Bumble Q3 2022 earnings / total debt was USD 626.0 Million

 

https://ir.bumble.com/static-files/edb0457c-c604-47dc-a86d-d84fe1656a6a
https://ir.bumble.com/static-files/30913c6c-d518-45a1-a19c-3ea3393ab3ef
https://ir.bumble.com/news-releases/news-release-details/bumble-inc-announces-third-quarter-2022-results

Balance Sheet:
As of September 30, 2022, total cash and cash equivalents were USD 365.1 Million and total debt was USD 626.0 Million.

article: Bumble fumbles 17% as revenue results, forecast stumble
https://seekingalpha.com/news/3905090-bumble-stumbles-17-as-revenue-results-forecast-disappoint


SA article: Bumble Reaches Operating Breakeven But Growth Risks Rise
https://onlinedatingsoundbarrier.blogspot.com/2022/07/sa-article-bumble-reaches-operating.html

Bumble Inc. (BMBL) Q1 2022 Results / total debt was USD 622.3 Million.
https://onlinedatingsoundbarrier.blogspot.com/2022/05/bumble-inc-bmbl-q1-2022-results-total.html

TC article: Bumble is testing a speed-dating feature
https://onlinedatingsoundbarrier.blogspot.com/2022/10/tc-article-bumble-is-testing-speed.html

article: Bumble Sued by Fund Over Stock Sale Amid Undisclosed User Drop
https://onlinedatingsoundbarrier.blogspot.com/2022/09/article-bumble-sued-by-fund-over-stock.html

MTCH Q3 2022 results

https://s22.q4cdn.com/279430125/files/doc_financials/2022/q3/Earnings-Letter-Q3-2022-vF.pdf
https://seekingalpha.com/news/3899081-match-group-gaap-eps-of-0_44-in-line-revenue-of-809_55m-beats-15_06m

USD 3.9 Billion of long-term debt


MTCH Q2 2022 financials
https://onlinedatingsoundbarrier.blogspot.com/2022/08/mtch-q2-2022-financials.html

Billionaire Barry Diller Cut Final Ties With Tinder

 

 

 

Sold All His Match Group Shares For USD 1.9 Billion
https://www.forbes.com/sites/jemimamcevoy/2022/09/01/billionaire-barry-diller-severs-final-ties-with-tinder-sells-all-his-match-group-shares-for-19-billion/

Diller And Match Group Beat Delaware Suit Contesting USD 30 Billion Spinoff
https://www.law360.com/articles/1526784/-diller-and-match-group-beat-del-suit-contesting-30b-spinoff

MTCH Q2 2022 financials

 

 

https://s22.q4cdn.com/279430125/files/doc_financials/2022/q2/Earnings-Letter-Q2-2022-vF.pdf
Match Group GAAP EPS of -USD0.11, revenue of USD794.51M misses by USD10.97M
https://seekingalpha.com/news/3865312-match-group-gaap-eps-of-011-revenue-of-79451m-misses-by-1097m
https://seekingalpha.com/news/3865256-match-group-slides-21-amid-revenue-miss-downbeat-forecast-for-second-half

MTCH Q1 2022 financials
https://onlinedatingsoundbarrier.blogspot.com/2022/05/mtch-q1-2022-financials.html

REUTERS article about MTCH versus USA FTC

 

https://www.reuters.com/legal/litigation/pssst-matchcom-does-not-want-you-know-about-this-ftc-case-2022-07-06/

(Reuters) - The online dating company Match Group Inc really, really does not want anyone to know that it’s in a big fight with the U.S. Federal Trade Commission over the FTC’s investigation of a Match subsidiary that allegedly shared users’ photos with a facial recognition company.

article: Match Faces Probe Over Dating Photos’ Alleged Use in Database
https://onlinedatingsoundbarrier.blogspot.com/2022/06/article-match-faces-probe-over-dating.html

SA article: Match Group: With Domestic Paid Users Declining, This Company Offers More Risk Than Reward

 

