GoKawiilGrindr's CEO pushes 'everything app' strategy as investors weigh a premium subscription tier
Grindr, under CEO George Arison since 2022, has grown revenue from $195 million to a guided $540 million-plus this year while keeping adjusted EBITDA margins above 40%, mostly by charging existing users more rather than expanding its user base. The company is now expanding beyond dating into healthcare services and travel features, and plans to launch a pricier 'EDGE' subscription tier later this year that has already drawn criticism online. Arison also argues that institutional investors continue to undervalue Grindr's stock because of stigma tied to being a gay dating app.