NYSE$GRND

Grindr Inc. · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Grindr reported fiscal 2024 revenue of $344.6M with a net loss of $131.0M.

Revenue was $344.6 million for the year ended December 31, 2024, up 33% year over year. Net loss was $131.0 million, reflecting warrant-fair-value and stock-based compensation; adjusted EBITDA was $147.3 million (42.7% margin).

  • FY24 revenue $344.6M (+33% YoY).
  • Net loss $131.0M; adjusted EBITDA $147.3M.
  • Authorized $500M share repurchase program.
  • 2025 outlook: 24%+ revenue growth, 41%+ adj. EBITDA margin.

Headline financials

Total Revenue

$345M

Previous: $72.1M+378.1%
EPS (adj)

$0.40

Previous: -$0.26+253.8%
Adjusted EBITDA

$147M

No prior period
Adjusted EBITDA Margin

42.7%

No prior period
Net Income Margin

-38.0%

No prior period
Free Cash Flow Conversion

60.8%

No prior period
Net Income

-$131M

Previous: -$55.8M-134.9%
Operating Income

$20M

Previous: $55M-63.6%

Revenue & EPS history

Grindr · Revenue · Quarterly

$345M

Q4 2024+378.1%vs Q4 2023
Beat estimate in 4 of 7 quarters(57%)
ActualEstimate

Forward guidance

Grindr guides 24%+ revenue growth and 41%+ adjusted EBITDA margin in 2025.

Tailwinds

  • User growth and subscription monetization.
  • $500M share repurchase authorization.

Headwinds

  • Warrant and SBC-driven GAAP losses.
  • Regulatory and privacy scrutiny.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+2.4%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+1.6%

Avg return

30 days after

65%

13 / 20 earnings

Positive

+19.1%

Q3 2023

Best reaction

-16.0%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+9.4%+6.0%-21.0%
Q4 2025-2.7%-4.0%+6.2%
Q3 2025+10.7%+8.8%-0.7%
Q1 2025-1.9%-1.4%-4.5%
Q4 2024-16.0%-12.7%-8.1%
Q3 2024+3.9%+1.3%+10.4%
Q2 2024+7.2%+8.3%+7.2%
Q1 2024-3.7%-2.5%-10.0%
Q4 2023+13.3%+15.6%+30.0%
Q3 2023+19.1%+15.5%+46.0%
Q2 2023+7.8%+10.6%+23.3%
Q1 2023-5.5%-6.3%-5.2%
Q2 2022+3.5%+3.5%+4.7%
Q4 2022+2.4%-4.8%-5.6%
Q3 2022+0.2%+0.5%-40.7%
Q1 2022+0.0%+0.1%+0.2%
Q4 2021+0.1%+0.4%+0.1%
Q3 2021+0.1%-0.1%+0.1%
Q2 2021-0.9%-0.6%-0.9%
Q1 2021+0.4%+0.8%+0.9%

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