Announcement • Jul 16
People Incorporated to Report Q2, 2026 Results on Aug 04, 2026 People Incorporated announced that they will report Q2, 2026 results Pre-Market on Aug 04, 2026 Announcement • Jun 23
People Incorporated Announces Executive Changes, Effective June 16, 2026 People Incorporated announced that on June 16, 2026, Christopher Currier was appointed as Chief Accounting Officer (Principal Accounting Officer) of People Incorporated, effective June 16, 2026. Prior to this appointment, Mr. Currier, age 41, served as the Company's Senior Vice President and Controller. Prior to joining the Company, Mr. Currier spent over seven years with Ernst & Young LLP in various roles within the transformative strategy and transactions, audit, financial accounting advisory and valuation practices. Mr. Currier joined the Company in 2014. In connection with his appointment, Mr. Currier entered into a Retention Agreement with the Company, dated May 26, 2026. Concurrently with Mr. Currier's appointment and as of June 16, 2026, Michael H. Schwerdtman, Senior Vice President, Chief Accounting Officer (Principal Accounting Officer) notified the Company that he was retiring from his position, effective as of June 16, 2026, after having served in such role since November 2024 and previously from December 2004 until his retirement from his position in August 2023. Mr. Schwerdtman will remain an employee of the Company and continue to serve as an advisor from June 16, 2026 through February 28, 2027. Announcement • Mar 17
Pacific Avenue Capital Partners, LLC completed the acquisition of Care.com, Inc. from IAC Inc. (NasdaqGS:IAC). Pacific Avenue Capital Partners, LLC agreed to acquire Care.com, Inc. from IAC Inc. (NasdaqGS:IAC) for $320 million on March 2, 2026. A cash consideration of $320 million will be paid by Care Parent, LLC. As part of consideration, $320 million is paid towards None of Care.com, Inc.
The transaction is expected to be completed in the first half of 2026 after March 13, 2026 subject to customary closing conditions.
J.P. Morgan Securities LLC acted as exclusive financial advisor for IAC Inc. Amber Banks, Thomas Engelhardt, Katharine Moir, David Della Rocca, Megan Alessi, Sandra Benjamin, Morgan Brubaker, Clayton Northouse, Mandy Reeves, Farrell Malone, Patrick English, Paul Rosen, Héctor Armengod, Jana Dammann de Chapto and Jennifer Kent of Latham and Watkins LLP acted as legal counsel to IAC Inc. Weil, Gotshal & Manges LLP acted as legal advisor and Moelis & Company LLC acted as financial advisor to Care Parent, LLC.
Pacific Avenue Capital Partners, LLC completed the acquisition of Care.com, Inc. from IAC Inc. (NasdaqGS:IAC) on March 16, 2026. Announcement • Jan 15
IAC Inc. to Report Q4, 2025 Results on Feb 03, 2026 IAC Inc. announced that they will report Q4, 2025 results After-Market on Feb 03, 2026 Announcement • Oct 09
IAC Inc. to Report Q3, 2025 Results on Nov 03, 2025 IAC Inc. announced that they will report Q3, 2025 results After-Market on Nov 03, 2025 Announcement • Jul 10
IAC Inc. to Report Q2, 2025 Results on Aug 04, 2025 IAC Inc. announced that they will report Q2, 2025 results After-Market on Aug 04, 2025 Announcement • May 07
IAC Inc., Annual General Meeting, Jun 18, 2025 IAC Inc., Annual General Meeting, Jun 18, 2025. Announcement • Apr 10
IAC Inc. to Report Q1, 2025 Results on May 05, 2025 IAC Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025 Announcement • Apr 01
IAC Inc. completed the Spin-Off of Angi Inc. (NasdaqGS:ANGI). IAC Inc. (NasdaqGS:IAC) agreed to Spin-Off Angi Inc. (NasdaqGS:ANGI) on January 13, 2024. The completion of the proposed spin-off transaction is subject to a number of conditions including final approval by the IAC Board of Directors and receipt of a tax opinion. The transaction is expected to close in the first half of 2025 but no sooner than March 31, 2025. As of March 10, 2025, The transaction has been approved by the board of IAC Inc. on March 7, 2025, and declared a special dividend (the “Distribution”) of all of the shares of Angi capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share (the “IAC common stock”), and IAC Class B common stock, par value $0.0001 per share (the “IAC Class B common stock” and together with the IAC common stock, “IAC Stock”). The the dividend will be paid through the distribution of shares of Angi Class A common stock, par value $0.001 per share (the “Angi Class A common stock”), on March 31, 2025 (the “Distribution Date”) to holders of record of IAC Stock as of the close of business on March 25, 2025 (the “Record Date”), on a pro rata basis, subject to the satisfaction or waiver of certain conditions to the Distribution, as described in the Registration Statement on Form S-3, as amended, filed by Angi in connection with the spin-off. As of March 28, 2025, the Company has been informed that the ex-dividend date for IAC common stock will be April 1, 2025. The transaction expected to be completed on April 1, 2025.
IAC Inc. (NasdaqGS:IAC) completed the Spin-Off Angi Inc. (NasdaqGS:ANGI) on March 31, 2025. As a result of the Distribution, IAC no longer owns any shares of Angi capital stock and Angi became an independent public company. Joseph Levin ceased to serve as Chief Executive Officer of IAC and as a member of the board of directors to Executive Chairman of Agni and Jeff Kip as CEO of Agni. Announcement • Mar 11
IAC Inc. Declares Special Dividend, Payable on March 31, 2025 On March 7, 2025, the Board of Directors of IAC Inc. declared a special dividend of all of the shares of Angi capital stock held by IAC to the holders of IAC common stock, par value $0.0001 per share and IAC Class B common stock, par value $0.0001 per share . The dividend will be paid through the distribution of shares of Angi Class A common stock, par value $0.001 per share on March 31, 2025 to the holders of record of IAC Stock as of the close of business on March 25, 2025, on a pro rata basis, subject to the satisfaction or waiver of certain conditions to the Distribution. Reported Earnings • Feb 12
Full year 2024 earnings released: US$6.49 loss per share (vs US$3.07 profit in FY 2023) Full year 2024 results: US$6.49 loss per share (down from US$3.07 profit in FY 2023). Revenue: US$3.81b (down 13% from FY 2023). Net loss: US$539.9m (down 310% from profit in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Interactive Media and Services industry in the United Kingdom. Announcement • Jan 14
IAC Inc. to Report Q4, 2024 Results on Feb 11, 2025 IAC Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 11, 2025 Reported Earnings • Nov 13
Third quarter 2024 earnings released: US$2.93 loss per share (vs US$4.72 loss in 3Q 2023) Third quarter 2024 results: US$2.93 loss per share (improved from US$4.72 loss in 3Q 2023). Revenue: US$938.7m (down 16% from 3Q 2023). Net loss: US$243.7m (loss narrowed 38% from 3Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Buy Or Sell Opportunity • Nov 13
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.7% to US$49.67. The fair value is estimated to be US$64.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Meanwhile, the company became loss making. Announcement • Oct 17
IAC Inc. to Report Q3, 2024 Results on Nov 11, 2024 IAC Inc. announced that they will report Q3, 2024 results After-Market on Nov 11, 2024 Reported Earnings • Aug 07
Second quarter 2024 earnings released: US$1.71 loss per share (vs US$0.94 loss in 2Q 2023) Second quarter 2024 results: US$1.71 loss per share (further deteriorated from US$0.94 loss in 2Q 2023). Revenue: US$949.5m (down 15% from 2Q 2023). Net loss: US$142.2m (loss widened 83% from 2Q 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Interactive Media and Services industry in the United Kingdom. Announcement • Jul 18
IAC Inc. to Report Q2, 2024 Results on Aug 06, 2024 IAC Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Announcement • Jul 11
Barry Diller Reportedly Hints At Continued Interest in Paramount Media mogul Barry Diller IAC Inc. (NasdaqGS:IAC), Chairman hinted to reporters at the annual Sun Valley Conference on July 10, 2024 that he may still be interested in making a bid for Paramount Global (NasdaqGS:PARA). On July 08, 2024, Paramount announced it had agreed to merge with Skydance Media in a deal handing control of the storied Hollywood studio to producer David Ellison. The agreement gave the sellers 45 days to seek better offers. Diller told reporters that 45 days is "a lifetime," according to Bloomberg. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.52 (vs US$4.75 in 1Q 2023) First quarter 2024 results: EPS: US$0.52 (down from US$4.75 in 1Q 2023). Revenue: US$929.7m (down 14% from 1Q 2023). Net income: US$45.0m (down 89% from 1Q 2023). Profit margin: 4.8% (down from 38% in 1Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$56.33, the stock trades at a trailing P/E ratio of 18.9x. Average forward P/E is 19x in the Interactive Media and Services industry in the United Kingdom. Total returns to shareholders of 4.6% over the past year. Announcement • Apr 28
IAC Inc., Annual General Meeting, Jun 11, 2024 IAC Inc., Annual General Meeting, Jun 11, 2024, at 09:30 US Eastern Standard Time. Agenda: To elect twelve members of IAC’s board of directors, each to hold office until the next succeeding annual meeting of stockholders or until such director’s successor shall have been duly elected and qualified; to approve an amendment to the Company’s Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation; to approve a non-binding advisory vote on 2023 executive compensation; to ratify the appointment of Ernst & Young LLP as IAC’s independent registered public accounting firm for the 2024 fiscal year; and to transact other business. Announcement • Apr 17
IAC Inc. to Report Q1, 2024 Results on May 07, 2024 IAC Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024 Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: US$3.07 (vs US$13.58 loss in FY 2022) Full year 2023 results: EPS: US$3.07 (up from US$13.58 loss in FY 2022). Revenue: US$4.37b (down 17% from FY 2022). Net income: US$256.7m (up US$1.43b from FY 2022). Profit margin: 5.9% (up from net loss in FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in the United Kingdom. New Risk • Feb 18
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.5% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 14
Full year 2023 earnings released: EPS: US$3.07 (vs US$13.58 loss in FY 2022) Full year 2023 results: EPS: US$3.07 (up from US$13.58 loss in FY 2022). Revenue: US$4.37b (down 17% from FY 2022). Net income: US$265.9m (up US$1.44b from FY 2022). Profit margin: 6.1% (up from net loss in FY 2022). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Announcement • Jan 18
IAC Inc. to Report Q4, 2023 Results on Feb 13, 2024 IAC Inc. announced that they will report Q4, 2023 results After-Market on Feb 13, 2024 Announcement • Dec 15
IAC Inc. Appoints Maria Seferian to the Board of Directors Effective December 12, 2023, Maria Seferian, age 51, was appointed to the board of directors of IAC Inc. Ms. Seferian has served as General Counsel of Hillspire, LLC, an integrated, single-family management firm (“Hillspire”), since 2014. In her role, Ms. Seferian oversees the firm’s legal, tax, special investments and initiatives, trusts & estates, strategic planning, grants management and compliance functions. Prior to joining Hillspire, Ms. Seferian worked (most recently as a partner) at Munger, Tolles & Olson, LLP, a law firm with a national and international practice, from 2001, where she specialized in mergers and acquisitions, joint ventures, capital markets and general corporate transactions, representing private and public clients across diverse industries from private equity to entertainment. From 2013 to 2014, Ms. Seferian also served as Interim Director and Chief Executive Officer of the Museum of Contemporary Art in Los Angeles (“MOCA”), where she led the institution through a financial turn-around, securing its long-term stability. Ms. Seferian holds a Bachelor of Arts in philosophy and Master of Arts from the University of Illinois at Urbana-Champaign and a J.D. with honors from Harvard Law School. Following law school and before entering private practice, Ms. Seferian served as a judicial clerk for the Honorable Justice James L. Oakes in the U.S. Court of Appeals for the Second Circuit. In addition to her for-profit affiliations, Ms. Seferian serves as Chairperson of the Board of Trustees of MOCA and as a director of the Schmidt Family Foundation. New Risk • Nov 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 08
Third quarter 2023 earnings released: US$4.72 loss per share (vs US$0.74 loss in 3Q 2022) Third quarter 2023 results: US$4.72 loss per share (further deteriorated from US$0.74 loss in 3Q 2022). Revenue: US$1.11b (down 15% from 3Q 2022). Net loss: US$390.5m (loss widened US$326.7m from 3Q 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Interactive Media and Services industry in the United Kingdom. Announcement • Nov 07
IAC Inc. to Report Q3, 2023 Results on Nov 07, 2023 IAC Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Buying Opportunity • Sep 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be US$63.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is forecast to decline by 19% per annum over the same time period. Announcement • Aug 17
IAC Inc. Announces Management Changes, Effective September 18, 2023 On August 10, 2023, Erik Bradbury was appointed as Senior Vice President and Controller (Principal Accounting Officer) of IAC Inc. (the “Company” or “IAC”)), effective on or about September 18, 2023 (the “Effective Date”). Prior to this appointment, Mr. Bradbury, age 45, served as Chief Accounting Officer (Principal Accounting Officer) of DraftKings Inc. since September 2020. In this capacity, Mr. Bradbury oversaw DraftKings’ corporate accounting functions, including SEC and regulatory reporting, operational accounting, accounting policy and the development of relevant accounting positions. Prior to his tenure at DraftKings, Mr. Bradbury was a Partner with Ernst & Young LLP from July 2017 through September 2020. From September 2015 until September 2017, Mr. Bradbury served as a Professional Accounting Fellow at Financial Executives International. Prior to his role as a Professional Accounting Fellow, Mr. Bradbury spent 11 years in Ernst & Young’s U.S. Assurance