Last 7 days
-6.5%
Last 30 days
-9.1%
Last 90 days
0.1%
Trailing 12 Months
-15.0%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-01 | Dubey Sharmistha | acquired | - | - | 31,893 | - |
2023-09-01 | Dubey Sharmistha | sold (taxes) | -474,324 | 46.87 | -10,120 | - |
2023-09-01 | Sine Jared F. | sold | -23,690 | 47.38 | -500 | chief bus. affairs & leg. off. |
2023-08-09 | MCDANIEL ANN | sold | -400,256 | 45.8221 | -8,735 | - |
2023-08-01 | Sine Jared F. | sold | -22,830 | 45.66 | -500 | chief bus. affairs & leg. off. |
2023-07-03 | Sine Jared F. | sold | -20,945 | 41.89 | -500 | chief bus. affairs & leg. off. |
2023-06-30 | MCINERNEY THOMAS | acquired | - | - | 800 | - |
2023-06-30 | SPOON ALAN G | acquired | - | - | 800 | - |
2023-06-30 | Seymon Pamela | acquired | - | - | 800 | - |
2023-06-30 | Bailey Stephen | acquired | - | - | 800 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 324 | 29,915,000 | 38,167,000 | 0.02% |
2023-09-12 | DAVIDSON KEMPNER CAPITAL MANAGEMENT LP | sold off | -100 | -11,517,000 | - | -% |
2023-09-12 | Farther Finance Advisors, LLC | added | 3.57 | 1,526 | 13,350 | -% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | 35.00 | 419 | -% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 7.00 | 84.00 | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 347 | 1,570 | -% |
2023-08-24 | Alberta Investment Management Corp | reduced | -97.13 | -7,916,990 | 255,285 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | added | 158 | 2,510 | 3,892 | -% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 317 | 1,249,150 | 1,591,150 | -% |
2023-08-22 | Asset Dedication, LLC | unchanged | - | 1,000 | 9,000 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | edgewood management llc | 5.7% | 15,879,491 | SC 13G/A | |
Feb 14, 2023 | price t rowe associates inc /md/ | 4.3% | 12,126,009 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.06% | 30,896,861 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 12.1% | 33,859,122 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 12.1% | 33,859,122 | SC 13G/A | |
May 09, 2022 | blackrock inc. | 10.5% | 29,816,998 | SC 13G | |
Feb 14, 2022 | price t rowe associates inc /md/ | 5.0% | 14,172,214 | SC 13G/A | |
Feb 14, 2022 | prudential financial inc | 4.75% | 0 | SC 13G/A | |
Feb 14, 2022 | edgewood management llc | 5.8% | 16,504,970 | SC 13G | |
Feb 10, 2022 | jennison associates llc | 4.4% | 12,494,656 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 06, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 11, 2023 | 4 | Insider Trading | |
Aug 09, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 03, 2023 | 10-Q | Quarterly Report | |
Aug 03, 2023 | 4 | Insider Trading | |
Aug 01, 2023 | 8-K | Current Report | |
Jul 05, 2023 | 4 | Insider Trading | |
Jul 05, 2023 | 4 | Insider Trading |
18.4%
0.7%
-27.1%
88.8%
70.4%
48.5%
Y-axis is the maximum loss one would have experienced if Match Group was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.1% | 3,212 | 3,177 | 3,189 | 3,209 | 3,201 | 3,114 | 2,983 | 2,829 | 2,667 | 2,514 | 2,391 | 2,287 | 2,189 | 2,131 | 2,051 | 2,608 | 3,171 | 3,732 | 4,263 | 4,109 | 3,833 |
