Streetbeat News

GRND

Grindr Inc.

https://www.grindr.com

Industry

Software - Application

Grindr Inc. operates social network platform for the LGBTQ community. Its platform enables gay, bi, trans, and queer people to engage with each other, share content and experiences, and express themselves. It offers a free, ad-supported service and a premium subscription version. The company was founded in 2009 and is based in West Hollywood, California.

Open

16.91

Mkt cap

3.5B

Volume

510K

High

17.05

P/E Ratio

-23.01

52-wk high

19.20

Low

16.57

Div yield

N/A

52-wk low

8.95

Grindr's Q4 results met expectations, but shares dropped due to lower EBITDA guidance, creating a buying opportunity. The company's focus on AI-driven product innovation and global expansion, supported by favorable regulations, positions it for long-term growth. A $500m share buyback indicates management's confidence.

Portfolio Pulse from

March 08, 2025 | 11:00 am

Grindr Inc. (GRND) reported Q4 earnings of $0.09 per share, matching the Zacks Consensus Estimate and showing growth from $0.04 per share a year ago.

Portfolio Pulse from

March 07, 2025 | 11:45 pm

Grindr's stock dropped ~15% following Q4 results, with concerns over slowing paid user growth and margin pullback. The FY25 outlook predicts a 10+ point deceleration in revenue growth to 24%, though it still outpaces peers like Bumble and Match.

Portfolio Pulse from

March 07, 2025 | 3:15 pm

Grindr Inc. (GRND) held its Q4 2024 earnings call on March 5, 2025. Key participants included CEO George Arison and CFO Vanna Krantz. Analysts from Raymond James, TD Cowen, and Goldman Sachs participated in the call.

Portfolio Pulse from

March 06, 2025 | 12:15 am

Grindr Inc. reported a 33% revenue growth for the fiscal year 2024 and announced a $500 million share repurchase program.

Portfolio Pulse from

March 05, 2025 | 9:15 pm

Grindr Inc. (NYSE: GRND) announced its participation in upcoming investor conferences, with CEO George Arison and CFO Vanna Krantz attending events in San Francisco in March 2025.

Portfolio Pulse from

February 24, 2025 | 9:15 pm

Grindr Inc. (NYSE: GRND) will release its Q4 and full year 2024 financial results on March 5, 2025, after market close. A press release and a webcasted conference call will follow.

Portfolio Pulse from

February 19, 2025 | 9:30 pm

Grindr has increased its price target to $22/share, driven by expected revenue growth of 32-33% in 2024, strong ad sales, and subscriptions. The company redeemed warrants, increasing stock float, which may attract institutional investors. AI integration is expected to enhance platform stickiness and ARPPU growth.

Portfolio Pulse from

February 16, 2025 | 6:30 am

Grindr Inc. (NYSE: GRND) has announced its 2025 product roadmap, which includes six new intent-based travel and AI personalization products. This marks the most extensive set of launches in the company's history, aiming to enhance user experience and expand use cases.

Portfolio Pulse from

January 21, 2025 | 2:15 pm

Grindr Inc. is considered a bargain at $17 per share due to its attractive valuation at 23x forward free cash flow, revenue growth, and profitability. The company's focus on monetization and user engagement, despite its debt, positions it for strong returns.

Portfolio Pulse from

January 16, 2025 | 5:15 pm

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