Cupid, the internet-based dating operator, posted strong first half results driven by expansion in the USA.
Revenues in the six months to June increased by 51% to £38.6m, but profits fell back due to marketing spend jumping 69%.
Pre-tax profits came in at £3.65m, down from £3.94m the year before.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Revenues from Cupid's new markets - USA, Canada, France, Italy, Spain and Germany - increasing by 122% to £22.2m.
Revenues from the firm's established markets, including UK, Australia, New Zealand and Ireland, increased by a more modest 6% to £16m.
It also saw promising growth in the developing territories of Brazil and India, with revenues up by 67% to £0.5m.
Chief Executive Bill Dobbie said the firm was in a very strong position and he was confident it would deliver value for shareholders in 2012 and beyond.
"The market for our services is global and growing and we are well positioned to take advantage of the numerous opportunities that exist," he said.
Act now: First Direct’s £175 switching bonus ending soon
First Direct has launched a £12,500 prize draw on top of its £175 cash bonus - but they both finish soon, so you’ll need to be quick
By Vaishali Varu Published
Credit card providers slash 0% balance transfer deals
Customers face a double whammy of rising interest rates and shorter 0% balance transfer periods. We look at what’s going on in the credit card market and why you’ll need to act fast to get the top 0% balance transfer deal
By Ruth Emery Published