PR NEWSWIRE — Aug 30 — JDate revenue increased 9%. Also among the highlights of the company's quarter was the acquisition of MingleMatch, which added ChristianMingle, BlackSingles Connection and LDS Mingle, among others. EBITDA for Q2 2005 was $368,000, compared to an EBITDA loss of $3.1 million in the same period last year. Revenue was $15.5 million, a decrease of 2%, compared to $15.8 million for Q2 last year. The company reported a Q2 net loss of $859,000, compared to a Q2 net loss of $4.1 million last year. Q2 2005 revenue for AmericanSingles was $7.3 million, a decrease of 16%. Average paying subscribers for the company totaled approximately 215,600, a decrease of 6%. (Jdate 68,100, a decrease of 3% / AmericanSingles 109,000, a decrease of 18%). Direct subscriber acquisition cost was $31.11, a decrease of 23%. (JDate $13.82, an increase of 90% / AmericanSingles $41.30, a decrease of 23%).
Mark Brooks: It's good to see the acquisition costs diminishing. Looks like American Singles is finding it's balancing point between growth and profitability.