secwatch.observer — SEC 8-K summary
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Issuer:     Bumble Inc. (BMBL)
CIK:        0001830043
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000950170-23-017832
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bumble Q1 revenue up 16% to $243M, Bumble App users +31%; board authorizes $150M buyback
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- Total revenue $242.9M (+16% YoY); Bumble App revenue $194.3M (+26%), Badoo revenue $48.7M (-13%).
- Bumble App paying users 2.32M (+31% YoY, +98k QoQ); total paying users 3.46M.
- Net loss $2.3M vs prior-year net income $23.7M; Adj. EBITDA $59.3M (24.4% margin) up from $49.8M.
- Board authorized $150M share repurchase program for Class A common stock.
- Reiterated full-year guidance; total ARPPU $22.83 vs $22.63; Bumble App ARPPU $27.93 vs $28.99.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830043/000095017023017832/0000950170-23-017832-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830043/000095017023017832/bmbl-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017832

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer