1 million
, a 24% gain from $8.com are unique referral-based
online dating services that offer singles access
to "pre approved"
potential suitors.com), the nation's
leading wedding resource, provides over
one million new members a year
with comprehensive wedding planning information, interactive tools
and
resources, and wedding-related shopping. The Qube Learning System QGames provide valuable user
analytics that can help employees focus on their most critical knowledge
needs.
popping moments
com), the nation
's leading wedding resource,
today reported financial results for its fourth quarter and twelve
months
ended December 31, 2004.
"Later this quarter, we will be launching our new merchandising
platform
, which will make the buying process more efficient and user
friendly than in the past; and we are
looking forward to rebuilding
our wedding supplies revenue stream.com/au_corpoverview. The Company
also publishes a
wedding planning book trilogy with Broadway Books, a gift book series
with Chronicle
Books and produces a televised documentary series on
The Oxygen Network and a Video On Demand (VOD
) service for Comcast
Cable. These statements are only predictions and reflect the
current beliefs
and expectations of The Knot.Congresswoman Tubbs Jones to Host 2nd Annual Grant Workshop
The
AQumulator is already in use by major corporations as part of the Qube
Learning System, QBI's online
, learning game management platform that
transforms basic or complex technical information into useful
, sustainable,
measurable knowledge.crutchley awesome
Business Editors
NEW YORK----The Knot, Inc.
2004 Financial Performance
For the twelve months of 2004, The Knot's net revenue rose 13%
to
$41. Gross margins rose to 73%
from 68% in the prior year due to a higher mix of online advertising
revenues.0 million in the prior year, reflect a non-cash
gain of $1. Liu concluded.shtml.01
$0.ebook etiquette
Total operating expenses for the year, which increased to
$29. In addition, operating expenses
for the year include approximately $3.0 million in cash on
its balance sheet. Our
goal is to
continue to build products and services that meet the
specific needs of our membership base, primarily
women aged 25-40."
CONFERENCE CALL AND WEBCAST
The Knot will host a conference call with
investors at 2:30 p. The Knot produces a national publication, "The
Knot Weddings Magazine" and publishes
"The Knot Weddings," regional
wedding magazines in 16 U.com, the
first online destination for
the newly married audience, providing
couples in their first two years of marriage with targeted
relationship advice, living and entertaining ideas, interactive tools
for daily life and a robust
community of peers.06
========== ========== ========== ===========
Diluted
earnings per share $0. WASHINGTON, On Thursday, March 24, 2005,
Congresswoman Stephanie Tubbs
Jones will host her 2nd Annual Grant Information
Workshop from 8:30am-12:30pm.engaging jenkins
Net income for
2004 was $1. Liu noted that "Since Christmas, the
unofficial start of the wedding planning season
, membership traffic
has been strong, with an average of over 4,000 new members enrolling
each
day.8 in the same quarter of 2003. The AQumulator
organizes employee answers into an easy to navigate
Knowledge Base.moments crutchley
These strong gains in The
Knot's media revenue more than offset a 16% decline in
merchandising
revenue.06 per basic and $0.theknot.
ABOUT THE KNOT, INC. It is routine for
internal projections and
expectations to change as the quarter progresses, and therefore it
should
be clearly understood that the internal projections and beliefs
upon which The Knot bases its expectations
may change prior to the end
of the quarter.01 $0.
*CEO and Founder Andrew Kimball is
a leading authority in organizational
learning and human performance technology.planners extravagant
theknot. Including
approximately $1. Participants can also access the live broadcast
over the Internet on the Investor
Relations section of The Knot Web
site, accessible at http://www.
The Knot, Inc. The Knot
has extended its
brand to reach every venue engaged couples consult including
bookstores, newsstands
, nationally distributed cable television
programming and the Internet.
The Knot is based in
New York and has several other offices across
the country.
"My congressional office receives
many requests for information on how to
obtain federal funds," stated Rep. The AQumulator posts a
question, then automatically gathers
confidential, anonymous answers, ideas, recommendations, and
opinions. Employees can
see how their responses and opinions compare with co-workers as they
progress
through the game-based application.
engagement worst
OB, www. The revenue gain reflects a 40% increase in online
advertising, a 23% gain in publishing and other revenue and a 4%
decrease in merchandise sales
.
In November 2004, The Knot launched The Nest, www.m. Although these expectations may change, The
Knot will
not necessarily inform you if they do.01 $0.
QBInternational, a global provider
of sales
force readiness technology and custom learning solutions, announces the
immediate availability
of the AQumulator as the newest component of the
company's Qube Learning System.com (est.extravagant proposal
"
In
the fourth quarter of 2004, The Knot launched a new brand - The
Nest - to reach newlyweds who will
be buying a broad range of high
ticket merchandise and services during their first two years of
marriage
.Companies and resources providing specific information regarding proposals and engagements.
crutchley engagements
01 per
basic
and diluted share in the comparable quarter of 2003.thenest. Participants should dial in
800-638
-7172 (ID# 3861716) at least 10 minutes before the call is
scheduled to begin.05
========== ========== ========== ===========
Weighted average number of
common
shares outstanding
Basic 22,252,906 20,177,498 22,073,885 18,900,861
========== ========== ========== ===========
Diluted 23,780
,720 22,016,629 23,650,408 20,308,658
========== ========== ========== ===========
Please note that you must RSVP to attend
this event.PRESS RELEASE QBInternational's AQumulator
(TM) Helps Companies Improve Products Sales by Analyzing Employee Feedback
qube.proposing proposal
Tubbs Jones. "We
've seen successful new ideas for product and process
improvement from field engineers and other personnel
whose voices aren't
always heard.proposing preparations
These gains on
both the national and local level reflect increasing
recognition of
the value of The Knot's direct reach to over 1 million active members
who will
be planning major expenditures for weddings and honeymoons in
the coming 12-18 months." Mr.,
ET
on Tuesday, February 15, 2005, to discuss its fourth quarter and
year end 2004 financial results
.engagement engaging
com," Mr. Actual events or results
may differ materially from those contained in the projections
or
forward-looking statements.
Consolidated Statements of Operations
(in thousands, except per share amounts)
Three months ended
Twelve months ended
December 31, December 31,
--------------------------------------------
2004
2003 2004 2003
---------- ---------- ---------- ----
-------
(Unaudited)(Unaudited)(Unaudited) (Audited)
Net revenues:
Sponsorship
and
advertising $5,011 $3,574 $17,624 $12,463
Merchandise
2,114 2,191 13,064 15,510
Publishing and other 2,940 2,384
10,709 8,724
---------- ---------- ---------- -----------
Total
net revenues 10,065 8,149 41,397 36,697
Cost of revenues
2,135 2,089 11,144 11,717
---------- ---------- -------
--- -----------
Gross profit 7,930 6,060 30,253 24,980
Operating
expenses:
Product and content
development 1,418 1,004 5,161
4,220
Sales and marketing 2,918 2,716 12,068 11,354
General and administrative
3,225 1,887 11,092 7,505
Non-cash compensation - -
- 33
Depreciation and
amortization 229 193 817
858
---------- ---------- ---------- -----------
Total operating
expenses 7,790 5,800 29,138 23,970
Income from operations 140
260 1,115 $1,010
Interest and other income,
net
106 39 299 102
---------- ---------- ----------
-----------
Income before income taxes $246 $299 $1,414 $1,112
========== ========== ========== ===========
Provision for income taxes
61 15 139 50
Net income $185 $284 $1,275
$1,062
========== ========== ========== ===========
Basic earnings
per share $0.
Companies can track, reward and recognize winning ideas or best practices.
QBI
's innovative Qube Learning System is a hosted game-based learning
platform for creating engaging
effective online learning.awesome sure
Commenting on The Knot's 2004 results, Chief Executive Officer
David
Liu said: "We are pleased with the strong growth in our online
and offline media revenue streams
during the past year.1 million of additional professional fees related to
litigation, total operating
expenses for the fourth quarter increased
to $7.8 million from $5.01 per basic and diluted share
, compared with $284,000 or $0. This acquisition
further expands the Company's relationship with women
, ages 25-40, and
marks its arrival into the online personals domain.
GreatBoyfriends.OB; www.etiquette proposing
1
million from $24. The Knot
reported net income for the fourth quarter of 2004 of $185,000, or
$0.S.engagements knee
1 million in the comparable
quarter of 2003.com).
REPLAY INFORMATION
A replay of
the Web cast will also be archived on The Knot Web
site approximately 2 hours after the conference
call ends for a period
of two weeks and will also be available at 800-642-1687 reference
#3861716
.
Consolidated Balance Sheets
(in thousands)
December 31, December 31,
2004 2003
------------- ------
------
(Unaudited) (Audited)
Assets
Current
assets:
Cash and cash equivalents $ 23,038 $ 22,511
Accounts receivable
, net 3,152 2,883
Inventories 1
,411 1,195
Deferred production and marketing costs 269 318
Other
current assets 726 747
------------- ------------
Total current assets 28,596 27
,654
Property and equipment, net 2,468 2,006
Intangible assets
, net 8,634 8,734
Other assets
296 313
------------- ------------
Total assets $ 39,994 $ 38,707
============= ============
Liabilities and stockholders' equity
Current liabilities:
Accounts payable and accrued expenses $ 4,181 $ 5,790
Deferred revenue
5,910 4,891
Current portion of long-term debt
43 40
------------- ------------
Total
current liabilities 10,134 10,721
Long term debt
153 196
Other liabilities 505
490
------------- ------------
Total liabilities
10,792 11,407
Stockholders' equity:
Common stock
223 217
Additional paid-in-capital
75,154 74,533
Accumulated deficit (46,175 ) (47,450 )
------------- ------------
Total stockholders' equity
29,202 27,300
-----------
-- ------------
Total liabilities and stockholders'
equity
$ 39,994 $ 38,707
============= ============
The Knot Inc. Parking will be available.
