NASDAQ$BMBL

Bumble Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Bumble's revenue increased, driven by growth in both Bumble app and Badoo app, with a rise in paying users and ARPU.

Bumble Inc. reported a 38% increase in total revenue to $186.2 million for the second quarter of 2021. Bumble App revenue grew by 55% to $127.3 million. The company is raising its full year 2021 outlook.

  • Total revenue increased by 38% to $186.2 million.
  • Bumble App revenue grew by 55% to $127.3 million.
  • Badoo App and Other Revenue grew 11% to $58.9 million.
  • Total Paying Users increased 20% to 2.9 million.

Headline financials

Total Revenue

$186M

Previous: $135M+37.8%
EPS (adj)

-$0.06

Previous: -$0.05-23.0%
Bumble App ARPPU

$28.81

Previous: $25.40+13.4%
Badoo App and Other ARPPU

$12.85

Previous: $12.32+4.3%
Total ARPPU

$20.88

Previous: $18.12+15.2%
Free Cash Flow

-$7.08M

No prior period
Net Income

-$7.08M

Previous: -$5.45M-30.0%
Operating Income

-$9.5M

Previous: $4.53M-309.9%
Gross Profit

$135M

Previous: $98.3M+37.8%
Cash & Equivalents

$252M

No prior period
Total Assets

$3.75B

No prior period
Stock-Based Comp

$29.9M

No prior period

Revenue & EPS history

Bumble · Revenue · Quarterly

$186M

Q2 2021+37.8%vs Q2 2020
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Revenue by segment

Bumble · $186M total across 2 segments · Q2 2021

  • Bumble App
    $127M+54.7%
  • Badoo App and Other
    $58.9M+11.6%

Forward guidance

Bumble anticipates total revenue and Adjusted EBITDA for the third quarter ending September 30, 2021 and year ending December 31, 2021.

Tailwinds

  • Total revenue in the range of $195 to $198 million for Q3 2021.
  • Adjusted EBITDA in the range of $48 to $50 million for Q3 2021.
  • Total revenue in the range of $752 to $762 million for full year 2021.
  • Adjusted EBITDA in the range of $195 to $200 million for full year 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+0.0%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+0.2%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+45.7%

Q4 2021

Best reaction

-30.2%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-20.0%-23.3%-34.0%
Q4 2025+33.8%+45.8%+19.7%
Q3 2025-22.0%-26.2%-33.2%
Q1 2025+26.1%+33.3%+21.0%
Q4 2024-30.2%-31.7%-44.1%
Q3 2024+4.0%+18.3%+10.3%
Q2 2024-27.8%-27.4%-14.3%
Q1 2024+11.2%+11.7%+8.9%
Q4 2023-11.7%-10.1%-10.8%
Q3 2023+5.7%+9.0%+8.2%
Q2 2023-7.6%-8.1%-10.9%
Q4 2022+11.4%+4.9%-16.3%
Q3 2022+4.9%+13.7%+6.7%
Q2 2022-10.1%-3.9%-21.6%
Q1 2022+16.3%+34.2%+57.9%
Q4 2021+45.7%+33.3%+64.3%
Q3 2020-0.2%-0.9%-5.9%
Q3 2021-24.2%-24.3%-28.7%
Q2 2021+9.0%+6.1%+24.8%
Q1 2020-3.2%-5.5%+14.1%
Q1 2021-20.1%-19.2%-6.0%
Q4 2020+10.2%+16.1%-4.9%
Q2 2020
Q4 2019

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