BUMBLE – Mar 11 – Full year 2020 revenue increased to $582.2M from $488.9M in 2019, with $110M net loss. Q4 revenue increased 31% to $165.6M (Bumble – $105.8M, Badoo and other $59.8M). Total paying users increased 32% to 2.7M. 2020 Net loss was $110.2M. Bumble anticipates Revenue and Adjusted EBITDA for the Q1 2021 and year 2021 to be: Q1 2021 revenue – $163 to $165M, Q1 2021 Adjusted EBITDA – $41 to $42M. Full year 2021 revenue – $716 to $726M, Adjusted EBITDA – $173 to $178M.
