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	Jun '24 Jun 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	300.03	259.69	195.02	145.83	104.46	108.7
Revenue Growth (YoY)	34.98%	33.16%	33.72%	39.60%	-3.90%	-
Cost of Revenue	77.15	67.46	51.28	37.36	31.42	27.55
Gross Profit	222.88	192.23	143.74	108.48	73.04	81.15
Selling, General & Admin	93.39	78.08	67.07	24.85	31.25	32.57
Research & Development	31.12	29.33	17.9	10.91	14.41	11.06
Operating Expenses	142.5	133.14	121.81	78.63	72.71	71.04
Operating Income	80.39	59.1	21.93	29.84	0.33	10.11
Interest Expense	-36.15	-46.01	-19.53	-17.6	-11.4	-
Interest & Investment Income	-	-	-	-	0.28	0.39
Other Non Operating Income (Expenses)	-95.82	-49.6	18.34	-0.82	-3.62	-0.35
EBT Excluding Unusual Items	-51.58	-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	-66.81	-51.75	-0.01	6.3	-15.65	10.15
Income Tax Expense	10.22	4.02	-0.86	1.24	-2.57	2.44
Net Income	-77.03	-55.77	0.85	5.06	-13.07	7.71
Net Income to Common	-77.03	-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)	4.82%	9.43%	4.12%	50.33%	1.14%	-
EPS (Basic)	-0.44	-0.32	0.01	0.03	-0.13	0.08
EPS (Diluted)	-0.44	-0.32	0.01	0.03	-0.13	0.08
EPS Growth	-	-	-82.01%	-	-	-
Free Cash Flow	56.87	35.64	50.21	34.16	25.59	37.84
Free Cash Flow Per Share	0.33	0.20	0.32	0.22	0.25	0.38
Gross Margin	74.29%	74.02%	73.70%	74.38%	69.92%	74.66%
Operating Margin	26.79%	22.76%	11.24%	20.46%	0.32%	9.30%
Profit Margin	-25.67%	-21.47%	0.44%	3.47%	-12.51%	7.09%
Free Cash Flow Margin	18.96%	13.72%	25.75%	23.42%	24.50%	34.81%
EBITDA	95.83	82.28	57.87	72.65	27.01	37.17
EBITDA Margin	31.94%	31.68%	29.68%	49.81%	25.86%	34.19%
D&A For EBITDA	15.45	23.18	35.95	42.8	26.68	27.06
EBIT	80.39	59.1	21.93	29.84	0.33	10.11
EBIT Margin	26.79%	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.