Member Since: 8/18/2013
Posts: 10,487
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We're getting a closer look at the business of gay social network Grindr, thanks to documents that leaked following the hack of extra-marital affairs dating site Ashley Madison.
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Included within Biderman's email correspondence is a "Management Presentation" for gay networking app Grindr, created in June 2015. Business Insider has reached out to Grindr for comment on the deck and will reply when it responds, but the document appears to be legitimate.
Avid Life Media is in possession of the document because at one point the company was considering investing in or acquiring Tinder, although it ultimately decided against it because of the price-tag.
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Accordingly, the company has seen healthy growth over the last few years, with revenues rising to $31.8 million, up from $15.8 million in 2012 in 2014, with estimated revenues of $38.1 million in 2015. By the end of 2018, it predicts annual revenues of as much as $77 million — more than twice that of 2014.
By a considerable margin, its single biggest audience is USA, with just under 1.3 million monthly active users (MAUs). This is followed by the UK (377,000), Brazil (248,000), and France (185,000). Overall, it has 10.5 million global users, of which 3.8 million are MAUs. MAUs are forecast to grow by more than 40% in 2015
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................... Its only finacial data  ...... for now
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