Spark Networks

OverviewSuggest Edit

Spark Networks is a provider of online personal services, helping people make connections and foster meaningful relationships. The Company's websites and mobile applications enable adults to meet online, participate in a community and form relationships. It provides this opportunity through many features on its websites, such as profiles, onsite email centers, real-time chat rooms, instant messaging services and offline singles events. Spark Networks operates several international websites available in English, Hebrew, and French.

TypePublic
Founded1997
HQBerlin, DE
Websitespark.net
Employee Ratings3.8
Overall CultureD+

Latest Updates

Employees (est.) (Jun 2022)269
Job Openings31
Revenue (FY, 2016)$35.1 M(-27%)
Share Price (Jun 2022)$3.5(+4%)
Cybersecurity ratingBMore
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Key People/Management at Spark Networks

Benjamin Hoskins

Benjamin Hoskins

Chief Technology Officer
Jeronimo Folgueira

Jeronimo Folgueira

Managing Director, Chief Executive Officer & Director of the Board
Rob OHare

Rob OHare

Managing Director & Chief Financial Officer
Michael Schrezenmaier

Michael Schrezenmaier

Managing Director & Chief Operating Officer
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Spark Networks Office Locations

Spark Networks has offices in Berlin, Lehi, Los Angeles, New York and in 1 other location
Berlin, DE (HQ)
41-43 Kohlfurter Str.
Herzliya, IL
1 Sapir St
Lehi, UT, US
3300 Ashton Blvd #240
Los Angeles, CA, US
11150 Santa Monica Blvd #600
New York, NY, US
524 Broadway
Show all (5)

Spark Networks Financials and Metrics

Spark Networks Revenue

Spark Networks's revenue was reported to be $35.09 m in FY, 2016 which is a 27.1% decrease from the previous period.
USD

Revenue (Q2, 2017)

6.6m

Gross profit (Q2, 2017)

5.0m

Gross profit margin (Q2, 2017), %

74.6%

Net income (Q2, 2017)

(2.5m)

EBIT (Q2, 2017)

(2.8m)

Market capitalization (24-Jun-2022)

90.4m

Closing stock price (24-Jun-2022)

3.5

Cash (30-Jun-2017)

9.8m
Spark Networks's current market capitalization is $90.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

48.5m61.7m69.4m61.6m48.1m35.1m

Revenue growth, %

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

Cost of goods sold

24.1m12.9m

Gross profit

24.1m22.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

12.0m12.7m14.6m15.0m15.9m17.3m17.6m17.4m16.6m15.8m15.0m13.5m12.3m11.7m9.9m9.1m8.4m7.3m6.6m

Cost of goods sold

6.2m2.7m2.3m2.4m1.7m

Gross profit

3.6m6.4m6.1m4.9m5.0m

Gross profit Margin, %

37%71%72%68%75%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

15.1m10.5m14.7m11.7m6.6m11.4m

Accounts Receivable

1.1m1.5m1.6m1.3m790.0k525.0k

Prepaid Expenses

1.2m861.0k

Current Assets

18.4m14.1m19.4m15.6m9.4m13.7m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(1.6m)(15.0m)(12.4m)(1.1m)(1.4m)(6.9m)

Depreciation and Amortization

1.7m1.7m2.0m2.1m2.3m3.5m

Accounts Payable

(100.0k)1.4m782.0k(2.1m)57.0k(1.2m)

Cash From Operating Activities

3.1m(3.9m)(7.8m)(1.3m)1.6m(1.4m)
USDQ2, 2011

Financial Leverage

1.4 x
Show all financial metrics

Spark Networks Operating Metrics

Spark Networks's Paying Subscribers was reported to be 142.4 k in FY, 2016.
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 Acquisitions / Subsidiaries

Company NameDateDeal Size
ZooskMarch 20, 2019$258 m

Spark Networks Revenue Breakdown

Embed Graph

Spark Networks revenue breakdown by business segment: 55.2% from Christian Networks, 40.1% from Jewish Networks and 4.6% from Other

Spark Networks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Spark Networks Online and Social Media Presence

Embed Graph

Spark Networks Company Culture

  • Overall Culture

    D+

    63/100

  • CEO Rating

    F

    47/100

  • Compensation

    B

    77/100

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Spark Networks News and Updates

Spark Networks Announces Investor Conference Schedule for May 2022

BERLIN, May 10, 2022 /PRNewswire/ -- Spark Networks SE (NASDAQ: LOV), a leading social dating platform for meaningful relationships, today announced that it will be participating in the following investor conferences in May 2022: Sidoti May Micro Cap Virtual Investor Conference...

Spark Networks to Report Fourth Quarter and Full Year 2021 Financial Results on March 14, 2022

BERLIN, March 2, 2022 /PRNewswire/ -- Spark Networks SE (NASDAQ: LOV), a leader in social dating platforms for meaningful relationships focusing on the 40+ demographic and faith-based affiliations, including Zoosk, EliteSingles, SilverSingles, Christian Mingle, and Jdate, today announced...

