Bumble Inc (BMBL) is a NASDAQ listed company with a market cap of 4.2 bln US dollars. Its current share price stand at 22.74 US dollars per share, down 0.742% from the previous close of 22.91 US dollars per share.
The company’s revenue has been on an increase since its listing on Wall Street in 2023, although there have been some fluctuations along the way. The most recent financial statement for the quarter ending December 31, 2021 reported total revenues of 208.22 mln US dollars as compared to 211.19 mln US dollars for the quarter ending March 31, 2022 and 230.63 mln US dollars for the quarter ending September 30, 2022; This shows that Bumble Inc has been able to increase its top line over time and is showing signs of strong financial performance in the coming quarters too if current trends are anything to go by.
In terms of earnings per share (EPS), Bumble Inc reported -0.071 EPS for the latest quarter ending December 2021, which is slightly lower than -0.03 EPS reported for the same quarter a year prior but higher than 0 EPS reported two quarters ago in May 2021; This shows that while Bumble Inc’s profits have taken a hit due to rising costs and expenses, it still remains profitable and could soon turn around its financial situation if it can continue to control costs effectively while also expanding its top line revenue through strategic investments and initiatives.
Overall, Bumble Inc’s financial performance appears to be improving gradually over time which is encouraging news for investors hoping to see further growth from this stock in the near future. With its current market capitalization sitting at 4bln US dollars and its ability to grow revenues efficiently, Bumble Inc appears well positioned for long term success and profitability in the near future provided it continues to make wise investments and strategic decisions going forward
