May 7, 2025 | Funanc1al Dating Meets Investing Series 💘📊

💘 Insider Activity: Sparks Are Flying (Sort Of)
Two insiders made a move in early February:
👨💼 Glenn Schiffman (Director) bought 3,000 shares at $34.47.
🧠 Spencer Rascoff (new CEO) swiped right again—buying 70,885 shares at $28.05, adding nearly $2M more to his position. Total now? 137,478 shares. That’s more than just a second date.

But not all is roses. 🥀
👋 Gary Swidler, the former President, dumped nearly all his shares in March. Timing? He’d just stepped down.

🏛️ Institutions Say “I Do”
Match has serious investor appeal:
📈 815 institutions hold 113.8% of the float (hello, shorts!).
💍 Major holders include:

• Vanguard (12.37%)

• State Street (7.32%)

• BlackRock (6.71%)

• Elliott Mgmt. (4.92%)

• Starboard, Ameriprise, and T. Rowe Price also RSVP’d.
  

Check out here for more on Match Group's Institutional Ownership

Want to find real magic in stocks?

📊 2024 in Review: A Mixed Bag of Dates
💰 Revenue: $3.5B (+3% Y/Y, +6% FX-neutral)
🧾 Operating Income: $823M (-10% Y/Y)
💸 Free Cash Flow: $882M
💘 Share Repurchases: $753M (22.2M shares)

✅ Still profitable
✅ Still repurchasing shares
❌ Growth? More slow waltz than tango
❌ Operating income under pressure

🔥 Tinder: Still Swiping, Less Sizzling

• Revenue: $1.9B (+1%)

• Payers: 9.7M (-7%)

• RPP: $16.68 (+8%)

• Operating Income Margin: 45%

Tinder's on a bit of a plateau. Still huge, but needs a spark. 🔥

💡 Hinge: The Real Glow-Up
Now this is love at first sight:

• Revenue: $550M (+39%)

• Payers: 1.5M (+23%)

• RPP: $29.94 (+13%)

• Operating Income: $121M (+64%)

Q4 Highlights:

• New users surged with the “It’s Funny We Met on Hinge” campaign

• New recommendation algorithm rolling out 🌍

• AI user coaching added 🧠

• Expansion to Mexico & Brazil planned 🇲🇽🇧🇷

🔮 2025 Outlook: Plenty of First Dates, Unclear if Love Will Follow

• Q1 Revenue: $820M–$830M (-3% to -5%)

• Full-Year Revenue: $3.375B–$3.5B (-3% to +1%)

• FCF: $1B–$1.03B

• P/E Ratio: 15.01 (Forward: 14.7)

• Dividend Yield: 2.50% 💰

• Buybacks: At least 75% of FCF targeting 5–7% share reduction

💔 Watch the Red Flags
🔻 Debt-to-Equity: -60.46% (Yep, negative)
🔻 Total Shareholder Equity: -$63.7M

Still, Match is cash-flow positive and shareholder-friendly. And with a seasoned CEO at the helm, there may be room for a rerating... if he can deliver. 🧠💼

📌 Verdict:
✅ Free cash flow king
✅ New CEO still buying, still Zillow-famous
✅ Hinge is crushing it
⚠️ But debt's high, growth is flat, and equity’s negative

So, can your portfolio find a match in Match?
It’s not a sure bet—but there’s potential for love (or at least a good trade) if things go right.

💬 Usual disclaimer applies. No guarantees—just possibilities.