See more : Health Advance Inc. (HADV) 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 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, 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...
Grindr Announces Date of Second Quarter 2023 Financial Results Earnings Call
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 went public 7 months ago. Here's what's happened since then
The company going public on the stock market was initially cheered as a step forward for inclusion.
Grindr's ex-privacy chief accused top executives of shrugging off system bugs that retained 'billions' of user photos
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 to Participate in Upcoming Investor Conferences
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced participation in the following upcoming investor events. Jefferies Virtual Internet Summit Virtual Fireside Chat Tuesday, May 16, 2023, 2:20 PM ET Chief Executive...
Grindr Announces Date of First Quarter 2023 Financial Results Earnings Call
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: Too Early To Tell
Grindr: Too Early To Tell
Grindr to distribute free home HIV tests
Grindr, the popular LGBTQ+ dating app, is distributing free at-home HIV tests as part of a new public health initiative.
Meta shares rise after new wave of layoffs, WeightWatchers' stock makes gains after results and acquisition; Grindr's stock falls after profit drop
These were among some of the more prominent stocks on the move in early Tuesday trading:
Grindr's fourth-quarter revenue grows while net income dwindles
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.
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Category: Stock Reports