Estados financieros detallados de Bumble Inc. (BMBL): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Bumble Inc. registró ingresos de $965.7M en el último ejercicio fiscal, con un CAGR de 5 años del 10.7%.
Márgenes de los últimos 12 meses: margen bruto 71.3%, margen operativo 8.7%, margen neto -59.0%. El flujo de caja libre creció a un CAGR del -37.0% en 5 años.
Al precio actual de $3.00, BMBL presenta beneficios negativos (P/E no significativo) y un ROE del -88.98%. La capitalización bursátil es de $391M.
Cuenta de Resultados (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $360.1M | $488.9M | $582.2M | $760.9M | $903.5M | $1.05B | $1.07B | $965.7M |
| Coste de Ventas | $110.3M | $146.5M | $249.6M | $312.2M | $339.2M | $375.9M | $388.5M | $306.5M |
| Beneficio Bruto | $249.8M | $342.4M | $332.6M | $448.7M | $564.3M | $676.0M | $683.2M | $659.2M |
| I+D | $37.5M | $39.2M | $51.1M | $105.9M | $98.6M | $130.6M | $90.7M | $115.1M |
| Generales y Administrativos | $222.6M | $210.0M | $293.4M | $372.6M | $457.6M | $500.2M | $334.5M | $303.5M |
| Gastos Operativos | $266.1M | $249.2M | $344.4M | $478.5M | $556.2M | $630.8M | $425.1M | $405.0M |
| Beneficio Operativo | -$16.2M | $93.3M | -$11.9M | -$29.9M | $8.1M | $45.2M | $258.0M | $254.2M |
| EBITDA | -$10.3M | $100.9M | $80.0M | $82.6M | $102.4M | $116.8M | $600.0M | $509.1M |
| Gastos por Intereses | 0 | 0 | $202000 | $24.6M | $24.1M | $21.5M | $39.9M | $42.4M |
| Beneficio Antes de Impuestos | -$20.6M | $92.0M | -$134.3M | -$156.1M | -$110.7M | $5.3M | -$745.2M | -$861.0M |
| Impuestos | $3.0M | $6.1M | $8.5M | -$437.8M | $3.4M | $7.2M | $23.1M | $34.4M |
| Beneficio Neto | -$21.5M | $66.1M | -$145.5M | $309.8M | -$79.7M | -$4.2M | -$557.0M | -$693.1M |
| BPA | $-0.19 | $0.57 | $-1.26 | $2.40 | $-0.62 | $-0.03 | $-4.61 | $-5.95 |
| BPA Diluido | $-0.19 | $0.57 | $-1.26 | $2.40 | $-0.62 | $-0.03 | $-4.61 | $-5.95 |
| Acciones en Circulación (Diluidas) | $111.7M | $115.3M | $115.3M | $129.2M | $129.4M | $134.9M | $120.8M | $110.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $246.2M | $224.2M | $212.4M | $210.5M |
| Beneficio Bruto | $172.2M | $154.6M | $153.5M | $156.5M |
| Beneficio Operativo | $66.2M | $56.8M | $67.1M | -$112.0M |
| EBITDA | $70.8M | $61.8M | $71.5M | -$112.6M |
| Beneficio Neto | $37.3M | -$499.4M | $45.2M | -$110.1M |
| BPA | $0.48 | $-3.85 | $0.35 | $-0.84 |
| BPA Diluido | $0.48 | $-3.85 | $0.34 | $-0.84 |
Balance (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $33.3M | $57.4M | $128.0M | $369.2M | $402.6M | $355.6M | $204.3M | $175.8M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $28.3M | $104.3M | $108.0M | $81.1M | $78.7M | $106.9M | $99.7M | $102.0M |
| Inventario | $7.7M | $3.3M | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $96.9M | $169.8M | $251.0M | $469.5M | $501.4M | $493.1M | $342.2M | $305.3M |
| Inmovilizado Material | $11.9M | $30.3M | $28.5M | $41.0M | $31.9M | $27.9M | $19.7M | $17.1M |
| Fondo de Comercio | 0 | 0 | $1.54B | $1.54B | $1.58B | $1.59B | $1.39B | $732.7M |
| Activos Intangibles | $383000 | $1.2M | $1.81B | $1.70B | $1.52B | $1.48B | $748.9M | $351.5M |
| Activos Totales | $116.7M | $210.3M | $3.64B | $3.78B | $3.69B | $3.63B | $2.52B | $1.41B |
| Cuentas por Pagar | $8.3M | $8.1M | $23.7M | $19.2M | $3.4M | $4.6M | $6.6M | $9.2M |
| Deuda a Corto | 0 | 0 | $5.3M | $5.8M | $5.8M | $5.8M | $5.8M | $5.8M |
| Pasivos Corrientes | $77.8M | $121.5M | $241.3M | $176.0M | $211.7M | $244.9M | $138.6M | $138.0M |
| Deuda a Largo | 0 | 0 | $820.9M | $623.2M | $619.2M | $615.2M | $611.3M | $582.7M |
| Pasivos Totales | $151.9M | $180.6M | $1.55B | $1.31B | $1.24B | $1.29B | $1.18B | $744.0M |
| Reservas | -$24.8M | $23.4M | 0 | -$60.1M | -$139.9M | -$144.1M | -$701.1M | -$1.40B |
| Patrimonio Neto | -$26.9M | $23.7M | $2.08B | $1.61B | $1.63B | $1.64B | $824.5M | $560.2M |
| Deuda Total | 0 | $16.0M | $837.0M | $654.6M | $641.9M | $635.4M | $629.5M | $599.4M |
| Deuda Neta | -$33.3M | -$41.4M | $708.9M | $285.4M | $239.3M | $279.7M | $425.2M | $423.6M |
