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Shares of the company have also been performing well, posting year-to-date gains of about 18.3% as of March 1. The company generated revenues of about $241.63 million in that quarter, beating analyst estimates by $5.73 million and demonstrating a year-over-year increase of 16.04%. In many ways, analysts were right to expect dating website companies to turn a profit in 2022, as seen by the performance of Bumble Inc. (NASDAQ:MTCH) to generate over $4 billion in revenues for the financial year of 2022. According to a Wall Street Journal article published in July, analysts unsurprisingly expected companies like Bumble Inc. (NASDAQ: META) - after the introduction of Facebook Dating - have begun profiting even more than before. (NASDAQ: MTCH), and even Meta Platforms, Inc. The result of the above trend is that major dating website managers like Bumble Inc.