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Mondee Holdings (Mondee Holdings) EBIT : $-41.8 Mil (TTM As of Mar. 2024)


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What is Mondee Holdings EBIT?

Mondee Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-8.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-41.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mondee Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -14.35%. Mondee Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -162.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mondee Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12.53%.


Mondee Holdings EBIT Historical Data

The historical data trend for Mondee Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mondee Holdings EBIT Chart

Mondee Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-36.06 -17.41 -70.17 -36.95

Mondee Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.00 -4.19 -10.98 -17.79 -8.88

Competitive Comparison of Mondee Holdings's EBIT

For the Travel Services subindustry, Mondee Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mondee Holdings's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mondee Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mondee Holdings's EV-to-EBIT falls into.



Mondee Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-41.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mondee Holdings  (NAS:MOND) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Mondee Holdings's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-33.904 * ( 1 - -3.43% )/( (253.741 + 234.949)/ 2 )
=-35.0669072/244.345
=-14.35 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=392.391 - 127.122 - ( 27.994 - max(0, 161.569 - 173.097+27.994))
=253.741

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=389.266 - 154.102 - ( 38.889 - max(0, 172.04 - 172.255+38.889))
=234.949

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Mondee Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-35.524/( ( (20.543 + max(-17.667, 0)) + (23.247 + max(-41.954, 0)) )/ 2 )
=-35.524/( ( 20.543 + 23.247 )/ 2 )
=-35.524/21.895
=-162.25 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(116.632 + 0 + 15.243) - (127.122 + 9.813 + 12.607)
=-17.667

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.589 + 0 + 14.831) - (154.102 + 5.42 + 0.852)
=-41.954

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Mondee Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-41.83/333.744
=-12.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mondee Holdings EBIT Related Terms

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Mondee Holdings (Mondee Holdings) Business Description

Traded in Other Exchanges
Address
10800 Pecan Park Blvd., Suite 315, Austin, TX, USA, 78750
Mondee Holdings Inc is a travel technology company & marketplace with a portfolio of leisure & corporate travel sectors. It provides platform technologies, operating systems, & services that enable travel transactions to serve travelers directly or through travel affiliates. It has two segments Travel Marketplace & SAAS Platform. The Travel Marketplace segment (transactional business serving the end travelers directly or through travel affiliates) consists of selling airline tickets through the proprietary platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The majority is from the Travel Marketplace segment. Geographically, the key revenue is from the United States.
Executives
Jeff Clarke director COMPUTER ASSOCIATES INTERNATIONAL INC, ONE COMPUTER ASSOCIATES PLAZA, ISLANDA NY 11746
Prasad Gundumogula director, 10 percent owner, officer: Chief Executive Officer 2213 VENETIAN SKY DRIVE, LEANDER TX 78641
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Orestes Fintiklis director, 10 percent owner, officer: Chief Executive Officer 555 MADISON AVENUE, SUITE 11A, NEW YORK NY 10002
Venkat Pasupuleti officer: Chief Technology Officer 2856 CHRONICLE AVENUE, HAYWARD CA 94542
Meredith Waters officer: General Counsel 2616 MARIA ANNA RD., AUSTIN TX 78703
Jesus Portillo officer: Chief Financial Officer 10800 PECAN PARK BLVD, SUITE 315, AUSTIN TX 78750
Madhuri Pasam other: Spouse of 10% Owner 2213 VENETIAN SKY DR, LEANDER TX 78641
Jeffrey David Young 10 percent owner 191 NORTH WACKER DRIVE, SUITE 2350, CHICAGO IL 60606
Origami Capital Partners Llc 10 percent owner 191 NORTH WACKER DRIVE, SUITE 2350, CHICAGO IL 60606
Fly Ocp Llc 10 percent owner 191 NORTH WACKER DRIVE, SUITE 2350, CHICAGO IL 60606
Mondee Holdings, Llc 10 percent owner 2000 ALAMEDA DE LAS PULGAS, SUITE 125, SAN MATEO CA 94403
Noor Sweid director 17 STATE STREET, 21ST FLOOR, NEW YORK CA 10004
Roopa Purushothaman director ASHOK TOWERS, DWING, 003/004 DR B AMBEDKAR MARG PAREL, MUMBAI K7 400012
James Dullum officer: Chief Operating Officer 8800 SOUTH TROPICAL TRAIL, MERRITT ISLAND FL 32952