Grindr (GRND) - 2025 Q3 - Quarterly Results

Financial Performance - Grindr reported third quarter 2025 revenue of $116 million, representing a 30% year-over-year growth[1] - Net income for the quarter was $31 million, with a net income margin of 27%[1] - Adjusted EBITDA reached $55 million, resulting in an adjusted EBITDA margin of 47%[1] - The company expects full-year 2025 adjusted EBITDA to be between $191 million and $193 million, with an adjusted EBITDA margin above 43%[1] - Grindr reaffirmed its revenue growth outlook of 26% or greater for the full year 2025[1] - Free cash flow for the third quarter was $51.2 million, with a free cash flow conversion rate of 93.5%[17] - Net cash provided by operating activities was $55.4 million for the third quarter, up from $29.1 million in the same period last year[17] User Engagement - The average monthly active users (MAU) exceeded 15 million, indicating strong user engagement and growth[20] Strategic Initiatives - The company is focused on enhancing user experience through significant innovations in the Grindr app over the past three years[1] - Grindr is actively exploring strategic transactions, including partnerships and acquisitions, to expand its product offerings and market presence[6]