Mondee Investor Presentation Deck
Reconciliation of GAAP to Non-GAAP Financial Measures
KEY METRICS
Transactions
Take rate
Gross bookings
Net revenue
YoY Growth
QoQ Growth
ADJUSTED EBITDA
RECONCILIATION
Net income (loss)
Interest expense (net)
Stock-based compensation expense
Payroll tax expense related to stock-
based compensation
Depreciation & amortization
Restructuring expense
Changes in fair value of Warrant
liability
Legal expense
Income tax provision
Gain on forgiveness of PPP loan
Warrant transaction expense
M&A costs
LBF US divestiture and transition
service expense
Other expenses (income), net
Change in fair value of acquisition
earnout liability
Other non-recurring expenses
Sale of export incentives
Adjusted EBITDA
Adjusted EBITDA margin
1Q22 2Q22 3Q22 4Q22 FY22 1Q23 2Q23 3Q23
462,931 549,729 591,760 533,110 2,137,530 665,173 721,464 695,694
8.5% 7.5% 6.9% 6.9% 7.4% 7.5% 8.4% 9.1%
459,091 606,475 583,388 499,847 2,148,801 668,079 679,244 597,451
39,067 45,656 40,513 34,248 159,484 49,929 56,771 54,532
190% 94% 77% 3% 71%
28% 24% 35%
17% 17% (11)% (15)%
46% 14% (4)%
1Q22 2Q22 3Q22 4Q22
(6,991) (2,113) (64,608) (16,526)
6,102 6,467 7,129 6,319
80
81 55,236 6,645
2,817 2,769
|||||
(14)
165
236
(2,009)
T
2,963 3,221 11,770
2,130 412 2,542
(683)
791
744
321 (484)
326
(155) 1,060 (603)
(760) 19
(20)
FY22 1Q23 2Q23 3Q23
(90,238) (12,915) (14,608) (20,099)
26,017 7,870 8,125 8,497
62,042 2,561 4,804 2,974
760
2,213 4,516 3,567 1,585
9.9% 8.8% 4.6%
5.7%
108
744
127
(2,009)
326
288
(596)
760
11,881
7.4%
86
3,386 3,803
1,529 (168)
21
662
699
279
(393)
577
2,008
171
264
(322) (984)
140
4,165
239
(744)
785
381
545
9,327
(138)
530 (593)
394
22
216
4,157 4,438
5,501
8.3% 7.8% 10.1%View entire presentation