{ "docId": "019de514-8aed-70c9-9d53-c96df029abd8", "docSlug": "75d8fd6fa3f293cff3d5e2c240de27a1", "documentTitle": "Bumble | Results Presentation Deck | 12 slides", "authorId": "bumble", "authorName": "Bumble", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2022-11-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 3, "pageCount": 12, "prevPage": 2, "nextPage": 4, "slideType": "disclaimer", "function": "front_matter", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de514-8aed-70c9-9d53-c96df029abd8/3", "deckHref": "/decks/019de514-8aed-70c9-9d53-c96df029abd8", "deckJsonHref": "/decks/019de514-8aed-70c9-9d53-c96df029abd8.json", "deckAnchorHref": "/decks/019de514-8aed-70c9-9d53-c96df029abd8#slide-3", "components": [ { "bbox": { "h": 0.015, "w": 0.102, "x": 0.837, "y": 0.94 }, "kind": "legend", "text": "Q3 '22 EARNINGS", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "173491bd-5d11-41a8-804b-4eaeaada6380", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.01, "x": 0.959, "y": 0.94 }, "kind": "legend", "text": "3", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "82e3fc28-2472-4307-85c3-63538646fe30", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.087, "w": 0.93, "x": 0.049, "y": 0.699 }, "kind": "list", "text": "Adjusted earnings before interest, taxes, depreciation and amortization (\"adjusted EBITDA\") is defined as net earnings (loss) excluding income tax (benefit) provision, interest (income) expense, depreciation and amortization, stock-based compensation expense, employer costs related to stock-based compensation, foreign exchange (gain) loss, changes in fair value of contingent earn-out liability, interest rate swaps and investments, transaction and other costs, litigation costs net of insurance reimbursements arising outside of the ordinary course of business, tax receivable agreement liability remeasurement (benefit) expense and impairment loss.\nAdjusted EBITDA margin represents adjusted EBITDA as a percentage of revenue.", "attrs": {}, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "592656e0-7413-4c05-bd0c-fdf2621f1bbc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.319, "w": 0.93, "x": 0.049, "y": 0.139 }, "kind": "list", "text": "Bumble App Average Revenue per Paying User is calculated based on Bumble App Revenue in any measurement period, divided by Bumble App Paying Users in such period divided by the number of months in the period.\nBumble App Paying User is a user that has purchased or renewed a Bumble subscription plan and/or made an in-app purchase on the Bumble app in a given month. We calculate Bumble App Paying Users as a monthly average, by counting the number of Bumble App Paying Users in each month and then dividing by the number of months in the relevant measurement period.\nBumble App Revenue is revenue derived from purchases or renewals of a Bumble app subscription plan and/or in-app purchases on Bumble app in the relevant period.\nBadoo App and Other Average Revenue per Paying User is calculated based on Badoo App and Other Revenue in any measurement period, excluding any revenue generated from Fruitz, advertising and partnerships or affiliates, divided by Badoo App and Other Paying Users in such period divided by the number of months in the period.\nBadoo App and Other Paying User is a user that has purchased or renewed a subscription plan and/or made an in-app purchase on the Badoo app in a given month (or made a purchase on one of our other apps that we owned and operated in a given month (excluding Fruitz), or purchase on other third-party apps that used our technology in the relevant period). We calculate Badoo App and Other Paying Users as a monthly average, by counting the number of Badoo App and Other Paying Users in each month and then dividing by the number of months in the relevant measurement period.\nBadoo App and Other Revenue is revenue derived from purchases or renewals of a Badoo app subscription plan and/or in-app purchases on Badoo app in the relevant period, purchases on one of our other apps that we owned and operated in the relevant period, purchases on other third party apps that used our technology in the relevant period and advertising, partnerships or affiliates revenue in the relevant period.\nTotal Average Revenue per Paying User or Total ARPPU is calculated based on Total Revenue in any measurement period, excluding any revenue generated from Fruitz, advertising and partnerships or affiliates, divided by the Total Paying Users in such period divided by the number of months in the period.\nTotal Paying Users is the sum of Bumble App Paying Users and Badoo App and Other Paying Users.\nTotal Revenue is the sum of Bumble App Revenue and Badoo App and Other Revenue.", "attrs": {}, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b262538e-cfe4-4ec0-801d-4ddd0bf10488", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.136, "x": 0.049, "y": 0.109 }, "kind": "paragraph", "text": "DEFINITIONS", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0be94a22-2d54-4952-b186-edb1bd0e7e09", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.702, "x": 0.049, "y": 0.946 }, "kind": "paragraph", "text": "Please refer to \"Reconciliation from GAAP to Non-GAAP\" for reconciliations of our non-GAAP financial measures.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1834a6cd-dda2-4435-933e-0fe7b8dd5da9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.103, "w": 0.93, "x": 0.049, "y": 0.529 }, "kind": "paragraph", "text": "We report our financial results in accordance with GAAP, however, management believes that certain non-GAAP financial measures provide users of our financial information with useful supplemental information that enables a better comparison of our performance across periods. These measures include adjusted EBITDA and adjusted EBITDA margin. We believe adjusted EBITDA and adjusted EBITDA margin provide visibility to the underlying continuing operating performance by excluding the impact of certain expenses, including income tax (benefit) provision, interest (income) expense, depreciation and amortization, stock-based compensation expense, employer costs related to stock-based compensation, foreign exchange (gain) loss, changes in fair value of contingent earn-out liability, interest rate swaps and investments, transaction and other costs, litigation costs net of insurance reimbursements that arise outside of the ordinary course of business, tax receivable agreement liability remeasurement (benefit) expense and impairment loss, as management does not believe these expenses are representative of our core earnings.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8b730a48-a848-4dd2-931b-eedcf0fa1cd6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.099, "w": 0.93, "x": 0.049, "y": 0.801 }, "kind": "paragraph", "text": "With regards to the adjusted EBITDA outlook provided herein, a reconciliation to GAAP net earnings (loss) has not been provided as the quantification of certain items included in the calculation of GAAP net earnings (loss) cannot be calculated or predicted at this time without unreasonable efforts. For example, the non-GAAP adjustment for stock-based compensation expense requires additional inputs such as number of shares granted and market price that are not currently ascertainable, and the non-GAAP adjustment for certain legal, tax and regulatory reserves and expenses depends on the timing and magnitude of these expenses and cannot be accurately forecasted. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on its future GAAP financial results.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a81ba01b-239f-4cd7-94d8-6cc4d9aa1150", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.025, "w": 0.93, "x": 0.049, "y": 0.913 }, "kind": "paragraph", "text": "This communication should be read in conjunction with our earnings release for the quarter ended September 30, 2022, and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2022.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d7571b18-f743-4a8a-ac35-ec0e56cde6f5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.34, "x": 0.049, "y": 0.499 }, "kind": "paragraph", "text": "NON-GAAP FINANCIAL MEASURES", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "de48a38c-eb39-4f66-8146-e07b6260245a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.93, "x": 0.049, "y": 0.639 }, "kind": "paragraph", "text": "Our non-GAAP financial measures may not be comparable to similarly titled measures used by other companies, have limitations as analytical tools and should not be considered in isolation, or as substitutes for analysis of our operating results as reported under GAAP. Additionally, we do not consider our non-GAAP financial measures as superior to, or a substitute for, the equivalent measures calculated and presented in accordance with GAAP.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f3d41df6-4f6f-487f-949d-dee9d0b8be8c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.037, "w": 0.899, "x": 0.049, "y": 0.034 }, "kind": "title", "text": "Safe Harbor: Definitions and Non-GAAP Measures", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0ab3a7ec-343e-47f2-99d1-39635292da46", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }