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Match Group Inc   (MTCH)
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Price: $35.1300 $1.58 4.709%
Day's High: $35.16 Week Perf: 4.74 %
Day's Low: $ 33.57 30 Day Perf: -6.69 %
Volume (M): 6,523 52 Wk High: $ 49.24
Volume (M$): $ 229,139 52 Wk Avg: $37.83
Open: $33.57 52 Wk Low: $27.85



 Market Capitalization (Millions $) 10,128
 Shares Outstanding (Millions) 288
 Employees 2,540
 Revenues (TTM) (Millions $) 3,365
 Net Income (TTM) (Millions $) 651
 Cash Flow (TTM) (Millions $) 576
 Capital Exp. (TTM) (Millions $) 67

Match Group Inc

Match Group, Inc. is a leading provider of subscription dating products servicing North America, Western Europe, Asia and many other regions around the world through websites and applications we own and operate. We operate a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, and Pairs as well as a number of other brands, each designed to increase our users’ likelihood of finding a meaningful connection. Through our portfolio of trusted brands, we provide tailored products to meet the varying preferences of our users. We currently offer our dating products in 42 languages across more than 190 countries.

Consumers’ dating preferences vary significantly, influenced in part by demographics, geography, religion and sensibility. As a result, the market for dating products is fragmented, and no single product has been able to effectively serve the online dating category as a whole.


Given these wide ranging consumer preferences, our strategy focuses on a brand portfolio approach, through which we attempt to offer dating products that collectively appeal to the broadest spectrum of consumers. We believe that this approach maximizes our ability to capture additional users. We work to apply a centralized discipline to learnings, by sharing best practices and technologies across our brands in order to increase growth, reduce costs and maximize profitability. Additionally, we centralize certain other administrative functions, such as legal, human resources, finance, tax, and others. This approach allows us to quickly introduce new products and features, optimize marketing strategies, and more effectively deploy talent across our organization.


Coinciding with the general trend toward mobile technology, we have also experienced (and continue to experience) significant growth in our mobile-first dating products, as well as a meaningful shift in the user bases of our previously desktop-oriented dating products, who have gone from accessing those products via desktop devices to accessing our mobile experiences for those products via mobile devices. This shift to mobile, along with the combination of our mobile-first dating products and the deployment of mobile experiences across substantially all of our previously desktop-oriented products, has enabled us to reach groups of users which had previously proven elusive, such as the 18-25 year old audience; for example, Tinder has been able to tap into this audience rapidly over the last few years. Additionally, in previously desktop-oriented products like Match, the shift to mobile has led to increased usage of our products, as mobile users on average access our products at meaningfully higher rates than users who access our products on desktop.

Prior to the proliferation of computers and mobile devices, human connections traditionally were limited by social circles, geography and time. Today, the adoption of the internet and mobile technology has significantly expanded the ways in which people can build relationships, create new interactions and develop romantic connections. Additionally, the ongoing adoption of technology into more aspects of daily life continues to further erode biases and stigmas that previously prevented individuals from using technology to help find and develop those connections.
We believe that dating products serve as a natural extension of the traditional means of meeting people and provide a number of benefits for their users, including:

Expanded options: Dating products provide users access to a large number of like-minded people they otherwise would not have a chance to meet.

Efficiency: The search and matching features, as well as the profile information available on dating products, allow users to filter a large number of options in a short period of time, increasing the likelihood that users will make a connection with someone.

More comfort and control: Compared to the traditional ways that people meet, dating products provide an environment that reduces the awkwardness around the process of reaching out to new people. This leads to many people who would otherwise be passive participants in the dating process taking a more active role.

Convenience: The nature of the internet and the proliferation of mobile devices allow users to connect with new people at any time, regardless of where they are.
Depending on a person’s circumstances at any given time, dating products can act as a supplement to, or substitute for, traditional means of meeting people. When selecting a dating product, we believe that users consider the following attributes:

Brand recognition: Brand is very important. Users generally associate strong dating brands with a higher likelihood of success and a higher level of security. Generally, successful dating brands depend on large, active communities of users, strong algorithmic filtering technology and awareness of successful usage among similar users.

Successful experiences: Demonstrated success of other users attracts new users through word-of-mouth recommendations. Successful experiences also drive repeat usage.

Community identification: Users typically look for dating products that offer a community or communities with which the user can associate. By selecting a dating product that is focused on a particular demographic, religion, geography or intent (for example, casual dating or more serious relationships), users can increase the likelihood that they will make a connection with someone with whom they identify.

Product features and user experience: Users tend to gravitate towards dating products that offer features and user experiences that resonate with them, such as question-based matching algorithms, location-based features, offline events or search capabilities. User experience is also driven by the type of user interface (for example, swiping versus scrolling), a particular mix of free and paid features, ease of use and security. Users expect every interaction with a dating product to be seamless and intuitive.


Our Dating portfolio
Dating is a highly personal endeavor and consumers have a wide variety of preferences that determine what type of dating product they choose.


