Cupid (LON:CUP) - Serious dating

Friday, Jul 19 2013 by

Jul 19th 2013 - Edison Investment Research today published a report on Cupid (CUP.L, LSE:CUP, LON:CUP) entitled "Serious Dating". In summary, the report says:

Cupid has announced the disposal of its Casual dating sites and will now be concentrating on growing its core mainstream and niche online dating brands. We have made an early and provisional appraisal of the financial shape of the business going forward and expect to produce more detailed forecasts with the interims in September. Although the investment needed will be substantial, the ‘new’ Cupid should prove more sustainable and more directly comparable with other quoted international dating groups.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »