Mondee Holdings Inc. (MOND) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
10800 PECAN PARK BLVD, SUITE 400 AUSTIN, TX 78750 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 47 - Transportation Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 27,994 | 87,480 | 525 | |||
| Cash and cash equivalent | 27,994 | 78,841 | 525 | |||
| Short-term investments | 8,639 | |||||
| Other undisclosed cash, cash equivalents, and short-term investments | ||||||
| Restricted cash and investments | 8,000 | |||||
| Receivables | 116,632 | 21,733 | ||||
| Prepaid expense | 24 | |||||
| Contract with customer, asset, after allowance for credit loss | 13,228 | 5,794 | ||||
| Other undisclosed current assets | 7,243 | 4,673 | ||||
| Total current assets: | 173,097 | 119,680 | 549 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 3,232 | 1,384 | ||||
| Property, plant and equipment | 17,311 | 11,332 | ||||
| Intangible assets, net (including goodwill) | 190,085 | 123,790 | ||||
| Goodwill | 88,056 | 66,420 | ||||
| Intangible assets, net (excluding goodwill) | 102,029 | 57,370 | ||||
| Asset, held-in-trust | 241,601 | |||||
| Deferred income tax assets | 752 | |||||
| Other noncurrent assets | 7,871 | 1,674 | ||||
| Other receivable, after allowance for credit loss | 43 | ✕ | ✕ | |||
| Other undisclosed noncurrent assets | 237 | |||||
| Total noncurrent assets: | 219,294 | 138,417 | 241,601 | |||
| TOTAL ASSETS: | 392,391 | 258,097 | 242,150 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 8,149 | 37,063 | ||||
| Accounts payable | 33,749 | |||||
| Accrued liabilities | 8,149 | 3,314 | ||||
| Deferred revenue | 5,686 | 5,828 | ||||
| Debt | 10,828 | 7,514 | ||||
| Provision for loss on contracts | 148 | 377 | ||||
| Business combination, contingent consideration, liability | 4,843 | |||||
| Other liabilities | 407 | |||||
| Due to related parties | ✕ | ✕ | 13 | |||
| Government assistance, liability | ✕ | ✕ | ✕ | |||
| Other undisclosed current liabilities | 131,508 | 6,200 | 212 | |||
| Total current liabilities: | 161,569 | 56,995 | 212 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 150,679 | 126,882 | ||||
| Long-term debt, excluding current maturities | 150,679 | 126,882 | ||||
| Liabilities, other than long-term debt | 39,388 | 20,045 | ||||
| Deferred revenue | 11,797 | 14,656 | ||||
| Deferred income tax liabilities | 12,334 | 307 | ||||
| Liability, pension and other postretirement and postemployment benefits | 301 | 552 | ||||
| Due to related parties | ✕ | ✕ | 197 | |||
| Other liabilities | 8,073 | 2,713 | ||||
| Operating lease, liability | 2,561 | 1,620 | ||||
| Business combination, contingent consideration, liability | 4,322 | |||||
| Government assistance, liability | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 179 | 900 | 15,785 | |||
| Total noncurrent liabilities: | 190,246 | 147,827 | 15,785 | |||
| Total liabilities: | 351,815 | 204,822 | 15,997 | |||
| Temporary equity, including noncontrolling interest | 105,804 | 82,597 | ||||
| Equity | ||||||
| Equity, attributable to parent, including: | (65,228) | (29,322) | (15,448) | |||
| Common stock | 8 | 7 | ||||
| Treasury stock, value | (32,088) | |||||
| Additional paid in capital | 306,326 | 271,883 | ||||
| Accumulated other comprehensive income (loss) | 1,598 | (621) | ||||
| Accumulated deficit | (341,072) | (280,255) | (15,455) | |||
| Receivable from shareholders or affiliates for issuance of capital stock | (20,336) | |||||
| Other undisclosed equity, attributable to parent | 7 | |||||
| Other undisclosed equity | 241,601 | |||||
| Total equity: | (65,228) | (29,322) | 226,153 | |||
| TOTAL LIABILITIES AND EQUITY: | 392,391 | 258,097 | 242,150 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 223,325 | 159,484 | |||
| Gross profit: | 223,325 | 159,484 | |||
| Operating expenses | (243,831) | (225,787) | (834) | ||
| Operating loss: | (20,506) | (66,303) | (834) | ||
| Nonoperating income (expense) | (42,842) | (23,808) | 4,145 | ||
| Other nonoperating income (expense) | (9,677) | 308 | |||
| Interest and debt expense | (35,374) | 2,009 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (98,722) | (88,102) | 3,312 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 35,374 | (2,009) | |||
| Income (loss) from continuing operations before income taxes: | (63,348) | (90,111) | 3,312 | ||
| Income tax expense (benefit) | 2,531 | (127) | |||
| Income (loss) from continuing operations: | (60,817) | (90,238) | 3,312 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 3,312 | |
| Net income (loss) attributable to parent: | (60,817) | (90,238) | 3,312 | ||
| Preferred stock dividends and other adjustments | (11,557) | (25,216) | |||
| Net loss available to common stockholders, diluted: | (72,374) | (90,238) | (21,905) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net income (loss): | (60,817) | (90,238) | 3,312 | ||
| Comprehensive income (loss): | (60,817) | (90,238) | 3,312 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2,219 | (348) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (58,598) | (90,586) | 3,312 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.