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Spark Networks

AMEX:LOV
Snowflake Description

Slightly overvalued with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LOV
AMEX
$74M
Market Cap
  1. Home
  2. US
  3. Media
Company description

Spark Networks SE operates online dating sites and mobile applications. The last earnings update was 222 days ago. More info.


Add to Portfolio Compare Print
  • Spark Networks has significant price volatility in the past 3 months.
LOV Share Price and Events
7 Day Returns
17.7%
AMEX:LOV
1.5%
US Interactive Media and Services
2.4%
US Market
1 Year Returns
-80.1%
AMEX:LOV
-8%
US Interactive Media and Services
-10%
US Market
LOV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Spark Networks (LOV) 17.7% -30.1% -36.9% -80.1% - -
US Interactive Media and Services 1.5% -8.9% -19.9% -8% 25.4% 77.5%
US Market 2.4% -11% -19.4% -10% 9.6% 21.1%
1 Year Return vs Industry and Market
  • LOV underperformed the Interactive Media and Services industry which returned -8% over the past year.
  • LOV underperformed the Market in United States of America which returned -10% over the past year.
Price Volatility
LOV
Industry
5yr Volatility vs Market
Related Companies

LOV Value

 Is Spark Networks undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Spark Networks to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Spark Networks.

AMEX:LOV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AMEX:LOV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.046 (1 + (1- 30%) (16.53%))
1.112
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.112 * 5.44%)
7.79%

Discounted Cash Flow Calculation for AMEX:LOV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Spark Networks is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

AMEX:LOV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.79%)
2020 12.44 Est @ 30.7% 11.54
2021 15.18 Est @ 22.01% 13.07
2022 17.60 Est @ 15.93% 14.05
2023 19.65 Est @ 11.67% 14.56
2024 21.36 Est @ 8.69% 14.68
2025 22.77 Est @ 6.61% 14.52
2026 23.94 Est @ 5.15% 14.17
2027 24.93 Est @ 4.12% 13.68
2028 25.78 Est @ 3.41% 13.13
2029 26.53 Est @ 2.91% 12.53
Present value of next 10 years cash flows €135.00
AMEX:LOV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €26.53 × (1 + 1.74%) ÷ (7.79% – 1.74%)
€446.36
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €446.36 ÷ (1 + 7.79%)10
€210.87
AMEX:LOV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €135.00 + €210.87
€345.87
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €345.87 / 26.01
€13.3
AMEX:LOV Discount to Share Price
Calculation Result
Exchange Rate EUR/USD
(Reporting currency to currency of AMEX:LOV)
1.089
Value per Share
(USD)
= Value per Share in EUR x Exchange Rate (EUR/USD)
= €13.3 x 1.089
$14.48
Value per share (USD) From above. $14.48
Current discount Discount to share price of $2.86
= -1 x ($2.86 - $14.48) / $14.48
80.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Spark Networks is available for.
Intrinsic value
>50%
Share price is $2.86 vs Future cash flow value of $14.48
Current Discount Checks
For Spark Networks to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Spark Networks's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Spark Networks's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Spark Networks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Spark Networks's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:LOV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €-0.53
AMEX:LOV Share Price ** AMEX (2020-04-07) in USD $2.86
AMEX:LOV Share Price converted to EUR reporting currency Exchange rate (USD/ EUR) 0.918 €2.63
United States of America Interactive Media and Services Industry PE Ratio Median Figure of 29 Publicly-Listed Interactive Media and Services Companies 23.76x
United States of America Market PE Ratio Median Figure of 2,948 Publicly-Listed Companies 12.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Spark Networks.

AMEX:LOV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:LOV Share Price ÷ EPS (both in EUR)

= 2.63 ÷ -0.53

-4.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Spark Networks is loss making, we can't compare its value to the US Interactive Media and Services industry average.
  • Spark Networks is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Spark Networks's expected growth come at a high price?
Raw Data
AMEX:LOV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Interactive Media and Services Industry PEG Ratio Median Figure of 24 Publicly-Listed Interactive Media and Services Companies 1.55x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Spark Networks, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Spark Networks's assets?
Raw Data
AMEX:LOV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €1.27
AMEX:LOV Share Price * AMEX (2020-04-07) in USD $2.86
AMEX:LOV Share Price converted to EUR reporting currency Exchange rate (USD/ EUR) 0.918 €2.63
United States of America Interactive Media and Services Industry PB Ratio Median Figure of 60 Publicly-Listed Interactive Media and Services Companies 1.92x
United States of America Market PB Ratio Median Figure of 5,162 Publicly-Listed Companies 1.26x
AMEX:LOV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:LOV Share Price ÷ Book Value per Share (both in EUR)

