earnings
confidence high
sentiment negative
materiality 0.75
Match Group Q4 revenue down 2% to $786M; Tinder flat, Hinge +30%; impairments $102M
Match Group, Inc.
2022-FY EPS reported
$1.24
revenue$3,188,843,000
- Q4 total revenue $786M (-2% YoY); Tinder Direct Revenue flat (+8% FXN) with 10.8M payers (+3%).
- Operating income $107M (-54% YoY) includes $102M impairments at Hyperconnect and Meetic; adjusted op income $286M (-2%).
- Full year 2022 revenue $3.2B (+7%); adjusted op income $1.1B (+6%) with 35% margin.
- Hinge Direct Revenue grew ~30% YoY; new subscription tiers HingeX and Hinge+ to launch globally by end of Feb.
- Q1 2023 guidance: revenue $790-800M, Tinder up slightly, Hinge >25% growth; reaffirmed FY 2023 5-10% revenue growth.