Spark Networks Q1 2010 Results

Today's guest post is by Ross Felix. Ross has been paying close attention to Spark Networks for quite some time and is well-versed in the challenges it faces today. For those of you who aren’t that familiar with Spark Networks, it’s made up of several components: Jewish Networks (aka: Jdate), Other Affinity Networks (small niche sites bought approximately 5 years ago), General … [Read more...]

No Longer a Bright Spark

Today's guest post is by Ross Felix. Ross has been paying close attention to Spark Networks for quite some time and is well-versed in the challenges it faces today. Spark Networks reported their year-end results on Thursday March 4th. Much of their results came in as expected with a few big surprises. All in all, it was yet another poor showing for the company.The Numbers Net … [Read more...]

What is Great Hill Partners up to?

The contents of this post are based on Spark Networks' 10K from 2008 and their 10Q from the third quarter of 2009. Input was received from several people who have tracked Spark Networks for many years, with special help from Ross Felix. Great Hill Partners, a long time investor in Spark Networks (Jdate’s parent company)has put out an offer to take Sparks private at … [Read more...]

Someone Just Bought 5% of Spark Networks

While we were all sunning in Miami at iDate last week, s Someone named John H. Lewis at Osmium Partners spent $2.5 million to acquire about 5% of Spark Networks, or a little over 1 million shares. SEC notice. I love these investor sites which only have a home page and contact information. Mysterious! Thanks to my favorite tipster for all things Spark. Update: Seeking Alpha has … [Read more...]

Spark Networks

Spark Networks is trending down, with a few positive notes. JDate revenue and subscribers down General market revenue down 49% Revenue for Offline & Other Businesses down Average paying subscribers down 10% The Company purchased 1.6 million shares during the quarter at $3.81 per share for an aggregate amount of approximately $6.1 million. SPARK NETWORKS … [Read more...]

Spark Networks: No Love for LOV

Seeking Alpha talks about the true value of Spark Networks: At first glance, the stock has all the makings of a potential value play. It's got captive audiences in a growing industry, a P/E under 10, and its net income has grown consistently.. Looks great! Unfortunately, this is exactly why investors cannot make purchase decisions "at first glance". We've discussed … [Read more...]

Spark Networks, Making More While Making Less

Spark Networks, Inc. (AMEX: LOV) today reported financial results for the second quarter and six months ended June 30, 2008. Spark Networks overall subscriber base is diminishing while profitability is up. Spark lost close to 30,000 paying subscribers, mostly from General Market Networks. I'd like to know which sites are categorized as General Market Networks and Other Affinity … [Read more...]