GRND Q2 2023 Earnings — Grindr Inc. Revenue & Financial Results | Market Cap Arena

GRNDGrindr Inc.

$2B

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$62M+32.2% YoY

Gross Profit

$45M73.8% margin

Operating Income

$14M22.6% margin

Net Income

$22M36.3% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+10.3%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$445M

Total Liabilities

$424M

Stockholders' Equity

$21M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$62M	$47M	+32.2%
Gross Profit	$45M	$34M	+31.9%
Operating Income	$14M	-$2M	+780.2%
Net Income	$22M	-$4M	+619.1%

Revenue Segments

North America

$36M59%

Other Countries

$21M33%

Europe

$5M8%

Geographic Segments

North America

$36M59%

Other Countries

$21M33%

Europe

$5M8%