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Dec 31, 2020
Bumble Q4 2020 Earnings Report
Bumble Inc. reported an increase in revenue and paying users due to team dedication and agility during the pandemic
Key Takeaways
Bumble Inc. reported a strong fourth quarter with a 31% increase in revenue to $165.6 million and a 32% increase in total paying users to 2.7 million. The Bumble app saw a 47% revenue increase, while Badoo app and other revenue increased by 10%. However, the company experienced a net loss of $26.1 million compared to a net income of $17.2 million in the same quarter of the previous year.
Revenue increased by 31% to $165.6 million.
Bumble app revenue increased by 47% to $105.8 million.
Total paying users increased by 32% to 2.7 million.
Net loss was $(26.1) million.
Revenue by Segment
Forward Guidance
Bumble anticipates Revenue and Adjusted EBITDA for the quarter ending March 31, 2021 and year ending December 31, 2021 to be:
Positive Outlook
- First quarter 2021 Revenue in the range of $163 to $165 million
- First quarter 2021 Adjusted EBITDA in the range of $41 to $42 million.
- Full year 2021 Revenue in the range of $716 to $726 million
- Full year 2021 Adjusted EBITDA in the range of $173 to $178 million.
Challenges Ahead
- Actual results may differ materially from Bumble’s Financial Outlook as a result of, among other things, the factors described under “Forward-Looking Statements” below.
- The non-GAAP adjustment for stock-based compensation expense requires additional inputs such as number of shares granted and market price that are not currently ascertainable
- The non-GAAP adjustment for certain legal, tax and regulatory reserves and expenses depends on the timing and magnitude of these expenses and cannot be accurately forecasted.
- The Company is unable to address the probable significance of the unavailable information
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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