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Meet winter 2013 investor

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Winter 2013 Investor Presentation
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Page 1: Meet winter 2013 investor

Winter 2013 Investor Presentation

Page 2: Meet winter 2013 investor

Cautionary Note Regarding Forward Looking Statements Certain statements in this presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding international growth, mobile monetization, expanding into additional languages, and our plans regarding launching new products and the effectiveness of these products. All statements other than statements of historical facts contained herein, including statements regarding the continued growth in our core platform, are forward-looking statements. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include: the risk that unanticipated events affect the internationalization of our mobile products, the acceptance of our new brand internationally, issues that affect the functionality of our mobile application with popular mobile operating systems, any changes in such operating systems that degrade our mobile application’s functionality and other unexpected issues which could adversely affect usage on mobile devices, the effectiveness of our mobile software on smartphones and tablets, the willingness of our users to purchase virtual credits on their mobile devices, and the willingness of users to try new product offerings. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-Q for the quarters ended March 31, June 30 and September 30, 2012 and the Form 10-K for the year ended December 31, 2011. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Regulation G – Non-GAAP Financial Measures This presentation includes a discussion of Quepasa and myYearbook combined company revenues and Adjusted EBITDA from continuing operations which are non-GAAP financial measures. Reconciliations to the most directly comparable GAAP financial measures are provided on the Investor Relations section of the MeetMe corporate website at http://www.meetmecorp.com/investors/non-gaap/. © 2013, MeetMe, Inc.

MEET 2© 2013

Page 3: Meet winter 2013 investor

Stock Price Information, as of December 31, 2012

© 2013 MEET 3

Stock information source: Yahoo! Finance, December 31, 2012.Chart information source: bigcharts.com, December 31, 2012.

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Investment Highlights #1 most visited social network for meeting new people in the US.1

#1 Top Grossing Social App on Android.2

24% growth in MAU in Q3 average vs. Q2 average.

30% growth in revenue in Q3 2012 to $11.6 million. Positive adjusted EBITDA (non-GAAP). 3

Addressable market of over 1.5 billion people globally.

© 2013

1comScore US, November 2012. myYearbook vs. Tagged and Badoo.2Android Market Top Grossing Social App as of January 2, 2013.3Reconciliation to the most comparable GAAP financial measure is available at http://www.meetmecorp.com/investors/non-gaap/.

MEET 4

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© 2013 MEET 5

Our mission is to build the leading social network for meeting new people.

We are the digital coffeehouse, a re-imagination of the bar, a social gathering place. We intend to transform the way people meet in a mobile-first world.

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Pioneering the Next Category of Social Networking: Social Discovery

© 2013 MEET 6

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Q3 Traffic Sets All-Time Records(Q3 average vs. Q2 average)

Total Mobile

DAU 1,107,853 8% 677,906 12%

MAU 3,935,970 24% 1,947,439 17%

New Registrations 4,203,517 80% 1,346,117 46%

DAU, MAU and Registration statistics represent the Q3 results from MeetMe Platform (MeetMe website and mobile app).

MEET 7© 2013

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Dramatic Mobile Growth

© 2013 MEET 8

Note: MAU and DAU charts refer to total MAU and DAU of MeetMe, previously myYearbook. MeetMe results presented above include data from prior to the merger with myYearbook on November 10, 2011, and is presented on a combined pro-forma basis.

Page 9: Meet winter 2013 investor

Creating the Best Place to Meet New People

© 2013 MEET 9

Page 10: Meet winter 2013 investor

Strong User Engagement

Average hours spent calculated using total hours spent divided by MeetMe Platform MAU (September 2012). Source: Google Analytics for Web. Flurry for Android, iPhone and iPad.

MEET 10© 2013

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Large Addressable MarketAddressable Market of Over 1.5 Billion People Aged 18-30 Worldwide

Source: United States census data for 2012 (www.census.gov).

MEET 11© 2013

Page 12: Meet winter 2013 investor

Focus on Fastest-Growing Segment of Mobile MarketApps projected by Forrester to be $50 billion a year business by 20151

© 2013 MEET 12

1http://www.forrester.com/Mobile+App+Internet+Recasts+The+Software+And+Services+Landscape/fulltext/-/E-RES58179?objectid=RES58179 and http://www.slideshare.net/avinash.raghava/forrester-8840580. Chart Source: http://www.businessinsider.com/mary-meeker-2012-internet-trends-year-end-update-2012-12#-17

Source: Gartner, eMarketer, Strategy Analytics, CAGR is compound annual growth rate. Note: Apple has paid >$6.5N $’s to developers as of 9/12, implying gross app market revenue > $9B in 4 years: Google indicated during CQ3 earnings call that it expects $8.0B mobile ad revenue in 2012E, up from $2.5B in 2011.

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What’s Next? – Close the Mobile Monetization Gap

MEET 13

Avg. Revenue per Daily Active User (ARPDAU) represents MeetMe Platform web and mobile revenue divided by average daily active users (DAUs) for web and mobile. Results presented above include data from prior to the merger of Quepasa with myYearbook on November 10, 2011.

