NASDAQ$BMBL

Bumble Inc. · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Bumble Inc.'s Q3 2022 results reflected growth in revenue and paying users, with a net earnings of $26 million.

Bumble Inc. reported a 17% increase in total revenue, reaching $233 million, with Bumble app revenue growing by 28% to $181 million. The company's paying users increased by 36% to 3.3 million, and it achieved net earnings of $26 million and an adjusted EBITDA of $62 million.

  • Total revenue increased by 16.8% to $232.6 million.
  • Bumble App revenue grew by 27.9% to $180.6 million.
  • Total paying users increased to 3.3 million.
  • Net earnings was $26.4 million, compared to a net loss of $10.4 million in the same quarter last year.

Headline financials

Total Revenue

$233M

Previous: $201M+16.0%
EPS (adj)

$0.14

Previous: -$0.06+333.3%
Bumble App Paying Users

2.1M

Previous: 1.5M+36.2%
Badoo App and Other Paying Users

1.2M

Previous: 1.3M-9.8%
Total Paying Users

3.3M

Previous: 2.9M+14.8%
Bumble App ARPPU

$28.84

Previous: $30.71-6.1%
Badoo App and Other ARPPU

$12.75

Previous: $13.73-7.1%
Total ARPPU

$22.96

Previous: $22.81+0.7%
Free Cash Flow

$18.1M

Previous: -$6.89M+362.4%
Net Income

$18.1M

Previous: -$6.89M+362.4%
Operating Income

$28.3M

Previous: -$8.2M+445.6%
Gross Profit

$168M

Previous: $144M+16.8%
Cash & Equivalents

$365M

Previous: $292M+25.2%
Total Assets

$3.79B

Previous: $3.75B+1.2%
Stock-Based Comp

$37.2M

Previous: $23.8M+56.4%

Revenue & EPS history

Bumble · Revenue · Quarterly

$233M

Q3 2022+16%vs Q3 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Bumble · $233M total across 2 segments · Q3 2022

  • Bumble App
    $181M+27.9%
  • Badoo App and Other
    $52M-10.2%

Forward guidance

The company anticipates total revenue and adjusted EBITDA for the fourth quarter ending December 31, 2022 to be: •Total Revenue in the range of $232 million to $237 million •Bumble App Revenue of $184 million to $187 million. •Adjusted EBITDA in the range of $57 million to $59 million.

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 Q3 2022

Historical avgQ3 2022

+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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