SEEKING ALPHA – Dec 9 – Spark Networks SE, a global dating company with a portfolio of brand such as EliteSingles, JDate, Christian Mingle, eDarling, JSwipe and Attractive World, was formed in 2017 through the merger of Affinitas GmbH and Spark Networks, Inc. Here is the company's latest investors presentation that was used during its "Analyst & Investor Day" which took place last week in New York City.
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Summarized by the Courtland Brooks team
It’s sad to see how much the Spark brands have been run into the ground the last 3 years. Christian Mingle used to have brand recognition in the mid-to-high 80’s with unaided north of 40%. All of the efficiencies that the new company will get is from getting out from under the ridiculous payback Spark has been making to Peak6. The whole thing is just a sad story of how much bad investors can screw up a company.
It’s sad to see how much the Spark brands have been run into the ground the last 3 years. Christian Mingle used to have brand recognition in the mid-to-high 80’s with unaided north of 40%. All of the efficiencies that the new company will get is from getting out from under the ridiculous payback Spark has been making to Peak6. The whole thing is just a sad story of how much bad investors can screw up a company.