Match.com 2Q 2008 Financial Results

by David Evans on July 30, 2008 in Finance

Match has hit the wall in terms of US growth, continuing slight increase in revenue per subscriber. 1% subscriber growth to 1,326,500.

Revenue growth was driven by a 4% and 15% increase in international subscribers and revenue per subscriber, respectively, and 3% growth in revenue per subscriber in North America where subscribers were flat year-over-year. Chemistry.com continued to grow subscribers strongly during the quarter. Operating Income Before Amortization growth reflects lower customer acquisition costs as a percentage of revenue, due to more efficient spending. Operating income for the current period reflects amortization of non-cash marketing of $3.1 million, versus $7.2 million in the prior year period.

I wonder what the Chemistry numbers are like after the massive marketing spend during the last year.

Full details here.

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