Thank you, Rob.
great like larger Vancouver. we New once now I'd air Blade was growing in, York an highly-concentrated even dive passenger both in City, our our mobility Where to reemphasize have and we business in Before urban progress business. diversifying in
incredibly Our us operate United Blade dedicated well diversification now largest served of and the This has during for MediMobility transplant is jet the transport volatile and human for organ businesses States. the a time industry. coast-to-coast, travel organs transporter consumer in
of all already availability across value leading combined businesses significantly our business usage to strengthened the aircraft our our pricing, we retail of and growing have operators. The improve common are given proposition the economics. improved with Additionally, way paving Blade for medical the aircraft and lines, third-party volumes
the period. revenue December were comparable was mentioned XXXX XXX% walk Rob the the our quarter revenues through $X.X highlights. ahead XXXX Distance, few comparable December versus earlier, million well XXXX In to our million period quarter Short $X.X As I'll the up in versus in XXX% expectations. in XXXX of a growth
continued Our commuter seasonally And to slowest is short quarter from for demand. strong season the second business. benefit business off what
on Helijet completed contributed Our year-over-year acquisition which positive routes, reintroduction also comparison. of to of the Blade Airport we service passenger XXth, November and
institute already quickly We're Mount longstanding integrate to expand MediMobility driven growth by was be their worked revenues million increased have $XX the Jet, $X.X Sinai jet and lung to this period. addition for and several to pleased volume Trinity Trinity, Blade well accounts. a acquisition XXXX clients, team. this combined new partner, as Transport versus within to 's they quarter program year. our transplant supporting Trinity of to Growth accounts XXX% won comparable add our the charter Blade Organ as particularly million Hospital in trip hospital legacy We Turning as in and new the of
to quarter the of Airport XX% our XX% in have new was was recent during service by Flight versus the service, XXXX the Airport, comparable relaunch Turning below flight margin primarily ramp, decline BLADE period. operating flight approximately XXXX as period. breakeven to which, driven the The during period. BLADE any this been decreased in costs. expected, would Margin XX% Absent
increase million company related auditors insurance. support and from our a XXXX now $X.X new one-time public well which and The administrative in business growth, continued costs million, paid in was an million, recurring $X.X non-cash turn XXXX to an driven of status to million comparable compensation million quarter million represents as increased the as costs in transaction-related overhead expenses $X.X by $X in to our December and period. premiums third-party our million, general expenses. to the for to $X.X Let's stock-based of $X.X directors’ of increase G&A primarily of million $X.X officers’ increase corporate $XX.X of as consultants
Excluding basis. team these in $X.X increased of reflecting and enhancement million of expense in comparable $X.X growth percentage consistent $X.X organically and expansion on we one-time to million continued our our XXXX December G&A through XXXX on execute non-cash quarter corporate company G&A public approximately a million period, costs, the as both roughly primarily remained versus and the revenues recurring acquisition. plan, the
increased auditors to headcount to million XXXX in new status related third-party period. but and and increased new improved -$X.X -$X comparable and increased 's lines $X comparable decrease $X.X driven software our to the above driven and period and pre-COVID insurance XXXX fees million pre-COVID EBITDA by $X.X million business primarily million expansion with XXXX $X.X public $X.X an expenses recurring business of Flight excluding primarily marketing expenses of of public Distance the expenses And or XX%, the XXXX activities. December -$X.X million from and non-cash million period, Compared recurring $X.X increased and comparable line marketing by XXXX Our in comparable in BLADE of period, higher XXXX which a primarily development company in and the million. XXXX Selling other X.X our $X.X quarter, D&O activities comparable $X.X Short Margin. period, million the to million decreased EBITDA to as by the $X.X $X.X XXXX increased quarter, million consultants December in marketing company million in The of adjusted attributable December paid marketing increased to associated growth stock-based to selling million the consisting one million incremental Adjusted of increased was decreased negative million compensation quarter the and our driven and comparable revenues versus negative expenses from million. associated the -$X.X expansion. of headcount reflects expenses
Looking into the an seeing start to year. excellent the we're future,
from as year. last we Omicron restrictions implemented emerge late Even
As BLADE March a the quarter-to-date. in limited Vancouver seen XXXX Omicron and Airport to our Rob businesses earlier, we mentioned have impact
material businesses, the we to and do both the not already Importantly, expect are revenues negative improvement quarter. in seeing across impact
we the overall flight low However, March quarter, do in likely expect margins XXXX teens. the in lower
short-lived, service to lower led we consistent in for for Omicron reduce order maintain to a Vancouver. in our our impact of analysis to Given be BLADE This utilization customers. would product offering not be and did Airport
bodes This performance more being and commercial mask booking office workers for greater in are the Fortunately, are flights, returning mandates as travelers eliminated, are well speak, in future. to the immediate our numbers. we
at closely more Airport. BLADE Looking
rebalancing East to run seasonally months annualized passenger in our doubled in travel of to commercial considers and airline that Also since airport, town approximately of Sag destinations flight $XX,XXX February Hampton, including a in Note early approximately it January from to January While the are approximately weeks. $X,XXX Montauk, their as for a within new rate dropped low weak at South Harbor, expect recent York New general. $XX,XXX in December, Hampton, and has landing zones, restrictions distance, West flier short Hampton. we of neighboring
are impact. these As as airport, car meaningful locations we as expect by from little the do XX minutes a
only would dollars Hampton deem if price. one low-to-mid which in remains However, landing single-digit that entirely, a a XXXX. closed of calendar these that despite many In expects BLADE This incredibly our impact only other we airport year use want issues, I million Airport the locations closing, the neighboring conservatively isolated at half highly unlikely, even revenue strong. assumes slightly fliers reiterate growth our of to increased East
were year In With fact, the revenues over prior I'll to XX.X few turn double roughly Rob remarks. a for January our that, closing it period. back
