# EDGAR Filing Document

**Accession Number:** 0001820144
**File Stem:** 0001820144-25-000033
**Filing Date:** 2025-8
**Character Count:** 40235
**Document Hash:** ae7ed6d76638c1eeea9cf4d783df7a20
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001820144-25-000033.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0001820144-25-000033

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 48

**CONFORMED PERIOD OF REPORT**: 20250807

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Grindr Inc.
- **CENTRAL INDEX KEY:** 0001820144
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39714
- **FILM NUMBER:** 251194809

**BUSINESS ADDRESS:**
- **STREET 1:** 750 N. SAN VICENTE BLVD., SUITE RE 1400
- **CITY:** WEST HOLLYWOOD
- **STATE:** CA
- **ZIP:** 90069
- **BUSINESS PHONE:** 3107766680

**MAIL ADDRESS:**
- **STREET 1:** 750 N. SAN VICENTE BLVD., SUITE RE 1400
- **CITY:** WEST HOLLYWOOD
- **STATE:** CA
- **ZIP:** 90069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tiga Acquisition Corp.
- **DATE OF NAME CHANGE:** 20200804

?xml version='1.0' encoding='ASCII'? grnd-20250807

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**________________________**

**FORM 8-K**

**________________________**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(D)**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of Report (Date of earliest event reported): August 7, 2025**

**________________________**

**Grindr Inc.**

**(Exact name of registrant as specified in its charter)**

**________________________**

**Commission file number 001-39714**

**________________________**

---

| | |
|:---|:---|
| **Delaware** | **92-1079067** |
| (State or other jurisdiction of<br>incorporation) | (IRS Employer Identification No.) |
| **PO Box 69176, 750 N. San Vicente Blvd., Suite RE 1400**<br>**West Hollywood, California** | **90069** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**(310) 776-6680**

Registrant's telephone number, including area code

**N/A**

(Former name or former address, if changed since last report)

**________________________**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<u>see</u> General Instruction A.2. below):

**☐** Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

**☐** Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

**☐** Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

**☐** Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, $0.0001 par value per share | GRND | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

------

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 2.02 &nbsp;&nbsp;&nbsp;&nbsp;Results of Operations and Financial Condition**

On August 7, 2025, Grindr Inc. (the "Company") issued a press release and posted a shareholder letter to its website announcing its financial results for the quarter ended June 30, 2025. A copy of the Company's press release dated August 7, 2025, and the shareholder letter dated August 7, 2025, are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.

The information contained in this Item 2.02 and the accompanying Exhibit 99.1 and Exhibit 99.2 is being furnished under "Item 2.02 Results of Operations and Financial Condition" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission made by us, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

**Item 7.01 &nbsp;&nbsp;&nbsp;&nbsp;Regulation FD Disclosure**

On August 7, 2025, the Company posted an investor presentation to its website, a copy of which is attached hereto as Exhibit 99.3, and is incorporated herein by reference.

The information contained in this Item 7.01 and the accompanying Exhibit 99.3 is being furnished under "Item 7.01 Regulation FD Disclosure" and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission made by us, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

**Item 9.01 &nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| <u>[99.1](exhibit991-q22025earningsr.htm)</u> | Press release dated August 7, 2025 |
| <u>[99.2](grnd_q2x2025xshl.htm)</u> | Shareholder Letter dated August 7, 2025 |
| <u>[99.3](q22025supplementalaistra.htm)</u> | Investor Presentation dated August 7, 2025 |
| 104 | Cover Page Interactive Data File, formatted in inline XBRL (embedded within the Inline XBRL document) |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 7, 2025

---

| |
|:---|
| **GRINDR INC.** |
| By: |
| */s/ Vandana Mehta-Krantz* |
| Vandana Mehta-Krantz |
| Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**Grindr Inc. Reports Second Quarter 2025 Revenue Growth of 27%**

*Second Quarter 2025 Revenue of* $104 *Million*

*Net Income of* $17 *Million, Net Income Margin of* 16%

*Adjusted EBITDA of* $45 *Million and Adjusted EBITDA Margin of* 43%

**LOS ANGELES, CA – August 7, 2025 –** Grindr Inc. (NYSE: GRND) ("Grindr" or the "Company"), the Global Gayborhood in Your Pocket<sup>TM</sup>, today posted its financial results for the quarter ended June 30, 2025 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr's Investor Relations website: https://investors.grindr.com/.