Spark Networks Engages MKR Investor Relations, Inc.

BERLIN, Sept. 27, 2021 /PRNewswire/ -- Spark Networks SE (NYSE American: LOV), a leading social dating platform for meaningful relationships which includes premium brands such as Zoosk, EliteSingles, SilverSingles, Christian Mingle, Jdate, and JSwipe, today announced that it has engaged...

Spark Networks SE Announces Nominees for Election to Its Board of Directors

BERLIN, June 10, 2021 /PRNewswire/ -- Spark Networks SE (NYSE American: LOV), a leading social dating platform for meaningful relationships which includes premium brands such as, Zoosk, EliteSingles, SilverSingles, Christian Mingle, Jdate, and JSwipe, today announced that is has nominated...

Spark Networks SE to Present at 16th Annual Needham Virtual Technology & Media Conference Today at 9:30 am ET

BERLIN, May 19, 2021 /PRNewswire/ -- Spark Networks SE (NYSE American: LOV), one of the world's leading online dating platforms leveraging premium, complementary brands including Zoosk, EliteSingles, SilverSingles, Christian Mingle, Jdate, and JSwipe, today announced that it will be...

Spark Networks Will Ring Today's Closing Bell at The New York Stock Exchange

BERLIN, April 9, 2021 /PRNewswire/ -- Spark Networks SE (NYSE: LOV), one of the world's leading online dating companies, announced today that it will ring The Closing Bell at the New York Stock Exchange (NYSE) on Friday, April 9th. "Spark is honored to ring The Closing Bell at the NYSE in...
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Spark Networks Blogs

“What is my job about” – Junior Data Engineer

Tell us a little bit about yourself. Why and how did you get interested in the tech field? My interest in tech peaked as a teenager when I had heaps of fun creating electrical projects with my grandpa. So I went to college to study electronics and started taking programming classes. An unexpected pa…

Spark Networks Announces Exploration of Strategic Alternatives

Spark Networks Announces Exploration of Strategic Alternatives Content Import Wed, 06/01/2022 - 09:02 Spark Networks Announces Exploration of Strategic Alternatives June 1, 2022 at 9:00 AM EDT General BERLIN, June 1, 2022 /PRNewswire/ -- Spark Net…

Improvements in User Experience Ignite Significant Growth in Female Engagement on Zoosk

BERLIN , May 27, 2022 /PRNewswire/ -- In an industry that has seen a dip in female membership over the past few years, Spark Networks SE (NASDAQ: LOV), a leading social dating platform for meaningful relationships, today announced that female engagement is growing on Zoosk , Spark's largest dating

Strong Execution in First Quarter 2022 Leads Spark Networks to Reiterate Expected Revenue Growth for Full Year

Zoosk's New Subscribers Grew 15% Year Over Year and Zoosk's Key Female Engagement Metrics Increased 14% Year Over Year in April 2022 Company Expects Mid-to-High Single-Digit Revenue Growth for Full Year 2022 BERLIN , May 9, 2022 /PRNewswire/ -- Spark Networks SE (NASDAQ: LOV), a leading social

Spark Networks to Report 2022 First Quarter Financial Results on May 9, 2022

Spark Networks to Report 2022 First Quarter Financial Results on May 9, 2022 Content Import Mon, 05/02/2022 - 16:05 Spark Networks to Report 2022 First Quarter Financial Results on May 9, 2022 May 2, 2022 at 4:05 PM EDT General BERLIN, May 2, 2022…

Spark Academy

Empowering our employees with knowledge  At Spark, our aim is to provide learning and development opportunities that enrich our employees’ careers. That’s why we’ve developed Spark Academy – our very own learning and development program that offers employees an individualized and ongoing learning ex…
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Spark Networks Frequently Asked Questions

  • When was Spark Networks founded?

    Spark Networks was founded in 1997.

  • Who are Spark Networks key executives?

    Spark Networks's key executives are Benjamin Hoskins, Jeronimo Folgueira and Rob OHare.

  • How many employees does Spark Networks have?

    Spark Networks has 269 employees.

  • What is Spark Networks revenue?

    Latest Spark Networks annual revenue is $35.1 m.

  • What is Spark Networks revenue per employee?

    Latest Spark Networks revenue per employee is $130.5 k.

  • Who are Spark Networks competitors?

    Competitors of Spark Networks include Three Day Rule, Coffee Meets Bagel and QuackQuack.in.

  • Where is Spark Networks headquarters?

    Spark Networks headquarters is located at 41-43 Kohlfurter Str., Berlin.

  • Where are Spark Networks offices?

    Spark Networks has offices in Berlin, Lehi, Los Angeles, New York and in 1 other location.

  • How many offices does Spark Networks have?

    Spark Networks has 5 offices.