S&GA Expenses | 2.1% | 531 | 520 | 535 | 546 | 570 | 573 | 566 | 562 | 539 | 500 | 480 | 445 | 429 | 433 | 427 | -109 | 164 | 439 | 420 | 1,517 | 1,483 |
R&D Expenses | 2.2% | 361 | 353 | 334 | 319 | 299 | 264 | 241 | 220 | 192 | 182 | 170 | 163 | 161 | 151 | 152 | 60.00 | 101 | 144 | 132 | 300 | 293 |
EBITDA | -100.0% | - | 560 | 567 | 268 | 236 | 449 | 428 | 785 | 803 | 802 | 733 | 726 | 715 | 703 | 642 | 742 | 731 | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.18* | 0.18* | 0.08* | 0.07* | 0.14* | 0.14* | 0.28* | 0.30* | 0.32* | 0.31* | 0.32* | 0.33* | 0.33* | 0.31* | 0.28* | 0.23* | - | - | - | - |
Interest Expenses | 2.7% | 154 | 150 | 146 | 142 | 137 | 134 | 130 | 128 | 128 | 131 | - | 132 | 141 | 139 | - | 138 | 123 | 115 | - | 112 | 110 |
Earnings Before Taxes | 59.8% | 585 | 366 | 377 | 83.00 | 56.00 | 274 | 256 | 660 | 677 | 678 | 631 | 618 | 591 | 553 | 532 | 280 | 294 | 466 | 476 | 579 | 372 |
EBT Margin | -100.0% | - | 0.12* | 0.12* | 0.03* | 0.02* | 0.09* | 0.09* | 0.22* | 0.24* | 0.26* | 0.25* | 0.25* | 0.26* | 0.26* | 0.24* | 0.23* | 0.19* | - | - | - | - |
Net Income | 56.6% | 470 | 300 | 360 | 108 | 111 | 283 | 277 | 594 | 605 | 539 | 162 | 122 | 117 | 160 | 454 | 563 | 598 | 761 | 758 | 564 | 618 |
Net Income Margin | -100.0% | - | 0.09* | 0.11* | 0.03* | 0.03* | 0.09* | 0.09* | 0.21* | 0.22* | 0.23* | 0.08* | 0.07* | 0.07* | 0.07* | 0.22* | 0.21* | 0.18* | - | - | - | - |
Free Cashflow | -100.0% | - | 362 | 477 | 480 | 507 | 955 | 833 | 874 | 807 | 767 | 746 | 727 | 877 | 893 | 899 | 949 | 842 | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 3.2% | 4,339 | 4,204 | 4,183 | 3,915 | 4,194 | 5,043 | 5,063 | 4,894 | 4,434 | 3,215 | 3,046 | 2,670 | 2,335 | 8,435 | 8,445 | 8,305 | 8,299 | 7,160 | 6,875 | 6,372 | 6,235 |
Current Assets | 18.7% | 1,129 | 951 | 882 | 706 | 805 | 1,234 | 1,218 | 1,052 | 634 | 1,204 | 1,020 | 738 | 452 | 3,536 | 3,708 | 3,684 | 3,914 | 2,830 | 2,763 | 2,473 | 2,347 |
Cash Equivalents | 28.5% | 733 | 570 | 572 | 391 | 464 | 912 | 815 | 511 | 236 | 846 | 739 | 399 | 129 | 791 | 466 | 366 | 266 | 2,217 | 187 | 1,671 | 1,645 |
Net PPE | 2.0% | 191 | 187 | 176 | 172 | 169 | 168 | 163 | 146 | 130 | 107 | 108 | 106 | 102 | 374 | 101 | 362 | 362 | 326 | 319 | 308 | 307 |
Goodwill | -0.6% | 2,303 | 2,317 | 2,348 | 2,190 | 2,282 | 2,382 | 2,412 | 2,427 | 1,200 | 1,254 | 1,271 | 1,253 | 1,240 | 3,042 | 1,240 | 2,853 | 2,893 | 2,746 | 1,245 | 2,572 | 2,578 |
Current Liabilities | -3.3% | 534 | 552 | 556 | 602 | 628 | 1,074 | 1,168 | 748 | 578 | 470 | 500 | 488 | 459 | 1,064 | 1,010 | 1,036 | 953 | 908 | 884 | 894 | 846 |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 |
LT Debt, Non Current | - | - | - | - | - | - | - | 3,829 | - | 3,846 | 3,843 | 3,841 | 3,521 | 3,528 | 3,625 | 3,240 | 3,112 | 3,139 | 2,332 | 2,246 | 1,984 | 1,982 |
Shareholder's Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,193 | 3,628 | 3,806 | 3,844 | 3,571 | 3,511 | 3,329 | 3,237 |
