Income statement waterfall. Revenue $210.53M. Net result −$127.89M. A thin axis line marks the loss-zone boundary.
Income statement waterfall. Green diagonal stripes add to the running result, red diagonal stripes subtract from it, and a thin axis line marks the loss-zone boundary.
Revenue: $210.53M. Running result $210.53M. Badoo App And Other: $38.83M. Bumble App: $171.7M.
Cost of revenue: −$54M. Running result $156.53M.
Gross profit: $156.53M. Running result $156.53M.
Selling and marketing expense: −$29.21M. Running result $127.32M.
General and administrative expense: −$30.65M. Running result $96.67M.
Product development expense: −$35.52M. Running result $61.14M.
Depreciation and amortization expense: −$3.9M. Running result $57.25M.
Impairment charge: −$169.26M. Running result −$112.01M.
Operating income: −$112.01M. Running result −$112.01M.
Other expense: −$18.33M. Running result −$130.34M.
Pre-tax loss: −$130.34M. Running result −$130.34M.
Income tax benefit: $2.44M. Running result −$127.89M.