Wednesday, May 4, 2016

Match Group's (MTCH) CEO Greg Blatt on Q1 2016 Results - Earnings Call Transcript (via SeekingAlpha)


    (a) Direct Revenue is revenue that is directly received from an end user of our products.
    (b) North America consists of our Dating businesses for customers located in the United States and Canada.
    (c) International consists of our Dating businesses for customers located outside of the United States and Canada.
    (d) Average PMC is calculated by summing the number of paid subscribers, or paid member count (PMC), at the end of each day in the relevant measurement period and dividing it by the number of calendar days in that period.
    (e) ARPPU, or Average Revenue per Paying User, is Direct Revenue in the relevant measurement period divided by the Average PMC in such period divided by the number of calendar days in such period.

Match Group (MTCH) Q1 2016 Strong Revenue and Adjusted EBITDA Growth  but ... USD1.2 billion of long-term debt !!!

Is Alexa predicting the demise of PlentyOfFish? See how it decays since April 2016
Match Group Inc (NASDAQ:MTCH) overpaid USD575 Million in cash for it, past its prime and in decadence!
I still think:
* The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, FriendScout24, OurTime, HowAboutWe, PlentyOfFish and many more and all of them are past their primes, reached operating ceiling and they are in decadence.

* The Match Group overpaid for PlentyOfFish (It was insane, USD575 Million for PlentyOfFish that past its prime 2 years ago). The Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.

* Tinder will not monetize as expected and it is cannibalizing Match. Tinder can collapse like Skout (problems with minors using it).
And Tinder is in war with other online dating application: Bumble backed by Badoo (powered by a Russian Mafia of hackers & spies),+badoo,+plentyoffish,+zoosk,+pof,+internet+dating&cmpt=q

* The Match Group pays astronomical compensations to their C-level executives.

* The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.

* Also be alerted that Barry Diller is over 74 years old and can "retire" this year.
The IAC and MTCH can collapse because he is like a Godfather. 

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