Kayak released its second quarter results for 2012 today. A quick overview follows:
Top-line Q2 2012:
- Net revenue - $77 million (up from $57 million y/y).
- Net income - $7 million (up from $3 million y/y).
- Adjusted EBITDA - $21 million (up from $11 million y/y).
Top-line H1 2012:- Net revenue - $150 million (up from $109 million y/y).
- Net income - $11 million (up from -$3 million y/y).
- Adjusted EBITDA - $34 million (up from $19 million y/y).
Operating metrics Q2 2012:- Website queries - 247 million (up 199 million y/y).
- Mobile queries - 57 million (up 29 million y/y).
- Website RPMs (rev per thou) - $301 (up from $278 y/y).
- Mobile RPMs (rev per thou) - $46 (up from $33 y/y).
Operating metrics H1 2012:- Website queries - 505 million (up from 388 million y/y).
- Mobile queries - 109 million (up from 55 million y/y).
- Website RPMs (rev per thou) - $289 (up from $277 y/y).
- Mobile RPMs (rev per thou) - $40 (up from $31 y/y).
Steve Hafner, CEO and co-founder, says:
"We're off to a strong start as a public company, with record revenues and adjusted EBITDA, Our focus remains on ensuring that Kayak is the best place to plan and book travel globally."