Grindr SPAC Presentation Deck slide image

Grindr SPAC Presentation Deck

1 RAPIDLY GROWING AND HIGHLY PROFITABLE BUSINESS HIGH NON-GAAP REVENUE GROWTH (1) 30% 2021 YoY Growth Very attractive relative to publicly traded peers MINIMAL MARKETING SPEND AS % OF REVENUE (2) 1% 2021 Testament to strength of brand, product, and community (1) 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). (2) Calculated as 2021 sales & marketing expense, primarily customer acquisition, branding & content expenses divided by Non-GAAP revenue. BEST-IN-CLASS ADJUSTED EBITDA MARGIN PROFILE(1) 53% 2021 Consistent historical Adj. EBITDA margins in the -50% range CONFIDENTIAL 18
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