Bumble Inc. — Earnings Quality Grade F
BMBL · Communication Services
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 31 days, change -3 days YoY
AR growth -16.7% vs revenue growth -9.9%
Revenue -9.9%, CFFO 102.8%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -56.3% vs revenue -9.9%. Normal
SG&A/Gross Profit = 43.3%. Normal
Gross margin 70.8%, change +0.6pp. Stable
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
Small-cap context: Small-cap CFFO/NI often diverges from working-capital swings, not necessarily manipulation.
FCF $0.2B, FCF/NI = -0.34
Accruals ratio = -66.2%. Low accruals
Cash $0.2B covers only 29% of debt $0.6B
Balance Sheet Health
Goodwill+Intangibles $1.1B = 190% of equity. Over 50%
Debt/EBITDA = -0.8x. Healthy
Other assets -38.0% vs revenue -9.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -49% YoY. Normal
Manipulation Score
M-Score = -5.95 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25