Meet me second quarter 2012 financial results powerpoint

Second Quarter 2012 Earnings Call August 8, 2012

2

Cautionary Note Regarding Forward Looking Statements Certain statements in this presentation and responses to various questions includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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: 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 willingness of our users to purchase virtual credits on their mobile devices, and acceptance of our new brand in Latin America and globally. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-Q for the quarter ended March 31, 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, EBITDA and adjusted EBITDA 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/.

© 2012, MeetMe, Inc.

3

July Momentum Following RebrandMeetMe Platform

(July 2012 vs. Q2 average)

Total Mobile

DAU 1,057,768 3% 642,645 6%

MAU 3,402,176 7% 1,782,149 7%

Registrations 996,948 28% 373,740 21%

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

4

Strong Engagement

Source: comScore US, June 2012. Bubbles denote Average Minutes per Visitor per Month for MeetMe Platform (MeetMe website and mobile app) compared to other properties.

5

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.

6

Mobile Registrations

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

7

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.

8

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.

9

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.

10

MeetMe Platform Average Revenue Per Daily Active 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.

11

Total Revenue from Continuing Operations

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

12

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.

13

MeetMe Platform Revenue Composition

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

14

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.

15

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. 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/.

16

Impact of Quepasa Games ShutdownNormalized Operations

QTD YTDJune 30, 2012 June 30, 2012

Games Revenues 432,739$ 840,190$

Operating Costs and Expense:

Games Expenses 496,285 1,032,366

Product and content development 349,601 552,563

Depreciation and amortization 7,087 16,102

Stock-based compensation (74,472) 151,508

Exit and closing costs 479,502 479,502

Loss on impairment of goodwill 2,288,776 2,288,776

Total Operating Costs and Expenses 3,546,779 4,520,817

Loss from Operations (3,114,040) (3,680,627)

Depreciation and amortization 7,087 16,102

Stock-based compensation (74,472) 151,508

Loss on impairment of goodwill 2,288,776 2,288,776

EBITDA from Discontinuing Operations (892,649) (1,224,241)

Exit and closing costs 479,502 479,502

Adjusted EBITDA from Discontinuing Operations (413,147)$ (744,739)$

Investor ContactBrian Harvey

[email protected] x266