GRND
NYSE
$15.58
Grindr Inc - Class A (GRND)
Grindr Inc. is a leading social networking and dating platform specifically designed for the LGBTQ+ community, founded in 2009. With its innovative use of location-based technology, Grindr has cultivated a large and dedicated user base, establishing itself as a key player in the social media landscape. The company is strategically positioned to leverage its data analytics capabilities to enhance user engagement and drive advertising revenue growth. As Grindr continues to expand its service offerings and adapt to the dynamic landscape of social connections, it presents a unique opportunity for institutional investors looking to engage with the evolving demand for inclusive digital spaces.
Sector:
Technology
Industry:
Software - Application
Strong Buy
Target: $18.80 (+20.67%)
Market Cap
$2.79B
Profit Margin
20.6%
P/E Ratio
30.70
Free Cash Flow Yield
5.39%
Price Chart
Valuation
Market Cap$2.79B
P/E30.70
P/S5.89
P/B3313.03
Profitability
Total Revenue (TTM)$476M
Gross Profit (TTM)$355M
EBITDA$150M
Profit Margin20.6%
Operating Margin32.9%
EPS$0.51
Financial Health
Debt-to-Equity46613.8%
Free Cash Flow Yield5.39%
Growth & Risk
Beta (5Y)0.68
Sharpe Ratio-0.32