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Match Group MTCH Applications — Indefinite Lived Intangible Assets Excluding Goodwill

Discontinued — last reported Q4 '18

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Other financials

Income statement

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Revenue$863.9M+3.9%
Gross profit$653.3M+9.9%
Operating income$236.4M+37.0%
Net income$166.8M+41.9%
EPS (diluted)$0.68+54.5%

Balance sheet

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Cash & equivalents$1.0B+149%
Total debt$4.0B+16.0%
Total equity-$218.1M-19.4%
Total assets$4.4B+13.3%

Cash flow

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Operating cash flow$194.4M+0.6%
CapEx$20.4M+32.1%
Free cash flow$174.0M-2.1%

Valuation

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Market cap$8.27B-8.6%
Enterprise value$11.22B-6.8%
P/E12.5×-4.1×
P/S2.4×-0.3×

Profitability

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Gross margin73.8%+2.0pp
Operating margin26.6%+3.1pp
Net margin18.8%+3.0pp
FCF margin29%+6.0pp

Returns & leverage

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Return on equity6%
Debt / equity1.5×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Match Group in its filing.

Tagged under the XBRL concept us-gaap:IndefiniteLivedIntangibleAssetsExcludingGoodwill.

The official record: Match Group’s 10-K, filed March 1, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does applications — indefinite lived intangible assets excluding goodwill mean?
This represents the value of intangible assets within the Applications segment, such as trademarks or brand names, that are expected to provide economic benefits indefinitely. Unlike finite assets, these are not amortized but are tested annually for impairment.