Grindr's Expanding LGBTQ+ Market and 20% Revenue Growth …

Dec 16, 2024 · In this initiation, Sheridan framed his work around three key debates for Grindr stock, including the company’s addressable market, whether it achieves a 20%+ fiscal 2024 …

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Grindr's Expanding LGBTQ+ Market And 20% Revenue Growth …

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Dec 16, 2024 · In this initiation, Sheridan framed his work around three key debates for Grindr stock, including the company’s addressable market, whether it achieves a 20%+ fiscal 2024 …

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Grindr's Expanding LGBTQ+ Market And 20% Revenue Growth

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Dec 16, 2024 · Grindr projected to achieve a 20% revenue CAGR from 2024-2029. Analyst highlights Grindr's high margins and expanding LGBTQ+ market potential. Grindr is an online …

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Grindr's Expanding LGBTQ+ Market And 20% Revenue Growth …

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Dec 16, 2024 · Grindr modeled fiscal 2024-2029 revenues growing at a 20% CAGR driven mainly by direct revenue (primarily paying user growth) and indirect revenue scaling (advertising). …

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Grindr Sees New Features Driving Sales Growth Of Up To 25%

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Jun 26, 2024 · Grindr Inc., the LGBTQ dating app, is setting an ambitious growth target of 20% to 25% for annual revenue through 2027 as it emphasizes new product features designed to …

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Grindr Inc. - Grindr Inc. Reports Third Quarter 2024 Revenue …

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Nov 7, 2024 · Third Quarter 2024 Revenue of $89 Million Net Income of $25 Million, Net Income Margin of 28% Adjusted EBITDA of $40 Million and Adjusted EBITDA Margin of 45% Raising …

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Grindr's Expanding LGBTQ+ Market And 20% Revenue Growth …

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Dec 16, 2024 · News Summary: Goldman Sachs analyst Eric Sheridan initiated coverage on Grindr Inc (NYSE:GRND) with a Buy rating and a price target of $20. Grindr is an online dating …

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Grindr Sees Revenue And User Growth In Q2, Raises Full-year Guidance

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Aug 8, 2024 · The LGBTQ dating app on Thursday reported a loss of $22.4 million, or 13 cents per share, compared with a profit of $22.3 million, or 13 cents a share, last year. Revenue rose …

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Grindr's Market Success: A Trendsetter In LGBTQ+ Digital Spaces

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Apr 7, 2024 · Grindr, the LGBTQ+-focused dating app, has seen its shares surge past $10 as Wall Street analysts commend its unique market positioning, high user engagement, and …

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How Does Grindr's Public Status Affect The Future Of Digital …

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Jun 17, 2024 · Two years after the IPO, Grindr has had a big financial and cultural impact. With a 33% revenue growth in 2023 and more growth in 2024 1, the app now has 13.7 million …

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Grindr Sees Revenue And User Growth In Q2, Raises Full-year Guidance

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Aug 8, 2024 · Grindr GRND raised its full-year guidance after growing its revenue and user base in the second quarter.. The LGBTQ dating app on Thursday reported a loss of $22.4 million, or …

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Grindr's Rapid Growth And Global Expansion

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Dec 16, 2024 · 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 …

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FAQs about Grindr's Expanding LGBTQ+ Market and 20% Revenue Growth … Coupon?

What is Grindr's growth target for 2027?

Grindr Inc., the LGBTQ dating app, is setting an ambitious growth target of 20% to 25% for annual revenue through 2027 as it emphasizes new product features designed to improve user matches and offer recommendations for in-person events. ...

What makes Grindr a great LGBTQ+ platform?

Grindr is the clear brand leader in its space as a global LGBTQ+ platform with unparalleled user engagement and industry-leading privacy practices. Its hyperlocal, location-based interface surfacing real-time connections drives a powerful engagement engine, rapidly growing its users, and enabling user-motivated product innovation. ...

What is Grindr's target market?

Grindr’s target market is the worldwide LGBTQ community, which comprises more than 538.4 million people globally that self-identify as LGBTQ and represented approximately 6.9% of the total global population as of December 31, 2021. Grindr had approximately 11 million monthly active users in 2021, and its core market is also growing rapidly. ...

Why did Grindr get a mandate for LGBTQ+ employees?

Arison’s mandate came a fortnight after employees launched a union drive, said Quinn McGee, former Grindr product manager and union organiser who said its majority LGBTQ+ workforce wanted to ensure they kept their trans-inclusive benefits after it went public. ...

What is Grindr's earnings outlook for 2024?

Grindr also expects margins for adjusted earnings before interest, taxes, depreciation and amortization to be in the range of 39% to 42% in three years, the company said ahead of its first investor day on Wednesday morning in New York. In addition, it raised its 2024 revenue growth outlook to at least 25%. ...

Is Grindr a good stock to buy in 2024?

In addition, it raised its 2024 revenue growth outlook to at least 25%. The company had previously forecast growth of at least 23%. Shares of Grindr rose 15% to close at $11.82, the highest level the stock has reached since November 2022. ...