Grindr Inc. Reports Fiscal Year 2023 Revenue Growth of 33%
Grindr Inc. (GRND)
Company Research
Source: Business Wire
Grindr Inc. Reports 2023 Q4 and Full Year 2023 Earnings Results2023 Full Year Revenue was $260 Million, Operating Income was $55 Million, Net Loss Margin of 21% and Adjusted EBITDA Margin of 42%121 Billion Chats Sent in 2023, with Revenue from Paying Users up 38%Guidance of 23% or Greater Revenue Growth and 40%+ Adjusted EBITDA Margin in 2024 LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world’s largest social network and dating app for the LGBTQ community, today posted its financial results for the fourth quarter and fiscal year ended December 31, 2023 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.“The Grindr team delivered an outstanding first full year as a public company. Our results came in well ahead of our financial guidance; we generated solid growth in paying users supported by the launch of Weeklies, our popular weekly subscription product; and we drove best-in-class user engagement through our
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GRND
News
- Grindr Announces Date of First Quarter 2024 Financial Results Earnings CallBusiness Wire
- Grindr Inc. (NYSE: GRND) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $14.00 price target on the stock.MarketBeat
- Grindr Unveils New Mission to Build Digital Gayborhood at Web Summit Rio; Introduces Roam™ to Expand Connections Ahead of TravelBusiness Wire
- Grindr Inc. (NYSE: GRND) is now covered by analysts at Raymond James. They set an "outperform" rating and a $14.00 price target on the stock.MarketBeat
- Grindr Inc. (NYSE: GRND) is now covered by analysts at JMP Securities. They set a "mkt outperform" rating and a $14.00 price target on the stock.MarketBeat
GRND
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- 4/18/24 - Form 4/A
- GRND's page on the SEC website