Bumble(US:BMBL)2025-11-05 21:16Revenue Performance - Total revenue decreased by 10.0% to $246.2 million, compared to $273.6 million in Q3 2024[7] - Bumble App revenue decreased by 9.7% to $198.8 million, compared to $220.2 million in Q3 2024[7] - Revenue for the three months ended September 30, 2025, was $246.2 million, a decrease of 10% compared to $273.6 million for the same period in 2024[40] User Metrics - Total paying users decreased by 16.0% to 3.6 million, compared to 4.3 million in Q3 2024[7] - Total average revenue per paying user (ARPPU) increased by 6.9% to $22.64, compared to $21.17 in Q3 2024[7] Earnings and Profitability - Net earnings were $51.6 million, or 21.0% of revenue, compared to a net loss of $849.3 million in Q3 2024[7] - Operating earnings for the three months ended September 30, 2025, were $63.7 million, compared to an operating loss of $838.2 million in the same period of 2024[40] - Net earnings attributable to Bumble Inc. shareholders for the three months ended September 30, 2025, were $37.3 million, a significant improvement from a loss of $613.2 million in the same period of 2024[40] Cash Flow and Assets - Cash and cash equivalents increased to $307.9 million as of September 30, 2025, up from $204.3 million as of December 31, 2024[38] - Net cash provided by operating activities for the nine months ended September 30, 2025, was $191,300, an increase from $128,839 in the same period of 2024[44] - The company experienced a net increase in cash and cash equivalents of $45,573 for the three months ended September 30, 2025[42] Expenses - Selling and marketing expenses for the three months ended September 30, 2025, were $32.8 million, a decrease of 48% from $63.5 million in the same period of 2024[40] - General and administrative expenses increased to $46.3 million for the three months ended September 30, 2025, compared to $33.3 million in the same period of 2024[40] - Non-GAAP selling and marketing expense for Q3 2025 was $31,678,000, down 0.6% from $63,037,000 in Q3 2024[47] Impairment and Liabilities - The company reported an impairment loss of $408.5 million for the nine months ended September 30, 2025, compared to an impairment loss of $892.2 million for the same period in 2024[40] - Total liabilities decreased to $1.16 billion as of September 30, 2025, compared to $1.18 billion as of December 31, 2024[38] - The company has substantial indebtedness, with long-term debt net of $583.6 million as of September 30, 2025[38] Future Outlook - The company anticipates fourth quarter revenue in the range of $216 million to $224 million, including Bumble App revenue of $176 million to $182 million[14] - The transaction is expected to enhance cash flow and provide strategic flexibility for future growth initiatives[15] - The company is focusing on improving member base quality and embedding innovation and AI into its platform[2]