Retained Earnings | 1.8% | -7,524 | -7,661 | -7,782 | -7,867 | -7,995 | -7,963 | -8,144 | -7,975 | -8,107 | -8,248 | -8,422 | -8,631 | -8,764 | 1,479 | 1,725 | 1,590 | 1,461 | 1,347 | 1,259 | 1,067 | 921 |
Additional Paid-In Capital | 0.8% | 8,393 | 8,326 | 8,274 | 8,216 | 8,166 | 8,110 | 8,164 | 8,111 | 8,069 | 7,136 | 7,089 | 7,297 | -7,180 | 11,412 | 11,378 | 11,762 | 11,958 | 11,868 | 12,022 | 11,956 | 12,009 |
Accumulated Depreciation | 4.3% | 218 | 209 | 198 | 187 | 182 | 185 | 182 | 186 | 183 | 175 | 169 | 161 | 151 | 336 | 148 | 309 | 298 | 296 | 287 | 283 | 285 |
Shares Outstanding | -0.2% | 278 | 278 | 280 | 279 | 283 | 286 | 283 | 277 | 277 | 270 | 267 | - | - | - | - | - | - | - | - | - | - |
Minority Interest | - | 0.00 | - | 1.00 | 1.00 | 1.00 | 1.00 | 8.00 | 8.00 | 7.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1,030 | 970 | 908 | 860 | 791 | 709 | 728 | 661 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 102.0% | 836 | 414 | 526 | 546 | 582 | 1,043 | 912 | 937 | 863 | 852 | 789 | 699 | 719 | 584 | 648 | 408 | 437 | 562 | 611 | 791 | 639 |
Share Based Compensation | 2.9% | 209 | 203 | 204 | 185 | 171 | 159 | 147 | 134 | 131 | 111 | 102 | 100 | 83.00 | 83.00 | 90.00 | 4.00 | 39.00 | 74.00 | 66.00 | 229 | 308 |
Cashflow From Investing | -8.7% | -83.55 | -76.83 | -71.70 | -85.22 | -91.83 | -943 | -939 | -926 | -2,328 | -3,922 | -3,922 | -3,920 | -2,485 | -107 | -41.73 | 202 | 104 | 62.00 | -38.20 | -312 | -222 |
Cashflow From Financing | 28.0% | -487 | -677 | -689 | -562 | -247 | -24.20 | 111 | 104 | 1,576 | 1,543 | 1,788 | 1,634 | 27.00 | 992 | 654 | 893 | 866 | -189 | -198 | -63.92 | -299 |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 105 | - | - |
Buy Backs | -26.6% | 436 | 595 | 482 | 482 | 191 | - | - | -132 | -132 | -65.79 | - | 189 | 329 | 349 | 216 | 559 | 152 | - | 133 | - | - |
CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenue | $ 829,552 | $ 794,513 | $ 1,616,676 | $ 1,593,144 |
Operating costs and expenses: | ||||
Cost of revenue (exclusive of depreciation shown separately below) | 250,294 | 240,840 | 490,304 | 477,076 |
Selling and marketing expense | 136,597 | 125,679 | 273,956 | 277,567 |
General and administrative expense | 107,698 | 110,638 | 198,309 | 211,343 |
Product development expense | 94,287 | 86,410 | 192,473 | 165,204 |
Depreciation | 14,565 | 11,488 | 25,117 | 21,985 |
Impairment and amortization of intangibles | 11,315 | 229,539 | 23,432 | 242,232 |
Total operating costs and expenses | 614,756 | 804,594 | 1,203,591 | 1,395,407 |
Operating income (loss) | 214,796 | (10,081) | 413,085 | 197,737 |
Interest expense | (39,742) | (35,623) | (79,093) | (70,519) |
Other income, net | 3,432 | 5,291 | 6,824 | 6,109 |
Earnings (loss) before income taxes | 178,486 | (40,413) | 340,816 | 133,327 |
Income tax (provision) benefit | (41,141) | 8,048 | (82,780) | 14,915 |
Net earnings (loss) | 137,345 | (32,365) | 258,036 | 148,242 |
Net loss attributable to noncontrolling interests | 0 | 507 | 118 | 433 |
Net earnings (loss) attributable to Match Group, Inc. shareholders | $ 137,345 | $ (31,858) | $ 258,154 | $ 148,675 |
