MARKET WIRE – Mar 4 - Revenue for the Q4 of 2009 was $11.1M, a decrease of 16% compared to $13.2M for the Q4 2008, and flat with the prior quarter. Revenue for the full year was $45.4M, a decrease of 21% compared to $57.3M for the 12 months ended December 31, 2008. Average paying subscribers for the Company, as a whole, in the Q4 of 2009 were 168,646, a decrease of 5% compared to 177,011 for the Q4 of 2008. Average paying subscribers for the full year were 166,267, a decrease of 11% compared to 186,957 for last year. Q4 2009 revenue for Jewish Networks was $7.1M, a decrease of 11%. Q4 2009 revenue for General Market Networks was $477,000, a decrease of 63%. Q4 2009 revenue for Other Affinity Networks was $3.0M, a decrease of 15%.
The full article was originally published at Market Watch, but is no longer available.
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it is looks like someone ( management ? , largest shareholder ? ) just “killing” business to de-list and then sell it in pieces.
jdate.com along is great cash machine with only 3m marketing expenses and 28m revenue! I am not even speaking about other sites inside of the pool. Company can make 15m USD profit at least I think but of course in the “right hands” 🙂
it is looks like someone ( management ? , largest shareholder ? ) just “killing” business to de-list and then sell it in pieces.
jdate.com along is great cash machine with only 3m marketing expenses and 28m revenue! I am not even speaking about other sites inside of the pool. Company can make 15m USD profit at least I think but of course in the “right hands” 🙂
Max, agree with “right hands.” I don’t mean to hijack the thread but people interested in following the story should read http://onlinedatingpost.com/archives/2010/03/no-longer-a-bright-spark/
Max, agree with “right hands.” I don’t mean to hijack the thread but people interested in following the story should read http://onlinedatingpost.com/archives/2010/03/no-longer-a-bright-spark/