Grindr Inc. is a prominent social networking and dating platform tailored specifically for the LGBTQ+ community, founded in 2009. Utilizing location-based technology, Grindr has cultivated a substantial and active user base, solidifying its status as a key player in the social media sector. The company’s focus on cutting-edge features, community engagement, and advanced data analytics not only drives user retention but also unlocks significant advertising revenue opportunities. With ongoing strategic initiatives aimed at broadening its service offerings and enhancing user experiences, Grindr is strategically positioned to benefit from the increasing demand for inclusive social networking platforms, rendering it a compelling investment prospect for institutional investors.
| Revenue (TTM) | $439.90M |
| Gross Profit (TTM) | $327.34M |
| EBITDA | $137.19M |
| Operating Margin | 29.50% |
| Return on Equity | -171.50% |
| Return on Assets | 16.40% |
| Revenue/Share (TTM) | $2.31 |
| Book Value | $0.25 |
| Price-to-Book | 53.37 |
| Price-to-Sales (TTM) | 5.66 |
| EV/Revenue | 6.42 |
| EV/EBITDA | 19.45 |
| Quarterly Earnings Growth (YoY) | 77.80% |
| Quarterly Revenue Growth (YoY) | 29.00% |
| Shares Outstanding | $185.15M |
| Float | $56.22M |
| % Insiders | 83.39% |
| % Institutions | 18.94% |
Volatility is currently contracting