Grindr (GRND)
Location-based social networking for gay, bisexual, and sexually explorative adults.
$15.96
After hours−0.02 (−0.13%)
At close$15.98(+0.57%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 70 | 72 | 75 | 82 | 89 | 98 | 94 | 104 | 116 | 126 | 130 | 138 |
| Cost of revenue | 18 | 18 | 20 | 21 | 23 | 24 | 25 | 27 | 29 | 33 | 33 | 35 |
| Gross profit | 52 | 54 | 56 | 61 | 66 | 74 | 69 | 77 | 87 | 93 | 97 | 104 |
| 35 | 37 | 36 | 37 | 38 | 53 | 44 | 52 | 42 | 62 | 55 | 71 | |
| Research & development | 13 | 8 | 6 | 8 | 9 | 14 | 10 | 13 | 11 | 15 | 16 | 20 |
| 16 | 26 | 27 | 25 | 25 | 37 | 30 | 36 | 29 | 47 | 38 | 50 | |
| Selling & marketing | 0 | 2 | 0 | 0 | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 23 | 0 | 0 | 0 | 29 | 30 | 0 | 0 | 0 | 0 | 50 |
| Other expenses | 6 | 4 | 4 | 4 | 4 | 2 | 3 | 3 | 1 | 0 | 1 | 1 |
| Operating income | 17 | 16 | 19 | 25 | 28 | 20 | 25 | 24 | 45 | 31 | 43 | 33 |
| −16 | −60 | −26 | −42 | 2 | −145 | 6 | −3 | −5 | −5 | −7 | −10 | |
| Interest expense | 12 | 10 | 7 | 7 | 6 | 5 | 4 | 4 | 5 | 6 | −7 | 7 |
| Other non-operating income | 4 | −13 | 19 | 35 | −8 | −1 | −10 | −1 | 1 | 0 | 14 | 3 |
| Income before tax | 1 | −43 | −7 | −17 | 30 | −124 | 32 | 21 | 40 | 26 | 36 | 23 |
| Income tax expense | 1 | 1 | 3 | 5 | 6 | −1 | 5 | 5 | 9 | 6 | 9 | 5 |
| Net income from continuing operations | 0 | −45 | −9 | −22 | 25 | −124 | 27 | 17 | 31 | 20 | 27 | 18 |
| Net income | 0 | −45 | −9 | −22 | 25 | −124 | 27 | 17 | 31 | 20 | 27 | 18 |
| EPS, basic | −$0.00 | −$0.26 | −$0.05 | −$0.13 | $0.14 | −$0.70 | $0.14 | $0.08 | $0.16 | $0.11 | $0.15 | $0.10 |
| EPS, diluted | −$0.00 | −$0.26 | −$0.05 | −$0.13 | $0.14 | −$0.70 | $0.14 | $0.08 | $0.16 | $0.11 | $0.14 | $0.10 |
| Weighted average shares, basic | 174 | 175 | 176 | 176 | 176 | 176 | 190 | 196 | 190 | 185 | 183 | 177 |
| Weighted average shares, diluted | 174 | 175 | 176 | 176 | 180 | 176 | 201 | 200 | 193 | 185 | 185 | 179 |
| EBITDA | 19 | 31 | 5 | −7 | 41 | 22 | 39 | 28 | 46 | 32 | 30 | 30 |
| Depreciation & amortization | 6 | 1 | 4 | 4 | 4 | 1 | 3 | 3 | 1 | 1 | 1 | 1 |
| EBIT | 13 | 29 | 0 | −11 | 37 | 22 | 35 | 25 | 45 | 31 | 29 | 29 |