How The Meet Group Makes Its Money

The Meet Group (NASDAQ: MEET) has gone through several transformations over the past year. The social meet-up and dating-app company has expanded quickly from its flagship Meet Me app into a company with five social-networking brands under the Meet Group parent company.

The company has grown by purchasing three companies over the past 12 months, which has built up both The Meet Group's user base and its revenues. The company's top line continues to be very dependent on advertising, but it's expanding its offerings to include more subscription services and in-app purchases as well.

Image source: Getty Images.

Source: Fool.com