Q1 2014 revenue was USD 16.6 Million, a decrease of 4% YOY.
Net loss was USD 2.9 Million, same as in the year ago period.
The number of paying subscribers (286,042 on average) also decreased 3.2% YOY.
ARPU (average revenue per user per month) USD 18.40
The company is now focusing on profitability, according to its CEO.
The company should also focus in innovating to revolutionize the Online Dating Industry. If not, it is a dead walking cat.
Please read also:
Zoosk, Inc. 25 pages report
Why no one could had copycatted PlentyOfFish (POF)?
SNAP Interactive Q1 2014 Results
Operating at a Loss since years.
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What comes after the Social Networking wave?
The Next Big Investment Opportunity on the Internet will be .... Personalization!
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