ABCDEFGHIJKLMNOPQRTUVWXYZAAABACADAKALASATBABBBIBJBQBRBSBTBUBVBWBXBYBZCACBCCCDCECFCGCHCICJCKCLCMCNCOCPCQCRCSCTCUCVCWCXCYCZDADB
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The estimates are still mostly guestimates !
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See also: Notion
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See also: Match Group (Sheet)201520162017201820192020Y/Y2021Y/YQ1 20222022Y/YQ1 2023Q2 2023Q3 2023Q4 20232023Q1 2024Y/YQ2 2024Y/YQ3 2024Y/YQ4 20242024Y/YQ1 2025Y/YQ2 2025Y/YQ3 2025Y/YQ4 2025Y/Y2025Y/YQ1 2026Y/Y
Q2 2026 Base
Y/Y
Q2 2026 L Guide
Y/Y
Q2 2026 U Guide
Y/YQ3 2026 BaseY/YQ4 2026 BaseY/Y2026 BaseY/Y2026 BestY/Y
2026 Worst
Y/Y
2027 Base
Y/Y2027 BestY/Y
2027 Worst
Y/Y
2028 Base
Y/Y
2028 Best
Y/Y2028 WorstY/Y
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Bumble App Revenue694,329844,774215,757217,984220,188212,360866,2892.55%201,822-6.46%201,400-7.61%198,799-9.71%181,000-14.77%783,021-9.61%172,702-14.43%170,170-15.51%173,185-12.88%168,720-6.78%684,777-12.55%695,655-11.16%644,637-17.67%660,498-3.55%699,3360.53%601,867-6.63%659,623-0.13%723,8573.51%563,366-6.40%
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Bumble App Revenue from paying users694,363844,940215,725217,967220,190212,360866,4452.55%201,830-6.44%201,359-7.62%198,803-9.71%181,000782,992-9.63%172,702-14.43%170,170-15.49%168,000-16.57%174,000-13.59%173,185-12.89%168,720-6.78%684,777-12.54%695,655-11.15%644,637-17.67%660,498-3.55%699,3360.53%601,867-6.63%659,623-0.13%723,8573.51%563,366-6.40%
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Bumble App Paying Users574.10855.601,142.101,499.802,002.202,318.802,457.802,604.902,687.902,517.402,730.002,817.202,869.302,807.302,807.3011.52%2,708.40-0.79%2,499.80-11.27%2,344.10-18.30%2,185-22.16%2,434.38-13.28%2,082-23.13%2,012-19.51%1,986-20.54%2,097-16.10%2,002-14.59%1,997-8.61%2,023-16.89%2,084-14.38%1,984-18.49%1,913-4.92%2,034-2.40%1,834-7.56%1,873-2.09%2,0440.49%1,734-5.45%
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Difference in payer numbers Q/Q in absolute Terms70.3871.6389.43125.60139.00147.1083.00128.8042.1087.2052.10-62.00-98.90-208.60-155.70-159-372.93-1034.35%-70-9615-10-5-411-350-450-110-50-150-4010-100
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Change in payer number in % Q/Q8.23%6.27%5.96%6.27%5.99%5.99%3.19%1.57%3.19%1.85%-2.16%-3.52%-7.70%-6.23%-6.78%-4.72%34.05%-3.31%-4.59%0.73%-0.50%-0.25%
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Subscriber Percentage of total payers70%80%89%93.41%
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Subscribers 1,8962,0001,9451,945
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Tinder Paying Number5,9006,70010,60010,08010,0009,4919,6969,1078,769-7.61%8,632-5.22%
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Hinge Payers 9801,2421,4241,4841,6021,6191,53223.35%1,69719.17%1,74717.72%1,87316.92%1,88616.49%1,95715.32%
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Bumble App ARPU28.927.9726.3425.7925.5825.2225.72-8.04%24.84-5.69%26.854.11%28.2710.52%27.619.50%26.804.21%27.6511.31%28.195.00%28.195.00%27.663.00%28.842.00%28.162.00%28.205.23%283.00%271.00%292.00%293.00%271.00%292.00%303.00%27-1.00%
15
Bumble App revenue adjustment-34-1663217-20-156-6.06%-8-124.59%41138.51%-4.1297.89%0.0029-118.60%-100.00%0000-100.00%0-100.00%0-100.00%00.00%00.00%00.00%00.00%00.00%00.00%
16
Badoo App and Other Revenue209,174207,05652,01850,63153,41749,288205,354-0.82%45,279-12.96%46,800-7.57%47,364-11.33%43,200-12.35%182,643-11.06%39,685-12.35%40,21041,46640,178161,539-11.55%165,021-9.65%141,874-22.32%144,816-10.35%155,828-5.57%116,721-17.73%135,031-6.76%155,9730.09%103,354-11.45%
