Craft

IAC

Stock Price

$53.8

2024-09-30

Market Capitalization

$4.5 B

2024-08-26

Revenue

$4.4 B

FY, 2023

IAC Summary

Company Summary

Overview
IAC is a media and Internet company. It operates through segments as follows: Dotdash Meredith, Angi, Search, and Emerging and Other. The Dotdash Meredith is a digital and print publisher, which brands include PEOPLE, Better Homes & Gardens, Verywell, FOOD & WINE, The Spruce, Allrecipes, Byrdie, REAL SIMPLE, Investopedia, and Southern Living. The Angi segment is a company that connects home service professionals with consumers across different categories, from repairing and remodeling homes to cleaning and landscaping. The Search segment consists of Ask Media Group, a collection of websites providing general search services and information, and Desktop, which includes direct-to-consumer downloadable desktop applications and business-to-business partnership operations. The Emerging and Other segment consists of Care.com, an online destination for families to connect with caregivers, Mosaic Group, a developer and provider of global subscription mobile applications, Bluecrew, Vivian Health, The Daily Beast, IAC Films, and Newco.
Type
Public
Status
Active
Founded
1995
HQ
New York, NY, US | view all locations
Website
http://www.iac.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Barry Diller

    Barry Diller, Chairman and Senior Executive

    • Joey Levin
    • Shruti Chaudhari

      Shruti Chaudhari, Vice President, Internal Audit

    • Mark Schneider

      Mark Schneider, Senior Vice President, Finance and Investor Relations

    Operating MetricsView all

    Domestic Service Requests Generated (HomeAdvisor)

    5M
    46.8%

    Q2, 2021

    Ending Subscribers (Vimeo)

    1.6M
    23.1%

    Q1, 2021

    Home Services Professionals (HomeAdvisor)

    208K

    FY, 2020

    LocationsView all

    1 location detected

    • New York, NY HQ

      United States

      555 W 18th St

    IAC Financials

    Summary Financials

    Revenue (Q2, 2024)
    $949.5M
    Gross profit (Q2, 2024)
    $682.0M
    Net income (Q2, 2024)
    ($141.5M)
    Cash (Q2, 2024)
    $1.6B
    EBIT (Q2, 2024)
    ($12.0M)
    Enterprise value
    $4.9B

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