HighGravityDataMatch Group — Feb 4, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000891103-25-000018
Showing in the filing
Cash dividend per share
“$0.19”
Period
FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 26
Operating Income Margin (at the mid-point of… for FY2025
“24%”
Cash dividend per share for FY2025
“$0.19”
Cash dividend
“$0.19 per share”
Total Revenue for Q1 FY2025
“$820 to $830 million, down 3% to 5% Y/Y”
Total Revenue, on an FXN basis and excluding… for Q1 FY2025
“flat to up 1% Y/Y”
Adjusted Operating Income for Q1 FY2025
“$260 to $265 million, down 5% to 7% Y/Y”
Total Revenue for FY2025
“$3,375 to $3,500 million, down 3% to up 1% Y/Y”
Total Revenue, on an FXN basis and excluding… for FY2025
“flat to up 4% Y/Y”
Adjusted Operating Income for FY2025
“$1,232 to $1,278 million”
Stock-based compensation expense for FY2025
“$305 to $315 million”
Capital expenditures for FY2025
“$45 to $55 million”
FCF for FY2025
“$1,000 million to $1,030 million, representing ~81% FCF conversion of AOI at the mid-point of the ranges”
Effective income tax rate for FY2025
“low-20%s”
Use of FCF for share repurchases and shareho… for FY2025
“Use of at least 75% of FCF for share repurchases and to target returning at least 100% of FCF to shareholders through dividends and share repurchases”
Use of FCF for share repurchases for FY2025
“at least 75%”
Total capital return to shareholders (divide… for FY2025
“at least 100% of FCF”
Reduction of diluted shares outstanding for FY2025
“5% to 7%”
Share repurchase program
“up to $1.5 billion”
Operating Income for Q1 FY2025
“$155 to $160”
Operating Income for FY2025
“$802 to $828”
Stock-based compensation expense for Q1 FY2025
“70”
Operating Income Margin (at the mid-point of… for Q1 FY2025
“19%”
Adjusted Operating Income Margin (at the mid… for Q1 FY2025
“32%”
Adjusted Operating Income Margin (at the mid… for FY2025
“36.5%”
Net cash provided by operating activities for FY2025
“$1,055 to $1,075”
Free Cash Flow for FY2025
“$1,000 to $1,030”
Exhibit 99.1 · the passage around this item
… earlier in the release
Three Months Ended December 31, Years Ended December 31, (Dollars in millions, except RPP, Payers in thousands) 2024 2023 Y/Y Change 2024 2023 Y/Y Change Total Revenue $ 67 $ 74 (10) % $ 285 $ 303 (6) % Direct Revenue $ 67 $ 74 (9) % $ 284 $ 303 (6) % Operating Loss $ — $ (7) (94) % $ (32) $ (9) 273 % Operating Loss Margin (1) % (9) % (11) % (3) % Adjusted Operating Income $ 16 $ 13 24 % $ 61 $ 62 (2) % Adjusted Operating Income Margin 24 % 17 % 21 % 20 % Payers 1,012 969 4 % 1,004 919 9 % RPP $ 21.95 $ 25.32 (13) % $ 23.56 $ 27.50 (14) % 6 Dividend Declaration Match Group's Board of Directors has declared a cash dividend of $0.19 per share of the company's common stock. The dividend is payable on April 17, 2025 to stockholders of record as of April 3, 2025. Financial Outlook For Q1 2025 and Full year 2025, Match Group expects: Q1 2025 • Total Revenue of $820 to $830 million, down 3% to 5% Y/Y. ◦ On an FXN basis and excluding Hakuna and other of our live streaming services, Total Revenue to be flat to up 1% Y/Y. ◦ FX to be a three-point Y/Y headwind and the exit of Hakuna and other of our live streaming services to be just under a two-point Y/Y headwind. The extra day in Q1’24 because of leap year is an additional one-point Y/Y headwind. • Adjusted Operating Income of $260 to $265 million, down 5% to 7% Y/Y. • Adjusted Operating Income Margin of 32% at the mid-point of the ranges. Full Year 2025 • Total Revenue of $3,375 to $3,500 million, down 3% to up 1% Y/Y. ◦ On an FXN basis and excluding Hakuna and other of our live streaming services, Total Revenue to be flat to up 4% Y/Y. ◦ FX to be a slightly more than two-point Y/Y headwind and the exit of Hakuna and other of our live streaming services to be an additional one-point Y/Y headwind. • Adjusted Operating Income of $1,232 to $1,278 million, or roughly f
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.