Mondee Holdings Inc

Mondee Holdings Inc. is a travel technology, service, and content company that drives disruptive innovative change in the leisure and corporate travel markets. The firm delivers a revolutionary technology platform of SaaS, mobile, and cloud products and services. It connects a network of 50,000+ leisure travel advisors and gig economy workers to 500+ airlines and over 1 million hotel and vacation rentals, packaged solutions, and ancillary offerings. The company was founded by Prasad Gundumogula in 2011 and is headquartered in Austin, TX.

Earnings data Q2 2022

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Mondee Holdings Inc reports strong Q4 earnings, eyes Asia expansion

Mondee Holdings Inc's Q4 2022 earnings call showcased robust financial performance, strategic acquisitions, and technological advancements driving revenue growth. While facing challenges from industry trends and operational dynamics, the company is poised for significant growth in 2023, particularly in key markets like Asia and Latin America.

Mondee Holdings Inc reports robust Q1 results and eyes growth

Mondee Holdings Inc showcased strong Q1 performance and strategic acquisitions, setting a positive tone for future growth.
Challenges in revenue guidance adjustments and market impact require focused attention for sustained success.
Opportunities lie in further revenue growth, market expansion, and leveraging fintech advancements for enhanced performance.

Mondee Holdings Inc reports stellar Q2 growth amidst seasonality challenges

Mondee Holdings Inc's Q2 2023 performance reflects robust revenue growth, driven by AI innovation, strategic acquisitions, and marketing initiatives targeting key demographics.
While facing challenges related to seasonality and pricing dynamics, Mondee is focused on leveraging opportunities in AI technology, market expansion, and customer acquisition strategies for sustained growth.
Investors should monitor Mondee's progress in executing its growth strategies, addressing seasonality challenges, and capitalizing on opportunities in the evolving travel market landscape.

Mondee reports robust Q3 earnings, eyes AI for growth

Mondee Holdings Inc's Q3 2023 performance reflects strong growth in gross bookings, net revenue, and adjusted EBITDA, underpinned by strategic initiatives in AI and marketplace expansion.
While facing challenges in certain regions and business unit disposals, Mondee's financial stability, cash position, and focus on profitability signal resilience and long-term growth potential.
Opportunities lie in leveraging AI technology, expanding in high-growth markets, and driving operational efficiency, positioning Mondee for sustained success and value creation.

Mondee Holdings Inc reports record revenues and strong growth outlook

Mondee Holdings Inc delivered strong financial results in 2023, with record net revenues, improved profitability, and significant growth in adjusted EBITDA. The company's focus on technological innovation, market expansion, and strategic planning positions it for continued success.
Despite facing challenges in managing operating expenses and staying competitive in a dynamic market, Mondee's strengths in revenue diversification, AI advancements, and strategic guidance provide a solid foundation for future growth. Opportunities exist for the company to further expand its market presence and enhance customer engagement.
With a positive outlook for 2024 and a commitment to profitability and innovation, Mondee is well-positioned to navigate challenges, capitalize on opportunities, and drive sustained growth in the travel industry. Investors can look forward to continued performance and strategic advancements from the company.

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Mondee Holdings Inc. is a travel technology company, which engages in the provision of a state-of-the art platform, technologies, apps, operating systems, and technology-enabled services that seamlessly facilitate travel transactions to serve travelers through travel affiliates and emerging channels. It operates through the Travel Marketplace and SAAS Platform segments. The Travel Marketplace segment is involved in the selling of airline tickets through a proprietary platform. The SAAS Platform segment offers corporate travel cost savings solutions through its own technology platform. The company was founded by Prasad Gundumogula in 2011 and is headquartered in Austin, TX.

AUSTIN, Texas, April 19, 2023 (GLOBE NEWSWIRE) -- Mondee Holdings Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a technology-driven, next-generation marketplace in a $1 trillion segment of the travel market, today announced the appointment of Jesus Portillo as its new Chief Financial Officer (“CFO”) based in the company's Austin, Texas headquarters effective immediately.

Mondee Welcomes Former WPP PLC Executive Jesus Portillo as Chief Financial Officer

As part of Mondee's Influencer and Affiliate Network, TISSINI's closed group of 55,000 Hispanic women now have access to state-of-the-art travel technology, exclusive content and revenue opportunities. As part of Mondee's Influencer and Affiliate Network, TISSINI's closed group of 55,000 Hispanic women now have access to state-of-the-art travel technology, exclusive content and revenue opportunities.

Mondee and TISSINI Partner to Empower Hispanic Women as Successful Travel Entrepreneurs

Mondee Holdings, Inc. (NASDAQ:MOND ) Q4 2022 Earnings Conference Call February 28, 2023 8:30 AM ET Company Participants Jeff Houston - Senior Vice President, Investor & Public Relations Prasad Gundumogula - Chairman, Chief Executive Officer, and Founder Dan Figenshu - CFO Orestes Fintiklis - Vice Chairman and Chief Corporate Strategy and Business Development Officer Jim Dullum - COO Conference Call Participants Darren Aftahi - Roth MKM Tom White - DA Davidson Brett Knoblauch - Cantor Fitzgerald Mike Grondahl - Northland Securities Jed Kelly - Oppenheimer Operator Good day and welcome to the Mondee Fourth Quarter and Full-Year 2022 Earnings Conference Call. Please note this event is being recorded.

Mondee Holdings, Inc. (MOND) Q4 2022 Earnings Call Transcript

- 2022 Gross Revenue of $2.2B 1 , 2.2x 2021's $996M - 2022 Net Revenue of $159 M 1 , 171% of 2021 - 2022 Adjusted EBITDA of $16 M 1 , an increase of over $20M from $(5) M in 2021 - 2023 Annual Guidance of Net Revenue to $240-250M, an increase of 47% at midpoint - Completed Acquisition of Orinter in Brazil, Expanding Footprint to Brazil and Latin America

Mondee Announces Fourth Quarter and Full Year 2022 Preliminary Financial Results

AUSTIN, Texas, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc . (Nasdaq: MOND) (“Mondee” or the “Company”), a technology-driven, next-generation marketplace in a $1 trillion segment of the travel market, today announced the date for its fourth quarter and full year 2022 earnings call, for the period ended December 31, 2022.

Mondee to Report Fourth Quarter and Full Year 2022 Financial Results on February 28, 2023

Mondee resumes its accretive M&A strategy by acquiring complementary, synergistic businesses that expand its geographic footprint and enhance its marketplace Mondee resumes its accretive M&A strategy by acquiring complementary, synergistic businesses that expand its geographic footprint and enhance its marketplace

Mondee Acquires Leading Brazilian B2B Travel Company, Orinter, Strengthening its Global Position as a Modern Marketplace Comprising Travel Content and Experiences in the Global Gig Economy

Seasoned Marketing Leader to Spearhead Growth and the Launch of Next-Gen Travel Tech Solutions Across the Leisure Travel Category Seasoned Marketing Leader to Spearhead Growth and the Launch of Next-Gen Travel Tech Solutions Across the Leisure Travel Category

Mondee Names Former Microsoft and Amazon Marketing Executive Kymber Lowe as Chief Marketing Officer

- Gross Revenue of $600M Increased 172% Year-Over-Year - Net Revenue of $39.5M Increased 73% Year-Over-Year - Adjusted EBITDA of $3.7M Increased by $3.8M from $(0.1)M in the Same Quarter Last Year - Raises 2022 Annual Guidance of Net Revenue to $155-160M - Completed $85 Million of Preferred Equity to Support Expansion Strategy - Retired all 12M Public Warrants via Tender Process

Mondee Announces Third Quarter 2022 Financial Results

AUSTIN, Texas, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms and brands in the leisure and corporate travel sectors, today announced the date for its third quarter 2022 earnings call, for the period ended September 30, 2022.

Mondee to Report Third Quarter 2022 Financial Results on November 10, 2022

The assisted and affiliated consumer travel is ripe for disruption. Mondee Holdings, Inc.'s platform provides access to a wide range of content and fares.

Mondee: Upcoming Key Player In The Travel Technology Industry

AUSTIN, Texas, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms and brands in the leisure and corporate travel sectors, today announced that it successfully completed a tender process which, when combined with the contemplated redemption of untendered warrants, will lead to a simplified capital structure with no public warrants.

Mondee Announces Expiration and Results of Offer to Purchase and Consent Solicitation Relating to Its Warrants

AUSTIN, Texas, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms and brands in the leisure and corporate travel sectors, today announced that it closed a private offering (the “Preferred Financing”) of $85 million of its Series A Preferred Stock (the “Preferred Stock”). Proceeds from the Preferred Financing will be used to fund Mondee's M&A strategy, other growth opportunities and general corporate purposes.

Mondee Announces $85 Million Preferred Equity Financing to Support its Expansion Strategy

AUSTIN, Texas, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms and brands in the leisure and corporate travel sectors, today announced that it has commenced an offer to purchase (the “Offer”) all of its outstanding public warrants (the “Public Warrants”) and private placement warrants (the “Private Placement Warrants” and, together with the Public Warrants, the “Warrants”) to purchase shares of its Class A common stock, par value $0.0001 per share, at a purchase price of $0.65 in cash, without interest. The purpose of the Offer is to reduce the number of shares of Class A common stock that would become outstanding upon the exercise of Warrants, thus providing investors and potential investors with greater certainty as to Mondee's capital structure.

Mondee Announces Commencement of an Offer to Purchase and Consent Solicitation Relating to its Warrants

AUSTIN, Texas--(BUSINESS WIRE)--Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms and brands in the leisure and corporate travel sectors, today announced financial results for the second quarter ended June 30, 2022. Mondee completed a business combination with ITHAX Acquisition Corp., a Cayman Islands exempted company (“ITHAX”), on July 18, 2022 and since July 19, 2022,

Mondee Announces Second Quarter 2022 Financial Results

AUSTIN, Texas--(BUSINESS WIRE)--Mondee Holdings, Inc. (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms and brands in the leisure and corporate travel sectors, today announced that its second quarter 2022 results, for the period ended June 30, 2022, will be released on Monday, August 15, 2022, before the market opens. The Company will host a conference call at 5:30 a.m. (PST) / 7:30 a.m. (CST) / 8:30 a.m. (

Mondee Holdings, Inc. to Report Second Quarter 2022 Financial Results on August 15, 2022

SAN MATEO, Calif. & NEW YORK--(BUSINESS WIRE)--Mondee Holdings, Inc. (“Mondee” or “the Company”) (NASDAQ: MOND), the high-growth, travel technology company and marketplace, today announced that Orestes Fintiklis has been appointed to the role of Vice Chairman of the Board and Chief Corporate Strategy and Business Development Officer. In his new role, Mr. Fintiklis will provide assistance in overseeing various roles including business development, strategic advisory, mergers & acquisitions a

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