The company only has ~USD 920 Million of cash on its books, and is encumbered by ~USD 3.90 Billion of debt. For a company that does "only" ~ USD 1 Billion of annual adjusted operating income, I'd say Match's debt load is already substantial and piling onto achieve buybacks may add to the company's risk profile.
https://seekingalpha.com/article/4507117-match-group-q1-earnings-domestic-paid-users-declining-more-risk

MTCH Q1 2022 financials
https://onlinedatingsoundbarrier.blogspot.com/2022/05/mtch-q1-2022-financials.html

MTCH Q1 2022 financials

 

https://www.onlinepersonalswatch.com/news/2022/05/match-group-q2-results-revenue-up-20-new-ceo.html

https://s22.q4cdn.com/279430125/files/doc_financials/2022/q1/Earnings-Letter-Q1-2022-vF.pdf

https://seekingalpha.com/news/3831459-match-group-ceo-resigning-shares-slip-8-after-earnings
https://seekingalpha.com/article/4506760-match-group-inc-mtch-ceo-shar-dubey-on-q1-2022-results-earnings-call-transcript
https://seekingalpha.com/news/3831397-match-group-pares-losses-amid-report-of-revenue-beat
Match shares declined 11% on Wednesday to USD70.32. The stock has declined almost 47% year to date.

MTCH Avoids USD844 Million in USA FTC Claims on Judge’s Ruling
https://onlinedatingsoundbarrier.blogspot.com/2022/03/mtch-avoids-usd844-million-in-usa-ftc.html

Match Group Financial Results - 2021 Revenue Just Under USD3B
https://onlinedatingsoundbarrier.blogspot.com/2022/02/match-group-financial-results-2021.html

MTCH Avoids USD844 Million in USA FTC Claims on Judge’s Ruling

 

Match must still defend against the FTC’s remaining claims, including that Match.com tricks users into subscribing by offering satisfaction guarantees with hidden strings, and that the app’s confusing and complicated online cancellation process continues billing customers who think they’ve canceled their accounts. The FTC also claims Match.com prematurely cuts off some subscribers’ access if they complain about the service.

Match said in court filings that it blocks 96% of bots and fake accounts from its site, and that it has alternative cancellation procedures that are less complex than its online version.

https://www.bloomberg.com/news/articles/2022-03-24/match-group-avoids-844-million-in-ftc-claims-on-judge-s-ruling



 *** Only way to sustain that huge revenue is creating fake profiles from inside to entice customers to subscribe. *** ???
https://onlinedatingsoundbarrier.blogspot.com/2016/05/only-way-to-sustain-that-huge-revenue.html


Match Gave Scammers, Predators Access to Dating Apps, Lawuit Says
https://onlinedatingsoundbarrier.blogspot.com/2021/03/match-gave-scammers-predators-access-to.html

 

MTCH Gets USA FTC's Misleading Dating Ad Suit Trimmed
https://onlinedatingsoundbarrier.blogspot.com/2022/03/mtch-gets-usa-ftcs-misleading-dating-ad.html

MTCH Gets USA FTC's Misleading Dating Ad Suit Trimmed

 

Law360 (March 24, 2022, 7:37 PM EDT) -- A Texas federal judge Thursday trimmed a Federal Trade Commission suit alleging Match Group Inc. employed a slew of unfair practices to ensnare customers, including message-generated advertisements, saying the online dating service company isn't liable for fraudulent messages written by third parties.
https://www.law360.com/telecom/articles/1477262/match-gets-ftc-s-misleading-dating-ad-suit-trimmed

https://techcrunch.com/2019/09/26/dating-app-maker-match-sued-by-ftc-for-fraud/
https://www.nytimes.com/2019/09/25/us/match-com-lawsuit-ftc.html
https://www.ftc.gov/news-events/news/press-releases/2019/09/ftc-sues-owner-online-dating-service-matchcom-using-fake-love-interest-ads-trick-consumers-paying

 
Match Group gets USA DOJ subpoena for documents relating to USA FTC complaint
http://onlinedatingsoundbarrier.blogspot.com/2019/09/match-group-gets-usa-doj-subpoena-for.html

