029 Group SE

Earnings Release • Aug 29, 2001

News Details

Ad-hoc | 29 August 2001 08:30

MatchNet PLC english

Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Frankfurt, 29. August 2001 “Matchnet reports first operationally-positive quarter” MatchNet plc (WKN 930 129), owner of leading international Internet dating services and listed at Neuer Markt, announced today second quarter revenues of US $ 2,637,000 and an EBITDA of US $ 492,000. Revenue grew 209% from the same period last year. For the first six months of 2001 revenues were increased to US $ 4,300,000 (an increase of 189%). The net loss after a one time amortization of the entire goodwill connected to the acquisition of SocialNet was US $ (6,072,000), this corresponds to an EPS of (0,37). Without this one time amortizatioin charge, Matchnet’s quarterly net profit would have been US $ 192,000. The Management expects this positive trend to continue. IR Contakt Elmar Bob Phone: (69) 74 09 37 88 Fax: (69) 74 09 37 87 E-Mail: elmar@matchnet.com URL: http://www.MatchNet.com IR Contact Value Relations IR Services Phone: (6196) 88 00 215 Fax: (6196) 88 00 447 URL: http://www.value-relations.de end of ad-hoc-announcement (c)DGAP 29.08.2001 ——————————————————————————– WKN: 930129; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 290830 Aug 01