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Dec 31, 2021
Bumble Q4 2021 Earnings Report
Bumble Inc. reported strong Q4 2021 results, marked by revenue growth and strategic execution.
Key Takeaways
Bumble Inc. announced its Q4 and Full Year 2021 results, revealing a 25.7% increase in revenue to $208.2 million for the quarter and a total revenue of $765.7 million for the year. The Bumble app saw a 42.2% revenue increase, reaching $150.5 million, while total paying users increased by 10.6% to 3.0 million. The company also reported a net loss of $14.7 million and an adjusted EBITDA of $54.8 million.
Total revenue increased by 25.7% to $208.2 million.
Bumble App revenue grew by 42.2% to $150.5 million.
Total paying users increased by 10.6% to 3.0 million.
Net loss decreased to $14.7 million from $26.1 million year-over-year.
Revenue by Segment
Forward Guidance
Bumble anticipates total revenue in the range of $207 to $210 million and adjusted EBITDA in the range of $47 to $49 million for the quarter ending March 31, 2022. For the full year 2022, Bumble anticipates total revenue in the range of $934 to $944 million and adjusted EBITDA margin in the range of 26.5% to 27%.
Positive Outlook
- Bumble App revenue of $152 to $153 million.
- Bumble App year over year revenue growth of 34% to 36%.
Challenges Ahead
- A loss of approximately $2 million of revenue from Russia, Ukraine, and Belarus, due to the conflict and the company's subsequent decision to remove all of its apps from the Apple App Store and Google Play Store in Russia and Belarus. This will predominantly impact Badoo App and Other revenue.
- An unfavorable impact of approximately $5 million from foreign currency movements.
- A loss of approximately $20 million in revenue from Russia, Ukraine, and Belarus, due to the conflict and the company's subsequent decision to remove all of its apps from the Apple App Store and Google Play Store in Russia and Belarus. This will predominantly impact Badoo App and Other revenue.
- An unfavorable impact of approximately $20 million from foreign currency movements.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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