= 2.63 ÷ 1.27

2.07x

* Primary Listing of Spark Networks.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Spark Networks is overvalued based on assets compared to the US Interactive Media and Services industry average.
X
Value checks
We assess Spark Networks's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Interactive Media and Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Spark Networks has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LOV Future Performance

 How is Spark Networks expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Spark Networks has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.9%
Expected Interactive Media and Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Spark Networks expected to grow at an attractive rate?
  • Unable to compare Spark Networks's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Spark Networks's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Spark Networks's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:LOV Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 13.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:LOV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:LOV Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-04-08
AMEX:LOV Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 101 14 -7
2019-03-31 103 11 -5
2018-12-31 105 8 -3
2018-09-30 101 3 -4
2018-06-30 97 -3 -5
2018-03-31 91 -2 -5
2017-12-31 86 -1 -6
2017-06-30 80 7 -1
2017-03-31 77 7 0
2016-12-31 73 7 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Spark Networks is high growth as no earnings estimate data is available.
  • Unable to determine if Spark Networks is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:LOV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Spark Networks Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:LOV Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-04-08
AMEX:LOV Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 -0.53
2019-03-31 -0.38
2018-12-31 -0.24
2018-09-30 -0.38
2018-06-30 -0.58
2018-03-31 -0.97
2017-12-31 -2.42
2017-06-30 -3.68
2017-03-31 0.81
2016-12-31 5.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Spark Networks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Spark Networks's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Media companies here
  2. Spark Networks's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Spark Networks's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Spark Networks has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LOV Past Performance

  How has Spark Networks performed over the past 5 years?

  • Spark Networks's last earnings update was 222 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Spark Networks's growth in the last year to its industry (Interactive Media and Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Spark Networks does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Spark Networks's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Spark Networks's 1-year growth to the US Interactive Media and Services industry average as it is not currently profitable.
Earnings and Revenue History
Spark Networks's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Spark Networks Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:LOV Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 100.76 -6.83 31.59
2019-03-31 102.66 -4.97 32.28
2018-12-31 104.55 -3.10 32.98
2018-09-30 100.54 -4.06 33.22
2018-06-30 96.54 -5.02 33.74
2018-03-31 91.09 -5.30 32.66
2017-12-31 85.64 -5.57 31.59
2017-06-30 79.97 -0.92 25.73
2017-03-31 76.73 0.20 22.33
2016-12-31 73.49 1.32 18.94
2015-12-31 60.44 0.41 15.19

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Spark Networks has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Spark Networks has efficiently used its assets last year compared to the US Interactive Media and Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Spark Networks improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Spark Networks's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Interactive Media and Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Spark Networks has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LOV Health

 How is Spark Networks's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Spark Networks's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Spark Networks's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Spark Networks's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Spark Networks's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Spark Networks Company Filings, last reported 9 months ago.

AMEX:LOV Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 16.53 11.29 12.80
2019-03-31 16.53 11.29 12.80
2018-12-31 19.41 12.13 11.39
2018-09-30 19.41 12.13 11.39
2018-06-30 21.08 14.00 10.08
2018-03-31 21.08 14.00 10.08
2017-12-31 19.48 5.85 10.31
2017-06-30 -26.05 32.13 9.04
2017-03-31 -26.05 32.13 9.04
2016-12-31 -24.72 32.14 10.22
2015-12-31 -26.41 26.28 5.11
  • Spark Networks's level of debt (68.3%) compared to net worth is high (greater than 40%).
  • Unable to establish if Spark Networks's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (121.2%, greater than 20% of total debt).
  • Spark Networks is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Spark Networks's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Spark Networks has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LOV Dividends

 What is Spark Networks's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Spark Networks dividends.
If you bought $2,000 of Spark Networks shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Spark Networks's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Spark Networks's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:LOV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 0.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:LOV Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-04-08

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Spark Networks has not reported any payouts.
  • Unable to verify if Spark Networks's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Spark Networks's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Spark Networks has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Spark Networks's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Spark Networks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Spark Networks has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LOV Management

 What is the CEO of Spark Networks's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Eric Eichmann
AGE 52
TENURE AS CEO 0.4 years
CEO Bio

