Spark Networks plc

euro adhoc: Spark Networks plc
quarterly or semiannual financial statement / SPARK NETWORKS™ REPORTS THIRD QUARTER 2005 FINANCIAL RESULTS

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14.11.2005

Revenue was USD 16,9 Mio. (Q3/04: 17,1 Mio.) EBITDA-loss decreased to USD 0,6 (Q3/04: -2,0 Mio.) Net loss decreased to USD 2,2 Mio. (Q3/04: -3,0 Mio.) JDate and MingleMatch report strong growth

BEVERLY HILLS, Calif., November 14, 2005 - Spark Networks plc, a leading provider of online personals services, today reported third quarter and nine month 2005 financial results.  Spark Networks website JDate.com is the most popular religion-focused online personals service in the United States according to an analysis of comScore Media Metrix. JDate also increased revenues by 7% over the third quarter of last year. Results for MingleMatch Inc., acquired by the company in May 2005, are included for the entire third quarter of 2005, and contributed significantly to the 85% revenue growth of the Other Businesses segment in the third quarter of 2005 compared to the same quarter last year.  Beginning on July 1, 2005, the company began accounting for share options in accordance with the Statement of Financial Accounting Standards No. 123 (R), Share-Based Payment ("SFAS 123 (R)"), which means the quarter ending September 30, 2005 is the first quarter in which the company reflected compensation expenses associated with share options in its generally accepted accounting principles (GAAP) income statement.  This resulted in a reduction of the company┬ĺs earnings by approximately USD 1,4 million, or USD 0,05 per share.  It should be noted that the compensation expense recorded as part of SFAS 123 (R) is a non-cash expense and will never become a cash expense. Also in the third quarter of 2005, the company expensed USD 650.000 in costs which had been capitalized as part of the company┬ĺs public offering process. These accounting charges sum up to a total of USD 2,1 Mio.

Financial Results Third Quarter Revenue for the third quarter of 2005 was USD 16.9 million, a decrease of 1%, compared to USD 17.1 million, from the same period last year. EBITDA loss for the third quarter of 2005 was USD 608,000, compared to an EBITDA loss of USD 2.0 million in the same period last year. The company reported a net loss of USD 2.2 million, or USD (0.08) per share, for the third quarter of 2005, compared to a net loss of USD 3.0 million, or USD (0.13) per share, in the same period last year. Average paying subscribers for the company, as a whole, in the third quarter of 2005 were approximately 220,800, a decrease of 8%, compared to 239,700, from the same period last year. Direct subscriber acquisition cost (SAC) for the company in the third quarter of 2005 was USD 30.23, a decrease of 19%, compared to USD 37.41, from the same period last year.

Financial Results Nine Months Revenue for the nine months ended September 30, 2005 was USD 48.9 million, an increase of 2%, compared to USD 48.0 million, for the nine months ended September 30, 2004. The company reported an EBITDA profit of USD 2.8 million for the nine months ended September 30, 2005, compared to an EBITDA loss of USD 7.2 million, for the nine months ended September 30, 2004. For the nine months ended September 30, 2005, the company reported a net loss of USD 1.0 million, or USD (0.04) per share, compared to a net loss of USD 10.1 million, or USD (0.45) per share, for the nine months ended September 30, 2004. For the nine months ended September 30, 2005, average paying subscribers were 218,700, a decrease of 3%, compared to 225,200, for the nine months ended September 30, 2004. For the nine months ended September 30, 2005, SAC totaled USD 28.67, a decrease of 19%, compared to USD 35.25, for the nine months ended September 30, 2004.

Investor Conference Call: The company will discuss its financial results during a live teleconference today at 10:30 a.m. Pacific time (US & Canada) and 7:30 p.m. Frankfurt time. Call Title: Spark Networks plc 3rd Quarter 2005 Results International: +1-973-409-9260

For More Information: Elmar Bob Tel.: +49 (69) 74 09 37 88

Fax: +49 (69) 74 09 37 87 E-Mail: elmar@spark.net URL: http://www.spark-networks.com

About Spark Networks plc: Spark Networks plc┬ĺs Global Depositary Shares trade on the Frankfurt Stock Exchange (FSE) under the symbol "MHJG".  The Spark Networks portfolio of consumer websites includes, among others, JDate.com (www.jdate.com), AmericanSingles.com (www.americansingles.com), BlackSinglesConnection┬Ö.com (www.blacksinglesconnection.com) and ChristianMingle┬«.com (www.christianmingles.com). The company was formed in England in 1998.

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ots Originaltext: Spark Networks plc
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Elmar Bob
Tel.: +49 (69) 74 09 37 88
Fax: +49 (69) 74 09 37 87
E-Mail: elmar@spark.net
Guido Pickert

Branche: Electronic Commerce
ISIN:      US8465131097
WKN:        A0DPY1
Index:    SDAX, Classic All Share, Prime All Share
B├Ârsen:  Frankfurter Wertpapierb├Ârse / regulated dealing/prime
              standard
              Berliner Wertpapierb├Ârse / free trade
              Hamburger Wertpapierb├Ârse / free trade
              Baden-W├╝rttembergische Wertpapierb├Ârse / free trade
              B├Ârse D├╝sseldorf / free trade
              Nieders├Ąchsische B├Ârse zu Hannover / free trade
              Bayerische B├Ârse / free trade
              Bremer Wertpapierb├Ârse (BWB) / free trade



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