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Grindr Inc.

CIK: 18201442 Annual ReportsLatest: 2025-04-30

10-K / April 30, 2025

Revenue:$344,636,000
Income:-$131,001,000

10-K / April 29, 2024

Revenue:$161,000,000
Income:$22,000,000

10-K / April 30, 2025

Company Summary: Grindr Inc.

Overview

  • Grindr Inc. is a company formerly incorporated as Tiga Acquisition Corp., a Cayman Islands special-purpose acquisition company, which merged with Legacy Grindr to become a Delaware-incorporated public company on November 18, 2022.
  • The company's principal business is to operate as a social networking and online community platform targeted toward the LGBTQ community.
  • The company conducts its business primarily through its indirect wholly-owned subsidiary, Grindr LLC.

Business Focus

  • Grindr is a social platform providing a "Gayborhood in Your Pocket," meaning it is a location-based social networking app for gay, bisexual, trans, and queer people.
  • The platform aims to promote LGBTQ community engagement, safety, and representation.
  • The company emphasizes diversity in its board, including members from the LGBTQ community.

Key Details (as of April 2025)

  • Employees: The document does not specify the total number of employees.
  • Customers: The document does not specify the total number of customers/users.
  • Revenue: The document does not provide specific revenue figures.
  • Income/Profitability: No specific income or profitability data is provided in the excerpt.

Corporate Governance

  • The board consists of 8 members with a majority being independent directors under NYSE standards.
  • Leadership includes a Chairperson (James Fu Bin Lu) and a CEO (George Arison).
  • The board has a diverse composition with 4 gay men and 1 trans woman, emphasizing LGBTQ representation.

Other Notable Aspects

  • The company has a structured compensation program for directors and officers, including equity awards and cash retainers.
  • It has various committees including audit, compensation, nominating and corporate governance, and privacy and trust.
  • The company is engaged in legal and financial arrangements related to stock ownership and warrants, with significant ownership stakes held by the company's directors and large investors.

Note: The provided excerpt does not include specific financial metrics such as revenue, number of customers, or total number of employees. It predominantly covers corporate history, governance, executive compensation, and ownership structures.