Grindr Inc. (GRND)

NYSE: GRND · IEX Real-Time Price · USD
7.19
+0.47 (6.99%)
At close: Dec 1, 2023, 4:00 PM
7.15
-0.04 (-0.56%)
After-hours: Dec 1, 2023, 7:34 PM EST
6.99%
Market Cap 1.26B
Revenue (ttm) 242.13M
Net Income (ttm) -5.81M
Shares Out 174.77M
EPS (ttm) -0.01
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 533,612
Open 6.72
Previous Close 6.72
Day's Range 6.64 - 7.23
52-Week Range 4.49 - 7.32
Beta 0.02
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2023

About GRND

Grindr Inc. operates social network platform for the LGBTQ community. Its platform enables gay, bisexual, transgender, and queer people to find and engage with each other, share content and experiences, and express themselves. It offers ad-supported service and a premium subscription version; and manages Blendr, a dating service application. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California. [Read more]

Sector Technology
Founded 2009
Employees 111
Stock Exchange NYSE
Ticker Symbol GRND
Full Company Profile

Financial Performance

In 2022, Grindr's revenue was $195.02 million, an increase of 33.72% compared to the previous year's $145.83 million. Earnings were $852,000, a decrease of -83.18%.

Financial Statements

News

Grindr Secures New $350 Million Credit Facility

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE:GRND), the world's largest social network for the LGBTQ community, today announced that it completed a refinancing via a new $300 million Term Loan A fa...

4 days ago - Business Wire

Grindr CFO to Participate in the Raymond James TMT and Consumer Conference

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that Vanna Krantz, Grindr's chief financial officer, will participat...

13 days ago - Business Wire

Grindr Brings Free At-Home HIV Self-Test Kits to Europe for the First Time With New Programs in Georgia and Ireland

LOS ANGELES--(BUSINESS WIRE)--At the outset of European testing week, Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced the launch of its new partn...

14 days ago - Business Wire

Grindr Inc. Reports Third Quarter 2023 Revenue Growth of 39%, Raises Guidance

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today posted its financial results for the third quarter ended September 30, 2023 in...

20 days ago - Business Wire

Grindr Names Tolu Adeofe as Director of Investor Relations As It Approaches One Year Anniversary of its NYSE Listing

LOS ANGELES--(BUSINESS WIRE)--Grindr (NYSE: GRND), the world's largest social network for the LGBTQ+ community, today announced that Tolu Adeofe has joined the company as Director of Investor Relation...

20 days ago - Business Wire

Grindr Announces Q&A Platform for Shareholders Ahead of Third Quarter 2023 Earnings Release

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced the opening of a shareholder Q&A on the Say Technologies platform to...

27 days ago - Business Wire

Grindr Announces Date of Third Quarter 2023 Financial Results Earnings Call

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, announced that it will release its financial results for the third quarter ended Sep...

4 weeks ago - Business Wire

Grindr Adds Three Key Executives On the Heels of Record Quarter Driven by Deeper User Engagement and New Subscription Options

LOS ANGELES--(BUSINESS WIRE)--Grindr (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced the additions of three senior executives: Zac Katz as General Counsel and...

2 months ago - Business Wire

Grindr CEO discusses how AI will revolutionize dating

Grindr CEO George Arison (GRND) spoke with Brian Sozzi at Goldman Sachs' Communacopia + Technology Conference to discuss company's plans to use AI to make changes its app more user-friendly and inclus...

3 months ago - Yahoo Finance

Grindr loses about half its workers after trying to make them come back to the office

Grindr lost nearly half its staff after issuing a return-to-office ultimatum. The dating app told employees to start working from an office 2 days a week or lose their jobs.

3 months ago - Business Insider

Dating app Grindr loses nearly half its staff after trying to force a return to office

LGBTQ dating app Grindr ended its remote work policies and forced employees to relocate. Nearly half of its staff left.

3 months ago - CNN Business

Grindr loses half its workforce over 2-day return-to-office mandate

Furious staffers claim the mandate was in retaliation over their campaign to unionize.

3 months ago - New York Post

Grindr Loses About 45% of Staff After Strict RTO Policy

About 80 of the 178 employees at the LGBTQ dating app company were forced to resign after the company in August mandated workers return to work in person two days a week at assigned "hub" offices or b...

3 months ago - Bloomberg Markets and Finance

Grindr to Participate in the Goldman Sachs Communacopia and Technology Conference

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that George Arison, Grindr's chief executive officer, and Vanna Kran...

3 months ago - Business Wire

Grindr has a reputation for its hookup culture, but the company says a quarter of its users are there to network. The CEO says he even hired people through the app.

Grindr is an LGBTQ+ dating app notorious for instant hookups. But Grindr says that about 25% of its users are also there to network.

3 months ago - Business Insider

Grindr Inc. Reports Second Quarter 2023 Revenue Growth of 32%, Raises Guidance

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today posted its financial results for the second quarter ended June 30, 2023 in a L...

3 months ago - Business Wire

Grindr Reschedules Earnings Release and Conference Call

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced that it will reschedule its second quarter 2023 earnings release and...

4 months ago - Business Wire

Grindr Announces Q&A Platform for Shareholders Ahead of Second Quarter 2023 Earnings Release

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today announced the opening of a shareholder Q&A on the Say Technologies platform to...

4 months ago - Business Wire

Grindr Announces Date of Second Quarter 2023 Financial Results Earnings Call

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, announced that it will release its financial results for the second quarter ended Ju...

4 months ago - Business Wire

Grindr went public 7 months ago. Here's what's happened since then

The company going public on the stock market was initially cheered as a step forward for inclusion.

5 months ago - CNBC

Grindr's ex-privacy chief accused top executives of shrugging off system bugs that retained 'billions' of user photos

The ex-head of privacy at dating app Grindr filed an explosive lawsuit against his former company. Former Chief of Privacy Ron DeJesus said top executives ignored multiple warnings about user data.

6 months ago - Business Insider

Grindr and MISTR Join Forces for “God Save the Queens” Pride Fundraiser Series Benefiting Local Drag Artists and the ACLU Drag Defense Fund

LOS ANGELES--(BUSINESS WIRE)--As part of their shared and ongoing commitment to support and celebrate the queer community, Grindr and MISTR are teaming up this Pride season for a celebratory party ser...

6 months ago - Business Wire

Grindr to Ring Closing Bell at the New York Stock Exchange

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, will ring The Closing Bell at the New York Stock Exchange this afternoon at 4:00 p.m...

6 months ago - Business Wire

Grindr CEO on 1Q Results, Grindr Web

Grindr CEO George Arison joins Caroline Hyde and Ed Ludlow to discuss the dating app's 1Q results and why Grindr Web is a way to set the platform up for the future and launch more features. -------- L...

7 months ago - Bloomberg Technology

Grindr Inc. Reports First Quarter 2023 Earnings Results

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the world's largest social network for the LGBTQ community, today posted its financial results for the first quarter ended March 31, 2023 in a L...

7 months ago - Business Wire