earnings
confidence high
sentiment positive
materiality 0.80
Bumble Q2 revenue up 38% to $186.2M; Bumble App revenue +55%; raises FY2021 outlook
Bumble Inc.
2021-Q2 EPS reported
$1.62
revenue$356,930,000
- Total revenue $186.2M (+38% YoY); Bumble App revenue $127.3M (+55%), Badoo App/Other $58.9M (+11%).
- Total paying users 2.9M (+20% YoY); ARPPU $20.88 vs $18.12, driven by Bumble App ARPPU of $28.81.
- Net loss $11.1M (net loss margin -6.0%); Adjusted EBITDA $51.9M (27.9% margin), up from $32.5M (24.1%).
- Raising full-year 2021 revenue and Adjusted EBITDA guidance due to strong momentum.
- Cash and equivalents $252.0M; total debt $624.2M at June 30, 2021.