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Last €1.46 EUR
Change Today +0.046 / 3.26%
Volume 0.0
Q86 On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 3:33 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

meetme inc (Q86) Snapshot

Open
€1.42
Previous Close
€1.41
Day High
€1.46
Day Low
€1.38
52 Week High
03/9/15 - €1.98
52 Week Low
06/22/15 - €1.15
Market Cap
66.3M
Average Volume 10 Days
11.0
EPS TTM
--
Shares Outstanding
45.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MEETME INC (Q86)

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meetme inc (Q86) 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 (Q86) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $298.5K
Chief Financial Officer
Total Annual Compensation: $321.8K
Executive Vice President of Business Affairs ...
Total Annual Compensation: $257.5K
Chief Revenue Officer
Total Annual Compensation: $214.5K
Consultant
Total Annual Compensation: $309.4K
Compensation as of Fiscal Year 2014.

meetme inc (Q86) Key Developments

San Francisco City Attorney Dennis Herrera Settles Civil Suit Against MeetMe, Inc

San Francisco City Attorney Dennis Herrera has settled his civil suit against MeetMe, Inc. with an agreement by the mobile-focused social network to implement safeguards for users under the age of 18. Herrera filed a dismissal of the case in San Francisco Superior Court this morning shortly before releasing the settlement agreement with the New Hope, MeetMe, which he praised for 'thoughtfully and responsibly' addressing the practices his consumer protection action challenged. Herrera's Feb. 3, 2014 complaint alleged that innovations MeetMe employed to enable its users to meet new people through their mobile devices violated California law for users between the ages of 13 and 17. Although MeetMe prohibits children under the age of 13 from using its service, Herrera contended that MeetMe improperly relied on the legally-invalid consent of minor teens to publish their photographs and personal information in tandem with their real-time locations. The practices posed risks to minors' safety and impinged on their privacy rights in violation of California law, according to the complaint, and they were inadequately explained to users by MeetMe's privacy policy and terms of service. Under terms of the settlement agreement, MeetMe will not identify locations of minor teens more specifically than their city and state, and will not display their proximity to others users more narrowly than 'within one mile.' And even this limited location sharing for minor teens will now default to 'off.' The settlement agreement contemplates that the product changes will be implemented within 90 days.

MeetMe, Inc. Reports Cash Flow Results for the Second Quarter Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015; Revises Earnings Guidance for the Full Year 2015

MeetMe, Inc. reported cash flow results for the second quarter ended June 30, 2015. For the quarter, the company generated cash flow from operations of $2.6 million and used $781,000 to retire debt. For the third quarter of 2015, the company expects revenue to be in the third range of $12.5 million to $13 million and adjusted EBITDA to be in the range of $2 million to $3 million. For the year 2015, the company is increasing the lower end of expected revenue to be in the range of $48 million to $53 million, which represent total revenue growth in the range of 7% to 18% year-over-year. The company continues to expect adjusted EBITDA to be in the range of $8 million to $11 million, which represents growth in the range of 60% to 120% year-over-year. The company still expects to be free cash flow positive for the year with CapEx expected to be $3 million.

MeetMe, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

MeetMe, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company's revenues were $11,086,878 compared to $10,687,330 a year ago. Income from operations was $1,333,104 compared to loss from operations of $1,378,157 a year ago. Income before income taxes was $1,283,381 compared to loss before income taxes of $1,437,758 a year ago. Net income was $1,209,931 compared to net loss of $1,437,758 a year ago. Net income allocable to common stockholders was $1,209,931 compared to net loss allocable to common stockholders of $1,437,758 a year ago. Diluted income per common stockholders was $0.02 compared to loss per common stockholders of $0.04 a year ago. Adjusted EBITDA was $2,872,659 compared to $740,425 a year ago. Diluted adjusted EBITDA per common stockholders was $0.06 compared to $0.02 a year ago. For the six months, the company's Revenue was $22,715,854 compared to $20,190,834 a year ago. Income from operations was $2,991,137 compared to loss from operations of $4,026,487 a year ago. Income before income taxes was $2,060,635 compared to loss before income taxes of $4,861,119 a year ago. Net income was $1,931,985 compared to net loss of $4,861,119 a year ago. Net income allocable to common stockholders was $1,931,985 compared to net loss allocable to common stockholders of $4,861,119 a year ago. Diluted income per common stockholders was $0.04 compared to loss per common stockholders of $0.13 a year ago. Adjusted EBITDA was $5,967,058 compared to $240,209 a year ago. Diluted adjusted EBITDA per common stockholders was $0.12 compared to $0.01 a year ago.

 

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Q86

Industry Average

Valuation Q86 Industry Range
Price/Earnings 26.0x
Price/Sales 1.5x
Price/Book 0.8x
Price/Cash Flow 11.1x
TEV/Sales 1.1x
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