As a result, our strategy focuses on a portfolio approach of various brands in order to reach a broad range of users. Our brands are collectively available in 42 languages, and offered in over 190 countries. The following is a list of our key brands:
Tinder. Tinder was launched in 2012, and has since risen to scale and popularity faster than any other product in the online dating category with very limited marketing spend, growing to over 3 million Subscribers today. Tinder’s distinctive “right swipe” feature has led to significant adoption among the millennial generation, previously underserved by the online dating category. Tinder employs a freemium model, through which users are allowed to enjoy many of the core features of Tinder for free, including limited swiping and communicating with other users. However, to enjoy premium features, such as unlimited swiping, a Tinder user must subscribe to either Tinder Plus, launched in early 2015, or Tinder Gold, which was launched in late summer 2017.


Match. Match was launched in 1995 and helped create the online dating category. Among its distinguishing features are the ability to search profiles, receive algorithmic matches and attend live events, promoted by Match, with other Subscribers. Additionally, new features, such as Missed Connections, which uses location-based technology to enable users to connect with other users with whom they have crossed paths in the past, engage users into more meaningful connections. Match is a brand that focuses on users with a higher level of intent to enter into a relationship and its product and marketing are designed to reinforce that approach. Match relies heavily on word-of-mouth traffic, repeat usage and paid marketing.


PlentyOfFish. PlentyOfFish was launched in 2003 and acquired in October 2015. Similar to Match, among its distinguishing features is the ability to both search profiles and receive algorithmic matches. Similar to Tinder, PlentyOfFish has grown to popularity over the years with very limited marketing spend and also relies on a freemium model. PlentyOfFish has broad appeal in the central United States, Canada, the United Kingdom and a number of other international markets.



   Company Address: 8750 North Central Expressway Dallas 75231 TX
   Company Phone Number: 576-9352   Stock Exchange / Ticker: NASDAQ MTCH
   


Customers Net Income grew by MTCH's Customers Net Profit Margin grew to

25.76 %

26.46 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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META   -0.55%    
PINS   -2.55%    
SNAP   -6.03%    
VMEO        2.01% 
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Match Group Inc

Match Group Inc Continues to Show Strong Growth Despite Sector Average

Match Group Inc, the parent company of popular dating app Tinder, has reported impressive financial results for its fiscal period ending in 2023. The company saw a significant increase in income per share, which surged by 160.4% to $0.80 per share. Additionally, revenue increased by 10.186% to $866.23 million compared to the previous year's period.
Although Match Group's revenue surge was lower than the average for the Internet Services & Social Media sector, which stood at 16.35%, the company still demonstrated steady growth. Compared to the preceding quarter, income per share increased by 40.44% and revenue decreased slightly by -1.744%.

Personnel Announcements

Igniting a New Flame: Tinder Appoints Faye Iosotaluno as CEO to Revolutionize Modern Dating

Published Tue, Jan 9 2024 9:10 PM UTC


In a bold and strategic move, Match Group, the parent company of renowned dating app Tinder, announced today the appointment of Faye Iosotaluno as the new Chief Executive Officer of Tinder. This decision comes as no surprise, given Iosotaluno's outstanding track record as the current Chief Operating Officer of Tinder. With this elevation, Iosotaluno will now hold the re...

Match Group Inc

Internet Services & Social Media Giant Sees Soaring Earnings, Surging 29.55% in Q3 2023



Match Group Inc, an Internet Services & Social Media company, recently released its financial results for the most recent fiscal period. The report showcases significant growth in revenue, net income, and profit margins. These positive developments underscore Match Group Inc's strong position in the market and provide a glimpse into the company's potential future success. In this article, we will delve deeper into the financial results, analyze their impact, and ponder the implications for Match Group Inc moving forward.
Revenue Growth and Earnings Per Share:
Match Group Inc experienced a remarkable 8.901% increase in revenue, reaching an impressive $881.60 million in the most recent fiscal period, compared to $809.55 million in the prior year. This growth signals the company's ability to attract a wider customer base and capitalize on the rising demand within the market.

Match Group Inc

Match Group Inc. Registers Stellar Gains with Positive Q2 Earnings in 2023, Boosting Share Value by 1.23%

Over the past 5 trading days, Match Group Inc shares have seen a 1.23% increase in value. This brings the year-to-date performance of the company to 12.42%. Currently, Match Group Inc shares are trading on the NASDAQ at a 2.3% increase above its 52-week average.
In terms of profitability, Match Group Inc has seen positive growth in the April to June 30, 2023 interval. The company's earnings per share (EPS) have grown by 14.29% to reach $0.48 per share, compared to -$0.11 per share during the same period last year. This indicates that the company has experienced significant improvement in its financial performance over the past year.

Match Group Inc

Match Group Inc. Faces Setback with 30% Reduction in Earnings per Share, Investors Concerned about Revenue Decline in Q1 2023

The recent financial report from Match Group Inc, which disclosed a 30% reduction in earnings per share and a 1.441% decrease in revenue for the January to March 31, 2023 period, has spooked a few investors. However, those who are willing to look beyond the numbers will see that there are several reasons to remain bullish on the company.
Firstly, it is important to note that Match Group has been posting consistent growth in both earnings per share and revenue up until this point. In fact, from the previous financial reporting period, income grew from $0.31 per share and revenue advanced by 0.124% to $786.15 million. This shows that the recent dip in figures may simply be an anomaly rather than a sign of long-term issues.






 

Match Group Inc's Segments
 
 
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  Revenue Outlook
Match Group Inc does not provide revenue guidance.

Earnings Outlook
Match Group Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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