Bumble Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
BMBL$5.98+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(In thousands, except share and per share information)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $252,057 | $355,642 |
| Accounts receivable (net of allowance of $624 and $648, respectively) | 102,547 | 102,677 |
| Other current assets | 28,725 | 34,732 |
| Total current assets | 383,329 | 493,051 |
| Right-of-use assets | 13,303 | 15,425 |
| Property and equipment (net of accumulated depreciation of $21,463 and $15,831, respectively) | 8,974 | 12,462 |
| Goodwill | 1,389,002 | 1,585,750 |
| Intangible assets, net | 764,406 | 1,484,290 |
| Deferred tax assets, net | 22,558 | 27,029 |
| Other noncurrent assets | 7,840 | 7,120 |
| Total assets | $2,589,412 | $3,625,127 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Accounts payable | $6,830 | $4,611 |
| Deferred revenue | 45,329 | 48,749 |
| Accrued expenses and other current liabilities | 125,083 | 185,799 |
| Current portion of long-term debt, net | 5,750 | 5,750 |
| Total current liabilities | 182,992 | 244,909 |
| Long-term debt, net | 612,231 | 615,176 |
| Deferred tax liabilities, net | 975 | 5,673 |
| Payable to related parties pursuant to a tax receivable agreement | 412,958 | 407,389 |
| Other long-term liabilities | 13,393 | 14,707 |
| Total liabilities | 1,222,549 | 1,287,854 |
| Commitments and contingencies (Note 14) | ||
| Shareholders’ equity: | ||
| Class A common stock (par value $0.01 per share, 6,000,000,000 shares authorized; 139,851,829 shares issued and 112,557,526 shares outstanding as of September 30, 2024; 138,520,102 shares issued and 130,687,629 shares outstanding as of December 31, 2023) | 1,398 | 1,385 |
| Class B common stock (par value $0.01 per share, 1,000,000 shares authorized; 20 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively) | — | — |
| Preferred stock (par value $0.01; authorized 600,000,000 shares; no shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively) | — | — |
| Additional paid-in capital | 1,749,314 | 1,772,449 |
| Treasury stock (27,294,303 and 7,832,473 shares as of September 30, 2024 and December 31, 2023, respectively) | (266,045) | (73,764) |
| Accumulated deficit | (705,271) | (144,084) |
| Accumulated other comprehensive income | 73,166 | 79,029 |
| Total Bumble Inc. shareholders’ equity | 852,562 | 1,635,015 |
| Noncontrolling interests | 514,301 | 702,258 |
| Total shareholders’ equity | 1,366,863 | 2,337,273 |
| Total liabilities and shareholders’ equity | $2,589,412 | $3,625,127 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.