As you may recall, our controlled Indian subsidiary, Yatra Online Limited ("Yatra India"), filed a Draft Red Herring Prospectus ("DRHP") on March 25, 2022, with the Securities and Exchange Board of India ('SEBI'), which is the main stock market regulatory body in India, for a potential initial public offering and listing of its equity shares on the Indian stock exchanges. We are continuing to work with the regulator to obtain the necessary clearances for the offering. We expect this offering, if completed i ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Financial Data and Key Metrics Changes - Adjusted revenue for Q3 2022 was INR 1,044.9 million (approximately $14 million), representing a 33% increase quarter-over-quarter and a 72% increase year-over-year [11] - Adjusted EBITDA improved by 89% quarter-over-quarter to INR 44 million (approximately $600,000) [13] - The cash balance at the end of the quarter was approximately $21 million, with a significant increase in working capital due to the recovery in corporate business [14][15] Business Line Data and Key Metrics Changes - Air passengers booked increased by 40% year-over-year and 41% sequentially in the December quarter [12] - Hotel room nights were up more than 72% year-over-year and about 18% sequentially [12] - The corporate travel segment is recovering strongly, with volumes reaching about 75% of pre-COVID levels by March 2022 [16] Market Data and Key Metrics Changes - Domestic air travel volumes exceeded 83% of pre-COVID levels, indicating a strong recovery in the travel industry [17] - The mass vaccination program in India has led to over 825 million people (60% of the population) being fully vaccinated, facilitating the reopening of international travel [19] Company Strategy and Development Direction - The company is exploring options for an IPO in India, which is expected to enhance strategic flexibility and shareholder value [9][10] - A strategic partnership with Flipkart and Cleartrip was signed to source domestic hotel content, expected to drive incremental volume and strengthen relationships with hotel partners [18] - The freight business is anticipated to grow significantly, with expected revenues of $4 million to $5 million in fiscal year 2023 [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery in both leisure and business travel, with expectations to meet or exceed pre-COVID levels within the calendar year [19][23] - The company noted that operational efficiencies gained during the pandemic would lead to higher profitability and cash flow [24] - Management highlighted the importance of adapting to a hybrid work environment, which has increased demand for automated travel solutions [41] Other Important Information - The company plans to begin management roadshows in India towards the end of April and aims to complete the IPO by the end of summer 2022 [10] - The competitive intensity in the market has risen moderately, but the company's brand continues to resonate positively with Indian travelers [16] Q&A Session Summary Question: Are you seeing benefits from market share gains in corporate travel? - Management noted early signs of recovery, with corporate travel volumes reaching 75% of pre-COVID levels in March, and expressed optimism for strong recovery in the upcoming months [28] Question: Is the company adequately staffed to meet increased demand? - Management indicated that hiring has occurred primarily in corporate travel, with minimal headcount expansion on the consumer side due to backend automation [29][30] Question: What is the expected cash breakeven level for the company? - Management stated that cash breakeven is expected to occur at quarterly revenues between $18 million to $20 million [46] Question: What are the capital allocation priorities post-IPO? - Management highlighted priorities including growth in freight and corporate travel, increased consumer marketing, and technology investments [42] Question: What EBITDA margins are expected at $100 million in revenue? - Management anticipates EBITDA margins between 15% to 20% at the $100 million revenue level, supported by strong corporate travel uptake and technology adoption [53]

Yatra Online, Inc. (NASDAQ:YTRA) Q2 2022 Results Earnings Conference Call December 21, 2021 8:30 AM ET Company Participants Manish Hemrajani - Vice President of Corporate Development and Investor Relations Dhruv Shringi - Co-Founder, Chief Executive Officer Conference Call Participants Scott Buck - H.C. Wainwright Anja Soderstrom - Sidoti Tim Moore - Zacks Operator Good day and welcome to the Yatra second quarter 2022 financial results conference call. Today's conference is being recorded. At this time, I w ...

Yatra Online, Inc. (NASDAQ:YTRA) Q1 2022 Earnings Conference Call August 19, 2021 8:30 AM ET Company Participants Manish Hemrajani - Investor Relations Dhruv Shringi - Chief Executive Officer and Co-Founder Conference Call Participants Scott Buck - H.C. Wainwright Tim Moore - Zacks Operator Good day and welcome to the Yatra First Quarter 2022 Financial Results Conference Call. TodayÂ's conference is being recorded. At this time, I would like to turn the conference over to Manish Hemrajani. Please go ahead. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Yatra Online, Inc. (NASDAQ:YTRA) Q4 2021 Earnings Conference Call June 8, 2021 8:30 AM ET Company Participants Manish Hemrajani - IR Dhruv Shringi - CEO Conference Call Participants Scott Buck - H.C. Wainwright Matthew Galinko - Sidoti Operator Good day and welcome to the Yatra Fourth Quarter and Full Year 2021 Financial Results Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Manish Hemrajani. Please go ahead. Manish Hemrajani Thank you, Shelb ...

Yatra Online, Inc. (NASDAQ:YTRA) Q3 2021 Results Conference Call February 4, 2021 8:30 AM ET Company Participants Manish Hemrajani - IR Dhruv Shringi - CEO Conference Call Participants Matthew Galinko - Sidoti Scott Buck - H.C. Wainwright Operator Ladies and gentlemen, good day, and welcome to the Yatra Third Quarter 2021 Conference Call. Today's call is being recorded. And at this time, I would like to turn the call over to Manish Hemrajani. Please go ahead, sir. Manish Hemrajani Thank you, Abby. Good morn ...

November 2016 PAGE 0 November 2020 Disclaimer This presentation is for informational purposes only and does not constitute an offer to sell, a solicitation of any offer to buy, or a recommendation to purchase any securities of or any of its affiliates (as such term is defined under the U.S. federal securities laws). The presentation shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities. This presentation shall also not constitute an offer to sell or the soli ...

Yatra Online, Inc. (NASDAQ:YTRA) Q2 2021 Earnings Conference Call November 5, 2020 8:30 AM ET Company Participants Manish Hemrajani - VP of Corporate Development, Investor Relations Dhruv Shringi - CEO and Co-Founder Conference Call Participants Matthew Galinko - Sidoti Scott Buck - H.C. Wainwright Operator Good day, and welcome to the Yatra Second Quarter 2021 Conference Call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Mr. Manish Hemrajani. Please go ahead. ...