Spark Networks

At Spark Networks, our mission is to create iconic, niche-focused brands that build and strengthen the communities they serve. We are a leading provider of community-focused services, including online personals communities for single adults that offer convenient and safe places to meet and, as a result, a unique opportunity to make special connections they may not have otherwise made. Many of these connections lead to long term relationships and—quite often—marriage. Our first community, JDate®, was established in a West Los Angeles condominium in 1997. We are proud to say JDate has become the leading online community for Jewish singles and responsible for more Jewish marriages than all other online dating sites combined. Driven by the success of JDate, we went on to develop a variety of niche-focused online communities and now operate a network of more than 30 religious, ethnic, special interest and geographically targeted online communities including: ChristianMingle, our largest property and the leading online community for Christian singles, as well as BlackSingles.com and SilverSingles.com among many others. From Christians looking for love to seniors seeking a second shot at romance, our safe and secure online communities offer something for everyone!
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 Metrics

Spark Networks Financial Metrics

Revenue (2016)

$35.1 m

Revenue growth (2015-16), %

(27%)

Gross profit

$22.2 m

Gross profit margin (2016), %

63%

Net income (2016)

($6.9 m)

Market capitalization (28-Apr-2017)

$32 m

Closing share price (28-Apr-2017)

$1

Cash (31-Dec-2016)

$11.4 m
Spark Networks's current market capitalization is $32 m.
Spark Networks's revenue was reported to be $35.1 m in FY, 2016 which is a 27% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$69.4 m$61.6 m$48.1 m$35.1 m

Revenue growth, %

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

Cost of goods sold

$56 m$34.3 m$24.1 m$12.9 m

Gross profit

$13.5 m$27.3 m$24.1 m$22.2 m

Gross profit Margin, %

19%44%50%63%

Sales and marketing expense

$5.6 m$5.1 m$4.1 m$4.8 m

General and administrative expense

$10.5 m$13.3 m$10.4 m$9 m

Operating expense total

$16.1 m$18.4 m$14.5 m$13.8 m

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)
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$6.2 m$13.9 m$15.1 m$10.5 m$14.7 m$11.7 m$6.6 m$11.4 m

Accounts Receivable

$2.4 m

Inventories

$1.1 m

Current Assets

$19.4 m$15.6 m$9.4 m$13.7 m

PP&E

$3.9 m$4.1 m$5.6 m$4.5 m

Goodwill

$9.3 m$8.6 m$14.5 m$10.5 m

Total Assets

$35.3 m$31 m$33.1 m$31.8 m

Accounts Payable

$4.9 m$162.3 m

Current Liabilities

$16.6 m$12.8 m$11.4 m$7.4 m

Additional Paid-in Capital

$70.7 m$72.5 m$77.2 m$87.2 m

Retained Earnings

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

Total Equity

$19 m$22.1 m

Financial Leverage

1.7 x1.4 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

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

Depreciation and Amortization

$2 m$2.1 m$2.3 m$3.5 m

Accounts Receivable

($1.1 m)($35.8 m)

Inventories

$267 k

Accounts Payable

($2.4 m)$20.9 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 m$829 k$2.9 m$9.1 m

Income Taxes Paid

$61 k$36 k$95 k$14 k

Spark Networks Market Value History

Spark Networks Online Presence

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