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IAC Stock Price Correlated With IAC/InterActiveCorp Financials

IAC Stock Price vs. Quarterly
IAC
Income Statement
Cash Flow
Balance Sheet

IAC Income Statement

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Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

IAC Cash Flow

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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

IAC Balance Sheet

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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group
7,065,171 sh
-276,944 sh
-4%
$370,074
$104
JPMorgan Chase
5,640,081 sh
106,591 sh
2%
$295,426
$16,595
ShawSpring Partners
3,586,605 sh
-91,992 sh
-3%
$187,866
$2,501
Blackrock.
3,237,254 sh
-32,834 sh
-1%
$169,566
$4,787
Davis Selected Advisers
2,910,455 sh
-50,463 sh
-2%
$152,450
$3,249
Southeastern Asset Management/Tn/
2,260,225 sh
-60,510 sh
-3%
$118,391
$1,449
UBS Asset Management Americas
2,164,960 sh
477,503 sh
28%
$113,400
$28,368
Freshford Capital Management
1,645,314 sh
259,000 sh
19%
$86,181
$16,325
Arrowmark Colorado Holdings
1,572,518 sh
448,330 sh
40%
$82,368
$25,720
Thompson Siegel & Walmsley
1,549,025 sh
112,778 sh
8%
$81,138
$8,766
Patient Capital Management
1,366,938 sh
682,266 sh
100%
$71,600
$28,603
FMR
1,345,343 sh
-125,510 sh
-9%
$70,469
-$3,648
Timessquare Capital Management
1,299,646 sh
265,235 sh
26%
$68,075
$15,951
Whitebox Advisors
1,280,890 sh
387,000 sh
43%
$67,093
$22,050
Corvex Management Lp
1,266,517 sh
 
$66,340
Durable Capital Partners Lp
1,264,083 sh
271,590 sh
27%
$66,213
$3,884
State Street
1,259,106 sh
35,204 sh
3%
$65,952
$4,280
Newtyn Management
1,210,629 sh
280,629 sh
30%
$63,413
$16,550
Heard Capital
1,130,950 sh
-16,545 sh
-1%
$59,239
$1,417
Geode Capital Management
1,115,315 sh
28,199 sh
3%
$58,429
$3,640
COMPANY PROFILE
IAC HOLDINGS, INC. LEGAL ENTITY FINANCIAL STATEMENTS In connection with the Separation, IAC Holdings, Inc. was incorporated as a Delaware corporation in November 2019 and as of December 31, 2019 did not hold any material assets or liabilities. In contemplation of the Separation: (1) effective January 1, 2020, all employees of the IAC/InterActiveCorp legal entity became employees of the IAC Holdings, Inc. legal entity and (2) during the first quarter of 2020, IAC contributed $1.1 billion in cash to IAC Holdings, Inc. in connection with the transfer of the centrally-managed U.S. treasury function from January 1, 2020 to IAC Holdings, Inc. The assets and liabilities of IAC Holdings. Inc. as of March 31, 2020 and the results of operations for the three months then ended are included within the New IAC combined financial statements.

The following tables present IAC Holdings, Inc. legal entity financial statements at March 31, 2020 and for the three months ended March 31, 2020 :

IAC HOLDINGS, INC. BALANCE SHEET (UNAUDITED)

March 31, 2020

(In thousands, except par value and share data)

ASSETS

Cash and cash equivalents

$

1,171,264

Marketable securities

49,912

Prepaid expenses

23

Other current assets

100

Total current assets

1,221,299

Other non-current assets

111

TOTAL ASSETS

$

1,221,410

LIABILITIES AND SHAREHOLDER EQUITY

LIABILITIES:

Accrued expenses

$

16,604

Total current liabilities

16,604

Other long-term liabilities

111

SHAREHOLDER EQUITY:

Common stock, par value $0.01; authorized, issued and outstanding 1,000 shares



Additional paid-in capital

1,222,344

Accumulated deficit

(17,637

)

Accumulated other comprehensive loss

(12

)

Total shareholder equity

1,204,695

TOTAL LIABILITIES AND SHAREHOLDER EQUITY

$

1,221,410

IAC HOLDINGS, INC. STATEMENT OF OPERATIONS (UNAUDITED)

Three Months Ending March 31,

2020

(in thousands)

Revenue

$



Operating costs and expenses:

General and administrative expense

19,224

Total operating costs and expenses

19,224

Operating loss

(19,224

)

Other income

1,587

Loss before income taxes

(17,637

)

Income tax benefit



Net loss

$

(17,637

)

IAC HOLDINGS, INC. STATEMENT OF COMPREHENSIVE LOSS (UNAUDITED)

Three Months Ended March 31,

2020

(In thousands)

Net loss

$

(17,637

)

Other comprehensive loss:

Change in unrealized losses on available-for-sale marketable debt securities

(12

)

Total other comprehensive loss

(12

)

Comprehensive loss

$

(17,649

)

IAC HOLDINGS, INC. STATEMENT OF SHAREHOLDER EQUITY (UNAUDITED)

Three Months Ending March 31, 2020

Common Stock, $.01 Par Value

Additional Paid-in Capital

Accumulated Deficit

Accumulated Other Comprehensive Loss

Total Shareholder Equity

$

Shares

(in thousands, except par value and share data)

Balance as of December 31, 2019

$



1,000

$



$



$



$



Net loss







(17,637

)



(17,637

)

Other comprehensive loss









(12

)

(12

)

Stock-based compensation expense





5,949





5,949

IAC's contribution of assets and liabilities in connection with the transfer of employees and the centrally-managed U.S. treasury function to IAC Holdings, Inc.





1,216,395





1,216,395

Balance as of March 31, 2020

$



1,000

$

1,222,344

$

(17,637

)

$

(12

)

$

1,204,695

IAC HOLDINGS, INC. STATEMENT OF CASH FLOWS (UNAUDITED)

Three Months Ended March 31,

2020

(In thousands)

Cash flows from operating activities:

Net loss

$

(17,637

)

Adjustments to reconcile net loss to net cash provided by operating activities:

Stock-based compensation expense

5,949

Accretion of marketable securities

(66

)

Changes in assets and liabilities:

Other assets

104

Accounts payable and other liabilities

(10,640

)

Net cash used in operating activities

(22,290

)

Cash flows from financing activities:

IAC's contribution of assets and liabilities in connection with the transfer of the centrally-managed U.S. treasury function to IAC Holdings, Inc

Free historical financial statements for IAC/InterActiveCorp. See how revenue, income, cash flow, and balance sheet financials have changed over 16 quarters since 2020. Compare with IAC stock chart to see long term trends.

Data imported from IAC/InterActiveCorp SEC filings. Check original filings before making any investment decision.