Name | Value |
---|---|
Revenues | 55.8M |
Cost of Revenue | 14.8M |
Gross Profit | 41.0M |
Operating Expense | 32.4M |
Operating I/L | 8.6M |
Other Income/Expense | -26.0M |
Interest Income | 10.8M |
Pretax | -17.4M |
Income Tax Expense | 15.5M |
Net Income/Loss | -32.9M |
Grindr Inc. operates a social network platform catering to the LGBTQ community, providing a space for gay, bi, trans, and queer individuals to connect, share content, and express themselves. The platform offers both a free, ad-supported service and a premium subscription version, generating revenue through advertising and subscription fees. Founded in 2009, Grindr Inc. has established itself as a prominent player in the LGBTQ social networking space, offering a unique and inclusive environment for its users to interact and engage with each other.