GRND

EX-99.1

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EX-99.1

Document

Exhibit 99.1

Grindr Inc. Reports Second Quarter 2026 Revenue Growth of 33%, Raises Guidance

Second Quarter 2026 Revenue of $138 Million

Net Income of $18 Million, Net Income Margin of 13%

Adjusted EBITDA of $58 Million, Adjusted EBITDA Margin of 42%

Increases expectation of full-year 2026 Revenue to approximately $540 Million and Adjusted EBITDA to approximately $232 Million

LOS ANGELES, CA – August 6, 2026 – Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the second quarter ended June 30, 2026, in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website: https://investors.grindr.com/.

“Driven by strong user engagement and organic momentum, Grindr delivered an outstanding second quarter. Because our users are responding even better than anticipated to the expanded value and capabilities built into the product experience, we are raising our full-year 2026 revenue and Adjusted EBITDA guidance,” said George Arison, Chairman and CEO. “As we continue terraforming Grindr into an AI-native organization, we are unlocking significant operating leverage – allowing us to accelerate our roadmap, including next-generation products like Edge, and improve the core user experience, all within our exceptionally lean operating model. At the same time, Q2’s landmark Madonna partnership demonstrated Grindr’s exceptional cultural and commercial power. We are executing at high velocity, expanding our best-in-class profitability, and building a larger, more essential platform for gay life.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s second quarter 2026 financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr Second Quarter 2026 Earnings Conference Call

Date: Thursday, August 6, 2026

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

Some of the statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws, including our guidance for 2026. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will,” “would,” or the negative version of these words or other comparable words or phrases.

The forward-looking statements contained in this press release reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. There are no guarantees that any transactions or events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•market perception of our brand;

•the impact of the legal environment and complexities with litigation and regulatory compliance related to such environment, including maintaining compliance with privacy, data protection, consumer protection and online safety laws and regulations, as well as laws that may apply to any new products or services we have introduced and may introduce in the future, including in the health and wellness sector;

•our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

•our ability to detect and suppress illegal activity;

•our ability to identify and consummate strategic transactions including strategic partnerships, acquisitions, or investments in complementary products, services, or technologies, including outside of our core product; and our ability to realize the intended benefit of such transactions;

•our success in retaining or recruiting dir

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Document

Exhibit 99.1

Grindr Inc. Reports First Quarter 2026 Revenue Growth of 38%, Raises Guidance

First Quarter 2026 Revenue of $130 Million

Net Income of $27 Million, Net Income Margin of 21%

Adjusted EBITDA of $58 Million and Adjusted EBITDA Margin of 45%

Increasing expectation of full-year 2026 Revenue of at least $535 Million and Adjusted EBITDA of at least $227 Million

LOS ANGELES, CA – May 7, 2026 – Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the first quarter ended March 31, 2026, in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website: https://investors.grindr.com/.

“Grindr’s exceptional first quarter performance sets us up for another year of strong growth, reflected in our raised 2026 outlook,” said George Arison, Grindr CEO. “The team is executing with speed and precision as we invest in durable core growth, prepare for the global launch of Edge, and continue broadening Grindr’s cultural relevance. We are making the core use case better through new features in Right Now, while also expanding Grindr’s role in the lives of our users. That means extending the platform’s ability to deliver new experiences, attract iconic partners, and create new forms of value for our community and our shareholders.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s first quarter 2026 financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr First Quarter 2026 Earnings Conference Call

Date: Thursday, May 7, 2026

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

Some of the statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws, including our guidance for 2026. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will” or the negative version of these words or other comparable words or phrases.

The forward-looking statements contained in this press release reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. There are no guarantees that any transactions or events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•market perception of our brand;

•the impact of the legal environment and complexities with litigation and regulatory compliance related to such environment, including maintaining compliance with privacy, data protection, consumer protection and online safety laws and regulations, as well as laws that may apply to any new products or services we have introduced and may introduce in the future, including in the health and wellness sector;

•our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

•our ability to identify and consummate strategic transactions including strategic partnerships, acquisitions, or investments in complementary products, services, or technologies, including outside of our core product; and our ability to realize the intended benefit of such transactions;

•our success in retaining or recruiting directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles;

•our ability to respond to general economic conditions;

•competition in the dating and social networking products and services industry;

•our ability to adapt to changes in technology and user preferences in a timely and

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3 exhibit991-fy25earningsrel.htm

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Document

Exhibit 99.1

Grindr Inc. Delivers 28% Full Year 2025 Revenue Growth

Introduces 2026 Guidance: Revenue Greater than $528 Million and Adjusted EBITDA Greater than $217 Million

Announces $400 Million Increase to Common Stock Repurchase Program; Program Extended to March 2029

LOS ANGELES, CA – February 26, 2026 – Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the fourth quarter and fiscal year ended December 31, 2025, in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website: https://investors.grindr.com/.

The Company also announced that its Board of Directors has authorized an increase in the Company’s share repurchase program by up to an additional $400 million of Grindr’s common stock, and extended the program to March 2029. Under the program, the Company may make repurchases, from time to time, through open market purchases, block trades, in privately negotiated transactions, accelerated stock repurchase transactions, or by other means. The increase is on top of the approximately $50 million of repurchase authority remaining under the $500 million originally announced in March 2025.

“Grindr delivered exceptional results in 2025 and delivered fourth quarter results that exceeded the increased outlook for the year we provided in November. We delivered net income of $95 million and our full-year Adjusted EBITDA of $196 million was higher than our annual revenue when we went public just three years ago, demonstrating strong execution and high productivity,” said George Arison, Grindr CEO. “We intend to raise the bar even higher in 2026 as we invest in premium experiences, durable core growth initiatives, and stronger platform foundations, all supported by our rapidly growing AI capabilities. We are building for sustainable, profitable long-term growth, and we’re just getting started.”