 *** Only way to sustain that huge revenue is creating fake profiles from inside to entice customers to subscribe. *** ???
https://onlinedatingsoundbarrier.blogspot.com/2016/05/only-way-to-sustain-that-huge-revenue.html


Match Gave Scammers, Predators Access to Dating Apps, Lawuit Says
https://onlinedatingsoundbarrier.blogspot.com/2021/03/match-gave-scammers-predators-access-to.html

SA article: Match Group: Get Ready For A Rough Patch

 

https://seekingalpha.com/article/4484722-match-group-get-ready-for-a-rough-patch

Match Group Financial Results - 2021 Revenue Just Under USD3B
https://onlinedatingsoundbarrier.blogspot.com/2022/02/match-group-financial-results-2021.html

Match Group Financial Results - 2021 Revenue Just Under USD3B

 

https://www.onlinepersonalswatch.com/news/2022/02/match-group-financial-results-2021-revenue-just-under-3b.html

https://seekingalpha.com/article/4483587-match-group-inc-mtch-ceo-shar-dubey-on-q4-2021-results-earnings-call-transcript
https://s22.q4cdn.com/279430125/files/doc_financials/2021/q4/Earnings-Letter-Q4-2021-vF.pdf

NYP article: Tinder’s owner lowballed app’s value even as revenue surged, founder claims

 

https://nypost.com/2021/11/19/tinders-owner-lowballed-apps-value-even-as-revenue-surged-founder-claims/

Tinder co-founder lands in heated exchange with Barry Diller’s company lawyer
https://nypost.com/2021/11/16/tinder-co-founder-sean-rad-clashes-with-barry-dillers-lawyer/


“I can kind of conclusively say that I’ve never threatened anyone,” Barry Diller said in court.
https://onlinedatingsoundbarrier.blogspot.com/2021/11/i-can-kind-of-conclusively-say-that-ive.html


Tinder Founders’ USD 2.5 Billion Lawsuit Goes to Trial
https://www.globaldatinginsights.com/featured/tinder-founders-2-5-billion-lawsuit-goes-to-trial/

Tinder’s Sean Rad paid witness USD 2 Million before trial against Barry Diller’s company ???

 
https://us.newschant.com/business/tinders-sean-rad-paid-witness-2m-before-trial-against-barry-dillers-company/
https://nypost.com/2021/11/05/tinder-founders-witness-was-paid-2m-before-trial-against-barry-dillers-company-docs/
https://www.globaldatinginsights.com/featured/iac-accuses-sean-rad-of-paying-tinder-co-founders-for-testimony/


Match Group (MTCH) Q3 2021 report
https://onlinedatingsoundbarrier.blogspot.com/2021/11/match-group-mtch-q3-2021-report.html

"As of September 30, 2021, we had USD 523 Million in cash and cash equivalents and short-term investments and USD 3.8 Billion of long-term debt, including USD 1.7 Billion of Exchangeable Senior Notes.
Our USD 750 Million revolving credit facility was undrawn as of September 30, 2021."

 

Match Group (MTCH) Q3 2021 report

 

https://s22.q4cdn.com/279430125/files/doc_financials/2021/q3/Earnings-Letter-Q3-2021-vF.pdf

"As of September 30, 2021, we had USD 523 Million in cash and cash equivalents and short-term investments and USD 3.8 Billion of long-term debt, including USD 1.7 Billion of Exchangeable Senior Notes.
Our USD 750 Million revolving credit facility was undrawn as of September 30, 2021."

WSJ article "Bumble, Match Have Love Left to Give"
https://onlinedatingsoundbarrier.blogspot.com/2021/08/wsj-article-bumble-match-have-love-left.html
 

Bumble Inc. Announces Q2 2021 Results
https://onlinedatingsoundbarrier.blogspot.com/2021/08/bumble-inc-announces-second-quarter.html

Match Group (MTCH) Q2 2021 report
http://onlinedatingsoundbarrier.blogspot.com/2021/08/match-group-mtch-q2-2021-report.html

FUNNY: IDEA's Project 0d8 Helps Dating Services Improve
https://onlinedatingsoundbarrier.blogspot.com/2019/07/funny-ideas-project-0d8-helps-dating.html
Improvement is not innovation!
http://onlinedatingsoundbarrier.blogspot.com.ar/2018/01/mistakes-at-behavioral-economics-of.html

Online Dating sites have very big databases, in the range of 20,000,000 (twenty million) profiles, so the Big Five model or the HEXACO model are not enough for predictive purposes. That is why I suggest the 16PF6 test instead and another method to calculate similarity.

