More on this on Monday, I’ve got to go find my seersucker suit for tonight’s Derby party.
Revenue for the first quarter of 2005 was $16.5 million, an increase of 10%, compared to $15.1 million, from the same period last year.
The company reported net income of $2.0 million, or $0.07 per diluted share, for the first quarter of 2005, compared to a net loss of $3.0 million, or $0.14 per share, in the same period last year.
EBITDA(1) for the first quarter of 2005 was $3.0 million, compared to an EBITDA loss of $2.2 million in the same period last year.
Segment Reporting(2)
The company reported first quarter 2005 revenue for its JDate segment of $6.5 million, an increase of 10%, compared to $5.9 million, from the same period last year.
First quarter 2005 revenue for the company’s AmericanSingles segment was $8.1 million, a decrease of 5%, compared to $8.5 million, from the same period last year.
First quarter 2005 revenue for the company’s Other Businesses segment was $2.0 million, an increase of 196%, compared to $663,000, from the same period last year.
Business Metrics
Average paying subscribers(3) for the company in the first quarter of 2005 totaled 222,700, an increase of 7%, compared to 207,400, from the same period last year.
Average paying subscribers for the company’s JDate segment were 70,400, a decrease of 3%, compared to 72,300, from the same period last year.
Average paying subscribers for the company’s AmericanSingles segment were 121,600, a decrease of 4%, compared to 126,900, from the same period last year.
Average paying subscribers for the company’s Other Businesses segment were 30,700, an increase of 274%, compared to 8,200, from the same period last year.
Direct subscriber acquisition cost(4) (SAC) for the company in the first quarter of 2005 were $23.84, a decrease of 14%, compared to $27.82, from the same period last year.
SAC for the company’s JDate segment was $9.01, an increase of 58%, compared to $5.71, from the same period last year.
SAC for the company’s AmericanSingles segment was $25.61, a decrease of 28%, compared to $35.75, from the same period last year.
SAC for the company’s Other Businesses segment was $46.97, an increase of 46%, compared to $32.14, from the same period last year.
Press release is here .