No Offer or Solicitation

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of Grindr, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s fourth quarter and fiscal year 2025 financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr Fourth Quarter and Fiscal Year 2025 Earnings Conference Call

Date: Thursday, February 26, 2026

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

Some of the statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws, including our guidance for 2026. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will” or the negative version of these words or other comparable words or phrases.

The forward-looking statements contained in this press release reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. There are no guarantees that any transactions or events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•market perception of our brand;

•the impact of the legal environment and complexities with litigation and regulatory compliance related to such environment, including maintaining compliance with privacy, data protection, consumer protection and online safety laws and regulations, as well as laws that may apply to any new product

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Exhibit 99.1

Grindr Inc. Reports Third Quarter 2025 Revenue Growth of 30%

Third Quarter 2025 Revenue of $116 Million

Net Income of $31 Million, Net Income Margin of 27%

Adjusted EBITDA of $55 Million and Adjusted EBITDA Margin of 47%

Increasing expectation for full-year 2025 Adjusted EBITDA to be between $191 Million - $193 Million,

with an Adjusted EBITDA margin above 43%, and reaffirming Revenue Growth outlook of 26% or greater

LOS ANGELES, CA – November 6, 2025 – Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the quarter ended September 30, 2025, in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website: https://investors.grindr.com/.

“Grindr delivered an outstanding third quarter, setting up the Company for another great year of financial performance in 2025,” said George Arison, Grindr’s CEO. “Our MAU, paying user and ARPPU growth, combined with strong engagement metrics, demonstrate that our community is embracing the significant innovations we have built into the Grindr app over the past three years. We are delivering more than ever, both to users who want to pay for enhanced products, and to our large and uniquely robust base of free users who ensure our platform remains vibrant, relevant and ever-growing.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the financial results of the Company’s third quarter 2025. The webcast of the conference call can be accessed as follows:

Event: Grindr Third Quarter 2025 Earnings Conference Call

Date: Thursday, November 6, 2025

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

Some of the statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws, including our guidance for 2025. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will” or the negative version of these words or other comparable words or phrases.

The forward-looking statements contained in this press release reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy, data protection, and online safety laws and regulations, as well as laws that may apply to any new products or services we introduce, including in the health and wellness sector;

•our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

•our ability to identify and consummate strategic transactions including strategic partnerships, acquisitions, or investments in complementary products, services, or technologies, including outside of our core product; and our ability to realize the intended benefit of such transactions;

•our success in retaining or recruiting directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles;

•our ability to respond to general economic conditions;

•competition in the dating and social networking products and services industry, and the performance and functionality of our app;

•our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner;

•our ability to successfully adopt generative artificial intelligence (“AI”) and machine learning (“ML”) processes and algorithms into our dai

EX-99.1

2 exhibit991-q22025earningsr.htm

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Exhibit 99.1

Grindr Inc. Reports Second Quarter 2025 Revenue Growth of 27%

Second Quarter 2025 Revenue of $104 Million

Net Income of $17 Million, Net Income Margin of 16%

Adjusted EBITDA of $45 Million and Adjusted EBITDA Margin of 43%

LOS ANGELES, CA – August 7, 2025 – Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the quarter ended June 30, 2025 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website: https://investors.grindr.com/.

“Grindr delivered another strong quarter keeping us firmly on track to achieve our 2025 outlook,” said George Arison, Chief Executive Officer of Grindr. “We are delivering on our performance objectives while continuing to execute at a high level on our product innovation and AI roadmaps. Grindr has a unique set of assets and capabilities that position us to build a leading AI-native consumer platform, which we believe allows us to maintain our competitive advantage and long-term shareholder value.”

For more on Grindr’s AI-native approach, a supplemental investor presentation has been posted on Grindr’s Investor Relations website, https://investors.grindr.com/.

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the financial results of the Company’s second quarter 2025. The webcast of the conference call can be accessed as follows:

Event: Grindr Second Quarter 2025 Earnings Conference Call

Date: Thursday, August 7, 2025

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

Some of the statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws, including our guidance for 2025. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will” or the negative version of these words or other comparable words or phrases.

The forward-looking statements contained in this press release reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy, data protection, and online safety laws and regulations, as well as laws that may apply to any new products or services we introduce, including in the health and wellness sector;

•our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

•our ability to identify and consummate strategic transactions including strategic partnerships, acquisitions, or investments in complementary products, services, or technologies, including outside of our core product; and our ability to realize the intended benefit of such transactions;

•our success in retaining or recruiting directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles;

•our ability to respond to general economic conditions;

•competition in the dating and social networking products and services industry, and the performance and functionality of our app;

•our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner;

•our ability to successfully adopt generative artificial intelligence (“AI”) and machine learning (“ML”) processes and algorithms into our daily operations, including by deploying generative AI and ML into our products and services;

•our dependence on the integrity o

EX-99.1

2 exhibit991-q12025earningsr.htm

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Document

Exhibit 99.1

Grindr Inc. Reports First Quarter 2025 Revenue Growth of 25%

Raises FY 2025 Guidance to 26% or Greater Revenue Growth and At Least 43% Adjusted EBITDA Margin

Releases new AI-powered experience called A-List and expands reach of Right Now

LOS ANGELES, CA – May 8, 2025 – Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the first quarter ended March 31, 2025 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website: https://investors.grindr.com/.

“We’re off to a fantastic start in 2025 — delivering strong results and raising our outlook for the year,” said George Arison, CEO of Grindr. “We’ve begun early testing of A-List — our AI-powered premium experience, expanded Right Now, and soft beta launched the first product within our gayborhood expansion vision. This is the biggest year for product innovation in our history, and the team is executing at an exceptional level.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s first quarter 2025 financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr First Quarter 2025 Earnings Conference Call

Date: Thursday, May 8, 2025

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

Some of the statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws, including our guidance for 2025. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will” or the negative version of these words or other comparable words or phrases.

