Match Group (MTCH) FY2022 results: revenue $3.2 billion, up 6.9% on the year
Match Group, Inc. (MTCH) reported revenue of $3.2 billion for fiscal 2022, the year ended 31 December 2022, up 6.9% on the year before. Net income was $362 million, up 30.3%, and diluted earnings per share $1.24. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2023.
Revenue
$3.2 billion
+6.9% on the year
FY2015FY2022
Operating margin
16.2%
28.5% a year earlier
FY2015FY2022
Net income
$362 million
+30.3% on the year
FY2015FY2022
Diluted EPS
$1.24
+33.3% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
526
912
802
-42.4%
Capital expenditure
49.1
80.0
42.4
-38.6%
Free cash flow
477
833
760
-42.8%
Free cash flow margin
14.9%
27.9%
31.8%
Cash from investing
-71.7
-940
n/a
Cash from financing
-689
111
n/a
Depreciation and amortisation
410
70.0
48.8
+485.8%
Share-based compensation
204
147
102
+38.9%
Buybacks
482
0.0
0.0
Dividends paid
0.0
0.0
0.0
Diluted shares, weighted
295m
305m
256m
-3.2%
Shares outstanding at period end
280m
283m
267m
-1.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
-360
-204
-1,414
Non-controlling interest
1.0
7.9
1.0
-87.5%
Redeemable equity
0.0
1.3
0.6
Debt
3,836
3,929
3,841
-2.4%
Operating lease liabilities
97.4
114
83.5
-14.2%
Other liabilities
609
1,215
535
-49.9%
Total liabilities and equity
4,183
5,063
3,046
-17.4%
Fixed assets
176
163
108
+7.9%
Goodwill
2,348
2,412
1,271
-2.6%
Intangible assets
358
772
231
-53.6%
Investments
8.7
11.8
0.0
-26.2%
Cash and equivalents
572
815
739
-29.8%
Receivables
192
188
137
+1.8%
Other assets
527
701
561
-24.7%
Total assets
4,183
5,063
3,046
-17.4%
10-K for the year ended 31 December 2022, filed 24 February 2023: the filing.