Mr. Eric Eichmann serves as Managing Director and Chief Executive Officer at Spark Networks, Inc. since November 18, 2019. Mr. Eichmann serves as Chief Executive Officer at Spark Networks SE since November 18, 2019 and serves as its Managing Director since November 2019 and also serves as its Director since December 31, 2019. Mr. Eichmann Consumer and Ad Technology experience. Mr. Eichmann served as an Advisor to the Chief Executive Officer at Criteo S.A. since April 25, 2018 until August 31, 2018. Mr. Eichmann was the Chief Executive Officer of Criteo S.A. since January 1, 2016 until April 2018. Mr. Eichmann was the President and Chief Operating Officer of Criteo Corp. He served as the President of International at LivingSocial Limited and is directing all of its operations outside of North America. He served as the President and Chief Operating Officer of Criteo SA from November 2013 to January 1, 2016. He served as Chief Operations Officer of Hungry Machine, Inc. since September 2010. He was responsible for helping Hungry Machine scale its operations and expand its international presence. Mr. Eichmann served as Chief Revenue Officer of Criteo SA from March 2013 to November 2013. He served as Chief Revenue Officer of Criteo Corp. and focused on growing Criteo’s existing revenue streams and establishes a global footprint in the Criteo key verticals: retail, travel and classifieds. He served as Chief Operating Officer at LivingSocial, Inc. from September 2006 to August 6, 2010. He served as Chief Operating Officer of Rosetta Stone, Inc. from September 2006 to August 6, 2010. He was responsible for sales and marketing, international expansion, business development, IT, websites, call centers and operations of Rosetta. He served as Senior Vice President of Advertising operations, systems and promotions of America Online (AOL) based in Dulles, Va., where he led the turnaround of its advertising business. Mr. Eichmann served as a Strategic Management Consultant with McKinsey & Co. in Venezuela, Chicago, Paris and Washington, D.C. He served as Senior Engagement Manager of McKinsey & Company. He worked for Panalpina Inc., driving IT system development in Switzerland and managing Latin America's MIS operations in Miami. He served as a Director of Criteo SA from June 30, 2016 to 2018. Mr. Eichmann has a Master of Computer Engineering degree from the Swiss Federal Institute of Technology in Lausanne, Switzerland and a MBA from the Kellogg Graduate School of Management, Northwestern University.

CEO Compensation
  • Insufficient data for Eric to compare compensation growth.
  • Insufficient data for Eric to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Spark Networks management team in years:

0.6
Average Tenure
  • The average tenure for the Spark Networks management team is less than 2 years, this suggests a new team.
Management Team

Eric Eichmann

TITLE
MD, CEO & Director
AGE
52
TENURE
0.4 yrs

Bert Althaus

TITLE
MD & CFO
TENURE
0.6 yrs

Benjamin Hoskins

TITLE
Chief Technology Officer
AGE
45
TENURE
3.3 yrs

Gitte Bendzulla

TITLE
MD & General Counsel
TENURE
1.4 yrs

Kirill Priyatel

TITLE
Chief Commercial Officer
TENURE
0.3 yrs

Cristina Ceballos

TITLE
Corporate Controller
Board of Directors Tenure

Average tenure and age of the Spark Networks board of directors in years:

1.8
Average Tenure
48.5
Average Age
  • The average tenure for the Spark Networks board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Khalil

TITLE
Chairman of Administrative Board
AGE
37

Eric Eichmann

TITLE
MD, CEO & Director
AGE
52
TENURE
0.3 yrs

Brad Goldberg

TITLE
Vice Chairman of Administrative Board
AGE
49

Colleen Brown

TITLE
Member of Administrative Board
AGE
60
TENURE
2.4 yrs

Axel Hefer

TITLE
Member of Administrative Board
AGE
42
TENURE
2.4 yrs

Jeronimo Folgueira

TITLE
Director
AGE
37
TENURE
0.3 yrs

Cheryl Law

TITLE
Member of Administrative Board
AGE
48
TENURE
1.8 yrs

Deepak Kamra

TITLE
Director
AGE
62
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
16. Dec 19 Sell PEAK6 Investments, L.P. Company 08. Nov 19 12. Dec 19 -1,399,980 $5.73 $-8,021,885
16. Dec 19 Buy PEAK6 Investments, L.P. Company 08. Nov 19 08. Nov 19 191,950 $5.30 $1,017,335
10. Dec 19 Sell Rocket Internet SE Company 20. Nov 19 05. Dec 19 -427,900 $5.48 $-2,126,555
22. Nov 19 Sell Rocket Internet SE Company 11. Nov 19 19. Nov 19 -281,200 $5.64 $-1,476,228
12. Nov 19 Sell Rocket Internet SE Company 04. Nov 19 08. Nov 19 -390,500 $5.45 $-2,075,205
05. Nov 19 Sell Rocket Internet SE Company 28. Oct 19 01. Nov 19 -277,500 $5.35 $-1,425,141
30. Oct 19 Sell Rocket Internet SE Company 14. Oct 19 25. Oct 19 -288,000 $5.87 $-1,611,243
17. Oct 19 Sell Rocket Internet SE Company 01. Oct 19 11. Oct 19 -312,955 $5.70 $-1,713,590
03. Oct 19 Sell Rocket Internet SE Company 18. Sep 19 27. Sep 19 -259,986 $6.48 $-1,421,415
05. Sep 19 Sell Rocket Internet SE Company 01. Aug 19 02. Aug 19 -582 $9.00 $-5,238
X
Management checks
We assess Spark Networks's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Spark Networks has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LOV News