Net earnings (loss) per share attributable to Match Group, Inc. shareholders: | ||||
Earnings (loss) per share attributable to Match Group, Inc. shareholders - basic (USD per share) | $ 0.49 | $ (0.11) | $ 0.93 | $ 0.52 |
Earnings (loss) per share attributable to Match Group, Inc. shareholders - diluted (USD per share) | $ 0.48 | $ (0.11) | $ 0.89 | $ 0.50 |
Stock-based compensation expense by function: | ||||
Stock-based compensation expense | $ 60,637 | $ 54,767 | $ 102,200 | $ 97,062 |
Cost of revenue | ||||
Stock-based compensation expense by function: | ||||
Stock-based compensation expense | 1,673 | 1,558 | 2,990 | 3,107 |
Selling and marketing expense | ||||
Stock-based compensation expense by function: | ||||
Stock-based compensation expense | 2,558 | 2,166 | 4,471 | 3,819 |
General and administrative expense | ||||
Stock-based compensation expense by function: | ||||
Stock-based compensation expense | 28,088 | 30,032 | 41,205 | 53,931 |
Product development expense | ||||
Stock-based compensation expense by function: | ||||
Stock-based compensation expense | $ 28,318 | $ 21,011 | $ 53,534 | $ 36,205 |
CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 732,567 | $ 572,395 |
Short-term investments | 8,349 | 8,723 |
Accounts receivable, net of allowance of $751 and $387, respectively | 272,308 | 191,940 |
Other current assets | 115,706 | 109,327 |
Total current assets | 1,128,930 | 882,385 |
Property and equipment, net of accumulated depreciation and amortization of $217,537 and $198,409, respectively | 191,125 | 176,136 |
Goodwill | 2,303,181 | 2,348,366 |
Intangible assets, net of accumulated amortization of $98,349 and $78,160, respectively | 326,232 | 357,747 |
Deferred income taxes | 247,814 | 276,947 |
Other non-current assets | 141,745 | 141,183 |
TOTAL ASSETS | 4,339,027 | 4,182,764 |
LIABILITIES | ||
Accounts payable | 8,004 | 13,699 |
Deferred revenue | 243,933 | 252,718 |
Accrued expenses and other current liabilities | 282,221 | 289,937 |
Total current liabilities | 534,158 | 556,354 |
Long-term debt, net | 3,838,943 | 3,835,726 |
Income taxes payable | 11,551 | 13,282 |
Deferred income taxes | 28,835 | 32,631 |
Other long-term liabilities | 103,056 | 103,652 |
Redeemable noncontrolling interests | 0 | 0 |
Commitments and contingencies | ||
SHAREHOLDERS’ EQUITY | ||
Common stock; $0.001 par value; authorized 1,600,000,000 shares; 288,686,329 and 286,817,375 shares issued; and 277,849,197 and 279,625,364 outstanding at June 30, 2023 and December 31, 2022, respectively | 289 | 287 |
Additional paid-in capital | 8,392,805 | 8,273,637 |
Retained deficit | (7,524,414) | (7,782,568) |
Accumulated other comprehensive loss | (418,793) | (369,182) |
Treasury stock; 10,837,132 and 7,192,011 shares, respectively | (627,814) | (482,049) |
Total Match Group, Inc. shareholders’ equity | (177,927) | (359,875) |
Noncontrolling interests | 411 | 994 |
Total shareholders’ equity | (177,516) | (358,881) |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ 4,339,027 | $ 4,182,764 |