Spark Networks Fourth Quarter 2011 Financials

Spark Networks fourth quarter and full year end results were released on March 1st. For the last quarter revenue was $12.9 million and for the entire 2011 year it was $48.5 million. The net loss for the reported quarter was $1.1 million which gave the year 2011 a total net loss of $1.6 million. As a whole revenue was up 19 percent when compared to 2010 and up 27 percent when quarter 4 in 2011 is compared to quarter 4 in 2010. This is in large part thanks to the Other Affinity Networks which saw revenue increase by 78 percent throughout the year.

Subscribers also grew 21 percent for the year and 32 percent in quarter 4 (when compared to the same quarter in 2010). Average paying subscribers for the entire company for quarter 4 2011 was 212,850. For the year the number of average paying subscriber was 196,850.

Spark Networks 2 big sites are JDate (which is part of the Jewish Networks) and Christian Mingle (which is part of the Other Affinity Networks). Subscriber and revenue remand flat for the Jewish Networks. Revenue for quarter 4 was $6.9 million with 87,101 subscribers. The Other Affinity Networks saw revenue of $5.9 million and 123,139 average paying subscribers for quarter 4, 2011. When compared to last year's quarter revenue increased by 114 percent and subscribers increased by 89 percent.

For the full 2011 Q4 release visit the Spark Networks News Room.

Related Story: Spark Networks Third Quarter 2011 Financials