Grindr reported full-year sales of $344.636 million for 2024, surpassing estimates of $340.790 million. The company announced its first share repurchase program, allowing for up to $500 million in share buybacks. Grindr's revenue grew by 33% year-over-year, with an adjusted EBITDA margin of 43%, amounting to $147 million. The advertising segment performed particularly well, increasing by 56% compared to the previous year. Additionally, Grindr's average monthly active users rose by 7% to 14.2 million, while the number of paying users increased by 15% to 1.1 million, resulting in a payer penetration rate of 7.6%. Looking ahead, Grindr's initial guidance for 2025 anticipates revenue growth of over 24% and an adjusted EBITDA margin of at least 41%. The company plans to hire a significant number of roles in AI and machine learning to support its future initiatives, building on a net gain of 35 employees in the previous year.