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Online Personals Watch: News regarding the internet dating Industry and company. Spark Networks Reports Second Half and Complete Year 2020 Financial Results

Posted by / May 22, 2021 / Categories: daddyhunt dating / -

Online Personals Watch: News regarding the internet dating Industry and company. Spark Networks Reports Second Half and Complete Year 2020 Financial Results

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Spark Networks Reports Second Half and Complete 2020 Financial Results year

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SPARK NETWORKS – Apr 1 – income when it comes to half that is second of ended up being $118.9M, an increase of $3.9M in comparison to $115M within the last half of 2019. Income for 2020 had been $233M, a rise of $62.1M when compared with $170.9M in 2019. For the year that is full 2020, the significant upsurge in income is primarily owing to the integration of Zoosk after the Spark Networks / Zoosk Merger in July 2019. Net Loss had been $45.9M within the last half of 2020, a growth of $16.9M in comparison to Net loss in $29M when you look at the last half of 2019. Net Loss for 2020 had been $46.6M, a rise of $11.7M in comparison to $34.9M in 2019, since modified.

Spark Networks Partners With ParshipMeet Group to Deliver Livestreaming Movie to Users

PR NEWSWIRE – Mar 31 – Spark Networks will deliver livestreaming movie to its biggest brand name, Zoosk, via an understanding with ParshipMeet Group, a respected provider of interactive dating solutions. Spark will leverage ParshipMeet Group’s real time video clip Platform as a Service (vPaaS) item, which powers a number of the earth’s largest video that is livestreaming apps by monetizing individual videos. Geoff Cook, CEO The Meet Group and GM movie ParshipMeet Group stated “Nearly 250,000 dating games now occur across our real time communities every single day enabling users to get in touch, safely meet, and autumn in love.”

Spark Networks Has Discovered a Path to Profitability

SIMPLY WALL ST – Mar 30 – The $ market-cap that is 164M posted a loss in its newest economic 12 months of €15M and a latest trailing-twelve-month loss in €11M shrinking the space between loss and breakeven. Continue reading →