Grindr

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024, after the market closes on Wednesday, March 5, 2025. Grindr will issue a press release when its Shareholder Letter has been posted to its Investor Relations website at https://investors.grindr.com. Following the release of the Shareholder Letter, Grindr will host a webcasted conference ca.» Mehr auf businesswire.com

Grindr expects revenue growth of 32-33% for 2024, driven by strong direct ad sales and subscriptions, maintaining an adj. EBITDA margin of at least 42%. The company redeemed public and private warrants, increasing stock float, which may attract institutional investors and reduce overhang over time. GRND's focus on product innovation and AI integration is expected to enhance platform stickiness and ARPPU growth, with a new target price of $22/share.» Mehr auf seekingalpha.com

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today announced the “Redemption Fair Market Value” to be used in connection with the previously announced redemption of all of its outstanding public warrants and private placement warrants (collectively, the “warrants”). Grindr previously announced that it will redeem all of its warrants that remain unexercised as of 5:00 p.m., New York City time, on February 24, 2025 (th.» Mehr auf businesswire.com