The forward-looking statements contained in this press release reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. There are no guarantees that any transactions or events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy, data protection, and online safety laws and regulations, as well as laws that may apply to any new products or services we introduce in the health and wellness sector;

•our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

•our ability to identify and consummate strategic transactions including strategic partnerships, acquisitions, or investments in complementary products, services, or technologies, including outside of our core product; and our ability to realize the intended benefit of such transactions;

•our success in retaining or recruiting directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles, and the strength of the Company’s team;

•our ability to respond to general economic conditions;

•competition in the dating and social networking products and services industry, and the performance and functionality of our app;

•our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner;

•our ability to successfully adopt generative artificial intelligence (“AI”) and machine learning (“ML”) processes and algorithms into our daily operations, including by deploying generative AI and ML into our products and services;

•our dependence on the integrity of third-party systems and infrastructure;

•our ability to protect our intel

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2 exhibit991-fy2024earningsr.htm

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Document

Exhibit 99.1

Grindr Inc. Delivers 33% Full Year 2024 Revenue Growth

Guidance of 24% or Greater Revenue Growth and 41%+ Adjusted EBITDA Margin in 2025

Announces $500 Million Common Stock Repurchase Program

LOS ANGELES, CA – March 5, 2025 – Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the fourth quarter and fiscal year ended December 31, 2024 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website: https://investors.grindr.com/.

The Company also announced that its board of directors has authorized a two-year share repurchase program of up to $500 million of Grindr’s common stock. Under the program, the Company may make repurchases, from time to time, through open market purchases, block trades, in privately negotiated transactions, accelerated stock repurchase transactions, or by other means until March 2027.

“2024 was a landmark year for Grindr. In addition to delivering financial performance significantly above our initial expectations, we set our vision for building the Global Gayborhood, began to execute on an ambitious long-term product roadmap, strengthened our team, and significantly enhanced the functionality and performance of our app for our community,” said George Arison, CEO of Grindr. “With our 2025 guidance, we will continue to deliver another strong growth year. The foundation we’ve built in a short amount of time leaves me truly inspired about what Grindr can accomplish and tremendously enthusiastic about our long-term potential. This is underscored by the $500 million share repurchase program we are announcing today.”

On January 23, 2025, the Company announced that it would redeem all of its public and private warrants that remain unexercised as of 5:00 p.m., New York City time on February 24, 2025 (the “Redemption Date”), at a redemption price of $0.10 per warrant. Of the 37,359,825 warrants that were outstanding as of January 23, 2025, (i) an aggregate of 9,469,634 warrants were exercised on a cashless basis in exchange for the issuance of 3,418,518 shares of common stock; and (ii) 27,315,105 warrants were exercised for an aggregate of 27,315,105 shares of common stock at an exercise price of $11.50 per share, for aggregate cash proceeds to the Company of $314.1 million. A total of 575,086 warrants remained unexercised as of the Redemption Date, and the Company redeemed those warrants for an aggregate redemption price of $0.1 million. Following the Redemption Date, the Company had no warrants outstanding. In connection with the redemption, the public warrants listed on the New York Stock Exchange (“NYSE”) under the ticker symbol “GRND.WS” ceased trading on the NYSE as of the close of trading on February 21, 2025, which was the last trading day prior to the Redemption Date, and were subsequently delisted. Shares of the Company’s common stock continue to trade on NYSE under the symbol “GRND”.

No Offer or Solicitation

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of Grindr, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s fourth quarter and fiscal year 2024 financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr Fourth Quarter and Fiscal Year 2024 Earnings Conference Call

Date: Wednesday, March 5, 2025

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

Some of the statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws, including our guidance for 2025. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “upcoming,” “will” or the negative version of these words or ot

EX-99.1

2 exhibit991-2025warrantrede.htm

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Document

Exhibit 99.1

Grindr Inc. Expects to Beat 2024 Revenue Outlook and Announces Redemption of Warrants

Company Projects Full-Year 2024 Revenue of $343–$345 Million and Reaffirms

Adjusted EBITDA Margin of 42% or Greater

Announces Redemption of Public Warrants and Private Placement Warrants

LOS ANGELES, CA – January 23, 2025 – Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today announced that it is providing notice to holders of its outstanding public warrants and private placement warrants (collectively, the “warrants”) that it will redeem the warrants at a redemption price of $0.10 per warrant at 5:00 p.m. New York City time on February 24, 2025 (the “Redemption Date”). Holders of the warrants may instead elect to exercise their warrants until 5:00 p.m. New York City time on the Redemption Date. At the time of this press release, Grindr has 18,799,825 public warrants and 18,560,000 private placement warrants outstanding.

Redemption of Outstanding Warrants

Pursuant to the terms of the warrant agreement, Grindr is entitled to redeem all, but not less than all, of the outstanding warrants at a redemption price of $0.10 per warrant if the last reported sales price of its common stock, for any 20 trading days within the 30 trading-day period ending on the third trading day prior to the date on which the notice of redemption is given, equals or exceeds $10.00 per share and is less than $18.00 per share. This share price condition was met as of January 17, 2025, three trading days prior to the redemption notice being provided on January 23, 2025.

At the Company’s request, the warrant agent is delivering a notice of redemption to each of the registered holders of the warrants on behalf of the Company.

