Match Group(US:MTCH)2020-02-05 13:08Financial Performance - Match Group's total revenue has shown outstanding growth since its IPO, reaching $2.051 billion in 2019[10] - Tinder's direct revenue also experienced significant growth, reaching $1.152 billion in 2019[12] - In Q4 2019, total revenue reached $547.2 million, a 20% year-over-year increase compared to $457.3 million in Q4 2018[33, 62] - Direct revenue from North America increased by 13% year-over-year in Q4 2019[34] - Direct revenue from International markets increased by 28% year-over-year in Q4 2019[34] - International direct revenue accounted for 49% of total direct revenue in 2019, up from 33% in 2015[37] - Match Group expects revenue and Adjusted EBITDA growth of mid-to-high teens for FY 2020[47] Subscribers and ARPU - Total average subscribers reached 9.809 million in Q4 2019, compared to 8.234 million in Q4 2018[29] - North America average subscribers were 4.637 million in Q4 2019, compared to 4.254 million in Q4 2018[29] - International average subscribers were 5.172 million in Q4 2019, compared to 3.980 million in Q4 2018[29] - Total ARPU was $0.59 in Q4 2019, a 1% increase compared to $0.58 in Q4 2018[29] Strategic Initiatives and Investments - Hinge experienced over 2x year-over-year growth in downloads due to a focus on product and user experience in 2019[15] - OkCupid has seen 8 consecutive quarters of year-over-year growth in direct revenue, averaging nearly 10% per quarter[20] - Match Group plans to continue investing in new bets to fuel long-term growth, with $35-40 million (~2% of revenue) expected for investments in emerging brands in 2020[41, 42]