Bumble Inc. ($BMBL) Earnings (Q4 FY21)

 Bumble Inc. ($BMBL) Earnings and Opinion:


Bumble Inc. ($BMBL) is a company in the Technology sector and operates in the Software-Application industry. They provide online dating and social networking platforms in North America, Europe, and Internationally. Bumble Inc. was founded in 2014 and is currently headquartered in Austin, Texas. The company is fairly new to the stock market, as it started trading in early 2021.

Bumble Inc. EPS and Revenue (Q4 FY21):

  • EPS of -$0.08 missing expectations of -$0.05
  • Revenue of $208.2M missing expectations of $210.49M
  • EPS was down 700% and Revenue was up 25.73%
Bumble Inc. EPS and Revenue (FY21):
  • EPS of $1.48 missing expectations of $1.83
  • Revenue of $765.66M missing expectations of $767.96M
  • EPS was up 3,060% and Revenue was up 31.52%
Bumble Inc. FY 22 Guidance:
  • Total revenue in the range of $934-$944M
  • Adjusted EBITDA margin in range of 26.5-27%
Opinion:
Bumble Inc. is currently trading higher after reporting earnings after the closing bell today. The stock soared higher even though it missed expectations for Q4 and FY21 earnings. A lot of this positive sentiment is derived from the guidance for FY22. It seems as if Bumble has some high expectations for its business. They have done a fairly nice job for the business model they run. However, I think we have another case of a fairly new stock that went on a hot IPO run as it hit the market. Bumble is down severely from its all time highs. As Bumble tries to get afloat in the stock market, they are also looking to expand revenues as well as EPS. Personally, I do not have a position in this company, nor do I plan on attaining one. The only dating platform I would invest in is Match.com. I think Bumble is doing a fairly decent job, but it is just simply not my cup of tea. I look to invest elsewhere to attain higher returns.


*Information from Bumble and Yahoo Finance
*Estimates attained from Zacks

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