BuzzFeed, Inc.BZFD

NasdaqMedia & TelecomCommunications Services, NEC
Price (close)
$1.04
Market cap
$57.3M
P/E
—
Revenue (TTM)
$170.7M
Net income
-$61.2M
Dividend yield
—
1-year total return
-39.9%
Net margin
-35.8%
Revenue growth
-12.1%
Debt / equity
0.68x

What BuzzFeed, Inc. does.

For convenience, the terms “BuzzFeed,” the “Company,” “we,” “us,” or “our” used in this Annual Report on Form 10-K refer to BuzzFeed, Inc. and one or more of our consolidated subsidiaries, unless the context otherwise requires.

On December 3, 2021, we consummated a business combination (the “Business Combination”) with 890 5th Avenue Partners, Inc. (“890”), certain wholly-owned subsidiaries of 890, and BuzzFeed, Inc., a Delaware corporation (“Legacy BuzzFeed”). In connection with the Business Combination, we acquired 100% of the membership interests of CM Partners, LLC. CM Partners, LLC, together with Complex Media, Inc., is referred to herein as “Complex Networks.” Following the closing of the Business Combination, 890 was renamed “BuzzFeed, Inc.”

BuzzFeed is a premier digital media company. Across pop culture, entertainment, shopping, food, and news, our brands drive conversation and inspire what audiences watch, read, and buy now — and into the future. Our iconic, globally-loved brands include BuzzFeed, HuffPost, and Tasty.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$321.3M$383.8M$325.8M$230.4M$189.9M$185.3M
Net income$10.3M$24.7M-$201.0M-$88.6M-$10.1M-$57.7M
Free cash flow$22.8M-$4.2M-$13.3M-$7.1M-$21.4M-$20.7M

More on BZFD.

Figures from BuzzFeed, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.