029 Group SE

Earnings Release • Mar 20, 2002

News Details

Ad-hoc | 20 March 2002 08:13

MatchNet PLC english

2001 Annual Report: MatchNet achieves record revenues Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– 2001 Annual Report: MatchNet achieves record revenues BEVERLY HILLS, CA (March 20, 2002) – – MatchNet plc (Neuer Markt: MHJG) (WKN 930129), a leading global online dating company announced today results of fiscal year 2001. 2001 Revenues improved to EUR 11,90 million (2000 EUR 7,68 million) with EBITDA increasing to EUR 1,1 million (2000: EUR minus 7,37 million). This signifies an improvement in revenues of EUR 4,22 million or 55% with EBITDA jumping an impressive EUR 8,47 million. For 2002, MatchNet Management projected in December 2001 revenues of EUR 22,58 million with EBITDA of EUR 7,34 million. 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 20.03.2002 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Additional Information A press and analysts conference is scheduled for April 18, 2002 beginning at 9:20 at the Hilton in Frankfurt/Germany in conjunction with the Spring Stock Day 2002. 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 MatchNet.com.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 5 million world-wide. MatchNet currently earns its revenue from recurring membership subscription fees and special events. More information on the Company as well as the annual report is available at http://www.matchnet.com. ——————————————————————————– WKN: 930129; ISIN: US5766601042; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 200813 Mär 02