If a holder of warrants does not wish for its warrants to be redeemed, such holder may exercise its warrants until 5:00 p.m., New York City time, on the Redemption Date. In connection with the redemption, warrant holders may elect to (i) exercise their warrants for cash, at an exercise price of $11.50 per share of the Company’s common stock; or (ii) exercise their warrants on a “cashless basis” in accordance with subsection 6.1.2 of the warrant agreement, in which case, the holder will receive a number of shares of the Company’s common stock to be determined in accordance with the terms of the warrant agreement and based on the Redemption Date and the volume-weighted average price of the Company’s common stock during the ten trading days immediately following January 23, 2025, the date on which the redemption notice was sent to holders of warrants. In no event will the number of shares of common stock issued in connection with an exercise on a cashless basis in accordance with subsection 6.1.2 of the warrant agreement exceed 0.361 shares of common stock per warrant. Any warrants that remain unexercised as of 5:00 p.m., New York City time, on the Redemption Date, will be void and no longer exercisable, and the holders of those warrants will be entitled to receive $0.10 per warrant.

Holders of warrants in “street name” should immediately contact their broker to determine their broker’s procedure for exercising their warrants since the process to exercise is voluntary.

The public warrants are listed on the New York Stock Exchange under the ticker symbol “GRND.WS.” Grindr understands from the New York Stock Exchange that, as a result of the redemption of the outstanding warrants, the warrants will cease to be listed on the New York Stock Exchange, effective at the close of trading on February 21, 2025, which is the trading day prior to the Redemption Date.

None of Grindr, its board of directors or employees have made or are making any representation or recommendation to any warrant holder as to whether or not to exercise or refrain from exercising any warrants.

The shares of common stock underlying the warrants have been registered by Grindr under the Securities Act of 1933, as amended, and are covered by a registration statement filed with, and declared effective by, the Securities and Exchange Commission (Registration No. 333-268782).

Questions concerning redemption and exercise of the warrants can be directed to Continental Stock Transfer & Trust Company, by mail at One State Street, 30th Floor, New York, NY 10004-1571, or by telephone at 800-509-5586. For a copy of the notice of redemption sent to the holders of the warrants and a prospectus relating to the shares of common stock issuable upon exercise of the warrants, please send an email request to IR@grindr.com or visit our website at https://investors.grindr.com/overview/default.aspx.

No Offer or Solicitation

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of Grindr, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation

EX-99.1

2 exhibit991-2024q3earningre.htm

EX-99.1

Document

Exhibit 99.1

Grindr Inc. Reports Third Quarter 2024 Revenue Growth of 27%, Raises Revenue Guidance

Third Quarter 2024 Revenue of $89 Million

Net Income of $25 Million, Net Income Margin of 28%

Adjusted EBITDA of $40 Million and Adjusted EBITDA Margin of 45%

Raising FY 2024 Guidance to 29% or Greater Revenue Growth

LOS ANGELES, CA – November 7, 2024 – Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your PocketTM, today posted its financial results for the third fiscal quarter ended September 30, 2024, in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.

“Grindr delivered another quarter of strong performance across all key financial and user metrics, enabling us to again raise our revenue outlook for 2024,” said George Arison, CEO of Grindr. “We have made great progress this year in making our app experience better and introducing compelling products and features that address user intent. By staying focused on our users, we expect to continue our momentum in 2025.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s third quarter 2024 financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr Third Quarter 2024 Earnings Conference Call

Date: Thursday, November 7, 2024

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com

Forward Looking Statements

This press release contains statements that may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “seeks,” “should,” “upcoming,” “will” or the negative version of these words or other comparable words or phrases.

The forward-looking statements, including statements regarding our strategic priorities; product innovation; improvements and changes in user experience; plans, products, and features, including AI-driven features; our long-term vision; Grindr for Equality initiatives; and our annual revenue growth and adjusted EBITDA guidance for 2024, reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. There are no guarantees that any transactions or events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy, data protection, and user safety laws and regulations;

•our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

•our success in retaining or recruiting directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles;

•our ability to respond to general economic conditions;

•competition in the dating and social networking products and services industry;

•our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner;

•our ability to successfully adopt generative artificial intelligence processes and algorithms into our daily operations, including by deploying generative artificial intelligence and machine learning into our products and services;

•our dependence on the integrity of third-party systems and infrastructure;

•our ability to protect our intellectual property rights from unauthorized use by third parties;

•whether the concentration of our stock ownership and voting power limits our stockholders’ ability to influence corporate matters; and

•the effects of macroeconomic and geopoli

EX-99.1

2 exhibit991-2024q2earningre.htm

EX-99.1

Document

Exhibit 99.1

Grindr Inc. Reports Second Quarter 2024 Revenue Growth of 34%, Raises Revenue and Adjusted EBITDA Guidance

Second Quarter 2024 Revenue of $82 Million, Operating Income of $25 Million

Net Loss Margin of 27% and Adjusted EBITDA Margin of 45%

Raising FY 2024 Guidance to 27% or Greater Revenue Growth and 42%+ Adjusted EBITDA Margin

LOS ANGELES, CA – August 8, 2024 – Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your PocketTM, today posted its financial results for the second fiscal quarter ended June 30, 2024, in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.

“Our outstanding second quarter results reflect continued global user growth as we enhance the value and merchandising of our product offerings,” said George Arison, CEO of Grindr. “Our strong execution increases our confidence in our 2024 outlook, which we have raised today. We are looking forward to delivering more for our users and driving continued performance momentum while progressing toward our long-term vision of building the Global Gayborhood in Your PocketTM.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s second quarter 2024 financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr Second Quarter 2024 Earnings Conference Call

Date: Thursday, August 8, 2024

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com

Forward Looking Statements

This press release contains statements that may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “seeks,” “should,” “upcoming,” “will” or the negative version of these words or other comparable words or phrases.