| Capital Circulante | $19.1M | $48.4M | $9.7M | $293.5M | $289.7M | $248.1M | $203.7M | $167.3M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $307.9M | $175.8M | $245.6M | $154.0M |
| Activos Totales | $2.19B | $1.41B | $1.47B | $1.22B |
| Pasivos Totales | $1.16B | $744.0M | $737.7M | $603.6M |
| Patrimonio Neto | $675.5M | $560.2M | $617.1M | $516.1M |
| Deuda Total | $600.1M | $599.4M | $597.3M | $459.8M |
Flujo de Caja (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$23.7M | $85.8M | -$145.5M | $281.7M | -$79.7M | -$4.2M | -$768.4M | -$702.4M |
| Amortizaciones | $6.0M | $6.7M | $91.8M | $107.1M | $94.3M | $71.5M | $70.6M | $25.9M |
| Compensación en Acciones | $255000 | $2.2M | 0 | $123.9M | 0 | 0 | $26.2M | $31.2M |
| Cambio en Capital Circulante | $91.9M | $7.1M | $34.4M | -$56.5M | -$34.9M | $8.7M | -$87.4M | $13.7M |
| Flujo de Caja Operativo | $71.8M | $101.4M | $2.41B | $104.8M | $132.9M | $182.1M | $123.4M | $250.4M |
| Inversiones (CapEx) | -$8.0M | -$9.7M | -$11.7M | -$13.7M | -$16.3M | -$14.9M | -$26.8M | -$11.7M |
| Adquisiciones | 0 | 0 | -$2.84B | 0 | -$69.7M | -$9.8M | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | -$1.99B | 0 | -$157.1M | -$214.3M | -$28.7M |
| Dividendos Pagados | -$37.2M | -$23.4M | -$360.0M | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $63.7M | $91.7M | $2.40B | $91.2M | $116.6M | $167.2M | $96.7M | $238.7M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $76.8M | $59.1M | $77.2M | $53.6M |
| Inversiones (CapEx) | -$3.0M | -$2.7M | -$3.4M | -$2.5M |
| Flujo de Caja Libre | $73.8M | $56.3M | $73.8M | $51.1M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $11.6M | $9.6M | $10.8M | $9.5M |
Crecimiento y Márgenes (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +35.8% | +19.1% | +30.7% | +18.7% | +16.4% | +1.9% | -9.9% |
| Crecimiento Beneficio Neto (anual) | | +407.4% | -319.9% | +313.0% | -125.7% | +94.7% | -13121.2% | -24.4% |
| Crecimiento BPA (anual) | | +400.0% | -321.1% | +290.5% | -125.8% | +95.0% | -14675.6% | -29.1% |
| Cambio en Acciones (anual) | | +3.3% | +0.0% | +12.0% | +0.2% | +4.3% | -10.5% | -8.9% |
| Crecimiento FCF (anual) | | +43.9% | +2518.6% | -96.2% | +27.9% | +43.3% | -42.2% | +146.9% |
| Margen Bruto | 69.4% | 70.0% | 57.1% | 59.0% | 62.5% | 64.3% | 63.7% | 68.3% |
| Margen Operativo | -4.5% | 19.1% | -2.0% | -3.9% | 0.9% | 4.3% | 24.1% | 26.3% |
| Margen EBITDA | -2.8% | 20.6% | 13.7% | 10.9% | 11.3% | 11.1% | 56.0% | 52.7% |
| Margen Neto | -6.0% | 13.5% | -25.0% | 40.7% | -8.8% | -0.4% | -52.0% | -71.8% |
| Margen FCF | 17.7% | 18.8% | 412.5% | 12.0% | 12.9% | 15.9% | 9.0% | 24.7% |
| Tasa Impositiva Efectiva | -14.7% | 6.7% | -6.3% | 280.5% | -3.1% | 135.2% | -3.1% | -4.0% |
Datos por Acción (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $0.57 | $0.80 | $20.82 | $0.71 | $0.90 | $1.24 | $0.80 | $2.17 |
| Dividendo por Acción | $0.33 | $0.20 | $3.12 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $111.7M | $115.3M | $115.3M | $129.2M | $129.4M | $134.9M | $120.8M | $110.1M |
Qué mirar en empresas de Communication Services
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | -88.98% |
| Rentabilidad sobre capital invertido | 7.06% |
| Rentabilidad sobre activos | -43.18% |
| Margen bruto | 71.29% |
| Margen operativo | 8.73% |
| Margen neto | -58.99% |
Salud financiera
| Deuda / Patrimonio | 0.89 |
| Ratio corriente | 1.62 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 0.40 |
Ratios Clave (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -370.05 | 123.35 | -55.80 | 14.11 | -33.95 | -472.44 | -1.77 | -0.60 |
| P/VC | -291.97 | 342.65 | 3.89 | 2.72 | 1.67 | 1.22 | 1.19 | 0.70 |
| P/V | 21.81 | 16.59 | 13.93 | 5.75 | 3.02 | 1.89 | 0.92 | 0.41 |
| Margen Bruto | 69.4% | 70.0% | 57.1% | 59.0% | 62.5% | 64.3% | 63.7% | 68.3% |
| Margen Operativo | -4.5% | 19.1% | -2.0% | -3.9% | 0.9% | 4.3% | 24.1% | 26.3% |
| Margen Neto | -6.0% | 13.5% | -25.0% | 40.7% | -8.8% | -0.4% | -52.0% | -71.8% |