Financial Data and Key Metrics Changes - Match Group's total revenue for Q1 was $831 million, down 3% year over year, and down 1% year over year on an FX neutral basis [27] - Adjusted operating income (AOI) for the quarter was $275 million, down 2% year over year, representing a margin of 33% [33] - Operating income (OI) was $173 million, down 7% year over year, with an OI margin of 21% [33] Business Line Data and Key Metrics Changes - Tinder's direct revenue was $447 million, down 7% year over year, with payers declining 6% to 9.1 million [27][28] - Hinge's direct revenue grew 23% year over year to $152 million, with payers increasing 19% to 1.7 million [28][29] - E and E's direct revenue was $149 million, down 12% year over year, with payers declining 16% to 2.4 million [30] Market Data and Key Metrics Changes - Tinder's monthly active users (MAUs) declined 9% year over year in Q1 [28] - Match Group Asia's direct revenue was $64 million, down 11% year over year [31] - Across Match Group Asia, payers increased 5% year over year to 1 million [32] Company Strategy and Development Direction - The company is evolving from a collection of independently managed brands into a unified product-led organization [8] - A planned 13% reduction in workforce aims to achieve over $100 million in annualized savings [9] - Focus on product innovation and user outcomes, with significant investments in AI and new features [10][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving margin goals while investing for growth despite macroeconomic challenges [38] - The company is prepared to take pricing or merchandising actions to mitigate impacts from potential economic downturns [70] - Management emphasized the importance of trust and safety initiatives to improve user perception and engagement [100] Other Important Information - The company plans to launch new features like AI-enabled discovery and double dating to enhance user experience [14][17] - Management highlighted the importance of reducing operational silos to improve efficiency and speed [10] Q&A Session Summary Question: How is the company balancing investment and efficiencies? - Management stated that the cost reductions will allow for reinvestment in international expansion and product development [44] Question: What are the priorities for the company moving forward? - Management emphasized the need to operate as one unified organization and to grow the Tinder audience while supporting Hinge's growth [50] Question: What is the outlook for Tinder's paying user trajectory? - Management does not expect payer trends to grow this year, focusing instead on improving MAU trends through product innovation [77] Question: What is the impact of App Store changes? - Management is encouraged by recent court decisions allowing link outs to web purchases, which could save significant fees [66] Question: How is the overall health of the online dating industry? - Management acknowledged challenges in the industry but believes that innovation and prioritizing user outcomes can drive improvement [100]

Financial Data and Key Metrics Changes - Match Group's total revenue for Q1 was $831 million, down 3% year over year, and down 1% year over year on a foreign exchange neutral basis [24] - Adjusted operating income (AOI) for the quarter was $275 million, down 2% year over year, representing a margin of 33% [31] - Operating income (OI) was $173 million, down 7% year over year, with a margin of 21% [31] Business Line Data and Key Metrics Changes - Tinder's direct revenue was $447 million, down 7% year over year, with payers declining 6% to 9.1 million [24][25] - Hinge's direct revenue increased by 23% year over year to $152 million, with payers growing 19% to 1.7 million [26] - E and E's direct revenue was $149 million, down 12% year over year, with payers declining 16% to 2.4 million [28] Market Data and Key Metrics Changes - Match Group Asia's direct revenue was $64 million, down 11% year over year, with payers increasing 5% to 1 million [29][30] - Indirect revenue reached a record high, up 31% year over year, driven by increased spending from top advertisers [24] Company Strategy and Development Direction - The company is transitioning from a collection of independently managed brands to a unified product-led organization to enhance innovation and user outcomes [6][8] - A planned 13% workforce reduction aims to achieve over $100 million in annualized savings, allowing for reinvestment in growth initiatives [7][40] - The focus is on international expansion, with Hinge launching in Brazil and Mexico, and The League entering the Middle East and India [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving margin goals despite macroeconomic challenges, emphasizing a resilient subscription revenue model [35][64] - The company is prepared to take pricing or merchandising actions to mitigate potential impacts from economic downturns [64] - Management highlighted the importance of trust and safety initiatives to improve user perception and engagement [95] Other Important Information - The company plans to maintain its commitment to return 100% of free cash flow to shareholders through share buybacks and dividends [33] - The restructuring efforts are expected to enhance product execution and accelerate innovation, positioning the company for long-term growth [38] Q&A Session Summary Question: How is the company balancing investment and efficiencies? - The company announced deep cuts to create a more nimble organization while reinvesting savings into international expansion and product development [39][40] Question: What are the priorities for the company moving forward? - The CEO emphasized operating as one unified Match Group, growing Tinder's audience, and supporting Hinge's growth in the intentional dating category [42][46] Question: What is the outlook for Tinder's paying user trajectory? - Management does not expect payer trends to grow this year, anticipating continued declines at a stable rate until product innovations yield results [70] Question: How is the company addressing potential macroeconomic impacts? - The company is monitoring early signs of weakening trends and is prepared to adjust pricing and marketing strategies accordingly [64][65] Question: What is the health of the online dating industry? - The online dating category faces challenges primarily due to a lack of innovation, but the company believes it can drive improved momentum through product innovation [95]

Q1 2025 Supplemental Materials May 8, 2025 February X, 2025 Disclosures and Definitions Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures in addition to financial measures presented in accordance with U.S. GAAP. These non-GAAP financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with U.S. GAAP. See pages 19-33 for a reconciliation of the non-GAAP financial measures to their most compa ...

Exhibit 99.2 Q1 2025 Match Group Prepared Remarks This is my first full-quarter earnings call as CEO, and I want to start by saying how proud I am to be here, and how energized I am by the opportunity ahead. We're a company with a powerful mission – to spark meaningful connections. Our job is to deliver on that mission with urgency, excellence, and a consumer-first mindset by building products that reflect how people want to connect today. Over the last three months, I have visited many of our offices aroun ...

New CEO Spencer Rascoff Drives Increased Product Velocity and Organizational Discipline – Positioning Match Group for $100M+ in Annualized SavingsLOS ANGELES, May 8, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced financial results for the first quarter ended March 31, 2025. "In my first full quarter as CEO, we've moved quickly to reinvigorate the business and this quarter's results show early traction," said Spencer Rascoff, CEO of Match Group. "In just a few months, we've unlocked signifi ...

In its upcoming report, Match Group (MTCH) is predicted by Wall Street analysts to post quarterly earnings of $0.67 per share, reflecting an increase of 52.3% compared to the same period last year. Revenues are forecasted to be $827.91 million, representing a year-over-year decrease of 3.7%. The consensus EPS estimate for the quarter has undergone an upward revision of 2.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their ini ...

Enters into Information Sharing Agreement with Anson Funds DALLAS, April 29, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced its Board of Directors will add Kelly Campbell, the former president of NBCUniversal's Peacock, as a new director to its Board in connection with the 2025 Annual Meeting. As a part of Match Group and Anson Funds' constructive engagement, Match Group and Anson Funds have entered into an information sharing agreement to facilitate ongoing collaboration. Match Group looks ...

Core Viewpoint - The earnings season is particularly significant this year due to recent changes that may affect companies' near-term guidance [1] Company Overview - Kimberly-Clark reported weaker-than-expected results and has cut its full-year outlook [2] - The company has a diverse portfolio of everyday-use brands and professional products centered on paper [2] Financial Performance - Kimberly-Clark has maintained steady demand for its products, allowing it to raise its dividend for 53 consecutive years, earning it a place among Dividend Kings [3] - The stock currently yields 3.8%, making it an attractive source of passive income [3] - The company has lowered its 2025 organic sales growth guidance from an expected outperformance of 2% to a range of 1.5% to 2% [6] - Adjusted earnings per share (EPS) guidance has been revised to flat to positive on a constant currency basis, down from mid-to-high single-digit growth [6] - Free cash flow (FCF) is now expected to be $2 billion, compared to an earlier forecast of more than $2 billion [7] Historical Context - Kimberly-Clark's stock price has stagnated over the last decade, with operating margins consistently in the mid-teens and modest revenue growth in recent years [8] - The company has been underperforming its peer group for several years [10] Strategic Initiatives - The company launched its Powering Care strategy to reorganize into three segments, aiming to streamline operations and enhance flexibility [11] - The impact of this strategy is expected to take time to reflect in the company's results [11] Investment Appeal - Despite recent challenges, Kimberly-Clark's reliable dividend and improved balance sheet, with total net long-term debt at $6.7 billion, make it appealing to risk-averse investors [12][13] - The stock trades at a price-to-earnings (P/E) ratio of 18.3, below its 10-year median of 23.1, suggesting it may be undervalued [13] - The stock is considered a good buy for income investors, offering a higher yield compared to peers like Procter & Gamble, which has a lower yield of 2.7% and a higher P/E of 26.7 [14][15] Future Outlook - With lowered growth projections, Kimberly-Clark has more potential for positive surprises [16] - The sizable 3.8% yield provides a strong incentive for income investors to hold the stock [16]

Core Insights - The article discusses the increasing importance of AI-powered investing systems in identifying investment opportunities and managing market volatility, particularly in the context of recent market fluctuations and trade tensions [1][5][31] AI-Powered Investing Systems - AI algorithms have been developed to analyze vast amounts of data, uncovering connections between fundamental data and future returns that are often missed by human analysts [1] - The AI system "An-E" has been trained on over 1.3 quadrillion data points and is designed for quick reactions to market news, allowing for rapid gains [6][28] Recent Investment Opportunities - Sight Sciences Inc. (SGHT) was identified before a 135% rally, and Nvidia Corp. (NVDA) was noted before a 30% rally, indicating the effectiveness of AI in predicting stock movements [2] - Papa John's International Inc. (PZZA) is highlighted as a strong investment opportunity, trading at 18 times forward earnings after a 35% selloff, with a dividend yield of 5.5% [12][13] - SpartanNash Co. (SPTN) is positioned as a stable investment with a dividend yield above 4.5% and shares trading at 0.9 times book value, suggesting a buying opportunity [16] - Coupang Inc. (CPNG) is expected to benefit from shifts in trade patterns due to tariffs, with analysts raising 2026 earnings-per-share forecasts to $0.83 [20] - Dollar General Corp. (DG) is recommended as a defensive stock with a low valuation of 16 times earnings, making it an attractive option during economic downturns [23] - JBT Marel Corp. (JBTM) is noted for its recent 25% drop in share price, which places it in oversold territory, despite having better protections against tariffs post-merger [25][26] Market Trends and Predictions - The article emphasizes the volatility of the current market, driven by news cycles and trade tensions, which necessitates the use of AI tools for informed decision-making [5][29] - An-E's predictive capabilities are highlighted, with the system able to forecast stock movements over the next 21 trading days and provide a "Confidence Gauge" for its predictions [28][30]

Core Insights - Brera Holdings PLC is expanding its global portfolio of football clubs through a multi-club ownership strategy, with S.S. Juve Stabia's Serie B match against Cremonese being broadcast live in English across the U.S., Canada, and the U.K. [2][4] - Juve Stabia is gaining international recognition, currently ranking 5th in Serie B, with a notable 36.9% increase in squad value since mid-March and a season-high home attendance of 7,000 fans [4][5] Company Overview - Brera Holdings PLC, based in Ireland, focuses on developing a global portfolio of emerging football and sports clubs, building on the legacy of Brera FC, which it acquired in 2022 [6][9] - The company has made strategic investments in various clubs, including a 90% stake in Fudbalski Klub Akademija Pandev in North Macedonia and a majority stake in UYBA Volley, an Italian women's volleyball team [8][9] Strategic Initiatives - The broadcast of Juve Stabia's match is part of a growing interest among U.S. audiences for European football, particularly Serie B, which is known for its competitive nature and emerging talent [5] - Brera Holdings aims to expand its international footprint and attract a broader base of supporters through partnerships like the one with Destination Calcio [5][9]