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Grindr Inc. (GRND)
:GRND
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
-0.13Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -2.99%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Positive
The earnings call indicates strong revenue and user growth, successful product launches, and a positive outlook for AI integration and the Woodwork health initiative. Operating expenses increased, but were outweighed by the positive financial and strategic developments.Company Guidance
During Grindr Inc.'s First Quarter 2025 Earnings Call, the company provided updated guidance, projecting full-year revenue growth of 26% or more and an adjusted EBITDA margin of at least 43%. The first quarter saw total revenue of $94 million, marking a 25% year-over-year increase, while adjusted EBITDA reached $41 million, or 43% of revenue. Key drivers included the monetization of the "RightNow" feature, now active in 17 major cities, and the introduction of an AI-native product suite featuring "A List," which leverages user activity data to enhance connections. Grindr Inc. also launched "Woodwork," a men's health subscription service focused on erectile dysfunction medication, reflecting a strategic expansion into healthcare. Despite macroeconomic uncertainties, Grindr Inc. reported a net income of $27 million, a significant improvement from a net loss of $9 million in the same period last year, and maintained a strong cash position with $256 million in cash and cash equivalents.Revenue and EBITDA Growth
Total revenue grew 25% year over year to $94 million. The adjusted EBITDA margin reached 43%, totaling $41 million. Direct revenue increased 24% year over year to $80 million. Indirect revenue for Q1 grew 26% year over year to $14 million.
User Metrics and Engagement
Average monthly active users increased 7% over the prior year to 14.6 million. Average paying users increased 16% over the prior year to 1.2 million, bringing paid penetration to 8% for the quarter. Average direct revenue per paying user increased 8% over the prior year to $22.86 this quarter.
RightNow Feature Expansion
The RightNow feature has been rolled out to 17 major cities, with 20 to 25% of users engaging weekly. It is expected to expand to nearly 50% of weekly active users over the next several weeks.
AI-Native Product Developments
Grindr Inc. announced a suite of AI-native products, including A List, which is in testing with a quarter of unlimited users. The company is committed to becoming an AI-native leader among consumer apps.
Woodwork Health Initiative
Soft beta launch of Woodwork, a men's health subscription service designed for gay people, in partnership with a telehealth provider, Open Loop.
Cash Flow and Stock Repurchase
Generated free cash flow of over $23 million and ended the quarter with approximately $256 million in cash. Repurchased $141 million in common stock with $359 million remaining under the repurchase program.
Increased Guidance
Raised full-year guidance to 26% or greater revenue growth and at least 43% adjusted EBITDA margin due to the positive impact of ongoing tests and RightNow's early monetization.
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
GRND Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $24.45 | $24.00 | -1.84% |
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% |
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.
FAQ
When does Grindr Inc. (GRND) report earnings?
Grindr Inc. (GRND) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is Grindr Inc. (GRND) earnings time?
Grindr Inc. (GRND) earnings time is at Aug 18, 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 (Q2) is 0.11.
