Grindr Inc

Grindr, Inc. operates as a social media application for gay, bi, trans, queer people and other members of the LGBTQ+ community. The company is headquartered in West Hollywood, CA.

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Grindr Inc reports robust earnings, eyes global expansion and user safety

Grindr Inc's Q4 2022 earnings call showcased strong financial performance, strategic initiatives to drive growth, and a commitment to user experience and community engagement. The company's focus on revenue growth, user safety, and market differentiation positions it well for future success.

Grindr Inc (GRND) reports robust revenue growth and user expansion

Grindr Inc (GRND) delivered strong revenue growth and user base expansion in Q1 2023, despite facing a net loss driven by increased operating expenses. The company's focus on user experience enhancements and monetization strategies positions it well for future growth and community engagement.

Grindr Inc posts strong Q2 earnings, eyes growth through innovation

Grindr Inc delivered robust financial results in Q2 2023, driven by revenue growth, user base expansion, and prudent financial management.
The company's focus on user experience, monetization, and future growth initiatives positions it well for continued success in the competitive market.
While facing challenges in user retention and monetization, Grindr Inc has opportunities to innovate, expand revenue streams, and drive sustainable growth.

Grindr reports robust Q3 earnings, eyes sustained growth and innovation

Grindr Inc (GRND) delivered strong financial results in Q3 2023, with revenue growth, increased user metrics, and improved profitability, reflecting effective strategic execution.
While facing challenges such as managing net debt and controlling operating expenses, Grindr's focus on innovation and monetization presents opportunities for sustained growth and market expansion.
The company's updated outlook for 2023 indicates confidence in its ability to drive revenue growth and maintain profitability, positioning Grindr for continued success in the competitive online dating market.
Overall, Grindr's performance highlights its resilience, adaptability, and strategic planning to navigate challenges and capitalize on opportunities for long-term growth and value creation.

Grindr reports robust Q4 earnings, eyes revenue growth in 2024

Grindr Inc's Q4 2023 earnings call showcased strong financial performance, user growth, and strategic priorities for 2024, emphasizing monetization and brand enhancement.
While the company faces challenges related to privacy regulations, competition, and international expansion, opportunities in revenue growth and user experience improvements are key focus areas.
Management's proactive approach to financial management, product innovation, and market differentiation positions Grindr for continued success and market relevance in the dating app industry.

Grindr Inc excels in Q1 with revenue surge and user growth

Grindr Inc's Q1 2024 performance showcased strong revenue growth, user engagement, and strategic advancements, underlining its position for future success.
The company's focus on enhancing user experience, safety, and innovation, along with successful product launches, highlights its commitment to driving growth and user satisfaction.
While facing challenges in a competitive landscape, Grindr's proactive approach to addressing user needs and leveraging technology positions it well to capitalize on future opportunities.
By balancing operational challenges with strategic initiatives, Grindr can navigate market dynamics, drive innovation, and sustain its growth trajectory in the evolving digital landscape.

Grindr Inc reports robust Q2 earnings, eyes user engagement growth

Grindr Inc delivered strong Q2 results, showcasing revenue growth, profitability, and user base expansion, underpinned by effective monetization strategies and product enhancements.
While facing challenges in user growth momentum and debt management, the company's focus on user needs, AI features, and new product offerings present growth opportunities.
With raised full-year guidance, reduced debt position, and positive cash flow, Grindr Inc is well-positioned for sustained growth through user engagement and product innovation.

Grindr posts strong Q3 results, focuses on innovation and growth

Grindr Inc (GRND) delivered a robust performance in Q3 2024, marked by significant revenue growth, user expansion, and improved monetization metrics.
The company's strategic focus on product development, financial management, and user experience enhancement positions it well for sustained growth and competitiveness in the online dating industry.
While facing challenges in user retention and cost management, Grindr's proactive approach to innovation and addressing technical debt presents opportunities for future growth and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Grindr, Inc. engages in the operation of a social media network application for the gay, bi, trans, queer, and other members of the LGBTQ+ community. The company was founded in 2009 and is headquartered in West Hollywood, CA.

