YOLFTbeta
Grindr Inc

Grindr Inc

GRND · NYSE · Technology / Software - Application

14.84USD+0.40 (+2.77%)

Price History

Full chart

Market Stats

Previous Close14.44
Open14.59
Day Range14.34 – 14.84
52-Week Range9.73 – 18.50
Volume2.11M
Market Cap2.74B
P/E (TTM)33.55
Forward P/E0.00
EPS0.47
Dividend Yield0.00%
Beta0.19
50-Day Avg15.85
200-Day Avg13.52

About

Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. It manages and operates Grindr platform, a social networking platform serving and addressing the needs of gay, bisexual, and sexually explorative adults. It also offers Grindr as the Global Gayborhood in Your Pocket brand. In addition, the company provides ad-supported service and a premium subscription version. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. George Arison
  • Employees172
  • Headquarters750 North San Vicente Boulevard, West Hollywood, CA, United States, 90069, USA
  • Websitehttps://www.grindr.com

Leadership

  • Mr. George ArisonChairman & CEO · b. 1979
  • Mr. John F. North IIIChief Financial Officer · b. 1978
  • Mr. Zachary KatzChief Legal Officer, General Counsel & Head of Global Affairs · b. 1978
  • Mr. Austin J. BalanceChief Product Officer · b. 1987
  • Mr. Daniel I. WeinsteinChief Accounting Officer · b. 1977
  • Mr. Tolu AdeofeHead of Investor Relations
  • Mr. Tristan PineiroChief Marketing Officer
  • Joel KeatingSenior Vice President of Engineering

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue108.70M104.46M145.83M195.01M259.69M344.64M439.90M
Growth (%)--3.90%+39.60%+33.72%+33.16%+32.71%+27.64%
Cost of Revenue27.55M31.42M37.36M51.28M67.46M87.58M121.42M
Gross Profit81.15M73.04M108.47M143.74M192.23M257.06M318.48M
Gross Margin74.66%69.92%74.38%73.70%74.02%74.59%72.40%
Operating Expense71.04M73.95M84.77M130.70M136.78M164.46M192.19M
Operating Income10.11M-907.00K23.71M13.04M55.45M92.60M126.29M
Operating Margin9.30%-0.87%16.26%6.68%21.35%26.87%28.71%
EBITDA37.17M27.01M68.23M70.09M21.30M107.17M145.12M
EBITDA Margin34.19%25.86%46.79%35.94%8.20%31.10%32.99%
Net Income7.71M-13.07M5.06M852.00K-55.77M-131.00M94.75M
Net Income Margin7.09%-12.51%3.47%0.44%-21.47%-38.01%21.54%
R&D11.41M15.36M10.91M17.90M29.33M36.40M48.93M
R&D as % of Total Revenue10.50%14.71%7.48%9.18%11.29%10.56%11.12%
Interest Expense38.00K-18.70M31.54M46.01M25.62M17.64M
Interest Expense % of Total Revenue0.03%-12.82%16.17%17.72%7.43%4.01%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-503.70M449.73M438.83M444.60M479.09M531.03M
Total Liabilities-247.45M186.49M434.78M462.89M610.66M484.02M
Total Equity-256.26M263.24M4.05M-18.29M-131.57M47.01M
Cash-41.39M15.78M8.72M27.61M59.15M87.05M
Total Debt-193.93M137.12M365.34M344.25M293.91M401.01M
Net Debt-152.54M121.34M356.61M316.64M234.76M313.96M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow37.97M26.06M34.43M50.64M36.15M94.96M141.52M
Investing Cash Flow-4.68M-264.46M-3.80M-5.58M-4.23M-5.34M-8.62M
Financing Cash Flow299.69M299.69M-56.25M-52.11M-13.04M-58.85M-105.01M
Capital Expenditure2.46M467.00K3.80M5.58M4.23M945.00K746.00K
Free Cash Flow35.51M25.59M30.63M45.06M31.92M94.01M140.77M
Dividends Paid196.31M196.31M196.31M196.31M116.78M--
FCF to OCF93.52%98.21%88.97%88.97%88.30%99.00%99.47%
Dividend Paid to FCF552.77%767.09%640.83%435.66%365.89%--

Earnings

Report DateSep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Nov 12, 2021Mar 22, 2022May 16, 2022Aug 10, 2022Nov 7, 2022Mar 6, 2023May 15, 2023Jun 30, 2023Sep 30, 2023Mar 7, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Mar 5, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Mar 11, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate---------0.00----0.260.040.050.070.080.070.100.110.120.130.140.16
EPS Actual-0.00-0.600.160.160.340.010.23-0.22-0.270.03-0.190.13-0.00-0.26-0.050.080.100.090.100.080.170.110.140.10-
Surprise-------------0.81%-225.00%60.00%42.86%10.97%42.86%-20.00%54.55%-14.69%7.69%-28.57%-
Timing-------------After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.74B
Enterprise Value3.07B
Trailing P/E33.55
Forward P/E0.00
Price / Sales5.38
Price / Book3512.15
EPS0.47
Book Value-0.068
Revenue (TTM)509.82M
Gross Profit (TTM)382.05M
EBITDA158.02M
Profit Margin18.75%
Operating Margin23.53%
Return on Equity108.65%
Return on Assets19.51%
Shares Outstanding173.82M
Shares Float44.85M
Beta0.19
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 20.80
  • Strong Buy
    1
  • Buy
    3

Ownership Breakdown

Institutions
23.52%
Insiders
83.14%
Retail / Other
0.00%

Top Institutional Holders

  • Citadel Advisors Llc
    4.45M2.56%
  • BlackRock Inc
    3.73M2.15%
  • PERRY CREEK CAPITAL LP
    1.85M1.06%
  • NORGES BANK
    1.73M0.99%
  • BWCP, LP
    1.65M0.95%
  • Marshall Wace Asset Management Ltd
    1.57M0.90%
  • Dimensional Fund Advisors, Inc.
    1.48M0.85%
  • Quinn Opportunity Partners LLC
    1.48M0.85%
  • Tikvah Management LLC
    1.46M0.84%
  • Vanguard Capital Management, LLC
    1.41M0.81%
  • State Street Corp
    1.18M0.68%
  • Two Sigma Investments LLC
    1.04M0.60%
  • Geode Capital Management, LLC
    868.20K0.50%
  • Federated Hermes Inc
    833.29K0.48%
  • Jane Street Group LLC
    767.75K0.44%
  • Jacobs Levy Equity Management, Inc.
    759.45K0.44%
  • Nuveen, LLC
    749.04K0.43%
  • The Goldman Sachs Group Inc
    719.40K0.41%
  • Philosophy Capital Management LLC
    713.10K0.41%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    844.62K0.49%