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• Spark expects substantial margin expansion due to this purchase; focusing on over $50 million of Adjusted EBITDA in 2020
• Spark’s monthly paying subscribers to a lot more than double; exceeding one million internationally
• Two-thirds with the pro forma merged team revenue will come from America

BERLIN, Germany and SAN FRANCISCO, CA– March 21, 2019 – Spark companies SE (NYSE United states: LOV), a prominent worldwide dating providers, these days revealed the entry into a definitive arrangement to obtain Zoosk, Inc. The blend will push a meaningful upsurge in Spark’s measure, along with one million month-to-month paying members over the two systems. Spark anticipates the purchase to operate a vehicle significant margin development in 2020 and past.

“Zoosk is one of the strongest matchmaking programs during the united states market, which includes 50 % of the $5 billion international online dating sites chance,” said Jeronimo Folgueira, Chief Executive Officer of Spark systems SE.

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