← BuzzFeed, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($36.9m) | $11.2m | $25.9m | ($201.3m) | ($89.3m) | ($9.9m) | ($57.3m) | — | |
| Net loss from continuing operations | — | — | $3.9m | ($140.5m) | ($60.3m) | ($34.0m) | ($57.3m) | — | |
| Depreciation and amortization | $19.4m | $17.5m | $22.9m | $35.1m | $21.9m | $19.1m | $15.8m | $15.5m | |
| Amortization of debt discount and deferred issuance costs | — | $0 | $326k | $5.4m | $4.9m | $6.1m | $7.1m | — | |
| Deferred income tax | ($1k) | $112k | ($28.1m) | ($1.6m) | $3.2m | ($304k) | $88k | ($3k) | |
| Stock-based compensation | $2.8m | $1.2m | $23.6m | $21.6m | $5.6m | $5.5m | $5.8m | $6.2m | |
| Impairment expense | — | $0 | $0 | $104.5m | $0 | $0 | $30.2m | — | |
| Accounts receivable | $4.4m | ($7.1m) | ($13.0m) | $23.9m | $40.7m | $25.8m | $4.4m | $7.1m | |
| Accounts payable | ($4.6m) | ($1.5m) | $3.5m | $11.6m | $19.3m | ($30.5m) | $5.2m | $8.1m | |
| Accrued compensation | $488k | $1.4m | $2.3m | ($5.7m) | ($18.1m) | ($474k) | ($3.9m) | — | |
| Accrued expenses, other current liabilities, and other liabilities | $6.3m | $2.1m | ($1.8m) | ($2.8m) | ($12.6m) | $3.3m | ($7.4m) | — | |
| Deferred revenue | ($2.5m) | $1.0m | ($5.8m) | $7.2m | ($6.9m) | ($1.2m) | $6.3m | — | |
| Prepaid expenses and other current assets and prepaid expenses and other assets | ($6.4m) | $2.5m | $2.4m | $2.5m | $4.8m | $6.1m | ($224k) | — | |
| Cash used in operating activities from continuing operations | ($20.2m) | $27.6m | ($22.0m) | $597k | $589k | ($5.7m) | ($18.7m) | ($15.3m) | |
| Cash used in operating activities from discontinued operations | ($20.2m) | $27.6m | $22.8m | ($8.5m) | ($6.7m) | ($15.0m) | $0 | ($15.3m) | |
| Cash used in operating activities | ($20.2m) | $27.6m | $797k | ($7.9m) | ($6.1m) | ($20.7m) | ($18.7m) | ($15.3m) | |
| Capital expenditures | ($423k) | ($4.7m) | ($5.0m) | ($5.4m) | ($964k) | ($691k) | ($2.0m) | ($14.4m) | |
| Cash used in investing activities from continuing operations | — | — | ($208.0m) | ($17.3m) | ($14.7m) | ($12.4m) | ($14.1m) | — | |
| Cash provided by investing activities from discontinued operations | — | — | $0 | $0 | $0 | $191.1m | $0 | — | |
| Borrowings from Term Loan | — | — | — | — | $0 | $0 | $44.0m | — | |
| Borrowings from film financing arrangements | — | $217.4m | $0 | $0 | $0 | $0 | $13.6m | — | |
| Borrowings on revolving credit facility | — | $19.9m | $9.0m | $5.0m | $2.1m | $0 | $0 | — | |
| Payment of Term Loan's debt issuance costs | — | — | — | — | $0 | $0 | ($754k) | — | |
| Repurchase of common stock | — | — | — | — | $0 | $0 | ($3.3m) | — | |
| Proceeds from the issuance of common stock in connection with the at-the-market offering, net of issuance costs | — | — | $0 | $0 | $902k | $1.0m | ($175k) | — | |
| Cash provided by (used in) financing activities | $195k |
$19.5m
+9876.92%
|
$181.8m
+834.58%
|
$3.2m
-98.25%
|
$812k
-74.43%
|
($154.6m)
-19139.41%
|
$21.6m
+113.97%
|
— | |
| Net (decrease) increase in cash and cash equivalents | ($3.4m) | $32.1m | ($26.4m) | ($24.0m) | ($20.1m) | $3.0m | ($10.9m) | — | |
| Cash and cash equivalents and restricted cash at beginning of year | — | — | — | — | $35.6m | $38.6m | $27.7m | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Less: net (income) loss from discontinued operations, net of tax | — | — | ($22.0m) | $60.8m | $29.0m | ($24.0m) | $0 | — | |
| Unrealized gain on foreign currency | $209k | ($2.6m) | $1.8m | $5.4m | ($1.1m) | ($872k) | ($1.2m) | — | |
| Change in fair value of warrants | — | $0 | ($4.7m) | ($4.5m) | $11k | $1.4m | ($1.5m) | — | |
| Change in fair value of derivative liability | — | $0 | ($26.7m) | ($4.7m) | ($180k) | $0 | $0 | — | |
| Loss (gain) on disposition of assets | ($1.0m) | $254k | $220k | ($500k) | ($175k) | ($1.2m) | $800k | — | |
| Loss on investment | — | ($500k) | $0 | ($1.3m) | $3.5m | $0 | $0 | — | |
| Provision for doubtful accounts | $67k | $322k | ($161k) | $785k | ($581k) | ($385k) | ($356k) | — | |
| Noncash lease expense | — | $0 | $0 | $19.9m | $20.0m | $18.1m | $17.5m | — | |
| Film costs | — | — | — | — | ($1.7m) | ($5k) | ($18.5m) | — | |
| Lease liabilities | — | $0 | $0 | ($23.2m) | ($23.4m) | ($22.2m) | ($21.5m) | — | |
| Capitalization of internal-use software | ($8.2m) | ($9.8m) | ($11.0m) | ($12.4m) | ($13.9m) | ($12.1m) | ($12.4m) | — | |
| Business combinations, net of cash acquired | — | $0 | ($189.9m) | $0 | $0 | $0 | ($233k) | — | |
| Proceeds from sale of assets | — | $0 | $0 | $500k | $175k | $350k | $525k | — | |
| Cash (used in) provided by investing activities | $16.4m | ($14.8m) | ($208.0m) | ($17.3m) | ($14.7m) | $178.7m | ($14.1m) | — | |
| Proceeds from co-financing arrangements for feature films | — | — | — | — | $0 | $0 | $5.1m | — | |
| Payment on Convertible Notes | — | — | — | $0 | $0 | ($120.0m) | ($30.0m) | — | |
| Payment of consent solicitation fees | — | — | — | $0 | $0 | ($900k) | ($2.1m) | — | |
| Payment of film financing arrangements for feature films | — | — | — | — | $0 | $0 | ($2.6m) | — | |
| Payment on revolving credit facility | — | ($218.0m) | ($1.3m) | $0 | ($1.8m) | ($33.8m) | $0 | — | |
| Payment of early termination fee for revolving credit facility | — | — | — | $0 | $0 | ($500k) | $0 | — | |
| Proceeds from exercise of stock options | $195k | $159k | $7.0m | $459k | $29k | $1k | $16k | — | |
| Payment for shares withheld for employee taxes | — | $0 | $0 | ($1.7m) | ($451k) | ($394k) | ($224k) | — | |
| Distributions to noncontrolling interests | — | — | — | — | $0 | $0 | ($1.9m) | — | |
| Effect of currency translation on cash and cash equivalents | $264k | ($103k) | ($985k) | ($2.0m) | ($123k) | ($366k) | $309k | — |