Match continue to heading towards the magic number of a billion dollars a year in revenue. Nice to see Meetic post a gain and look at the number of paid subs in their Developing market, up 45%.
Revenue up 8% to $188.9M from $174.3M.
Core, Meetic and Developing revenue increased to $113.8 million, $55.0 million and $20.1 million.
Operating Income Before Amortization up 24% to $46.3M from $37.3M
Operating Income up 37% to $41M from $29.9M
Revenue and profits in the prior year period were negatively impacted by the write-off of $5.2 million of deferred revenue in connection with the Meetic acquisition.
MATCH (in thousands)
Core (e) 1,940 1,797 8%
Meetic (f) 812 757 7%
Developing (g) 388 267 45%
Total Paid Subscribers 3,140 2,821 11%
(e) Core consists of Match.com in the United States, Chemistry and People Media
(f) Meetic consists of the publicly traded personals company Meetic S.A., excluding Twoo.
(g) Developing includes OkCupid, DateHookup, Twoo and Match’s international operations, excluding Meetic S.A.
Full details at WSJ.