Financial Snapshot

Revenue
$190.3M
TTM
Gross Margin
56.63%
TTM
Net Earnings
-$52.15M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
67.05%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$74.07M
Q3 2024
Cash
Q3 2024
P/E
-3.775
Nov 29, 2024 EST
Free Cash Flow
-$29.55M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $252.7M $436.7M $397.6M $321.3M $317.9M $307.3M
YoY Change -42.14% 9.84% 23.73% 1.07% 3.47%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $252.7M $436.7M $397.6M $321.3M $317.9M $307.3M
Cost Of Revenue $138.1M $261.8M $207.4M $140.3M $150.4M $169.6M
Gross Profit $114.6M $174.9M $190.2M $181.0M $167.6M $137.6M
Gross Profit Margin 45.36% 40.04% 47.83% 56.34% 52.71% 44.79%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $115.3M $189.0M $167.5M $133.7M $167.3M $169.4M
YoY Change -38.99% 12.81% 25.27% -20.04% -1.24%
% of Gross Profit 100.61% 108.08% 88.1% 73.88% 99.81% 123.06%
Research & Development $11.18M $30.60M $24.93M $17.67M $21.13M $26.52M
YoY Change -63.46% 22.74% 41.08% -16.38% -20.32%
% of Gross Profit 9.75% 17.5% 13.11% 9.76% 12.61% 19.27%
Depreciation & Amortization $21.94M $35.07M $22.86M $17.49M $19.45M $21.83M
YoY Change -37.44% 53.43% 30.73% -10.1% -10.89%
% of Gross Profit 19.14% 20.06% 12.02% 9.66% 11.61% 15.86%
Operating Expenses $148.4M $219.6M $192.5M $151.4M $188.4M $217.7M
YoY Change -32.4% 14.1% 27.11% -19.63% -13.46%
Operating Profit -$33.82M -$184.3M -$25.15M $12.14M -$40.27M -$80.08M
YoY Change -81.65% 632.71% -307.23% -130.14% -49.71%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$18.30M -$16.46M $23.86M
YoY Change 11.19% -168.99%
% of Operating Profit
Other Income/Expense, Net -$779.0K -$3.076M -$2.740M $1.593M $1.598M $2.474M
YoY Change -74.67% 12.26% -272.0% -0.31% -35.41%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$58.73M -$199.3M -$528.0K $12.10M -$37.28M -$77.60M
YoY Change -70.53% 37646.21% -104.36% -132.45% -51.97%
Income Tax $1.602M $2.026M -$26.40M $941.0K -$358.0K $902.0K
% Of Pretax Income 7.78%
Net Earnings -$88.58M -$201.0M $24.71M $10.34M -$37.19M -$77.54M
YoY Change -55.92% -913.2% 139.09% -127.79% -52.03%
Net Earnings / Revenue -35.06% -46.02% 6.22% 3.22% -11.7% -25.24%
Basic Earnings Per Share -$0.62 -$1.45 $0.00 $0.00 -$3.15
Diluted Earnings Per Share -$0.61 -$1.45 -$0.03 $0.00 -$3.15 -$582.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $35.64M $55.77M $79.73M $90.63M $58.52M
YoY Change -36.1% -30.05% -12.02% 54.85%
Cash & Equivalents $35.64M $55.77M $79.73M $90.63M $58.52M
Short-Term Investments
Other Short-Term Assets $21.46M $26.37M $29.02M $11.64M $12.30M
YoY Change -18.63% -9.11% 149.2% -5.31%
Inventory
Prepaid Expenses
Receivables $75.69M $116.5M $142.9M $106.3M $99.50M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $132.8M $198.6M $251.7M $208.5M $170.3M
YoY Change -33.14% -21.08% 20.69% 22.43%
Property, Plant & Equipment $58.57M $84.36M $23.05M $25.55M $29.54M
YoY Change -30.57% 265.93% -9.76% -13.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $113.6M $14.79M $14.56M $28.57M $29.39M
YoY Change 668.07% 1.61% -49.05% -2.81%
Total Long-Term Assets $278.7M $331.4M $385.6M $70.67M $74.81M
YoY Change -15.9% -14.06% 445.56% -5.53%
Total Assets $411.5M $530.0M $637.2M $279.2M $245.1M
YoY Change
Accounts Payable $46.38M $29.33M $16.02M $8.413M $9.954M
YoY Change 58.13% 83.02% 90.48% -15.48%
Accrued Expenses $50.14M $80.81M $68.82M $40.36M $36.99M
YoY Change -37.95% 17.42% 70.51% 9.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $125.0M
YoY Change
Total Short-Term Liabilities $227.8M $122.9M $94.15M $57.23M $51.66M
YoY Change 85.39% 30.51% 64.51% 10.77%
Long-Term Debt $33.84M $152.3M $141.9M $20.40M $0.00
YoY Change -77.78% 7.31% 595.62%
Other Long-Term Liabilities $38.69M $60.29M $26.31M $19.69M $21.97M
YoY Change -35.83% 129.17% 33.64% -10.41%
Total Long-Term Liabilities $72.53M $212.5M $168.2M $40.08M $21.97M
YoY Change -65.88% 26.37% 319.61% 82.41%
Total Liabilities $302.6M $338.8M $266.7M $98.16M $73.66M
YoY Change -10.66% 27.03% 171.68% 33.25%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 143.1M shares 138.1M shares 27.05M 11.94M 11.80M
Diluted Shares Outstanding 143.1M shares 138.1M shares 28.00M 11.94M 11.80M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $196.85 Million

About BuzzFeed, Inc.

BuzzFeed Inc is a US-based company operating in Interactive Media & Services industry. The company is headquartered in New York City, New York and currently employs 925 full-time employees. The company went IPO on 2021-01-12. BuzzFeed, Inc. is a digital media company for the diverse, online, and socially connected generations across entertainment, news, food, pop culture and commerce. Its brands drive conversation and inspire what audiences watch, read and buy. Its brands include BuzzFeed, HuffPost, Tasty, and First We Feast (including Hot Ones). Its flagship BuzzFeed brand has become a go-to authority for curating entertainment, pop culture and the Internet. With articles, lists, quizzes, videos, and original series. HuffPost is a global media platform for news, politics, opinion, entertainment, features, and lifestyle content. Tasty is engaged in food community on the Internet, pioneering the overhead video format that is across food brands, and is a platform for food creators. The company provides its advertising customers with a range of offerings, including display, programmatic and video advertising inventory to target users on its owned and operated sites, applications and third-party platforms.

Industry: Communications Services, NEC Peers: Alphabet Inc. Arena Group Holdings, Inc. DHI GROUP, INC. Vinco Ventures, Inc. EverQuote, Inc. Liberty TripAdvisor Holdings, Inc. MediaAlpha, Inc. Outbrain Inc. QUINSTREET, INC TrueCar, Inc.