Highest-materiality recent filing
Bumble Q1 revenue down 14% to $212M; net earnings +165% to $53M
Total revenue $212.4M (-14.1% YoY); Bumble App revenue $172.7M (-14.4%).
Bumble closes $475M term loan and $50M revolver, repays existing debt
New Term Loan Credit Agreement provides $475M senior secured term loan due April 24, 2030.
Bumble Q4 revenue down 14.3% YoY to $224.2M; paying users fall 20.5% to 3.3M
Q4 revenue $224.2M, down 14.3% YoY; full-year revenue $965.7M, down 9.9%.
Bumble reports Q3 revenue down 10% to $246M and enters $186M TRA buyout
TRA buyout: $186M settlement to terminate tax receivable agreement with Blackstone and Whitney Wolfe Herd; funded from cash on hand.
Bumble Q2 revenue down 8% to $248M, net loss $367M; appoints new CFO Kevin Cook
Total revenue $248.2M (-7.6% YoY); Bumble App revenue $201.4M (-7.6%).
Bumble cuts ~240 roles (30% of staff); updates Q2 outlook
Workforce reduction of ~240 roles (~30% of employees); expects $13-18M in severance/benefit charges.
Ann Mather, Martin Brand, Jonathan Korngold, Pamela Thomas-Graham elected as Class I directors with 791M-799M for votes each.
Bumble Q1 revenue drops 8% to $247M; net earnings fall to $19.8M from $33.9M
Total revenue down 7.7% to $247.1M from $267.8M; net earnings $19.8M vs $33.9M YoY.
Bumble discloses CEO Whitney Wolfe Herd's compensation; receives $9M RSU grant
Whitney Wolfe Herd becomes CEO on March 17, 2025, transitioning from Executive Chair.
Bumble appoints Ronald Fior as Interim CFO effective March 15, 2025
Ronald Fior, partner at FLG Partners, appointed Interim CFO effective March 15, 2025.
Bumble Q4 revenue down 4.4% to $261.6M; paying users up 5% to 4.2M
Q4 revenue $261.6M (-4.4% YoY); Bumble App revenue $212.4M (-3.8% YoY).
Bumble founder Whitney Wolfe Herd returns as CEO; Q4 revenue expected above guidance midpoint
Founder Whitney Wolfe Herd to become CEO effective March 17, 2025, succeeding Lidiane Jones who resigned for personal reasons.
Bumble extends revolving credit facility maturity to June 17, 2026
Amendment dated December 17, 2024; extends maturity of the revolving credit facility to June 17, 2026.
Bumble CFO Anu Subramanian resigns effective March 2025; CMO Selby Drummond departing Jan 2025
CFO Anu Subramanian resigns to pursue other opportunities, effective March 14, 2025; search for successor underway.
Bumble Q3 revenue down 1% to $274M; net loss of $849M due to impairment
Total revenue $273.6M (-0.7% YoY); Bumble App revenue $220.2M (-0.7%).
Bumble Q2 revenue $268.6M (+3.4%); Bumble App paying users 2.8M (+15%)
Net earnings $37.7M (14.0% of revenue) vs $9.3M a year ago; adjusted EBITDA $75.0M (27.9% of revenue).
Bumble board: Jennifer Morgan resigns, Martin Brand appointed by Blackstone
Jennifer Morgan resigned from Bumble board effective July 30, 2024; no disagreement cited.
Bumble acquires Geneva Technologies for ~$17M in cash
Acquisition of pre-revenue social networking platform Geneva closed July 1, 2024.
Bumble stockholders elect directors and approve auditor and executive compensation at annual meeting
Whitney Wolfe Herd, Lidiane S. Jones, and Elisa A. Steele elected as Class III directors for three-year terms.
Bumble Q1 revenue up 10% to $268M, net earnings $33.9M, increases buyback to $450M
Total revenue $267.8M (+10.2% YoY); Bumble App revenue $215.8M (+11.1%).
Bumble repurchases $50M in shares and units from Blackstone at $11.0968 each
Repurchased 2,509,316 Class A shares from Blackstone entities for ~$27.8M at $11.0968/share.
Bumble FY2023 rev $1.05B (+16%), net loss narrows; cuts 350 roles, $20-25M charge
Q4 rev $273.6M (+13.2%), net loss $32M improved from $159.2M loss; adj EBITDA $73.7M (26.9% margin).
notified the Company of her decision to resign to pursue other opportunities, effective as of March 14, 2025.
On February 28, 2025, the Company announced that the Board of Directors has appointed Ronald J. Fior as the Company’s Interim Chief Financial Officer, as well as the Company’s principal financial officer and principal accounting officer for purposes of the Securities Exchange Act of 1934, as amended, in each case, effective March 15, 2025
In connection with the appointment of Ms. Wolfe Herd, the Company’s Founder and Executive Chair of the Board, to the role of the Company’s Chief Executive Officer, effective as of March 17, 2025
On November 25, 2024, Anuradha B. Subramanian, Chief Financial Officer of Bumble Inc. (the “Company”), notified the Company of her decision to resign to pursue other opportunities, effective as of March 14, 2025 (the “Effective Date”).
On August 1, 2024, the Board appointed Martin Brand to the Board, effective as of August 1, 2024.
On July 30, 2024, Jennifer B. Morgan notified the Board of Directors (the “Board”) of Bumble Inc. (the “Company” or “Bumble”) of her decision to resign from the Board, effective as of July 30, 2024.
Max materiality 0.85 · Median 0.70 · Most common event earnings