The Meet Group Inc (MEET) Files 10-K for the Fiscal Year Ended on December 31, 2018

The Meet Group Inc (NASDAQ:MEET) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. MeetMe Inc is a social network where new people meet on mobile platforms to connect and chat with each other. The company offers online marketing where marketers display their advertisements in different formats and in different locations. The Meet Group Inc has a market cap of $407.850 million; its shares were traded at around $5.46 with and P/S ratio of 2.45.

For the last quarter The Meet Group Inc reported a revenue of $45.7 million, compared with the revenue of $32.25 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $178.6 million, an increase of 44.3% from last year. For the last five years The Meet Group Inc had an average revenue growth rate of 36% a year.

The reported diluted earnings per share was 2 cents for the year, an increase of -102.1% from previous year. The The Meet Group Inc had an operating margin of 4.98%, compared with the operating margin of 9.35% a year before. The 10-year historical median operating margin of The Meet Group Inc is -13.16%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, The Meet Group Inc has the cash and cash equivalents of $28.4 million, compared with $24.2 million in the previous year. The long term debt was $18.1 million, compared with $40.8 million in the previous year. The interest coverage to the debt is 3.8. The Meet Group Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $5.46, The Meet Group Inc is traded at 24.6% discount to its historical median P/S valuation band of $7.24. The P/S ratio of the stock is 2.45, while the historical median P/S ratio is 3.23. The stock gained 108.40% during the past 12 months.

Directors and Officers Recent Trades:

10% Owner Capital Group, Lp Luxor bought 686,431 shares of MEET stock on 03/06/2019 at the average price of $5.4. The price of the stock has increased by 1.11% since.10% Owner Capital Group, Lp Luxor bought 51,231 shares of MEET stock on 02/11/2019 at the average price of $5.24. The price of the stock has increased by 4.2% since.

For the complete 20-year historical financial data of MEET, click here.