Grindr
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Grindr's past years’ income statements indicate that its last revenue has increased compared to the previous period by 33% to $259,691,000. Profit margin reached -21%. Total operating expenses were $136,785,000.

Profit Margin

Grindr Inc. (NYSE:GRND): Profit margin
2019 108.69M 7.70M 7.09%
2020 104.46M -20.85M -19.96%
2021 145.83M 5.06M 3.47%
2022 195.01M 852K 0.44%
2023 259.69M -55.76M -21.47%

GRND Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
259.69M195.01M145.83M104.46M108.69M
Cost of revenue
67.45M51.28M37.35M31.42M27.54M
Gross profit
192.23M143.73M108.47M73.04M81.15M
Operating exp.
Research and development
29.32M17.9M10.91M15.36M11.05M
Selling and marketing
2.37M3.01M1.29M3.32M3.06M
Total operating expenses
136.78M130.7M84.76M124.92K71.04M
Operating income
55.44M10.23M23.71M-124.92K10.10M
Other income (expenses), net
-107.19M-10.24M-17.41M-20.72M38K
Income before tax
-51.74M-7K6.3M-20.85M10.14M
Income tax expense
4.02M-859K1.23M2.57M2.44M
Net income
-55.76M852K5.06M-20.85M7.70M
Earnings per share
Basic EPS
-0.320.000.03-0.60.05
Diluted EPS
-0.320.000.03-0.60.05
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