"Grindr delivered another strong quarter keeping us firmly on track to achieve our 2025 outlook," said George Arison, Chief Executive Officer of Grindr. "We are delivering on our performance objectives while continuing to execute at a high level on our product innovation and AI roadmaps. Grindr has a unique set of assets and capabilities that position us to build a leading AI-native consumer platform, which we believe allows us to maintain our competitive advantage and long-term shareholder value."

For more on Grindr's AI-native approach, a supplemental investor presentation has been posted on Grindr's Investor Relations website, https://investors.grindr.com/.

<u>Earnings Webcast Information</u>

Grindr will host a live webcast today at 2:00 p.m. Pacific Time to discuss the financial results of the Company's second quarter 2025. The webcast of the conference call can be accessed as follows:

Event: Grindr Second Quarter 2025 Earnings Conference Call

Date: Thursday, August 7, 2025

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Live Webcast Site: https://investors.grindr.com/

An archived webcast of the conference call will also be accessible on Grindr's Investor Relations page, https://investors.grindr.com/.

------

**<u>Forward Looking Statements</u>**

Some of the statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws, including our guidance for 2025. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. These forward-looking statements include statements regarding our intentions, beliefs, current expectations or projections concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which we operate. In some cases, you can identify these forward-looking statements by the use of terminology such as "anticipates," "approximately," "believes," "continues," "could," "estimates," "expects," "goal," "intends," "may," "outlook," "plans," "potential," "predicts," "projects," "seeks," "should," "will" or the negative version of these words or other comparable words or phrases.

The forward-looking statements contained in this press release reflect our current views about our business and future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially from those expressed in any forward-looking statement. The following factors, among others, could cause actual results and future events to differ materially from those set forth in or contemplated by the forward-looking statements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our ability to retain existing users and add new users;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy, data protection, and online safety laws and regulations, as well as laws that may apply to any new products or services we introduce, including in the health and wellness sector;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our ability to identify and consummate strategic transactions including strategic partnerships, acquisitions, or investments in complementary products, services, or technologies, including outside of our core product; and our ability to realize the intended benefit of such transactions;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our success in retaining or recruiting directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our ability to respond to general economic conditions;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• competition in the dating and social networking products and services industry, and the performance and functionality of our app;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our ability to successfully adopt generative artificial intelligence ("AI") and machine learning ("ML") processes and algorithms into our daily operations, including by deploying generative AI and ML into our products and services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our dependence on the integrity of third-party systems and infrastructure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our ability to protect our intellectual property rights from unauthorized use by third parties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• whether the concentration of our stock ownership and voting power limits our stockholders' ability to influence corporate matters;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the timing, price, and quantity of repurchases of shares of our common stock under our repurchase program, and our ability to fund any such repurchases;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• our expectations for strong growth in the upcoming year and long-term prospects and potential; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the effects of macroeconomic and geopolitical events on our business, such as health epidemics, pandemics, natural disasters, the impacts of changing tariff policies and trade tensions, and wars or other regional conflicts.

In addition, statements that "Grindr believes" or "we believe" and similar statements reflect our beliefs and opinions on the relevant subjects as of the date of any such statement. These statements are based upon information available to us as of the date they are made, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and such statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.

While forward-looking statements reflect our good faith beliefs, they are not guarantees of future performance. Except to the extent required by applicable law, we are under no obligation (and expressly disclaim any such obligation) to update or revise our forward-looking statements, whether as a result of new information, future events, or otherwise. For a further discussion of these and other factors that could cause our future results, performance, or transactions to differ significantly from those expressed in any forward-looking statement, please see the section titled "*Risk Factors*" included under Part I, Item 1A in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as amended, and in quarterly

------

reports on Form 10-Q filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and you should not place undue reliance on any forward-looking statements, which are based only on information currently available to us.

**<u>Non-GAAP Financial Measures</u>**

We use Adjusted EBITDA, Adjusted EBITDA margin, free cash flow, and free cash flow conversion, which are non-GAAP measures, to understand and evaluate our core operating performance. These non-GAAP financial measures, which may differ from similarly titled measures used by other companies, are presented to enhance investors' overall understanding of our financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP.

***Adjusted EBITDA and Adjusted EBITDA Margin***

Adjusted EBITDA adjusts for the impact of items that we do not consider indicative of the operational performance of our business. We define Adjusted EBITDA as net income (loss) excluding income tax provision; interest expense, net; depreciation and amortization; stock-based compensation expense; gain in fair value of warrant liability; and severance expense, litigation-related costs, and other items, in each case that are unrelated to our core ongoing business operations. Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA for a period by revenue for the same period.

Our management uses this measure internally to evaluate the performance of our business and this measure is one of the primary metrics by which management and other employees are compensated. We exclude the above items as some are non-cash in nature and others may not be representative of normal operating results. While we believe that Adjusted EBITDA and Adjusted EBITDA Margin are useful in evaluating our business, this information should be considered as supplemental in nature and is not meant as a substitute for the related financial information prepared and presented in accordance with U.S. GAAP.

A reconciliation of net income (loss) and net income (loss) margin to Adjusted EBITDA and Adjusted EBITDA margin for the three and six months ended June 30, 2025 and 2024, are presented below. We are not able to estimate net income (loss) or net income (loss) margin on a forward-looking basis or reconcile the guidance provided for Adjusted EBITDA margin to net income (loss) margin on a forward-looking basis without unreasonable efforts due to the variability and complexity with respect to the charges excluded from Adjusted EBITDA margin. In particular, the measures and effects of our stock-based compensation related to equity grants that are directly impacted by unpredictable fluctuations in our share price. The variability of the above charges could have a significant and potentially unpredictable impact on our future GAAP financial results.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| **($ in thousands)** | **2025** | **2024** | **2025** | **2024** |
| ***Reconciliation of net income (loss) to Adjusted EBITDA*** |  |  |  |  |
| Net income (loss) | $16638 | $(22424) | $43657 | $(31830) |
| Interest expense, net | 3564 | 6669 | 7439 | 13854 |
| Income tax provision | 4654 | 4965 | 9205 | 7645 |
| Depreciation and amortization | 3068 | 4235 | 6545 | 8354 |
| Litigation-related costs <sup>(1)</sup> | 754 | 661 | 980 | 1083 |
| Stock-based compensation expense | 16529 | 7721 | 27476 | 15590 |
| Severance expense <sup>(2)</sup> |  |  | 499 | 58 |
| Change in fair value of warrant liability <sup>(3)</sup> |  | 35118 | (9905) | 53798 |
| **Adjusted EBITDA** | $45207 | $36945 | $85896 | $68552 |
| Revenue | $104220 | $82345 | $198158 | $157690 |
| **Net income (loss) margin** | 16.0% | (27.2)% | 22.0% | (20.2)% |
| **Adjusted EBITDA Margin** | 43.4% | 44.9% | 43.3% | 43.5% |

---

_________________

(1)Litigation-related costs that are unrelated to our core ongoing business operations primarily represent external legal fees associated with outstanding litigation or regulatory matters outside of the ordinary course, such as fees incurred in connection with the potential Norwegian Data Protection Authority fine and CWA unionization.

------

(2)Severance expense relates to severance incurred for employees who elected not to relocate or participate in our multi-phase return-to-office plan and other severance arrangements.

(3)Change in fair value of warrant liability relates to the warrants that were remeasured upon exercise or redemption. In February 2025, we completed the redemption of all warrants outstanding as of the redemption date.

***Free Cash Flow and Free Cash Flow Conversion***

Free cash flow is an indicator of liquidity that provides information to our management and investors about the amount of cash generated from operations, after capitalized software development costs and purchases of property and equipment, that can be used to repay debt obligations and/or for strategic initiatives. We define free cash flow as net cash provided by operating activities less capitalized software, development costs, and purchases of property and equipment. Free cash flow conversion is calculated by dividing free cash flow for a period by Adjusted EBITDA for the same period. Free cash flow and free cash flow conversion do not represent our residual cash flow available for discretionary purposes and do not reflect our future contractual commitments. A reconciliation of net cash provided by operating activities and operating cash flow conversion to free cash flow and free cash flow conversion, respectively, for the three and six months ended June 30, 2025 and 2024, are presented below.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended<br>June 30,** | **Three Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** | **Six Months Ended<br>June 30,** |
| **($ in thousands)** | **2025** | **2024** | **2025** | **2024** |
| ***Reconciliation of net cash provided by operating activities to free cash flow*** |  |  |  |  |
| Net cash provided by operating activities | $37518 | $15850 | $61311 | $36299 |
| Less: |  |  |  |  |
| Capitalized development software costs and purchases of property and equipment | (880) | (1696) | (1508) | (2844) |
| **Free cash flow** | $36638 | $14154 | $59803 | $33455 |
| **Operating cash flow conversion** <sup>(1)</sup> | 225.5% | (70.7)% | 140.4% | (114.0)% |
| **Free cash flow conversion** | 81.0% | 38.3% | 69.6% | 48.8% |

---

_________________

(1)Operating cash flow conversion represents net cash provided by operating activities as a percentage of net income (loss).

------

**<u>Trademarks</u>**

This press release may contain trademarks of Grindr. Solely for convenience, trademarks referred to in this press release may appear without the® or TM symbols, but such references are not intended to indicate, in any way, that Grindr will not assert, to the fullest extent under applicable law, its rights to these trademarks.

**<u>About Grindr Inc.</u>**

With more than 14.5 million average monthly active users, Grindr has grown to become the Global Gayborhood in Your Pocket<sup>TM</sup>, on a mission to make a world where the lives of our global community are free, equal, and just. Available in 190+ countries and territories, Grindr is often the primary way for its users to connect, express themselves, and discover the world around them. Since 2015, Grindr for Equality has advanced human rights, health, and safety for millions of LGBTQ+ people in partnership with organizations in every region of the world. Grindr has offices in West Hollywood, the Bay Area, Chicago, and New York. The Grindr app is available on the App Store and Google Play.

**Investors:**

IR@grindr.com

**Media:**

Press@grindr.com

## Exhibit 99.2

![](grnd_q2x2025xshl001.jpg)

------

![](grnd_q2x2025xshl002.jpg)

------

![](grnd_q2x2025xshl003.jpg)

------

![](grnd_q2x2025xshl004.jpg)

------

![](grnd_q2x2025xshl005.jpg)

------

![](grnd_q2x2025xshl006.jpg)

------

![](grnd_q2x2025xshl007.jpg)

------

![](grnd_q2x2025xshl008.jpg)

------

![](grnd_q2x2025xshl009.jpg)

------

![](grnd_q2x2025xshl010.jpg)

------

![](grnd_q2x2025xshl011.jpg)

------

![](grnd_q2x2025xshl012.jpg)

------

![](grnd_q2x2025xshl013.jpg)

------

![](grnd_q2x2025xshl014.jpg)

------

![](grnd_q2x2025xshl015.jpg)

------

![](grnd_q2x2025xshl016.jpg)

------

![](grnd_q2x2025xshl017.jpg)

------

![](grnd_q2x2025xshl018.jpg)

------

![](grnd_q2x2025xshl019.jpg)

------

![](grnd_q2x2025xshl020.jpg)