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Badoo App and Other Revenue from paying users184,883183,38347,95447,29350,02849,288190,8324.06%42,011-12.39%44,339-6.25%43,976-12.10%40,221-18.39%170,547-10.63%36,628-12.81%37,87138,24837,348150,095-11.99%157,159-7.85%134,012-21.42%133,945-10.76%147,808-5.95%109,488-18.30%124,703-6.90%147,793-0.01%96,700-11.68%
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Badoo App and Other Paying Users1,363.401,394.101,179.701,203.301,294.301,321.401,386.201,366.201,342.0011.53%1,306.300.93%1,277-3.33%1,230.80-11.21%1,136-16.84%1,237.68-7.77%1,084-16.99%1,059-17.07%1,039-15.56%1,024-9.85%1,052-15.02%1,176-5.00%1,046-15.00%968-8.00%1,117-5.00%899-14.00%919-5.00%1,106-1.00%827-8.00%
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Difference in payer numbers Q/Q in absolute Terms
-53.605.9027.1064.80-20.00-59.90-29-46.60-95-52-13.36%-25-20-15
20
Change in payer number in % Q/Q0.50%2.09%4.90%-1.44%-4.38%-2.21%-3.65%-7.69%-4.57%4.18%
21
Badoo App and Other ARPU13.0612.712.3511.9312.0312.0311.85-6.69%10.72-13.20%11.57-3.02%11.91-1.00%11.80-1.88%11.48-3.10%11.265.04%11.923.00%12.273.00%12.153.00%11.893.56%11-3.00%11-7.00%12-3.00%11-1.00%10-5.00%11-2.00%111.00%10-4.00%
22
Badoo App and Other revenu adjustment24,29123,6734,0643,3383,3893,73014,522-38.66%3,268-19.58%2,461-26.26%3,387.52-0.05%2,979-20.15%12,096-16.70%3,057-6.46%2,338-5.00%3,218-5.00%2,830-5.00%11,443-5.39%7,862-35.00%7,862-35.00%10,871-5.00%8,0202.00%7,233-8.00%10,328-5.00%8,1802.00%6,655-8.00%
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Total paying users3,1823,7214,0244,1394,2564,1744,14911.52%4,015-0.24%3,777-8.73%3,575-15.99%3,321-20.42%3,321-19.95%3,166-21.13%3,0713,0413,0213,075-7.42%3,260-1.84%3,030-8.77%2,881-6.31%3,151-3.34%2,734-9.78%2,793-3.07%3,150-0.04%2,562-6.29%
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Subscriber Percentage of total payers70%80%89%89%
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Subscribers 2,8103,0222,9562,818
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Total average ARPU23.0323.0321.8421.3721.1720.9021.23-7.80%20.25-7.30%21.691.50%22.646.61%22.206.24%23.9212.67%22.048.85%22.5823.1722.7422.62-5.43%21.80-8.88%21.41-10.49%22.981.57%22.402.76%21.681.26%231.85%232.93%21-0.98%
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Total revenue488,940582,18219.07%765,66031.52%903,50318.00%242,948259,735275,510273,6371,051,830267,775268,615273,605261,6481,071,6431.88%247,101-7.72%248,229-7.59%246,163-10.03%224,165-14.33%965,658-9.89%212,383-14.05%210,380-15.25%205,000-17.41%213,000-14.19%214,652-12.80%208,897-6.81%846,316-12.36%860,676-10.87%786,511-18.55%805,314-4.84%855,164-0.64%718,588-8.64%794,653-1.32%879,8302.88%666,721-7.22%
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Change in revenue Q/Q -14,5471,128-2,066-21,998-11,782-19.01%
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Analysts' estimate for total revenue221,450962,943-10.14%#DIV/0!210,520-15.19%215,140-12.60%208,280-7.09%846,323-12.36%833,350-1.53%856,4402.77%
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thereof United States257,716322,892442,146509,937143,567556,139133,393#DIV/0!131,670#DIV/0!128,968-10.17%122,901516,932-7.05%115,191-13.65%109,891-16.54%106,223-17.64%94,458-23.14%425,763-17.64%89,195-22.57%88,149-19.78%89,724-15.53%87,110-7.78%354,179-16.81%
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USA revenue as % of total revenue52.87%49.82%49.02%47.14%46.97%48.24%46.62%44.27%43.15%42.14%44.09%42.00%41.90%41.80%41.70%41.85%
