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Buzzfeed Inc
Previous close
$2.51
Day range
$2.30 - $2.53
Year range
$0.64 - $4.56
Market cap
89.20M USD
Avg Volume
308.89K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Top news
Opinion
Financials
Income Statement
Revenue
Net income
| (USD) | Jun 2024info | Y/Y change |
|---|---|---|
Revenue | 46.93M | -24.46% |
Operating expense | 26.14M | -29.50% |
Net income | -7.49M | 73.10% |
Net profit margin | -15.95 | 64.40% |
Earnings per share | — | — |
EBITDA | -1.95M | 71.29% |
Effective tax rate | 2.64% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Jun 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 45.46M | 10.09% |
Total assets | 272.85M | -38.88% |
Total liabilities | 203.54M | -34.93% |
Total equity | 69.32M | — |
Shares outstanding | 37.79M | — |
Price to book | 1.39 | — |
Return on assets | -3.68% | — |
Return on capital | -4.68% | — |
Cash Flow
Net change in cash
| (USD) | Jun 2024info | Y/Y change |
|---|---|---|
Net income | -7.49M | 73.10% |
Cash from operations | -12.40M | -64.27% |
Cash from investing | -2.86M | 24.29% |
Cash from financing | -568.00K | -119.82% |
Net change in cash | -16.05M | -85.46% |
Free cash flow | 6.27M | 12.93% |
About
BuzzFeed, Inc. is an American Internet media, news and entertainment company with a focus on digital media. Based in New York City, BuzzFeed was founded in 2006 by Jonah Peretti and John S. Johnson III to focus on tracking viral content. Kenneth Lerer, co-founder and chairman of The Huffington Post, started as a co-founder and investor in BuzzFeed and is now the executive chairman.
Originally known for online quizzes, "listicles", and pop culture articles, the company has grown into a global media and technology company, providing coverage on a variety of topics including politics, DIY, animals, and business. BuzzFeed generates revenue through native advertising, a strategy that helps increase the likelihood of viewers reading through the content of advertisements.
In late 2011, BuzzFeed hired Ben Smith of Politico as editor-in-chief, to expand the site into long-form journalism and reportage under the BuzzFeed News banner. After years of investment in investigative journalism, by 2021 BuzzFeed News had won the National Magazine Award, the George Polk Award, and the Pulitzer Prize, and was nominated for the Michael Kelly Award. Wikipedia
Founded
Nov 1, 2006
Website
Employees
925
