LendingTree Inc
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 7, 2025
TREE$35.35-3.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (in thousands, except per share amounts) | |||
| Revenue | $900,219 | $672,502 | $984,992 |
| Costs and expenses: | |||
| Cost of revenue (exclusive of depreciation and amortization shown separately below) | 36,072 | 38,758 | 57,769 |
| Selling and marketing expense | 635,963 | 433,588 | 702,238 |
| General and administrative expense | 108,705 | 117,700 | 152,383 |
| Product development | 46,358 | 47,197 | 55,553 |
| Depreciation | 18,300 | 19,070 | 20,095 |
| Amortization of intangibles | 5,889 | 7,694 | 25,306 |
| Goodwill impairment | — | 38,600 | — |
| Restructuring and severance | 508 | 10,118 | 4,428 |
| Litigation settlements and contingencies | 3,797 | 388 | (18) |
| Total costs and expenses | 855,592 | 713,113 | 1,017,754 |
| Operating income (loss) | 44,627 | (40,611) | (32,762) |
| Other (expense) income, net: | |||
| Interest (expense) income, net | (27,849) | 21,685 | (26,014) |
| Other (expense) income | (54,162) | (105,993) | 3,843 |
| Loss before income taxes | (37,384) | (124,919) | (54,933) |
| Income tax (expense) benefit | (4,320) | 2,515 | (133,019) |
| Net loss and comprehensive loss | $(41,704) | $(122,404) | $(187,952) |
| Weighted average shares outstanding: | |||
| Basic | 13,269 | 12,941 | 12,793 |
| Diluted | 13,269 | 12,941 | 12,793 |
| Net loss per share: | |||
| Basic | $(3.14) | $(9.46) | $(14.69) |
| Diluted | $(3.14) | $(9.46) | $(14.69) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.