Grindr Inc. (GRND) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

set forth in our earnings release and our periodic reports filed with the SEC, including our annual report on Form 10-K for the year ended December 31, 2024, or any subsequently filed quarterly reports. During today's call, we will also present both GAAP and non-GAAP financial measures. Additional disclosures regarding non-GAAP measures, including a reconciliation of these non-GAAP financial measures to their most closely comparable GAAP financial measures, are included in the earnings release we issue today. which has been posted on the Investor Relations page of Grindr's website and in Grindr's filings with the SEC. With that, I'll turn it over to George. Thanks, Tolu, and hello, everyone. The Grindr team delivered another awesome quarter with revenue of 30% year-over-year and adjusted EBITDA margin of 47%. The results put us in a great position as we finished the year. Today, we're increasing our expectation for full-year 2025 adjusted EBITDA with a range of between 191% and $193 million, implying a margin of greater than 43%, and we are reaffirming our revenue growth outlook of 26% or greater. Our new CFO, John North, will walk you through the results in a moment. We're thrilled to have him join Grindr. He's led high-performing finance teams at Fortune 500 and S&P 500 companies and served as a public company CEO. He's already become an invaluable partner to HMU as we execute on our long-term vision. Over the past three years, we've focused on expanding Grindr's product service area, delivering more capabilities and high-quality experiences for free and paid users alike. On page four in my shareholder letter, you'll see a chart showing that our product expansion has been tremendous, creating enormous value for users and driving higher conversion, more revenue capt...