Welcome to our dedicated page for Spark Networks SE news (Ticker: LOV), a resource for investors and traders seeking the latest updates and insights on Spark Networks SE stock.
Spark Networks SE (NYSE American: LOV), a global leader in relationship-focused dating platforms, provides centralized access to all official corporate communications through this news hub. Track announcements spanning strategic initiatives, financial developments, and operational updates from the parent company of EliteSingles, Jdate, and Christian Mingle.
This resource delivers timely updates on Spark Networks' transformation efforts, including marketing strategy enhancements and cost optimization programs. Investors will find essential information about leadership appointments, partnership developments, and progress toward operational efficiency targets. All content is vetted for accuracy and presented in compliance with financial disclosure standards.
Key updates typically include earnings reports, brand expansion notices, technology infrastructure changes, and governance updates. The curated format enables quick scanning while maintaining depth for thorough analysis. Regular visitors gain insight into the company's mission to lead the global dating market through innovation and user-centric services.
Bookmark this page for streamlined monitoring of Spark Networks' progress in serving 9 million annual users across 29 countries. Check back frequently for verified updates directly from company sources, ensuring you remain informed about this evolving player in digital matchmaking.
Spark Networks (NASDAQ: LOV) reported its fourth quarter and full year 2022 results, revealing a revenue decline to $41.6 million, down from $52.0 million in Q4 2021. The net loss increased to $17.2 million. For the full year, revenue fell to $187.8 million, compared to $216.9 million in 2021, with a net loss of $44.2 million. Adjusted EBITDA for Q4 was $11.0 million (26% margin) and for the year was $18.5 million (10% margin). CEO Chelsea Grayson emphasized profitability through cost efficiency and targeted a 50% increase in Adjusted EBITDA for 2023, aiming for $28 million. The company is also focusing on leveraging its $250 million in NOLs to minimize tax liabilities.
Spark Networks SE (NASDAQ: LOV), a social dating platform, will release its 2022 financial results on March 30, 2023, after market close. The report will cover the fourth quarter and full year ended December 31, 2022. A conference call for analysts and investors is scheduled for the same day at 5:00 PM ET, providing an opportunity to discuss the results. Details for joining the call have been provided, along with access to a live and archived webcast on the company’s website. Spark Networks caters primarily to the 40+ demographic with apps like Zoosk and EliteSingles.
