Mondee reported a strong second quarter with net revenue of $58.3 million, a 3% increase year-over-year. The company's adjusted EBITDA increased by 38% to $6.1 million, and the take rate improved by 20 basis points to 8.6%. The company is also refinancing its term loan and preferred equity to secure favorable terms for long-term growth.

Mondee reported a strong start to 2024 with record first-quarter net revenues and adjusted EBITDA. Net revenues grew by 16% year-over-year, driven by expansion in product and geography, and the company generated positive free cash flow. Cash reserves increased by over 30% compared to Q4 2023.

Mondee reported a strong Q3 2023 with a 35% increase in net revenue to $54.5 million and a 54% increase in Adjusted EBITDA to $5.5 million. The company's take rate also increased by 31% to 9.1%. They also acquired Purplegrids, an AI platform, on November 13, 2023.

Mondee Holdings, Inc. announced strong second quarter 2023 results, with net revenue of $56.8 million, a 124% increase compared to Q2 2022. The company launched its AI Travel Marketplace and increased its 2023 net revenue guidance to $245-$250 million.

Mondee reported a strong first quarter in 2023, with a 128% increase in net revenue and an 80% increase in adjusted EBITDA compared to the first quarter of 2022. The company's net revenue reached approximately $50 million, and adjusted EBITDA nearly doubled to $4 million. Mondee also raised its full-year net revenue guidance to $240-$245 million.