GRND Q4 2023 Earnings — Grindr Inc. Revenue & Financial Results | Market Cap Arena

GRNDGrindr Inc.

$2B

Q4 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$72M+32.2% YoY

Gross Profit

$54M74.6% margin

Operating Income

$16M22.7% margin

Net Income

-$45M-62.1% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$12M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$445M

Total Liabilities

$463M

Stockholders' Equity

-$18M

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$72M	$55M	+32.2%
Gross Profit	$54M	$40M	+34.5%
Operating Income	$16M	$2M	+570.6%
Net Income	-$45M	$5M	-943.0%

Revenue Segments

License and Service

$62M87%

Advertising

$10M13%

Geographic Segments

North America

$49M51%

Europe

$47M49%