Company: MTCH
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000891103-25-000076
Chunk: 15

Company: Match Group, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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Item 1.    Consolidated Financial Statements

MATCH GROUP, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEET (Unaudited) March 31, 2025December 31, 2024(In thousands, except share data)ASSETS  Cash and cash equivalents$409,422 $965,993 Short-term investments4,748 4,734 Accounts receivable, net of allowance of $377 and $379, respectively323,347 324,963 Other current assets94,271 102,072 Total current assets831,788 1,397,762 Property and equipment, net of accumulated depreciation and amortization of $327,081 and $307,178, respectively152,904 158,189 Goodwill2,312,865 2,310,730 Intangible assets, net of accumulated amortization of $141,419 and $130,170, respectively207,025 215,448 Deferred income taxes266,560 262,557 Other non-current assets118,743 121,085 TOTAL ASSETS$3,889,885 $4,465,771 LIABILITIES AND SHAREHOLDERS’ EQUITY  LIABILITIES  Accounts payable$8,684 $18,262 Deferred revenue158,475 166,142 Accrued expenses and other current liabilities345,210 365,057 Total current liabilities512,369 549,461 Long-term debt, net3,427,164 3,848,983 Income taxes payable36,984 33,332 Deferred income taxes11,907 11,770 Other long-term liabilities84,173 85,882 Commitments and contingencies SHAREHOLDERS’ EQUITY  Common stock; $0.001 par value; authorized 1,600,000,000 shares; 297,660,666 and 294,432,137 shares issued; and 248,606,457 and 251,460,397 outstanding at March 31, 2025 and December 31, 2024, respectively298 294 Additional paid-in capital8,703,295 8,756,482 Retained deficit(6,462,183)(6,579,753)Accumulated other comprehensive loss(437,474)(449,611)Treasury stock; 49,054,