Spark Networks plc
MatchNet PLC english
MatchNet surprises with record revenues in the first quarter 2002
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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MatchNet surprises with record revenues in the first quarter 2002
Business model successfully implemented
Frankfurt, 18. April 2002
MatchNet plc (Neuer Markt: MHJG) (WKN 545.430), a leading global online dating
company, announces a significant growth both in revenues and earnings in the
first quarter 2002. The revenues in the first quarter 2002 amounted to EUR
4,835,787 (previous year EUR 1,866,691). This is an increase of 159 %. In the
first quarter the EBITDA was EUR 1,244,760 (previous year: EUR minus
1,292,796.). The net income rose in the first three months to EUR 1.050.670
(previous year EUR minus EUR 2.186.822), or an earnings per share of 6
Eurocents.
The essential reason for this positive development was the successful
implementation of the new business model, which has made MatchNet one of a few
profitable online-service providers world-wide.
Contact:
Elmar Bob (elmar@matchnet.com)
Tel.:+49 69 7409 3788
MatchNet plc
Arndtstrasse 51
D-60325 Frankfurt am Main
Germany
end of ad-hoc-announcement (c)DGAP 18.04.2002
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
About MatchNet plc
Incorporated in England in 1998, MatchNet plc is a publicly traded Internet
company, quoted on the Frankfurt Stock Exchange, and is one of the largest and
most profitable providers of global online dating and relationship services.
The MatchNet network includes AmericanSingles.com, MatchNet.de, MatchNet.co.uk,
and MatchNet.com.au. In addition the company operates JDate.com & JDate.co.il,
the dominant Jewish dating services world-wide and Gay11.com, a leading online
dating service for relationship-minded gay men and women, MatchNet’s network of
websites enjoys a combined membership exceeding 6 million world-wide. MatchNet
currently earns its revenue from recurring membership subscription fees and
special events. More information on the Company as well as the annual report is
available at http://www.matchnet.com.
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WKN: 930129; ISIN: US5766601042; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
180838 Apr 02
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