secwatch.observer — SEC 8-K summary
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Issuer:     Grindr Inc. (GRND)
CIK:        0001820144
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001820144-24-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grindr reports FY2023 revenue $260M (+33% YoY), guides 23%+ growth in 2024
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- FY2023 revenue $260M (+33% YoY); operating income $55M; net loss $56M due to warrant liability & debt extinguishment.
- Adjusted EBITDA $110M (42% margin); Avg Paying Users 937K (+19% YoY); ARPPU $20.05 (+16%).
- Q4 2023 revenue $72M (+32% YoY); Q4 Adjusted EBITDA $29M (40% margin).
- FY2024 guidance: revenue growth ≥23%; Adjusted EBITDA margin ≥40%.
- 121B chats in 2023; launched Weekly Xtra; refinanced debt in Q4 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820144/000182014424000009/0001820144-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820144/000182014424000009/grnd-20240307.htm
  HTML page:      https://secwatch.observer/filing/0001820144-24-000009

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