Mondee Investor Presentation
Reconciliation of GAAP to Non-GAAP Financial Measures
LBF US Divestiture PROFORMA³
Gross bookings
Divested LBF US gross bookings
Proforma gross bookings
YoY growth
QoQ growth
Proforma take rate
Net revenue
Divested LBF US Net Revenue
Proforma net revenue
YoY growth
QoQ growth
Adjusted EBITDA
Divested LBF US adjusted EBITDA
Proforma adjusted EBITDA
Adjusted EBITDA Margin
Net income ( loss)
Divested LBF US net income (loss)
Proforma net income (loss)
Divested LBF US Adjusted EBITDA
Reconciliation
Divested LBF US net income (loss)
Depreciation & amortization
One-time expenses
Divested LBF US adjusted EBITDA
FY22
2,148,801
244.167
1,904,634
2
6.7%
159,484
32,784
126,700
11,881
(5,314)
17,195
13.6%
1Q23
668,079
56.333
611,746
52%
36%
FY22
(9,142)
685
3.143
(5,314)
7.4%
49,929
4,519
45,410
54%
54%
4,157
(4,372)
8,529
18.8%
(90,238) (12,915)
(9,142)
(5.296)
(81,096)
(7,619)
1Q23
(5,296)
172
752
(4,372)
2Q23
679,244
29.781
649,463
23%
6%
8.4%
56,771
2,226
54,545
56%
20%
4,438
(881)
5,319
9.8%
(14,608)
(1,303)
(13,305)
2Q23
(1,303)
172
250
(881)
3Q23
597,451
=
597,451
15%
(8)%
9.1%
54,532
54,532
66%
-%
5,501
5,501
10.1%
(20,099)
=
(20,099)
3Q23
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1
Net loss per share (EPS) includes cumulative dividends allocated to preferred stock holders.
Adjusted loss per share for 2022 and 2023 interim periods are updated by including the impact of cumulative dividends
allocated to preferred stock holders and the anti-dilutive effect of diluted shares.
3
The unaudited pro forma financial information presented the results of operations as if the divestiture of LBF US was
consummated on January 1, 2022. These unaudited pro forma results are presented for informational purposes only and
are not necessarily indicative of what the actual results of operations of the company would have been if the divestiture
had occurred at the beginning of the period presented, nor are they indicative of future results of operations.View entire presentation