.94	1.0	0.96	0.95	-0.93	0.27	-0.93	-0.96	-0.95	-0.43
Selling And Marketing Expenses	-0.96	0.58	0.74	0.94	1.0		0.99	-0.55	0.99	-0.93	-0.81	0.95	-0.95	0.99	0.94	0.94	-0.93	0.32	-0.93	-0.95	-0.94	-0.44
Total Revenue	-0.94	0.58	0.73	0.95	1.0	0.99		-0.54	0.99	-0.93	-0.78	0.95	-0.92	1.0	0.94	0.95	-0.91	0.33	-0.9	-0.97	-0.94	-0.44
Gross Profit	0.68	0.34	-0.96	-0.56	-0.58	-0.55	-0.54		-0.6	0.79	0.9	-0.73	0.7	-0.58	-0.72	-0.63	0.77	0.6	0.78	0.56	0.76	0.7
Other Operating Expenses	-0.96	0.52	0.77	0.94	1.0	0.99	0.99	-0.6		-0.95	-0.82	0.98	-0.94	1.0	0.97	0.95	-0.93	0.25	-0.93	-0.97	-0.95	-0.44
Operating Income	0.98	-0.3	-0.9	-0.86	-0.94	-0.93	-0.93	0.79	-0.95		0.94	-0.96	0.97	-0.94	-0.96	-0.89	0.99	-0.01	0.99	0.93	0.97	0.56
Net Income From Continuing Ops	0.91	-0.06	-0.94	-0.77	-0.82	-0.81	-0.78	0.9	-0.82	0.94		-0.89	0.92	-0.8	-0.88	-0.81	0.95	0.25	0.96	0.75	0.92	0.59
Research Development	-0.95	0.35	0.84	0.91	0.97	0.95	0.95	-0.73	0.98	-0.96	-0.89		-0.94	0.97	1.0	0.94	-0.94	0.05	-0.94	-0.91	-0.95	-0.45
Ebitda	1.0	-0.42	-0.83	-0.85	-0.94	-0.95	-0.92	0.7	-0.94	0.97	0.92	-0.94		-0.93	-0.94	-0.86	0.99	-0.13	0.99	0.9	0.94	0.48
Cost Of Revenue	-0.95	0.54	0.75	0.95	1.0	0.99	1.0	-0.58	1.0	-0.94	-0.8	0.97	-0.93		0.96	0.95	-0.92	0.28	-0.92	-0.97	-0.95	-0.44
Total Operating Expenses	-0.94	0.35	0.84	0.88	0.96	0.94	0.94	-0.72	0.97	-0.96	-0.88	1.0	-0.94	0.96		0.91	-0.94	0.06	-0.93	-0.92	-0.93	-0.45
Reconciled Depreciation	-0.89	0.39	0.79	0.99	0.95	0.94	0.95	-0.63	0.95	-0.89	-0.81	0.94	-0.86	0.95	0.91		-0.87	0.12	-0.87	-0.9	-0.96	-0.52
Income Before Tax	0.99	-0.33	-0.89	-0.86	-0.93	-0.93	-0.91	0.77	-0.93	0.99	0.95	-0.94	0.99	-0.92	-0.94	-0.87		-0.04	1.0	0.9	0.97	0.56
Total Other Income Expense Net	-0.16	0.93	-0.37	0.22	0.27	0.32	0.33	0.6	0.25	-0.01	0.25	0.05	-0.13	0.28	0.06	0.12	-0.04		-0.02	-0.3	-0.03	0.31
Net Income	0.99	-0.31	-0.89	-0.85	-0.93	-0.93	-0.9	0.78	-0.93	0.99	0.96	-0.94	0.99	-0.92	-0.93	-0.87	1.0	-0.02		0.89	0.96	0.56
Income Tax Expense	0.91	-0.52	-0.75	-0.9	-0.96	-0.95	-0.97	0.56	-0.97	0.93	0.75	-0.91	0.9	-0.97	-0.92	-0.9	0.9	-0.3	0.89		0.91	0.51
Minority Interest	0.96	-0.32	-0.89	-0.95	-0.95	-0.94	-0.94	0.76	-0.95	0.97	0.92	-0.95	0.94	-0.95	-0.93	-0.96	0.97	-0.03	0.96	0.91		0.6
Non Operating Income Net Other	0.48	0.27	-0.78	-0.52	-0.43	-0.44	-0.44	0.7	-0.44	0.56	0.59	-0.45	0.48	-0.44	-0.45	-0.52	0.56	0.31	0.56	0.51	0.6