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USA revenue Q/Q in absolute numbers-7,710-5,300-3,668-11,765-5,263
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Change in USA revenue in % Q/Q-6.27%-4.60%-3.34%-11.08%-5.57%
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thereof Rest of World231,224259,290323,514393,566131,943495,691134,382#DIV/0!136,945#DIV/0!144,6379.62%138,747554,71111.91%131,910-1.84%138,3381.02%139,940-3.25%129,707-6.52%539,895-2.67%123,188-6.61%122,231-11.64%124,927-10.73%121,787-6.11%492,137-8.85%
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Cost of revenue139,767146,629249,49070,58076,73780,04980,469307,83581,28980,04179,55277,953318,8353.57%73,353-9.76%74,338-7.13%69,219-12.99%64,605-17.12%281,515-11.71%54,824-25.26%58,170-21.75%56,711-18.07%57,489-11.02%227,194-19.30%225,497-19.90%212,358-24.57%212,120-6.63%223,198-1.02%190,426-10.33%208,517-1.70%228,7562.49%176,014-7.57%
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Cost of revenue in %28.59%25.19%27.61%29.27%30.36%29.80%29.08%29.79%29.75%29.69%29.95%28.12%28.82%-3.27%29.15%25.81%-13.04%27.65%26.42%27.52%-4.51%26.85%-7.92%26.20%-10.13%27.00%-7.38%26.34%26.10%26.50%26.24%26.00%26.40%
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Gross profit349,173435,553654,013743,995186,486188,574194,053183,695752,808173,748173,891176,944159,560-13.14%684,143-9.12%157,559-9.32%152,210-12.47%157,941151,409619,122-9.50%635,179-7.16%574,153593,194631,966528,163586,136651,074490,706
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Gross profit margin70.73%69.64%70.20%70.92%70.21%70.25%70.31%70.05%71.88%71.18%70.85%74.19%5.51%72.35%73.58%72.48%73.15%73.80%73.00%73.66%73.90%73.50%73.76%74.00%73.60%
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Selling and marketing expense93,600142,900163,70014.56%211,70029.32%249,26917.75%63,59065,32968,84872,613270,38063,6170.04%67,5623.42%63,549-7.70%66,444261,172-3.41%59,734-6.10%32,092-52.50%32,760-48.45%40,864-38.50%165,450-36.65%26,960-54.87%30,960-4%38,96019%46,96015%143,840-13%147,251-11%158,832-4%153,9097%154,6135%174,71510%160,0654.00%159,2513.00%186,9457.00%
Management expects marketing expenses to be higher in second half compared to Q2
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Selling and marketing expenses Q/Q change1,7393,5193,765-8,9963,945-4,0132,895-6,710-27,6426688,104-13,904107.21%4,0008,0008,000
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General and administrative expense67,079178,615166.28%23,853163,46749,83143,29848,57779,943221,64920,856-58.15%36,329-16.10%33,251-31.55%38,085128,521#REF!21,6443.78%36,146-0.50%46,27039.15%34,015-10.69%138,0757.43%30,76242.13%30,724-15%32,389-30%33,335-2%127,210-8%124,268-10%135,314-2%132,2984%127,9963%142,0795%136,2673.00%130,5552.00%147,7624.00%
Management expects to save $40 million annual from the 13% workforce reduction
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Product development expense39,20546,99419.87%109,02033,15236,23330,90930,271130,56536,01715,705-56.66%24,880-19.51%24,123100,725-22.85%34,504-4.20%32,510107.00%29,61419.03%24,8853.16%121,51320.64%30,171-12.56%33,4853%32,57510%27,37410%123,6052%123,9432%130,0197%127,3133%126,4222%139,1207%129,8602.00%130,2153.00%146,0765.00%
Investments are currently focus on products mainly AI-related
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Depreciation and amortization expense1296,734223.50-96.68%265,73889,71316,73116,96717,12717,20368,02817,2062.84%17,0240.34%18,3126.92%18,07470,6163.80%9,585-44.29%6,631-61.05%4,642-74.65%4,998-72.35%25,856-63.39%4,412-53.97%4,642-30%4,8745%5,2485%19,176-26%18,099-30%23,270-10%19,7513%18,4612%24,2014%20,3443.00%18,8302.00%25,1694.00%
