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Grindr Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K
    Other  234.0227.6  26.612.5 
Total revenues  312.4297.4285.190.190.143.50.0
            Revenue growth  246.7%583.2%     
Cost of goods sold  82.278.275.123.823.811.70.0
Gross profit  230.2219.2210.066.366.331.80.0
            Gross margin  73.7%73.7%73.7%73.6%73.6%73.1% 
Selling, general and administrative   [+]107.2113.2104.738.634.512.01.8
Research and development  29.627.625.7 7.83.6 
Other operating expenses    37.5    
EBITDA   [+]93.478.479.6 23.916.2 
            EBITDA margin  29.9%26.4%27.9%22.0%26.6%37.3% 
Depreciation and amortization  53.654.555.6 18.19.0 
EBIT   [+]39.823.824.01.75.87.2-1.8
            EBIT margin  12.7%8.0%8.4%1.9%6.4%16.5% 
Interest expense, net   [+]52.242.634.74.96.22.9-0.1
Other income (expense), net  2.8-4.410.7-5.213.019.124.9
Pre-tax income  -9.6-23.20.0-8.412.623.423.2
Income taxes  0.613.6-0.60.30.31.30.0
            Tax rate     -3.0%2.0%5.4%0.0%
Net income  -10.2-36.80.6-8.612.422.123.2
            Net margin  -3.3%-12.4%0.2%-9.6%13.8%50.8% 
   
Basic EPS   [+]($0.08)($0.28)$0.00($0.09)$0.13$0.34$0.67
Diluted EPS   [+]($0.08)($0.28)$0.00($0.09)$0.13$0.34$0.67
   
Dividends per share   [+]  $2.15 $0.79  
   
Shares outstanding (basic)   [+]135.0130.4125.995.195.164.834.5
Shares outstanding (diluted)   [+]135.4130.7126.495.295.264.934.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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