029 Group SE

Earnings Release • Aug 30, 2002

News Details

Ad-hoc | 30 August 2002 17:01

MatchNet PLC english

MatchNet continues to be profitable Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– MatchNet continues to be profitable Frankfurt, August 30th, 2002 MatchNet plc (Neuer Markt: MHJG) (WKN 930129), a leading global online dating company, announced results for the first 6 months of the fiscal year 2002, The 6 months revenues are USD 7,8 Million (previous period: USD 4,2 Million). For the reporting period of the first 6 months the EBITDA grew to USD 1,1 Million compared to minus 0,6 Million USD in the first 6 months of fiscal year 2001. Net income reached USD 930,000 (previous period: minus 6,6 Million USD). More information on the Company as well as the 6 month report is available at http://www.matchnet.com. Contact: Elmar Bob (elmar@matchnet.com) Tel.:+49 69 7409 3788 MatchNet plc Arndtstrasse 51 D-60325 Frankfurt am Main Germany end of ad-hoc-announcement (c)DGAP 30.08.2002 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: About MatchNet plc Incorporated in England in 1998, MatchNet plc is a publicly traded Internet company, quoted on the Frankfurt Stock Exchange, and is one of the largest and most profitable providers of global online dating and relationship services. The MatchNet network includes AmericanSingles.com, MatchNet.de, MatchNet.co.uk. and MatchNetcom.au. In addition the company operates JDate.com & JDate.co.il, the dominant Jewish dating services world-wide and Gay11.com, a leading online dating service for relationship-minded gay men and women. MatchNet’s network of websites enjoys a combined membership exceeding 7 million world-wide. MatchNet currently earns Its revenue from recurring membership subscription fees and special events. ——————————————————————————– WKN: 930129; ISIN: US5766601042; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 301701 Aug 02