planners preparations
7 million
in 2003.05
per diluted share as compared to $1. Liu said. The Nest is tailored to meet
newlywed
-specific needs with savvy advice and stylish ideas,
personalized tools designed to assist them through
the everyday
challenges of married life and a community where they can continue
their relationships
with other "Knotties.com,
is the leading online wedding destination and wedding content provider
to America Online, MSN and Comcast. The Knot's policy is to provide
its expectations not more
than once per quarter, and not to update
that information until the next quarter.01 $0. The
Qube
includes four components: QBooks for information delivery, QGames to
engrave knowledge in
the learner's brain, Challenge Arenas to increase
learner motivation and engagement, and Learning
Dashboards to measure
individual, team and organizational knowledge.engagement worlds
markets and "The Knot Real Weddings
"
magazines in two additional markets. In addition, attendees will
have an opportunity to speak
with several federal agencies on site regarding
federal grant opportunities.rebecca planners
The Knot Reports Fourth
Quarter and 2004 Year End Financial Results; Online Advertising Revenue Rose 41% in 2004
2 million
due to the settlement of a previously recorded
liability with a distribution partner. "The technology
problems which impacted
merchandise revenue in the past year are behind us," Mr.
THE KNOT
'S RECENT HIGHLIGHTS
In January 2005, The Knot acquired the assets of GreatBoyfriends
LLC
(GreatBoyfriends. Its award-winning website, TheKnot.
For additional information or to RSVP, please
contact Nikia Okoye or
Saulette Reed at (216) 522-4900.
Employees can rate and prioritize
their own responses as well as their
peers' responses using predefined Evaluation Criteria.
QBInternational
www.
ebook etiquette
1 million and comparable per share
results, respectively, in the prior year. "Our strong financial
foundation enables us to expand our
core business and invest in future growth opportunities," Mr
.06 $0.
Qube
"Product
Marketing managers are using the AQumulator to draw useful
information up the sales chain from customers
, from wholesalers, from
channel partners, and from sales forces," stated Andy Kimball*, CEO and
Founder
of QBI."
Using the AQumulator, companies can identify sales or other best practices,
identify
employee concerns, and gather customer input.jenkins engagement
3 million, or $0.com, Inc. Liu
continued. We
are
taking a methodical approach to extending the life of our
customers with TheKnot and TheNest; and
we are broadening the
complementary services we offer, most recently with our acquisition of
GreatBoyfriends
.com and GreatGirlfriends. To
access the Web cast, participants should visit The Knot Web site at
least 15 minutes prior to the conference call in order to download or
install any necessary audio
software.
The Knot also offers a diverse collection of wedding planning
print publications.
This release may contain projections or other forward-looking
statements regarding future events
or the future financial performance
of The Knot. Some of the factors that
could cause actual results
to differ materially from the
forward-looking statements contained herein include, without
limitation
, (i) The Knot's unproven business model and limited
operating history, (ii) The Knot's history of
losses, (iii) the
significant fluctuation to which The Knot's quarterly revenues and
operating
results are subject, (iv) the risks and related costs
associated with ongoing litigation, (v) the
seasonality of the wedding
industry and (vi) other factors detailed in documents The Knot files
from
time to time with the Securities and Exchange Commission,
including its recent filings on Forms 10
-K and 10-Q.
The Knot Inc. "It is for this reason that I
am hosting this
grant fair and workshop to assist my constituents in
identifying appropriate funding sources and
providing them with resources to
help them write successful grant proposals. 1996) helps Fortune
500 companies
reduce the cost and increase the fun and effectiveness of online training.ebook dozens
com and GreatGirlfriends
. The workshop will consist of a panel
discussion and grant proposal writing workshop.
Each idea
is evaluated and prioritized based on peer input. Throughout the
experience, they can check the
"Best Ideas" answers to each question which,
based on peer responses, represent the most useful feedback
or
cost-effective ideas.ebook cardiff
4 million from $36.theknot. Forward-looking
statements in this release
are made pursuant to the safe harbor
provisions contained in the Private Securities Litigation Reform
Act
of 1995. This event will take place on the Metro Campus
of Cuyahoga Community College in the
Unified Technologies Center located at
2415 Woodland Avenue College. AQumulator is an innovative
online game for
gathering and prioritizing employee ideas, suggestions, feedback and
concerns
.proposal dozens
The revenue growth was the
result of a 41% increase from national and local online advertising
programs
and a 23% gain in publishing.0 million in additional
professional fees related to The Knot's current
litigation with
WeddingChannel. At December 31, 2004, the Knot had $23.
Fourth Quarter Results
For the fourth quarter of 2004, the Company reported net revenues
of $10."
Gross margins
rose to 79% from 74% in the prior year's fourth
quarter again due to a higher mix of advertising
revenues.
"We have built a media company around a brand that requires little
to no marketing to
attract a loyal audience direct to our site.com, the
Company's new home for newlyweds.
The Knot
recently launched its newlywed website, TheNest.05 $0.
This event is being held to inform
constituents of federal grant
opportunities and funding resources.proposal preparations
(OTCBB:
KNOT. (OTCBB: KNOT
.
Please make sure this is the most appropriate category for your submission.
rebecca engaging
A community sponsored library.
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