Bumble Q3 revenue down 1% to $274M; net loss of $849M due to impairment

Bumble Inc.

2024-Q3 EPS reported -$4.53 revenue$809,995,000

Total revenue $273.6M (-0.7% YoY); Bumble App revenue $220.2M (-0.7%).
Net loss $849.3M includes $892.2M non-cash impairment; year-ago net income $23.1M.
Adjusted EBITDA $82.6M (30.2% margin) vs $75.3M (27.3%) a year ago.
Total paying users 4.3M (+0.5M YoY); ARPPU fell to $21.17 from $23.42.
Bumble App paying users 2.9M (+10% YoY); added 52k sequentially.

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