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Operating costs excluding impairment860,959998,457218,985#DIV/0!216,661#DIV/0!219,544#DIV/0!224,679879,869198,820181,717182,505169,367-24.62%732,409-16.76%147,129-26.00%157,981165,509170,4051%643,578-12%639,058-12.75%659,793-9.91%645,3910.28%650,6901.82%670,542655,0521.50%667,6082.60%681,9671.70%
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Impairment loss 145,3880000892,2480892,2483,631404,8552378.14%0-100.00%630,541#DIV/0!1,039,02716.45%0-100.00%00-100%0-100%0-100%000000
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Total operating costs and expenses1,006,347998,457218,985216,6611,111,792224,6791,772,11777.49%202,451-7.55%586,572170.73%182,505-83.58%799,908256.02%1,771,436-0.04%147,129-27.33%157,981-73.07%165,509-9.31%170,405-78.70%643,578-63.67%639,058-63.92%659,793-62.75%645,3910.28%650,6901.82%670,5421.63%655,0521.50%667,6082.60%681,9671.70%
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Operating earnings (loss)-102,84453,37348,79051,954-838,18736,969-700,474-1412.41%44,650-8.49%-338,343-751.24%63,658-107.59%-575,743-1657.37%-805,77815.03%65,25446.15%52,399-115.49%49,142-22.80%38,493-106.69%198,510-124.64%221,618-127.50%126,718-115.73%159,923-19.44%204,474-7.74%48,047-62.08%139,601-12.71%212,2223.79%-15,247-131.73%
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Operating earnings (loss) excluding impairments42,54451,95436,969191,77448,28166,51263,658-100.00%233,24921.63%-100.00%52,399-21.22%49,142-22.80%38,493#DIV/0!198,510-14.89%221,618-4.99%126,718-45.67%159,923-19.44%204,474-7.74%48,047-62.08%139,601-12.71%212,2223.79%-15,247-131.73%
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Adjusted EBITDA74,03975,00882,55072,505304,10264,40094,58626.10%83,0730.63%71,578-1.28%313,6373.14%82,60028.26%66,611-29.58%65,000-31.28%70,000-25.99%68,758-17.23%55,945-21.84%261,687-16.56%302,491-7.57%143,614-54.21%235,948-9.84%283,924-6.14%119,791-16.59%218,705-7.31%293,0993.23%60,068-49.86%
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Adjusted EBITDA margin27.65%27.92%30.17%27.71%28.38%26.06%38.10%33.75%31.93%15.23%32.48%14.46%38.89%49.23%31.66%32.03%26.78%30.92%-4.80%35.15%8.21%18.26%-43.78%29.30%33.20%16.67%27.52%33.31%9.01%
54
Interest expense, net-24,063-21,534-8,918-9,082-9,809-12,136-39,94585.50%-12,04935.11%-10,25912.96%-10,6418.48%-9,499-21.73%-42,4486.27%-7,959-33.94%-6,668-35%-6,917-35%-6,174-35%-27,718-35%-21,224-50%-38,203-10%-29,3816%-22,0734%-40,8777%-30,2633.00%-22,5142.00%-42,9215.00%
55
Other income (expense), net (Notion)16,189-26,5371,475-5582,898-8,642-4,827-81.81%-6,762-558.44%-11,9122034.77%8,128180.47%-2,204-74.50%-12,750164.14%6,741-199.69%-2,978-75%2,113-74%-573-74%5,303-142%12,750-200%-6,375-50%4,773-10%10,838-15%-5,865-8%4,534-5.00%9,971-8.00%-5,630-4.00%
59
Income (loss) before income tax-110,7185,30241,34742,314-845,09816,191-745,246-14155.94%25,839-37.51%-360,514-952.00%61,145-107.24%-587,446-3728.23%-860,97615.53%64,036147.83%42,752-111.86%44,339-27.49%31,745-105.40%182,872-121.24%213,144-124.76%82,140-109.54%135,315-26.01%193,239-9.34%1,304-98.41%113,872-15.85%199,6793.33%-63,798-4991.42%
60
Income (loss) before income tax excluding impairments
34,670-48,071-7,44342,314-6,91116,191147,00229,47044,34161,145-100.00%178,05121.12%-100.00%42,752-3.58%44,339-27.49%31,745#DIV/0!118,836-33.26%213,14419.71%82,140-53.87%135,315193,2391,304113,872199,679-63,798
61
Income tax provision-3,406-7,170-7,474-4,628-4,161-6,865-23,128222.57%-6,008-19.61%-6,46939.78%-9,500128.31%-23,695245.16%-45,67297.47%-11,41489.98%-6,413-0.87%-6,651-29.99%-4,762-79.90%-29,239-35.98%-34,103-25.33%-13,142-71.22%-21,650-25.96%-30,918-9.34%-209-98.41%-18,220-15.85%-31,9493.33%10,208-4991.42%
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Tax rate3.08%-135.23%-18.08%-10.94%0.49%-42.40%3.10%-23.25%1.79%-15.54%-3255.53%4.03%-109.51%5.30%70.93%-15.00%-35.49%-15%-15%-15%-16%-4-16%-16%-16%-16%-16%-16.00%0.00%-16.00%0.00%-16.00%0.00%
63
Net loss/income-114,124-1,86833,87337,686-849,2599,326-768,37441033.51%19,831-41.45%-366,983-1073.79%51,645-106.08%-611,141-6653.09%-906,64818.00%52,622165.35%36,339-109.90%37,688-27.02%26,984-104.42%153,633-116.95%179,041-119.75%68,998-107.61%113,664-26.02%162,321-9.34%1,096-98.41%95,653-15.85%167,7303.33%-53,591-4991.42%
64
Net loss/income excluding impairments123,87423,46237,87251,645#DIV/0!132,3796.87%-100.00%36,339-4.05%37,688-27.02%26,984#DIV/0!101,011-23.70%179,04135.25%68,998-47.88%113,664162,3211,09695,653167,730-53,591
65
Net earnings (loss) attributable to noncontrolling interests
-34,3782,3459,25610,291-236,0605,147-211,366-9113.48%6,387-31.00%-113,239-1200.37%14,307-106.06%-111,729#REF!-204,274-3.36%7,41116.03%5,118-104.52%5,308-62.90%3,800-103.40%21,637-110.59%25,215-112.34%9,717-104.76%16,008-26.02%22,860-9.34%154-98.41%13,471-15.85%23,6223.33%-7,547-4991.42%
66
Net earnings (loss) attributable to noncontrolling interests as % of net loss/income
30.12%-125.54%27.33%27.31%27.80%55.19%27.51%32.21%30.86%27.70%-0.34%18.28%-66.87%22.53%14.08%-56.27%14.08%14.08%14.08%14.08%-37.49%14.08%-37.49%14.08%-37.49%14.08%0.00%14.08%0.00%14.08%0.00%14.08%0.00%14.08%0.00%14.08%0.00%
67
Net earnings (loss) attributable to noncontrolling interests as % of net loss/income excluding impairments
3407675561168614307#DIV/0!33550-1.54%-100.00%5,118-56.21%5,308-62.90%3,800#DIV/0!14,226-57.60%25,215-24.84%9,717-71.04%16,00822,86015413,47123,622-7,547
68
Net income (loss) attributable to Bumble Inc. shareholders
-79,746-4,21324,61727,395-613,1994,179-557,00813121.17%13,444-45.39%-253,744-1026.24%37,338-106.09%-499,412-12050.51%-702,37426.10%45,211236.29%31,222-112.30%32,380-13.28%23,183-104.64%119,570-117.02%153,826-121.90%59,280-108.44%97,656-18.33%139,460-9.34%941-98.41%82,181-15.85%144,1083.33%-46,043-4991.42%
69
Net income (loss) attributable to Bumble Inc. shareholders excluding impairment
89,79815,90626,18637,338#DIV/0!98,82910.06%-100.00%31,22219.23%32,380-13.28%23,183#DIV/0!86,785-12.19%153,82655.65%59,280-40.02%97,656139,46094182,181144,108-46,043
70
Diluted EPS-0.62-0.030.190.22-5.110.09-4.6114665.37%0.13-33.15%-2.45-1230.03%0.33-106.46%-4.06-4723.16%-6.0330.80%0.34165.97%0.24-109.82%0.25-24.30%0.18-104.41%1.01-116.74%1.19-119.68%0.46-107.58%0.75-25.37%1.08-9.34%0.01-98.41%0.63-15.85%1.113.33%-0.36-4991.42%
71
Analysts' estimate for diluted EPS#DIV/0!0.240.240.201.02#DIV/0!0.980.90
72
Diluted shares outstanding129,421134,937128,734126,247120,092120,825-10.46%105,168-18.31%103,480-18.03%113,145-5.78%129,613129,6137.27%129,61323.24%129,61325.25%129,61314.55%129,6130.00%129,6130.00%129,6130.00%129,6130.00%129,6130.00%129,6130.00%129,6130.00%129,6130.00%129,6130.00%129,6130.00%
73
Diluted EPS (excluding impairments)0.740.150.250.330.762.59%-100.00%0.24-4.81%0.25-24.30%0.18#DIV/0!0.67-0.121.190.460.751.080.010.631.11-0.36
74
Total shares outstanding (including Units) 166,323106,196155,131149,660156,499150,527
75
76
Employees:
77
540
78
Average Salary
79
250,000
80
81
135,000,000
82
83
2025 employee reduction (240) cost savings:
84
40,000,000
85
Potential salaries+stock-based compensation
86
90,000,000
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107