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)
104 (est)
MeetMe was founded in 2005 and is headquartered in New Hope, US

Key People 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, San Francisco
New Hope, US (HQ)
100 Union Square Dr

MeetMe Metrics

MeetMe Financial Metrics

Revenue (2016)

$29.2 m

Revenue growth (2015-16), %

(49%)

Net income (2016)

$46.3 m

Market capitalization (21-Mar-2017)

$319.6 m

Closing share price (21-Mar-2017)

$5.4

Cash (31-Dec-2016)

$21.9 m
MeetMe's current market capitalization is $319.6 m.
MeetMe's revenue was reported to be $29.2 m in 2016
FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$40.4 m$44.8 m$56.9 m$29.2 m

Revenue growth, %

11%27%(49%)

Operating expense total

$50.4 m$48 m$48.9 m$20.1 m

EBIT

($10.1 m)($3.1 m)$8 m$9.2 m

EBIT margin, %

(25%)(7%)14%31%

Interest expense

$848.2 k$1.1 m$84.7 k$3.2 k

Interest income

$9.7 k$10.4 k$5.3 k$2.5 k

Pre tax profit

($10.9 m)($4 m)$6.2 m

Income tax expense

($149.5 k)

Net Income

($10.9 m)($4 m)$6 m$46.3 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$6.3 m$17 m$19.3 m$21.9 m

Accounts Receivable

Inventories

$597.1 k$790 k$970.2 k$1.5 m

Current Assets

$17.1 m$26.9 m$36.8 m$47.1 m

PP&E

$2.9 m$2.5 m$2.6 m$2.5 m

Goodwill

$70.6 m$70.6 m$114.2 m

Total Assets

$95.6 m$103.2 m$111.5 m$209.5 m

Accounts Payable

$3.3 m$3 m$2.8 m$5.4 m

Current Liabilities

$10.1 m$9.4 m$7.6 m$14.4 m

Additional Paid-in Capital

$282.5 m$297 m$300.7 m$351.9 m

Retained Earnings

($200.1 m)($204.1 m)($198.1 m)($156.8 m)

Total Equity

$92.3 m$102.7 m$195.1 m

Financial Leverage

1.1 x1.1 x1.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($10.9 m)($4 m)$6 m$46.3 m

Depreciation and Amortization

$4.4 m$4.2 m$760.2 k$1.8 m

Accounts Receivable

($385.1 k)($3.2 m)

Inventories

Accounts Payable

$617.2 k($372 k)$684.7 k

Cash From Operating Activities

($725.3 k)$10.7 m$7.2 m$25.9 m

Purchases of PP&E

($149.1 k)($1.1 m)($1.8 m)($1 m)

Cash From Investing Activities

($37.5 k)($1.1 m)($1.5 m)($30.9 m)

Long-term Borrowings

($2.2 m)($2.3 m)($2.8 m)

Interest Paid

$618.8 k$530.1 k$275.1 k$16.2 k

MeetMe Market Value History

MeetMe Online Presence

MeetMe News

MeetMe Company Life

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