Tuesday, February 6, 2018

Match Group (MTCH) Reports Full Year 2017 Results / Q4 2017 Results

As of December 31, 2017, the Company had USD 273 Million in cash and cash equivalents and had USD 1.3 Billion of long-term debt.
Net loss of USD 9 Million or USD 0.03 per diluted share is driven by the inclusion of USD 92 Million of discrete tax charges related to U.S. tax reform.

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.

Badoo & Bumble on sale?
SA article: "Match Group: Time To Sell"

Match Group (MTCH) Reports Q3 2017 Results

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