Match Group had a strong first quarter, with total revenue of $799 million, up 20% year over year. As the dollar strengthened against a number of global currencies, including the euro and the yen, the company suffered and faced $26 million in forex headwinds, excluding Hyperconnect and these had a 4% impact on the top-line. In the Americas and Europe, the company fared well during the Omicron spike as stay-at-home consumers were happy to spend on their apps to find dates. However, they continue ....
21 May 2022
Match Group Inc.: Business Model, The Hyperconnect Upside, Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (05/22)
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Match Group Inc.: Business Model, The Hyperconnect Upside, Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (05/22)
- Published:
21 May 2022 -
Author:
Ishan Majumdar -
Pages:
25
Match Group had a strong first quarter, with total revenue of $799 million, up 20% year over year. As the dollar strengthened against a number of global currencies, including the euro and the yen, the company suffered and faced $26 million in forex headwinds, excluding Hyperconnect and these had a 4% impact on the top-line. In the Americas and Europe, the company fared well during the Omicron spike as stay-at-home consumers were happy to spend on their apps to find dates. However, they continue ....