MeetMe® is the leading social network for meeting new people in the US and the public market leader for social discovery. MeetMe makes meeting new people fun through social games and apps, monetized by both advertising and virtual currency. With approximately 75 percent of traffic coming from mobile, MeetMe is fast becoming the social gathering place for the mobile generation. The company operates MeetMe.com and MeetMe apps on iPhone, iPad, and Android in multiple languages including English, Spanish, Portuguese, French, Italian, German, Chinese (Traditional and Simplified), Russian, Japanese, Dutch, Turkish and Korean.
Company Growth (employees)
Type
Public
HQ
New Hope, US
Founded
2005
Size (employees)
124 (est)+20%
MeetMe was founded in 2005 and is headquartered in New Hope, US

Key People/Management at MeetMe

David Cook

David Cook

Co-Founder
Catherine Cook

Catherine Cook

Co-Founder
Geoff Cook

Geoff Cook

Co-Founder, COO
Bill Alena

Bill Alena

Chief Revenue Officer
Fred Beckley

Fred Beckley

EVP, General Counsel

MeetMe Office Locations

MeetMe has offices in New Hope, Philadelphia and San Francisco
New Hope, US (HQ)
100 Union Square Dr

MeetMe Financials and Metrics

MeetMe Financials

MeetMe's revenue was reported to be $20.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

20.1 m

Net income (Q1, 2017)

445.8 k

EBIT (Q1, 2017)

448.1 k

Market capitalization (17-Oct-2017)

260.6 m

Cash (31-Mar-2017)

74.5 m
MeetMe's current market capitalization is $260.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

40.4 m44.8 m56.9 m29.2 m

Revenue growth, %

11%27%(49%)

EBIT

(10.1 m)(3.1 m)8 m9.2 m

EBIT margin, %

(25%)(7%)14%31%
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

10.7 m11.6 m11.6 m11.1 m14.3 m13.3 m16.4 m17.2 m20.1 m

Sales and marketing expense

1.9 m1.5 m1.2 m1.1 m1.5 m2.3 m3.2 m3.2 m5.1 m

General and administrative expense

2.2 m1.9 m1.6 m1.8 m7.8 m2.3 m1.9 m2.2 m2.9 m

Operating expense total

4.1 m3.4 m2.8 m2.9 m9.3 m4.7 m5.1 m5.4 m8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

6.3 m17 m19.3 m21.9 m

Inventories

597.1 k790 k970.2 k1.5 m

Current Assets

17.1 m26.9 m36.8 m47.1 m

PP&E

2.9 m2.5 m2.6 m2.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

5.8 m15.6 m14.8 m16.2 m15.5 m26.4 m32.1 m46 m74.5 m

Accounts Receivable

2.3 m

Current Assets

13.9 m24.5 m26.6 m28.3 m27.4 m37.9 m48.8 m60.3 m91.8 m

PP&E

1.9 m1.8 m2.7 m2.7 m2.3 m2.4 m2.1 m2.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(10.9 m)(4 m)6 m46.3 m

Depreciation and Amortization

4.4 m4.2 m760.2 k1.8 m

Accounts Receivable

(385.1 k)(3.2 m)

Accounts Payable

617.2 k(372 k)684.7 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(1.4 m)52 k722.1 k1.2 m(2 m)2.4 m29.6 m4.4 m445.8 k

Depreciation and Amortization

1.1 m1.1 m815.9 k801.3 k762.8 k751.3 k753.9 k761.5 k1.7 m

Accounts Payable

3.2 m2.2 m1.8 m1.7 m1.7 m2.3 m3 m1.8 m3.4 m
USDY, 2017

Revenue/Employee

176 k

Financial Leverage

1 x
Show all financial metrics

MeetMe Operating Metrics

MeetMe's Monthly Active Users was reported to be 9 m in Q4, 2016. MeetMe's Daily Active Users was reported to be 2.1 m in Q4, 2016
Show all operating metrics

MeetMe Market Value History

Traffic Overview of MeetMe

MeetMe Online and Social Media Presence

MeetMe Company Life and Culture

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