PRESS RELEASE – Nov 9 – European dating network,
Meetic, has released its number for Q3 and the first 9 months of
2009. After consolidating their Match International acquisition,
Meetic posted revenue of 117.2 million Euros for the first 9 months
of 2009. Revenues for Q3/2009 were 47.1 million Euros. They have
also acquired 25,000 subscribers in Q3. Read the full press release here.
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Very good for meetic.
A lot of cash in the bank and profit. Hope that Marc will do well next year in casino business 🙂
Very good for meetic.
A lot of cash in the bank and profit. Hope that Marc will do well next year in casino business 🙂
Meetic (FR0004063097 – MEET)
“97% of revenue for the first 9 months of 2009 came from Internet activity.
2% of total revenue for the first 9 months of 2009 came from Mobile.”
Forget mobile applications for Online Dating. Do not waste time in mobile applications for Online Dating.
“Meetic’s subscriber base at 30th September 2009 stood at 970,623, compared to 945,348 at 30th June 2009, giving a net acquisition of 25,275 subscribers over the third quarter.
The significant improvement in profitability during the 3rd quarter was the result of limited marketing investments over the period.
Meetic’s marketing investments totalled 59 millions euros for the first 9 months of 2009, or 50% of revenue for the period.”
“96% of revenue was achieved in Europe, and hence 4% was achieved in the rest of the world.”
means
Meetic achieved operating ceiling in Europe.
Meetic does not understand the Latin American Online Dating Market.
The unexploited Latin American Online Dating Market is over USD100 million.
Regards,
Fernando Ardenghi.
Buenos Aires.
Argentina.
ardenghifer@gmail.com
Meetic (FR0004063097 – MEET)
“97% of revenue for the first 9 months of 2009 came from Internet activity.
2% of total revenue for the first 9 months of 2009 came from Mobile.”
Forget mobile applications for Online Dating. Do not waste time in mobile applications for Online Dating.
“Meetic’s subscriber base at 30th September 2009 stood at 970,623, compared to 945,348 at 30th June 2009, giving a net acquisition of 25,275 subscribers over the third quarter.
The significant improvement in profitability during the 3rd quarter was the result of limited marketing investments over the period.
Meetic’s marketing investments totalled 59 millions euros for the first 9 months of 2009, or 50% of revenue for the period.”
“96% of revenue was achieved in Europe, and hence 4% was achieved in the rest of the world.”
means
Meetic achieved operating ceiling in Europe.
Meetic does not understand the Latin American Online Dating Market.
The unexploited Latin American Online Dating Market is over USD100 million.
Regards,
Fernando Ardenghi.
Buenos Aires.
Argentina.
ardenghifer@gmail.com