------

## Exhibit 99.3

![](q22025supplementalaistra001.jpg)

1 August 7, 2025© Grindr All rights reserved. AI Native By Design Building gAI to reimagine how Grindr delivers value to users

------

![](q22025supplementalaistra002.jpg)

This presentation has been prepared by Grindr Inc. ("Grindr," and together with its subsidiaries, the "Company") for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise or representation by the presenter or the Company or any officer, director, employee, agent or advisor of the Company. Information provided in this presentation and the accompanying oral presentation speak only as of the date hereof. Nothing set forth herein should be regarded or relied upon as a representation, warranty or prediction that the Company will achieve or is likely to achieve any particular future result. While the Company is not aware of any misstatements regarding any information in this presentation, neither the Company nor any of its affiliates or representatives makes any representation or warranty, express or implied, as to the accuracy or completeness thereof. Certain information contained herein is based on information released by third party sources. The Company has not independently verified such information. In addition, the Company does not undertake any obligation to update any information or forward-looking statement, or to update the reasons why actual results could differ materially from those anticipated herein, even if new information becomes available in the future. This presentation does not purport to contain all the information or factors that may be required to make a full analysis of the Company. You may access documents the Company has filed with the Securities and Exchange Commission for more complete information about the Company for free by visiting EDGAR on the SEC website at www.sec.gov.This presentation may contain estimates and other statistical data made by independent parties and by the Company about the Company's industry and user base. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. In addition, projections, assumptions, and estimates of the Company's future performance and the future performance of the markets in which the Company competes are necessarily subject to a high degree of uncertainty and risk. Forward Looking Statements This presentation contains "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 regarding Grindr's current views with respect to our industry, operations and future business plans and performance. These forward-looking statements can generally be identified by the use of forward-looking terminology, such as "anticipates," "approximately," "believes," "continues," "could," "estimates," "expects," "goal," "intends," "may," "outlook," "plans," "potential," "predicts," "projects," "seeks," "should," "will" or the negative version of these words or other comparable words or phrases, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, among others, statements about combining proprietary AI architecture through the Grindr app; our ability to create enduring value through the use of AI; potential product offerings, including related to wellness and fitness, luxury experiences, travel, and networking; expectations for the AI-native strategy; the impact gAI will have on the value of user experiences; expectations on price and cost related to foundational models; our ability to leverage our architecture layer to become an AI-first company; the ability to sustain a competitive advantage through the use of AI; and our ability to keep user data and other sensitive data secure. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are not guarantees of future performance and are subject to risks and uncertainties that may cause actual results to differ materially from our expectations discussed in the forward-looking statements. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to retain existing users and add new users; (ii) the impact of the regulatory environment and complexities with compliance related to such environment, including maintaining compliance with privacy, data protection, and online safety laws and regulations, as well as laws that may apply to our products or services, including new products and services we introduce; (iii) our ability to address privacy concerns and protect systems and infrastructure from cyber-attacks and prevent unauthorized data access; (iv) our ability to identify and consummate strategic transactions including strategic partnerships, acquisitions, or investments in complementary products, services, or technologies, including outside of our core product; and our ability to realize the intended benefit of such transactions; (v) our success in retaining or recruiting directors, officers, key employees, or other key personnel, and our success in managing any changes in such roles; (vi) our ability to respond to general economic conditions; (vii) competition in the dating and social networking products and services industry; (viii) our ability to adapt to changes in technology and user preferences in a timely and cost-effective manner; (ix) our ability to successfully adopt generative AI and machine learning processes and algorithms into our daily operations, including by deploying generative AI and machine learning into our products and services; (x) our dependence on the integrity of third-party systems and infrastructure; (xi) our ability to protect our intellectual property rights from unauthorized use by third parties; (xii) whether the concentration of our stock ownership and voting power limits our stockholders' ability to influence corporate matters; (xiii) the timing, price and quantity of repurchases of shares of our common stock under our repurchase program, and our ability to fund any such repurchases; and (xiv) the effects of macroeconomic and geopolitical events on our business, such as health epidemics, pandemics, natural disasters, the impacts of changing tariff policies and trade tensions, and wars or other regional conflicts. The foregoing list of factors is not exhaustive. Further information on these and additional risks, uncertainties and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this press release are included in the section titled "Risk Factors'' included under Part I, Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, and in quarterly reports on Form 10-Q that we file with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and you should not place undue reliance on forward-looking statements. Except as required by law, Grindr assumes no obligation, and does not intend, to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. No Offer or Solicitation This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Trademarks This presentation may contain trademarks, service marks, trade names and copyrights of other companies, which are the property of their respective owners. The use or display of third parties' trademarks, service marks, trade name or products in this presentation is not intended to, and does not imply, a relationship with the Company, or an endorsement of sponsorship by or of the Company. Solely for convenience, the trademarks, service marks and trade names referred to in this presentation may appear with the®, TM or SM symbols, but such references are not intended to indicate, in any way, that the Company will not assert, to the fullest extent under applicable law, their rights or the right of the applicable licensor to these trademarks, service marks and trade names. LEGAL DISCLOSURE

