BZFD RSI Chart
Last 7 days
13.4%
Last 30 days
54.7%
Last 90 days
163.2%
Trailing 12 Months
-21.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 230.3M | 0 | 0 | 0 |
2023 | 318.1M | 289.3M | 258.9M | 252.7M |
2022 | 402.7M | 420.4M | 434.0M | 342.6M |
2021 | 340.7M | 360.0M | 374.9M | 383.8M |
2020 | 318.8M | 319.6M | 320.5M | 321.3M |
2019 | 0 | 0 | 0 | 317.9M |
2018 | 0 | 0 | 0 | 307.3M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 29, 2024 | rothstein adam | acquired | - | - | 415,318 | - |
Apr 29, 2024 | coleman gregory | acquired | - | - | 76,910 | - |
Apr 29, 2024 | rolle janet l | acquired | - | - | 76,910 | - |
Apr 29, 2024 | acharia angela | acquired | - | - | 76,910 | - |
Mar 08, 2024 | omer matthew | sold (taxes) | -957 | 0.32 | -2,992 | cfo |
Mar 08, 2024 | omer matthew | acquired | - | - | 7,296 | cfo |
Mar 08, 2024 | arroyo david | acquired | - | - | 2,812 | clo |
Which funds bought or sold BZFD recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | JANE STREET GROUP, LLC | new | - | 35,321 | 35,321 | -% |
May 16, 2024 | Colony Group, LLC | new | - | 19,000 | 19,000 | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | reduced | -4.04 | 528 | 1,196 | -% |
May 15, 2024 | TWO SIGMA ADVISERS, LP | reduced | -3.08 | 2,635 | 5,885 | -% |
May 15, 2024 | NEA Management Company, LLC | unchanged | - | 3,328,990 | 7,162,460 | 0.44% |
May 15, 2024 | Tower Research Capital LLC (TRC) | sold off | -100 | -11,884 | - | -% |
May 15, 2024 | LMR Partners LLP | unchanged | - | 10,388 | 125,780 | -% |
May 15, 2024 | Davidson Kempner Capital Management LP | unchanged | - | 667 | 10,667 | -% |
May 15, 2024 | Quinn Opportunity Partners LLC | new | - | 486,820 | 486,820 | 0.05% |
May 15, 2024 | Quinn Opportunity Partners LLC | sold off | -100 | -193,054 | - | -% |
Unveiling BuzzFeed, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to BuzzFeed, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GOOG | 2.2T | 318.1B | 26.64 | 6.9 | ||||
META | 1.2T | 142.7B | 26.25 | 8.42 | ||||
DASH | 47.6B | 9.1B | -113.44 | 5.23 | ||||
SNAP | 27.2B | 4.8B | -20.91 | 5.64 | ||||
MID-CAP | ||||||||
MTCH | 8.3B | 3.4B | 12.69 | 2.41 | ||||
YELP | 2.5B | 1.4B | 21.95 | 1.85 | ||||
SMALL-CAP | ||||||||
GETY | 1.6B | 903.2M | 51.82 | 1.72 | ||||
EVER | 838.3M | 269.8M | -17.89 | 3.11 | ||||
GRPN | 662.7M | 516.4M | -17.2 | 1.28 | ||||
SCOR | 67.6M | 366.6M | -0.94 | 0.18 | ||||
IZEA | 45.8M | 34.4M | -5.86 | 1.33 | ||||
DGLY | 8.9M | 26.1M | -0.38 | 0.34 |
BuzzFeed, Inc. News
Income Statement (Quarterly) | ||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2018Q4 |
Revenue | 30.4% | 44,755,000 | 34,324,000 | 73,299,000 | 77,901,000 | 67,153,000 | 40,503,000 | 103,733,000 | 106,760,000 | 91,558,000 | 131,956,000 | 90,096,000 | 89,104,000 | 72,648,000 | 123,027,000 | 75,243,000 | - | - | - | - |
Costs and Expenses | 273.8% | 65,568,000 | 17,543,000 | 80,099,000 | 97,988,000 | 96,871,000 | 90,583,000 | 121,818,000 | 131,648,000 | 126,856,000 | 138,033,000 | 90,977,000 | 89,517,000 | 89,171,000 | 88,525,000 | 77,127,000 | - | - | - | - |
S&GA Expenses | 1324.2% | 9,145,000 | -747,000 | 10,300,000 | 14,135,000 | 15,301,000 | -5,515,000 | 16,317,000 | 18,688,000 | 17,803,000 | 19,063,000 | 11,218,000 | 11,574,000 | 11,378,000 | 10,856 | 11,995,000 | - | - | - | - |
R&D Expenses | 452.1% | 3,230,000 | 585,000 | 2,815,000 | 3,960,000 | 3,819,000 | 3,755,000 | 5,900,000 | 10,253,000 | 7,192,000 | 5,378,000 | 5,686,000 | 6,900,000 | 6,699,000 | 4,585,000 | 5,079,000 | - | - | - | - |
EBITDA Margin | 9.9% | -0.07 | -0.08 | -0.32 | -0.33 | -0.28 | -0.29 | -0.04 | -0.01 | 0.01 | 0.07 | 0.08 | 0.09 | 0.08 | 0.09 | -0.05 | -0.05 | -0.05 | -0.05 | -0.18 |
Interest Expenses | 263.5% | 1,419,000 | -868,000 | 5,904,000 | 5,631,000 | 5,418,000 | 599,000 | 5,171,000 | 5,032,000 | 4,789,000 | 3,634,000 | -487,000 | -373,000 | -278,000 | -1,131,000 | - | - | - | - | - |
Income Taxes | -52.5% | 682,000 | 1,437,000 | 55,000 | -37,000 | 147,000 | -333,000 | 890,000 | 1,796,000 | 350,000 | 2,262,000 | -353,000 | 158,000 | -4,816,000 | 1,738,000 | -12,000 | - | - | - | - |
Earnings Before Taxes | -235.3% | -25,887,000 | 19,134,000 | -13,877,000 | -27,873,000 | -36,114,000 | -45,676,000 | -26,103,000 | -21,785,000 | -44,216,000 | 21,828,000 | -3,935,000 | -631,000 | -16,141,000 | 34,035,000 | -2,142,000 | - | - | - | - |
EBT Margin | 9.4% | -0.21 | -0.23 | -0.48 | -0.47 | -0.41 | -0.40 | -0.16 | -0.11 | -0.07 | 0.00 | 0.04 | 0.04 | 0.04 | 0.04 | -0.12 | -0.12 | -0.12 | -0.12 | -0.25 |
Net Income | -224.2% | -35,729,000 | -11,020,000 | -13,722,000 | -27,836,000 | -36,001,000 | -105,442,000 | -26,856,000 | -23,765,000 | -44,894,000 | 40,447,000 | -3,786,000 | -582,000 | -11,367,000 | -11,306 | -2,192,000 | -6,093,000 | -13,624,000 | - | - |
Net Income Margin | -9.4% | -0.38 | -0.35 | -0.71 | -0.68 | -0.60 | -0.59 | -0.13 | -0.08 | -0.02 | 0.06 | -0.04 | -0.04 | -0.06 | -0.07 | -0.12 | -0.12 | -0.12 | -0.12 | -0.25 |
Free Cashflow | -242.8% | -13,388,000 | -3,906,000 | 5,040,000 | -7,620,000 | -581,000 | -856,000 | -5,796,000 | -5,402,000 | -1,227,000 | -13,295,000 | -5,176,000 | 5,674,000 | 8,611,000 | -960,827 | - | - | - | - | - |
Balance Sheet | ||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2019Q4 |
Assets | -27.3% | 299 | 411 | 431 | 446 | 469 | 530 | 618 | 637 | 656 | 637 | 330 | 289 | 289 | 279 | 245 |
Current Assets | 0.1% | 133 | 133 | 128 | 134 | 147 | 199 | 183 | 189 | 199 | 252 | 247 | 1.00 | 1.00 | 209 | 170 |
Cash Equivalents | 72.8% | 62.00 | 36.00 | 43.00 | 41.00 | 50.00 | 56.00 | 59.00 | 68.00 | 75.00 | 80.00 | 146 | 155 | 153 | 106 | 74.00 |
Net PPE | -12.9% | 10.00 | 12.00 | 13.00 | 15.00 | 16.00 | 18.00 | 19.00 | 21.00 | 23.00 | 23.00 | 23.00 | - | - | 26.00 | 30.00 |