LGBTQ dating app Grindr ended its remote work policies and forced employees to relocate. Nearly half of its staff left.

Dating app Grindr loses nearly half its staff after trying to force a return to office

Grindr Inc (NYSE:GRND), the gay dating app, is facing a mass exodus of its workers after it ordered all its staff to return to offices for a minimum of two days a week. Around 80 of the company's 178 workers resigned at the end of August, less than a month after the return-to-work mandate was put in place, with some arguing the order was a repercussion to the workforce unionising.

Grindr staff quit in masses following return-to-office mandate

Furious staffers claim the mandate was in retaliation over their campaign to unionize.

Grindr loses half its workforce over 2-day return-to-office mandate

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that George Arison, Grindr's chief executive officer, and Vanna Krantz, Grindr's chief financial officer, will participate in a fireside chat at the upcoming Goldman Sachs Communacopia and Technology Conference on September 5, 2023 at 4:25 pm PT. A live webcast and archived replay of the fireside chat will be made available on Grindr's investor relations website at.

Grindr to Participate in the Goldman Sachs Communacopia and Technology Conference

Grindr is an LGBTQ+ dating app notorious for instant hookups. But Grindr says that about 25% of its users are also there to network.

Grindr has a reputation for its hookup culture, but the company says a quarter of its users are there to network. The CEO says he even hired people through the app.

Grindr's revenue growth and profitability were strong in Q2. The company raised its full-year 2023 guidance.

Why Grindr Stock Popped This Week

Grindr Inc. (NYSE:GRND ) Q2 2023 Earnings Conference Call August 15, 2023 5:00 PM ET Company Participants Patrick Lenihan - Head, Global Communications George Arison - CEO Vanna Krantz - CFO Conference Call Participants Emily Stykes - New Street Research Operator Good afternoon. My name is Jenny, and I will be your conference operator today.

Grindr Inc. (GRND) Q2 2023 Earnings Call Transcript

Grindr reported second-quarter revenue that was ahead of guidance and raised its outlook. While the stock looks cheap according to some metrics, its debt burden is weighing on the stock price.

Why Grindr Stock Popped Today

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today posted its financial results for the second quarter ended June 30, 2023 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr's Investor Relations website. “We continue to make progress on our strategic priorities, as demonstrated by our strong financial performance and incredible user engagement through the first half of the year,” said George Ar.

Grindr Inc. Reports Second Quarter 2023 Revenue Growth of 32%, Raises Guidance

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that it will reschedule its second quarter 2023 earnings release and conference call, previously scheduled for 5:00 p.m. Eastern Time on August 9, 2023. Grindr will announce the date and time of the rescheduled earnings release and conference call in a subsequent press release. Forward-Looking Statements This press release contains “forward-looking statements” with.

Grindr Reschedules Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced the opening of a shareholder Q&A on the Say Technologies platform to enable shareholders to submit questions in connection with its upcoming earnings release. Grindr is scheduled to host a live discussion of its second quarter 2023 earnings at 2:00 p.m. PT / 5:00 p.m. ET on Wednesday, August 9, 2023. Starting today, retail and institutional shareholders will be.

Grindr Announces Q&A Platform for Shareholders Ahead of Second Quarter 2023 Earnings Release

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, announced that it will release its financial results for the second quarter ended June 30, 2023, after the market closes on Wednesday, August 9, 2023. Grindr will issue a press release when its Shareholder Letter has been posted to its Investor Relations website at https://investors.grindr.com. Following the release of the Shareholder Letter, Grindr will host a webcasted conferenc.

Grindr Announces Date of Second Quarter 2023 Financial Results Earnings Call

The company going public on the stock market was initially cheered as a step forward for inclusion.

