)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Mondee
Mondee (MOND) investor relations material
Mondee has been otc
Mondee Q2 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2024 earnings summary14 Aug, 2024
Executive summary
Q2 2024 net revenues reached $58.3M, up 3% year-over-year, with adjusted EBITDA rising 38% to $6.1M and margin expanding to 10.5%.
Transactions grew 57% year-over-year to over 1.1 million, driven by international expansion and non-air product growth.
Non-air revenue mix increased to 47% of net revenue, up from 42% year-over-year.
Comprehensive refinancing extended term loan and preferred equity maturities, enhancing long-term financial flexibility.
Net loss widened to $25.5M, including $19.1M in non-cash or non-recurring items.
Financial highlights
Gross bookings for Q2 2024 were $678M, flat year-over-year due to lower average transaction values.
Take rate improved by 20 basis points to 8.6%, driven by higher-margin hotel and package products.
Adjusted EBITDA margin increased to 10.5% from 7.8% in Q2 2023.
Sales and marketing expenses declined to 65% of net revenue from 71% year-over-year.
Free cash flow for H1 2024 was $3.3M, a significant improvement from $(16.9)M in H1 2023.
Outlook and guidance
FY 2024 net revenues expected between $240M and $250M, up 10% at midpoint versus 2023.
Adjusted EBITDA guidance for 2024 is $25M–$30M, up 42% at midpoint.
Expectation for average revenue per ticket to stabilize at $50–$55 in 2024 and rise to $60–mid-$60s in 2025.
Guidance reflects impact of working capital and FinTech credit constraints due to refinancing delays.
Long-term targets include mid-teens take rate and adjusted EBITDA margin of 30%+.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Mondee
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Mondee Holdings Inc. is a technology-driven travel services company that operates a marketplace platform for travel agents, gig economy workers, and other travel intermediaries. The company's platform provides access to a wide range of travel products, including flights, hotels, and rental cars, with a focus on delivering cost-effective solutions for both leisure and corporate travelers. Mondee leverages AI, machine learning, and data analytics to offer dynamic pricing and personalized travel experiences, aiming to modernize and streamline the travel booking process. The company is headquartered in Austin, Texas, and its shares are listed on the Nasdaq.