Match Group Inc. (MTCH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
8750 NORTH CENTRAL EXPRESSWAY DALLAS, TX 75231 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 920,867 | 868,640 | 712,817 | 740,916 | 578,327 | 581,118 | |||
| Cash and cash equivalents | 914,929 | 862,440 | 706,881 | 732,567 | 569,879 | 572,395 | |||
| Short-term investments | 5,938 | 6,200 | 5,936 | 8,349 | 8,448 | 8,723 | |||
| Receivables | 225,129 | 298,648 | 288,084 | 272,308 | 256,876 | 191,940 | |||
| Other current assets | 103,879 | 104,023 | 117,374 | 115,706 | 115,726 | 109,327 | |||
| Total current assets: | 1,249,875 | 1,271,311 | 1,118,275 | 1,128,930 | 950,929 | 882,385 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 187,749 | 194,525 | 190,672 | 191,125 | 187,295 | 176,136 | |||
| Intangible assets, net (including goodwill) | 2,573,810 | 2,648,358 | 2,578,557 | 2,629,413 | 2,657,061 | 2,706,113 | |||
| Goodwill | 2,286,283 | 2,342,612 | 2,267,852 | 2,303,181 | 2,316,983 | 2,348,366 | |||
| Intangible assets, net (excluding goodwill) | 287,527 | 305,746 | 310,705 | 326,232 | 340,078 | 357,747 | |||
| Deferred income tax assets | 249,660 | 259,803 | 227,981 | 247,814 | 263,933 | 276,947 | |||
| Other noncurrent assets | 142,359 | 133,889 | 133,410 | 141,745 | 144,691 | 141,183 | |||
| Total noncurrent assets: | 3,153,578 | 3,236,575 | 3,130,620 | 3,210,097 | 3,252,980 | 3,300,379 | |||
| TOTAL ASSETS: | 4,403,453 | 4,507,886 | 4,248,895 | 4,339,027 | 4,203,909 | 4,182,764 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 320,347 | 320,486 | 343,133 | 290,225 | 296,654 | 303,636 | |||
| Accounts payable | 21,193 | 13,187 | 11,329 | 8,004 | 14,393 | 13,699 | |||
| Accrued liabilities | 299,154 | 307,299 | 331,804 | 282,221 | 282,261 | 289,937 | |||
| Deferred revenue | 198,543 | 211,282 | 227,002 | 243,933 | 255,712 | 252,718 | |||
| Total current liabilities: | 518,890 | 531,768 | 570,135 | 534,158 | 552,366 | 556,354 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,843,901 | 3,840,589 | 3,838,943 | 3,837,322 | |||||
| Long-term debt, excluding current maturities | 3,843,901 | 3,840,589 | 3,838,943 | 3,837,322 | |||||
| Liabilities, other than long-term debt | 148,334 | 152,949 | 137,183 | 143,442 | 148,739 | 149,565 | |||
| Accounts payable and accrued liabilities | 24,658 | 24,860 | 11,385 | 11,551 | 11,437 | 13,282 | |||
| Deferred income tax liabilities | 22,072 | 26,302 | 26,615 | 28,835 | 30,438 | 32,631 | |||
| Other liabilities | 101,604 | 101,787 | 99,183 | 103,056 | 106,864 | 103,652 | |||
| Other undisclosed noncurrent liabilities | 3,842,242 | 3,835,726 | |||||||
| Total noncurrent liabilities: | 3,992,235 | 3,995,191 | 3,977,772 | 3,982,385 | 3,986,061 | 3,985,291 | |||
| Total liabilities: | 4,511,125 | 4,526,959 | 4,547,907 | 4,516,543 | 4,538,427 | 4,541,645 | |||
| Equity | |||||||||
| Equity, attributable to parent | (107,810) | (19,548) | (299,438) | (177,927) | (334,518) | (359,875) | |||
| Common stock | 292 | 290 | 289 | 289 | 288 | 287 | |||
| Treasury stock, value | (1,231,325) | (1,032,538) | (930,563) | (627,814) | (595,055) | (482,049) | |||
| Additional paid in capital | 8,585,987 | 8,529,200 | 8,455,056 | 8,392,805 | 8,325,631 | 8,273,637 | |||
| Accumulated other comprehensive loss | (454,933) | (385,471) | (463,533) | (418,793) | (403,623) | (369,182) | |||
| Accumulated deficit | (7,007,831) | (7,131,029) | (7,360,687) | (7,524,414) | (7,661,759) | (7,782,568) | |||
| Equity, attributable to noncontrolling interest | 138 | 475 | 426 | 411 | 994 | ||||
| Total equity: | (107,672) | (19,073) | (299,012) | (177,516) | (334,518) | (358,881) | |||
| TOTAL LIABILITIES AND EQUITY: | 4,403,453 | 4,507,886 | 4,248,895 | 4,339,027 | 4,203,909 | 4,182,764 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 859,647 | 866,228 | 881,600 | 829,552 | 787,124 | 786,153 | ||
| Cost of revenue | (277,263) | (193,571) | (283,397) | (276,174) | (250,562) | (223,755) | ||
| Cost of goods and services sold | (256,742) | (208,112) | (255,598) | (250,294) | (240,010) | (235,925) | ||
| Gross profit: | 582,384 | 672,657 | 598,203 | 553,378 | 536,562 | 562,398 | ||
| Operating expenses | (397,646) | (412,405) | (354,644) | (338,582) | (338,273) | (455,765) | ||
| Operating income: | 184,738 | 260,252 | 243,559 | 214,796 | 198,289 | 106,633 | ||
| Nonoperating income (expense) | 9,474 | 5,043 | 7,905 | 3,432 | 3,392 | (402) | ||
| Interest and debt expense | (40,353) | (40,414) | (40,380) | (39,742) | (39,351) | (38,214) | ||
| Income from continuing operations before income taxes: | 153,859 | 224,881 | 211,084 | 178,486 | 162,330 | 68,017 | ||
| Income tax expense (benefit) | (30,625) | 4,799 | (47,328) | (41,141) | (41,639) | 17,605 | ||
| Income from continuing operations: | 123,234 | 229,680 | 163,756 | 137,345 | 120,691 | 85,622 | ||
| Other undisclosed net loss | (2,211) | |||||||
| Net income: | 123,234 | 229,680 | 163,756 | 137,345 | 120,691 | 83,411 | ||
| Net income (loss) attributable to noncontrolling interest | (36) | (22) | (29) | 118 | 1,164 | |||
| Net income available to common stockholders, basic: | 123,198 | 229,658 | 163,727 | 137,345 | 120,809 | 84,575 | ||
| Interest on convertible debt | 3,171 | 3,148 | 3,179 | 3,179 | 3,179 | 950 | ||
| Dilutive securities, effect on basic earnings per share | (8) | (5) | (12) | (34) | (30) | (26) | ||
| Net income available to common stockholders, diluted: | 126,361 | 232,801 | 166,894 | 140,490 | 123,958 | 85,499 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 123,234 | 229,680 | 163,756 | 137,345 | 120,691 | 83,411 | ||
| Other comprehensive income (loss) | (69,498) | 78,089 | (44,754) | (15,170) | (34,444) | 197,494 | ||
| Comprehensive income: | 53,736 | 307,769 | 119,002 | 122,175 | 86,247 | 280,905 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (36) | (49) | (15) | 121 | 1,089 | |||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 36 | |||||||
| Comprehensive income, net of tax, attributable to parent: | 53,736 | 307,720 | 118,987 | 122,175 | 86,368 | 281,994 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.