Match Group Inc Watchlist
Revisiting Long Ideas: Match Group
181 Views, 10 May 2022 04:56
- Match is down 52% over the past 6 months and at $71, Match trades at a 5% FCF yield, ~17x Fwd EBITDA, for ~20% growth / ~35% EBITDA margin
- Covid restrictions lifted in Japan (2nd biggest market) should be tailwind for 2H22
- New CEO from Zynga brings unique mobile monetization skillset ideally suited for coming Tinder Coins summer launch.