Question: How does Bumble make its money?

Bumble is an American social media company with a core focus on online dating. Bumble drives revenue through the purchase of in-app services using its currency Bumble Coins and via subscriptions. The Bumble Boost function allows users to swipe without daily limits or extend matches for up to 48 hours.

Is Bumble profitable?

Bumble reported net income of $323.4 million, or $1.69 a share, compared with a loss of $55.8 million, or 2 cents a share, in the year-ago period. Adjusted Ebitda was $46 million. Revenue rose to $170.7 million from $79.1 million in the year-ago quarter.

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