secwatch.observer — SEC 8-K summary
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Issuer:     Grindr Inc. (GRND)
CIK:        0001820144
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001820144-25-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820144/000182014425000010/0001820144-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820144/000182014425000010/grnd-20250305.htm
  HTML page:      https://secwatch.observer/filing/0001820144-25-000010

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