Mondee (MOND)

Company Profile

Mondee is a leading travel technology, service, and content company driving disruptive, innovative change in the leisure and corporate travel markets. The Company delivers a revolutionary technology platform of SaaS, mobile, and cloud solutions to a global customer base, processing over 50 million daily searches and multi-billion dollars of transactional volume yearly. Mondee is connecting 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. Founded in 2011, Mondee is headquartered in Austin, Texas, with 17 offices in the USA and Canada, and operations in India, Thailand, and Ireland. On July 18, 2022, Mondee completed a business combination with ITHAX Acquisition Corp., a former Cayman Islands exempted company, and has been trading as a publicly listed company on Nasdaq since July 19, 2022 under the ticker symbol “MOND”. For more information, please visit https://www.mondee.com.

Company profile

Ticker

MOND

Exchange

Incorporated

Location

Fiscal year end

Sector

Administrative and Support and Waste Management and Remediation Services > Travel Agencies

Industry (SIC)

Transportation Services

Expedia • Booking • GXO Logistics • GATX • RXO • Virgin Galactic • Tuniu • XPO • Despegar.com • ModivCare ...

Former names

ITHAX Acquisition Corp.

SEC CIK

0001828852

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

MOND stock data

1M 1Y 5Y

Latest filings (excl ownership)

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424B3

Prospectus supplement

10 Mar 23

8-K

Results of Operations and Financial Condition

1 Mar 23

424B3

Prospectus supplement

3 Feb 23

424B3

Prospectus supplement

3 Feb 23

8-K

Entry into a Material Definitive Agreement

3 Feb 23

424B3

Prospectus supplement

2 Feb 23

424B3

Prospectus supplement

2 Feb 23

8-K

Entry into a Material Definitive Agreement

1 Feb 23

424B3

Prospectus supplement

18 Jan 23

424B3

Prospectus supplement

18 Jan 23

Transcripts

MOND

Earnings call transcript

2022 Q4

28 Feb 23

Latest ownership filings

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Change in insider ownership

Beryl Capital Management LLC

Initial statement of insider ownership

26 Jan 23

Financial summary

Financial statements Chart MOND financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	105.23 mm	105.23 mm	105.23 mm	105.23 mm	105.23 mm	105.23 mm
Cash burn (monthly)	(no burn)	(no burn)	21.43 mm	6.85 mm	284.67 k	605.92 k
Cash used (since last report)	n/a	n/a	128.94 mm	41.23 mm	1.71 mm	3.65 mm
Cash remaining	n/a	n/a	-23.71 mm	64.00 mm	103.52 mm	101.58 mm
Runway (months of cash)	n/a	n/a	-1.1	9.3	363.6	167.7

Beta Read what these cash burn values mean

Financial data from Mondee earnings reports.

Institutional ownership, Q4 2022

MOND institutional ownership history Ownership history

86.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	8	45	-82.2%
Opened positions	3	45	-93.3%
Closed positions	40	2	+1900.0%
Increased positions	0	0
Reduced positions	2	0	NEW

13F shares	Current	Prev Q	Change
Total value	108.35 bn	82.25 mm	+131630.1%
Total shares	70.83 mm	74.74 mm	-5.2%
Total puts	0.00	0.00
Total calls	0.00	96.34 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Mondee	60.80 mm	$0.00	0.0%
MS Morgan Stanley	9.69 mm	$105.39 bn	-0.1%
Etf Managers	260.86 k	$2.63 bn	NEW
Geode Capital Management	44.98 k	$454.00 k	0.0%
Cerity Partners	30.00 k	$326.42 mm	NEW
BCS Barclays	4.29 k	$47.00 k	0.0%
UBS UBS Group AG - Registered Shares	140.00	$1.52 mm	-97.8%
Elequin Capital	109.00	$1.19 mm	NEW
Proequities	0.00	$0.00
Aristeia Capital	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Wealthspring Capital	0.00	-401.27 k	EXIT
Schechter Investment Advisors	0.00	-351.34 k	EXIT
HGC Investment Management	0.00	-330.32 k	EXIT
MMCAP International Inc. SPC	0.00	-280.24 k	EXIT
Radcliffe Capital Management	0.00	-268.18 k	EXIT
Etf Managers	260.86 k	+260.86 k	NEW
Calamos Advisors	0.00	-220.90 k	EXIT
Kingstown Capital Management	0.00	-200.00 k	EXIT
Difesa Capital Management	0.00	-200.00 k	EXIT
Cantor Fitzgerald, L. P.	0.00	-194.13 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MOND insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
15 Mar 23	Venkat Pasupuleti	Class A Common Stock, par value $0.0001 per share	Other	Acquire J	No	No	128,946	128,946
15 Mar 23	Prasad Gundumogula	Class A Common Stock, par value $0.0001 per share	Other	Acquire J	Yes	No	587,422	587,422
15 Mar 23	Prasad Gundumogula	Class A Common Stock, par value $0.0001 per share	Other	Acquire J	Yes	No	21,837,168	21,837,168
15 Mar 23	Prasad Gundumogula	Class A Common Stock, par value $0.0001 per share	Other	Acquire J	No	No	3,308,046	9,698,494
15 Mar 23	Prasad Gundumogula	Class A Common Stock, par value $0.0001 per share	Other	Dispose J	Yes	No	60,800,000	0
15 Mar 23	Mondee	Class A Common Stock, par value $0.0001 per share	Other	Dispose J	No	No	60,800,000	0