Short answer
Match Group (MTCH) filed its fiscal 2024 10-K annual report with the SEC on Feb 27, 2025. It reported revenue of $3.5B (+3.4% year over year) and net income of $551M.
- Top risk flagged: Cybersecurity governance with quarterly Audit Committee oversight including risk assessments and external auditor feedback
FY2024 key financial metrics · XBRL
- Revenue
- $3.5B
- +3.4% YoY
- Net income
- $551M
- −15.4% YoY
- Operating margin
- 23.7%
- −3.6 pp YoY
- EPS (diluted)
- $2.02
- −10.6% YoY
- ROE
- -866.0%
- +2467.0 pp YoY
- Operating cash flow
- $933M
- +4.0% YoY
Source: XBRL data from the Match Group (MTCH) FY2024 10-K on SEC EDGAR. USD.
Match Group FY2024 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model: Digital dating and social networking platforms for diverse user demographics globally
- No new products, services, or segments introduced or emphasized in 2025 filing
- Strategic focus remains on governance, compliance, and compensation frameworks without marked shifts
- Deferred tax valuation allowance decreased to $156.7M from $159.7M, reflecting tax credit and NOL utilization changes
- Noteworthy emphasis on comprehensive insider trading and stock compensation policy disclosures in proxy references
Management Discussion & Analysis
- Revenue $3.0B, up 6% YoY driven by Direct Revenue growth from subscription and à la carte purchases
- Operating margin 27.3% vs 25.9% in prior year, reflecting leverage on revenue growth and expense management
- Best segment: Tinder revenue $1.8B, up 8% YoY; worst segment: Match Group Asia revenue $270M, flat YoY
- Cash flow: repaid $425M Term Loan in full January 2025; $500M available under Credit Facility at year-end; continued investment in marketing and R&D
- Outlook: growth opportunities in emerging markets and new technologies like AI; risks include rising in-app purchase fees and regulatory changes in app store policies
Risk Factors
- Cybersecurity governance with quarterly Audit Committee oversight including risk assessments and external auditor feedback
- SVP, Security Engineering manages cybersecurity program, reporting to CTO, with 20+ years industry experience
- Regular internal reporting and escalation process for material cybersecurity issues to senior management and Board
Generated from the filing text; verify against the original. How to read a 10-K
Other Match Group annual reports
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.