Grindr went public 7 months ago. Here's what's happened since then

The ex-head of privacy at dating app Grindr filed an explosive lawsuit against his former company. Former Chief of Privacy Ron DeJesus said top executives ignored multiple warnings about user data.

Grindr's ex-privacy chief accused top executives of shrugging off system bugs that retained 'billions' of user photos

LOS ANGELES--(BUSINESS WIRE)--As part of their shared and ongoing commitment to support and celebrate the queer community, Grindr and MISTR are teaming up this Pride season for a celebratory party series honoring the beloved community of drag artists and performers who keep Pride alive all month—and all year. In 2021, Grindr partnered with GayCities and GoFundMe to help raise funds for the ‘Save Our Spaces' initiative benefitting LGBTQ social venues around the country whose businesses were thre.

Grindr and MISTR Join Forces for “God Save the Queens” Pride Fundraiser Series Benefiting Local Drag Artists and the ACLU Drag Defense Fund

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, will ring The Closing Bell at the New York Stock Exchange this afternoon at 4:00 p.m. Eastern Time, to celebrate the first day of Pride Month. “Ringing The Closing Bell at the New York Stock Exchange in celebration of Pride Month, at this particular moment in time, is deeply meaningful,” said George Arison, Chief Executive Officer. “The LGBTQ community is the heart of Grindr, and.

Grindr to Ring Closing Bell at the New York Stock Exchange

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today posted its financial results for the first quarter ended March 31, 2023 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr's Investor Relations website. “The year is off to a strong start indicated by our financial performance, user engagement and our unwavering commitment to providing value to the growing community we serve,” said George Ariso.

Grindr Inc. Reports First Quarter 2023 Earnings Results

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, announced today the launch of Grindr Web Beta, a new web experience that enables our community to stay connected right from their computer. Key user benefits of Grindr Web: Browse with bigger photos, and chat more easily: Grindr Web displays larger photos to match the often larger screens of desktop and laptop computers. Web experience also shows 6 profiles across as opposed to th.

Grindr Launches Grindr Web Beta Increasing Accessibility and Ease of Use from Any Browser Anywhere

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced the opening of a shareholder Q&A on the Say Technologies platform to enable shareholders to submit questions in connection with its upcoming earnings release. Grindr is scheduled to host a live discussion of its first quarter 2023 earnings at 2:00 p.m. PT / 5:00 p.m. ET on Monday, May 15, 2023. Starting today, retail and institutional shareholders will be able.

Grindr Announces Q&A Platform for Shareholders Ahead of First Quarter 2023 Earnings Release

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, announced that it will release its financial results for the first quarter ended March 31, 2023, after the market closes on Monday, May 15, 2023. Grindr will issue a press release when its Shareholder Letter has been posted to its Investor Relations website at https://investors.grindr.com. Following the release of the Shareholder Letter, Grindr will host a webcasted conference cal.

Grindr Announces Date of First Quarter 2023 Financial Results Earnings Call

Grindr: Too Early To Tell

Grindr, the popular LGBTQ+ dating app, is distributing free at-home HIV tests as part of a new public health initiative.

Grindr to distribute free home HIV tests

Weightwatchers International Inc.

These were among some of the more prominent stocks on the move in early Tuesday trading:

Meta shares rise after new wave of layoffs, WeightWatchers' stock makes gains after results and acquisition; Grindr's stock falls after profit drop

Grindr Inc. GRND, +9.24% posted higher revenue and lower net income in the latest quarter as it outlined how it will drive monetization efforts in 2023.

Grindr's fourth-quarter revenue grows while net income dwindles

Grindr Inc (NYSE:GRND) shares climbed as much as 10% in after-hours trading on Monday after the world's largest social network for the LGBTQ community reported that its fiscal 2022 revenue increased 34% year over year. The company also recorded 2022 full-year operating income of $13 million along with an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of 44%.

News for Grindr Inc Stock (GRND)