社交媒体平台Bumble Inc.（BMBL）美股盘后涨幅收窄至8.2%。 最新业绩报告显示，该公司（Match Group）一季度营收2.47亿美元，分析师预期2.465亿美元。 一季度付费用户数40.1万，分析师预期4.04万。 一季度调整后EBITDA为0.644亿美元，分析师预期0.623亿美元。 预计二季度营收2.35亿-2.43亿美元，分析师预期2.43亿美元。 预计二季度Bumble APP营收1.93亿-1.99亿美元，分析师预期1.977亿美元。 由于转变计划的缘故，预计短期付费用户数将下降。 为了提高质量，公司正加强删除那些表现不良的用户。 将在夏季宣布"重大升级"。 ...

Financial Performance - Q1 2025 - Total revenue decreased by 8% year-over-year to $247.1 million[25] - Bumble App revenue decreased by 6% year-over-year to $201.8 million[25] - Net earnings decreased by 41% year-over-year to $19.8 million[25] - Adjusted EBITDA decreased by 13% year-over-year to $64.4 million[25] User Metrics - Q1 2025 - Total Paying Users remained flat at 4.0 million[25] - Bumble App Paying Users decreased by 1% to 2.7 million[25] - Badoo App and Other Paying Users increased by 1% to 1.306 million[38] - Total Average Revenue per Paying User (ARPPU) decreased by 7% to $20.24[25] - Bumble App ARPPU decreased by 6% to $24.84[33] - Badoo App and Other ARPPU decreased by 13% to $10.72[39] Financial Outlook - Q2 2025 - The company expects total revenue to be between $235 million and $243 million[45] - The company expects Bumble App revenue to be between $193 million and $199 million[45] - The company expects Adjusted EBITDA to be between $79 million and $84 million[45]

Exhibit 99.1 Bumble Inc. Announces First Quarter 2025 Results Total Revenue Decreased 8% to $247 Million Bumble App Revenue Decreased 6% to $202 Million Bumble App Paying Users Decreased 1% to 2.7 Million; Declined 104,000 Quarter Over Quarter AUSTIN, Texas, May 7, 2025 - Bumble Inc. (NASDAQ: BMBL) today reported financial results for the first quarter ended March 31, 2025. "Since I returned in mid-March, we have set an accelerated path to return to sustainable, long-term growth," said Whitney Wolfe Herd, F ...

Core Viewpoint - Bumble Inc. (BMBL) is expected to report a quarterly earnings per share (EPS) of $0.16, reflecting a 15.8% decline year over year, with revenues projected at $246.29 million, down 8% from the previous year [1] Earnings Estimates - Analysts have revised the consensus EPS estimate downward by 4.1% over the past 30 days, indicating a collective reassessment of projections [1][2] Revenue Projections - Revenue from the Badoo App and Other is estimated at $46.80 million, representing a 10% decrease year over year [4] - Revenue from the Bumble App is forecasted to be $200.36 million, indicating a year-over-year decline of 7.2% [4] User Metrics - The estimated Total Paying Users is projected to be 4.02 million, consistent with the same quarter last year [6] - Badoo App and Other Paying Users are expected to reach 1.34 million, up from 1.29 million in the previous year [5] - Bumble App Paying Users are estimated at 2.7 million, slightly down from 2.73 million year over year [5] Average Revenue per User - Total Average Revenue per Paying User is expected to be $20.14, down from $21.84 in the previous year [4] - Badoo App and Other Average Revenue per Paying User is projected at $10.85, down from $12.35 year over year [6] - Bumble App Average Revenue per Paying User is estimated to be $24.70, down from $26.34 in the same quarter last year [7] Stock Performance - Over the past month, Bumble shares have increased by 14.8%, outperforming the Zacks S&P 500 composite, which saw a change of +0.4% [7]

The most recent trading session ended with Bumble Inc. (BMBL) standing at $4.22, reflecting a -1.4% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.15% gain on the day. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.09%.Shares of the company witnessed a loss of 1.38% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 1.15% and the S&P 500's loss of 0.21%.The investment community will be closely ...

Business Model and Financial Performance - The company operates on a freemium model, where a subset of users pays for subscriptions or in-app purchases, significantly impacting financial performance [75]. - In-app purchases processed through Apple and Google involve significant fees, up to 30% of revenue, impacting overall profitability [89]. - Google reduced its in-app purchase fees for subscription payments to 15% as of January 1, 2022, which may benefit the company's revenue model [89]. - The company’s marketing expenditures have historically increased over time to attract and retain users, indicating a need for effective cost management [105]. - The company’s brand reputation is critical for user retention, and any negative publicity could materially affect its financial results [97]. - The company may need to invest significantly in maintaining and enhancing its brands to ensure continued user engagement and revenue generation [98]. - Bumble app's commitment to its mission may lead to short- or medium-term operating results that do not meet investor expectations, potentially harming revenue and financial results [108]. User Engagement and Competition - User engagement and retention are critical, with potential fluctuations in user base due to competition and changing user behavior [76]. - The dating industry is highly competitive, with low switching costs and new entrants potentially disrupting the market [78]. - The company must continuously innovate to keep pace with evolving market trends and user preferences, particularly among younger demographics [76]. - The company experienced a decline in Paying Users due to disruptions caused by Google's in-app billing policy changes in 2021 [90]. - The presence of spam and fake accounts on the platform could diminish user experience and deter potential users, leading to reputational damage [112]. - User metrics, including paying users and average revenue per paying user, are subject to measurement challenges, which could affect strategic decisions and business performance [113]. Regulatory and Compliance Risks - Changes in privacy regulations and advertising policies by major tech platforms could limit targeted advertising capabilities, impacting user acquisition [85]. - The company is subject to evolving governmental regulations regarding AI, which may require significant resources to comply with and could impact business operations [125]. - The company must navigate complex international privacy and data protection laws, with potential fines of up to €20 million or 4% of total worldwide annual turnover under the GDPR [166]. - The company is exposed to litigation risks related to privacy, data protection, and consumer protection laws, which could result in substantial legal costs and liabilities [170]. - The company faces potential regulatory scrutiny due to the introduction of new brands and products, which may lead to increased operating costs and compliance challenges [158]. - Compliance with various laws, such as the Americans with Disabilities Act, may require additional modifications to products, potentially resulting in litigation and increased costs [159]. Cybersecurity and Data Protection - Cybersecurity risks, including data breaches and unauthorized access, pose significant threats to the confidentiality and availability of sensitive information, potentially harming the business [115]. - The company has experienced past security incidents and anticipates future threats, necessitating ongoing investment in cybersecurity measures [116]. - Third-party service providers' data security practices could expose the company to legal liabilities if breaches occur, impacting reputation and financial condition [121]. - System interruptions and data security breaches could lead to loss of user trust and negatively affect user engagement and revenue [139]. Operational Challenges and Workforce - The company reduced its global workforce by approximately 30% during 2024, which could negatively impact operations and employee morale [92]. - The transition of key executive roles, including the CEO and CFO, may disrupt business continuity and strategic objectives [92]. - The company faces strong competition for attracting and retaining skilled personnel, which could lead to increased labor costs [94]. - The company is exploring alternative billing options on a country-by-country basis, which may require additional resources and could disrupt user experience [90]. Financial and Debt Management - As of December 31, 2024, the company had $621.3 million of outstanding indebtedness, which requires significant interest and principal payments [178]. - The company’s ability to make scheduled payments on its debt is subject to its financial performance, which is influenced by various external factors beyond its control [180]. - The company’s subsidiaries are restricted from making distributions under certain laws, which could impair its ability to meet debt service obligations [179]. - The company may incur substantial penalties for non-compliance with export controls and economic sanctions, affecting its ability to operate in certain markets [162]. Intellectual Property and Legal Risks - The company faces risks related to intellectual property rights, which could materially adversely impact its business and financial condition if unable to protect and enforce these rights [142]. - The company may incur significant costs in defending against intellectual property claims, which could divert management's attention and resources [145]. - There is a risk that the company may not prevail in intellectual property litigation, potentially leading to unfavorable judgments and substantial monetary damages [145]. - The use of open source software may expose the company to legal claims and could adversely affect its proprietary software and business operations [154]. Acquisitions and Integration - The company faces operational and financial risks associated with acquisitions, including challenges in properly valuing and integrating acquired businesses [233]. - The integration of acquisitions requires significant time and resources, which may not be managed successfully [235]. - Management attention may be diverted from other areas of the business due to acquisition integration efforts [235]. - There is no assurance that investments in acquisitions will be successful [235]. Market and Economic Conditions - The company is exposed to changes in the global macroeconomic environment, which may adversely affect consumer discretionary spending and demand for its products [228]. - Fluctuations in inflation have negatively impacted the company's expenses, particularly employee compensation, which could affect the number of paying users [229]. - The unpredictability of quarterly operating results may lead to failure in meeting revenue expectations, potentially causing a substantial decline in the market price of the company's Class A common stock [227].

Financial Data and Key Metrics Changes - Total revenue for Q4 2024 was $262 million, at the high end of the outlook, with a year-over-year increase of 2% to $1.072 billion for the full year [28][33] - Adjusted EBITDA for Q4 was $73 million, representing a 28% margin, while full-year adjusted EBITDA was $304 million, up 220 basis points [33][34] - Free cash flow for the year was $114 million, with cash and cash equivalents at $204 million at year-end [34] Business Line Data and Key Metrics Changes - Bumble App revenue was $212 million, down 4% year-over-year, while paying users grew 5% to 2.8 million [28][29] - Badoo App and other revenue was $49 million, representing a decline of 7%, with paying users growing 7% to 1.4 million but ARPPU declining 12% to $11.13 [29][30] Market Data and Key Metrics Changes - Total paying users grew 5% in Q4 to 4.2 million, but ARPPU for Bumble App declined 8% to $25.17 due to geographic mix shift [28][29] - The company faced unfavorable FX impacts of approximately $3 million in total revenue and $2 million in Bumble App revenue [28][29] Company Strategy and Development Direction - The company is focused on three strategic pillars: strengthening the ecosystem, driving innovation in customer experiences, and enhancing revenue strategy [9][44] - The decision to sunset Fruitz and Official reflects a focus on core business and resource allocation [17][41] - Upcoming product releases include a new Discover tab and AI-assisted features aimed at improving user engagement and safety [14][68] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand for online dating, emphasizing the need for a safe and enjoyable user experience [48][49] - The company anticipates near-term declines in paying users as it focuses on optimizing the user ecosystem [36][104] - Future guidance for Q1 2025 expects total revenue to decline between 7% and 10%, with a sequential decline in paying users of 100,000 to 120,000 [37][104] Other Important Information - The company repurchased $40 million worth of shares in Q4 and $214 million in total for 2024 [34] - Management highlighted the importance of trust and safety features in upcoming releases, including ID verification and new engagement tools [14][56] Q&A Session Summary Question: Industry landscape and challenges - Management noted that the demand for love is stronger than ever, and the focus will be on enhancing user experience and safety [48][49] Question: CFO search and commitment - The CFO search is a top priority, with active interviews ongoing [60] - The CEO expressed a strong commitment to the company and its mission, emphasizing a long-term focus [64] Question: Discover tab feature - The Discover tab aims to enhance user engagement through shared interests and is expected to drive more matches [68][70] Question: Monetization plans amid user hesitance - The company is focused on ensuring relevant matches and safety to engage younger users effectively [76][77] Question: Q1 guidance and margin contraction - The expected margin contraction is due to revenue headwinds and deliberate investments in product and technology [81][82] Question: Strategy changes and executive alignment - The strategy remains customer-centric, focusing on solving user pain points and enhancing the overall experience [88][90] Question: Revenue strategy and engagement - The company is balancing revenue across subscription tiers while focusing on engagement as a precursor to monetization [99][100] Question: BFF product adoption - The company sees potential in Bumble BFF as a way to engage users and create a pathway back to dating [122][130]

Financial Estimates and Adjustments - Bumble Inc. announced preliminary financial estimates for Q4 2024, with results subject to finalization and potential adjustments[4][5] - The company has not reconciled the expected adjusted EBITDA range due to unavailability of certain tax-related adjustments[6] Leadership Changes - Whitney Wolfe Herd will return as CEO effective March 17, 2025, following the resignation of Lidiane Jones[7] - Lidiane Jones will remain employed during a transition period until April 13, 2025[7] - New compensation terms for Whitney Wolfe Herd as CEO will be disclosed at a later date[10] Board of Directors - The Board reduced its size to ten directors and appointed Ann Mather as Chair effective March 17, 2025[8]

Financial Performance - Total Revenue for the three months ended September 30, 2024, was $273,605,000, a slight decrease of 0.3% compared to $275,510,000 for the same period in 2023[10] - Net loss for the three months ended September 30, 2024, was $849,259,000, compared to a net income of $23,124,000 for the same period in 2023[11] - Comprehensive loss attributable to Bumble Inc. shareholders for the three months ended September 30, 2024, was $616,886,000[11] - The company reported a net loss of $(561,187) for the year ending December 31, 2023, compared to a net loss of $(144,084) for the previous year, representing a significant increase in losses[14] - For the nine months ended September 30, 2024, Bumble Inc. reported a net loss of $777,700,000 compared to a net earnings of $30,144,000 for the same period in 2023[18] - The company reported a net loss of $849.3 million for the three months ended September 30, 2024, compared to a net income of $23.1 million in the same period of 2023[106] Revenue and User Metrics - Total Average Revenue per Paying User (ARPPU) was calculated based on Total Revenue divided by Total Paying Users, reflecting the company's revenue generation efficiency[10] - Total Paying Users increased, contributing to the overall revenue despite the net loss reported[10] - Bumble App revenue for Q3 2024 was $220.2 million, down from $221.8 million in Q3 2023[30] - Average revenue per paying user for Bumble App was $25.58 in Q3 2024, down from $28.38 in Q3 2023[88] - Total Paying Users for Bumble App increased by 10.2% to 2.9 million for the three months ended September 30, 2024[110] Operating Costs and Expenses - Operating costs and expenses for the three months ended September 30, 2024, totaled $1,111,792,000, significantly higher than $245,510,000 for the same period in 2023[10] - The total operating costs and expenses for the three months ended September 30, 2024, were $1.1 billion, significantly higher than $245.5 million in the same period of 2023, primarily due to impairment losses[106] - Selling and marketing expenses for the three months ended September 30, 2024, were $63.5 million, down from $68.8 million in the same period of 2023[106] - General and administrative expenses decreased to $33.3 million for the three months ended September 30, 2024, from $48.6 million in the same period of 2023[106] Impairment Losses - The company reported an impairment loss of $892,248,000 for the three months ended September 30, 2024, with no impairment loss reported in the same period of 2023[10] - The Company recorded $197.2 million in goodwill impairment charges during the three months ended September 30, 2024[27] - The Company recognized $670.3 million in impairment charges associated with indefinite-lived intangible assets during the same period[28] - The Company recorded $24.7 million in impairment charges related to the Fruitz asset group during the three months ended September 30, 2024[29] - An impairment charge of $670.3 million for indefinite-lived intangible assets was recognized during the three and nine months ended September 30, 2024, with total impairment loss for the nine months being $892.2 million[119] Shareholder Equity and Stock Repurchases - The balance of total shareholders' equity as of September 30, 2024, was $2,297,998,000, reflecting the impact of the net loss during the period[12] - The company repurchased 14.2 million shares of Class A common stock for $89.7 million during the three months ended September 30, 2024[30] - The Company repurchased a total of 19.5 million shares of Class A common stock and 2.0 million Common Units for $174.1 million during the nine months ended September 30, 2024[32] - The Company has $119.0 million remaining available for repurchase under the share repurchase program as of September 30, 2024[32] Cash Flow and Liquidity - Net cash provided by operating activities was $128,839,000, an increase from $118,669,000 in the prior year[18] - Cash and cash equivalents at the end of the period were $252,057,000, down from $439,184,000 a year earlier[18] - Net cash used in financing activities increased significantly to $207,749,000 from $58,355,000 in the prior year[18] - Free cash flow for the nine months ended September 30, 2024, was $122.7 million, compared to $105.9 million for the same period in 2023, with a free cash flow conversion rate of 53.0%[128] Acquisitions and Strategic Initiatives - The company continues to explore acquisition opportunities to strengthen its market position and expand its user base[10] - The Company completed the acquisition of Geneva Technologies, Inc. for total cash consideration of $17.5 million, with $17.2 million allocated to developed technology[44] - The company aims to expand the Bumble For Friends experience through the acquisition of Geneva in July 2024[30] Legal Proceedings - The company is subject to various legal proceedings, which may result in liabilities that cannot be reasonably estimated at this time[74] - The company faced six shareholder derivative complaints related to the September 2021 Secondary Public Offering, alleging false and misleading statements[78] - The company is currently involved in litigation related to the California Unruh Civil Rights Act, with a class action complaint filed in April 2024[80] Restructuring and Workforce Changes - The Company announced a restructuring plan to reduce its global workforce by approximately 350 roles, incurring total non-recurring charges of approximately $20.4 million through Q3 2024[46] - As of September 30, 2024, the remaining restructuring liability is $1.3 million, primarily consisting of accrued severance costs[46] Tax and Compliance - The effective tax rate for the Company was (0.5)% for the three months ended September 30, 2024, compared to 7.5% for the same period in 2023[36] - The company expects to qualify for transitional safe harbor relief under the Pillar Two rules in most jurisdictions, but some jurisdictions may not provide this relief[123] Other Financial Metrics - Adjusted EBITDA for Q3 2024 was $82.6 million, representing an Adjusted EBITDA margin of 30.2%, up from $75.3 million and 27.3% in Q3 2023[30] - The company incurred approximately $20.4 million in total non-recurring charges related to the Restructuring Plan, which was completed in Q3 2024[129]

Financial Data and Key Metrics - Total revenue for Q3 2024 was $274 million, down 1% YoY, with an unfavorable FX impact of approximately $1 million [37] - Bumble app revenue declined 1% YoY to $220 million, also impacted by FX [37] - Total paying users grew 11% YoY to 4.3 million, with Bumble app paying users increasing 10% to 2.9 million [37] - Badoo app and other revenue declined 1% to $53 million, but showed slight growth excluding FX impact [38] - Adjusted EBITDA for Q3 increased 10% YoY to $83 million, with a margin of 30%, up 290 basis points [42] - The company repurchased $120 million in stock since August, bringing total buybacks under the $450 million authorization to $361 million [7][46] Business Line Performance - Bumble app revenue declined 1% YoY to $220 million, with paying users growing 10% to 2.9 million [37] - Badoo app and other revenue declined 1% YoY to $53 million, but paying users grew 14% to 1.4 million [38] - Badoo saw improved payer conversion due to revenue re-architecture, with six consecutive quarters of positive payer net ads [39] - Geneva, a new app focused on friendships and community, is now live and gradually increasing awareness [30] Market Performance - The company observed a high single-digit incremental increase in women's registration in a growing European market, leading to more daily "yes" votes [14] - Marketing efforts in top-tier cities, including organic strategies, are showing positive results, particularly among Gen Z women [12][69] - The company is expanding its marketing tests to additional markets in Q4, with plans for gradual global expansion [14] Strategy and Industry Competition - The company is focused on transforming Bumble by making data-driven decisions, increasing execution velocity, and attracting top talent [8] - Key initiatives include strengthening the core ecosystem, driving innovation in customer experience, and enhancing revenue strategy [11] - The company is piloting a generative AI-based customer service agent to improve response effectiveness and accuracy [17] - A winter product release in 2025 will focus on authentic connections, including ID verification and AI-powered photo selection [23] Management Commentary on Operating Environment and Future Outlook - The company is confident in its transformation path and expects 2025 to be a pivotal year for growth [31] - Management emphasized the importance of balancing free users with subscription value to drive long-term profitability [25] - The company expects full realization of its strategic initiatives to take multiple quarters, with investments in marketing, technology, and product innovation [27][50] Other Important Information - The company recorded a non-cash impairment charge of $892 million related to intangible assets and goodwill, triggered by a sustained decline in market cap [40] - Free cash flow for Q3 was $92 million, with $252 million in cash and cash equivalents at the end of the quarter [45] - Full-year 2024 revenue is expected to be between $1.066 billion and $1.072 billion, with Bumble app revenue projected at $861 million to $865 million [47] Q&A Session Summary Question: Progress on strategic initiatives and timeline for impact [54] - The company is focused on strengthening the ecosystem, ensuring customer success, and reimagining the revenue strategy, with early progress seen in Q3 [55] - Full realization of these initiatives will take multiple quarters, with more details to be provided in future earnings calls [56] Question: Capital allocation philosophy and buybacks [57] - The company prioritizes organic growth, opportunistic M&A, and returning capital to shareholders through buybacks [58] - For 2025, the focus will be on top-line growth while continuing the buyback program opportunistically [59] Question: Ecosystem health and customer experience initiatives [61] - The company is rebalancing marketing spend, strengthening organic marketing, and implementing a regular product cadence to improve ecosystem health [62] - Safety initiatives, such as improved photo moderation and ID verification, are seen as positive investments for user growth [63] Question: Badoo's role and potential in the portfolio [65] - Badoo serves a complementary customer base to Bumble, with positive engagement and ARPPU improvements observed after product and marketing changes [66] Question: Gen Z engagement and election impact [68] - The company has seen positive engagement from Gen Z women, particularly in top cities, due to organic marketing efforts [69] - Historically, elections have not significantly impacted customer engagement, and Q4 guidance remains consistent [70][71] Question: Free experience evolution and 2025 growth composition [73] - The company is focused on improving the free experience to drive conversion to paid tiers, with near-term opportunities to increase conversion rates [74] - Detailed plans for 2025, including user and payer growth, will be shared in future earnings calls [76] Question: Marketing tests in Europe and learnings for mature markets [78] - In emerging markets, the company has balanced brand expansion with tailored marketing, resulting in effective user acquisition [79] - In mature markets, organic marketing efforts, such as sponsoring the WNBA, have yielded positive results and amplified digital engagement [80] Question: Q4 margin outlook and advertising spend [83] - Q4 margins are expected to be lower due to higher marketing spend, but the full-year EBITDA margin outlook remains unchanged [83]