Grindr Inc. (GRND)
| Market Cap | 3.78B |
| Revenue (ttm) | 344.64M |
| Net Income (ttm) | -131.00M |
| Shares Out | 208.25M |
| EPS (ttm) | -0.74 |
| PE Ratio | n/a |
| Forward PE | 46.00 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,514,020 |
| Open | 18.33 |
| Previous Close | 18.12 |
| Day's Range | 17.98 - 18.58 |
| 52-Week Range | 8.95 - 19.20 |
| Beta | 0.30 |
| Analysts | Strong Buy |
| Price Target | 20.00 (+10.07%) |
| Earnings Date | Mar 5, 2025 |
About GRND
Grindr Inc. operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. Its Grindr platform, a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults around the world. 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, Calif... [Read more]
Financial Performance
In 2024, Grindr's revenue was $344.64 million, an increase of 32.71% compared to the previous year's $259.69 million. Losses were -$131.00 million, 134.9% more than in 2023.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for GRND stock is "Strong Buy." The 12-month stock price forecast is $20.0, which is an increase of 10.07% from the latest price.
News
Looking? Grindr's ‘Right Now' Feature Expands into 15 New Cities
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr, the Global Gayborhood in Your Pocket™ with more than 14.5M average monthly active users, today announced the expansion of Right Now, their intent-based...
Grindr: AI-Driven Innovation And Global Expansion Create A Buying Opportunity
Grindr's Q4 results were in line with expectations, but shares fell due to slightly lower EBITDA guidance, presenting a buying opportunity. Product innovation and AI investments differentiate Grindr, ...
Grindr: Still Growing, But Deceleration Is A Good Time To Pause On This Investment (Rating Downgrade)
Shares of Grindr dropped ~15% after reporting Q4 results, with investors reacting harshly to a slowdown in paid user adds and a slight margin pullback. The company's FY25 outlook also calls for a 10+ ...
Grindr Inc. (GRND) Q4 2024 Earnings Call Transcript
Grindr Inc. (NYSE:GRND) Q4 2024 Earnings Conference Call March 5, 2025 5:00 PM ET Company Participants Tolu Adeofe - Head-Investor Relations George Arison - Chief Executive Officer Vanna Krantz - Chi...
Grindr Inc. Delivers 33% Full Year 2024 Revenue Growth
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the fourth quarter and fiscal year en...
Grindr stock analysis: why is it beating Bumble and Match Group?
The biggest dating stocks have plunged in the past few years as consumers remained adamant about paying. Match Group and Bumble stocks have imploded, shedding billions of dollars in value.
Grindr to Participate in Upcoming Investor Conferences
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that Chief Executive Officer, George Arison and Chief Financial Officer, Vanna Krantz wil...
Grindr Announces Date of Fourth Quarter and Full Year 2024 Financial Results Earnings Call
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, announced that it will release its financial results for the fourth quarter and full year ended December ...
Grindr: AI Innovation Grinds Higher; Increase Price Target To $22/Share
Grindr expects revenue growth of 32-33% for 2024, driven by strong direct ad sales and subscriptions, maintaining an adj. EBITDA margin of at least 42%. The company redeemed public and private warrant...
Grindr Inc. Announces Redemption Fair Market Value in Connection with Redemption of its Outstanding Warrants
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today announced the “Redemption Fair Market Value” to be used in connection ...
Grindr Inc. Expects to Beat 2024 Revenue Outlook and Announces Redemption of Warrants
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your Pocket™, today announced that it is providing notice to holders of its outstanding pub...
Grindr Unveils 2025 Product Roadmap, Including Six New Intent-Based Travel and AI Personalization Products
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today unveiled an ambitious product roadmap for 2025, consisting of the most robust set of lau...
Grindr: Why $17 Per Share Is A Bargain
I see Grindr Inc. valuation at 23x forward free cash flow as an attractive entry point, given its revenue growth and profitability. The company's focus on monetization and improving user engagement se...
Grindr: How AI Is Poised To Become The Dating World's Ultimate Wingman
Grindr's investment in AI aims to enhance user experience, increase pricing power, and drive revenue growth, positioning it as a leader in the LGBTQ dating app market. The AI agent feature could signi...
Features and Fees Driving Grindr Growth
Social network app Grindr, Inc. (GRND) sees shares rise with more paying customers, added features.
Roam For the Holidays: Grindr Offers Free Access to Their Popular Travel Feature
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--From December 22 to January 2, people on Grindr across the globe can experience Roam, a popular new feature, free of charge.
Stocks This Week Follow Up: Grindr And Tesla Are Moving Higher
The stock market is likely to extend this December rally into January. The next correction is due in February and March.
Not Your Average Year-End Report: Grindr Unveils UNWRAPPED 2024
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr Unwrapped 2024 is an annual release of insights that reveals the sex, dating, travel, and pop culture trends that defined queer life this year.
Grindr to Participate in the Raymond James 2024 TMT & Consumer Conference
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that Vanna Krantz, Grindr's chief financial officer, will participate in a fireside chat ...
Grindr Inc. (GRND) Q3 2024 Earnings Call Transcript
Grindr Inc. (NYSE:GRND) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tolu Adeofe - Head-Investor Relations George Arison - Chief Executive Officer Vanna Krantz - ...
Grindr Q3 2024: A Steady Grind To Higher Valuation
Grindr's 3Q24 results show strong revenue and EBITDA beats, with significant user growth and ARPU increases, underscoring its market dominance. We raise our target price to $19/share, implying a 30% u...
Grindr Inc. Reports Third Quarter 2024 Revenue Growth of 27%, Raises Revenue Guidance
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your PocketTM, today posted its financial results for the third fiscal quarter ended September 30, 2024, in a Letter to...
Grindr Announces Date of Third Quarter 2024 Financial Results Earnings Call
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, announced that it will release its financial results for the third quarter ended September 30, 2024, afte...
Stocks This Week: Buy Grinder And NVIDIA
The overall market is likely to fall in this post-OPEX week. The average low in any year is October 27th, and that date is coming.
Grindr: The Untapped Value Of The Overlooked Rainbow Economy
Grindr is the largest LGBTQ app globally, with significant user engagement and ARPU potential, making it an attractive investment with a $16/share target. GRND's predictable subscription-based revenue...