Company: MTCH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000891103-25-000027
Chunk: 6

Company: Match Group, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 6
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,312 916,896 515,005 Interest expense(160,071)(159,887)(145,547)Other income, net40,815 19,772 8,033 Earnings from continuing operations, before tax704,056 776,781 377,491 Income tax provision(152,743)(125,309)(15,361)Net earnings from continuing operations551,313 651,472 362,130 Loss from discontinued operations, net of tax— — (2,211)Net earnings551,313 651,472 359,919 Net (earnings) loss attributable to noncontrolling interests(37)67 2,027 Net earnings attributable to Match Group, Inc. shareholders$551,276 $651,539 $361,946 Net earnings per share from continuing operations:     Basic$2.12 $2.36 $1.29      Diluted$2.02 $2.26 $1.25 Net earnings per share attributable to Match Group, Inc. shareholders:     Basic$2.12 $2.36 $1.28      Diluted$2.02 $2.26 $1.24 Stock-based compensation expense by function:Cost of revenue$7,015 $5,934 $5,903 Selling and marketing expense12,620 9,730 7,608 General and administrative expense103,554 98,510 106,133 Product development expense144,192 117,925 84,236 Total stock-based compensation expense$267,381 $232,099 $203,880 

The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.

61

MATCH GROUP, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF COMPREHENSIVE OPERATIONSYears Ended December 31,202420232022(In thousands)Net earnings$551,313 $651,472 $359,919 Other comprehensive loss, net of taxChange in foreign currency translation adjustment(64,172)(16,279)(146,361)Total other comprehensive loss(64,172)(16,279)(146,361)Comprehensive income487,141 635,193 213,558 Comprehensive (income) loss attributable to noncontrolling interests:Net (earnings)