Wheels Up Experience Inc. (UP) Q4 2022 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone and welcome to Wheels Up's 4Q22 Earnings Confidence Call. My name is Charlie and I'll be coordinating the call today. All lines have been placed on listen only mode to prevent any background noise. You will have the opportunity to ask a question at the end of the presentation. If you'd like to register a question, please press star followed by one on the telephone keypads. I'll now hand it over to our host Keith Ferguson for Wheels Up to begin. Keith, please go ahead. Thank you. This morning we announced our fourth quarter financial results. Their earnings release with its supporting tables as well as a copy of today's presentation can be found on our website at wheelsup.com slash investors. Please refer to the slide with our disclaimer. Today's presentation contains forward-looking statements based on our current forecast and expectations of future events. These statements should be considered estimates only and actual results may differ materially. During today's call, we will refer to non-GAAP financial measures as outlined by SEC guidelines. Unless otherwise noted, all income statement related financial measures will be non-GAAP other than revenue. Reconciliations of GAAP to non-GAAP financial measures and definitions of non-GAAP financial measures are found within the financial tables of our employees and dependents of today's presentation. And with that, I'd like to turn the call over to Wheels Ops Chairman and Chief Executive Officer, Kenny Vindel. Thank you, Keith, and thanks to all of you for joining us today. For today's call, we are prioritizing four topics that we think are most important. One, an update on our business performance for the fourth quarter of 2022. Two, our objectives for 2023. Three, a progress update on our path to EBITDA p...