Mondee Holdings (MONDQ) AI Stock Analysis

• Market Cap: $87.00
• Dividend Yield: N/A
• Average Volume (3M): 1.97M
• Price to Earnings (P/E): ―
• Beta (1Y): -1354.96
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 1,226
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Hotels, Lodging & Leisure
• EPS (TTM): N/A
• Shares Outstanding: 87,416,130
• 10 Day Avg. Volume: 1,664,406
• 30 Day Avg. Volume: 1,971,613
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: ―

Mondee Holdings faces critical challenges, highlighted by its bankruptcy filing, Nasdaq delisting, and poor financial health. Despite revenue growth, the company's high leverage and ongoing restructuring pose significant risks. Technical analysis and valuation metrics further underscore the stock's instability.

Positive Factors

Revenue Growth

Strong revenue growth indicates Mondee's expanding market reach and successful adoption of its platform, which is crucial for long-term sustainability.

Leadership Restructuring

Leadership restructuring and governance enhancement can lead to improved strategic direction and operational stability, supporting long-term growth.

Debt Restructuring

Securing financing during bankruptcy proceedings provides Mondee with the liquidity needed to stabilize operations and potentially emerge stronger.

Negative Factors

Bankruptcy Filing

Bankruptcy filing indicates severe financial distress, posing risks to operations and investor confidence, potentially impacting long-term viability.

High Leverage

High leverage can strain financial flexibility and increase risk, making it challenging to invest in growth opportunities or weather economic downturns.

Negative Cash Flow

Negative cash flow highlights operational inefficiencies and challenges in converting revenue into cash, which can hinder long-term financial health.

Mondee Holdings Business Overview & Revenue Model

Company Description

ITHAX Acquisition Corp is a blank check company.

How the Company Makes Money

Mondee Holdings generates revenue through a commission-based model, earning fees on travel bookings made via its platform. This includes commissions from airlines, hotels, and other travel service providers for facilitating bookings. Additionally, Mondee may earn revenue from subscription or service fees charged to travel agents and agencies for access to premium features or enhanced service offerings on their platform. Partnerships with travel service providers and corporations contribute significantly to Mondee's earnings by broadening the inventory and services available to its clients, thereby increasing transaction volume and potential revenue streams.

Mondee Holdings Financial Statement Overview

Summary

Mondee Holdings demonstrates strong revenue growth; however, profitability and cash flow are problematic, indicated by negative margins and cash flow metrics. High leverage and weak equity position are risks, but improvements in stockholders' equity present some potential.

Income Statement

Mondee Holdings shows a positive revenue growth trend, with a 40.0% increase from 2022 to 2023. However, profitability remains a challenge, as illustrated by a negative net profit margin of -27.2% for 2023. The EBIT and EBITDA margins are also negative, indicating operational inefficiencies.

Balance Sheet

The company has a high debt-to-equity ratio of 4.08, indicating significant leverage. The equity ratio is low at 10.3%, suggesting limited equity cushion. Despite this, stockholders' equity has improved compared to previous years, indicating some balance sheet strengthening.

Cash Flow

Cash flow metrics indicate challenges, with negative operating cash flow and free cash flow for 2023. The free cash flow growth rate is negative, reflecting cash burn. The operating cash flow to net income ratio is negative, showing that earnings are not translating into cash.

Breakdown	TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	232.97M	223.32M	159.48M	93.19M	65.80M
Gross Profit	155.68M	180.26M	60.32M	52.85M	45.14M
EBITDA	-23.27M	-11.91M	-51.69M	-2.04M	-24.64M
Net Income	-78.26M	-60.82M	-90.24M	-38.91M	-41.73M
Balance Sheet
Total Assets	362.80M	392.39M	258.10M	203.34M	223.36M
Cash, Cash Equivalents and Short-Term Investments	23.34M	27.99M	78.84M	15.51M	31.43M
Total Debt	172.46M	165.61M	137.24M	175.68M	161.16M
Total Liabilities	358.69M	351.81M	204.82M	230.16M	214.90M
Stockholders Equity	4.12M	40.58M	53.27M	-26.82M	8.46M
Cash Flow
Free Cash Flow	-13.47M	-33.63M	-17.88M	-19.70M	-7.72M
Operating Cash Flow	1.59M	-21.88M	-10.61M	-15.67M	-3.66M
Investing Cash Flow	-15.35M	-34.05M	-7.42M	-3.11M	-37.71M
Financing Cash Flow	-8.58M	5.37M	81.73M	3.08M	61.09M

Mondee Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
PTLE	42 Neutral	$10.67M	-9.32	-81.61%	―	―	―
MONDQ	39 Underperform	$87.00	―	―	―	―	―