Goodwill | 0.1% | 58.00 | 58.00 | 92.00 | 92.00 | 92.00 | 58.00 | 194 | 195 | 194 | 122 | 6.00 | - | - | - | - |
Liabilities | -25.7% | 223 | 300 | 309 | 313 | 311 | 335 | 320 | 316 | 321 | 262 | 101 | 14.00 | 10.00 | 97.00 | 74.00 |
Current Liabilities | -16.7% | 190 | 228 | 108 | 107 | 102 | 123 | 110 | 100 | 95.00 | 94.00 | 64.00 | 2.00 | 1.00 | 57.00 | 52.00 |
Long Term Debt | -100.0% | - | 34.00 | 157 | 156 | 152 | 152 | 151 | 149 | 143 | 142 | 20.00 | - | - | 20.00 | - |
LT Debt, Current | -19.6% | 100 | 125 | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 34.00 | 157 | 156 | 152 | 152 | 151 | 149 | 143 | 142 | 20.00 | - | - | 20.00 | - |
Shareholder's Equity | -30.3% | 76.00 | 109 | 119 | 134 | 158 | 191 | 298 | 321 | 332 | 373 | - | 5.00 | 5.00 | 0.00 | - |
Retained Earnings | -5.8% | -647 | -611 | -600 | -587 | -559 | -523 | -417 | -390 | -367 | -322 | -362 | -3.27 | -8.57 | -346 | -357 |
Additional Paid-In Capital | 0.1% | 724 | 723 | 722 | 720 | 717 | 716 | 713 | 710 | 700 | 696 | 98.00 | 8.00 | 4.00 | 36.00 | 36.00 |
Shares Outstanding | 2.3% | 37.00 | 36.00 | 36.00 | 35.00 | 35.00 | 35.00 | 34.00 | 34.00 | 34.00 | 7.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 |
Minority Interest | -9.0% | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 2.00 | 2.00 | 2.00 | - | - | - | - |
Float | - | - | - | - | 57.00 | - | - | - | 158 | - | - | - | 28.00 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2018Q4 |
Cashflow From Operations | -259.2% | -13,300 | -3,703 | 5,330 | -7,551 | -179 | 40.00 | -4,096 | -4,943 | 1,142 | -10,101 | -4,357 | 5,737 | 9,518 | -7.83 | - | - | - | - | - |
Share Based Compensation | 87.5% | 752 | 401 | 1,799 | 2,257 | 1,122 | 310 | 3,635 | 11,284 | 3,940 | 22,715 | 503 | 209 | 138 | 201 | - | - | - | - | - |
Cashflow From Investing | 3368.8% | 105,157 | -3,217 | -3,534 | -3,771 | -4,201 | -3,511 | -4,300 | -3,552 | -5,922 | -203,128 | -4,844 | -3,014 | 2,958 | -3,061 | - | - | - | - | - |
Cashflow From Financing | -149509.1% | -65,828 | -44.00 | -529 | 2,866 | -1,481 | 71.00 | -35.00 | 3,367 | -227 | 147,546 | 294 | -1,159 | 35,142 | 210 | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Revenue | $ 44,755 | $ 54,907 |
Costs and Expenses | ||
Cost of revenue, excluding depreciation and amortization | 31,063 | 37,237 |
Sales and marketing | 9,145 | 11,908 |
General and administrative | 16,249 | 21,410 |
Research and development | 3,230 | 3,128 |
Depreciation and amortization | 5,881 | 5,704 |
Total costs and expenses | 65,568 | 79,387 |
Loss from continuing operations | (20,813) | (24,480) |
Other (expense) income, net | (556) | 620 |
Interest expense, net | (4,481) | (3,787) |
Change in fair value of warrant liabilities | (37) | (593) |
Change in fair value of derivative liability | 0 | (1,005) |