© 2013

A 1 cent increase in mobile ARPDAU drives $2+ million in annualized revenue

Mobile App Revenue– New Subscription Product– Two new freemium products– Mobile users 3-6x more likely to pay

Mobile Ad Revenue– Expect to roll out feed advertising in

Q1’13 and Q2’13– Testing new ad units as mobile ad

market continues to mature

Page 14: Meet winter 2013 investor

What’s Next? – Expedite Global LaunchesAvailable in More than a Dozen Languages in Q1’13

Added Spanish and Portuguese during Q3 ‘12

Added French, Italian and German during Q4 ‘12

7 Additional Languages Expected To Launch in Q1’13

Total: 13 Languages expected by the end of Q1’13

MEET 14

Source: Facebook share of international audience obtained from Facebook’s Q3 2012 earnings presentation. MeetMe share of international audience is based on IP address and represents September 2012 results for MeetMe Platform (MeetMe website and mobile app).

© 2013

Page 15: Meet winter 2013 investor

Total Revenue from Continuing Operations

Q4 2011 results reflect myYearbook as of the merger date of November 10, 2011.

MEET 15© 2013

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MeetMe-Platform Revenue

Revenue charts refer to total Revenue of MeetMe, previously myYearbook. Mobile Revenue refers to mobile advertising and mobile virtual currency revenue on MeetMe’s mobile apps and mobile web site. MeetMe results presented above include data from prior to the merger of Quepasa with myYearbook on November 10, 2011.

MEET 16© 2013

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MEET 17

Virtual Currency and Advertising Revenue refer to revenue generated from the MeetMe-Platform (MeetMe website and mobile app).

© 2013

Mobile Products Launched in March Drive 45% of Q3 Revenue

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MEET 18

Cross-Platform Revenue

Cross-Platform revenue includes SocialTheater on Facebook and other networks, including Quepasa. Cross-Platform includes revenue from prior to the merger of Quepasa with myYearbook on November 10, 2011, and is presented on a combined pro-forma basis.

© 2013

Page 19: Meet winter 2013 investor

Adjusted EBITDA from Continuing Operations

Q4 2011 results reflect myYearbook as of the merger date of November 10, 2011. Adjusted EBITDA is a non-GAAP financial measure.

MEET 19© 2013

Page 20: Meet winter 2013 investor

Cash & Accounts Receivable(September 30, 2012)

MEET 20

Cash $ 5,476,042

Accounts Receivable $ 14,914,123

Total Cash & A/R $ 20,390,165

Source: MeetMe, Inc. Q3 2012 Financial Results.

Accounts Receivable balance comprised of $8.2M from non-affiliated U.S. customers, $6.4M from affiliated international customers, and $0.3M from non-affiliated international customers. In Q3 2012, $1.5M was collected from affiliated international customers.

© 2013

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Valuation Comparison – Social Networking Peers

Source: Yahoo! Finance, December 11, 2012. Note: MeetMe's 2011 Revenues reflect Combined Revenues for 2011, a non-GAAP measure.

© 2013 MEET 21

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AppendixAppendix

MEET 22© 2013

Page 23: Meet winter 2013 investor

MeetMe-Platform DAU

DAU charts refer to total DAU of MeetMe, previously myYearbook. MeetMe results presented above include data from prior to the merger of Quepasa and myYearbook on November 10, 2011.

MEET 23© 2013

Page 24: Meet winter 2013 investor

MeetMe-Platform MAU

MAU charts refer to total MAU of MeetMe, previously myYearbook. MeetMe results presented above include data from prior to the merger of Quepasa and myYearbook on November 10, 2011.

MEET 24© 2013

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MEET 25

MeetMe Unique Visitors U.S. and Global(Excluding Mobile)

Source: comScore.

© 2013

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MEET 26

Traffic Metrics (All Platforms)

Registered Users, Visits, and Page Views refer to total traffic to both MeetMe-Platform (MeetMe website and mobile app) and Quepasa website. Visits and page views excludes iOS application and device metrics.

© 2013

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MEET 27

Mobile Registrations

MeetMe mobile results presented above include data from prior to the merger of Quepasa and myYearbook on November 10, 2011.

© 2013

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MEET 28

MeetMe-Platform Average Revenue Per User (ARPU)

ARPU represents the Average Revenue per User. This is calculated by dividing quarterly MeetMe web and mobile revenue by the average monthly active users (MAUs) for web and mobile. MeetMe results presented above include data from prior to the merger of Quepasa and myYearbook on November 10, 2011.

© 2013

Page 29: Meet winter 2013 investor

MEET 29

MeetMe-Platform Average Revenue Per Daily User (ARPDAU)

ARPDAU represents the Average Revenue per Daily Active User. This is calculated by dividing average daily MeetMe web and mobile revenue by the average daily active users (DAUs) for web and mobile. Results presented above include data from prior to the merger of Quepasa with myYearbook on November 10, 2011.

© 2013


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