Bumble Inc (OQ:BMBL)
Business Focus: Social Media & Networking
| Sector: Technology | Industry: Internet Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1105 West 41st Street AUSTIN TX 78756 |
| Tel: | N/A |
| Website: | https://bumble.com |
| IR: | See website |
| Key People | ||
| Whitney Wolfe Herd Executive Chairman of the Board | Lidiane Jones Chief Executive Officer, Director | Anuradha B. Subramanian Chief Financial Officer |
| Business Overview |
| Bumble Inc. is providing online dating and social networking applications through subscription and in-app purchases of products servicing North America, Europe and various other countries around the world. The Company provides these services through websites and applications that it owns and operates. It operates five apps: Bumble app, Bumble For Friends app, Badoo app, Fruitz app and Official app. On Bumble app, users can input information about themselves and set up a profile, which can be customized in many ways, such as by adding a Badge to prominently display certain values or characteristics. On Badoo app, users profiles can be customized in many ways, such as by using the Moods feature to share what's on their minds. In addition to dating, in Bumble app it also provides products that enable social connection, offering users the opportunity to develop platonic connections through the BFF mode for friendships and through the Bizz mode for professional networking and mentorship. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Bumble Inc revenues increased 16% to $1.05B. Net loss applicable to common stockholders decreased 95% to $4.2M. Revenues reflect Bumble App segment increase of 22% to $844.8M, Rest of the world segment increase of 27% to $454.3M, North America segment increase of 9% to $597.5M. Lower net loss reflects Depreciation and amortization expense decrease of 24% to $68M (expense). |
| Employees: | 1,200 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,931M as of Dec 31, 2023 |
| Annual revenue (TTM): | $1,052M as of Dec 31, 2023 |
| EBITDA (TTM): | $148.34M as of Dec 31, 2023 |
| Net annual income (TTM): | -$4.21M as of Dec 31, 2023 |
| Free cash flow (TTM): | $167.15M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $265.28M as of Dec 31, 2023 |
| Shares outstanding: | 159,594,212 as of Apr 8, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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