Professional
Added to YB: 2024-03-04
Pitch date: 2024-03-04
MTCH [bullish]
Match Group, Inc.
-4.42%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Match Group, Inc. engages in the provision of dating products. Its portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and Hakuna, as well as a various other brands, each built to increase users’ likelihood of connecting with others.
Market Cap
$8.2B
Pitch Price
$33.42
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.77
P/E
13.53
EV/Sales
3.28
Sector
Interactive Media and Services
Category
value
Idea Brunch with George Hadjia of Bristlemoon Capital - Match Group, Inc.
MTCH: Unique early mobile dating era w/ low CAC fueled Tinder & Hinge growth, now hard to replicate. High barriers for new apps due to CAC, churn & incumbent competition. Niche targeting limits scale. Despite Tinder payer decline, 9% FCF yield, buybacks, Tinder refresh & activist influence offer value.
Read full article (2 min)