In the first quarter of 2024, online dating company Bumble Inc. registered a net income of 33.87 million U.S. dollars. Bumble Inc. is a social media company and the parent company of online dating services Bumble and Badoo.
Net income generated by Bumble Inc. as of 1st quarter 2024
(in million U.S. dollars)
Characteristic
Net income in million U.S. dollars
2023 Q1
33.87
2023 Q4 (Successor)
-32.01
2023 Q3 (Successor)
23.1
2023 Q2 (Successor)
9.3
2023 Q1 (Successor)
-2.33
2022 Q4 (Successor)
-159.2
2022 Q3 (Successor)
26.4
2022 Q2 (Successor)
-6.4
2022 Q1 (Successor)
23.9
2021 Q4 (Successor)
-14.7
2021 Q3 (Successor)
-10.67
2021 Q2 (Successor)
-11.15
2021 Q1 (Successor)
323.4
2020 Q4 (Successor)
-26.07
2020 Q3 (Successor)
-22.82
2020 Q2 (Successor)
-5.47
January 29, through March 31, 2020 (Successor)
-55.8
January 1, through January 28, 2020* (Predecessor)
On January 29, 2020, Worldwide Vision Limited was merged via a solvent transfer of trade and assets into Buzz Merger Sub Limited, a Bermuda limited
company and indirect subsidiary of Bumble Holdings, which carried forward and continued to operate the Worldwide Vision Limited trade as of that date.
As a result, on January 29, 2020, Worldwide Vision Limited ceased to exist and Buzz Merger Sub Limited was subsequently renamed Worldwide Vision
Limited. On September 9, 2020, Worldwide Vision Limited merged with and into Buzz Finco L.L.C., a Delaware limited liability company and an indirect
subsidiary of Bumble Holdings., with Buzz Finco L.L.C. surviving such merger.
Bumble Inc. was incorporated as a Delaware corporation on October 5, 2020. Prior to the completion of its initial public offering (the “IPO”) on February
16, 2021, Bumble Inc. undertook certain reorganization transactions (the “Reorganization Transactions”) such that Bumble Inc. is now a holding company,
and its sole material asset is a controlling equity interest in Bumble Holdings. As the general partner of Bumble Holdings, Bumble Inc. now operates and
controls all of the business and affairs of Bumble Holdings, has the obligation to absorb losses and receive benefits from Bumble Holdings and, through
Bumble Holdings and its subsidiaries, conduct its business. As a result, the consolidated financial statements of Bumble Inc. will recognize the assets and
liabilities received in the Reorganization Transactions at their historical carrying amounts, as reflected in the historical financial statements of Bumble
Holdings. Bumble Inc. will consolidate Bumble Holdings on its consolidated financial statements and record a non-controlling interest, related to the
Common Units (as defined below) and the Incentive Units (as defined below) held by its pre-IPO owners, on its consolidated balance sheet and statement
of operations.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Bumble. (May 8, 2024). Net income generated by Bumble Inc. as of 1st quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 08, 2024, from https://www.statista.com/statistics/1233147/quarterly-bumble-net-income/
Bumble. "Net income generated by Bumble Inc. as of 1st quarter 2024 (in million U.S. dollars)." Chart. May 8, 2024. Statista. Accessed July 08, 2024. https://www.statista.com/statistics/1233147/quarterly-bumble-net-income/
Bumble. (2024). Net income generated by Bumble Inc. as of 1st quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 08, 2024. https://www.statista.com/statistics/1233147/quarterly-bumble-net-income/
Bumble. "Net Income Generated by Bumble Inc. as of 1st Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 8 May 2024, https://www.statista.com/statistics/1233147/quarterly-bumble-net-income/
Bumble, Net income generated by Bumble Inc. as of 1st quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1233147/quarterly-bumble-net-income/ (last visited July 08, 2024)
Net income generated by Bumble Inc. as of 1st quarter 2024 (in million U.S. dollars) [Graph], Bumble, May 8, 2024. [Online]. Available: https://www.statista.com/statistics/1233147/quarterly-bumble-net-income/