Iac Inc Intrinsic Stock Value – IAC INC Reports Fourth Quarter Financial Earnings Results for Fiscal Year 2022
March 3, 2023
Earnings report
Iac Inc Intrinsic Stock Value – IAC INC ($NASDAQ:IAC) reported their financial earnings results for the fourth quarter of the fiscal year 2022, which ended on December 31, 2022. The total revenue for the quarter was reported to be USD -1.4 million, a decrease of 107.6% when compared to the same period in the previous year. Net income, however, was reported to be USD 1246.5 million, an impressive 7.5% increase year on year.
This report was released on February 13, 2023 and paints a positive picture for IAC INC. Despite the decrease in total revenue, the fact that net income increased demonstrates their success in streamlining their operations and highlighting their strengths. This promising financial report is a sign that IAC INC is on track to reach their financial goals this fiscal year and beyond.
Price History
1 , b u t b y m a r k e t c l o s e h a d d r o p p e d b y 1 . 2 . D e s p i t e t h i s d e c r e a s e i n i t s s t o c k p r i c e , t h e c o m p a n y r e p o r t e d a 4 .
3 % f r o m t h e y e a r p r i o r . I A C I N C a t t r i b u t e s m u c h o f i t s s u c c e s s t o i t s o n g o i n g c o m m i t m e n t t o d e l i v e r i n g h i g h q u a l i t y a n d i n n o v a t i v e p r o d u c t s a n d s e r v i c e s t o b o t h c o r p o r a t e a n d c o n s u m e r c u s t o m e r s. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Iac Inc. More…
| Total Revenues | Net Income | Net Margin |
| 5.24k | -1.17k | -9.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Iac Inc. More…
| Operations | Investing | Financing |
| -82.79 | -494.81 | -112.65 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Iac Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.39k | 3.79k | 66.45 |
Key Ratios Snapshot
Some of the financial key ratios for Iac Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.2% | – | -27.0% |
| FCF Margin | ROE | ROA |
| -4.3% | -15.0% | -8.5% |
Analysis – Iac Inc Intrinsic Stock Value
At GoodWhale, we have analysed the financials of IAC INC. Our proprietary Valuation Line gave us an intrinsic value for their share of $139.1. Currently, IAC INC shares are being traded at $51.2, which is 63.2% below their intrinsic value. This makes IAC INC a great investment opportunity and a great buy for the value-oriented investors. We recommend analyzing IAC INC’s financials further by using our advanced financial analysis tools, to gain an even better understanding of this stock and to make a more informed decision. More…
Peers
IAC/InterActiveCorp is headquartered in New York City.
– Angi Inc ($NASDAQ:ANGI)
As of 2022, Angi Inc’s market cap is 971.35M and its ROE is -5.81%. Angi Inc is a provider of home services that connects consumers with service professionals. The company operates in two segments: HomeAdvisor and Angie’s List. Its HomeAdvisor segment offers a digital marketplace that connects consumers with service professionals for home repair, maintenance, and improvement projects. The Angie’s List segment offers a membership-based website and app that provides consumers with reviews of local service providers.
– Match Group Inc ($NASDAQ:MTCH)
Match Group Inc is an American Internet company that owns and operates several online dating websites and apps. The company has a market cap of 12.02B as of 2022 and a return on equity of -41.93%. Match Group Inc was founded in 1995 and is headquartered in Dallas, Texas. The company offers a variety of online dating services and apps, including Tinder, Hinge, OkCupid, PlentyOfFish, and Match.com.
– InfoSearch Media Inc ($OTCPK:ISHM)
Media Inc has a market cap of 52.49k as of 2022. The company is a provider of information and analysis on the media industry, including traditional and digital media companies.
Summary
IAC Inc, a publicly-traded company, has released its financial statement for the year ending 2023. According to the statement, the company has achieved a net income of USD 1246.5 million, representing a 7.5% increase from the previous year. This impressive performance is likely to draw the attention of investors and further strengthen the company’s stock value. With sustained success in the market, IAC Inc is well-positioned to continue capturing higher gains in the future.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
