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Grindr (GRND)
NYSE:GRND
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.08Last Year’s EPS
-0.05Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 05, 2025
|% Change Since: -7.22%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
Grindr demonstrated strong financial performance with significant revenue and user growth. The company successfully navigated past ownership challenges and is confident in its future, as evidenced by a share repurchase program and a robust product roadmap. However, some challenges remain, including past ownership hurdles and cautious market testing for new products.Company Guidance
In Grindr's fourth-quarter and full-year 2024 earnings call, the company reported a 33% year-over-year revenue growth, reaching $345 million, which exceeded initial guidance by 10 percentage points. The adjusted EBITDA margin was 43%, surpassing guidance by 3 percentage points. Key performance indicators showed positive trends, with average monthly active users increasing by 7% to 14.2 million and average paying users rising by 15% to 1.1 million, resulting in a payer penetration of 7.6%. The advertising business grew by 56% year-over-year, contributing to a total of $98 million in fourth-quarter revenue, up 35% from the previous year. For 2025, Grindr provided guidance of over 24% revenue growth and an adjusted EBITDA margin of at least 41%. Additionally, the company announced a $500 million share repurchase program, demonstrating confidence in its long-term potential.Strong Revenue Growth
Grindr's full year revenue grew 33% year-over-year to $345 million, surpassing initial guidance by 10 percentage points.
High Adjusted EBITDA Margin
The company achieved a 43% adjusted EBITDA margin, which was 3 percentage points higher than the initial guidance.
User Engagement and Growth
Users sent more than 130 billion chats, shared over 2 billion albums, and spent more than 70 minutes on average on the app daily. Average monthly active users increased 7% to 14.2 million, and average paying users grew 15% to 1.1 million.
Advertising Business Growth
Grindr's advertising business grew 56% year-over-year, with an 85% year-over-year increase in indirect revenue in Q4.
Share Repurchase Program
Grindr announced its first share repurchase program for up to $500 million, signaling confidence in the company's long-term potential.
Product Innovation and Roadmap
Grindr released its first annual product roadmap, emphasizing AI-first experiences and new features like A-list, For You, and Discover.
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GRND Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GRND Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 05, 2025 | $18.69 | $15.70 | -16.00% |
| Nov 07, 2024 | $14.77 | $15.00 | +1.56% |
| Aug 08, 2024 | $10.70 | $11.61 | +8.50% |
| May 09, 2024 | $10.59 | $10.14 | -4.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Grindr (GRND) report earnings?
Grindr (GRND) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Grindr (GRND) earnings time?
Grindr (GRND) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GRND EPS forecast?
GRND EPS forecast for the fiscal quarter 2025 (Q1) is 0.08.
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