Simply Wall St News

What Kind Of Shareholder Appears On The Spark Networks SE's (NYSEMKT:LOV) Shareholder Register?

View our latest analysis for Spark Networks AMEX:LOV Ownership Summary, August 23rd 2019 What Does The Institutional Ownership Tell Us About Spark Networks? … Insider Ownership Of Spark Networks The definition of an insider can differ slightly between different countries, but members of the board of directors always count. … Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company.

Simply Wall St -

Did You Manage To Avoid Spark Networks's (NYSEMKT:LOV) 10% Share Price Drop?

Investors in Spark Networks SE (NYSEMKT:LOV) have tasted that bitter downside in the last year, as the share price dropped 10%. … View our latest analysis for Spark Networks Spark Networks isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … In the last twelve months, Spark Networks increased its revenue by 22%.

Simply Wall St -

Is Spark Networks SE's (NYSEMKT:LOV) Balance Sheet A Threat To Its Future?

Additionally, LOV has generated cash from operations of €8.5m over the same time period, resulting in an operating cash to total debt ratio of 70%, signalling that LOV’s current level of operating cash is high enough to cover debt. … Looking at LOV’s €34m in current liabilities, it appears that the company arguably has a rather low level of current assets relative its obligations, with the current ratio last standing at 0.54x. … The current ratio is calculated by dividing current assets by current liabilities.

Simply Wall St -

Could Spark Networks SE's (NYSEMKT:LOV) Investor Composition Influence The Stock Price?

Spark Networks is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that. … institutional investors have bought into the company

Simply Wall St -

Do Directors Own Spark Networks SE (NYSEMKT:LOV) Shares?

Every investor in Spark Networks SE (NYSEMKT:LOV) should be aware of the most powerful shareholder groups. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Spark Networks is a smaller company with a market capitalization of US$118m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What does Spark Networks SE's (NYSEMKT:LOV) Balance Sheet Tell Us About Its Future?

While small-cap stocks, such as Spark Networks SE (NYSEMKT:LOV) with its market cap of US$147m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.

Simply Wall St -

Who Really Owns Spark Networks SE (NYSEMKT:LOV)?

In this article, I'm going to take a look at Spark Networks SE’s (NYSEMKT:LOV) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … See our latest analysis for Spark Networks

Simply Wall St -

Is Spark Networks SE's (NYSEMKT:LOV) Balance Sheet Strong Enough To Weather A Storm?

Spark Networks SE (NYSEMKT:LOV) is a small-cap stock with a market capitalization of US$141.48m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Internet companies,

Simply Wall St -

Is Spark Networks SE's (NYSEMKT:LOV) Balance Sheet Strong Enough To Weather A Storm?

How does LOV’s operating cash flow stack up against its debt? … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Risk around debt is very low for LOV, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: LOV’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

Who Really Owns Spark Networks SE (NYSEMKT:LOV)?

Check out our latest analysis for Spark Networks AMEX:LOV Ownership_summary Apr 6th 18 Institutional Ownership In LOV's case, institutional ownership stands at 12.06%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … With 9.69% ownership, LOV insiders is an important ownership type.

Simply Wall St -

LOV Company Info

Description

Spark Networks SE operates online dating sites and mobile applications. It focuses on catering professionals and highly educated singles with serious relationship intentions in North America and other international markets. The company operates its dating platforms under the EliteSingles, Jdate, Christian Mingle, SilverSingles, eDarling, JSwipe, and AttractiveWorld brands. The company is headquartered in Berlin, Germany.

Details
Name: Spark Networks SE
LOV
Exchange: AMEX
Founded:
$74,389,658
26,010,370
Website: http://www.spark.net
Address: Spark Networks SE
Kohlfurter Strasse 41/43,
Berlin,
Berlin, 10999,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX LOV SPONSORED ADR NYSE MKT LLC US USD 17. Nov 2017
Number of employees
Current staff
Staff numbers
273
Spark Networks employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 09:07
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2019/08/30
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.