Lendingtree Inc (OQ:TREE)

Business Focus: Consumer Lending

Sector:  Financials Industry:  Consumer Lending
See Regulatory Filings on SEC
Company Contact
Address: 11115 Rushmore Dr
CHARLOTTE NC 28277-3442
Tel: N/A
Website: https://www.lendingtree.com
IR: See website
Key People
Douglas R. Lebda
Chairman of the Board, Chief Executive Officer
Neil J. Salvage
John J.D. Moriarty
Chief Financial Officer
Jill Olmstead
Chief Human Resource Officer
Carla Shumate
Chief Accounting Officer
Arun Sankaran
Chief Information Security Officer
Laura D. Yens
General Counsel and Corporate Secretary
Sushil Sharma
Chief Product Officer
Business Overview
LendingTree, Inc. (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company's online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings. In addition, the Company offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit-based offerings. The Company offers its products in categories, including mortgage products and non-mortgage products. Its mortgage products category includes its purchase and refinance products. Its non-mortgage products include lending products and other products.
Financial Overview
For the three months ended 31 March 2019, Lendingtree Inc revenues increased 45% to $262.4M. Net income before extraordinary items decreased 98% to $669K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Change in fair value of contingent consi increase from $741K (income) to $14.6M (expense).
Employees: 892 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $5,774M as of Mar 31, 2019
Annual revenue (TTM): $846.22M as of Mar 31, 2019
EBITDA (TTM): $110.66M as of Mar 31, 2019
Net annual income (TTM): $74.40M as of Mar 31, 2019
Free cash flow (TTM): $99.71M as of Mar 31, 2019
Net Debt Last Fiscal Year: $374.68M as of Mar 31, 2019
Shares outstanding: 12,879,149 as of Apr 19, 2019
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization