MakeMyTrip CEO Highlights Surge in Travel Demand as Q4 Earnings Exceed Expectations
MakeMyTrip CEO Highlights Surge in Travel Demand as Q4 Earnings Exceed Expectations
In constant currencies, revenue from the air ticketing business grew by 42.9% Y/Y in CC to $55.08 million, the hotels and packages business rose 30.0% in CC to $105.48 million, bus ticketing business increased by 27.1% Y/Y in CC to $23.8 million, and others business climbed 117.6% in CC to $18.53 million.Indian online travel company MakeMyTrip Limited (NASDAQ:MMYT) reported fiscal fourth-quarter 2024 adjusted revenue of $212.53 million, up from $166.11 million a year ago, beating the analyst consensus estimate of $197.42 million.
印度在線旅遊公司MakeMyTrip Limited（納斯達克股票代碼：MMYT）報告稱，2024財年第四季度調整後的收入爲2.1253億美元，高於去年同期的1.6611億美元，超過了分析師共識估計的1.9742億美元。
Adjusted EPS of $0.38 beat the analyst consensus estimate of $0.20.
調整後的每股收益爲0.38美元，超過了分析師共識估計的0.20美元。
Revenues benefited from sustained elevated travel demand in India for domestic and international outbound travel.
收入受益於印度對國內和國際出境旅行的持續增長的旅行需求。
In constant currencies, revenue from the air ticketing business grew by 42.9% Y/Y in CC to $55.08 million, the hotels and packages business rose 30.0% in CC to $105.48 million, bus ticketing business increased by 27.1% Y/Y in CC to $23.8 million, and others business climbed 117.6% in CC to $18.53 million.
按固定貨幣計算，機票業務收入同比增長42.9％，達到5,508萬美元；酒店和套餐業務按CC計算增長30.0％至1.0548億美元；公交票務業務按CC計算同比增長27.1％，達到2380萬美元；其他業務按CC計算，增長117.6％，至1,853萬美元。
Gross bookings surged 23.0% Y/Y to $2.04 billion. Adjusted operating profit improved 70.4% Y/Y to $32.43 million.
總預訂量同比增長23.0％，至20.4億美元。調整後的營業利潤同比增長70.4％，至3,243萬美元。
MakeMyTrip held $607.8 million in cash and equivalents as of March-end.
截至3月底，MakeMyTrip持有6.078億美元的現金及等價物。
CEO Rajesh Magow said, "Indians are embracing the call to travel with a newfound enthusiasm with both leisure and business-related travel demand in India having crossed pre-pandemic levels."
首席執行官拉傑什·馬戈說：“印度人正在以新的熱情接受旅行呼籲，印度的休閒和商務相關旅行需求均已超過疫情前的水平。”
Makemytrip stock gained 194% in the last 12 months. Investors can gain exposure to the stock via Exchange Traded Concepts Trust India Internet & Ecommerce ETF (NYSE:INQQ) and Amplify ETF Trust Amplify Travel Tech ETF (NYSE:AWAY).
在過去的12個月中，Makemytrip的股票上漲了194％。投資者可以通過交易所交易的Concepts Trust India互聯網和電子商務ETF（紐約證券交易所代碼：INQQ）和Amplify ETF Trust Amplify Travel Tech ETF（紐約證券交易所代碼：AWAY）獲得股票敞口。
Price Action: MMYT shares are trading higher by 1.6% at $78.27 at the last check Wednesday.
價格走勢：在週三的最後一次支票中，MMYT股價上漲1.6％，至78.27美元。
Image Via Shutterstock
圖片來自 Shutterstock
