Match Group: The Shares Have Fallen For You, Again

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About: Match Group, Inc. (MTCH)
by: App Economy Insights
This article is exclusive for subscribers.
Summary

Match Group just posted another record-breaking quarter: $547 million revenue (+20% Y/Y) and 9.8 million subscribers (+19% Y/Y).

The business continues to generate outstanding profits with operating margin improving to 33% in Q4 FY19.

The company is printing money with free cash flow reaching a total of $620 million in FY19.

Growth prospects for Tinder and Hinge, as well as the monetization potential in Asia, make the future of the company look even more exciting.

Despite all of the above, shares have fallen 9% after the report - an opportune time to accumulate shares.

Back in November 2018, I published an article titled "Match Group (MTCH): The Shares Have Fallen For You." Shares had just dropped 17% post-earnings and I was insisting that the large sell-off was