Category: Grindr

SEEKING ALPHA – Grindr presents an opportunity at 23x forward free cash flow, balancing revenue growth and profitability. Despite $260M in net debt, the company's consistent 45% EBITDA margins and projected 26% YOY revenue growth in 2025 make it attractive. Grindr's focus on monetization and user engagement bolsters its potential, with 2025 free cash flow estimated at $130M. Risks include slowing growth, competitive pressure, and challenges scaling further, but at $17 per share, it's a promising entry point for investors.

by Michael Wiggins De Oliveira
See full article at Seeking Alpha

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NEWS.COM.AU – Grindr has issued a safety warning in New South Wales (NSW), Australia, following reports of assaults linked to meet-ups arranged through dating apps. ACON, an LGBTQ+ health group, reported incidents where groups targeted victims, moved to less traceable platforms, and lured them to isolated locations. Users are advised to meet in public, verify identities, and share their location for safety. NSW Police are investigating these assaults in areas such as Sydney’s Northern Beaches and Western suburbs.

by Claudia Poposki
See full article at News.com.au

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QUEER FEED – Grindr has seen strong growth, with its stock rising ~85% this year. The company reported a 32% increase in revenue year-over-year and a 74.36% gross profit margin. Features like Roam, Right Now, and Wingman are helping to grow user activity and monetization. Grindr aims to reach $600M in revenue by 2027 and is expanding globally with a new Spanish platform to connect with international audiences.

by Quake Anderson
See full article at Queer Feed

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MAMBA ONLINE – Grindr has launched its first HIV self-test kit program in Africa, partnering with IntraHealth Namibia to offer free, home-delivered kits for users in Namibia. This initiative, part of Grindr for Equality, also expands to Australia through a partnership with NAPWHA. Users can order kits directly via the Grindr app, making HIV testing more private and accessible.

See full article at Mamba Online

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GIZMODO – The National Labor Relations Board (NLRB) filed a complaint against Grindr, claiming it imposed a return-to-office policy to retaliate against employees for unionizing, leading to around half of Grindr's staff leaving. Grindr allegedly refused to negotiate with the union and offered unlawful severance agreements. The remaining staff voted to unionize in December 2023, but Grindr is disputing the election because some votes were cast by ex-employees affected by the policy. If no settlement is reached, a hearing is set for March.

by Todd Feathers
See full article at Gizmondo

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