Loss from continuing operations before income taxes | (25,887) | (29,245) |
Income tax provision | 682 | 147 |
Net loss from continuing operations | (26,569) | (29,392) |
Net loss from discontinued operations, net of tax | (9,213) | (6,869) |
Net loss | (35,782) | (36,261) |
Less: net loss attributable to noncontrolling interests | (53) | (260) |
Net loss attributable to BuzzFeed, Inc. | (35,729) | (36,001) |
Net loss from continuing operations attributable to holders of Class A and Class B common stock: | ||
Basic | (26,516) | (29,132) |
Diluted | $ (26,516) | $ (29,132) |
Net loss from continuing operations per Class A and Class B common share: | ||
Basic (in dollars per share) | $ (0.72) | $ (0.83) |
Diluted (in dollars per share) | $ (0.72) | $ (0.83) |
Weighted average common shares outstanding: | ||
Basic (in shares) | 36,578 | 35,176 |
Diluted (in shares) | 36,578 | 35,176 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 44,457 | $ 35,637 |
Restricted cash | 17,050 | 0 |
Accounts receivable (net of allowance for doubtful accounts of $1,351 as at March 31, 2024 and $1,424 as at December 31, 2023) | 50,982 | 75,692 |
Prepaid expenses and other current assets | 20,424 | 21,460 |
Current assets of discontinued operations | 0 | 0 |
Total current assets | 132,913 | 132,789 |
Property and equipment, net | 10,324 | 11,856 |
Right-of-use assets | 42,430 | 46,715 |
Capitalized software costs, net | 22,142 | 22,292 |
Intangible assets, net | 25,801 | 26,665 |
Goodwill | 57,562 | 57,562 |
Prepaid expenses and other assets | 7,865 | 9,508 |
Noncurrent assets of discontinued operations | 0 | 104,089 |
Total assets | 299,037 | 411,476 |
Current liabilities | ||
Accounts payable | 22,544 | 46,378 |
Accrued expenses | 16,532 | 15,515 |
Deferred revenue | 2,401 | 1,895 |
Accrued compensation | 19,002 | 12,970 |
Current lease liabilities | 22,476 | 21,659 |
Current debt | 100,435 | 124,977 |
Other current liabilities | 6,347 | 4,401 |
Current liabilities of discontinued operations | 0 | 0 |
Total current liabilities | 189,737 | 227,795 |
Noncurrent lease liabilities | 31,858 | 37,820 |
Debt | 0 | 33,837 |
Warrant liabilities | 442 | 406 |
Other liabilities | 1,160 | 435 |
Noncurrent liabilities of discontinued operations | 0 | 0 |
Total liabilities | 223,197 | 300,293 |
Commitments and contingencies | ||
Stockholders’ equity | ||
Additional paid-in capital | 723,868 | 723,092 |
Accumulated deficit | (647,497) | (611,768) |
Accumulated other comprehensive loss | (2,677) | (2,500) |
Total BuzzFeed, Inc. stockholders’ equity | 73,698 | 108,828 |
Noncontrolling interests | 2,142 | 2,355 |
Total stockholders’ equity | 75,840 | 111,183 |
Total liabilities and stockholders’ equity | 299,037 | 411,476 |
Class A Common Stock | ||
Stockholders’ equity | ||
Common stock | 3 | 3 |
Class B Common Stock | ||
Stockholders’ equity | ||
Common stock | $ 1 | $ 1 |