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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 274M | 1.9% |
| Gross Profit | 274M | 1.9% |
| Operating expense | 786M | 519.9% |
| Net Income | -613M | 2338.4% |
| EBITDA | -820M | 1288.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 2.59B | 26.5% |
| Total Liabilities | 1.22B | 0.3% |
| Total Equity | 853M | 48.4% |
| Shares Outstanding | 120M | 4.9% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 93M | 184% |
| Cash from investing | -19M | 1001.4% |
| Cash from financing | -107M | 1508.3% |
EPS
Financial Highlights for Bumble in Q3 '24
Bumble reported a revenue of 274M, which is a 1.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 274M, marking a 1.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 786M, showing a 519.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -613M, showing a -2338.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -820M, showing a -1288.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Bumble faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
