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Quick facts:
Consolidated turnover for Q1 2006 16 Mio Euro (+74%). 19.9 million profiles registered at the end of march. 3.2 million profiles active over 30 days.
MEETIC announces that it has signed an agreement with a view to the acquisition of ParPerfeito, the online dating leader in Brazil. Founded in 2002 and based in Rio de Janeiro (Brazil), ParPerfeito runs the www.parperfeito.com.br site, and has rapidly become Brazil’s leading online dating service with close to 8 million registered profiles since its creation. ParPerfeito’s estimated revenues in 2005 totalled R$ 10.4 million, or approximately 4 million euros. ParPerfeito’s estimated EBITDA in 2005 totalled R$ 6,0 million, or approximately 2,3 million euros. This acquisition, which should be finalised over the coming days, concerns 100% of the Company’s capital and voting rights for a global price - totally paid for in cash - of R$ 56.6 million, or 21.6 million euros, excluding further payments based on the Company’s results over the next three financial years.
Full details.
Thanks Dirk.
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