MakeMyTrip Ltd
NASDAQ:MMYT
Income Statement
Earnings Waterfall
MakeMyTrip Ltd
Revenue
|
728.1m
USD
|
Cost of Revenue
|
-205m
USD
|
Gross Profit
|
523.1m
USD
|
Operating Expenses
|
-466.6m
USD
|
Operating Income
|
56.5m
USD
|
Other Expenses
|
-5.9m
USD
|
Net Income
|
50.5m
USD
|
Income Statement
MakeMyTrip Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
250
N/A
|
255
+2%
|
273
+7%
|
286
+5%
|
292
+2%
|
300
+3%
|
299
0%
|
304
+2%
|
317
+4%
|
336
+6%
|
374
+11%
|
391
+5%
|
426
+9%
|
448
+5%
|
518
+16%
|
588
+13%
|
638
+8%
|
675
+6%
|
621
-8%
|
571
-8%
|
524
-8%
|
486
-7%
|
490
+1%
|
505
+3%
|
527
+4%
|
512
-3%
|
376
-26%
|
279
-26%
|
189
-32%
|
163
-14%
|
190
+16%
|
236
+24%
|
295
+25%
|
304
+3%
|
414
+36%
|
478
+15%
|
533
+12%
|
593
+11%
|
647
+9%
|
684
+6%
|
728
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(150)
|
(149)
|
(157)
|
(162)
|
(161)
|
(161)
|
(157)
|
(158)
|
(163)
|
(167)
|
(174)
|
(175)
|
(176)
|
(174)
|
(172)
|
(175)
|
(174)
|
(176)
|
(176)
|
(175)
|
(172)
|
(173)
|
(163)
|
(161)
|
(166)
|
(154)
|
(105)
|
(75)
|
(36)
|
(22)
|
(24)
|
(32)
|
(56)
|
(59)
|
(100)
|
(123)
|
(152)
|
(178)
|
(194)
|
(202)
|
(205)
|
|
Gross Profit |
100
N/A
|
106
+7%
|
116
+9%
|
125
+8%
|
131
+5%
|
139
+6%
|
142
+2%
|
146
+3%
|
154
+6%
|
169
+10%
|
200
+18%
|
217
+9%
|
250
+15%
|
274
+9%
|
347
+27%
|
413
+19%
|
463
+12%
|
499
+8%
|
445
-11%
|
396
-11%
|
352
-11%
|
313
-11%
|
328
+5%
|
344
+5%
|
361
+5%
|
357
-1%
|
271
-24%
|
204
-25%
|
153
-25%
|
141
-8%
|
166
+17%
|
204
+23%
|
239
+17%
|
245
+3%
|
314
+28%
|
355
+13%
|
381
+8%
|
416
+9%
|
453
+9%
|
483
+6%
|
523
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(121)
|
(123)
|
(129)
|
(135)
|
(144)
|
(153)
|
(159)
|
(169)
|
(191)
|
(233)
|
(289)
|
(325)
|
(345)
|
(394)
|
(522)
|
(621)
|
(716)
|
(716)
|
(642)
|
(572)
|
(516)
|
(466)
|
(488)
|
(496)
|
(501)
|
(484)
|
(692)
|
(620)
|
(552)
|
(208)
|
(218)
|
(238)
|
(272)
|
(271)
|
(321)
|
(349)
|
(362)
|
(392)
|
(415)
|
(442)
|
(467)
|
|
Selling, General & Administrative |
(39)
|
(110)
|
(38)
|
(38)
|
(41)
|
(141)
|
(46)
|
(63)
|
(93)
|
(218)
|
(255)
|
(290)
|
(307)
|
(372)
|
(395)
|
(478)
|
(555)
|
(679)
|
(486)
|
(415)
|
(358)
|
(427)
|
(308)
|
(308)
|
(305)
|
(435)
|
(237)
|
(192)
|
(150)
|
(173)
|
(134)
|
(148)
|
(166)
|
(239)
|
(193)
|
(210)
|
(219)
|
(355)
|
(241)
|
(243)
|
(253)
|
|
Depreciation & Amortization |
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(11)
|
(11)
|
(12)
|
(15)
|
(35)
|
(40)
|
(44)
|
(30)
|
(32)
|
(31)
|
(31)
|
(27)
|
(28)
|
(30)
|
(32)
|
(34)
|
(34)
|
(34)
|
(34)
|
(33)
|
(32)
|
(31)
|
(30)
|
(29)
|
(29)
|
(29)
|
(28)
|
(27)
|
(27)
|
(27)
|
(27)
|
|
Other Operating Expenses |
(77)
|
(7)
|
(85)
|
(90)
|
(95)
|
(5)
|
(105)
|
(98)
|
(90)
|
(7)
|
(22)
|
(24)
|
(25)
|
(7)
|
(92)
|
(103)
|
(118)
|
(7)
|
(124)
|
(126)
|
(127)
|
(12)
|
(151)
|
(158)
|
(164)
|
(15)
|
(421)
|
(393)
|
(368)
|
(2)
|
(52)
|
(60)
|
(76)
|
(3)
|
(99)
|
(111)
|
(116)
|
(9)
|
(146)
|
(171)
|
(187)
|
|
Operating Income |
(21)
N/A
|
(17)
+22%
|
(13)
+19%
|
(11)
+20%
|
(12)
-16%
