FORBES - Feb 9 - Avid Life Media is a privately held Toronto holding company that owns Ashley Madison, CougarLife and other dating sites. Avid Life Media grossed $115M for 2014, up 45% from the $78M it grossed in 2013. Pretax profits will come in at $55M. Worldwide, Ashley Madison has had 31M total users over its lifetime, with 6.8M active users. CEO Noel Biderman says his company is worth $1B. Match.com is worth $3.8B, or 12 times estimated 2015 operating earnings, and Tinder $1.3B, or 18 times estimated earnings. A sale would be a healthy but not crazy-big payday for Biderman. He owns just over 10% of the firm after selling off most of it in a $40M round in 2007. Ashley Madison launched in Israel, Hong Kong, Turkey and India in 2014 and is launching next in Thailand, with plans afoot for Russia, Ukraine and Nigeria.
by Adam Tanner
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