Brianna Diaz's questions to Grindr Inc (GRND) leadership • Q2 2025
Question
Brianna Diaz from JMP Securities LLC asked for an explanation of the acceleration in indirect revenue, the drivers behind the increase in operating expenses, and any early learnings from recent pricing experiments.
Answer
CEO George Arison stated that strong indirect revenue growth was driven by third-party advertising, achieved by increasing ad inventory and adding new partners and formats like rewarded video. CFO Vandana Mehta-Krantz explained that higher operating expenses reflect product investments, Q2 accruals, and a more even quarterly expense distribution compared to prior years. Regarding pricing, Arison confirmed no material impact is expected in 2025, as the company is in an early experimental phase, but noted significant value has been added to justify future increases.