------

![](q22025supplementalaistra003.jpg)

Grindr is becoming a global super app for gay & bi men Enhancing & expanding Core use case with AI, while creating new DTC businesses as we build the Global Gayborhood in Your PocketTM Core Business Connecting gay and bi men for hookups, dates, long-term relationships, friendships – and making it even better. We're not just fixing infrastructure or adding features – we're building innovative new products that give users new value and they. Fully integrated native AI We are creating enduring value by combining our proprietary AI architectural layer with our unparalleled datasets to create something truly unique. A-List and Discover are just the first examples – we're going to deploy this through the entire app. This user experience will enable a premium service and create sustained value. Gayborhood Expansion Just like our users congregate in physical neighborhoods and frequent the same businesses, we're building a digital neighborhood where they can find products and services they need – e.g., medications; wellness and fitness products; luxury experiences; travel; networking. 2 1 3

------

![](q22025supplementalaistra004.jpg)

1. 2024 U.S. Brand Pulse Survey conducted among GBTQ+ adults, February 2024. 2. Approx. For the year ending of December 31, 2024. 3. U.S. data from Statista, U.S. Census Bureau, American Sociological Review. Grindr's valuable, trendsetting user base creates unmatched reach and engagement 87% Brand Awareness Our Reach1 Our Engagement2 Our User Base3 190+ Countries and territories we're in 130B+ Chats sent 2.5B+ Album shares $128k Median HH income for male-male couples (vs. $75K for all households) 50% More likely to have earned a MD, JD or PhD 500M+ Locations shared 4

------

![](q22025supplementalaistra005.jpg)

To us, AI-native means rebuilding product, architecture, and operations with intelligence embedded at every layer — not bolted on as a feature

------

![](q22025supplementalaistra006.jpg)

Introducing Grindr AI (gAI, pronounced 'Gay I') We're building a full-stack foundation, gAI, made up of 3 layers: A model layer, comprised of our own custom models and the best third-party foundation models; An architecture layer, where we leverage Grindr's rich behavioral, conversational, and male imagery data to evaluate, combine, and enhance all of our models – generating novel insights and powerful capabilities for gay-specific contexts and needs; and An application layer, which synthesizes these capabilities into valuable, differentiated user experiences. Application layer (specific functions or domain products) Architecture layer (technologies enabling deployment of AI and incumbents with large datasets, distribution, network integrations) Foundational Models (e.g., OpenAI, Anthropic) 2 3 1 gAI is not just AI - it's a proprietary Grindr-native intelligence stack designed to capture gay cultural context, behavior patterns, and intent signals at scale

------

![](q22025supplementalaistra007.jpg)

