Company: MTCH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000891103-25-000027
Chunk: 55

Company: Match Group, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 55
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 67,758 202,831 77,456 Variable expense119,333 15,004 63,779 29,296 Employee compensation expense, excluding stock-based compensation expense167,019 79,084 148,285 42,338 Other operating expenses(a)42,761 16,900 52,222 22,353 Stock-based compensation(b)68,644 31,459 50,268 23,399 Depreciation(b)25,197 1,926 18,732 11,671 Impairment and amortization of intangible assets(b)— — 12,336 35,395 Year Ended December 31, 2022TinderHingeEvergreen & EmergingMG Asia(In thousands)In-app purchase fees$384,995 $79,098 $64,044 $73,154 Cost of acquisition110,625 37,147 234,872 91,607 Variable expense110,106 10,613 71,205 50,873 Employee compensation expense, excluding stock-based compensation expense160,816 51,645 155,347 43,410 Other operating expenses(a)47,204 14,017 56,071 28,814 Stock-based compensation(b)56,085 10,794 52,498 28,294 Depreciation(b)15,328 1,631 17,971 5,277 Impairment and amortization of intangible assets(b)— — 53,369 312,888 ______________________(a)Other operating expenses primarily consists of office rent, business software, travel, indirect taxes, and professional fees.(b)Expense is a non-cash item and excluded from the profitability measure of Adjusted Operating Income (Loss).

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Table of ContentsMATCH GROUP, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

Geographic InformationRevenue by geography is based on where the customer is located. The United States is the only country from which revenue is greater than 10 percent of total revenue. Geographic information about revenue and long-lived assets is presented below: Years Ended December 31, 202420232022 (In thousands)Revenue  United States$1,593,611 $1,541,012 $1,450,702 All other countries