For the quarter ending 2025-09-30, GRND made $115,766K in revenue. $30,834K in net income. Net profit margin of 26.63%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 115,766 | 104,220 | 93,938 | 97,621 |
| Cost of revenue (exclusive of depreciation and amortization shown separately below) | 28,919 | 27,408 | 24,542 | 24,045 |
| Selling, general and administrative expense | 29,256 | 36,457 | 30,240 | 38,355 |
| Product development expense | 11,088 | 12,941 | 10,287 | 10,506 |
| Depreciation and amortization | 1,262 | 3,068 | 3,477 | 4,315 |
| Total operating expenses | 70,525 | 79,874 | 68,546 | 77,221 |
| Income from operations | 45,241 | 24,346 | 25,392 | 20,400 |
| Interest expense, net | -4,668 | -3,564 | -3,875 | -6,273 |
| Other (expense) income, net | -654 | 510 | 148 | -439 |
| Loss on extinguishment of debt | - | - | - | 0 |
| Gain (loss) in fair value of warrant liability | 0 | 0 | -9,905 | 138,978 |
| Total other income (expense), net | -5,322 | -3,054 | 6,178 | -144,779 |
| Net income before income tax | 39,919 | 21,292 | 31,570 | -124,379 |
| Income tax provision | 9,085 | 4,654 | 4,551 | -527 |
| Net income (loss) | 30,834 | 16,638 | 27,019 | -123,852 |
| Basic (in shares) | 189,714,398 | 195,973,149 | 189,767,679 | -351,347,515 |
| Basic (in usd per share) | 0.16 | 0.08 | 0.14 | -0.7 |
| Diluted (in shares) | 192,558,285 | 199,836,986 | 201,048,090 | -355,274,772 |
| Diluted (in usd per share) | 0.16 | 0.08 | 0.09 | -0.65 |
Grindr Inc. (GRND)
Grindr Inc. (GRND)