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GRND Q1 2024 Earnings — Grindr Inc. Revenue & Financial Results | Market Cap Arena
GRND
Grindr Inc.
$2B
Q1 2024 Earnings
Technology
Software - Application
Income Statement
Revenue
$75M
+35.0% YoY
Gross Profit
$56M
74.0% margin
Operating Income
$19M
25.6% margin
Net Income
-$9M
-12.5% margin
EPS (Diluted)
$-0.05
QoQ Revenue Growth
+4.5%
Cash Flow
Operating Cash Flow
$20M
Free Cash Flow
$19M
Stock-Based Comp.
$8M
Balance Sheet
Total Assets
$438M
Total Liabilities
$460M
Stockholders' Equity
-$22M
Cash & Equivalents
$22M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$75M
$56M
+35.0%
Gross Profit
$56M
$41M
+35.9%
Operating Income
$19M
$9M
+124.1%
Net Income
-$9M
-$33M
+71.4%
Revenue Segments
License and Service
$64M
85%
Advertising
$11M
15%
Geographic Segments
North America
$46M
60%
Europe
$18M
24%
Other Countries
$12M
16%
← FY 2024
All Quarters
Q2 2024 →