secwatch.observer — SEC 8-K summary
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Issuer:     Grindr Inc. (GRND)
CIK:        0001820144
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001820144-24-000052
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 27% to $89M; raises FY 2024 guidance to 29%+ growth
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- Net income of $25M (28% margin); diluted EPS $0.09.
- Adjusted EBITDA $40M (45% margin), up 23% YoY.
- Avg paying users 1.11M (+15% YoY); ARPPU $23.07 (+8% YoY); MAUs 14.6M (+8% YoY).
- FY 2024 revenue guidance raised to 29%+ growth; Adj. EBITDA margin 42%+.
- Free cash flow $28M in Q3; operating cash flow $29M (+250% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820144/000182014424000052/0001820144-24-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820144/000182014424000052/grnd-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001820144-24-000052

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