euro adhoc: Spark Networks plc
Earnings
SPARK NETWORKS REPORTS Q1 2006
REVENUES OF USD 16.8 M.
NET INCOME AT USD 710,000, EBITDA AT USD 2.0 M.
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
28.04.2006
BEVERLY HILLS, Calif., April 28, 2006 - Spark Networks plc (Prime Standard: MHJG; AMEX: LOV), a leading provider of online personals services, today reported first quarter 2006 financial results. Reported revenue for the first quarter of 2006 was $16.8 million, an increase of 2% compared to $16.5 million over the same period in 2005. The Company reported net income of $710,000, or $0.02 per share, for the first quarter of 2006, compared to net income of $2.0 million, or $0.08 per share, for the same period in 2005. Due to the Company's implementation of SFAS 123 (R), the net income for the quarter ended March 31, 2006 includes compensation expense related to share options of $1.4 million. Excluding share-based compensation, the Company would have reported a profit of $2.1 million, or $0.07 per share, for the quarter. EBITDA for the first quarter of 2006 was $2.0 million compared to $3.0 million during the same period in 2005. Average paying subscribers for the Company in the first quarter of 2006 were approximately 244,300, an increase of 10% compared to 222,600 from the same period in 2005. Direct subscriber acquisition cost (SAC) for the Company in the first quarter of 2006 was $26.11, an increase of 10% compared to $23.84 from the same period last year. Investor conference call: The Company will discuss its financial results during a live teleconference today at 1:30 p.m. Pacific time and 10:30 p.m. Frankfurt time. Call Title: Spark Networks Q1 '06 Financial Results International: + 1-973-582-2785 Confirmation #: 7293857 One-Week Replay International: +1-973-341-3080 Webcast: http://www.visualwebcaster.com/event.asp?id=33440
About Spark Networks plc: Spark Networks' American Depository Shares trade on the American Stock Exchange under the symbol "LOV," and its Global Depositary Shares trade on the Frankfurt Stock Exchange under the symbol "MHJG." The Spark Networks portfolio of consumer websites includes, among others, JDate.com (www.jdate.com), AmericanSingles.com (www.americansingles.com), BlackSinglesConnection.com (www.blacksinglesconnection.com), LDSMingle (www.ldsmingle.com) and Relationships.com (www.relationships.com).
Contact: Mark Thompson + 1-323-836-3000 mthompson@spark.net
Elmar Bob Tel.: +49 (69) 74 09 37 88 Fax: +49 (69) 74 09 37 87 E-Mail: elmar@spark.net
end of announcement euro adhoc 28.04.2006 08:11:27
Further inquiry note:
Elmar Bob
Tel.: +49 (69) 74 09 37 88
Fax: +49 (69) 74 09 37 87
E-Mail: elmar@spark.net
Guido Pickert
Branche: Electronic Commerce
ISIN: US8465131097
WKN: A0DPY1
Index: Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade