Grindr Q3 revenue $50.4M (+32% YoY); completes business combination, lists on NYSE

Grindr Inc.

Q3 2022 revenue $50.4M, up 32% YoY from $38.2M; net loss $(4.7)M vs income $1.9M.
Adjusted EBITDA $24.0M (+17% YoY); margin 48% (down from 54% in prior year).
Paying users 815K (+33% YoY); average revenue per paying user $17.67 (+6% YoY).
Year-to-date revenue $140.5M (+39% YoY); YTD adjusted EBITDA $65.8M (+23% YoY).
Completed business combination with Tiga Acquisition Corp. on Nov 18, 2022; began trading under GRND.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Grindr Inc. reported Third quarter ended September 30, 2022 results: revenue $50.4 million, net income $(4.7) million.

Period: Third quarter ended September 30, 2022
Revenue: $50.4 million
Net income: $(4.7) million
Result: reported results

Exact text from the filing

Third quarter Revenue of $50.4 million, up 32% year over year; Year-to-date Revenue of $140.5 million Third quarter Net (Loss) Income of $(4.7) million; Year-to-date Net (Loss) Income of $(4.3) million

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Grindr Inc. filing history →

Source: SEC EDGAR

accession 0001140361-22-044453

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