GRND Q3 2023 Earnings — Grindr Inc. Revenue & Financial Results | Market Cap Arena

GRNDGrindr Inc.

$2B

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$70M+39.4% YoY

Gross Profit

$52M74.0% margin

Operating Income

$17M23.6% margin

Net Income

-$437,000-0.6% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+14.2%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$8M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$449M

Total Liabilities

$425M

Stockholders' Equity

$24M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$50M	+39.4%
Gross Profit	$52M	$37M	+38.9%
Operating Income	$17M	$4M	+328.7%
Net Income	-$437,000	-$5M	+90.6%

Revenue Segments

North America

$40M58%

Other Countries

$24M34%

Europe

$6M8%

Geographic Segments

North America

$40M58%

Other Countries

$24M34%

Europe

$6M8%