Grindr Inc. logo GRND - Grindr Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 6
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $16.00 DETAILS
HIGH: $18.00
LOW: $14.00
MEDIAN: $16.00
CONSENSUS: $16.00
UPSIDE: 23.55%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Revenue
Revenue 129.9 126.0 115.8 104.2 93.9 97.6 89.3 82.3 75.3 72.1 70.3 61.5 55.8 54.5 50.4 46.6 43.5 45.0 38.2 34.8 27.8
Cost of Revenue 32.6 32.7 28.9 27.4 24.5 24.0 22.9 21.0 19.6 18.3 18.2 16.1 14.8 14.5 13.0 12.1 11.7 11.6 9.6 8.6 7.5
Gross Profit 97.3 93.2 86.8 76.8 69.4 73.6 66.4 61.3 55.7 53.8 52.0 45.4 41.0 40.0 37.4 34.5 31.8 33.4 28.6 26.2 20.3
Operating Expenses
R&D Expenses 15.9 14.6 11.1 12.9 10.3 14.1 8.8 7.8 5.7 8.2 13.3 6.2 5.5 7.5 4.2 4.2 3.6 3.8 2.8 2.2 2.4
SG&A Expenses 37.7 47.3 29.3 36.5 30.2 37.2 25.0 24.8 26.6 25.6 16.4 17.2 18.9 13.1 20.3 23.2 10.4 3.1 0 6.5 0
Other Expenses 1.0 0 1.3 3.1 3.5 1.9 4.2 4.2 4.1 3.7 5.8 8.1 8.0 17.0 9.1 9.1 9.0 16.2 19.0 10.7 18.0
Operating Expenses 54.6 61.9 41.6 52.5 44.0 53.2 38.0 36.8 36.5 37.4 35.4 31.5 32.4 37.6 33.6 36.5 23.1 23.0 21.9 19.5 20.4
Operating Income
Operating Income 43.0 31.3 45.2 24.3 25.4 20.4 28.4 24.6 19.3 16.4 16.6 13.9 8.6 2.4 3.9 (2.0) 8.8 10.4 6.7 6.7 (0.1)
Interest Expense (6.6) 5.5 4.7 3.6 3.9 5.4 6.4 6.7 7.2 10.3 12.0 12.9 10.8 20.5 4.8 3.3 3.0 3.8 0 4.5 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0
Profitability
EBITDA 44.0 32.4 45.8 27.9 38.9 22.4 40.9 (6.6) 4.6 30.7 18.6 29.3 1.6 20.1 12.7 7.0 17.7 26.8 17.5 17.5 11.0
EBIT 43.0 31.4 44.6 24.9 35.4 21.6 36.7 (10.8) 0.5 29.4 12.8 21.2 (6.6) 11.3 3.6 (2.0) 8.7 16.5 6.7 6.7 (0.1)
Income Before Tax 35.9 25.8 39.9 21.3 31.6 (124.4) 30.3 (17.5) (6.7) (43.5) 0.8 8.3 (17.4) 0.7 (1.2) (5.3) 5.8 7.9 2.4 2.3 (6.3)
Income Tax Expense 9.2 5.6 9.1 4.7 4.6 (0.5) 5.6 5.0 2.7 1.3 1.3 (14.1) 15.5 (4.6) 3.5 (1) 1.3 1.4 0.5 0.5 (1.1)
Net Income 26.8 20.3 30.8 16.6 27.0 (123.9) 24.7 (22.4) (9.4) (44.8) (0.4) 22.3 (32.9) 5.3 (4.7) (4.3) 4.5 6.5 1.9 1.8 (5.1)
Per Share Data
EPS (Basic) 0.15 0.11 0.16 0.08 0.14 -0.70 0.14 -0.13 -0.05 -0.26 -0.00 0.13 -0.19 0.03 -0.03 -0.03 0.03 0.01 0.34 0.05 0.16
EPS (Diluted) 0.14 0.11 0.16 0.08 0.09 -0.70 0.14 -0.13 -0.05 -0.26 -0.00 0.13 -0.19 0.03 -0.03 -0.03 0.03 0.01 0.34 0.05 0.16
Shares Outstanding 183.3 184.7 189.7 196.0 189.8 175.9 176.0 175.7 175.5 175.0 174.1 173.9 173.6 173.5 173.5 152.9 152.9 34.5 34.5 34.5 34.5
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Current Assets
Cash & Cash Equivalents 23.8 87.0 6.3 120.8 255.9 59.2 39.1 16.3 21.5 27.6 29.9 22.1 33.8 8.7 27.2 25.5 27.8 15.8 0.3 0.8 1.0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 70.2 67.9 58.8 57.1 53.2 50.2 44.0 40.5 35.7 35.4 32.3 30.8 28.5 22.4 18.4 16.0 17.1 21.2 0 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 9.7 0 0 0 0 0 0 0 0 0 0
Other Current Assets 10.5 1.3 12.2 5.0 4.4 4.9 9.6 5.7 4.3 4.5 (5.7) 4.1 4.0 4.4 11.8 11.1 6.5 4.6 0 0 0
Total Current Assets 104.5 161.4 77.3 189.3 319.7 117.0 92.7 68.0 68.4 71.8 72.1 63.0 74.4 43.2 61.8 56.1 55.3 43.9 0.5 1.0 1.3
Non-Current Assets
Property, Plant & Equipment 4.9 5.9 4.7 5.5 4.6 4.7 4.6 5.0 4.6 4.9 5.2 5.7 6.1 6.6 2.1 2.2 2.3 2.4 0 0 0
Goodwill 275.7 0 275.7 275.7 275.7 275.7 275.7 275.7 275.7 275.7 275.7 275.7 275.7 275.7 258.6 258.6 258.6 258.6 0 0 0
Intangible Assets 65.8 354.5 65.8 73.9 76.3 78.6 73.0 84.6 87.3 89.8 94.3 98.8 105.7 111.9 120.3 127.6 135.5 143.3 0 0 0
Long-Term Investments 0 0.6 0 0 0.6 0 0.6 0 0 0 1.4 0 1.4 0 0 0 0 0 281.6 281.6 278.8
Other Non-Current Assets 20.0 8.6 14.4 1.9 1.3 1.8 9.8 1.8 1.7 2.4 1.6 1.5 1.5 1.5 2.2 1.5 1.5 1.5 0 0 0
Total Non-Current Assets 366.4 369.7 361.9 358.3 359.7 362.1 363.7 367.1 369.3 372.8 376.8 381.7 389.0 395.6 383.2 390.0 397.9 405.8 281.6 281.6 278.8
Total Assets 470.9 531.0 439.2 547.6 679.4 479.1 456.3 435.0 437.7 444.6 448.9 444.7 463.4 438.8 445.0 446.1 453.2 449.7 282.1 282.6 280.1
Current Liabilities
Account Payables 4.2 1.7 4.1 1.8 2.2 3.3 2.1 2.5 3.5 3.5 1.4 3.3 6.0 5.4 1.9 4.2 2.8 2.4 0 0 0
Short-Term Debt 20 20 15 15 15 15 15 15 15 15 24.3 22.4 23.1 22.2 5.0 5.0 3.8 3.8 0 0 0
Deferred Revenue 24.5 24.3 23.5 21.8 20.8 20.0 19.9 19.3 19.1 19.2 19.1 18.6 17.8 18.6 0 0 0 20.1 0 0 0
Other Current Liabilities 30.7 39.0 51.3 5.0 4.0 13.4 8.5 6.1 2.9 7.3 4.6 3.1 10.9 0.8 22.2 24.5 21.7 0.3 0.7 0.5 0.1
Total Current Liabilities 79.4 84.9 93.9 76.4 75.8 67.8 63.3 59.9 63.0 60.6 67.1 65.8 84.5 61.9 36.1 39.6 30.6 29.9 0.7 0.5 0.1
Non-Current Liabilities
Long-Term Debt 0 378.4 0 268.5 272.0 275.6 279.1 282.7 300.0 325.6 319.0 320.6 337.0 338.5 189.7 190.6 132.5 133.3 0 0 0
Deferred Tax Liabilities 1.4 1.4 0 0 0 0 3.4 3.8 4.6 4.7 5.5 7.6 10.3 12.5 0 0 0 20.9 0 0 0
Other Non-Current Liabilities 389.3 16.7 274.3 14.1 11.1 266.3 122.8 128.9 90.3 69.7 30.6 26.9 33.8 18.3 17.5 18.5 22.1 2.4 24.5 37.0 40.3
Total Non-Current Liabilities 390.6 399.1 274.3 283.5 283.8 542.9 406.4 416.9 396.7 402.2 357.7 358.1 384.5 372.9 207.1 209.1 154.7 156.6 34.1 46.6 49.9
Total Liabilities 470.1 484.0 368.2 359.9 359.6 610.7 469.7 476.8 459.8 462.9 424.8 423.9 469 434.8 243.3 248.8 185.2 186.5 34.8 47.1 50.0
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 281.5 0.0 0.0
Retained Earnings (70.3) (97.1) (117.3) (148.2) (164.8) (191.8) (68.0) (92.6) (70.2) (60.8) (16.0) (15.6) (37.9) (5.0) (10.2) (5.6) (1.3) (5.9) (34.2) (9.9) (15.3)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 256.3
Total Stockholders' Equity 0.8 47.0 71.0 187.7 319.8 (131.6) (13.4) (41.7) (22.0) (18.3) 24.1 20.8 (5.6) 4.1 201.7 197.3 268.0 263.2 247.3 235.5 230.0
Total Liabilities & Equity 470.9 531.0 439.2 547.6 679.4 479.1 456.3 435.0 437.7 444.6 448.9 444.7 463.4 438.8 445.0 446.1 453.2 449.7 282.1 282.6 280.1
