Grindr (GRND) - 2024 Q1 - Quarterly Results
Grindr (GRND)2024-05-09 20:09
1LETTER TO SHAREHOLDERS Q1 2024 Shareholder Letter First Quarter 2024 May 9, 2024 2LETTER TO SHAREHOLDERS Q1 2024 Grindr is off to a great start in 2024, delivering year-over-year revenue growth of 35% and an Adjusted EBITDA margin of 42% in Q1 2024. These results, along with continued strength in our key metrics and momentum in product development, are setting us up for a strong year. As previously indicated, we expect to see elevated revenue growth rates in the first half of 2024 due to our XTRA Weekly su ...