For the quarter ending 2025-09-30, UP had $14,536K increase in cash & cash equivalents over the period. -$60,397K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -83,730 | -181,612 |
| Depreciation and amortization | 13,926 | 33,700 |
| Equity-based compensation | 12,499 | 20,956 |
| Payment in kind interest | 13,797 | 26,492 |
| Amortization (accretion) of deferred financing costs and debt discount | 5,004 | 5,694 |
| Loss on extinguishment of debt | - | -60 |
| Gain on sale of aircraft held for sale | 5,425 | 9,429 |
| (gain) loss on disposal of assets, net | -72 | 3,148 |
| Impairment of right-of-use assets | 0 | 20,218 |
| Gain on divestiture | 1,833 | - |
| Other | -3,896 | 765 |
| Accounts receivable | 516 | 4,965 |
| Parts and supplies inventories | -127 | 857 |
| Prepaid expenses | 372 | -1,686 |
| Other non-current assets | -5,078 | -2,095 |
| Accounts payable | -3,645 | 4,748 |
| Accrued expenses | 7,040 | 2,731 |
| Deferred revenue | -15,719 | -24,915 |
| Other assets and liabilities | -12,739 | 3,493 |
| Net cash used in operating activities | -37,122 | -110,804 |
| Purchases of property and equipment | 23,275 | 30,465 |
| Capitalized software development costs | 3,251 | 5,893 |
| Proceeds from sale of divested business, net | 20,689 | 0 |
| Proceeds from sale of aircraft held for sale, net | 29,307 | 55,122 |
| Other | 0 | -1,150 |
| Net cash provided by investing activities | 23,470 | 19,914 |
| Purchase of shares for treasury | 895 | 195 |
| Proceeds from sales of shares of common stock | 47,597 | - |
| Proceeds from long-term debt | 14,355 | 19,551 |
| Repayments of long-term debt | 32,099 | 36,898 |
| Payment of debt issuance costs | 22 | 18 |
| Net cash provided by (used in) financing activities | 28,936 | -17,560 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -748 | 3,224 |
| Net decrease in cash, cash equivalents and restricted cash | 14,536 | -105,226 |
| Cash and cash equivalents at beginning of period | 246,468 | - |
| Cash and cash equivalents at end of period | 155,778 | - |
Wheels Up Experience Inc. (UP)
Wheels Up Experience Inc. (UP)