Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


March 28, 2015 12:24 PM ET

Internet Software and Services

Company Overview of Spark Networks, Inc.

Company Overview

Spark Networks, Inc. provides online personals services in the United States and internationally. It operates in four segments: Jewish Networks, Christian Networks, Other Networks, and Offline and Other Businesses. The company creates iconic, niche-focused brands and communities that help individuals make life-long relationships with others that share their interests and values. Its primary properties include ChristianMingle.com and JDate.com, which are communities geared towards singles of the Christian and Jewish faiths. The company, through its Websites and mobile applications, helps members search for and communicate with other like-minded individuals. Its online singles properties provi...

11150 Santa Monica Boulevard

Suite 600

Los Angeles, CA 90025

United States

Founded in 2007

134 Employees

Phone:

310-893-0550

Fax:

866-945-5209

Key Executives for Spark Networks, Inc.

Chief Information Officer
Age: 50
Total Annual Compensation: $260.4K
Compensation as of Fiscal Year 2013.

Spark Networks, Inc. Key Developments

Spark Networks Seeks Acquisitions

Spark Networks, Inc. (AMEX:LOV) Chief Executive Officer Michael Egan stated, "We will continue optimizing our marketing, exploring alternative acquisition channels that are unique to our communities, and incorporating deeper data analysis to ensure that we find and retain our members at more profitable levels."

Spark Networks, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Spark Networks, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. Revenue in the fourth quarter of 2014 was $14.3 million, a decrease of 17% compared to the year ago period. The year over year decrease was primarily driven by a 22% decrease in average paying subscribers, reflecting a 27% and 12% decrease in average paying subscribers for the Christian and Jewish Networks segments, respectively. Operating income was $3.228 million against operating loss of $3.513 million a year ago. Income before income taxes was $2.987 million against loss before income taxes of $3.457 million a year ago. Net income was $3.869 million or $0.16 per basic and diluted share against net loss of $3.549 million or $0.15 per basic and diluted share a year ago. EBITDA was $3.504 million against LBITDA of $2.896 million a year ago. Adjusted EBITDA was $4.096 million against Adjusted LBITDA of $2.787 million a year ago. Full year 2014 revenue was $61.6 million, an 11% decrease compared to 2013. The decrease was primarily driven by a 12% decline in average paying subscribers, reflecting a 12% and 8% decrease in average paying subscribers for the Christian and Jewish Networks segments, respectively. Operating loss was $0.938 million against $12.114 million a year ago. Loss before income taxes was $1.502 million against $11.885 million a year ago. Net loss was $1.127 million or $0.05 per basic and diluted share against $12.380 million or $0.54 per basic and diluted share a year ago. EBITDA was $0.639 million against LBITDA of $9.807 million a year ago. Adjusted EBITDA was $5.539 million against Adjusted LBITDA of $9.072 million a year ago.

Spark Networks, Inc., Q4 2014 Earnings Call, Mar 05, 2015

Spark Networks, Inc., Q4 2014 Earnings Call, Mar 05, 2015

Similar Private Companies By Industry

Company Name Region
YouGov America Inc. United States
Law Practice Resource United States
2bkco Inc. United States
National Banana, Inc. United States
Jadeview LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Spark Networks, Inc., please visit www.spark.net. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.