Company name:

Match Group Inc

  • IPO SHARE PRICE:
    $12.00
  • IPO DATE:
    November 19, 2015
  • TICKER:
    MTCH
  • MAIN STOCK EXCHANGE:
    NASDAQ
  • CURRENT HQ LOCATION:
    8750 North Central Expressway Suite 1400 Dallas Texas 75231
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Match Group Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2019
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
45,679
 1,118,110 1,330,661 1,729,850 2,051,258 2,131,275 2,178,568
Selected Year:
31-Dec
2019
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
68.4%
25.7% —

Cost of revenue excluding depreciation

20.8% —

Sales and marketing

12.4% —

General and administrative

7.4% —

Product development

1.6% —

Depreciation

0.4% —

Amortization
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue excluding depreciation
45,679
45,679
45,679
 195,648 279,499 410,000 527,184 550,854 575,576
Product development
45,679
45,679
45,679
 78,117 101,150 132,030 151,960 151,456 175,080
Sales and marketing
45,679
45,679
45,679
 349,119 375,610 419,954 427,440 433,267 497,960
General and administrative
45,679
45,679
45,679
 135,019 179,804 180,286 254,966 282,730 328,632
Depreciation
45,679
45,679
45,679
 27,726 32,613 32,968 32,450 33,865 36,984
Amortization
45,679
45,679
45,679
 16,932 1,468 1,318 8,727 14,719 25,612
Total costs and operating expenses
45,679
45,679
45,679
 802,561 970,144 1,176,556 1,402,727 1,466,891 1,639,844
Selected Year:
31-Dec
2019
Operating Income
Income after excluding Operating Expenses from Total Revenue
31.6%
31.6% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
 $315,549 $360,517 $553,294 $648,531 $664,384 $538,724
Selected Year:
31-Dec
2019
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.1%
0.1% —

Other expense or income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
-
-
45,679
 7,866 (30,827) 7,765 (2,026) 3,854 15,416
Other income
45,679
45,679
-
 - - - - 5,325 -
Total non-operating income (expense)
45,679
45,679
45,679
 7,866 (30,827) 7,765 (2,026) 9,179 15,416
Selected Year:
31-Dec
2019
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
31.5%
31.5% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
 $323,415 $329,690 $561,059 $646,505 $673,563 $554,140
Selected Year:
31-Dec
2019
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
5.5%
1.0% —

Income tax expense or benefit

4.5% —

Interest expense
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
-
-
-
 (82,199) (77,565) (73,417) (91,719) (94,749) (100,464)
Interest expense related parties
45,679
45,679
45,679
 - - - - - -
Income before income taxes
45,679
45,679
-
 - - - - 265,038 453,676
Income (loss) from continuing operations before income taxes Income (loss) from continuing operations before income taxes
-
-
45,679
 241,216 252,125 487,642 554,786 307,913 -
Income tax expense or benefit TEST - ODD
45,679
45,679
45,679
 (62,875) 103,852 (14,673) (20,361) (1,595) 186,184
Selected Year:
31-Dec
2019
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
26.1%
26.1% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Income from continuing operations
-
-
$45,679
 $178,341 $355,977 $472,969 $534,425 $283,423 -
Income from discontinued operations
-
-
45,679
 (6,328) (5,650) (378) - - -
Net income (loss)
45,679
45,679
45,679
 172,013 350,327 472,591 534,425 571,356 639,860
Net income (loss) attributable to non-controlling interests Net income (loss) attributable to non-controlling interests
45,679
45,679
45,679
 (562) (179) 5,348 306 723 1,668
Net income (loss) attributable to Company
45,679
45,679
45,679
 171,451 350,148 477,939 534,731 572,079 641,528

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Class B
-
-
45,678,795
 209,919,402 209,919,402 209,919,402 209,919,402 209,919,402 209,919,402
Class C
Common
-
-
45,678,795
 46,049,219 64,411,385 68,529,512 72,834,065 74,223,779 74,223,779
Selected Year:
31-Dec
2019
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share from continuing operations
-
-
$45,678,795.00
 $0.71 $1.35 $1.73 $1.91 - -
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
 $0.66 $1.20 $1.61 $1.81 $1.94 $2.20
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
 $0.68 $1.33 $1.73 $1.91 $2.05 $2.28