{ "docId": "019de516-4f1b-713c-ba1c-3f86e2f5472c", "docSlug": "204ee9ce87e1fcb61c05b916f941a41e", "documentTitle": "Bumble | Results Presentation Deck | 12 slides", "authorId": "bumble", "authorName": "Bumble", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 4, "pageCount": 12, "prevPage": 3, "nextPage": 5, "slideType": "disclaimer", "function": "appendix", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de516-4f1b-713c-ba1c-3f86e2f5472c/4", "deckHref": "/decks/019de516-4f1b-713c-ba1c-3f86e2f5472c", "deckJsonHref": "/decks/019de516-4f1b-713c-ba1c-3f86e2f5472c.json", "deckAnchorHref": "/decks/019de516-4f1b-713c-ba1c-3f86e2f5472c#slide-4", "components": [ { "bbox": { "h": 0.22, "w": 0.547, "x": 0.419, "y": 0.068 }, "kind": "paragraph", "text": "We report our financial results in accordance with GAAP, however, management believes that certain non-GAAP\nfinancial measures provide users of our financial information with useful supplemental information that enables a better\ncomparison of our performance across periods. These measures include adjusted EBITDA and adjusted EBITDA margin.\nWe believe adjusted EBITDA and adjusted EBITDA margin provide visibility to the underlying continuing operating\nperformance by excluding the impact of certain expenses, including income tax (benefit) provision, interest (income)\nexpense, depreciation and amortization, stock-based compensation expenses, employer costs related to stock-based\ncompensation, foreign exchange (gain) loss, changes in fair value of contingent earn out liability, interest rate swaps\nand investments in equity securities, transaction and other costs, litigation costs net of insurance reimbursements that\narise outside of the ordinary course of business, tax receivable agreement liability remeasurement (benefit) expense and\nimpairment loss, as management does not believe these expenses are representative of our core earnings.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3c9fb182-edee-4b1a-a2c9-6496ddfff5a6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.14, "w": 0.547, "x": 0.419, "y": 0.404 }, "kind": "paragraph", "text": "Adjusted earnings before interest, taxes, depreciation and amortization (\"adjusted EBITDA\") is defined as net earnings\n(loss) excluding income tax (benefit) provision, interest (income) expense, depreciation and amortization, stock-based\ncompensation expense, employer costs related to stock based compensation, foreign exchange (gain) loss, changes in\nfair value of contingent earn out liability, interest rate swaps and investments in equity securities, transaction and other\ncosts, litigation costs net of insurance reimbursements that arise outside of the ordinary course of business, tax\nreceivable agreement liability remeasurement (benefit) expense and impairment loss.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "775e6bee-6348-47ab-9b61-2990176a5e25", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.018, "w": 0.547, "x": 0.419, "y": 0.83 }, "kind": "paragraph", "text": "Please refer to \"Reconciliation from GAAP to Non-GAAP\" for reconciliations of our non-GAAP financial measures.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7a392a50-151b-4fc1-98c2-a1a85abe6267", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.018, "w": 0.547, "x": 0.419, "y": 0.554 }, "kind": "paragraph", "text": "Adjusted EBITDA margin represents adjusted EBITDA as a percentage of revenue.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7bc0c4d4-1419-4060-8dca-fdbda23e0658", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.547, "x": 0.419, "y": 0.298 }, "kind": "paragraph", "text": "Our non-GAAP financial measures may not be comparable to similarly titled measures used by other companies, have\nlimitations as analytical tools and should not be considered in isolation, or as substitutes for analysis of our operating\nresults as reported under GAAP. Additionally, we do not consider our non-GAAP financial measures as superior to, or a\nsubstitute for, the equivalent measures calculated and presented in accordance with GAAP.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "82bd4c9a-209e-4d83-bd7b-aff21ba2f7b5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.547, "x": 0.419, "y": 0.77 }, "kind": "paragraph", "text": "This communication should be read in conjunction with our earnings release and Quarterly Report on Form 10-Q for the\nsecond quarter ended June 30, 2023.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e4d64595-4f6a-40c1-9f5c-e1ae8c1a6b65", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.17, "w": 0.547, "x": 0.419, "y": 0.583 }, "kind": "paragraph", "text": "With regards to the adjusted EBITDA outlook provided herein, a reconciliation to GAAP net earnings (loss) has not been\nprovided as the quantification of certain items included in the calculation of GAAP net earnings (loss) cannot be\ncalculated or predicted at this time without unreasonable efforts. For example, the non-GAAP adjustment for stock-\nbased compensation expense requires additional inputs such as number of shares granted and market price that are\nnot currently ascertainable, and the non-GAAP adjustment for certain legal, tax and regulatory reserves and expenses\ndepends on the timing and magnitude of these expenses and cannot be accurately forecasted. For the same reasons,\nthe Company is unable to address the probable significance of the unavailable information, which could have a\npotentially unpredictable, and potentially significant, impact on its future GAAP financial results.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f39b8efa-f351-4419-98a9-02924b67e1ef", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.102, "x": 0.839, "y": 0.94 }, "kind": "source-note", "text": "Q2 2023 Earnings", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f742451f-21a2-4e66-8b04-4cc078fe0683", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.25, "x": 0.046, "y": 0.44 }, "kind": "title", "text": "Non-GAAP\nFinancial Measures", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9569552c-1d7f-4cfb-ac7d-2fec4ae152e8", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }