MARKET WIRE – Apr 1 – SNAP Interactive, a provider of online dating apps for social networks, today announced operating results for the quarter and full year ended December 31, 2009. Financial Highlights: Full Year 2009 Revenue: $3,170,725, an increase of $159,098 from 2008. These revenues are primarily generated from advertisements and premium features placed on their various apps as well as subscription fees to AreYouInterested.
The full article was originally published at MarketWatch, but is no longer available.
Mark Brooks: SNAP lost $101,919 in 2009 as compared to a loss (net income) of $796,960 in 2008. For a young company, this is nothing unusual, but we would like to have seen them grow revenues more this year.
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