GLOBE NEWSWIRE – May 13 – Q1 revenue increased YOY to $170.7M (Bumble $112.6M, Badoo $58.1M). Total Paying Users increased 30% YOY to 2.8M, compared to 2.2M. Adjusted EBITDA was $46.1M, compared to $12.7M last year. The operating Q1 loss is $112.4M, compared to $53M in Q2 2020. Bumble anticipates revenue and adjusted EBITDA for the Q2 and year ending Dec 31, 2021 to be:
- Q2 revenue in the range of $175 to $178M, adjusted EBITDA in the range of $42 to $44M.
- Full year 2021 revenue in the range of $724 to $734M, adjusted EBITDA in the range of $177 to $182M.
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