Bumble Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
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$5.99+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
(In thousands)
| Nine Months Ended September 30, 2024 | Nine Months Ended September 30, 2023 | |
|---|---|---|
| Cash flows from operating activities: | ||
| Net earnings (loss) | $(777,700) | $30,144 |
| Adjustments to reconcile net earnings (loss) to net cash provided by operating activities: | ||
| Impairment loss | 892,248 | — |
| Depreciation and amortization expense | 52,542 | 50,825 |
| Changes in fair value of interest rate swaps | 6,995 | 9,029 |
| Changes in fair value of contingent earn-out liability | (22,032) | (24,241) |
| Non-cash lease expense | 2,598 | 2,640 |
| Tax receivable agreement liability remeasurement expense | 951 | — |
| Deferred income tax | 314 | (8,880) |
| Stock-based compensation expense | 12,273 | 83,660 |
| Net foreign exchange difference | 8,015 | (3,300) |
| Other, net | (15,655) | 1,240 |
| Changes in assets and liabilities: | ||
| Accounts receivable | 1,262 | (32,759) |
| Other current assets | (1,659) | (1,784) |
| Accounts payable | 2,258 | 2,464 |
| Deferred revenue | (3,420) | 3,149 |
| Legal liabilities | (26,044) | 1,475 |
| Lease liabilities | (1,028) | (2,991) |
| Accrued expenses and other current liabilities | (3,652) | 7,664 |
| Other, net | 573 | 334 |
| Net cash provided by operating activities | 128,839 | 118,669 |
| Cash flows from investing activities: | ||
| Capital expenditures | (6,150) | (12,769) |
| Acquisition of business, net of cash acquired | — | (9,820) |
| Acquisition of intangible assets | (17,435) | — |
| Net cash used in investing activities | (23,585) | (22,589) |
| Cash flows from financing activities: | ||
| Repayment of term loan | (4,313) | (4,313) |
| Distributions paid to noncontrolling interest holders | (7,877) | (19,287) |
| Share repurchases | (151,843) | (20,890) |
| Purchase of Common Units | (22,184) | — |
| Withholding tax paid on behalf of employees on stock-based awards | (9,590) | (13,865) |
| Payments on tax receivable agreement | (11,942) | — |
| Net cash used in financing activities | (207,749) | (58,355) |
| Effects of exchange rate changes on cash and cash equivalents | (1,443) | (2,117) |
| Net increase (decrease) in cash and cash equivalents and restricted cash | (103,938) | 35,608 |
| Cash and cash equivalents and restricted cash, beginning of the period | 359,202 | 407,042 |
| Cash and cash equivalents and restricted cash, end of the period | 255,264 | 442,650 |
| Less restricted cash | (3,207) | (3,466) |
| Cash and cash equivalents, end of the period | $252,057 | $439,184 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.