Grindr Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	411.55	344.64	259.69	195.02	145.83	104.46
Revenue Growth (YoY)	28.97%	32.71%	33.16%	33.73%	39.60%	-3.90%
Cost of Revenue	104.91	87.58	67.46	51.28	37.36	31.42
Gross Profit	306.63	257.06	192.23	143.74	108.48	73.04
Selling, General & Admin	133.12	113.55	78.08	67.07	24.85	31.25
Research & Development	44.76	32.75	19.97	17.9	10.91	14.41
Operating Expenses	190	163.21	123.78	121.81	78.63	72.71
Operating Income	116.63	93.85	68.45	21.93	29.84	0.33
Interest Expense	-17.47	-25.62	-46.01	-19.53	-17.6	-11.4
Interest & Investment Income	-	-	-	-	-	0.28
Other Non Operating Income (Expenses)	-129.51	-185.27	-49.6	18.34	-0.82	-3.62
EBT Excluding Unusual Items	-30.35	-117.04	-27.16	20.73	11.42	-14.41
Merger & Restructuring Charges	-	-	-	-6.5	-4.35	-
Asset Writedown	-	-	-1.31	-0.67	-0.37	-1.24
Legal Settlements	-1.19	-1.19	-2.34	-1.72	-1.91	-
Other Unusual Items	-0.06	-0.06	-20.94	-11.85	1.51	-
Pretax Income	-31.6	-118.29	-51.75	-0.01	6.3	-15.65
Income Tax Expense	17.76	12.71	4.02	-0.86	1.24	-2.57
Net Income	-49.36	-131	-55.77	0.85	5.06	-13.07
Net Income to Common	-49.36	-131	-55.77	0.85	5.06	-13.07
Net Income Growth	-	-	-	-83.17%	-	-
Shares Outstanding (Basic)	188	176	174	158	153	102
Shares Outstanding (Diluted)	188	176	174	159	153	102
Shares Change (YoY)	7.16%	0.98%	9.43%	4.12%	50.33%	1.14%
EPS (Basic)	-0.26	-0.74	-0.32	0.01	0.03	-0.13
EPS (Diluted)	-0.31	-0.74	-0.32	0.01	0.03	-0.13
EPS Growth	-	-	-	-82.01%	-	-
Free Cash Flow	145.52	94.01	35.64	50.21	34.16	25.59
Free Cash Flow Per Share	0.77	0.54	0.20	0.32	0.22	0.25
Gross Margin	74.51%	74.59%	74.02%	73.70%	74.38%	69.92%
Operating Margin	28.34%	27.23%	26.36%	11.24%	20.46%	0.32%
Profit Margin	-11.99%	-38.01%	-21.48%	0.44%	3.47%	-12.51%
Free Cash Flow Margin	35.36%	27.28%	13.72%	25.75%	23.43%	24.50%
EBITDA	125.16	107.17	91.64	57.87	72.65	27.01
EBITDA Margin	30.41%	31.09%	35.29%	29.68%	49.81%	25.86%
D&A For EBITDA	8.53	13.32	23.18	35.95	42.8	26.68
EBIT	116.63	93.85	68.45	21.93	29.84	0.33
EBIT Margin	28.34%	27.23%	26.36%	11.24%	20.46%	0.32%
Effective Tax Rate	-	-	-	-	19.62%	-
Advertising Expenses	-	8.22	2.38	3.01	1.29	3.32

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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