Spark Networks reported revenue of $187.8 million for the full year 2022.
Understanding Spark Networks' Financial Performance
Spark Networks, a leading global dating company, experienced a shift in its financial performance in 2022 compared to the previous year. The reported revenue reflects the company's operational activities and market conditions during that period.
- 2022 Revenue: The company's revenue for the full year 2022 stood at $187.8 million.
- Comparison to 2021: This figure represents a decrease when compared to the revenue of $216.9 million reported in 2021, indicating a decline in sales or service subscriptions over the period.
- Constant Currency Basis: It is also notable that on a constant currency basis, the revenue for 2022 would have been $197.1 million. This adjusted figure helps to understand the company's performance by removing the impact of foreign exchange rate fluctuations, providing a clearer view of underlying business trends. Currency fluctuations can sometimes obscure the true operational performance, making constant currency metrics valuable for financial analysis.
Below is a summary of Spark Networks' recent revenue figures:
| Fiscal Year | Reported Revenue | Revenue (Constant Currency Basis) |
|---|---|---|
| 2022 | $187.8 million | $197.1 million |
| 2021 | $216.9 million | Not specified for comparison |
This financial information provides insights into Spark Networks' market position and operational results. For more detailed financial insights, refer to official company reports, such as the Spark Networks Reports Fourth Quarter and Full Year 2022 Results.
