The Meet Group, Inc. (MEET) financial statements (2021 and earlier)

Company profile

Business Address 100 UNION SQUARE DRIVE
NEW HOPE, PA 18938
State of Incorp. DE
Fiscal Year End December 31
SIC 731 - Advertising (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2728242219176
Cash and cash equivalents2728242219176
Receivables2727262417910
Prepaid expense2      
Derivative instruments and hedges, assets1      
Other undisclosed current assets2531111
Total current assets:59605447372717
Noncurrent Assets
Operating lease, right-of-use asset7
Property, plant and equipment 552323
Intangible assets, net (including goodwill)186185199131727475
Goodwill157148151114717171
Intangible assets, net (excluding goodwill)29374917135
Restricted cash and investments  10   
Deferred income tax assets16
Other noncurrent assets1210000
Deferred tax assets, net  28   
Other undisclosed noncurrent assets41616    
Total noncurrent assets:214207221162757679
TOTAL ASSETS:27326827520911110396
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities25282614767
Accounts payable5965333
Accrued liabilities2019208433
Employee-related liabilities      0
Deferred revenue4
Debt619150033
Deferred revenue and credits40000
Contract with customer, liability5
Other undisclosed current liabilities      (0)
Total current liabilities:355246148910
Noncurrent Liabilities
Long-term debt and lease obligation351841 013
Long-term debt, excluding current maturities301841  12
Finance lease, liability0
Capital lease obligations00 011
Operating lease, liability5
Liabilities, other than long-term debt513 101
Deferred income tax liabilities3
Other liabilities100 101
Derivative instruments and hedges, liabilities113    
Total noncurrent liabilities:411944 124
Total liabilities:7571901491114
Stockholders' equity
Stockholders' equity attributable to parent, including:1971971861951039282
Common stock0000000
Additional paid in capital431419408352301297282
Accumulated other comprehensive loss(2)(2)(1) (0)(1)(1)
Accumulated deficit(231)(220)(221)(157)(198)(204)(200)
Other undisclosed stockholders' equity attributable to parent    000
Total stockholders' equity:1971971861951039282
TOTAL LIABILITIES AND EQUITY:27326827520911110396

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Gross profit:21217912476574540
Operating expenses(194)(175)(181)(57)(49)(48)(50)
Operating income (loss):174(57)198(3)(10)
Nonoperating expense(1)(2)(1)(1)(2)(1)(1)
Other nonoperating income (expense)(0)00(1)(2)(1)(1)
Interest and debt expense(1)(2)(1)(0)(0)(1)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes    0123
Income (loss) from continuing operations before equity method investments, income taxes:15(1)(59)186(4)11
Other undisclosed income (loss) from continuing operations before income taxes1210  (22)
Income (loss) from continuing operations before income taxes:162(58)186(4)(11)
Income tax expense (benefit)(5)(0)(7)28(0)  
Net income (loss) available to common stockholders, diluted:111(65)466(4)(11)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):111(65)466(4)(11)
Other comprehensive loss(0)(1)(1)    
Comprehensive income (loss):110(66)466(4)(11)
Other undisclosed comprehensive loss, net of tax, attributable to parent     (0)(0)
Comprehensive income (loss), net of tax, attributable to parent:110(66)466(4)(11)

Statements sources

The financial statements are based on the company's filings with the 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.

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