GRND Q3 2024 Earnings — Grindr Inc. Revenue & Financial Results | Market Cap Arena

GRNDGrindr Inc.

$2B

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$89M+27.1% YoY

Gross Profit

$66M74.3% margin

Operating Income

$28M31.8% margin

Net Income

$25M27.6% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+8.5%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$28M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$456M

Total Liabilities

$470M

Stockholders' Equity

-$13M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$89M	$70M	+27.1%
Gross Profit	$66M	$52M	+27.7%
Operating Income	$28M	$17M	+71.3%
Net Income	$25M	-$437,000	+5747.8%

Revenue Segments

License and Service

$77M86%

Advertising

$12M14%

Geographic Segments

North America

$53M60%

Europe

$23M25%

Other Countries

$13M15%