Tuesday, November 1, 2016
Match Group (MTCH) Reports Q3 2016 Results
Announces 22% Growth in Dating Revenue and 33% Growth in Subscribers
As of September 30, 2016, the Company had USD 231 Million in cash and cash equivalents. Additionally, the Company had USD 1.2 Billion of long-term debt.
Match Group has a USD 500 Million revolving credit facility.
The credit facility was undrawn as of September 30, 2016 and currently remains undrawn.
As of September 30, 2016, IAC's ownership interest and voting interest in Match Group were 82.8% and 98.0%, respectively.
article: How Technology Swiped All The Fun Out Of Dating ?
A year ago, Match Group went public: ticket MTCH.
PlentyOfFish (POF) 1 year under the umbrella of Match Group in severe decadence.
The Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
For me it is clear they do not want to innovate. They want to squeeze their big databases to get all the juice (money) from the wallets of the daters.
(MTCH) Match Group Q2 2016
Where is the Press Release to announce OurTimeBrasil new site from Match Group?