IAC Inc. (IAC)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Revenue | 586,928 | 570,489 | 938,719 | 949,527 |
Selling and marketing expense | 185,825 | 180,914 | 338,262 | 335,708 |
Product development expense | 49,826 | 50,213 | 78,262 | 78,159 |
General and administrative expense | 117,343 | 62,824 | 185,258 | 209,998 |
Depreciation | 7,980 | 11,946 | 26,445 | 33,448 |
Cost of revenue (exclusive of depreciation shown separately below) | 201,971 | 205,283 | 257,811 | 267,503 |
Amortization of intangibles | 23,408 | 23,533 | 36,355 | 36,710 |
Total operating costs and expenses | 586,353 | 534,713 | 922,393 | 961,526 |
Operating income (loss) | 575 | 35,776 | 16,326 | -11,999 |
Other income, net | 2,828 | 7,688 | 16,363 | 54,693 |
Interest expense | 37,167 | 28,314 | 39,701 | 39,515 |
Unrealized gain (loss) on investment in mgm resorts international | 307,437 | -324,265 | -346,272 | -179,284 |
Earnings (loss) from continuing operations before income taxes | 273,673 | -309,115 | -353,284 | -176,105 |
Income tax (provision) benefit | 63,040 | -79,234 | -115,839 | -34,638 |
Net earnings (loss) from continuing operations | 210,633 | -229,881 | - | - |
Earnings (loss) from discontinued operations, net of tax | - | 15,313 | - | - |
Net earnings (loss) | 210,633 | -214,568 | -237,445 | -141,467 |
Net loss (earnings) attributable to noncontrolling interests | -819 | 2,237 | 6,274 | 765 |
Net earnings (loss) attributable to iac shareholders | 211,452 | -216,805 | -243,719 | -142,232 |
Basic earnings (loss) per share (usd per share) | 2.64 | -2.64 | -2.93 | -1.71 |
Denominator for earnings per shareweighted average shares (in shares) | 82,206,000 | 82,214,000 | 83,178,000 | 83,100,000 |
Diluted earnings (loss) per share (usd per share) | 2.57 | -2.64 | -2.93 | -1.71 |
Weighted average basic iac common stock and class b common stock shares outstanding (in shares) | 80,195,000 | 82,214,000 | 83,178,000 | 83,100,000 |