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Match Group (Match Group) Net Income

: $652 Mil (TTM As of Dec. 2023)
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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Match Group's Net Income for the three months ended in Dec. 2023 was $230 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $652 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Match Group's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.80.


Match Group Net Income Historical Data

The historical data trend for Match Group's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 453.84 [6] => 162.33 [7] => 277.72 [8] => 361.95 [9] => 651.54 )
Match Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 453.84 162.33 277.72 361.95 651.54

Match Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.58 120.81 137.35 163.73 229.66

Match Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Match Group's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=776.781+-125.309+0+0.067000000000007
=652

Match Group's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=224.881+4.799+0+-0.02200000000002
=230

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $652 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Match Group  (NAS:MTCH) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Match Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Match Group Net Income Related Terms

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Match Group (Match Group) Business Description

Address
8750 North Central Expressway, Suite 1400, Dallas, TX, USA, 75231
Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).
Executives
Jared F. Sine officer: Chief Legal Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Glenn Schiffman director 555 WEST 18TH STREET, NEW YORK NY 10011
Ann Mcdaniel director
Bernard Jin Kim director, officer: Chief Executive Officer C/O MATCH GROUP, INC., 8750 N CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Wendi Murdoch director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Joseph Levin director C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Pamela Seymon director 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Melissa Anne Brenner director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Stephen Bailey director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Ryan Reynolds director 8750 NORTH CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Sharmistha Dubey director, officer: Chief Executive Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Thomas Mcinerney director ALTABA INC., 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK X1 10017
Alan G Spoon director 1150 15TH ST NW, WASHINGTON DC 20071
Philip D Eigenmann officer: Chief Accounting Officer 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231
Gary Swidler officer: COO and CFO 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231

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