Docoh
Loading...

MTCH Match

Match Group, through its portfolio companies, is a leading provider of dating products available in over 40 languages to our users all over the world. Its portfolio of brands includes Tinder, Match, PlentyOfFish, Meetic , OkCupid, OurTime, Pairs, and Hinge, as well as a number of other brands, each designed to increase users' likelihood of finding a meaningful connection. Through its portfolio companies and their trusted brands, they provide tailored products to meet the varying preferences of our users.

Company profile

Ticker
MTCH
Exchange
Website
CEO
Joseph Levin
Employees
Incorporated
Location
Fiscal year end
Former names
HSN INC, IAC/INTERACTIVECORP, INTERACTIVECORP, SILVER KING COMMUNICATIONS INC, USA INTERACTIVE, USA NETWORKS INC
SEC CIK
IRS number
592712887

MTCH stock data

(
)

Calendar

6 May 21
24 Jun 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Match earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 845.83M 845.83M 845.83M 845.83M 845.83M 845.83M
Cash burn (monthly) (positive/no burn) 164.85M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) n/a 459.2M n/a n/a n/a n/a
Cash remaining n/a 386.63M n/a n/a n/a n/a
Runway (months of cash) n/a 2.3 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
19 Jun 21 Mcinerney Thomas Common Stock, par value $0.001 Option exercise Aquire M No No 0 1,224 0 329,618
19 Jun 21 Mcinerney Thomas RSU Common Stock, par value $0.001 Option exercise Dispose M No No 0 1,224 0 1,225
19 Jun 21 Mcdaniel Ann Common Stock, par value $0.001 Option exercise Aquire M No No 0 1,224 0 13,500
19 Jun 21 Mcdaniel Ann RSU Common Stock, par value $0.001 Option exercise Dispose M No No 0 1,224 0 1,225
19 Jun 21 Spoon Alan G Common Stock, par value $0.001 Option exercise Aquire M No No 0 1,224 0 268,890
19 Jun 21 Spoon Alan G RSU Common Stock, par value $0.001 Option exercise Dispose M No No 0 1,224 0 1,225
19 Jun 21 Seymon Pamela Common Stock, par value $0.001 Option exercise Aquire M No No 0 1,224 0 67,747
19 Jun 21 Seymon Pamela RSU Common Stock, par value $0.001 Option exercise Dispose M No No 0 1,224 0 1,225
15 Jun 21 Stephen Bailey RSU Common Stock, par value $0.001 Grant Aquire A No No 0 1,756 0 1,756

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

95.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 693 669 +3.6%
Opened positions 115 167 -31.1%
Closed positions 91 55 +65.5%
Increased positions 260 208 +25.0%
Reduced positions 217 211 +2.8%
13F shares
Current Prev Q Change
Total value 35.59B 39.44B -9.8%
Total shares 259.19M 260.86M -0.6%
Total puts 4.33M 2.79M +55.6%
Total calls 6.04M 5.36M +12.7%
Total put/call ratio 0.7 0.5 +38.0%
Largest owners
Shares Value Change
TROW T. Rowe Price 30.68M $4.21B -11.9%
Jennison Associates 22.93M $3.15B +4.7%
Vanguard 22.83M $3.14B +0.7%
BLK Blackrock 15.62M $2.15B +0.4%
JPM JPMorgan Chase & Co. 10.4M $1.43B +15.0%
FMR 9.27M $1.27B -8.5%
Edgewood Management 8.61M $1.18B NEW
Sands Capital Management 8.26M $1.14B -4.5%
Massachusetts Financial Services 6.77M $930.48M +0.4%
Lone Pine Capital 6.2M $852.4M +17.8%
Largest transactions
Shares Bought/sold Change
Edgewood Management 8.61M +8.61M NEW
TROW T. Rowe Price 30.68M -4.13M -11.9%
Whale Rock Capital Management 0 -2.45M EXIT
Norges Bank 0 -2.28M EXIT
Jackson Square Partners 2.46M -2.12M -46.3%
Capital Research Global Investors 0 -1.41M EXIT
JPM JPMorgan Chase & Co. 10.4M +1.35M +15.0%
Egerton Capital 1.95M -1.3M -40.1%
Sustainable Growth Advisers 1.73K -1.26M -99.9%
Wellington Management 5.94M -1.21M -16.9%

Financial report summary

?
Competition
Spark Networks SE
Risks
  • The dating industry is competitive, with low switching costs and a consistent stream of new products and entrants, and innovation by our competitors may disrupt our business.
  • The limited operating history of our newer brands and products makes it difficult to evaluate our current business and future prospects.
  • Our growth and profitability rely, in part, on our ability to attract and retain users through cost-effective marketing efforts. Any failure in these efforts could adversely affect our business, financial condition, and results of operations.
  • Our business and results of operations have been and may continue to be adversely affected by the recent COVID-19 outbreak or other similar outbreaks.
  • Foreign currency exchange rate fluctuations could adversely affect our results of operations.
  • Distribution and marketing of, and access to, our products relies, in significant part, on a variety of third-party platforms, in particular, mobile app stores. If these third parties limit, prohibit, or otherwise interfere with or change their policies in any material way, it could adversely affect our business, financial condition, and results of operations.
  • The success of our products will depend, in part, on our ability to access, collect, and use personal data about our users and subscribers.
  • As the distribution of our products through app stores increases, in order to maintain our profit margins, we may need to offset increasing app store fees by decreasing traditional marketing expenditures, increasing user volume, or monetization per user or by engaging in other efforts to increase revenue or decrease costs generally, or our business, financial condition, and results of operations could be adversely affected.
  • We depend on our key personnel.
  • Our success depends, in part, on the integrity of our systems and infrastructures and on our ability to enhance, expand, and adapt these systems and infrastructures in a timely and cost-effective manner.
  • We may not be able to protect our systems and infrastructure from cyberattacks and may be adversely affected by cyberattacks experienced by third parties.
  • Our success depends, in part, on the integrity of third-party systems and infrastructure.
  • If the security of personal and confidential or sensitive user information that we maintain and store is breached or otherwise accessed by unauthorized persons, it may be costly to mitigate the impact of such an event and our reputation could be harmed.
  • Our business is subject to complex and evolving U.S. and international laws and regulations, including with respect to data privacy and platform liability. These laws and regulations are subject to change and uncertain interpretation, and could result in changes to our business practices, increased cost of operations, declines in user growth or engagement, claims, monetary penalties, or otherwise harm our business.
  • We are subject to a number of risks related to credit card payments, including data security breaches and fraud that we or third parties experience, any of which could adversely affect our business, financial condition, and results of operations.
  • Inappropriate actions by certain of our users could be attributed to us and damage our brands’ reputations, which in turn could adversely affect our business.
  • We may fail to adequately protect our intellectual property rights or may be accused of infringing the intellectual property rights of third parties.
  • We operate in various international markets, including certain markets in which we have limited experience. As a result, we face additional risks in connection with certain of our international operations.
  • We may experience operational and financial risks in connection with acquisitions.
  • We are subject to litigation, and adverse outcomes in such litigation could have an adverse effect on our financial condition.
  • Our indebtedness may affect our ability to operate our business, which could have a material adverse effect on our financial condition and results of operations. We and our subsidiaries may incur additional indebtedness, including secured indebtedness.
  • We may not be able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our indebtedness that may not be successful.
  • Variable rate indebtedness that we have incurred or may incur under our credit agreement will subject us to interest rate risk, which could cause our debt service obligations to increase significantly.
  • Exchange of the exchangeable notes may dilute the ownership interests of existing stockholders or may otherwise depress the price of our common stock.
  • We may be unable to achieve some or all of the benefits that we expect to achieve through the Separation.
  • If the transactions effected in connection with the Separation were to fail to qualify as generally tax-free for U.S. federal income tax purposes, we and our stockholders could suffer material adverse consequences.
  • We may not be able to engage in desirable capital-raising or strategic transactions following the Separation.
  • Actual or potential conflicts of interest may develop between our management and directors, on the one hand, and the management and directors of IAC, on the other hand.
  • Our certificate of incorporation could prevent us from benefiting from corporate opportunities that might otherwise have been available to us.
  • We do not expect to declare any regular cash dividends in the foreseeable future.
  • Provisions in our certificate of incorporation and bylaws or Delaware law may discourage, delay, or prevent a change of control of our company or changes in our management and, therefore, depress the trading price of our common stock.
Management Discussion
  • For the three months ended March 31, 2021 compared to the three months ended March 31, 2020, revenue, operating income and Adjusted EBITDA grew 23%, 38%, and 32%, respectively, primarily due to subscriber growth at a number of brands, as well as the growth of à la carte revenue primarily at Hinge and PlentyOfFish. Operating income and Adjusted EBITDA grew at higher rates primarily due to general and administrative expenses (excluding stock-based compensation) remaining relatively flat compared to the prior year quarter. Operating income was further favorably impacted by lower amortization of intangibles, partially offset by higher stock-based compensation expense.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: American, AMG, circumstance, consulting, COVID, Daniel, drawn, equitable, flat, grid, Hyperconnect, impression, inadequate, Korea, lieu, nominal, noncurrent, Ochoa, possessing, purportedly, rejecting, residual, Seoul, South, ticking
Removed: accurately, affecting, affirming, amendment, amortizing, ANGI, announced, anticipate, applied, approximate, attributed, back, bad, behavior, brand, challenge, commencing, commerce, comparability, comprise, consistency, content, continued, costly, decline, declined, decreased, delay, demand, denial, Department, deposition, digital, dilution, distributed, document, equivalent, establish, estimating, European, evaluating, expert, extend, face, firm, free, government, governmental, highly, holder, implemented, increasing, increasingly, intention, law, mediation, merger, minimum, mitigated, monetization, narrow, negatively, operate, operation, organization, pandemic, partial, periodic, platform, pleaded, promote, questioning, reargument, recently, repay, reprice, requiring, resolution, response, restrict, safety, simplifying, sourced, store, sufficient, Tex, traditional, turn, ultimately, utilizing