Tinder generates almost all of its revenue from subscriptions. Swidler says that Tinder Gold — the premium subscription service it rolled out last year gives users more features for $14.99 a month — is a big reason that sales are up. The other reason is more paying subscribers.

What is the revenue of Tinder?

For the first quarter, Matchs total revenue jumped 23% to $668 million versus estimates of $650.7 million, largely powered by a 18% revenue rise at Tinder on average subscriber growth of 15%. Other brands saw a revenue rise of 30%. Matchs average revenue per user rose 9%.