Bumble s (NASDAQ:BMBL) stock recently popped after the online dating company posted its first quarterly report as a public company. Its fourth-quarter revenue rose 31% year-over-year to $165.6 million.
Bumble s revenue from its namesake app, which lets female users make the first move, increased 47% to $105.8 million. Its revenue from the older dating app Badoo, which is more popular in Europe and Latin America, and other smaller businesses rose 10% to $59.8 million.
Bumble s adjusted EBITDA surged 101% to $44.1 million, boosting its adjusted EBITDA margin from 17.3% to 26.6%. But on a GAAP basis, it posted a net loss of $26.1 million, compared to a net profit of $17.2 million a year ago.
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