The forward-looking statements, including statements regarding our strategic priorities; product roadmap; new plans, products, and features; AI-first features; our long term vision and our annual revenue and adjusted EBITDA guidance for 2024, reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. There are no guarantees that any transactions or events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy, data protection, and user safety laws and regulations;

•our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

•our success in retaining or recruiting our directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles;

•our ability to respond to general economic conditions;

•competition in the dating and social networking products and services industry;

•our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner;

•our ability to successfully adopt generative artificial intelligence processes and algorithms into our daily operations, including by deploying generative artificial intelligence and machine learning into our products and services;

•our dependence on the integrity of third-party systems and infrastructure;

•our ability to protect our intellectual property rights from unauthorized use by third parties;

•whether the concentration of our stock ownership and voting power limits our stockholders’ ability to influence corporate matters; and

•the effects of macroeconomic and geopolitical events on o

EX-99.1

2 exhibit991-2024q1earningre.htm

EX-99.1

Document

Exhibit 99.1

Grindr Inc. Reports First Quarter 2024 Revenue Growth of 35%

First Quarter 2024 Revenue $75 Million, Operating Income of $19 Million

Net Loss Margin of 12.5% and Adjusted EBITDA Margin of 41.9%

LOS ANGELES, CA – May 9, 2024 – Grindr Inc. (NYSE: GRND), the premiere LGBTQ+ social connector, today posted its financial results for the first fiscal quarter ended March 31, 2024 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.

“Grindr is off to an outstanding start to 2024, highlighted by revenue growth of 35% year-over-year and strong margins in our first quarter,” said George Arison, Grindr’s Chief Executive Officer. “Results were excellent across the business. We’re making good progress on our strategic priorities for the year, highlighted by our product roadmap with two new products in development built with user intent in mind. We are excited about the opportunities ahead in 2024 and beyond as we execute on our long-term vision to build the ‘Global Gayborhood in Your Pocket’.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s first quarter 2024 financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr First Quarter 2024 Earnings Conference Call

Date: Thursday, May 9, 2024

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com

Forward Looking Statements

This press release contains statements that may constitute as forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “seeks,” “should,” “upcoming,” “will” or the negative version of these words or other comparable words or phrases.

The forward-looking statements, including statements regarding strategic priorities, product roadmap, new products and long term vision, reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. There are no guarantees that any transactions or events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy, data protection, and user safety laws and regulations;

•our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

•our success in retaining or recruiting our directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles;

•our ability to respond to general economic conditions;

•competition in the dating and social networking products and services industry;

•our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner;

•our dependence on the integrity of third-party systems and infrastructure;

•our ability to protect our intellectual property rights from unauthorized use by third parties;

•whether the concentration of our stock ownership and voting power limits our stockholders’ ability to influence corporate matters; and

•the effects of macroeconomic and geopolitical events on our business, such as health epidemics, pandemics, natural disasters, and wars or other regional conflicts.

In addition, statements that “Grindr believes” or “we believe” and similar statements reflect our beliefs and opinions on the relevant subjects as of the date of any such statement. These statements are based upon information available to us as of the date they are made, and while we believe

EX-99.1

2 exhibit991-fy2023earningsr.htm

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Document

Exhibit 99.1

Grindr Inc. Reports Fiscal Year 2023 Revenue Growth of 33%

Grindr Inc. Reports 2023 Q4 and Full Year 2023 Earnings Results

2023 Full Year Revenue was $260 Million, Operating Income was $55 Million, Net Loss Margin of 21% and Adjusted EBITDA Margin of 42%

121 Billion Chats Sent in 2023, with Revenue from Paying Users up 38%

Guidance of 23% or Greater Revenue Growth and 40%+ Adjusted EBITDA Margin in 2024

LOS ANGELES, CA – March 7, 2024 – Grindr Inc. (NYSE: GRND), the world’s largest social network and dating app for the LGBTQ community, today posted its financial results for the fourth quarter and fiscal year ended December 31, 2023 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.

“The Grindr team delivered an outstanding first full year as a public company. Our results came in well ahead of our financial guidance; we generated solid growth in paying users supported by the launch of Weeklies, our popular weekly subscription product; and we drove best-in-class user engagement through our improved user experience, highlighted by over 121 billion chats sent on the platform in 2023 and roughly an hour spent on Grindr per day, per user,” said George Arison, Chief Executive Officer of Grindr. “We’ve entered 2024 with strong momentum and we’re excited about the year ahead, with a robust product roadmap and a growing team. We look forward to sharing more about our plans at our first-ever Investor Day event in June.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s fourth quarter and fiscal year 2023 financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr Fourth Quarter and Fiscal Year 2023 Earnings Conference Call

Date: Thursday, March 7, 2024

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

This press release contains statements that may constitute as forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “seeks,” “should,” “will” or the negative version of these words or other comparable words or phrases.

The forward-looking statements, including guidance related to revenue growth and adjusted EBITDA margin, reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. There are no guarantees that any transactions or events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

•our ability to retain existing users and add new users;

•the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy, data protection, and user safety laws and regulations;

•our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

•our success in retaining or recruiting our directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles;

•our ability to respond to general economic conditions;

•competition in the dating and social networking products and services industry;

•our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner;

•our dependence on the integrity of third-party systems and infrastructure;

•our ability to protect our intellectual property rights from unauthorized use by third parties.

•whether the concentration of our stock ownership and voting power limits our stockholders’ ability to influence corporate matters; and

•the effects of macro

grnd-20240304

false000182014400018201442024-03-042024-03-040001820144us-gaap:CommonStockMember2024-03-042024-03-040001820144us-gaap:WarrantMember2024-03-042024-03-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 4, 2024

Grindr Inc.

(Exact name of registrant as specified in its charter)

Commission file number 001-39714

Delaware92-1079067

(State or other jurisdiction of

incorporation)

(IRS Employer Identification No.)

