--- title: "WHEELS UP EXPERIENCE INC | 8-K: FY2025 Q1 Revenue: USD 177.53 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/238430383.md" datetime: "2025-05-01T11:01:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/238430383.md) - [en](https://longbridge.com/en/news/238430383.md) - [zh-HK](https://longbridge.com/zh-HK/news/238430383.md) generator: "portal-rs" --- # WHEELS UP EXPERIENCE INC | 8-K: FY2025 Q1 Revenue: USD 177.53 M Revenue: As of FY2025 Q1, the actual value is USD 177.53 M. EPS: As of FY2025 Q1, the actual value is USD -0.14. EBIT: As of FY2025 Q1, the actual value is USD -80.77 M. ### Segment Revenue - **Total Revenue**: $177.5 million, a decrease of 10% year over year. - **Membership Revenue**: $9.2 million, down 45% year over year. - **Flight Revenue**: $147.6 million, down 2% year over year. - **Other Revenue**: $20.8 million, down 29% year over year. ### Operational Metrics - **Net Loss**: - $99.3 million, compared to - $97.4 million in the previous year. - **Gross Loss**: - $1.1 million, a $15.5 million improvement year over year. - **Adjusted Contribution**: $22.4 million, with an Adjusted Contribution Margin of 12.6%, up 12 percentage points year over year. - **Adjusted EBITDA Loss**: - $24.2 million, a 51% improvement year over year. - **Adjusted EBITDAR Loss**: - $18.8 million, a 54% improvement year over year. ### Cash Flow - **Net Cash Used in Operating Activities**: - $47.9 million, a 35% improvement from - $73.8 million in the previous year. - **Net Cash Provided by Investing Activities**: $16.1 million, compared to $19.6 million in the previous year. - **Net Cash Used in Financing Activities**: - $8.7 million, compared to - $24.3 million in the previous year. ### Unique Metrics - **Total Gross Bookings**: $241.9 million, up 8% year over year. - **Private Jet Gross Bookings**: $205.3 million, up 7% year over year. - **Live Flight Legs**: 10,895, a decrease of 7% year over year. - **Utility**: 38.1, a 23% increase year over year. ### Outlook / Guidance Wheels Up is focused on improving profitability and expanding margins by modernizing its fleet and leveraging its partnership with Delta. The company anticipates higher On-Time Performance, Completion Rate, and Utility as the fleet transitions to a more modern and reliable configuration. Additionally, Wheels Up plans to offer new hybrid travel options with Delta for European destinations, enhancing customer experience. ### Related Stocks - [WSUPW.US](https://longbridge.com/en/quote/WSUPW.US.md) ## Related News & Research - [Oil set for second weekly rise as unsettled US-Iran war crimps supply](https://longbridge.com/en/news/296555193.md) - [IREN Just Passed Its Biggest AI Test as Microsoft and Nvidia Bet Billions](https://longbridge.com/en/news/296533962.md) - [Trump Boosted INTC and DELL: Now He Says ‘Do Magnets’—Are MP and USAR Stocks Next?](https://longbridge.com/en/news/296591886.md) - [Broadcom Stabilizes After Google's $120 Billion Marvell Shock](https://longbridge.com/en/news/296529317.md) - [Surgical Science Sweden (OM:SUS) Stock Rich Margins Meet A Durability Question](https://longbridge.com/en/news/296529240.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**