Short-selling firm Ningi Research has taken a short position on Grindr Inc. GRND, alleging the company is misleading investors with inflated metrics, hiding an SEC investigation, and suffering from a rapidly deteriorating product while insiders sell off hundreds of millions in stock.Check out GRND stock price here. Ningi Alleges GRND Of Inflating User MetricsThe report claims management’s aggressive monetization tactics have created a “short-term sugar high” in revenue that masks a collapsing user base and ...

Short-selling firm Ningi Research has taken a short position on Grindr Inc. GRND, alleging the company is misleading investors with inflated metrics, hiding an SEC investigation, and suffering from a rapidly deteriorating product while insiders sell off hundreds of millions in stock.Check out GRND stock price here. Ningi Alleges GRND Of Inflating User MetricsThe report claims management’s aggressive monetization tactics have created a “short-term sugar high” in revenue that masks a collapsing user base and ...

Question-and-Answer SessionThe third year I've done this as a Grindr CEO but I've done this conference actually in my last company.That's correct. Right. [indiscernible] Alexandra before me -- before she went on to SAP. So thank you so much for always being part of it and always making yourself available. Really appreciate it. So for those in the audience less familiar with the company and the platform and what you're trying to build, why don't you take the opportunity to talk about a little bit of the evol ...

To me, with the stock market retreating from all-time highs, we have to be a bit more creative and lean on single-stock selection to beat the markets through the remainder of FY25. My macro viewpoint is that the overall stock market is overheated, butWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a ...

Question-and-Answer SessionYes. Well, let's jump right in. Thanks, guys, for being here. So George, you've been at Grindr for about 3 years now, taking the company, which is already the category leader, and it's kind of been through a major overhaul. So I think just a good place to start would be how has Grindr changed over the past few years? And kind of what's the vision for the platform over the next 3 to 5 years?George ArisonCEO & Executive Director Yes. Actually, announced me joining like [indiscernibl ...

Grindr (GRND) 2025 Conference September 04, 2025 02:10 PM ET Company ParticipantsVandana Mehta-Krantz - CFOGeorge Arison - CEO & Executive DirectorYgal Arounian - Director - Internet Equity ResearchVandana Mehta-KrantzIf it's hot, it's really going to come in handy.George ArisonWasn't that right? Yeah.Ygal ArounianAll right. Kick it off. Thanks. Thanks everyone for joining. You got all rooting in from the Citi Internet team. Pleased to have with us Grindr CEO George Arison and CFO Anna Krantz. Thanks so muc ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-39714 ________________________ Securities registered pursuant to S ...

Company Performance - Grindr Inc. reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.10 per share, but showing an increase from $0.07 per share a year ago, representing an earnings surprise of -20.00% [1] - The company posted revenues of $104.22 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 0.55%, compared to revenues of $82.35 million in the same quarter last year [2] - Over the last four quarters, Grindr has not surpassed consensus EPS estimates, although it has topped consensus revenue estimates twice [2] Market Outlook - Grindr shares have increased approximately 4.5% since the beginning of the year, while the S&P 500 has gained 7.9% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook, including current consensus earnings expectations for upcoming quarters [4][6] - The current consensus EPS estimate for the next quarter is $0.11 on revenues of $112.8 million, and for the current fiscal year, it is $0.47 on revenues of $434.1 million [7] Industry Context - The Internet - Software industry, to which Grindr belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Data and Key Metrics Changes - In Q2 2025, total revenue grew 27% year over year to $104 million, with an adjusted EBITDA margin of 43% or $45 million, aligning with the raised full-year guidance [11][14] - Direct revenue for the quarter was $87 million, up 24% year over year, driven by subscription offerings and optimizations [12] - Average monthly active users (MAUs) increased by 6% year over year to 14.9 million, while average paying users rose 16% to 1.2 million [12] - Net income for Q2 was $17 million, representing 16% of revenue, compared to a net loss of $22 million in the same period last year [13] Business Line Data and Key Metrics Changes - Direct revenue growth was led by subscription offerings, with average direct revenue per paying user increasing 7% to $23.65 [12] - Indirect revenue reached $17 million, up 39% year over year, driven by new third-party advertising partners and traction in international markets [12] Market Data and Key Metrics Changes - The company noted strong engagement in the Explore feature, with over 25% of users utilizing it monthly, and launched Explore heat maps across 21 markets [6][12] - The company is focusing on expanding its presence in developing markets like India and the Philippines, where there is significant growth potential [27] Company Strategy and Development Direction - The company aims to build one of the leading AI-native consumer companies, leveraging GenAI to enhance user experiences and drive long-term revenue growth [7] - The introduction of mapping features is expected to enhance local discovery and user engagement, with plans for future product initiatives [31] - The company is committed to improving its marketing strategies in various regions, particularly in Latin America and Asia, to better penetrate those markets [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver strong results while executing its long-term vision [5][10] - The company reaffirmed its full-year 2025 outlook of at least 26% revenue growth and an adjusted EBITDA margin of at least 43% [14] Other Important Information - The CFO transition is underway, with the current CFO continuing in her role until a successor is identified [9] - The company has repurchased $325 million in common stock year to date, with $175 million remaining under the share repurchase program [14] Q&A Session Summary Question: What drove the MAU growth in Q2? - Management highlighted three drivers: strong engagement among younger user cohorts, reliance on unique device counting for MAUs, and organic growth from brand recognition [20][21][24] Question: Can you elaborate on the acceleration in indirect revenue? - The CEO noted that indirect revenue growth was driven by increased ad placements and new third-party advertising partnerships, with a focus on maintaining CPM levels [38][39] Question: What are the key drivers behind the increase in operating expenses? - The CFO indicated that increased operating expenses reflect investments in product development and marketing, as well as a more predictable expense profile [43][44] Question: Are there any early learnings from pricing experiments? - Management emphasized that pricing changes will not materially impact 2025 and that the focus is on driving revenue growth through product enhancements [46][47]

AI Native By Design Building gAI to reimagine how Grindr delivers value to users August 7, 2025 © Grindr All rights reserved. 1 LEGAL DISCLOSURE This presentation has been prepared by Grindr Inc. ("Grindr," and together with its subsidiaries, the "Company") for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise or representation by the presenter or the Company or any officer, director, employee, agent or ...