Grindr SPAC Presentation Deck slide image

Grindr SPAC Presentation Deck

NON-GAAP REVENUE & ADJUSTED EBITDA $55M 2021 YOY GROWTH 30% 52% Non-GAAP Revenue Adj. EBITDA $109M 14% $8M 2016 $66M 17% $11M 2017 GRINDR BY THE NUMBERS Non-GAAP Revenue $87M (6) 25% $22M 2018 45% $49M 2019 Adj. EBITDA $113M 45% $51M 2020 $147M 53% $77M 2021 Adj. EBITDA Margin 85% Brand awareness(1) 11M 723K MAUS (3) Dec 2021 Paying Users(4) ~80% User Profiles Are 35 Y/O Or Younger (5) (1) Morning Consult brand tracking research commissioned by Grindr, May 2022. (2) Grindr time spent statistic is defined as number of minutes, on average, a profile spent on the Grindr app on a specific day. 61 minutes is the average for each day during the calendar month ended December 31, 2021. (3) MAUS for the year ended December 31, 2021, sourced from Grindr internal data. See "Definitions" in the Appendix for additional detail. 61 min Average daily time spent(2) (4) December 2021 paying users sourced from Grindr internal data and third-party data. See "Definitions" in the Appendix for additional detail. (5) Based on self-reported ages of profiles that generated a server event during the 28 days ended December 31, 2021; excludes Grindr users who claim to be older than 90 years; sourced from Grindr internal data. (6) Calculated based on Non-GAAP revenue. Non-GAAP revenue is a Non-GAAP measure. See Appendix for an explanation of how Non-GAAP revenue is calculated from revenue / net income (loss). 190+ Countries With Profiles CONFIDENTIAL 13
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