High precision in matching algorithms is precisely the key to open the door and leave the infancy of compatibility testing.
Without offering the NORMATIVE 16PF6 (or similar test measuring exactly the 16 personality factors) for serious dating, it will be impossible to innovate and revolutionize the Online Dating Industry.   

FT article: "Tinder founders go to court over bitter break-up with Barry Diller"

 

Creators of the dating app accuse media mogul of undervaluing their stake

https://www.ft.com/content/c603bb34-8bb0-42b8-b264-11833409d6b5


USD 2 Billion Lawsuit against Match Group (MTCH)
https://onlinedatingsoundbarrier.blogspot.com/2021/10/usd-2-billion-lawsuit-against-match.html

USD 2 Billion Lawsuit against Match Group (MTCH)

 

https://news.bloomberglaw.com/tech-and-telecom-law/match-iac-bring-in-new-trial-lawyer-for-2-billion-tinder-suit
https://aboutblaw.com/Z56
https://www.bloomberglaw.com/public/desktop/document/ManuallyCollectedComplaint/147?1634778188

 

UPDATE about MTCH Tinder Founders' Lawsuit
https://onlinedatingsoundbarrier.blogspot.com/2021/07/update-about-mtch-tinder-founders.html
Lawsuit against Match Group (MTCH)
https://onlinedatingsoundbarrier.blogspot.com/2021/05/lawsuit-against-match-group-mtch.html

 

 

 

LA article: One Woman boosting safety MTCH group

 

https://www.latimes.com/lifestyle/story/2021-08-19/how-one-woman-boosting-safety-match-tinder-hinge


weAttract Releases Controversial Report on Online Dating Industry
https://onlinedatingsoundbarrier.blogspot.com/2013/02/weattract-releases-controversial-report.html

WSJ article "Bumble, Match Have Love Left to Give"
https://onlinedatingsoundbarrier.blogspot.com/2021/08/wsj-article-bumble-match-have-love-left.html

Tinder will soon make voluntary ID Verification available globally
https://onlinedatingsoundbarrier.blogspot.com/2021/08/tinder-will-soon-make-voluntary-id.html
 

Match Group (MTCH) Q2 2021 report

 

 

https://seekingalpha.com/news/3724432-match-group-falls-4-on-light-profit-despite-strong-revenue-forecast
https://s22.q4cdn.com/279430125/files/doc_financials/2021/q2/Earnings-Letter-Q2-2021-vF.pdf

Match Group (MTCH) Q1 2021 report
http://onlinedatingsoundbarrier.blogspot.com/2021/05/match-group-mtch-q1-2021-report.html

SA article: Swiping Left On Match Group
https://onlinedatingsoundbarrier.blogspot.com/2021/05/sa-article-swiping-left-on-match-group.html

UPDATE about MTCH Tinder Founders' Lawsuit

 

https://www.law360.com/benefits/articles/1402694/tinder-gets-sex-misconduct-claims-cut-in-5b-founders-suit

 "Diller 'threatened to go after [Rad] for everything he has, his parents have, and anyone he knows has,'  if he pursued the matter, according to court papers"
https://onlinedatingsoundbarrier.blogspot.com/2021/05/diller-threatened-to-go-after-rad-for.html

La polémica entrevista de Sean Rad que lo distanció de Match Group
https://laverdadnoticias.com/mundo/La-polemica-entrevista-de-Sean-Rad-que-lo-distancio-de-Match-Group-20210709-0144.html

MTCH Hopes to Dismiss Securities Class Action Once and For All
https://onlinedatingsoundbarrier.blogspot.com/2021/07/mtch-hopes-to-dismiss-securities-class.html