Skyscanner

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
HQ
Edinburgh, GB
Founded
2003
Employees
873 (est)+2%
Skyscanner was founded in 2003 and is headquartered in Edinburgh, GB

Key People at Skyscanner

Gareth Williams

Gareth Williams

CEO & Co-Founder
Barry Smith

Barry Smith

Co-Founder, Director
Rachel Evatt

Rachel Evatt

Director, Business Strategy and Operations
Shane Corstorphine

Shane Corstorphine

General Manager, Americas

Skyscanner Locations

Edinburgh, GB
Shenzhen, CN
Miami, US
London, GB
Sofia, BG
Budapest, HU
Beijing, CN
Barcelona, ES
Glasgow, GB

Skyscanner Metrics

Skyscanner Financials

We estimate that Skyscanner's revenue is £120 M in Y, 2015 which is 28.87% increase from the previous period.
Y, 2007Y, 2008Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015

Revenue

£1.4 M£2.1 M£3.6 M£8.8 M£15.3 M£33.5 M£65.8 M£92.9 M£120 M

Revenue growth, %

41.1%28.9%

Cost of sales

£14.7 M£21.4 M£35.3 M

Gross profit

£900 K£1.6 M£1.7 M£6.5 M£11.1 M£25.3 M£51.1 M£71.5 M£84.5 M

Gross profit Margin, %

64.3%76.2%47.2%73.9%72.5%75.5%77.7%77.0%70.6%

Operating expense total

£700 K£1.2 M£3.1 M£5.2 M£7.7 M£17.3 M£33.4 M£58.9 M£71.9 M

EBITDA

£24.1 M£17 M£17.6 M

EBITDA margin, %

36.6%18.3%14.7%

EBIT

£200 K£300 K£-1.4 M£1.3 M£3.4 M£8 M£17.7 M£10.8 M£12.6 M

EBIT margin, %

14.3%14.3%-38.9%14.8%22.2%23.9%26.9%11.6%10.5%

Net Income

£200 K£-300 K£-1.02 M£1.3 M£2.4 M£4.9 M£14.4 M£7.4 M£13.3 M
  • Source: Company Filings

Skyscanner Operating Metrics

May, 2008May, 2009May, 2010May, 2011Dec, 2012Dec, 2013Dec, 2014Dec, 2015

Revenue per Employee

£84 K£94 K£142 K£168 K£212 K£238 K£189 K£178 K

Number of travel suppliers

300

Searches per month

50 M

Mobile downloads

2.6 M30 M40 M

Locations

46910

Monthly Active Users

12.9 M22.6 M30.4 M44.9 M

Total ticket value

$7.6 B$11.3 B

Numbers of languages site localized

31

Skyscanner Revenue Breakdown

Skyscanner Online Presence

Skyscanner News

Skyscanner Company Life

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