However, it also lacks the pressure of marital commitment that underlines a Spark Networks’ connection.
In other words, MEET facilitates light-hearted, natural introductions with the possibility of something greater.
Year-to-date, MTCH stock has gained almost 10%, and will be looking to add more.
In contrast, MTCH opened its doors to LGBTQ profiles.
To further their reach, Match owns several dating sites that cater to specific communities or trends.
If you think what Meet Group is cooking up sounds enticing, you’re not alone.
The company boasts more than 2.5 million daily users, so you don’t have to worry about fake profiles.
It has a debt-free balance sheet, one of the best profitability margins in the industry and an attractive valuation.
Because of its cash-rich position, MEET has a lot of options on the table.
From an investor’s perspective, MEET is a match made in heaven.
Unlike other dating stocks, the company has broadly balanced financials.
That said, shares are up 10% YTD, and I believe it has a solid chance of moving higher.
Spark Networks has zero debt on its books, and is laser-focused on its niche markets. Meet Group’s mission purpose is different from the “hook-up” mentality found in Match.
Today, the entire industry has taken on an almost scientific professionalism.