secwatch.observer — SEC 8-K summary
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Issuer:     Grindr Inc. (GRND)
CIK:        0001820144
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001140361-23-039738
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grindr Q2 revenue up 32% to $61.5M; net income $22.3M; raises FY2023 guidance
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- Revenue $61.5M (+32% YoY); net income $22.3M (36% margin); diluted EPS $0.13.
- Adjusted EBITDA $26.9M (44% margin); operating income $13.9M (23% margin).
- Average paying users 929k (+21% YoY); payer penetration 7.1%; ARPPU $19.08.
- FY2023 guidance raised: revenue growth ≥28% (from ≥25%), adjusted EBITDA margin ≥41% (from ≥38%).
- New weekly subscription offering drove paying user growth and ARPPU improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820144/000114036123039738/0001140361-23-039738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820144/000114036123039738/brhc20057468_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-039738

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer