Skyscanner is a global travel search site that provides online comparisons for a number of flights, car rentals, and hotels. It enables its users to access price lists related to its categories.

It provides its users with the ability to receive price lists by entering information such as destination, dates, and number of personnel.

Skyscanner carries out its operation in a number of languages.

Skyscanner was founded on May 16, 2003, and is based in Edinburgh, Scotland. It operates additional offices in the United Kingdom, Singapore, Beijing, Miami and Barcelona.

Skyscanner was founded by Bonamy Grimes, Barry Smith, and Gareth Williams.

On November 24, 2016 the company was acquired by Ctrip for $1.7 billion.

Type
Subsidiary
Parent Company
Ctrip
HQ
Edinburgh, GB
Founded
2003
Skyscanner was founded in 2003 and is headquartered in Edinburgh, GB

Key People at Skyscanner

Gareth Williams

Gareth Williams

CEO & Co-Founder
Bryan Dove

Bryan Dove

CTO
Ruth Chandler

Ruth Chandler

Chief People Officer
Carolyn Jameson

Carolyn Jameson

Chief Legal Officer

Skyscanner Office Locations

Skyscanner has offices in Edinburgh, Barcelona, Beijing, Budapest and in 6 other locations
Edinburgh, GB (HQ)
15 Lauriston Pl

Skyscanner Data and Metrics

Skyscanner Summary

In total, Skyscanner had raised $197.2 m. Skyscanner is a subsidiary of Ctrip

Skyscanner Financial Metrics

Skyscanner's revenue was reported to be £119.7 m in 2015 which is a 29% increase from the previous period.
Numbers are in £, GBPY, 2007Y, 2008Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015

Revenue

1.4 m2.1 m3.6 m8.8 m15.3 m33.5 m65.8 m92.9 m119.7 m

Revenue growth, %

50%71%144%74%119%96%41%29%

Cost of goods sold

14.7 m21.4 m35.3 m

Gross profit

900 k1.6 m1.7 m6.5 m11.1 m25.3 m51.1 m71.5 m84.5 m

Gross profit Margin, %

64%76%47%74%73%76%78%77%71%

Operating expense total

700 k1.2 m3.1 m5.2 m7.7 m17.3 m33.4 m58.9 m71.9 m

EBITDA

24.1 m17 m17.6 m

EBITDA margin, %

37%18%15%

EBIT

200 k300 k(1.4 m)1.3 m3.4 m8 m17.7 m10.8 m12.6 m

EBIT margin, %

14%14%(39%)15%22%24%27%12%11%

Pre tax profit

22 m12.6 m11 m

Net Income

200 k(300 k)(1 m)1.3 m2.4 m4.9 m14.4 m7.4 m13.3 m
  • Source: Company Filings
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash

9.3 m4.5 m44.3 m

Accounts Receivable

8.9 m10.3 m13.5 m

Current Assets

31.5 m41.5 m65.1 m

PP&E

10.6 m17.4 m20.2 m

Goodwill

233 k393 k534 k

Total Assets

42.3 m59.3 m85.8 m

Accounts Payable

5.1 m4.3 m7.4 m

Current Liabilities

9.4 m12.7 m26.2 m

Retained Earnings

15.3 m9.1 m6.6 m

Total Equity

32.6 m46.3 m59.5 m

Financial Leverage

1.3 x1.3 x1.4 x
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Income Taxes Paid

(2.8 m)(2.7 m)(436 k)

Skyscanner Operating Metrics

May, 2010May, 2011Dec, 2012Dec, 2013Dec, 2014Dec, 2015

Travel Suppliers

300

Monthly Searches

50 m

Mobile Downloads

2.6 m30 m40 m

Locations

46910

Monthly Active Users

12.9 m22.6 m30.4 m44.9 m

Tickets Sold

$7.6 b$11.3 b
  • Source: Company Filings, Company filings, Company Filings, Company Filings, Company Filings, Company Filings, Company Filings, Company Filings

Skyscanner Revenue Breakdown

Skyscanner Job Categories

Skyscanner Online and Social Media Presence

Skyscanner News and Updates

Skyscanner Company Life and Culture

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