Grindr FY2024 revenue $345M (+33% YoY); guides 24%+ growth in 2025; $500M buyback

Grindr Inc.

FY2024 revenue $344.6M (+33% YoY); Adj EBITDA $147.3M (43% margin); net loss $131M due to warrant non-cash charge.
Q4 2024 revenue $97.6M (+35% YoY), Adj EBITDA $38.6M (40% margin); all user metrics hit record highs.
FY2025 guidance: revenue growth of 24% or greater; Adj EBITDA margin of 41% or greater.
Board authorized $500M common stock repurchase program over two years (through March 2027).
Completed redemption of all 37.4M warrants, net cash proceeds $314.1M; no warrants outstanding post Feb 24, 2025.

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