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Spark Networks Reports Second Half and Full Year 2020 Financial Results

Posted on April 1, 2021

Sparknetworks logo 2018SPARK NETWORKS – Apr 1 – Revenue for the second half of 2020 was $118.9M, an increase of $3.9M compared to $115M in the second half of 2019. Revenue for 2020 was $233M, an increase of $62.1M compared to $170.9M in 2019. For the full year in 2020, the significant increase in revenue is primarily attributable to the integration of Zoosk following the Spark Networks / Zoosk Merger in July 2019. Net Loss was $45.9M in the second half of 2020, an increase of $16.9M compared to Net Loss of $29M in the second half of 2019. Net Loss for 2020 was $46.6M, an increase of $11.7M compared to $34.9M in 2019, as adjusted.

See full article at Spark Networks website

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