Below are the financial statements of Grindr, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Revenue | 344.64a | 259.69a |
| Operating costs and expenses | — | — |
| Cost of revenue (exclusive of depreciation and amortization shown separately below) | -87.58a | -67.46a |
| Selling, general and administrative expense | -114.74a | -80.42a |
| Product development expense | -32.81a | -29.33a |
| Depreciation and amortization | -16.91a | -27.04a |
| Total operating expenses | -252.04a | -204.24a |
| Income from operations | 92.6a | 55.45a |
| Other income (expense) | — | — |
| Interest expense, net | -25.62a | -46.01a |
| Other (expense) income, net | -0.72a | 0.09a |
| Loss on extinguishment of debt | 0a | -11.58a |
| Loss in fair value of warrant liability | -184.56a | -49.69a |
| Total other expense, net | -210.89a | -107.19a |
| Net loss before income tax | -118.29a | -51.75a |
| Income tax provision | -12.71a | -4.02a |
| Net loss and comprehensive loss | -131a | -55.77a |
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