See more : Barclays PLC (BCY.DE) Income Statement Analysis – Financial Results
Complete financial analysis of Grindr Inc. (GRND) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Grindr Inc., a leading company in the Software – Application industry within the Technology sector.
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Grindr Inc. (GRND)
About Grindr Inc.
Grindr Inc. operates social network platform for the LGBTQ community. Its platform enables gay, bi, trans, and queer people to engage with each other, share content and experiences, and express themselves. It offers a free, ad-supported service and a premium subscription version. The company was founded in 2009 and is based in West Hollywood, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 259.69M | 195.02M | 145.83M | 104.46M | 108.70M |
| Cost of Revenue | 67.46M | 51.28M | 37.36M | 31.42M | 27.55M |
| Gross Profit | 192.23M | 143.74M | 108.48M | 73.04M | 81.15M |
| Gross Profit Ratio | 74.02% | 73.70% | 74.38% | 69.92% | 74.66% |
| Research & Development | 29.33M | 17.90M | 10.91M | 15.36M | 11.06M |
| General & Administrative | 78.04M | 72.28M | 29.33M | -3.20M | 29.51M |
| Selling & Marketing | 2.38M | 3.01M | 1.29M | 3.32M | 3.07M |
| SG&A | 80.42M | 75.30M | 30.62M | 124.92K | 32.57M |
| Other Expenses | 0.00 | 37.51M | 43.23M | 0.00 | 27.41M |
| Operating Expenses | 136.79M | 130.70M | 84.77M | 124.92K | 71.04M |
| Cost & Expenses | 204.24M | 181.98M | 122.12M | 124.92K | 98.59M |
| Interest Income | 0.00 | 19.53M | 17.60M | 14.65K | 386.00K |
| Interest Expense | 46.01M | 31.54M | 18.70M | 0.00 | 0.00 |
| Depreciation & Amortization | 27.04M | 38.56M | 43.23M | 26.68M | 27.41M |
| EBITDA | 21.30M | 70.09M | 68.23M | -20.85M | 37.17M |
| EBITDA Ratio | 8.20% | 24.48% | 45.90% | -0.12% | 34.52% |
| Operating Income | 55.45M | 10.24M | 23.71M | -124.92K | 10.11M |
| Operating Income Ratio | 21.35% | 5.25% | 16.26% | -0.12% | 9.30% |
| Total Other Income/Expenses | -107.19M | -21.93M | -17.41M | -20.73M | 38.00K |
| Income Before Tax | -51.75M | -7.00K | 6.30M | -20.85M | 10.15M |
| Income Before Tax Ratio | -19.93% | 0.00% | 4.32% | -19.96% | 9.34% |
| Income Tax Expense | 4.02M | -859.00K | 1.24M | 2.57M | 2.44M |
| Net Income | -55.77M | 852.00K | 5.06M | -20.85M | 7.71M |
| Net Income Ratio | -21.47% | 0.44% | 3.47% | -19.96% | 7.09% |
| EPS | -0.32 | 0.01 | 0.03 | -0.60 | 0.05 |
| EPS Diluted | -0.32 | 0.01 | 0.03 | -0.60 | 0.05 |
| Weighted Avg Shares Out | 174.17M | 157.88M | 152.81M | 34.50M | 152.87M |
| Weighted Avg Shares Out (Dil) | 174.17M | 159.17M | 152.87M | 34.50M | 152.87M |
Grindr: The Untapped Value Of The Overlooked Rainbow Economy
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Grindr to Participate in Upcoming Investor Conferences
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced participation in the following upcoming investor events. Citi's 2024 Global TMT Conference Location: New York, NY Date: Thursday, September 5, 2024 Fireside Chat Presentation: 4:40 PM...
Grindr Inc. (GRND) Q2 2024 Earnings Call Transcript
Grindr Inc. (NYSE:GRND ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Tolu Adeofe – Head-Investor Relations George Arison – Chief Executive Officer Vanna Krantz – Chief Financial Officer Conference Call Participants Nick Jones –...
Grindr Inc. (GRND) Beats Q2 Earnings and Revenue Estimates
Grindr Inc. (GRND) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.13 per share a year ago.
Grindr Accelerates Growth of Its Advertising Business and Expands Its Engineering Team With Two Executive Hires
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE:GRND) today announced the addition of two senior leaders as it continues to transform the ways that gay, bi, trans, and queer people around the world connect: Brian Anderson has joined the company in the newly...
Wall Street Analysts See a 31.14% Upside in GRINDR INC (GRND): Can the Stock Really Move This High?
The mean of analysts' price targets for GRINDR INC (GRND) points to a 31.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside...
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