PO Box 69176

750 N. San Vicente Blvd., Suite RE 1400

West Hollywood, California 90069

(Address of Principal Executive Offices)(Zip Code)

(310) 776-6680

Registrant's telephone number, including area code

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered

Common Stock, $0.0001 par value per shareGRNDNew York Stock Exchange

Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per shareGRND.WSNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02     Results of Operations and Financial Condition

In conjunction with the participation of Grindr Inc. (the “Company”) in investment conferences on March 4 and 5, 2024, the Company will report that it anticipates meeting or exceeding previously issued guidance for the fiscal year ended December 31, 2023, as stated in the Company’s press release furnished as Exhibit 99.1 to the Company’s 8-K filed on November 13, 2023. The Company plans to release its full financial results for the quarter and fiscal year ended December 31, 2023 after the market closes on March 7, 2024.

This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including statements regarding the Company’s expected financial results for the year ended December 31, 2023. These forward-looking statements may be identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “enable,” “expect,” “plan,” “will,” and other similar terms and phrases. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated by these forward-looking statements, including those factors contained in the “Risk Factors” section of our SEC filings. It is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this Current Report on Form 8-K. The results, events and circumstances reflected in the forward-looking statements may not be achieved or occur. The Company assumes no obligation to, and does not currently intend to, update any such forward-looking statements, except as required by law.

The information contained herein is being furnished under “Item 2.02 Results of Operations and Financial Condition” and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission made by us, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

SIGNATURES

Pu

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Document

Exhibit 99.1

Grindr Inc. Reports Third Quarter 2023 Revenue Growth of 39%, Raises Guidance

Third Quarter Revenue was $70.3 Million

Net Loss of $0.4 Million, Net Loss Margin of 1%

Operating Income of $16.6 Million, Adjusted EBITDA of $32.6 million and Adjusted EBITDA Margin of 46%

Raising FY 2023 Guidance to 31% or Greater Revenue Growth and 41%+ Adjusted EBITDA Margin

LOS ANGELES, CA – November 13, 2023 – Grindr Inc. (NYSE: GRND), the world’s largest social network for the LGBTQ community, today posted its financial results for the third quarter ended September 30, 2023 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.

“We delivered another strong quarter as more users are engaging with our new paid offerings,” said George Arison, Chief Executive Officer of Grindr. “Based on continued solid business trends we are again raising our financial outlook for 2023. Looking into next year and beyond we are focused on building a high-performance team across the organization to drive our product roadmap and we are very excited about the many long-term opportunities to deliver more to our community.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s third quarter financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr Third Quarter 2023 Earnings Conference Call

Date: Monday, November 13, 2023

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

This press release contains “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 regarding Grindr’s current views with respect to our industry, operations and future business plans and performance. These forward-looking statements can generally be identified by the use of forward-looking terminology, such as “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “seeks,” “should,” “will” or the negative version of these words or other comparable words or phrases, but the absence of these words does not mean that a statement is not forward-looking.

These forward-looking statements include, among others, statements about our growth opportunities, expectations regarding new product launches and their expected effect on full year 2023 guidance, including the expected continued success of Weeklies, our 2023 strategic priorities, our plan to generate sustainable double-digit revenue growth and strong profitability and our full year 2023 guidance. Forward-looking statements, including guidance related to revenue growth and adjusted EBITDA margin, are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are not guarantees of future performance and are subject to risks and uncertainties that may cause actual results to differ materially from our expectations discussed in the forward-looking statements. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to:

•our reliance on historical data, which may be of limited reliability, in providing revenue guidance;

•our success in retaining or recruiting our directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles;

•the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy and data protection laws and regulations;

•our ability to respond to general economic conditions;

•factors relating to the business, operations and financial performance of Grindr and our subsidiaries, including:

◦competition in the dating and social networking products and services industry;

◦the ability to maintain and attract users;

◦fluctuation in quarterly and yearly results;

◦our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner;

◦our ability to protect systems and infrastructures from cyber-attacks and prevent unauthorized data access;

◦our dependence on the integrity of third-party systems and infrastructure; and

◦our ability to protect our intellectual property rights from unauthorized use by third parties.

•whether the concentration of our stock ownership and voting power limits our stockholders’ ability to influence corporate matters;

•the effects macroeconomic and geopolitical events on our business, such as health epidemics, pande

EX-99.1

2 brhc20057468_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

Grindr Inc. Reports Second Quarter 2023 Revenue Growth of 32%, Raises Guidance

Second Quarter Revenue was $61.5 Million

Net Income of $22.3 Million, Net Income Margin of 36%

Operating Income of $13.9 Million, Adjusted EBITDA of $26.9 million and Adjusted EBITDA Margin of 44%

Raising FY 2023 Guidance to 28% or Greater Revenue Growth and 41%+ Adjusted EBITDA Margin

LOS ANGELES, CA – August 14, 2023 – Grindr Inc. (NYSE: GRND), the world’s largest social network for the LGBTQ community, today posted its financial results for the second quarter ended June 30, 2023 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.

“We continue to make progress against our strategic priorities, as demonstrated by our strong financial performance and incredible user engagement through the first half of the year,” said George Arison, Chief Executive Officer of Grindr. “Our recently-launched weekly subscription offering was met with high demand and contributed to a great top-line result for the quarter. In addition to improving monetization, we added new features to the core app and continued serving our community throughout the second quarter. Due to our strength in the first half of 2023, we are raising our full-year outlook to 28% or greater revenue growth and 41% or greater EBITDA margin, up from 25% and 38%, respectively.”

