Meetic 2009 Annual Revenue

PRESS RELEASE - Feb 11 - Meetic, the European leader in online dating, announces its annual revenue for 2009. The Group’s total consolidated annual revenue came to 164.5M euros, up +23% on the previous financial year. Match International contributed 32.4M euros. The Meetic Group had 920,286 subscribers at the end of Dec 2009, compared to 696,472 subscribers at the end of Dec 2008. Read the full press release here.

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[Account Deleted]

Data from Meetic (FR0004063097 - MEET), the leader in Europe.

2009 ANNUAL REVENUE: 164.5 millions of Euros.
Match International Limited (MIL) contributed 32.4 millions of Euros to 2009 consolidated revenue.
The Meetic Group had 920,286 subscribers at 31st December 2009 and 970,623 subscribers at 30th September 2009.

164.5 millions of Euros less 32.4 millions of Euros from Match == 132.1 millions of Euros

Mobile 2% of total revenue, 3.7 millions of Euros.

In 2009, ParPerfeito recorded revenue of 6.6 millions of Euros, EBITDA of 1.7 millions of Euros and net profit of 0.8 millions of Euros. At 31st December 2009, ParPerfeito had a subscriber base of 76,000 clients.

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2008 ANNUAL REVENUE: 133.7 millions of Euros.
696,472 subscribers at 31st December 2008.

Mobile 3% of total revenue, 3.8 millions of Euros.

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2007 ANNUAL REVENUE: 113.8 millions of Euros.
577,255 subscribers at 31st December 2007.

Mobile 4% of total revenue, 4.4 millions of Euros.

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Perhaps by 2012, 2013 the "mobile" concept will be diluted, it will disappear [for online dating purposes]. The majority of persons will use netbooks with mobile broadband modems or with wireless hotspots instead of SmartPhones [for online dating purposes].

Regards,

Fernando Ardenghi.
Buenos Aires.
Argentina.
[email protected]

[Datinginsider]

It's great to see Meetic growing like this. I love reading about about churn and revenue per subscriber numbers. Dating sites tend to treat these stats like some sort of secret, when all it takes if a few minutes with a calculator to figure it out yourself.

Looks like my RPU (Industry standard 3-month term) has stood still since 1995.

Interesting drop in mobile revenue. Show me people over 30 using mobile dating in any large numbers, that's when the revenue will start to take off. If you're over 30, you go home to check out Meetic/Match. Gay dating seems to be where mobile has the most traction.

[DatingExpert]

Am I completely wrong to state that Meetic stagnated in 2009 in revenues, outside the match.com acquisition? No growth at all? And the same happened in 2008, when the growth only came from other acquisitions?
What´s wrong with Meetic and the European Dating Market? to have stagnation or O% growth for two years in a row as the market leader is a serious business problem, I would think. And not only for the market leader, but the dating market in general