other material
confidence high
sentiment positive
materiality 0.50
Dotdash Meredith 2024 revenue $1.78B; net loss narrows to $12M vs $207M
IAC Inc.
- Revenue $1.777B in 2024, up 4.8% YoY from $1.695B; Digital segment $1.410B, Print $366M.
- Operating income of $107M vs operating loss of $151M in 2023; net loss improved to $12M from $207M.
- Long-term debt net $1.435B; IAC contributed $125M and received $230M in distributions during 2024.
- Goodwill unchanged at $1.5B; intangible assets net $479M after $136M amortization.
- Company provided audited financials to lenders as required under Amended Credit Agreement.