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Spark Networks Fourth Quarter and Year 2008 Financials

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  • Sunday, March 15 2009 @ 11:04 am
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  • Views: 3,053

Spark Networks had a disappointing quarter 4 in 2008. From the press release:

2008 was a mixed year for us. We achieved moderate annual revenue increases in Jewish Networks and Other Affinity Networks, improved Contribution margins to 74%, cut Operating Expenses by 19%, drove annual Adjusted EBITDA to record levels at a 28% margin and returned capital to stockholders by using cash flow to repurchase 21% of the shares outstanding at the start of 2008 ... we are disappointed with second half trends and in particular the fourth quarter, as revenue and subscribers decreased sequentially in each online segment. 2008 revenue, excluding General Markets, was flat while fourth quarter revenue, excluding General Markets, declined 3% sequentially. Jewish Networks was flat in 2008 but saw its third consecutive quarter of declines.

General Markets was Spark Networks flag ship dating site once, Americansingles.com. For over the last year American Singles has lost a large number of members. Spark Networks current flag ship site is JDate, the online Jewish Network.

UK Dating Industry Estimates for 2011

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  • Monday, March 09 2009 @ 07:26 am
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  • Views: 5,660

White Label Dating mentions The Tonight Show from the iTV network which noted it is estimated that there will be 15 million singles in the United Kingdom by 2011. According to the post, this will make the value of the dating industry at that point, of over £1billion. By comparison, in 2008 there was 10 million Canadian singles and 93 million single Americans. As a general rule of thumb I found for the G7 countries that roughly 1/3 of the population is single at any one time.

For more dating sites that service the UK, see our United Kingdom dating category.

What Age Group is Online More?

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  • Saturday, February 21 2009 @ 01:25 pm
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  • Views: 4,087

I found an interesting report from the Pew Internet & American Life Project website. It breaks down the American population by generation and shows what percentage of them are online and what percentage each generation performs certain online activities. Here is a chart detailing the generations and their internet use:

Online Dating when you have Children

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  • Friday, February 20 2009 @ 10:06 am
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  • Views: 4,767

The Chicago Tribune has a story about dating when you have children. In it they discuss how the stigma has changed about single parents and dating. The author also mentions how online dating has started to change the way single parents can find dates and how it has become more socially acceptable to use. A number of interesting statistics were included:

Part of the story is the numbers. There are 12 million single parents living with children younger than 18 in the U.S., according to 2007 Census Bureau figures, a whopping 200 percent increase over 1970, when there were 4 million.

Another surprising number mentioned was, Match.com reported that 47% of its members in the United States have children.

I wonder if I should add Match.com to our Single Parent Dating Site Reviews Category?

Match.com Sells EU Business to Meetic

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  • Friday, February 20 2009 @ 09:53 am
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  • Views: 5,614

In a really surprising move (at least IMO), Match.com has sold 100 percent of their European operations to Meetic for approximately a 27 percent share in the company. Match.com will also get a 5 million euro note plus some additional terms which has not been released. Over the last several years it has been a battle between these two companies for the European online dating market. It looks like instead of trying to beat their competition, Meetic decided to buy them out and give Match an offer that was too good to refuse. Of course, with a 27 percent share in Meetic, Match.com will still have influence in online dating in Europe.

While Match.com tends to make more partnerships with companies to increase their market share internationally, Meetic tends to buy out their competition. Currently Meetic manages ten services, including Meetic, Meetic Mobile, Meetic Affinity, Lexa, ParPerfeito, DatingDirect, Neu.de, Cleargay, Partner.de and Lexamore. According to TechCrunch:

... Meetic had revenues of 153,7 million euros (close to $195 million) in 2008 and currently counts over 696,400 registered users. The company is public and listed on NYSE Euronext, currently valued at nearly 228 million euro ($289 million).

Meanwhile because of this deal, Match.com will go from having operations in 40 countries down to 24. The countries with operations now include Argentina, Australia, Brazil, Canada, Chile, China, Colombia, India, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Pakistan, Peru, Philippines, Singapore, South Africa, Taiwan, Thailand, the United States, Venezuela and Vietnam. As a comparison to the Meetic numbers in the above paragraph, in 2008 Match.com had revenues of $368.8 million with 1,347,300 paid members in Q4, 2008. It will be interesting to see the number of paid members reported once the European operations have been removed. Currently 13 percent of revenues come from Europe.

The partnership between Meetic and Match.com will take several months to complete. At this moment it is unknown how this may affect members at Match.com European dating sites.

On a last note, I have to say that I am still surprised by this move from Match.com. We just did a story earlier this month which showed that Match.com UK memberships rose 26 percent in January.

ChristianCafe.com Male / Female Ratios

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  • Wednesday, February 18 2009 @ 03:03 pm
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  • Views: 4,178

Here is the gender ratios of members at ChristianCafe.com grouped by age range for January 2009:

Age Range% of Males% of Females
18 - 2050.7%49.3%
21 - 3042.8%57.2%
31 - 4040.8%59.2%
41 - 5037.5%62.5%
51 - 6033%67%
61+31.9%68.1%
Avg. Overall39.9%60.1%

Source: Online Personals Watch

Except for members who are 18 - 20 years old, females make up the greater percentage of members at Christian Cafe. As you move up in each age range segment, females gain a few more percentage points over the previous segment. By the 51 - 60 age rage there are twice as many females as males. Does this mean older males are less likely to consider Religion as an important factor in dating or do just more older females join dating sites in general compared to men of similar age?

For more information on this award winning dating site, read our ChristianCafe.com review.

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