by David Evans | Dating Industry Finance
Cheryl Meyer at The Deal has an in-depth look at the online dating industry financials and investment. This is a must-read article with lots of new information about funding and new market entrants. Best quote by far is from David Simonoff, CEO of Spark Networks: If...
by David Evans | Dating Industry Finance, Legal
A little over a year ago Cardservice International decided to stop offering merchant accounts to dating sites. The change in terms of service came after Visa changed its regulations regarding online dating sites. Since January of 2004, dating websites have been...
by David Evans | Dating Industry Finance
Internet Stock Blog talks about rising marketing costs at a number of companies, including Spark Networks and Planet Out. LGBT – PlanetOut.com Sales and marketing was $2.6 million versus $1.5 million. Revenue of $7.1 million was up 34%, in line with consensus....
by David Evans | Dating Industry Finance
David Jackson, over at Internet Stock Blog, has taken a fascinating look at the Sparks Network IPO filing. He makes the point that Sparks will be closely watched by investors since its filings and earnings results should cast light on the online dating businesses run...
by David Evans | Dating Industry Finance
David Ehrlich at TheDeal writes more about the Spark IPO filing: The Beverly Hills, Calif.-based owner of AmericanSingles.com, JDate.com and CollegeLuv.com filed Thursday for a $75 million IPO of American Depositary Shares. The offering from Spark Networks plc,...
by David Evans | Dating Industry Finance
Spark has cut their net losses considerably but taken a big hit settling legal issues. Read more in the press release: Revenue for the fourth quarter of 2004 was $17.1 million, an increase of 46%, compared to $11.7 million, over the same period last year. Revenue for...