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Wheels Up Account Relationship Matchups

Wheels Up income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	23.0M	9.5M	7.5M	41.3M	47.4M	49.8M
Ebit	(62.4M)	(187.7M)	(547.9M)	(444.7M)	(400.3M)	(380.3M)
Net Income Applicable To Common Shares	(96.3M)	(85.4M)	14.2M	(555.2M)	(499.6M)	(474.7M)
Net Interest Income	(22.4M)	(9.5M)	(3.8M)	(26.4M)	(30.4M)	(31.9M)
Interest Income	48.8K	53K	3.7M	8.1M	9.4M	9.8M
Depreciation And Amortization	58.5M	54.2M	65.9M	58.5M	67.3M	61.0M
Selling General Administrative	64.9M	113.3M	183.5M	145.9M	167.8M	117.9M
Selling And Marketing Expenses	55.1M	80.1M	117.1M	88.8M	102.2M	84.0M
Total Revenue	695.0M	1.2B	1.6B	1.3B	1.4B	1.1B
Gross Profit	60.2M	76.6M	39.4M	(37.7M)	(33.9M)	(32.3M)
Other Operating Expenses	757.9M	1.4B	2.0B	1.7B	2.0B	1.4B
Operating Income	(63.0M)	(204.6M)	(384.4M)	(443.6M)	(399.2M)	(379.2M)
Net Income From Continuing Ops	(85.4M)	14.2M	(507.5M)	(631.2M)	(568.1M)	(539.7M)
Research Development	21.0M	33.6M	57.2M	61.9M	71.2M	41.3M
Ebitda	(3.9M)	(133.5M)	(481.9M)	(386.2M)	(347.6M)	(330.2M)
Cost Of Revenue	634.8M	1.1B	1.5B	1.3B	1.5B	1.1B
Total Operating Expenses	123.2M	281.2M	423.8M	464.4M	534.0M	311.3M
Reconciled Depreciation	58.5M	54.2M	65.9M	64.1M	73.7M	62.1M
Income Before Tax	(85.4M)	(197.2M)	(507.4M)	(486.0M)	(437.4M)	(459.3M)
Total Other Income Expense Net	(22.4M)	6.1M	4.6M	(42.4M)	(38.2M)	(36.3M)
Net Income	(101.6M)	(197.2M)	(507.5M)	(487.4M)	(438.6M)	(460.6M)
Income Tax Expense	16.2M	58K	170K	1.4M	1.2M	1.2M

Pair Trading with Wheels Up

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wheels Up position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wheels Up will appreciate offsetting losses from the drop in the long position's value.

Moving against Wheels Stock

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0.67	ASLE	AerSale Corp Earnings Call This Week	Pair Corr
0.67	BZ	Kanzhun Ltd ADR	Pair Corr
0.58	EH	Ehang Holdings Buyout Trend	Pair Corr

The ability to find closely correlated positions to Wheels Up could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheels Up when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wheels Up - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wheels Up Experience to buy it.

The correlation of Wheels Up is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheels Up moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheels Up Experience moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Wheels Up can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Wheels Stock Analysis

When running Wheels Up's price analysis, check to measure Wheels Up's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wheels Up is operating at the current time. Most of Wheels Up's value examination focuses on studying past and present price action to predict the probability of Wheels Up's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheels Up's price. Additionally, you may evaluate how the addition of Wheels Up to your portfolios can decrease your overall portfolio volatility.

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Wheels Historical Income Statement

About Wheels Income Statement Analysis

Wheels Up Income Statement Chart

Net Interest Income

Total Revenue

Other Operating Expenses

Wheels Up income statement Correlations

Wheels Up Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wheels Up income statement Accounts

Pair Trading with Wheels Up

Moving against Wheels Stock

Additional Tools for Wheels Stock Analysis

COMMON DESTINATIONS

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Ebitda	+ 1.0	Ebit
Selling And Marketing Expenses	+ 1.0	Selling General Administrative
Total Revenue	+ 1.0	Selling General Administrative
Other Operating Expenses	+ 1.0	Selling General Administrative
Cost Of Revenue	+ 1.0	Selling General Administrative
Cost Of Revenue	+ 1.0	Total Revenue

Income Tax Expense	- 0.97	Cost Of Revenue
Income Tax Expense	- 0.97	Other Operating Expenses
Income Tax Expense	- 0.97	Total Revenue
Minority Interest	- 0.96	Reconciled Depreciation
Total Operating Expenses	- 0.96	Operating Income
Research Development	- 0.96	Operating Income