Spark Networks

Spark Networks is a provider of online personals services in the United States and internationally. The Company's Web sites enable adults to meet online, participate in a community and form relationships. It provides this opportunity through many features on its Web sites, such as profiles, onsite email centers, real-time chat rooms, instant messaging services and offline singles events. The key Web sites include JDate.com, Spark.com, BlackSingles.com, SilverSingles.com, LDSSingles.com and ChristianMingle.com. Spark Networks operates several international Web sites and maintain operations in the United States and Israel.

Type
Public
HQ
Los Angeles, US
Founded
1997
Size (employees)
129 (est)
Website
spark.net
Spark Networks was founded in 1997 and is headquartered in Los Angeles, US

Spark Networks Office Locations

Spark Networks has offices in Los Angeles, Lehi and Herzliya
Los Angeles, US (HQ)
600 11150 Santa Monica Blvd
Herzliya, IL
1 Sapir St
Lehi, US
240 3300 Ashton Blvd

Spark Networks Data and Metrics

Spark Networks Financial Metrics

Spark Networks's revenue was reported to be $7.3 b in Q1, 2017
USD

Revenue (Q1, 2017)

7.3 b

Gross profit (Q1, 2017)

4.9 b

Gross profit margin (Q1, 2017), %

68%

Net income (Q1, 2017)

(2.1 m)

EBIT (Q1, 2017)

(2.3 b)

Market capitalization (17-Aug-2017)

29.2 m

Cash (31-Mar-2017)

10.8 m
Spark Networks's current market capitalization is $29.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

69.4 m61.6 m48.1 m35.1 m

Revenue growth, %

(11%)(22%)(27%)

Cost of goods sold

56 m34.3 m24.1 m12.9 m

Gross profit

13.5 m27.3 m24.1 m22.2 m

Gross profit Margin, %

19%44%50%63%

Sales and marketing expense

5.6 m5.1 m4.1 m4.8 m

General and administrative expense

10.5 m13.3 m10.4 m9 m

Operating expense total

16.1 m18.4 m14.5 m13.8 m

EBITDA

5.5 m2.8 m2.5 m

EBITDA margin, %

9%6%7%

EBIT

(12.1 m)(938 k)(1.1 m)(7.9 m)

EBIT margin, %

(17%)(2%)(2%)(22%)

Pre tax profit

(11.9 m)(1.5 m)(1.2 m)(7.9 m)

Income tax expense

495 k(375 k)243 k(1 m)

Net Income

(12.4 m)(1.1 m)(1.4 m)(6.9 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

15.8 m15 m13.5 m12.3 m11.7 m9.9 m9.1 m8.4 m7.3 b

Cost of goods sold

8.9 m7 m7.1 m6.4 m5.6 m6.2 m2.7 m2.3 m2.4 b

Gross profit

6.9 m8 m6.4 m5.9 m6.1 m3.6 m6.4 m6.1 m4.9 b

Gross profit Margin, %

44%53%47%48%52%37%71%72%68%

Sales and marketing expense

1.4 m1.4 m755 k996 k1.1 m1.5 m1.4 m1.1 m650 m

General and administrative expense

4.1 m4.4 m2.2 m2.5 m2.9 m2.5 m2 m2.4 m3.2 b

Operating expense total

5.4 m5.8 m3 m3.5 m4.1 m4 m3.4 m3.5 m3.9 b

EBIT

(1 m)(341 k)926 k(157 k)(618 k)(3.5 m)(140 k)(241 k)(2.3 b)

EBIT margin, %

(7%)(2%)7%(1%)(5%)(35%)(2%)(3%)(32%)

Pre tax profit

(995 k)(681 k)808 k73 k(809 k)(3.3 m)(159 k)(2.1 b)

Income tax expense

140 k288 k85 k168 k13 k67 k(583 k)(65 k)47 m

Net Income

(4 m)(5 m)723 k628 k(194 k)(3.4 m)(3.1 m)(3.2 m)(2.1 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

14.7 m11.7 m6.6 m11.4 m

Accounts Receivable

1.6 m1.3 m790 k525 k

Current Assets

19.4 m15.6 m9.4 m13.7 m

PP&E

3.9 m4.1 m5.6 m4.5 m

Goodwill

9.3 m8.6 m14.5 m10.5 m

Total Assets

35.3 m31 m33.1 m31.8 m

Accounts Payable

1.5 m1.3 m1.7 m819 k

Current Liabilities

16.6 m12.8 m11.4 m7.4 m

Total Liabilities

20.1 m15.3 m14.1 m9.8 m

Additional Paid-in Capital

70.7 m72.5 m77.2 m87.2 m

Retained Earnings

(56.4 m)(57.6 m)(59 m)(65.9 m)

Total Equity

15.1 m15.8 m19 m22.1 m

Financial Leverage

2.3 x2 x1.7 x1.4 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

10.1 m9.3 m13.5 m14.6 m14.4 m4.1 m3.1 m11.3 m10.8 m

Accounts Receivable

1.5 m1.3 m1.2 m1.1 m502 k371 k463 k406 k

Current Assets

13.4 m12.8 m17 m17.5 m17.2 m6.1 m4.7 m13 m12.8 m

PP&E

4 m3.9 m4.1 m4.6 m5.3 m5.8 m5.6 m5.2 m3.4 m

Goodwill

9.4 m8.9 m8.4 m8.8 m8.5 m14.7 m14.5 m14.7 m10.9 m

Total Assets

29.6 m28.4 m32.3 m33.5 m33.7 m30.1 m28.3 m36.2 m30 m

Accounts Payable

1.5 m777 k992 k1.6 m1.7 m1.9 m1.2 m605 k1.2 m

Current Liabilities

15.6 m14 m12.2 m12.6 m13.4 m11.6 m9.2 m8 m7.4 m

Additional Paid-in Capital

70.1 m71.6 m73.8 m74.7 m75.1 m77.5 m77.9 m87 m87.4 m

Retained Earnings

(60.5 m)(61.4 m)(56.8 m)(56.9 m)(57.7 m)(62.4 m)(62.1 m)(62.2 m)(68 m)

Total Equity

18.6 m18.1 m15.9 m16.5 m25.6 m20.2 m

Financial Leverage

1.8 x1.9 x1.9 x1.7 x1.4 x1.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(12.4 m)(1.1 m)(1.4 m)(6.9 m)

Depreciation and Amortization

2 m2.1 m2.3 m3.5 m

Accounts Receivable

(59 k)261 k434 k198 k

Accounts Payable

782 k(2.1 m)57 k(1.2 m)

Cash From Operating Activities

(7.8 m)(1.3 m)1.6 m(1.4 m)

Purchases of PP&E

(2.7 m)(2.3 m)(3.6 m)(2.8 m)

Cash From Investing Activities

(3 m)(2.5 m)(9.6 m)(2.8 m)

Cash From Financing Activities

15.1 m829 k2.9 m9.1 m

Income Taxes Paid

61 k36 k95 k14 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(4 m)(5 m)723 k628 k(194 k)(3.4 m)(3.1 m)(3.2 m)(2.1 m)

Depreciation and Amortization

1.1 m1.6 m523 k1.1 m1.6 m790 k1.6 m2.4 m1.8 m

Accounts Receivable

169 k112 k35 k7 k76 k288 k369 k275 k119 k

Cash From Operating Activities

(2.3 m)(3.8 m)1.2 m2.5 m3.4 m(1.4 m)(1.7 m)(2 m)49 k

Purchases of PP&E

(1.1 m)(1.6 m)(604 k)(1.4 m)(2.7 m)(1.1 m)(1.8 m)(2.3 m)(603 k)

Cash From Investing Activities

(1.4 m)(1.9 m)(604 k)(1.4 m)(2.7 m)(1.1 m)(1.8 m)(2.3 m)(603 k)

Cash From Financing Activities

(952 k)238 k1.2 m1.9 m2 m1.2 m1.9 m9.1 m

Income Taxes Paid

20 k36 k6 k72 k95 k6 k14 k14 k23 k
USDY, 2017

Revenue/Employee

56.3 m

Financial Leverage

1.5 x

Spark Networks Operating Metrics

Spark Networks's Paying Subscribers was reported to be 142.4 k in FY, 2016, which is a 29% decrease from the previous period
FY, 2014FY, 2015FY, 2016

Average Paying Subscribers

261.73 k203.56 k178.41 k

Paying Subscribers

215.52 k200.02 k142.37 k

Trademarks (foreign)

6

Trademarks (US)

5

Spark Networks Market Value History

Spark Networks Revenue Breakdown

Traffic Overview of Spark Networks

Spark Networks Online and Social Media Presence

Spark Networks News and Updates

How Chinese-led globalization will impact tech

GUEST: The politics of protectionism are turning America inward at roughly the same moment high valuations have forced Chinese firms to seek profits abroad. From a macro perspective, globalization marches on, albeit with a different leader. But if Chinese firms will increasingly be at the center of …

For Online Dating Sites, a Bumpy Road to Love

Spark Networks, which owns JDate, ChristianMingle and other niche sites, has been jolted by executive turnover and upheaval in the industry.

Banana Splash lets anyone dive into mobile personalized marketing

EXCLUSIVE: Everyone seems to be talking about personalized marketing, and yet we know that very few people are doing it. (How do we know? We have the data, of course.) That’s partly because the tools that provide personalized marketing messages, ads, forms, and campaigns are difficult to use and cos…

Silicon Valley has China backwards

GUEST: We live in a global economy, but the way we understand our world is still colored by national bias. Case in point: In Silicon Valley, people ask when China, the world’s largest consumer market, will open up fully to embrace tech giants like Apple, Google, and Facebook. But those inside China’…

Christian Mingle Can’t Block LGBT Singles From Using the Dating Site

The dating website was in violation of California civil rights law.

Spark Networks Company Life and Culture

You may also be interested in