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Last $3.81 USD
Change Today +0.04 / 1.06%
Volume 10.0K
LOV On Other Exchanges
As of 5:15 PM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

spark networks inc (LOV) Snapshot

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05/1/15 - $5.10
52 Week Low
09/30/15 - $2.76
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spark networks inc (LOV) Details

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 and, 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 provide users with services, such as searching for compatible individuals with whom to potentially form long-term relationships; validating compatibility through profiles, viewing photographs, and understanding likes and characteristics; and communicating through a communications platform designed to foster relationships. The company’s Websites offer various features that include posting of a personal profile and photos, onsite email, hotlists and favorites, message boards, real-time chat rooms, instant messaging services, ice breakers, and Click!; and are available in English, Hebrew, and French languages. It also operates four different media properties primarily focused on serving the Christian community. As of December 31, 2014, it had 261,734 average paying subscribers. The company was incorporated in 2007 and is headquartered in Los Angeles, California.

134 Employees
Last Reported Date: 03/16/15
Founded in 2007

spark networks inc (LOV) Top Compensated Officers

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Executives, Board Directors

spark networks inc (LOV) Key Developments

Spark Networks, Inc. Appoints Michael Brodsky to Its Board of Directors

Spark Networks Inc. announced an addition to its Board of Directors with the appointment of Michael Brodsky. Mr. Brodsky brings to the Spark board a significant amount of experience as an investor, board director and operating executive. Since 2014 he has managed Vajra Asset Management, an investment firm he founded that invests in small public companies. He has also served on a number of publicly traded company boards of directors including serving as Chairman of Determine, Inc. Previously, he managed a public equity investment fund for the Pritzker Group in Chicago. He also served as Chairman and CEO of and, after its acquisition by Churchill Downs, served on the Churchill board. Mr. Brodsky served as CFO of the Away Network.

Spark Networks, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015; Reports Impairment Charges for the Third Quarter Ended September 30, 2015

Spark Networks, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported revenue of $11,682,000 against $15,008,000 a year ago. Operating loss was $618,000 against $341,000 a year ago. Loss before income taxes was $809,000 against $681,000 a year ago. Net loss was $822,000 or $0.03 per share basic and diluted against $969,000 or $0.04 per share basic and diluted a year ago. LBITDA was $196,000 against $141,000 a year ago. Adjusted EBITDA was $309,000 against $2,458,000 a year ago. The year over year decrease in revenue was primarily driven by a decrease in average paying subscribers. The sequential decrease was primarily driven by decreases in both average paying subscribers and ARPU for the Christian and Jewish Networks segments. For the nine months, the company reported revenue of $37,430,000 against $47,381,000 a year ago. Operating income was $151,000 against operating loss of $4,166,000 a year ago. Income before income taxes was $72,000 against loss before income taxes of $4,489,000 a year ago. Net loss was $194,000 or $0.01 per share basic and diluted against $4,996,000 or $0.21 per share basic and diluted a year ago. EBITDA was $1,714,000 against LBITDA of $2,865,000 a year ago. Adjusted EBITDA was $2,687,000 against $1,443,000 a year ago. For the third quarter, the company reported impairment of long-lived assets was $26,000 against $103,000 a year ago.

Spark Networks, Inc. to Report Q3, 2015 Results on Nov 03, 2015

Spark Networks, Inc. announced that they will report Q3, 2015 results at 8:20 PM, GMT Standard Time on Nov 03, 2015


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