Summary
- Bumble has shown consistent revenue growth and an increasing discipline on costs.
- Additionally, it showed another quarter of positive free cash flow as well as consistently positive cash from operations.
- The product has strong brand perception on an anecdotal basis, with data on this available in the earnings release.
- Bumble's management appears to be focused on the long term and is working to diversify their offering and expand its geographic footprint.
- The situation overall appears to be that of a tech company with a proven business model that is still in growth mode, and I am inclined to be bullish on its future prospects.
For further details see:
Bumble: Solid Fundamentals For The Long Term