SIMPLY WALL ST – Nov 4 – With the latest financial year loss of €15M and a trailing-twelve-month loss of €11M, the $115M market-cap company alleviated its loss by moving closer towards its target of breakeven. According to the 2 industry analysts covering Spark Networks, the consensus is that breakeven is near. They anticipate the company to incur a final loss in 2019, before generating positive profits of €738K in 2020. Therefore, the company is expected to breakeven roughly a year from now or less. There's one issue worth mentioning. Spark Networks currently has a relatively high level of debt. Typically, debt shouldn't exceed 40% of your equity, which in Spark Networks' case is 56%. Note that a higher debt obligation increases the risk around investing in the loss-making company.
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