(Online Dating Industry Journal) Spark Networks, which owns and operates a dozen online dating services (including American Singles) saw it's first quarter revenue increase 10% to $16.5 million. For the same period last year, Spark Networks revenue was $15.1 million. Spark Networks also reported a first quarter net income of $2.0 million compared to a net loss of $3.0 million for the same period last year.
Spark Networks owns and operates American Singles, Jdate.com, Glimpse.com, CollegeLuv.com, Cupid.co.il, Jdate.co.il, Date.ca, SilverSingles.com, MatchNet.de, MatchNet.com.au, MatchNet.co.uk, and FaceLink.com.
Spark Networks reported that there was a first quarter 10% revenue increase in its Jdate segment of business, over the same period last year, but a 5% decrease in its American Singles segment, over the same period last year.
Spark Networks also released the following interesting metrics:
"Average paying subscribers for the company in the first quarter of 2005 totaled 222,700, an increase of 7%, compared to 207,400, from the same period last year.
Average paying subscribers for the company’s JDate segment were 70,400, a decrease of 3%, compared to 72,300, from the same period last year.
Average paying subscribers for the company’s AmericanSingles segment were 121,600, a decrease of 4%, compared to 126,900, from the same period last year.
Average paying subscribers for the company’s Other Businesses segment were 30,700, an increase of 274%, compared to 8,200, from the same period last year.
Direct Subscriber Acquisition Cost (SAC) for the company’s JDate segment was $9.01, an increase of 58%, compared to $5.71, from the same period last year.
SAC for the company’s AmericanSingles segment was $25.61, a decrease of 28%, compared to $35.75, from the same period last year.
SAC for the company’s Other Businesses segment was $46.97, an increase of 46%, compared to $32.14, from the same period last year."
View the full report here.
Comments