IAC Inc. (IAC)

IAC Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,211	4,365	5,235	3,700	2,765	2,510
Revenue Growth (YoY)	-15.69%	-16.62%	41.51%	33.82%	10.14%	-0.91%
Cost of Revenue	1,272	1,343	1,934	1,296	745.37	547.66
Gross Profit	2,938	3,022	3,302	2,403	2,019	1,962
Selling, General & Admin	2,348	2,468	2,907	2,160	1,911	1,691
Research & Development	336.7	334.49	318.03	230.81	185.34	132.64
Other Operating Expenses	437.59	480.07	551.46	149.85	460.81	133
Operating Expenses	3,123	3,283	3,776	2,540	2,557	1,957
Operating Income	-184.35	-260.76	-474.77	-137.07	-537.66	5.73
Interest Expense / Income	159.18	157.63	110.17	34.26	16.17	11.9
Other Expense / Income	-260.73	-793.16	916.32	-907.87	-777.85	18.28
Pretax Income	-82.8	374.76	-1,501.26	736.54	224.02	-24.45
Income Tax	24	108.82	-331.09	138.99	-45.71	-47.35
Net Income	-106.8	265.94	-1,170.17	597.55	269.73	22.9
Net Income Growth	-	-	-	121.54%	1078.10%	-90.72%
Shares Outstanding (Basic)	86	86	89	90	85	85
Shares Change	-3.27%	-3.38%	-0.79%	4.95%	0.46%	-
EPS (Basic)	-1.46	3.07	-13.58	6.72	3.40	0.84
EPS (Diluted)	-1.57	2.97	-13.58	6.33	3.20	0.84
EPS Growth	-	-	-	97.81%	280.95%	-71.03%
Free Cash Flow	63.81	48.16	-222.54	46.74	93.86	156.7
Free Cash Flow Per Share	0.74	0.56	-2.50	0.52	1.10	1.84
Gross Margin	69.78%	69.23%	63.06%	64.96%	73.04%	78.18%
Operating Margin	-4.38%	-5.97%	-9.07%	-3.70%	-19.45%	0.23%
Profit Margin	-2.54%	6.09%	-22.35%	16.15%	9.76%	0.91%
Free Cash Flow Margin	1.52%	1.10%	-4.25%	1.26%	3.39%	6.24%
Effective Tax Rate	-	29.04%	-	18.87%	-20.40%	-
EBITDA	562.8	1,105	-881.47	956.39	465.87	138.39
EBITDA Margin	13.37%	25.32%	-16.84%	25.85%	16.85%	5.51%
Depreciation & Amortization	486.42	572.76	509.63	185.59	225.69	150.94
EBIT	76.38	532.39	-1,391.09	770.8	240.19	-12.55
EBIT Margin	1.81%	12.20%	-26.57%	20.83%	8.69%	-0.50%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).