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Earnings Call Summary | Grindr(GRND.US) Q2 2024 Earnings Conference

Earnings Call Summary | Grindr(GRND.US) Q2 2024 Earnings Conference

業績會總結 | Grindr(GRND.US) 2024年第二季度業績會
富途資訊 ·  08/10 21:25  · 電話會議

The following is a summary of the Grindr Inc. (GRND) Q2 2024 Earnings Call Transcript:

以下是Grindr Inc. (GRND) Q2 2024 業績會簡報摘要:

Financial Performance:

金融業績:

  • Grindr reported Q2 revenue increase by 34% year-over-year to $82.3 million with an adjusted EBITDA margin of 45%.

  • Direct revenue increased by 31% year-over-year to $70 million, boosted by enhancements in premium feature merchandising.

  • Average monthly active users grew by 7% over the prior year, and average paying users increased by 14% over the same period, resulting in a payer penetration of 7.5% for the quarter.

  • Indirect revenue increased by nearly 50% year-over-year to $12 million.

  • Adjusted EBITDA for Q2 was $36.9 million, up from $26.9 million a year ago, demonstrating a 45% adjusted EBITDA margin, showing an increased profitability.

  • Grindr報告Q2營業收入同比增長34%,達到8230萬美元,調整後的EBITDA利潤率爲45%。

  • 通過提升高級功能銷售改進,直接營業收入同比增長31%,達到7,000萬美元。

  • 平均月活躍用戶數同比增長7%,付費平均用戶數同期增長14%,季度付費人數滲透率達到7.5%。

  • 間接營業收入同比增長近50%,達到1,200萬美元。

  • Q2調整後的EBITDA爲3,690萬美元,較一年前的2,690萬美元增長,顯示出45%的調整後EBITDA利潤率,表明利潤能力增強。

Business Progress:

業務進展:

  • Launched enhancements like Explore Chat, Boost add-on, and transitioned to paid tiers which improved conversion rates and user engagement.

  • Continued development on the Right Now and Roam features to enhance immediate connections and support for traveling users.

  • Expanded indirect revenue streams through growth in third-party advertising and expansion of the network of ad partners.

  • Paid down $17.6 million of debt, significantly reducing the total debt to $298 million.

  • 推出了探索聊天、Boost附加包等增強功能,轉向付費會員模式,提高了轉化率和用戶參與度。

  • 繼續開發Right Now和Roam功能,增強立即連接和對旅行用戶的支持。

  • 通過擴大第三方廣告的增長和廣告合作伙伴網絡的擴展,擴大了間接營業收入流。

  • 清償了1,760萬美元的債務,將總債務顯着降至2,9800萬美元。

Opportunities:

機會:

  • Plans to build and test new AI-first dating features like Grindr Wingman to enhance user interaction and overcome geographical constraints in dating.

  • Developing the Right Now suite of features and continued expansion of core product capabilities targeting both immediate connections and longer-term relationships.

  • 計劃開發並測試一些新的以人工智能爲先的約會功能,如Grindr Wingman,以增強用戶互動並克服約會中的地理限制。

  • 開發Right Now功能套件,並繼續擴展核心產品能力,同時瞄準立即連接和長期關係的目標。

Risks:

風險:

  • While Grindr shows strong brand engagement and user growth, the saturation in certain markets and reliance on continuous product innovation and feature enhancements pose challenges to maintaining growth momentum.

  • 雖然Grindr顯示出強大的品牌參與和用戶增長,但在某些市場上已飽和,依賴於持續的產品創新和功能增強,這對於保持增長勢頭構成了挑戰。

More details: Grindr IR

更多詳情: Grindr IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


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