IAC Interactive Company profile
About IAC/Interactivecorp
IAC/Interactivecorp. is a media and Internet company. The Company's segments include Dotdash Meredith, Angi Inc., Search and Emerging & Other. Its Dotdash Meredith segment consists of its digital and print businesses. Through its digital business, it provides original and engaging digital content in a variety of formats, including articles, illustrations, videos and images. Its print business published approximately 30 magazines, as well as more than 350 special interest publications. Its brands include PEOPLE, Entertainment Weekly, Investopedia and others. Its Angi Inc. segment includes the North American (United States and Canada) and European businesses and operations of Angi Inc. Its North American businesses and operations include Angi Ads, Angi Leads and Angi Services. Its Search segment consists of Ask Media Group and its Desktop business. Its Emerging & Other segment includes Care.com, Mosaic Group, Bluecrew, Vivian Health, The Daily Beast, IAC Films and Newco.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, IAC/Interactivecorp revenues increased 34% to $3.7B. Net income applicable to common stockholders excluding extraordinary items increased 99% to $579.5M. Revenues reflect Search segment increase of 42% to $873.3M, Dotdash segment increase from $213.8M to $456.3M, Emerging & Other segment increase of 45% to $707.2M, United States segment increase of 38% to $3.18B.
Equity composition
Common $.001 Par, 03/11, 1.6B auth., 227,471,581 issd, less 142,202,781 shs. in Treas. @ cost. Insider own 1.15%. Cl.B Com. $.001 Par, 400M auth., 16,157,499 issd, less 11,562,121 shs. in Treas @ cost. Insider own 100%. 2/00, 2-for-1 stocksplit. 08/08, 1-for-2 reverse stock split.