LendingTree, Inc. (TREE)

LendingTree Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	900.22	672.5	984.99	1,098	909.99
Revenue Growth (YoY)	33.86%	-31.72%	-10.33%	20.72%	-17.77%
Cost of Revenue	36.07	38.76	57.77	57.3	54.49
Gross Profit	864.15	633.74	927.22	1,041	855.5
Selling, General & Admin	744.67	551.29	854.62	927.46	746.51
Research & Development	46.36	47.2	55.55	52.87	43.64
Operating Expenses	815.22	625.25	955.58	1,041	857.42
Operating Income	48.93	8.5	-28.35	0.23	-1.92
Interest Expense	-37.95	-30.02	-26.01	-46.87	-28.53
Other Non Operating Income (Expenses)	4.21	8.51	3.84	-	0.38
EBT Excluding Unusual Items	15.2	-13.01	-50.52	-46.64	-30.08
Merger & Restructuring Charges	-0.51	-10.12	-4.43	-0.05	-0.3
Impairment of Goodwill	-	-38.6	-	-	-
Gain (Loss) on Sale of Investments	-58.38	-114.5	-	123.27	-
Legal Settlements	-3.8	-0.39	0.02	-0.39	0.94
Other Unusual Items	10.1	51.7	-	8.25	-13.1
Pretax Income	-37.38	-124.92	-54.93	84.44	-42.53
Income Tax Expense	4.32	-2.52	133.02	11.3	-19.96
Earnings From Continuing Operations	-41.7	-122.4	-187.95	73.14	-22.57
Earnings From Discontinued Operations	-	-	-	-4.02	-25.69
Net Income	-41.7	-122.4	-187.95	69.12	-48.26
Net Income to Common	-41.7	-122.4	-187.95	69.12	-48.26
Shares Outstanding (Basic)	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	14	13
Shares Change (YoY)	2.54%	1.16%	-6.59%	5.29%	-11.03%
EPS (Basic)	-3.14	-9.46	-14.69	5.24	-3.71
EPS (Diluted)	-3.14	-9.46	-14.69	5.05	-3.71
Free Cash Flow	51.04	55.04	31.52	99.51	-3.58
Free Cash Flow Per Share	3.85	4.25	2.46	7.27	-0.28
Gross Margin	95.99%	94.24%	94.14%	94.78%	94.01%
Operating Margin	5.44%	1.26%	-2.88%	0.02%	-0.21%
Profit Margin	-4.63%	-18.20%	-19.08%	6.29%	-5.30%
Free Cash Flow Margin	5.67%	8.19%	3.20%	9.06%	-0.39%
EBITDA	59.62	21.86	2.95	47.58	54.26
EBITDA Margin	6.62%	3.25%	0.30%	4.33%	5.96%
D&A For EBITDA	10.69	13.36	31.3	47.35	56.18
EBIT	48.93	8.5	-28.35	0.23	-1.92
EBIT Margin	5.44%	1.26%	-2.88%	0.02%	-0.21%
Effective Tax Rate	-	-	-	13.38%	-
Advertising Expenses	3.89	7.56	-	716.6	567.7

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q