Badoo is the largest, fastest growing Social Network for Meeting New People in the world and market leader for meeting, chatting, flirting & dating in Europe, South America and Asia. With over 200 million users in over 191 countries using the site in 44 languages, Badoo.com is a truly global, multi-lingual, location-based, “meeting network", focused on chatting, flirting and meeting new people. Badoo was launched in 2006, by a small international group of young, forward thinking programmers and tech entrepreneurs. Their vision was to use the most advanced technologies available to create an elegantly modern, fast and easy way for people to meet new people in their area - and have fun doing it. The scope would be global, but adapted to local needs. It worked
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2006
Size (employees)
612 (est)
Website
badoo.com
Badoo was founded in 2006 and is headquartered in London, GB

Key People at Badoo

Andrey Andreev

Andrey Andreev

Founder
VP Engineering

VP Engineering

Gene Sokolov

Badoo Office Locations

Badoo has an office in London

Badoo Data and Metrics

Summary Metrics

Founding Date

2006

Total Funding

$30.4 m

Latest funding size

$30.4 m

Time since last funding

over 9 years

Investors

Badoo's latest funding round in January 2008 was reported to be $30.4 m. In total, Badoo has raised $30.4 m

Badoo Financial Metrics

Badoo's revenue was reported to be £6.1 m in FY, 2015 which is a 41% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

6.1 m

Revenue growth (FY, 2014 - FY, 2015), %

41%

Gross profit (FY, 2015)

604.6 k

Gross profit margin (FY, 2015), %

10%

Net income (FY, 2015)

417.8 k

Cash (31-Dec-2015)

93.5 k
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Revenue

2.8 m4.3 m6.1 m

Revenue growth, %

52%41%

Cost of goods sold

2.6 m3.9 m5.5 m

Gross profit

227.3 k374.4 k604.6 k

Gross profit Margin, %

8%9%10%

Operating expense total

(291.4 k)74.6 k49.5 k

Pre tax profit

518.6 k299.8 k528.7 k

Net Income

397.7 k235 k417.8 k
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash

145.8 k300.9 k93.5 k

Current Assets

2.7 m2.9 m2.1 m

PP&E

4.8 k

Total Assets

2.7 m2.9 m2.1 m

Accounts Payable

25 k42 k35.8 k

Current Liabilities

1.3 m2.5 m1.3 m

Retained Earnings

397.7 k(1 m)417.8 k

Total Equity

1.3 m340 k766.1 k

Financial Leverage

2 x8.5 x2.7 x
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(207.4 k)

Income Taxes Paid

(121 k)(64.8 k)(110.9 k)
Y, 2015

Financial Leverage

2.7 x

Badoo Online and Social Media Presence

Badoo News and Updates

Badoo Company Life and Culture

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