
Grindr Reports 34% Revenue Increase in Fiscal Year 2022 Results
Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, issued a Letter to Shareholders today detailing its financial results for the fourth quarter and fiscal year ended December 31, 2022.
Grindr’s Investor Relations website hosts the Letter to Shareholders.
«Grindr is off to a great start as a newly public company, delivering strong growth in revenue and Adjusted EBITDA», said Grindr CEO George Arison. «In 2022, we increased revenue from paying users by 41%. We have laid the groundwork for long-term growth and value creation as we improve our user experience, better monetise our core business, expand our international business, and, in the long run, add new adjacent, community-focused businesses».