practice, where he served in multiple roles, including within the National Professional Practice Group, Financial Accounting Advisory Services practices and as an auditor. Mr. Bradbury received a degree in accounting from Brigham Young University and is a Certified Public Accountant. On August 10, 2023, Michael H. Schwerdtman, Senior Vice President, Controller (Principal Accounting Officer) notified the Company that he was retiring from his position, effective as of the Effective Date, after having served in such role since December 2004. Mr. Schwerdtman will remain an employee of the Company and continue to serve as an advisor from the Effective Date through March 1, 2024. New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. New Risk • Aug 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 09
Second quarter 2023 earnings released: US$1.07 loss per share (vs US$10.02 loss in 2Q 2022) Second quarter 2023 results: US$1.07 loss per share (improved from US$10.02 loss in 2Q 2022). Revenue: US$1.11b (down 18% from 2Q 2022). Net loss: US$89.0m (loss narrowed 90% from 2Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in the United Kingdom. Announcement • Jul 22
IAC Inc. to Report Q2, 2023 Results on Aug 08, 2023 IAC Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 08, 2023 Buying Opportunity • Jul 02
Now 21% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be US$79.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jun 09
Now 20% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be US$74.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • May 24
Now 21% undervalued Over the last 90 days, the stock is up 5.8%. The fair value is estimated to be US$71.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 11
IAC Inc. (NasdaqGS:IAC) acquired an additional unknown stake in Turo Inc. for approximately $100 million. IAC Inc. (NasdaqGS:IAC) acquired an additional unknown stake in Turo Inc. for approximately $100 million on April 25, 2023. Following the purchase, IAC’s aggregate percentage ownership in Turo is 31%.
IAC Inc. (NasdaqGS:IAC) completed the acquisition of Turo Inc. on April 25, 2023 Reported Earnings • May 10
First quarter 2023 earnings released: EPS: US$4.72 (vs US$2.72 loss in 1Q 2022) First quarter 2023 results: EPS: US$4.72 (up from US$2.72 loss in 1Q 2022). Revenue: US$1.08b (down 18% from 1Q 2022). Net income: US$417.8m (up US$653.6m from 1Q 2022). Profit margin: 39% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Interactive Media and Services industry in the United Kingdom. Reported Earnings • Feb 14
Full year 2022 earnings released: US$13.58 loss per share (vs US$6.72 profit in FY 2021) Full year 2022 results: US$13.58 loss per share (down from US$6.72 profit in FY 2021). Revenue: US$5.24b (up 42% from FY 2021). Net loss: US$1.17b (down 303% from profit in FY 2021). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Interactive Media and Services industry in the United Kingdom. Announcement • Feb 03
IAC Inc. Announces Executive Changes Effective February 2, 2023, Christopher Halpin has been appointed to the newly created role of Chief Operating Officer and will continue in his role as Chief Financial Officer of IAC Inc. In addition, effective March 1, 2023 (the “Effective Date”), Mark Stein, Chief Strategy Officer of IAC, will step down from his current role to become Senior Advisor to IAC, in which capacity he will primarily oversee the company’s Ask Media Group business and a number of IAC’s minority investments. Upon the Effective Date, Mr. Stein will cease to be an executive officer of IAC. Announcement • Jan 18
IAC Inc. to Report Q4, 2022 Results on Feb 13, 2023 IAC Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 13, 2023 Recent Insider Transactions • Nov 26
Independent Director recently bought US$5.0m worth of stock On the 23rd of November, Michael Eisner bought around 106k shares on-market at roughly US$47.13 per share. This transaction increased Michael's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 10 highly experienced directors. CEO & Director Joey Levin was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 10
Second quarter 2022 earnings released: US$10.02 loss per share (vs US$2.32 profit in 2Q 2021) Second quarter 2022 results: US$10.02 loss per share (down from US$2.32 profit in 2Q 2021). Revenue: US$1.36b (up 64% from 2Q 2021). Net loss: US$869.1m (down US$1.07b from profit in 2Q 2021). Over the next year, revenue is forecast to grow 26%, compared to a 12% growth forecast for the industry in the United Kingdom. Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 9 highly experienced directors. Independent Director Wes Moore was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
