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Last $1.78 USD
Change Today +0.01 / 0.56%
Volume 119.4K
MEET On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

meetme inc (MEET) Snapshot

Open
$1.80
Previous Close
$1.77
Day High
$1.81
Day Low
$1.75
52 Week High
05/6/14 - $3.25
52 Week Low
01/8/15 - $1.39
Market Cap
79.9M
Average Volume 10 Days
179.9K
EPS TTM
$-0.11
Shares Outstanding
44.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MEETME INC (MEET)

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meetme inc (MEET) Details

MeetMe, Inc. owns and operates a social network for meeting new people on the Web and on mobile platforms in the United States. The company operates MeetMe.com that provides users with access to various multilingual menu of resources, which promote social interaction, information sharing, and other topics of interest. It offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations. The company was formerly known as Quepasa Corporation and changed its name to MeetMe, Inc. in June 2012. MeetMe, Inc. was founded in 1997 and is headquartered in New Hope, Pennsylvania.

113 Employees
Last Reported Date: 03/13/15
Founded in 1997

meetme inc (MEET) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $250.0K
Chief Financial Officer
Total Annual Compensation: $234.0K
Chief Technology Officer
Total Annual Compensation: $97.9K
Compensation as of Fiscal Year 2013.

meetme inc (MEET) Key Developments

MeetMe, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Reiterates Earnings Guidance for the Year 2015; Provides Earnings Guidance for the First Quarter of 2015

MeetMe, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported revenues of USD 13,021,878 against USD 13,016,106 a year ago. Income from operations was USD 880,683 against USD 283,323 a year ago. Income before income taxes was USD 846,924 against USD 15,290 a year ago. Net income was USD 846,924 against USD 15,290 a year ago. Net income allocable to the common shareholders was USD 846,924 or USD 0.02 per basic and diluted share against USD 15,290 or USD 0.00 per basic and diluted share a year ago. Adjusted EBITDA was USD 2,597,231 or USD 0.05 per diluted share against USD 2,388,290 or USD 0.06 per diluted share a year ago. The company generated positive cash flow from operations of USD 2.7 million in the quarter. Total revenue for the fourth quarter was USD 13 million, up 12% sequentially and up 5% year-over-year, the onetime revenue recognition of the fourth quarter of last year that was due to past deferred revenue for in-app and web purchases previously collected but never actually used. For the year, the company reported revenues of USD 44,817,436 against USD 40,378,007 a year ago. Loss from operations was USD 3,146,404 against USD 10,059,803 a year ago. Loss before income taxes was USD 3,962,164 against USD 10,898,325 a year ago. Net loss was USD 3,962,164 against USD 10,898,325 a year ago. Net loss allocable to the common shareholders was USD 3,962,164 or USD 0.10 per basic and diluted share against USD 10,898,325 or USD 0.29 per basic and diluted share a year ago. Adjusted EBITDA was USD 5,017,865 or USD 0.11 per diluted share against USD 1,810,594 or USD 0.04 per diluted share a year ago. The company increased adjusted EBITDA by 177% on a year-on-year basis to USD 5 million, generated free cash flow of USD 3.5 million. The company is reiterating previously provided guidance for the full year of 2015. For the year, it expects revenue to be in the range of USD 47 million to USD 53 million, which would represent total revenue growth in the range of 5% to 18% year-over-year. It expects adjusted EBITDA for the year to be in the range of USD 7 million to USD 10 million, which represents year-over-year growth in the range of 40% to 70%, demonstrating leverage in business model. For the first quarter of 2015, it expects revenue to be in the range of USD 10.8 million to USD 11.8 million, which represents total revenue growth in the range of 14% to 24% year-over-year. With the growth of mobile revenue, it expects positive adjusted EBITDA for the first quarter to be in the range of USD 1 million to USD 1.5 million compared to a USD 500,000 EBITDA loss a year ago.

MeetMe, Inc. to Report Q4, 2014 Results on Feb 27, 2015

MeetMe, Inc. announced that they will report Q4, 2014 results at 1:30 PM, GMT Standard Time on Feb 27, 2015

MeetMe, Inc., Q4 2014 Earnings Call, Feb 27, 2015

MeetMe, Inc., Q4 2014 Earnings Call, Feb 27, 2015

 

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Industry Analysis

MEET

Industry Average

Valuation MEET Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.8x
Price/Book 0.9x
Price/Cash Flow 304.2x
TEV/Sales 1.3x
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