LendingTree, Inc. (TREE) financial statements (2021 and earlier)

Company profile

Business Address 1415 VANTAGE PARK DRIVE, SUITE 700
CHARLOTTE, NC 28203
State of Incorp. DE
Fiscal Year End December 31
SIC 6163 - Loan Brokers (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments170601053699120786
Cash and cash equivalents170601053699120786
Restricted cash and investments00044719
Receivables901139153413014
Disposal group, including discontinued operation9000 00
Assets held-for-sale, not part of disposal group  21   
Other undisclosed current assets28161612421
Total current assets:296189234438141246120
Noncurrent Assets
Operating lease, right-of-use asset8426
Property, plant and equipment623123363595
Long-term investments and receivables80      
Long-term investments80      
Intangible assets, net (including goodwill)5496025541941281515
Goodwill4204203481135644
Intangible assets, net (excluding goodwill)12918220681721111
Disposal group, including discontinued operation, noncurrent assets16832440
Deferred income tax assets96 
Other noncurrent assets53022110
Deferred tax assets, net79    
Other undisclosed noncurrent assets 62 201521 
Total noncurrent assets:8937596622551835020
TOTAL ASSETS:1,189948896693323296140
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11111610886554129
Accounts payable103159661
Accrued liabilities1011139377493526
Employee-related liabilities      3
Debt 75125    
Restructuring reserve      0
Disposal group, including discontinued operation1311815121312
Business combination, contingent consideration, liability 91147   
Deferred revenue and credits   0
Customer advances and deposits   5
Other liabilities      4
Other undisclosed current liabilities      (11)
Total current liabilities:112231262148675439
Noncurrent Liabilities
Long-term debt and lease obligation704264251238   
Long-term debt, excluding current maturities611264251238   
Operating lease, liability92 
Liabilities, other than long-term debt95137132515
Deferred tax liabilities, net1   5
Disposal group, including discontinued operation, liabilities     00
Other liabilities0268221 
Business combination, contingent consideration, liability824281124  
Total noncurrent liabilities:7123152882512515
Total liabilities:824546550399925544
Stockholders' equity
Stockholders' equity attributable to parent, including:36540234629523124196
Treasury stock, value(183)(183)(178)(85)(64)(16)(15)
Additional paid in capital1,1891,1781,1341,0881,0181,007910
Accumulated deficit(641)(593)(610)(708)(723)(750)(798)
Other undisclosed stockholders' equity attributable to parent0001000
Total stockholders' equity:36540234629523124196
TOTAL LIABILITIES AND EQUITY:1,189948896693323296140

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues9101,107765618384254167
Cost of revenue(54)(68)(36)(17)(14)(9)(8)
Other cost of operating revenue(53)(46)     
Other undisclosed gross profit(486)(606)     
Gross profit:369432728601371245159
Operating expenses(843)(948)(654)(536)(314)(213)(158)
Other undisclosed operating income (loss)466567(18)(31)(5)(3)(2)
Operating income (loss):(7)5156335229(1)
Interest and debt expense(36)(20)(12)(7)(1)(0)(0)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes01(0)(0)0  
Income (loss) from continuing operations before income taxes:(43)3144265228(1)
Income tax expense (benefit)20866(6)(20)230
Income (loss) from continuing operations:(23)39109193151(0)
Income (loss) from discontinued operations(26)(22)(13)(4)(4)(3)10
Net income (loss) available to common stockholders, diluted:(48)18961627489

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(48)18961627489
Comprehensive income (loss):(48)18961627489
Comprehensive loss, net of tax, attributable to noncontrolling interest   (1)   
Other undisclosed comprehensive income, net of tax, attributable to parent   1   
Comprehensive income (loss), net of tax, attributable to parent:(48)18961627489

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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