Welcome to our dedicated page for Grindr news (Ticker: GRND), a resource for investors and traders seeking the latest updates and insights on Grindr stock.
Grindr Inc. (NYSE: GRND) is the company behind the Grindr app, a social networking platform for gay, bi, trans, and queer people that it calls the “Global Gayborhood in Your Pocket™.” This news page aggregates coverage of Grindr’s corporate developments, product-related announcements, cultural initiatives, and financial updates, giving readers a focused view of how the company evolves as a public technology issuer in the software–application sector.
Visitors can expect news about Grindr’s user community and cultural footprint, including features like GRINDR UNWRAPPED, the company’s annual queer year-in-review based on anonymous, aggregated data from its more than 15 million average monthly active users across 190+ countries and territories. These stories highlight how the platform reflects and amplifies LGBTQ+ culture, from pop culture rankings to insights on dating, travel, and in-app behavior.
Coverage also includes corporate and governance updates, such as changes to the board of directors, leadership appointments, and responses to non-binding proposals from large shareholders to take the company private. Readers can follow how Grindr’s special committee of independent directors evaluates such proposals and how ownership concentration among major shareholders shapes the company’s strategic options.
Financial and capital structure news is another key theme. Articles report on quarterly earnings releases, shareholder letters, and adjustments to Grindr’s credit facilities, including amendments that increase term loan and revolving credit capacity and extend maturities. Together, these updates provide context on how Grindr funds its operations, invests in growth, and manages its balance sheet.
By following this page, investors and interested readers can monitor how Grindr balances its role as a global LGBTQ+ community platform with the responsibilities and dynamics of being a publicly traded company.
Grindr Inc. (NYSE: GRND), the dating app company, announced that its Chief Financial Officer Vanna Krantz will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference. The event will take place in Boston, MA on Tuesday, May 13, 2025, at 5:10 PM ET. Investors can access the live webcast through Grindr's investor relations website, and an archived replay will be available after the event.
Grindr (NYSE: GRND) has scheduled its first quarter 2025 financial results announcement for Thursday, May 8, 2025, after market close. The company will publish a Shareholder Letter on its Investor Relations website, followed by a webcasted conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the Q1 2025 results.
Investors can access the live webcast and archived recording of the earnings call through the company's Investor Relations page at https://investors.grindr.com.
Grindr, the dating app with over 14.5M monthly active users, announced the expansion of its 'Right Now' feature to 15 new major cities across North America, Europe, and South America. The feature, designed for immediate encounters, creates a real-time feed separate from the main grid where users can post text and photos that remain visible for one hour.
The expansion follows successful 2024 pilots in Australia and Washington D.C. Users receive 10 complimentary hour-long sessions weekly, refreshing every Friday, with the option to purchase additional sessions. The feature is now available in cities including New York, Los Angeles, London, Paris, and Sao Paulo.
According to Chief Product Officer AJ Balance, Right Now was developed based on user feedback to facilitate more efficient, intention-based connections and eliminate mismatched expectations between users. The feature is accessible on both iOS and Android platforms.
Grindr Inc. (NYSE: GRND) reported strong financial results for 2024, achieving 33% revenue growth for the full year. The company projects continued momentum with 24% or higher revenue growth and 41%+ Adjusted EBITDA margin guidance for 2025.
The board authorized a significant $500 million share repurchase program extending through March 2027. Additionally, the company completed its warrant redemption program, generating $314.1 million in cash proceeds from warrant exercises.
With over 14.5 million average monthly active users across 190 countries, Grindr continues to expand its global presence. The company focused on strengthening its product roadmap, team development, and app functionality throughout 2024 as part of its vision for building the 'Global Gayborhood.'
Grindr (NYSE: GRND) has announced its participation in two major upcoming investor conferences in San Francisco, CA. CEO George Arison and CFO Vanna Krantz will represent the company at both events.
The first appearance will be at the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 3, 2025, with a fireside chat scheduled for 1:50 PM PT. The following day, March 4, 2025, they will participate in the Citizens JMP Technology Conference with a fireside chat at 12:30 PM PT.
Both fireside chat sessions will be available via live webcast on Grindr's investor relations website, with archived replays accessible after the events.
Grindr (NYSE: GRND) has announced it will release its fourth quarter and full year 2024 financial results after market close on Wednesday, March 5, 2025. The company will post a Shareholder Letter to its Investor Relations website, followed by a webcasted conference call to discuss the results.
The earnings conference call is scheduled for 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on March 5, 2025. Investors can access the live webcast and archived recording of the call through Grindr's Investor Relations website at https://investors.grindr.com.
Grindr (NYSE: GRND) has announced the Redemption Fair Market Value of $17.96 for its outstanding public and private placement warrants redemption. The company will redeem all unexercised warrants at $0.10 per warrant on February 24, 2025 (Redemption Date).
Warrant holders have two exercise options until the Redemption Date: (1) cash exercise at $11.50 per common stock share, or (2) cashless exercise receiving 0.361 shares per warrant. The cashless conversion rate was determined based on the volume-weighted average stock price during the ten trading days after January 23, 2025.
The warrants, currently trading under 'GRND.WS' on NYSE, will cease trading on February 21, 2025. Any warrants remaining unexercised after the Redemption Date will become void, with holders receiving $0.10 per warrant.
Grindr (NYSE: GRND) expects to exceed its 2024 revenue outlook with projections between $343 million and $345 million, representing a 32%-33% year-over-year growth. The company reaffirms its Adjusted EBITDA margin of 42% or greater for the full year 2024, driven by strong direct ad sales and continued subscription growth.
Grindr also announced the redemption of its public and private placement warrants. Holders can redeem warrants at $0.10 per warrant by 5:00 p.m. New York City time on February 24, 2025, or exercise their warrants for cash or on a cashless basis. As of the press release date, Grindr has 18,799,825 public warrants and 18,560,000 private placement warrants outstanding. The warrants will cease to be listed on the NYSE effective at the close of trading on February 21, 2025.
Holders who do not exercise by the deadline will receive $0.10 per warrant. Grindr has registered the shares underlying the warrants under the Securities Act of 1933. For redemption and exercise inquiries, holders can contact Continental Stock Transfer & Trust Company.
Grindr (NYSE: GRND) has announced its ambitious 2025 product roadmap, featuring six new intent-based travel and AI personalization products. The company plans to introduce AI-powered features including Chat Summaries, A-list for meaningful connections, For You personalized recommendations, and Discover for global profile matching.
Travel-focused features include Explore Heatmap for identifying local hotspots and Travel Pass offering unlimited Roam and Boost capabilities with chat translations. The company will also test new Gayborhood products in the health and wellness sector.
These launches build on Grindr's 2024 progress, which included the release of Right Now for immediate connections (currently in D.C. and Australia), Roam for travel connections, Super Boost for enhanced profile visibility, and AI assistant Wingman being tested with 10,000 U.S. users.
Grindr announced that its Roam feature, which allows users to explore and connect with locals worldwide, will be available for free during a 12-day holiday period from December 22 to January 2 in the U.S., sponsored by ViiV Healthcare. Typically priced at $5.99 per hour, Roam enables users to have their profiles appear on local grids in different cities or countries, facilitating connections for travel planning, relocation, or virtual exploration. The feature, launched earlier this year, has already helped thousands of users connect with locals before visiting new destinations.
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