Earnings Webcast Information

Grindr will host a live webcast tomorrow at 2:00 p.m. Pacific Time to discuss the Company’s second quarter financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr Second Quarter 2023 Earnings Conference Call

Date: Tuesday, August 15, 2023

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

This press release contains “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 regarding Grindr’s current views with respect to our industry, operations and future business plans and performance. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “seeks,” “projects,” “intends,” “plans,” “may,” “will” or “should” or, in each case, their negative or other variations or comparable terminology, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, among others, statements about our growth opportunities, expectations regarding new product launches and their expected effect on full year 2023 guidance, including the expected continued success of Weeklies, our 2023 strategic priorities, our plan to generate sustainable double-digit revenue growth and strong profitability and our full year 2023 guidance. Forward-looking statements, including guidance related to revenue growth and adjusted EBITDA margin, are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are not guarantees of future performance

and are subject to risks and uncertainties that may cause actual results to differ materially from our expectations discussed in the forward-looking statements. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our reliance on historical data, which may be of limited reliability, in providing revenue guidance; (ii) the impact of the regulatory environment and complexities with compliance related to such environment; (iii) our ability to respond to general economic conditions; (iv) factors relating to the business, operations and financial performance of Grindr and our subsidiaries, including: (a) competition in the dating and social networking products and services industry; (b) the ability to maintain and attract users; and

(c) fluctuation in quarterly and yearly results; (v) natural disasters, outbreaks and pandemics, including the COVID-19 pandemic; (vi) our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner; (vii) our ability to maintain compliance with privacy and data protection laws and regulations; (viii) our ability to protect systems and infrastructures from cyber-attacks and prevent unauthorized data access; (ix) our dependence on the integrity of third-party systems and infrastructure; and (x) our ability to protect our intellectual property rights from unauthorized use by third parties. The foregoing list of factors is not exhaustive. Further information on these and additional

EX-99.1

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EXHIBIT 99.1

Exhibit 99.1

Grindr Inc. Reports First Quarter 2023 Earnings Results

First Quarter Revenue Up 28%

Operating Income of $8.6 Million, Adjusted EBITDA of $22 million and Adjusted EBITDA Margin of 39%

Maintaining FY 2023 Guidance of 25% or Greater Revenue Growth and 38%+ Adjusted EBITDA Margin

LOS ANGELES, CA – May 15, 2023 – Grindr

Inc. (NYSE: GRND), the world’s largest social network for the LGBTQ community, today posted its financial results for the first quarter ended March 31, 2023 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.

“The year is off to a strong start indicated by our financial performance, user engagement and our unwavering commitment to providing value to the growing community we serve,” said George Arison, Chief Executive Officer of Grindr. “We are executing well against our strategic priorities, with a focus on improving the user experience and testing new subscription plans, a la carte offerings and product features to increase monetization. We are on track to meet our full year goals and look forward to continuing to delight our users, serve our community, and create long-term value for our shareholders.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the Company’s first quarter financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr First Quarter 2023 Earnings Conference Call

Date: Monday, May 15, 2023

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

This press release contains “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 regarding Grindr’s current views with respect to our industry, operations and future business plans and performance. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “seeks,” “projects,” “intends,” “plans,” “may,” “will” or “should” or, in each case, their negative or other variations or comparable terminology, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, among others, statements about our growth opportunities, expectations regarding new product launches, our 2023 strategic priorities, our plan to generate sustainable double-digit revenue growth and strong profitability and our full year 2023 guidance. Forward-looking statements, including guidance related to Revenue Growth and Adjusted EBITDA Margin, are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are not guarantees of future performance and are subject to risks and uncertainties that may cause actual results to differ materially from our expectations discussed in the forward-looking statements. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our reliance on historical data, which may be of limited reliability, in providing revenue guidance; (ii) the impact of the regulatory environment and complexities with compliance related to such environment; (iii) our ability to respond to general economic conditions; (iv) factors relating to the business, operations and financial performance of Grindr and its subsidiaries, including: (a) competition in the dating and social networking products and services industry; (b) the ability to maintain and attract users; and (c) fluctuation in quarterly and yearly results; (v) natural disasters, outbreaks and pandemics, including the COVID-19 pandemic and MPox; (vi) our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner; (vii) our ability to maintain compliance with privacy and data protection laws and regulations; (viii) our ability to protect systems and infrastructures from cyber-attacks and prevent unauthorized data access; (ix) our dependence on the integrity of third-party systems and infrastructure; and (x) our ability to protect our intellectual property rights from unauthorized use by third parties. The foregoing list of factors is not exhaustive. Further information on these and additional risks, uncertainties and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this press release are included under the caption “Risk Factors” in our Annual Report on Form 10-K filed by Gr

EX-99.1

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EXHIBIT 99.1

Exhibit 99.1

Grindr Reports Revenue Growth of 34% in Fiscal Year 2022 Results

Grindr, Inc. Reports 2022 Q4 and Full Year 2022 Earnings Results

2022 Full Year Operating Income of $13 Million and Adjusted EBITDA Margin of 44%

111 Billion Chats Sent and 999 Million Album Shares in 2022, with Revenue from Paying Users Up 41%

Inaugural Shareholder Letter Details Plans to Drive Monetization, with Guidance of 25% or Greater Revenue Growth and 38%+ EBITDA Margin in 2023

LOS ANGELES, CA – March 6, 2023 – Grindr Inc. (NYSE: GRND), the world’s largest social network for the LGBTQ community, today posted its financial results for the fourth quarter and fiscal year ended December 31, 2022 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr’s Investor Relations website.

“Grindr is off to a great start as a newly public company, delivering strong growth in revenue and Adjusted EBITDA,” said George Arison, Chief Executive Officer of Grindr. “We grew revenue from our paying users by 41% in 2022. We have put the foundation in place to drive sustainable long-term growth and value creation as we enhance our user experience, better monetize our core business, build out our international business and, longer-term, add new adjacent, community-focused businesses.”

Earnings Webcast Information

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the company’s fourth quarter and fiscal year financial results. The webcast of the conference call can be accessed as follows:

Event: Grindr Fourth Quarter and Fiscal Year 2022 Earnings Conference Call

Date: Monday, March 6, 2023

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr’s Investor Relations page, https://investors.grindr.com/.

