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Grindr Inc
Cash Taxes Paid
Grindr Inc
Cash Taxes Paid Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Cash Taxes Paid | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
G
|
Grindr Inc
NYSE:GRND
|
Cash Taxes Paid
$17.7m
|
CAGR 3-Years
111%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Snap Inc
NYSE:SNAP
|
Cash Taxes Paid
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Pinterest Inc
NYSE:PINS
|
Cash Taxes Paid
$37.8m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Alphabet Inc
NASDAQ:GOOGL
|
Cash Taxes Paid
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Match Group Inc
NASDAQ:MTCH
|
Cash Taxes Paid
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Meta Platforms Inc
NASDAQ:META
|
Cash Taxes Paid
$12.9B
|
CAGR 3-Years
13%
|
CAGR 5-Years
29%
|
CAGR 10-Years
59%
|
|
Grindr Inc
Glance View
In the digital tapestry of modern social interaction, Grindr Inc. thrives as a prominent figure, seamlessly bridging technology and community. Founded in 2009 by Joel Simkhai, Grindr carved its niche by pioneering location-based social networking, specifically targeting the LGBTQ+ community. The app's interface is designed to facilitate connections among users through geolocation technology, enabling them to meet new people in their vicinity. This innovation became a linchpin for its growth, transforming the way connections are perceived and pursued within this community. What started as a seed of technology-driven interaction quickly burgeoned into a global platform, reflecting the nuances of identity, culture, and shared interests. Grindr's business model stands robust on the pillars of freemium services and advertising. While the app is free to download and use, it strategically monetizes through its premium subscription service, Grindr XTRA, offering users an ad-free experience with additional features such as advanced filters, the ability to see more profiles, and the option to view who has seen them. This dual revenue approach not only ensures steady cash flow from a substantial user base but also taps into targeted advertising opportunities with businesses keen on reaching its expansive LGBTQ+ demographic. As the digital landscape evolves, Grindr continues to adapt, ensuring that its platform not only caters to connections but resonates with the ever-changing dynamics of its diverse community.
See Also
What is Grindr Inc's Cash Taxes Paid?
Cash Taxes Paid
17.7m
USD
Based on the financial report for Dec 31, 2023, Grindr Inc's Cash Taxes Paid amounts to 17.7m USD.
What is Grindr Inc's Cash Taxes Paid growth rate?
Cash Taxes Paid CAGR 3Y
111%
Over the last year, the Cash Taxes Paid growth was 691%. The average annual Cash Taxes Paid growth rates for Grindr Inc have been 111% over the past three years .
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