secwatch.observer — SEC 8-K summary
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Issuer:     Grindr Inc. (GRND)
CIK:        0001820144
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001820144-23-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grindr Q3 revenue up 39% to $70.3M; raises FY23 guidance to 31%+ growth
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- Revenue $70.3M (+39% YoY); net loss narrows to $0.4M from $4.7M loss in Q3 2022.
- Adjusted EBITDA $32.6M (46% margin); operating income $16.6M.
- Average paying users 962k (+18%); ARPPU $21.33 (+21% YoY).
- Raised FY2023 guidance: revenue growth 31%+ (from 28%+), EBITDA margin 41%+.
- Headcount down 45% from peak due to hybrid return-to-office plan; new AI director hired.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820144/000182014423000016/0001820144-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820144/000182014423000016/grnd-20231113.htm
  HTML page:      https://secwatch.observer/filing/0001820144-23-000016

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