← Grindr Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | — | $145.8m |
$195.0m
+33.72%
|
$259.7m
+33.16%
|
$344.6m
+32.71%
|
$439.9m
+27.64%
|
$509.8m
+15.89%
|
|
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | — | $37.4m |
$51.3m
+37.27%
|
$67.5m
+31.55%
|
$87.6m
+29.83%
|
$112.6m
+28.52%
|
$127.8m
+13.51%
|
|
| Cost of revenue (exclusive of depreciation and amortization shown separately below) | — | $37.4m |
$51.3m
+37.27%
|
$67.5m
+31.55%
|
$87.6m
+29.83%
|
$112.6m
+28.52%
|
$127.8m
+13.51%
|
|
| Interest Income (Expense), Net | — | — | ($31.5m) |
($46.0m)
-45.88%
|
— | — | — | |
| Gross Profit | — | $108.5m |
$143.7m
+32.51%
|
$192.2m
+33.74%
|
$257.1m
+33.72%
|
$327.3m
+27.34%
|
$382.0m
+16.71%
|
|
| Research and Development Expense | — | $10.9m | $17.9m | $29.3m | $32.8m | $48.9m | $61.9m | |
| Selling, General and Administrative Expense | — | $30.6m | $75.3m | $80.4m | $114.7m | $143.3m | $164.1m | |
| Amortization of Intangible Assets | — | — | $35.2m | $22.2m | $12.5m | $4.0m | — | |
| Operating Expenses | — | $1.8m | — | — | — | — | $358.0m | |
| Total operating expenses | — | $122.1m | $182.0m | $204.2m | $252.0m | $313.6m | $358.0m | |
| Operating Income (Loss) | — | ($1.8m) |
$13.0m
+840.05%
|
$55.4m
+325.38%
|
$92.6m
+67.00%
|
$126.3m
+36.38%
|
$151.8m
+20.18%
|
|
| Interest expense, net | — | ($18.7m) | ($31.5m) | ($46.0m) | ($25.6m) | ($17.6m) | $23.3m | |
| Investment Income, Interest | — | $85k | — | — | — | — | — | |
| Gain (loss) in fair value of warrant liability | — | — | $21.3m | ($49.7m) | ($184.6m) | $9.9m | — | |
| Other income (expense): | ||||||||
| Other Nonoperating Income (Expense) | — | $1.3m | ($2.8m) | $85k | ($715k) | $63k | — | |
| Other income (expense), net | — | $1.3m | ($2.8m) | $85k | ($715k) | $63k | ($3.9m) | |
| Nonoperating Income (Expense) | — | $25.0m | ($13.0m) | ($107.2m) | ($210.9m) | ($7.7m) | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | ($25.6m) | ($17.6m) | — | |
| Total other expense, net | — | $25.0m | ($13.0m) | ($107.2m) | ($210.9m) | ($7.7m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | ($36k) | ($51.6m) | ($118.3m) | $118.6m | $124.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | $6.3m | ($7k) | ($51.7m) | ($118.3m) | $118.6m | $124.6m | |
| Income tax provision | — | $1.2m | ($859k) | $4.0m | $12.7m | $23.9m | — | |
| Current Income Tax Expense (Benefit) | — | — | $10.4m | $12.0m | $18.6m | $21.2m | $29.0m | |
| Net Income (Loss) Attributable to Parent | — | $23.2m |
$852k
-96.33%
|
($55.8m)
-6645.54%
|
($131.0m)
-134.90%
|
$94.8m
+172.33%
|
$95.6m
+0.88%
|
|
| Earnings Per Share, Basic | — | $1.34 | $0.01 | ($0.32) | ($0.74) | $0.45 | $0.47 | |
| Earnings Per Share, Diluted | — | $1.34 | $0.01 | ($0.32) | ($0.74) | $0.43 | $0.47 | |
| Basic (in shares) | — | $34.5m | $157.9m | $174.2m | $175.9m | $190.1m | $183.6m | |
| Diluted (in shares) | — | $34.5m | $159.2m | $174.2m | $175.9m | $195.2m | $185.9m | |
| Weighted Average Number of Shares Outstanding, Basic | — | $34.5m | 157.9m | 174.2m | 175.9m | 190.1m | 183.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | $34.5m | 159.2m | 174.2m | 175.9m | 195.2m | 185.9m | |
| Additional Financial Items | ||||||||
| Capitalized Computer Software, Amortization | — | — | $889k | $2.5m | $3.6m | $3.9m | — | |
| Costs and Expenses | — | $122.1m | $182.0m | $204.2m | $252.0m | $313.6m | — | |
| Depreciation and amortization | — | $43.2m | $37.5m | $27.0m | $16.9m | $8.9m | $4.2m | |
| Loss on extinguishment of debt | — | — | $0 | $11.6m | $0 | $0 | — |