{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-019731","form_type":"8-K","ticker":"IAC","cik":"0001800227","company_name":"IAC Inc.","filed_at":"2023-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.585564+00:00","generated_at":"2026-06-19T16:24:44.315738+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"IAC Q4 revenue up 8% to $1.25B; adjusted EBITDA $99.7M vs $3.5M last year","bullets":["Q4 revenue $1.25B (+8%); net loss $1.4M vs profit $13M; diluted EPS -$0.02 vs +$0.14.","Adjusted EBITDA surged to $99.7M from $3.5M; Dotdash Meredith generated $73.3M vs -$15.1M (includes restructuring).","Angi Inc. revenue +6% to $442M; operating loss $60.4M (incl. $26M Roofing goodwill impairment) but Adj. EBITDA $15.7M vs -$3.3M.","Search revenue fell 45% to $153M; Emerging & Other down 16% to $177M (sold Bluecrew Nov 2022, gain $132.2M).","FY 2022 free cash flow negative $222.5M; cash $1.7B, debt $2.1B; holds 64.7M MGM shares worth $2.8B."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-019731","json":"https://secwatch.observer/filing/0001104659-23-019731.json","markdown":"https://secwatch.observer/filing/0001104659-23-019731.md","text":"https://secwatch.observer/filing/0001104659-23-019731.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1800227/000110465923019731/0001104659-23-019731-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1800227/000110465923019731/tm236513d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T16:24:44.315738+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b2795fa8520845d1b92fa7028c7aabf04b82d95","claim":"IAC Inc. reported Q4 2022 results: revenue $1,246.5, net income (1.4), EPS (0.02).","evidence_excerpt":"the Investor Relations section of its website at ir.iac.com . IAC SUMMARY RESULTS ($ in millions except per share amounts) Q4 2022 Q4 2021 Growth FY 2022 FY 2021 Growth Revenue $ 1,246.5 $ 1,159.4 8 % $ 5,235.3 $ 3,699.6 42 % Operating loss (75.1 ) (69.4 ) -8 % (474.8 ) (137.1 ) -246 % Unrealized gain (loss) on investment in MGM 246.6 102.1 141 % (723.5 ) 789.3 NM","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800227/000110465923019731/0001104659-23-019731-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q4 2022"},{"label":"Revenue","value":"$1,246.5"},{"label":"Net income","value":"(1.4)"},{"label":"EPS","value":"(0.02)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}