Jun. 30 at 12:18 PM
$BMBL buyout range –likely outcome clustering around
$9–
$11 per share.
Revenue (trailing 12 months): about
$920–970 million.
Shares outstanding: about 130 million.
Total debt: about
$588 million.
Cash: about
$246 million.
Net debt: about
$342 million.
EV = Equity Value + Net Debt
Valuation scenarios
EV / Revenue Multiple Enterprise Value Equity Value Approx. Per Share
1.0×
$950M ~
$608M ~
$4.70
1.5×
$1.43B ~
$1.09B ~
$8.40
2.0×
$1.90B ~
$1.56B ~
$12.00
2.5×
$2.38B ~
$2.04B ~
$15.70
A globally recognized brand.
Positive EBITDA & strong cash generation despite declining revenue.
Improved margins after restructuring.
A rebuilt AI-focused product strategy.
Over 3M paying users.
Blackstone still owns about 17% of Bumble. A sale at
$10–12 per share would substantially increase the value of its remaining stake while allowing it to exit cleanly after years of ownership.
$SPY $MTCH $GRND
