Grindr Inc

Grindr, Inc. operates as a social media application for gay, bi, trans, queer people and other members of the LGBTQ+ community. The company is headquartered in West Hollywood, CA.

Earnings data Q4 2022

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Grindr Inc reports robust earnings, eyes global expansion and user safety

Grindr Inc's Q4 2022 earnings call showcased strong financial performance, strategic initiatives to drive growth, and a commitment to user experience and community engagement. The company's focus on revenue growth, user safety, and market differentiation positions it well for future success.

Grindr Inc (GRND) reports robust revenue growth and user expansion

Grindr Inc (GRND) delivered strong revenue growth and user base expansion in Q1 2023, despite facing a net loss driven by increased operating expenses. The company's focus on user experience enhancements and monetization strategies positions it well for future growth and community engagement.

Grindr Inc posts strong Q2 earnings, eyes growth through innovation

Grindr Inc delivered robust financial results in Q2 2023, driven by revenue growth, user base expansion, and prudent financial management.
The company's focus on user experience, monetization, and future growth initiatives positions it well for continued success in the competitive market.
While facing challenges in user retention and monetization, Grindr Inc has opportunities to innovate, expand revenue streams, and drive sustainable growth.

Grindr reports robust Q3 earnings, eyes sustained growth and innovation

Grindr Inc (GRND) delivered strong financial results in Q3 2023, with revenue growth, increased user metrics, and improved profitability, reflecting effective strategic execution.
While facing challenges such as managing net debt and controlling operating expenses, Grindr's focus on innovation and monetization presents opportunities for sustained growth and market expansion.
The company's updated outlook for 2023 indicates confidence in its ability to drive revenue growth and maintain profitability, positioning Grindr for continued success in the competitive online dating market.
Overall, Grindr's performance highlights its resilience, adaptability, and strategic planning to navigate challenges and capitalize on opportunities for long-term growth and value creation.

Grindr reports robust Q4 earnings, eyes revenue growth in 2024

Grindr Inc's Q4 2023 earnings call showcased strong financial performance, user growth, and strategic priorities for 2024, emphasizing monetization and brand enhancement.
While the company faces challenges related to privacy regulations, competition, and international expansion, opportunities in revenue growth and user experience improvements are key focus areas.
Management's proactive approach to financial management, product innovation, and market differentiation positions Grindr for continued success and market relevance in the dating app industry.

Grindr Inc excels in Q1 with revenue surge and user growth

Grindr Inc's Q1 2024 performance showcased strong revenue growth, user engagement, and strategic advancements, underlining its position for future success.
The company's focus on enhancing user experience, safety, and innovation, along with successful product launches, highlights its commitment to driving growth and user satisfaction.
While facing challenges in a competitive landscape, Grindr's proactive approach to addressing user needs and leveraging technology positions it well to capitalize on future opportunities.
By balancing operational challenges with strategic initiatives, Grindr can navigate market dynamics, drive innovation, and sustain its growth trajectory in the evolving digital landscape.

Grindr Inc reports robust Q2 earnings, eyes user engagement growth

Grindr Inc delivered strong Q2 results, showcasing revenue growth, profitability, and user base expansion, underpinned by effective monetization strategies and product enhancements.
While facing challenges in user growth momentum and debt management, the company's focus on user needs, AI features, and new product offerings present growth opportunities.
With raised full-year guidance, reduced debt position, and positive cash flow, Grindr Inc is well-positioned for sustained growth through user engagement and product innovation.

Grindr posts strong Q3 results, focuses on innovation and growth

Grindr Inc (GRND) delivered a robust performance in Q3 2024, marked by significant revenue growth, user expansion, and improved monetization metrics.
The company's strategic focus on product development, financial management, and user experience enhancement positions it well for sustained growth and competitiveness in the online dating industry.
While facing challenges in user retention and cost management, Grindr's proactive approach to innovation and addressing technical debt presents opportunities for future growth and market leadership.

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Grindr, Inc. engages in the operation of a social media network application for the gay, bi, trans, queer, and other members of the LGBTQ+ community. The company was founded in 2009 and is headquartered in West Hollywood, CA.

Grindr stock has surged nearly 40% year to date, with impressive user growth rates and higher EBITDA margins compared to peers. Grindr's user growth and revenue growth outperform Match and Bumble, even though the company spends a negligible amount on sales and marketing, especially relative to peers. Grindr's recent uptick in paid users and ARPU is attributed to premium subscription offerings, improved chat features, and upcoming new features.

Grindr: Expensive, But Growth Is Lapping Peers

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LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) will host today in New York its inaugural investor day as a public company, unveiling its plans to deliver on its mission to build the Global Gayborhood in Your Pocket. Presentations by Grindr senior management will highlight its industry-leading performance and user engagement metrics, the Company's new product roadmap that is powered by AI, and a four-year financial outlook. “Grindr is unique because it was built by gay people for gay peo.

Grindr Hosts First Investor Day

Grindr Inc. (NYSE:GRND ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Tolu Adeofe - Head of Investor Relations George Arison - Chief Executive Officer Vanna Krantz - Chief Financial Officer Conference Call Participants Nick Jones - Citizens JMP Andrew Marok - Raymond James Rohit Kulkarni - ROTH MKM Operator Good afternoon. My name is Clouie, and I will be your conference operator today.

Grindr Inc. (GRND) Q1 2024 Earnings Call Transcript

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the premiere LGBTQ+ social connector, today posted its financial results for the first fiscal quarter ended March 31, 2024 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr's Investor Relations website. “Grindr is off to an outstanding start to 2024, highlighted by revenue growth of 35% year-over-year and strong margins in our first quarter,” said George Arison, Grindr's Chief Executive Officer. “Results wer.

Grindr Inc. Reports First Quarter 2024 Revenue Growth of 35%

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the premiere LGBTQ+ social connector, announced that it will release its financial results for the first quarter ended March 31, 2024, after the market closes on Thursday, May 9, 2024. Grindr will issue a press release when its Shareholder Letter has been posted to its Investor Relations website at https://investors.grindr.com. Following the release of the Shareholder Letter, Grindr will host a webcasted conference call to discuss its resu.

Grindr Announces Date of First Quarter 2024 Financial Results Earnings Call

Hundreds of users of the gay dating app Grindr have alleged the company shared their private information, including their HIV status, with third parties, a law firm said on Monday.

Gay dating app Grindr sued for allegedly sharing users' HIV status

A class action lawsuit with hundreds of claimants was filed at the High Court in London Monday as plaintiffs accuse the LGBTQ+ dating app Grindr of sharing sensitive medical information, including HIV status, with advertisers, who then allegedly sold that data on to other businesses, multiple outlets reported.

Grindr Dating App Shared HIV Status Of English Users With Advertisers, New Lawsuit Says

A class action claim against Grindr accuses the app of sharing users' HIV status with third parties. Austen Hays, a law firm in the UK, alleges these breaches took place over at least two years.

Grindr shared the HIV status of users with ad firms, lawyers say

Gay dating app Grindr is facing a mass data protection lawsuit in London from hundreds of users who allegedly had their private information, including HIV status, shared with third parties without consent, a law firm said on Monday.

Grindr facing UK lawsuit over alleged data protection breaches

High court action will claim US owner allowed access to app users' private information in breach of UK law

Lawsuit in London to allege Grindr shared users' HIV status with ad firms

How do you grow a business where a customer's success often means they leave your product?

Grindr Goes Beyond Dating

LOS ANGELES--(BUSINESS WIRE)--Today at Web Summit in Rio de Janeiro, Grindr Inc. (NYSE:GRND), the premier LGBTQ+ social connector, celebrated its 15th anniversary by announcing a new corporate mission and launching a new core travel feature: Roam™. A New, Community-Focused Mission For the Next 15 Years Grindr's new mission is to be the global Gayborhood in your pocket, and through its success, to make a world where the lives of its users and the global LGBTQ+ community are free, equal, and just.

Grindr Unveils New Mission to Build Digital Gayborhood at Web Summit Rio; Introduces Roam™ to Expand Connections Ahead of Travel

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced the launch of its new partnership with Burnett Foundation Aotearoa to offer free HIV self-test kits to Grindr users throughout New Zealand. The partnership is the latest step in Grindr's expansion of its work to advance public health for the LGBTQ+ community, driven by Grindr for Equality, the company's global social impact initiative. As of today, Grindr users in.

