Match, the company that owns Tinder, just filed to go public
Tommaso Boddi/Getty Images for Tinder
The ticker symbol on NASDAQ will likely be "MTCH."
Match generated 2014 revenue of $888.3 million, up about 11% year-on-year, with net income of $147.8 million, up 18% year on year, according to the company's prospectus.
Match's portfolio of web companies includes Tinder, PlentyOfFish, Match, HowAboutWe, and OKCupid.
The filing is the second high-profile IPO announcement this week, following digital-payments company Square, which filed its IPO prospectus on Wednesday.
The two companies are among the most highly anticipated public market debuts at a time when many of the tech industry's largest companies are choosing to raise money in the private markets rather than float shares to the public.
After its IPO, Match will be a "controlled company," with more than 50% of its shares own by IAC, the internet conglomerate led by media mogul Barry Diller, the company said in its filing.
Here's a look at the company's financials:
Match indicated an offering size of $100 million in the filing, though that number is typically a placeholder that will increase as before the IPO.
The bankers selected as the lead underwriters for the IPO include JP Morgan, Allen & Co., and BofAMerrill Lynch.
Here's the SEC filing.
NOW WATCH: Have you heard of 'the Tinder for elites'?
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status