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Press Release [prnewswire.com]
Fourth quarter 2005 revenue totaled $30.1 million, a 65% increase when
compared to revenues of $18.2 million for the same period one year ago. Net
income for the fourth quarter of 2005 was $8.8 million, or $0.12 per share,
compared to net income of $2.4 million, or $0.03 per share, for the fourth
quarter of 2004.
iVillage reported Earnings Before Interest, Taxes, Depreciation and
Amortization (EBITDA)(1) of $11.1 million for the fourth quarter of 2005
compared to $3.2 million for the fourth quarter of 2004.
It's probably a good time to make the point that profitable communities rarely happen overnight and are never profitable from day one. Building a community takes a lot of hard work, and it will often be years before it can become profitable. Many "successful" communities still aren't profitable, and the community operators are often not fully compensated for the many hours of effort it takes to keep them going.