Bumble: 4Q20 revenue was US$166 million, a year-on-year increase of 31.1%, and the total number of paying users reached 2.693 million

On March 11, 2021, the social dating software Bumble (BMBL.US) had revenue of US$166 million in the fourth quarter of 2020, a year-on-year increase of 31.1%; net loss of US$26.1 million, compared with a net profit of US$17.2 million in the same period last year; diluted loss per share was US$0.01.

Bumble's revenue from January 29 to December 31, 2020 was US$542 million, a year-on-year increase of 10.8%. The net loss in the same period was US$110 million, and the diluted loss per share was US$0.05.

In the fourth quarter, the company's total paying users were 2.693 million, a year-on-year increase of 32%; the average revenue per paying user (ARPPU) was US$20.02.

The company expects Q1 2021 revenue to be between $163 million and $165 million, and adjusted EBITDA to be between $41 million and $42 million.

via Zhitong Finance