Grindr Inc. (GRND)

Grindr Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	344.64	259.69	195.02	145.83	104.46
Revenue Growth (YoY)	32.71%	33.16%	33.73%	39.60%	-3.90%
Cost of Revenue	87.58	67.46	51.28	37.36	31.42
Gross Profit	257.06	192.23	143.74	108.48	73.04
Selling, General & Admin	113.55	78.08	67.07	24.85	31.25
Research & Development	32.81	29.33	17.9	10.91	14.41
Operating Expenses	163.27	133.14	121.81	78.63	72.71
Operating Income	93.79	59.1	21.93	29.84	0.33
Interest Expense	-25.62	-46.01	-19.53	-17.6	-11.4
Interest & Investment Income	-	-	-	-	0.28
Other Non Operating Income (Expenses)	-185.27	-49.6	18.34	-0.82	-3.62
EBT Excluding Unusual Items	-117.1	-36.51	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	-2.34	-1.72	-1.91	-
Other Unusual Items	-	-11.58	-11.85	1.51	-
Pretax Income	-118.29	-51.75	-0.01	6.3	-15.65
Income Tax Expense	12.71	4.02	-0.86	1.24	-2.57
Net Income	-131	-55.77	0.85	5.06	-13.07
Net Income to Common	-131	-55.77	0.85	5.06	-13.07
Net Income Growth	-	-	-83.17%	-	-
Shares Outstanding (Basic)	176	174	158	153	102
Shares Outstanding (Diluted)	176	174	159	153	102
Shares Change (YoY)	0.98%	9.43%	4.12%	50.33%	1.14%
EPS (Basic)	-0.74	-0.32	0.01	0.03	-0.13
EPS (Diluted)	-0.74	-0.32	0.01	0.03	-0.13
EPS Growth	-	-	-82.01%	-	-
Free Cash Flow	94.01	35.64	50.21	34.16	25.59
Free Cash Flow Per Share	0.54	0.20	0.32	0.22	0.25
Gross Margin	74.59%	74.02%	73.70%	74.38%	69.92%
Operating Margin	27.21%	22.76%	11.24%	20.46%	0.32%
Profit Margin	-38.01%	-21.48%	0.44%	3.47%	-12.51%
Free Cash Flow Margin	27.28%	13.72%	25.75%	23.43%	24.50%
EBITDA	107.11	82.28	57.87	72.65	27.01
EBITDA Margin	31.08%	31.68%	29.68%	49.81%	25.86%
D&A For EBITDA	13.32	23.18	35.95	42.8	26.68
EBIT	93.79	59.1	21.93	29.84	0.33
EBIT Margin	27.21%	22.76%	11.24%	20.46%	0.32%
Effective Tax Rate	-	-	-	19.62%	-
Advertising Expenses	8.22	2.38	3.01	1.29	3.32

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q