|
(14)
-16%
|
(17)
-20%
|
(23)
-34%
|
(37)
-61%
|
(64)
-72%
|
(90)
-39%
|
(109)
-21%
|
(95)
+13%
|
(120)
-27%
|
(176)
-46%
|
(208)
-19%
|
(253)
-22%
|
(216)
+15%
|
(197)
+9%
|
(175)
+11%
|
(164)
+7%
|
(153)
+6%
|
(160)
-5%
|
(152)
+5%
|
(140)
+8%
|
(126)
+10%
|
(421)
-233%
|
(415)
+1%
|
(398)
+4%
|
(67)
+83%
|
(53)
+22%
|
(35)
+34%
|
(33)
+3%
|
(26)
+24%
|
(7)
+75%
|
5
N/A
|
19
+254%
|
24
+25%
|
39
+62%
|
41
+7%
|
56
+37%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(18)
|
(6)
|
(14)
|
8
|
33
|
11
|
21
|
4
|
0
|
(6)
|
(13)
|
(8)
|
(5)
|
0
|
3
|
(10)
|
(15)
|
(19)
|
(9)
|
0
|
8
|
2
|
(4)
|
(11)
|
(15)
|
(25)
|
(36)
|
(40)
|
(35)
|
(22)
|
(15)
|
(6)
|
|
Non-Reccuring Items |
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(4)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(303)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(4)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Pre-Tax Income |
(28)
N/A
|
(21)
+25%
|
(16)
+25%
|
(13)
+17%
|
(15)
-15%
|
(18)
-21%
|
(21)
-16%
|
(29)
-35%
|
(44)
-55%
|
(88)
-99%
|
(96)
-8%
|
(123)
-28%
|
(87)
+29%
|
(110)
-27%
|
(164)
-49%
|
(187)
-14%
|
(249)
-33%
|
(220)
+12%
|
(203)
+8%
|
(188)
+8%
|
(172)
+8%
|
(169)
+2%
|
(160)
+5%
|
(150)
+7%
|
(150)
0%
|
(448)
-199%
|
(440)
+2%
|
(424)
+3%
|
(398)
+6%
|
(61)
+85%
|
(51)
+16%
|
(38)
+25%
|
(44)
-16%
|
(47)
-6%
|
(32)
+32%
|
(30)
+4%
|
(21)
+31%
|
(12)
+42%
|
17
N/A
|
26
+57%
|
50
+94%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(11)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
5
|
6
|
1
|
1
|
1
|
0
|
1
|
1
|
0
|
(0)
|
|
Income from Continuing Operations |
(39)
|
(21)
|
(16)
|
(13)
|
(15)
|
(18)
|
(21)
|
(29)
|
(45)
|
(89)
|
(96)
|
(123)
|
(87)
|
(110)
|
(164)
|
(187)
|
(249)
|
(220)
|
(203)
|
(188)
|
(172)
|
(168)
|
(159)
|
(149)
|
(149)
|
(448)
|
(440)
|
(424)
|
(398)
|
(56)
|
(46)
|
(33)
|
(38)
|
(46)
|
(31)
|
(30)
|
(21)
|
(11)
|
17
|
26
|
50
|
|
Income to Minority Interest |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
|
Net Income (Common) |
(39)
N/A
|
(21)
+46%
|
(16)
+25%
|
(13)
+18%
|
(15)
-16%
|
(18)
-23%
|
(21)
-16%
|
(29)
-35%
|
(45)
-55%
|
(89)
-98%
|
(96)
-8%
|
(123)
-28%
|
(87)
+29%
|
(110)
-27%
|
(164)
-49%
|
(187)
-14%
|
(248)
-33%
|
(218)
+12%
|
(201)
+8%
|
(186)
+8%
|
(170)
+8%
|
(168)
+2%
|
(159)
+5%
|
(149)
+6%
|
(150)
0%
|
(448)
-200%
|
(440)
+2%
|
(424)
+4%
|
(398)
+6%
|
(56)
+86%
|
(46)
+18%
|
(33)
+29%
|
(38)
-18%
|
(45)
-19%
|
(31)
+31%
|
(30)
+3%
|
(21)
+30%
|
(11)
+46%
|
17
N/A
|
26
+52%
|
51
+92%
|
|
EPS (Diluted) |
-1.03
N/A
|
-0.55
+47%
|
-0.37
+33%
|
-0.31
+16%
|
-0.36
-16%
|
-0.44
-22%
|
-0.5
-14%
|
-0.68
-36%
|
-1.06
-56%
|
-2.12
-100%
|
-2.3
-8%
|
-2.96
-29%
|
-1.64
+45%
|
-2.09
-27%
|
-1.68
+20%
|
-1.84
-10%
|
-2.45
-33%
|
-2.18
+11%
|
-1.98
+9%
|
-1.77
+11%
|
-1.62
+8%
|
-1.61
+1%
|
-1.53
+5%
|
-1.43
+7%
|
-1.43
N/A
|
-4.26
-198%
|
-4.15
+3%
|
-3.97
+4%
|
-3.71
+7%
|
-0.52
+86%
|
-0.42
+19%
|
-0.29
+31%
|
-0.34
-17%
|
-0.42
-24%
|
-0.28
+33%
|
-0.27
+4%
|
-0.19
+30%
|
-0.1
+47%
|
0.16
N/A
|
0.24
+50%
|
0.45
+88%
|