{ "docId": "019de515-988c-7373-ad29-a3ce8d537f48", "docSlug": "f9bf97c357695e40103d8571e867d454", "documentTitle": "Bumble | Results Presentation Deck | 12 slides", "authorId": "bumble", "authorName": "Bumble", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-05-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 11, "pageCount": 12, "prevPage": 10, "nextPage": 12, "slideType": "revenue_buildup", "function": "decompose_segments", "density": "overcrowded", "nDataPoints": 105, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de515-988c-7373-ad29-a3ce8d537f48/11", "deckHref": "/decks/019de515-988c-7373-ad29-a3ce8d537f48", "deckJsonHref": "/decks/019de515-988c-7373-ad29-a3ce8d537f48.json", "deckAnchorHref": "/decks/019de515-988c-7373-ad29-a3ce8d537f48#slide-11", "components": [ { "bbox": { "h": 0.02, "w": 0.1, "x": 0.03, "y": 0.94 }, "kind": "image", "text": "bumble inc.", "attrs": null, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a8c2d703-d711-48d3-b4f4-d1edde2df0ec", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.1, "x": 0.83, "y": 0.94 }, "kind": "source-note", "text": "Q1 2023 Earnings", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "06cf3c47-fbd5-408f-808c-831cc4138683", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.96, "x": 0.03, "y": 0.8 }, "kind": "source-note", "text": "1. Represents employer portion of Social Security and Medicare payroll taxes domestically, National Insurance contributions in the United Kingdom and comparable costs internationally related to the settlement of equity awards.\n2. Represents certain litigation costs and insurance proceeds associated with pending litigations or settlements of litigation. Includes amounts accrued with respect to the Company's class action lawsuit related to the September 2021 secondary public stock offering, representing management's current estimated probable loss for this matter.\n3. Represents foreign exchange (gain) loss due to foreign currency transactions.\n4. Represents fair value loss (gain) on interest rate swaps.\n5. Represents transaction costs related to acquisitions and our offerings such as legal, accounting, advisory fees and other related costs. Amount in 2022 also includes employee-related restructuring costs directly associated with our decision to discontinue our operations in Russia including severance benefits, relocation and advisory fees.\n6. Represents changes in tax receivable agreement liability due to tax rate changes and unrelated to exchanges of Common Units for Class A shares.\n7. Represents impairment loss incurred on the Badoo brand and a right-of-use asset related to our Moscow office in 2022.\n8. The sum of individual metrics may not always equal total amounts indicated due to rounding.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "41faa828-2c14-4797-8526-2dd7a24e3e75", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.02, "x": 0.95, "y": 0.94 }, "kind": "source-note", "text": "11", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "80b2fbb1-2d93-4128-9a5c-ba6e9069d412", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.76, "w": 0.96, "x": 0.03, "y": 0.09 }, "kind": "table", "text": "In Millions, Except Percentages\nQ1 2022\nQ2 2022\nQ3 2022\nQ4 2022\nQ1 2023\nNet earnings (loss)\n$23.7\n$(5.0)\n$26.4\n$(159.2)\n$(2.3)\nAdd back:\nIncome tax (benefit) provision\n2.9\n1.2\n1.6\n(2.4)\n2.6\nInterest (income) expense\n5.6\n6.0\n6.9\n5.6\n5.2\nDepreciation and amortization\n26.9\n27.2\n19.8\n15.9\n16.7\nStock-based compensation expense\n17.6\n22.4\n37.2\n33.8\n28.6\nEmployer costs related to stock-based compensation¹\n1.1\n0.1\n0.4\n0.4\n2.6\nLitigation costs, net of insurance reimbursements²\n2.8\n1.0\n0.2\n18.6\n1.5\nForeign exchange (gain) loss³\n(2.4)\n(2.1)\n(1.6)\n2.4\n(0.6)\nChanges in fair value of interest rate swaps⁴\n(10.8)\n(2.8)\n(4.8)\n1.3\n4.2\nTransaction and other costs⁵\n3.1\n1.1\n2.7\n(1.6)\n1.3\nChanges in fair value of contingent earn-out liability\n(20.7)\n1.3\n(27.0)\n(0.7)\n(0.6)\nChanges in fair value of investments\n(0.0)\n0.1\n0.1\nTax receivable agreement liability remeasurement expense⁶\n5.3\nImpairment loss⁷\n4.3\n141.0\nAdjusted EBITDA⁸\n$49.8\n$54.8\n$61.8\n$60.5\n$59.3\nAdjusted EBITDA margin\n23.7%\n25.0%\n26.6%\n25.0%\n24.4%", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "cff0e307-ba6d-44b5-a87e-aa1442c9d0fd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.64, "x": 0.18, "y": 0.04 }, "kind": "title", "text": "Reconciliation of Net Earnings (Loss) to Adjusted EBITDA", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "86aec64a-fa42-47a5-bedc-04d1eccb0eea", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Table data", "slug": "table-data", "agent": null, "layer": "slide", "matchId": "4228cf91-c076-45ac-bd97-c5d417d6f75e", "evidence": "table/data: In Millions, Except Percentages\nQ1 2022\nQ2 2022\nQ3 2022\nQ4 2022\nQ1 2023\nNet earnings (loss)\n$23.7\n$(5.0)\n$26.4\n$(159.2)\n$(2.3)\nAdd back:\nIncome tax (benefit) provision\n2.9\n1.2\n1.6\n(2.4)\n2.6", "confidence": 0.9 } ], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }