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Mar 31, 2024
Grindr Q1 2024 Earnings Report
Grindr reported a strong start to 2024 with significant revenue growth and healthy margins.
Key Takeaways
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%.
Revenue grew by 35% year-over-year.
Operating income reached $19 million.
Net loss margin was 12.5%.
Adjusted EBITDA margin was 41.9%.
Forward Guidance
Grindr is focused on executing its long-term vision to build the 'Global Gayborhood in Your Pocket' with two new products in development.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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