Grindr Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	319.1	259.69	195.02	145.83	104.46	108.7
Revenue Growth (YoY)	31.79%	33.16%	33.72%	39.60%	-3.90%	-
Cost of Revenue	81.82	67.46	51.28	37.36	31.42	27.55
Gross Profit	237.28	192.23	143.74	108.48	73.04	81.15
Selling, General & Admin	101.94	78.08	67.07	24.85	31.25	32.57
Research & Development	26.65	29.33	17.9	10.91	14.41	11.06
Operating Expenses	145.08	133.14	121.81	78.63	72.71	71.04
Operating Income	92.2	59.1	21.93	29.84	0.33	10.11
Interest Expense	-30.57	-46.01	-19.53	-17.6	-11.4	-
Interest & Investment Income	-	-	-	-	0.28	0.39
Other Non Operating Income (Expenses)	-83.78	-49.6	18.34	-0.82	-3.62	-0.35
EBT Excluding Unusual Items	-22.14	-36.51	20.73	11.42	-14.41	10.15
Merger & Restructuring Charges	-	-	-6.5	-4.35	-	-
Asset Writedown	-1.31	-1.31	-0.67	-0.37	-1.24	-
Legal Settlements	-2.34	-2.34	-1.72	-1.91	-	-
Other Unusual Items	-11.58	-11.58	-11.85	1.51	-	-
Pretax Income	-37.38	-51.75	-0.01	6.3	-15.65	10.15
Income Tax Expense	14.54	4.02	-0.86	1.24	-2.57	2.44
Net Income	-51.91	-55.77	0.85	5.06	-13.07	7.71
Net Income to Common	-51.91	-55.77	0.85	5.06	-13.07	7.71
Net Income Growth	-	-	-83.18%	-	-	-
Shares Outstanding (Basic)	175	174	158	153	102	100
Shares Outstanding (Diluted)	175	174	159	153	102	101
Shares Change (YoY)	2.31%	9.43%	4.12%	50.33%	1.14%	-
EPS (Basic)	-0.30	-0.32	0.01	0.03	-0.13	0.08
EPS (Diluted)	-0.30	-0.32	0.01	0.03	-0.13	0.08
EPS Growth	-	-	-82.01%	-	-	-
Free Cash Flow	77.49	35.64	50.21	34.16	25.59	37.84
Free Cash Flow Per Share	0.44	0.20	0.32	0.22	0.25	0.38
Gross Margin	74.36%	74.02%	73.70%	74.38%	69.92%	74.66%
Operating Margin	28.89%	22.76%	11.24%	20.46%	0.32%	9.30%
Profit Margin	-16.27%	-21.47%	0.44%	3.47%	-12.51%	7.09%
Free Cash Flow Margin	24.28%	13.72%	25.75%	23.42%	24.50%	34.81%
EBITDA	106.14	82.28	57.87	72.65	27.01	37.17
EBITDA Margin	33.26%	31.68%	29.68%	49.81%	25.86%	34.19%
D&A For EBITDA	13.93	23.18	35.95	42.8	26.68	27.06
EBIT	92.2	59.1	21.93	29.84	0.33	10.11
EBIT Margin	28.89%	22.76%	11.24%	20.46%	0.32%	9.30%
Effective Tax Rate	-	-	-	19.62%	-	24.06%
Advertising Expenses	-	2.38	3.01	1.29	3.32	3.07

Source: S&P Capital IQ. Standard template. Financial Sources.