
Grindr Inc. (GRND) M&A Call Transcript
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.
| Revenue (TTM) | $509.82M |
| Gross Profit (TTM) | $382.05M |
| EBITDA | $158.02M |
| Operating Margin | 23.50% |
| Return on Equity | 108.70% |
| Return on Assets | 19.50% |
| Revenue/Share (TTM) | $2.78 |
| Book Value | $-0.07 |
| Price-to-Book | 3512.15 |
| Price-to-Sales (TTM) | 4.80 |
| EV/Revenue | 6.02 |
| EV/EBITDA | 20.16 |
| Quarterly Earnings Growth (YoY) | 25.00% |
| Quarterly Revenue Growth (YoY) | 32.50% |
| Shares Outstanding | $173.82M |
| Float | $45.27M |
| % Insiders | 82.78% |
| % Institutions | 23.55% |
Volatility is currently expanding

Grindr Inc. (GRND) M&A Call Transcript

Grindr said it is acquiring PurposeMed, the parent company of HIV prevention telehealth provider Freddie. The deal is worth $250 million and is expected to close in the fourth quarter.

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced it has agreed to acquire PurposeMed Inc., the parent company of Freddie, a leading telehealth provider of PrEP and HIV prevention care, for $250 million in cash and stock. The transaction may include up to an additional $70 million in cash consideration based on the achievement of certain performance targets and is expected to close in Q4 2026, subject to applicable closing conditions.

The gay dating-app's first major acquisition reflects a broader expansion into the healthcare business.

Grindr stands out as a rare dating app delivering meaningful growth amid industry retrenchment. I maintain a buy rating on GRND, citing high conviction in its growth story and attractive valuation versus peers. Despite a strong Q2 beat-and-raise, GRND trades flat near $16, underperforming Match despite superior growth.

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that George Arison, Grindr's Chairman and Chief Executive Officer, will speak on the mainstage at the Clinton Global Initiative (CGI) 2026 Annual Meeting in New York, NY. Arison will appear on a featured panel, "Getting Disruption Right," on Wednesday, September 23, 2026, at 8:45 AM ET, where he will discuss the company's commitment to HIV prevention. Grindr is a sponsor of the CGI 202.

WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)-- #Grindr--Grindr's award-winning podcast, Who's the A**hole? returns for Season 5 with Katya and a stacked new lineup of guests.

Could AI actually make the online dating and hookup experience better?

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Grindr Inc. (GRND) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
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