uDate Q3 financials and subscriber #’s

by David Evans on November 25, 2002 in Dating Industry Finance

uDate owns uDate.com and kiss.com. they reported that Net income before tax for the three months ended September 30, 2002 rose to $3.4 million, representing growth of 554% year on year and 18% quarter on quarter. Subscriber numbers fluctuate with marketing initiatives and other factors, but September 2002 paying subscribers* rose to 237,000, an increase of 5% from 225,000 in June 2002. September 30, 2002 current subscribers# rose to 191,000, an increase of 5% versus June 30, 2002 current subscribers. Gross new subscriptions added in the quarter fell by 6% quarter on quarter to 144,851, mostly due to seasonal factors.

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