Grindr Earnings Reports

Grindr achieved record-breaking engagement levels and strong financial performance in Q4 2024. Total revenue increased by 35% year-over-year to $98 million, driven by solid growth in both subscription-based revenue and advertising. Operating income reached $20 million, while Adjusted EBITDA grew 36% year-over-year. Despite reporting a net loss of $124 million, the loss was primarily due to a non-cash fair value adjustment of warrants. Key user metrics, including MAUs, paying users, and ARPPU, all reached all-time highs.

Grindr Inc. reported a 27% increase in revenue for the third quarter of 2024, reaching $89 million. The company's net income was $25 million, representing a net income margin of 28%. Adjusted EBITDA stood at $40 million, with an adjusted EBITDA margin of 45%. The company also raised its full-year 2024 revenue growth guidance to 29% or greater.

Grindr Inc. reported strong second quarter results with a 34% revenue increase to $82 million. The company raised its full-year guidance to 27% or greater revenue growth and a 42%+ Adjusted EBITDA margin. Operating income was $25 million, with a net loss margin of 27% and an Adjusted EBITDA margin of 45%.

Grindr Inc. reported first quarter 2024 revenue of $75 million, a 35% increase year-over-year. The company's operating income was $19 million, with a net loss margin of 12.5% and an adjusted EBITDA margin of 41.9%.

Grindr Inc. reported its Q4 and full year 2023 financial results, with full year revenue reaching $260 million. The company saw solid growth in paying users and high user engagement, with 121 billion chats sent on the platform during the year.

Grindr Inc. reported a 39% increase in revenue for the third quarter of 2023, reaching $70.3 million. The company experienced a net loss of $0.4 million with a 1% net loss margin, but achieved an operating income of $16.6 million. Based on these results, Grindr raised its full year 2023 guidance to 31% or greater revenue growth and 41%+ adjusted EBITDA margin.

Grindr Inc. reported a strong second quarter with a 32% increase in revenue, reaching $61.5 million. Net income was $22.3 million, with a net income margin of 36%. The company has raised its full-year guidance to 28% or greater revenue growth and 41%+ adjusted EBITDA margin.

Grindr Inc. reported a 28% increase in first-quarter revenue, reaching $55.809 million. The company's operating income was $8.6 million, with an adjusted EBITDA of $22 million and an adjusted EBITDA margin of 39%. Grindr is maintaining its FY 2023 guidance of 25% or greater revenue growth and a 38%+ adjusted EBITDA margin.

Grindr Inc. reported its Q4 and full year 2022 earnings, demonstrating substantial growth in revenue and adjusted EBITDA. The company's revenue from paying users increased by 41% in 2022, setting a foundation for long-term growth and value creation.