Grindr Inc.
14.86+0.81 (+5.77%)
Oct 29, 4:00:02 PM EDT · NYSE · GRND · USD
Key Stats
Market Cap
2.85BP/E (TTM)
-Basic EPS (TTM)
-0.39Dividend Yield
0%Recent Filings
8-K
Grindr names new CFO North
Grindr Inc. appointed John F. North as Chief Financial Officer effective October 1, 2025, succeeding Vanna Krantz who transitions to senior advisor until March 31, 2026. North, with over 20 years in finance at public firms like Copart and Avis Budget, receives a $175,000 base salary, 100% target bonus, $150,000 relocation payment, and 730,000 RSUs vesting over five years, plus performance-based equity tied to market cap milestones up to $11 million. This hire bolsters Grindr's finance leadership amid rapid growth. North brings proven scaling expertise.
10-Q
Q2 FY2025 results
Grindr's Q2 revenue climbed 26.6% year-over-year to $104.2M, fueled by 16% growth in average paying users to 1.2M and ARPPU up 7.1% to $23.65, while direct revenue from subscriptions and add-ons rose 24.3% to $86.9M. Operating income held steady at $24.3M despite higher expenses, but net income swung to $16.6M from a $22.4M loss, thanks to the absence of prior warrant fair-value hits. Cash swelled to $120.8M after warrant exercises brought in $314M, offset by $294M in stock repurchases under a new $500M program; free cash flow hit $59.8M for the half-year (derived). Debt stands at $283.5M under the 2023 facility, with $38.4M revolver availability and compliance with covenants. Yet regulatory pressures on data privacy persist.
8-K
Grindr Q2 revenue surges 27%
Grindr Inc. reported Q2 2025 revenue of $104 million, up 27% year-over-year, with net income of $17 million and Adjusted EBITDA of $45 million at a 43% margin. The company highlighted its AI-native strategy, rolling out gAI features like A-List for smarter connections amid 130 billion annual chats. Grindr stays on track for its 2025 outlook. Yet regulatory hurdles loom large.
8-K
Grindr CFO to exit in 2026
Grindr announced CFO Vanna Krantz's planned exit upon successor appointment, with her staying on until March 31, 2026, to ensure smooth handover. The transition agreement offers her 12 months' base salary severance, pro-rated 2026 bonus, 12 months' COBRA, and accelerated vesting of 82,667 RSUs. Yet the company reaffirmed its 2025 guidance: 26%+ revenue growth and 43%+ Adjusted EBITDA margin. Leadership shifts test continuity.
8-K
Grindr appoints finance veteran Cohen
Grindr Inc. announced on June 3, 2025, that board member Gary Horowitz resigned immediately, paving the way for Chad Cohen's appointment to fill the vacancy until the 2025 annual meeting. Cohen, a veteran CFO from Zillow and Adaptive Biotechnologies with deep public company scaling experience, steps in as Audit Committee Chair, bringing fresh financial oversight. This board refresh bolsters governance amid Grindr's growth. No disagreements prompted Horowitz's exit.