IAC Inc. financial data

Symbol
IAC on Nasdaq
Industry
Services-Computer Programming, Data Processing, Etc.
Location
555 West 18 Th Street, New York, NY
State of incorporation
Delaware
Fiscal year end
December 31
Former names
IAC/InterActiveCorp (to 8/9/2022), IAC Holdings, Inc. (to 7/1/2020)
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 246 % +7.29%
Return On Equity -2.4 % -161%
Return On Assets -1.56 % -162%
Operating Margin -10 % -78.3%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 4.76B USD -20.6%
Weighted Average Number of Shares Outstanding, Basic 83.1M shares +0.02%
Weighted Average Number of Shares Outstanding, Diluted 83.1M shares +0.02%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 930M USD -14.3%
Revenue from Contract with Customer, Excluding Assessed Tax 4.05B USD -14.6%
Research and Development Expense 328M USD +2.61%
Selling and Marketing Expense 1.44B USD -17.1%
General and Administrative Expense 823M USD -16.7%
Costs and Expenses 4.19B USD -18.4%
Operating Income (Loss) -141M USD +64%
Nonoperating Income (Expense) 119M USD +398%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -148M USD -145%
Income Tax Expense (Benefit) 13.7M USD -83.7%
Net Income (Loss) Attributable to Parent -160M USD -161%
Earnings Per Share, Basic -1.77 USD/shares -162%
Earnings Per Share, Diluted -1.73 USD/shares -164%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.6B USD +20.7%
Accounts Receivable, after Allowance for Credit Loss, Current 490M USD -6.1%
Other Assets, Current 189M USD -19.1%
Assets, Current 2.37B USD +7.73%
Other Long-term Investments 5.01M USD
Property, Plant and Equipment, Net 409M USD -17.3%
Operating Lease, Right-of-Use Asset 300M USD -30%
Intangible Assets, Net (Excluding Goodwill) 794M USD -25.3%
Goodwill 2.88B USD -5.09%
Other Assets, Noncurrent 477M USD -2.03%
Assets 10.2B USD -3.27%
Employee-related Liabilities, Current 180M USD +6.59%
Accrued Liabilities, Current 649M USD -9.35%
Contract with Customer, Liability, Current 121M USD -25%
Liabilities, Current 885M USD -14.4%
Contract with Customer, Liability, Noncurrent 100K USD 0%
Deferred Income Tax Liabilities, Net 172M USD -3.36%
Operating Lease, Liability, Noncurrent 401M USD -22.7%
Other Liabilities, Noncurrent 451M USD -13%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6.47M USD +6.24%
Retained Earnings (Accumulated Deficit) -96.3M USD -251%
Stockholders' Equity Attributable to Parent 6.01B USD -1.77%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 6.7B USD -1.2%
Liabilities and Equity 10.2B USD -3.27%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 64.1M USD +155%
Net Cash Provided by (Used in) Financing Activities -26M USD +72.9%
Net Cash Provided by (Used in) Investing Activities 172M USD +231%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 210M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.63B USD +21.8%
Deferred Tax Assets, Valuation Allowance 132M USD +6.49%
Deferred Tax Assets, Gross 866M USD -3.66%
Operating Lease, Liability 469M USD -19.9%
Depreciation 33.4M USD -19%
Payments to Acquire Property, Plant, and Equipment 15.7M USD -28.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -160M USD -159%
Lessee, Operating Lease, Liability, to be Paid 564M USD -32.2%
Property, Plant and Equipment, Gross 830M USD +5.66%
Operating Lease, Liability, Current 68.1M USD +1.39%
Lessee, Operating Lease, Liability, to be Paid, Year Two 81.5M USD -11.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 89.6M USD -4.93%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 45M USD -64.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 94.6M USD -61.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 76.5M USD -12.5%
Deferred Tax Assets, Operating Loss Carryforwards 435M USD -5.08%
Unrecognized Tax Benefits 19M USD +18.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 63.1M USD -23.9%
Amortization of Intangible Assets 261M USD -14.1%
Deferred Tax Assets, Net of Valuation Allowance 734M USD -5.28%
Share-based Payment Arrangement, Expense 116M USD -4.3%
Interest Expense 159M USD +25.9%