Mondee Holdings, Inc.
MOND Consumer Cyclical Travel Services
Mondee Holdings, Inc.’s revenue for fiscal 2023 (year ended December 2023) was $223.3 million, up 40.0% from fiscal 2022. Revenue growth for three consecutive years.
Follow MOND
Mondee Holdings, Inc. (MOND) Piotroski F-score
Mondee Holdings, Inc.'s Piotroski F-score for fiscal 2023 is 3 out of 9: 3 of nine tests of profitability, leverage and efficiency passed.
Piotroski F-score, annual
Embed this chart
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2023 | 3 | — |
How fiscal 2023’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (22.25%) | (39.11%) | Fail | 0 |
| Positive operating cash flow | (21.88m) | (10.61m) | Fail | 0 |
| Rising return on assets | (22.25%) | (39.11%) | Pass | 1 |
| Cash flow above net income | 50.50m | 79.63m | Pass | 1 |
| Falling long-term leverage | 0.46 | 0.55 | Pass | 1 |
| Rising current ratio | 1.07 | 2.10 | Fail | 0 |
| No new shares issued | 77,214,000 | 67,369,000 | Fail | 0 |
| Rising gross margin | 100.00% | 100.00% | Fail | 0 |
| Rising asset turnover | 0.69 | 0.69 | Fail | 0 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 3 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| LIND Lindblad Expeditions compare | 7 |
| TRIP TripAdvisor, Inc. compare | 7 |
| TNL Travel + Leisure Co. compare | 6 |
| AHMA Ambitions Enterprise Management Co. L.L.C compare | 6 |
| TOUR Tuniu Corporation compare | 5 |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 5 |
| YTRA Yatra Online, Inc. compare | 4 |
| MOND Mondee Holdings, Inc. | 3 |
| NTRP NextTrip, Inc. compare | 3 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover