OPW - Apr 2 - 2013 has been a challenging year for Cupid plc with negative press on both Cupid and the online dating industry. In July Cupid completed the disposal of the casual assets removing ~70% of their revenue. Revenues including discontinued operations fell 31% to £56.1M (FY 2012: £80.9M) and adjusted EBITDA fell to £0.5M. Stripping out the discontinued operations, revenue for the continuing business was flat at £26.6M (FY 2012: £26.7M).
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