Tidbits for now from InterActiveCorp Q1 2004 results. Full report is here.
Match.com was named the world’s most popular dating site by industry-leading independent measurement firm comScore Media Metrix. In January 2004, Match.com personals sites, which include uDate.com, had 29.6 million unique visitors – nearly three times as many as its nearest rival.
Personals had a $2.8M Operating Income, a 369% gain.
Revenue growth in Personals was driven mainly by growth in paid subscribers, which increased 32% to approximately 1 million, offset partially by 9% lower revenue per subscriber. Excluding the results of uDate, which was acquired on April 4, 2003, paid subscribers grew 23%. The international business contributed 25% of paid subscribers in Q1, versus 15% in the prior period. Repeat subscribers grew nearly 100% over the prior year, a strong testament to the significant role the business plays in making personal connections in the lives of consumers. Personals margins increased primarily due to lower domestic marketing spend, margin improvement from international operations and the inclusion of uDate results.
Tidbits from IAC Quarterly Earnings report.
