Mondee Investor Presentation Deck
Reconciliation of GAAP to Non-GAAP Financial Measures
1Q22 2Q22 3Q22 4Q22 FY22 1Q23 2Q23
462,931 549,729 591,760 533,110 2,137,530 665,173 721.464
8.1% 7.2% 6.6%
6.9%
7.2%
7.1%
8.0%
479,595 634,695 600,500 508,062 2,222,851 699,237 707,766
39,067 45,656 39,753 35,008 159,484 49,929 56,771
190% 94% 74%
71%
28%
24%
17% 17% (13)% (12)%
43%
14%
KEY METRICS
Transactions
Take rate
Gross revenue
Net revenue
Yo Y Growth
QoQ Growth
ADJUSTED EBITDA
RECONCILIATION
Net income (loss)
Interest expense (net)
Stock-based comp exp
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
Other expenses (income), net
Change in FV of acquisition earnout
Other non-recurring expenses
Sale of export incentives
Adjusted EBITDA
Adjusted EBITDA margin
Deferred items
Supplier contract renegotiation²
Chargeback recoveries
Total Adjusted EBITDA
Total Adjusted EBITDA margin
FY22
1Q22 2Q22 3Q22 4Q22
1Q23
(5,577) (2,113) (64,321) (18,227)| (90,238) (12,915)
6,102 6,467 7,129 6,319
80
81 55,236 6,645
26,017 7,870
62,042 2,561
2,817 2,769
||||||5
54
236
(2,009)
| |
2,963
2,130
(683)
321
3,627 3,756
9.3%
1
151 (915) 1,080
(760)
3,221
412
791
744
(484)
326
(624)
760
(117)
3,855
8.2% 9.7% (0.3)%
2,768
989
3,640
10.4%
11,770
2,542
108
744
127
(2,009)
326
(308)
(760)
760
11,121
7.0%
2,768
989
14,878
9.3%
3,386
1,529
21
662
699
279
(322)
171
216
4,157
8.3%
2Q23
(14,608)
8,125
4,804
86
3.803
(168)
(393)
577
2,008
264
(984)
530
394
4,438
7.8%
MONDEE
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