➔ Foundational models (e.g., OpenAI, Grok, Anthropic) are fast becoming a commodity ➔ It is getting cheaper to create and train new models, with competition now shifting to price and distribution ➔ New foundational models are getting better and more advanced, but we believe the advantage will go to those who integrate and apply these models most effectively gAI can drive previously unimaginable user experiences + sustainable competitive advantage

------

![](q22025supplementalaistra008.jpg)

t ➔ The Application layer includes products that leverage foundational models for specific functions or categories ➔ Ranges from specific functions (e.g., AI agent for software engineering) to specific domains (e.g., AI-powered application for pharmaceutical sales teams – new SaaS) ➔ As foundational models advance, they're increasingly able to perform many of these same functions directly ➔ However, domain-specific apps still offer key advantages - Incremental value of specialized/proprietary data; - Domain-specific task optimization; and - Lower priority from the big players to chase down in the long tail gAI can drive previously unimaginable user experiences + sustainable competitive advantage

------

![](q22025supplementalaistra009.jpg)

The architecture layer is the crucial middle layer of GenAI, comprised of two buckets: ➔ Enablers: Companies creating technologies to enable others with data to deploy and integrate their own AI more easily ➔ Incumbents with Advantage: Organizations that already possess large datasets, distribution, network, and talent — positioned to win by deploying in-house models and synthetic agents With Grindr's network, loyal user base, and massive datasets, Grindr is well positioned to build this architecture layer to become an AI-first company (gAI), creating a sustainable competitive advantage We are layering these capabilities into the live app throughout 2025–2027 gAI can drive previously unimaginable user experiences + sustainable competitive advantage

------

![](q22025supplementalaistra010.jpg)

Grindr's distribution, datasets, and competitive advantage are the key ingredients of a winning AI-native strategy

------

![](q22025supplementalaistra011.jpg)

A-List: Grindr's first AI-native product at scale is redefining how users connect A-List ➔ A-List uses AI to prioritize high-potential chats, summarize conversations, deliver insights, and guide users back in with intent ➔ This streamlines app navigation, increasing user value, and creating new surface area for long-term monetization ➔ In early testing, A-List has received overwhelmingly positive feedback – users highlight the chat summaries as "incredible" and call them our "best new feature" for accuracy and usefulness ➔ A-List is expected to be a strong proof point of how gAI can turn proprietary data into differentiated experiences that drive value to users and revenue to our business ➔ A-List was rolled out in 2025 with broader monetization expected to start in 2026 Grindr users send over 130 billion chats a year – more than 50 chats per daily user – and A-List transforms that activity into smarter, best-fit priority connections with thoughtful, rich summaries of conversations that have already taken place

------

![](q22025supplementalaistra012.jpg)

We began development of gAI in 2024, and key capabilities are in production today, with full-scale deployment planned across the app starting in 2026 ➔ We're building Grindr as an AI-native company from the inside out — with intelligence embedded into every layer of our infrastructure, systems, capabilities, and people ➔ Agentic AI is deeply supporting our engineering team – boosting productivity per workload by up to 10x and contributing up to 20% of shipped code ➔ We're rapidly training gAI to understand gay life & cultural norms in depth ➔ We've implemented a robust privacy framework tailored to the unique sensitivities of our user base ➔ We're building a world-class talent engine at the intersection of Product, Engineering, and AI – with a deliberate focus on AI-native engineers Operationalizing gAI to drive scale and durable competitive advantage

------

![](q22025supplementalaistra013.jpg)

Grindr's advantage ➔ We're well positioned to execute at the architecture level – we can build a truly unique proprietary AI infrastructure ◆ We own the data-and-model "plumbing" that powers every AI feature: 130 billion chats/year1 ➔ Our distribution and engagement is best-in-class: 14.9M monthly active users spending approx. an hour a day on Grindr ➔ Our architecture continuously evolves as users continue to use the app, and we can continue to build new applications on top of our architecture ◆ For example, applications for Dating (matchmaking, insights, Wingman) could be different from Right Now use cases t The gAI advantage 1. Approx. For the year ending of December 31, 2024.

------