Forward Looking Statements

This press release contains “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 regarding Grindr’s current views with respect to its industry, operations and future business plans and performance. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “seeks,” “projects,” “intends,” “plans,” “may,” “will” or “should” or, in each case, their negative or other variations or comparable terminology, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, among others, statements about our growth opportunities, our 2023 strategic priorities, our plan to generate sustainable double-digit revenue growth and strong profitability and our full year 2023 guidance. Forward-looking statements, including guidance related to Revenue Growth and Adjusted EBITDA Margin, are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are not guarantees of future performance and are subject to risks and uncertainties that may cause actual results to differ materially from our expectations discussed in the forward-looking statements. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our reliance on historical data, which may be of limited reliability, in providing revenue guidance; (ii) the impact of the regulatory environment and complexities with compliance related to such environment; (iii) our ability to respond to general economic conditions; (iv) factors relating to the business, operations and financial performance of Grindr and its subsidiaries, including: (a) competition in the dating and social networking products and services industry; (b) the ability to maintain and attract users; and (c) fluctuation in quarterly and yearly results; (v) natural disasters, outbreaks and pandemics, including the COVID-19 pandemic and MPox; (vi) our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner; (vii) our ability to maintain compliance with privacy and data protection laws and regulations; (viii) our ability to protect systems and infrastructures from cyber-attacks and prevent unauthorized data access; (ix) our dependence on the integrity of third-party systems and infrastructure; and (x) our ability to protect our intellectual property rights from unauthorized use by third parties. The foregoing list of factors is not exhaustive. Further information on these and additional risks, uncertainties and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this press release are included und

EX-99.1

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EXHIBIT 99.1

Exhibit 99.1

Grindr Announces Third Quarter 2022 and Year to Date Results After Listing on New York Stock Exchange

Third quarter Revenue of $50.4 million, up 32% year over year; Year-to-date Revenue of $140.5 million

Third quarter Net (Loss) Income of $(4.7) million; Year-to-date Net (Loss) Income of $(4.3) million

Third quarter Adjusted EBITDA of $24.0 million, up 17% year over year, with Adjusted EBITDA Margin of  48%; Year-to-date Adjusted EBITDA of $65.8 million

Completed business combination and began trading on NYSE under ticker “GRND”

December 05, 2022  07:00 AM Eastern Standard Time

LOS ANGELES – (BUSINESS WIRE) – Grindr Inc. (NYSE:

GRND), the world’s largest social network for the LGBTQ community in 2021, today announced its financial results for the third quarter and nine months ended September 30, 2022.

“As we execute on our strategy as a publicly listed company, we will look to deliver sustainable and profitable growth by better serving our community and achieving our mission of connecting LGBTQ people with one another and the world.”

“We had an excellent third quarter and year to date as we prepared to enter the public markets. Financial results reflect growth in paying users and average revenue per user, supported by Grindr’s strong business model. We made solid progress on key strategic initiatives in developing our platform to better serve the needs of our community, including the ramp up of Boost, a premium add-on feature that enables connection beyond the hyperlocal,” said George Arison, Chief Executive Officer of Grindr. “As we execute on our strategy as a publicly listed company, we will look to deliver sustainable and profitable growth by better serving our community and achieving our mission of connecting LGBTQ people with one another and the world.”

Completed Business Combination

On November 18, 2022, Grindr and Tiga Acquisition Corp. (“Tiga”)  completed their proposed business combination, bringing the world’s largest social media platform for the LGBTQ community to the public market. That same day, Grindr began trading on the New York Stock Exchange under the ticker “GRND”.

Third Quarter and Year to Date 2022 Financial Highlights

Metrics

Three Months

Ended Sept 30,

2022

Three Months

Ended Sept 30,

2021

Nine Months

Ended Sept 30,

2022

Nine Months

Ended Sept 30,

2021

Revenue

$50.4M

$38.2M

$140.5M

$100.8M

Net (Loss) Income

$(4.7)M

$1.9M

$(4.3)M

$(1.4)M

Adjusted EBITDA (1)

$24.0M

$20.5M

$65.8M

$53.7M

Adjusted EBITDA Margin (1)

48%

54%

47%

53%

Paying Users (2)

815K

611K

768K

577K

Average Revenue per Paying User (2)

$17.67

$16.66

$17.12

$15.55

(1) See Use of Non-GAAP Financial Measures below.

(2) We defined average revenue per Paying User, as the revenue for the period indicated (divided by Paying Users. Paying Users are users that have purchased or renewed a Grindr subscription and/or purchased premium add-ons on the Grindr App. We calculate Paying Users as a monthly average over the period indicated, by counting the number of Paying Users in each month and then dividing by the number of months in the relevant measurement period.

Empowering the LGBTQ Community

Grindr is the world’s largest social network focused on the LGBTQ community, with an iconic global brand, strong growth, and significant runway. Grindr enables its users to find and engage with one another, share content and experiences, and explore themselves and the world around them. The company is devoted to providing a platform for social interactions for the vibrant community it serves and to cultivating a safe and accepting environment where all are welcome and feel a sense of belonging. Grindr’s target market is the worldwide LGBTQ community, which comprises more than 538.4 million people globally that self-identify as LGBTQ and represented approximately 6.9% of the total global population as of December 31, 2021.  Grindr had approximately 11 million monthly active users in 2021, and its core market is also growing rapidly. Grindr is the largest and most popular gay mobile app in the world, with more MAUs than other LGBTQ social networking applications. It enables its users to find and engage with each other, share content and experiences, and generally express themselves. Grindr is a pioneer and leading influence on the lifestyle trends and discourse among the global LGBTQ community. Grindr’s overall mission is to connect queer people with one another and the world.

Additional Financial Information

For additional detailed financial information for the three months and nine months ended September 30, 2022,  please refer to the 8-K which was filed with the Securities and Exchange Commission (“SEC”) on November 23, 2022, and which can be found on our investor relations website at https://investors.grindr.com/financials/sec-filings.

Investor Information

For all investor information including any additional future upda