Bumble Went Public 5 Years Ago. If You'd Put in $1,000 Then, Here's How Much You'd Have Now.

Core Insights - Bumble went public on February 11, 2021, with shares surging 76% on the IPO day, leading to a valuation of $14 billion [1] - The company reported 40 million monthly users across its Bumble and Badoo apps at the time of the IPO, utilizing a "freemium" model to convert free users into paying subscribers [2] Financial Performance - From January 29, 2020, to September 30, 2020, Bumble generated $376.6 million in revenue, with $231.5 million from the Bumble app and $145.1 million from Badoo, but incurred a net loss of $84.1 million during this period [3] - Despite the net loss, Bumble's paying users increased to 1.1 million by September 30, 2020, up from 844,000 the previous year [4] Stock Performance - Over the five years since its IPO, Bumble's shares have decreased by 92.5%, closing at $3.24 per share recently, meaning an initial $1,000 investment would now be worth only $75 [5] - As of the latest earnings report, paying users across Bumble's apps reached 3.57 million, a 16% decrease year over year, while total revenue also fell by 10% year over year [6]