Company: MTCH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000891103-25-000027
Chunk: 155

Company: Match Group, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 155
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 91,148 Evergreen & Emerging35,879 52,498 17,971 53,369 159,717 MG Asia(312,027)28,294 5,277 312,888 34,432 Corporate and unallocated costs(244,040)56,209 3,387 — (184,444)Total$515,005 $203,880 $43,594 $366,257 $1,128,736 

47

Effects of Changes in Foreign Exchange Rates on Revenue

The impact of foreign exchange rates on the Company, due to its global reach, may be an important factor in understanding period over period comparisons if movement in exchange rates is significant. Since our results are reported in U.S. dollars, international revenue is favorably impacted as the U.S. dollar weakens relative to other currencies, and unfavorably impacted as the U.S. dollar strengthens relative to other currencies. We believe the presentation of revenue excluding the effects from foreign exchange, in addition to reported revenue, helps improve investors’ ability to understand the Company’s performance because it excludes the impact of foreign currency volatility that is not indicative of Match Group’s core operating results.

Revenue excluding foreign exchange effects compares results between periods as if exchange rates had remained constant period over period. Revenue excluding foreign exchange effects is calculated by translating current period revenue using prior period exchange rates. The percentage change in revenue excluding foreign exchange effects is calculated by determining the change in current period revenue over prior period revenue where current period revenue is translated using prior period exchange rates.

The following tables present the impact of foreign exchange effects on total revenue and Direct Revenue by segment for the year ended December 31, 2024 compared to the year ended December 31, 2023:

 Years ended December 31, 2024$ Change% Change2023 (Dollars in thousands)Total Revenue, as reported$3,479,373 $114,869 3%$3,364,504 Foreign exchange effects73,769 Total Revenue excluding foreign exchange effects$3,553,142 $188,638 6%$3,364,504 Tinder Direct Revenue, as reported$1,940,619 $22,990 1%$1,917,629 Foreign exchange effects45,564 Tinder Direct Revenue, excluding foreign exchange effects$1,986,183 $68,554 4%$1,917