Grindr Inc
NYSE:GRND
Income Statement
Earnings Waterfall
Grindr Inc
Income Statement
Grindr Inc
| Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue |
139
N/A
|
195
+40%
|
161
-18%
|
222
+38%
|
242
+9%
|
260
+7%
|
279
+8%
|
300
+7%
|
319
+6%
|
345
+8%
|
363
+5%
|
385
+6%
|
412
+7%
|
|
| Gross Profit | ||||||||||||||
| Cost of Revenue |
(36)
|
(51)
|
(42)
|
(58)
|
(64)
|
(67)
|
(72)
|
(77)
|
(82)
|
(88)
|
(93)
|
(99)
|
(105)
|
|
| Gross Profit |
103
N/A
|
144
+40%
|
118
-18%
|
164
+38%
|
178
+9%
|
192
+8%
|
207
+8%
|
223
+8%
|
237
+6%
|
257
+8%
|
271
+5%
|
286
+6%
|
307
+7%
|
|
| Operating Income | ||||||||||||||
| Operating Expenses |
(80)
|
(130)
|
(104)
|
(135)
|
(130)
|
(126)
|
(152)
|
(158)
|
(160)
|
(164)
|
(172)
|
(188)
|
(191)
|
|
| Selling, General & Administrative |
(40)
|
(75)
|
(61)
|
(78)
|
(74)
|
(80)
|
(88)
|
(96)
|
(104)
|
(115)
|
(118)
|
(130)
|
(134)
|
|
| Research & Development |
(11)
|
(18)
|
(16)
|
(22)
|
(24)
|
(20)
|
(22)
|
(23)
|
(25)
|
(33)
|
(37)
|
(42)
|
(45)
|
|
| Depreciation & Amortization |
(29)
|
(37)
|
(27)
|
(35)
|
(32)
|
(26)
|
(23)
|
(19)
|
(18)
|
(17)
|
(16)
|
(15)
|
(12)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
(20)
|
(13)
|
0
|
0
|
0
|
0
|
|
| Operating Income |
23
N/A
|
14
-40%
|
15
+8%
|
29
+94%
|
48
+68%
|
66
+37%
|
55
-18%
|
65
+19%
|
77
+18%
|
93
+20%
|
99
+7%
|
99
0%
|
115
+17%
|
|
| Pre-Tax Income | ||||||||||||||
| Interest Income Expense |
(12)
|
(32)
|
(36)
|
(49)
|
(56)
|
(46)
|
(42)
|
(36)
|
(31)
|
(26)
|
(22)
|
(19)
|
(17)
|
|
| Non-Reccuring Items |
0
|
(1)
|
0
|
0
|
(7)
|
(22)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Total Other Income |
1
|
19
|
3
|
11
|
7
|
(50)
|
(53)
|
(96)
|
(84)
|
(185)
|
(156)
|
(121)
|
(130)
|
|
| Pre-Tax Income |
13
N/A
|
0
N/A
|
(18)
N/A
|
(10)
+46%
|
(8)
+21%
|
(52)
-575%
|
(41)
+21%
|
(67)
-63%
|
(37)
+44%
|
(118)
-216%
|
(80)
+32%
|
(41)
+48%
|
(32)
+23%
|
|
| Net Income | ||||||||||||||
| Tax Provision |
(6)
|
1
|
(14)
|
(0)
|
2
|
(4)
|
9
|
(10)
|
(15)
|
(13)
|
(15)
|
(14)
|
(18)
|
|
| Income from Continuing Operations |
6
|
1
|
(32)
|
(10)
|
(6)
|
(56)
|
(32)
|
(77)
|
(52)
|
(131)
|
(95)
|
(56)
|
(49)
|
|
| Net Income (Common) |
6
N/A
|
1
-86%
|
(32)
N/A
|
(10)
+69%
|
(6)
+42%
|
(56)
-860%
|
(32)
+42%
|
(77)
-139%
|
(52)
+33%
|
(131)
-152%
|
(95)
+28%
|
(56)
+41%
|
(49)
+11%
|
|
| EPS (Diluted) |
0.04
N/A
|
0
N/A
|
-0.19
N/A
|
-0.06
+68%
|
-0.03
+50%
|
-0.32
-967%
|
-0.18
+44%
|
-0.44
-144%
|
-0.3
+32%
|
-0.74
-147%
|
-0.47
+36%
|
-0.27
+43%
|
-0.25
+7%
|
|