Grindr Partners with Burnett Foundation Aotearoa to Offer Free At-Home HIV Test Kits to Grindr Users Throughout New Zealand

SAN FRANCISCO--(BUSINESS WIRE)--Transcend proudly welcomes Ron De Jesus to its leadership team as the first-ever Field Chief Privacy Officer (FCPO).

Former Grindr CPO and Tinder Head of Privacy Ron De Jesus Joins Transcend as the First-Ever Field Chief Privacy Officer

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that Vanna Krantz, Grindr's chief financial officer, will participate in a fireside chat at the upcoming 36th Annual ROTH Conference in Dana Point, CA on Monday, March 18, 2024 at 2:00 PM PT. A live webcast of each fireside chat will be made available on Grindr's investor relations website at https://investors.grindr.com/. An archived replay of each webcast will be.

Grindr to Participate in the 36th Annual ROTH Conference

Grindr Inc. (NYSE:GRND ) Q3 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Tolu Adeofe - Head of Investor Relations George Arison - Chief Executive Officer Vanna Krantz - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James Rohit Kulkarni - ROTH MKM John Blackledge - TD Cowen Emily Stykes - New Street Research. Operator Good afternoon, everyone.

Grindr Inc. (GRND) Q4 2023 Earnings Call Transcript

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network and dating app for the LGBTQ community, today posted its financial results for the fourth quarter and fiscal year ended December 31, 2023 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr's Investor Relations website. “The Grindr team delivered an outstanding first full year as a public company. Our results came in well ahead of our financial guidance; we generated solid gr.

Grindr Inc. Reports Fiscal Year 2023 Revenue Growth of 33%

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the GBTQ community, announced that it will release its financial results for the fourth quarter and full year ended December 31, 2023, after the market closes on Thursday, March 7, 2024. Grindr will issue a press release when its Shareholder Letter has been posted to its Investor Relations website at https://investors.grindr.com. Following the release of the Shareholder Letter, Grindr will host a webc.

Grindr Announces Date of Fourth Quarter and Full Year 2023 Financial Results Earnings Call

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Grindr Inc (NYSE:GRND) has announced an exclusive partnership with Ex-Human to boost the artificial intelligence capabilities and machine learning models of its LGBTQ+ dating app. Grindr said the partnership is aimed at enhancing the experience of its users by leveraging Ex-Human's foundational models and tools to build new, engaging features designed to support the wide range of networking and dating needs of its users — from casual encounters to longer-term relationships.

Grindr hooks up with Ex-Human in exclusive AI partnership to enhance user experience

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) today announced it has signed an exclusive partnership with Ex-Human, a leading provider of generative artificial intelligence and machine learning models, to fuel the app company's in-house artificial intelligence capabilities and enhance the experience of its users. Grindr's diverse user community continues to grow and evolve, expanding the ways that gay, bi, trans, and queer people connect with one another and the world around them. Thro.

Grindr Forms Exclusive Partnership with Ex-Human to Enhance User Experience Using Artificial Intelligence

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE:GRND), the world's largest social network for the LGBTQ community, today announced that it completed a refinancing via a new $300 million Term Loan A facility and a $50 million Revolving Credit facility. Building Strong Financial Relationships The joint lead arrangers of the transaction are J.P. Morgan, Bank of America, Citizens Bank, and Silicon Valley Bank, a division of First Citizens Bank. Capital One also participated as a lender. The transac.

Grindr Secures New $350 Million Credit Facility

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that Vanna Krantz, Grindr's chief financial officer, will participate in a fireside chat at the Raymond James TMT and Consumer Conference on Monday, December 4, 2023. Ms. Krantz is scheduled to appear at 2:50 pm Eastern Standard Time. A live webcast and archived replay of the fireside chat will be made available on Grindr's investor relations website at https://inv.

Grindr CFO to Participate in the Raymond James TMT and Consumer Conference

LOS ANGELES--(BUSINESS WIRE)--At the outset of European testing week, Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced the launch of its new partnerships with Equality Movement and MPOWER to connect Grindr users directly with HIV self-test kits in Georgia and Ireland, respectively. With these partnerships, Georgia and Ireland become the first countries outside of the United States in which Grindr users can order free at-home HIV self-test ki.

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