Company: MTCH
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000891103-25-000124
Chunk: 14

Company: Match Group, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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Item 1.    Consolidated Financial Statements

MATCH GROUP, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEET (Unaudited) June 30, 2025December 31, 2024(In thousands, except share data)ASSETS  Cash and cash equivalents$335,243 $965,993 Short-term investments5,172 4,734 Accounts receivable, net of allowance of $354 and $379, respectively342,299 324,963 Other current assets87,201 102,072 Total current assets769,915 1,397,762 Property and equipment, net of accumulated depreciation and amortization of $346,957 and $307,178, respectively153,844 158,189 Goodwill2,347,699 2,310,730 Intangible assets, net of accumulated amortization of $163,105 and $130,170, respectively207,850 215,448 Deferred income taxes270,959 262,557 Other non-current assets117,549 121,085 TOTAL ASSETS$3,867,816 $4,465,771 LIABILITIES AND SHAREHOLDERS’ EQUITY  LIABILITIES  Current maturities of long-term debt, net$573,424 $— Accounts payable18,535 18,262 Deferred revenue161,868 166,142 Accrued expenses and other current liabilities351,374 365,057 Total current liabilities1,105,201 549,461 Long-term debt, net2,855,277 3,848,983 Income taxes payable39,393 33,332 Deferred income taxes12,741 11,770 Other long-term liabilities85,980 85,882 Commitments and contingencies SHAREHOLDERS’ EQUITY  Common stock; $0.001 par value; authorized 1,600,000,000 shares; 298,475,276 and 294,432,137 shares issued; and 241,781,011 and 251,460,397 outstanding at June 30, 2025 and December 31, 2024, respectively298 294 Additional paid-in capital8,720,153 8,756,482 Retained deficit(6,336,705)(6,579,753)Accumulated other comprehensive loss