Spark Networks engages MKR Investor Relations, Inc.
BERLIN, September 27, 2021 / PRNewswire / – Spark Networks SE (NYSE American: LOV), a leading social dating platform for meaningful relationships that includes premium brands such as Zoosk, EliteSingles, SilverSingles, Christian mingles, Jdate and JSwipe, today announced that they have engaged MKR Investor Relations, Inc. (“MKR”) to assist with its investor relations program and support efforts to broaden visibility within the investor community. institutional investors in United States.
Founded in 1999, MKR partners with small and small cap technology companies to execute proactive strategic communications programs with investors that enhance long-term shareholder value. The MKR team includes capital markets veterans and seasoned communications professionals who bring in-depth industry knowledge and long-standing relationships with institutional investors and research analysts.
“I have worked with MKR in the past to increase investor awareness successfully, and I am delighted to tell the story of Spark and our plan to generate sustainable revenue growth,” said David clark, CFO of Spark Networks. “Spark has created a leading social dating platform for meaningful relationships in the demographic and religious dating segment over 40 years with its strong portfolio of brands, and we are executing a plan to capture increased market share. of the $ 2.3 billion online dating market that we serve. Each quarter, Spark sees over 3 million users and we have over 870,000 paying subscribers at our properties, creating a significant recurring revenue model. We look forward to working with MKR to communicate our plan to generate sustainable revenue growth and create long-term value for our shareholders. “
About Spark Networks SE
Spark Networks SE is one of the world’s leading dating companies, listed on the US New York Stock Exchange under the ticker symbol “LOV”, headquartered in Berlin, Germany, and offices in New York and Utah. The company’s portfolio of premium and freemium dating apps includes Zoosk, EliteSingles, SilverSingles, Christian mingles, Jdate and JSwipe, among others. Spark Networks SE in its current form is the result of the merger of Affinitas GmbH and Spark Networks, Inc. in 2017 and the addition of Zoosk, Inc. in 2019. Spark has approximately one million monthly paying subscribers worldwide .
About MKR Investor Relations, Inc.
MKR Investor Relations, Inc. offers full-service investor relations programs, seamlessly bridging the gap between existing and potential investors and the management of public companies. MKR’s proactive program builds on long-standing and established relationships with buy-side investors and sell-side analysts to increase the visibility and liquidity of a public company while maximizing its credibility. MKR’s proactive approach includes targeted marketing to investors and strives to develop a larger and more diverse ownership base and increased analyst coverage. With in-depth knowledge of capital markets, MKR’s results-driven program offers an unmatched commitment to tangible results, which sets MKR apart from its peers. For more information, visit us at www.mkr-group.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, statements involving known and unknown risks. , uncertainties and other factors. which may cause a substantial difference between the performance or achievements of Spark Networks and that of any expected future result, performance or achievement. These statements include statements regarding Spark Networks expected to build on social discovery services in the second half of 2021, Spark Networks’ work on partnerships to bring exciting new features to its properties this year, with Spark Networks staying on track. growth and enthusiasm for its long-term outlook, Spark Networks assessment of capital structure alternatives to strengthen the balance sheet going forward and Spark Networks financial outlook for revenue 2021 and Adjusted EBITDA for 2021. All statements in this press release that are not statements of historical fact can be considered forward-looking statements. Written words, such as “believes”, “hopes”, “intention”, “estimates”, “expects”, “plans”, “plans”, “anticipates” and their variations, or use of the future, identify the future forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties as they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results to differ materially from actual developments, including, but not limited to, the risk that the benefits of the acquisition of Zoosk, Inc. may not be fully realized. or may take longer than expected. ; risks relating to the degree of competition in the markets in which Spark Networks operates; risks relating to Spark Networks’ ability to retain and hire key personnel, results of operations and the business in general; the timing and market acceptance of new products introduced by Spark Networks’ competitors; Spark Networks’ ability to identify potential acquisitions; Spark Networks’ ability to comply with new and evolving data protection and privacy regulations; general competition and price measures in the market; risks related to the duration and severity of COVID-19 and its impact on Spark Networks business; and general economic conditions. Additional factors that could cause actual results to differ are discussed under the heading “Risk Factors” in Spark Networks’ Annual Report on Form 10-K for the Year Ended December 31, 2020 and in other sections of the documents filed by Spark Networks with the Exchange Commission (“SEC”), and in other current and periodic reports of Spark Networks filed or provided from time to time with the SEC. All forward-looking statements contained in this press release are made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statements, except if the law requires it.
Todd Kehrli/Joo-hun kim
MKR Investor Relations, Inc.
SOURCE Spark Networks SE