Debt Metrics
Total Debt 20 401.0 15 287.6 290.3 293.9 297.4 301.5 318.4 344.2 347.3 347.1 364.5 365.3 194.7 195.7 136.4 137.1 0 0 0
Net Debt (3.8) 314.0 8.7 166.8 34.4 234.8 258.3 285.1 296.8 316.6 317.4 325.0 330.7 356.6 167.5 170.1 108.6 121.3 (0.3) (0.8) (1.0)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Operating Activities
Net Income 26.8 20.3 30.8 16.6 27.0 (123.9) 24.7 (22.4) (9.4) (44.8) (0.4) 22.3 (32.9) 5.3 (4.7) (4.3) 4.5 6.5 1.9 1.8 5.6
Depreciation & Amortization 1.0 1.1 1.3 3.3 3.5 4.3 4.2 4.2 4.1 5.2 6.1 8.4 8.0 10.3 9.1 9.3 9.0 10.6 11.0 11.0 0
Stock-Based Compensation 0 0 6.0 16.5 10.9 14.6 7.1 7.7 7.9 5.2 0 0 3.3 5.1 9.7 0 0.7 0.7 0.7 0.6 0
Change in Working Capital (10.3) (21.5) 16.4 (0.3) (8.7) (0.6) 1.0 (8.3) (1.0) (2.1) (2.0) (19.5) 16.3 7.5 (4.1) (2.5) 1.2 (1.9) 0.0 (3.0) 0.1
Other Non-Cash Items 16.1 21.1 0.9 1.4 (9.0) 139.7 (7.4) 35.4 18.9 50.1 6.9 (2.3) 16.0 (6.7) (0.0) 12.4 (0.2) (0.3) 1.7 (0.8) (5.8)
Operating Cash Flow 33.5 23.5 55.4 37.5 23.8 29.5 29.1 15.8 20.4 13.0 8.2 6.2 8.5 13.8 9.0 13.6 14.0 15.6 15.3 9.6 (0.1)
Investing Activities
Capital Expenditure (0.0) (0.2) (4.2) (0.2) (0.6) (1.3) (1.2) (1.7) (1.1) (0.7) (0.1) (0.1) (1.5) (1.8) (1.6) (0.1) (1.1) (0.1) (0.0) (0.1) 0
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 0 (4.0) (0.7) (0.5) (1.0) (0.9) (1.5) 0 0 0 0 (1.5) (1.7) (0.0) 0 (1.0) (1.3) (1.0) (0.9) 0
Investing Cash Flow (1.6) (2.9) (4.2) (0.9) (0.6) (1.3) (1.2) (1.7) (1.1) (0.7) (0.9) (1.1) (1.5) (1.8) (1.6) (1.0) (1.1) (1.5) (1.0) (0.9) 0
Financing Activities
Net Debt Issuance (5.0) 115.8 (21.5) (3.8) 310.3 1.8 (9.3) (17.6) (25.8) (4.4) (0.0) (17.6) 18.3 167.8 (1.3) 58.5 (1.0) (53.8) (1.0) (1.0) 0
Stock Repurchased 0 5.6 (159.8) (168.7) (132.0) 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 (116.8) (4.5) (74.3) 0 0 0 0 0
Other Financing Activities (90.2) (56.3) 15.6 0.8 (4.8) (12.1) 4.2 (1.8) (1.3) (10.8) 0.0 0.0 (0.2) (81.5) 0.1 0 0.1 0.8 0.6 0 0
Financing Cash Flow (95.1) 61.4 (165.7) (171.7) 173.6 (8.2) (5.1) (19.4) (26.1) (14.6) 0.4 (16.9) 18.1 (30.5) (5.7) (14.9) (0.8) (53.0) (0.4) (1.0) (0.0)
Cash Position
Net Change in Cash (63.2) 80.7 (114.5) (135.0) 196.7 20.0 22.8 (5.2) (6.1) (2.3) 7.9 (11.7) 25.1 (18.5) 1.7 (0.0) 12.0 (38.9) 13.9 7.8 (0.1)
Cash at Beginning 87.0 6.3 121.4 256.5 59.8 39.7 16.9 22.2 27.6 29.9 22.1 33.8 10.1 28.6 26.9 0.2 17.2 56.0 42.2 34.4 1.1
Cash at End 23.8 87.0 6.9 121.4 256.5 59.8 39.7 16.9 21.5 27.6 29.9 22.1 35.2 10.1 28.6 0.2 29.2 17.2 56.0 42.2 1.0
Free Cash Flow 33.4 23.3 51.2 37.3 23.2 28.3 27.9 14.2 19.3 12.2 8.1 6.2 7.0 12.0 7.4 13.5 12.8 15.5 15.2 9.6 (0.1)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Income Statement
Revenue 129.9 126.0 115.8 104.2 93.9 97.6 89.3 82.3 75.3 72.1 70.3 61.5 55.8 54.5 50.4 46.6 43.5 45.0 38.2 34.8 27.8
Gross Profit 97.3 93.2 86.8 76.8 69.4 73.6 66.4 61.3 55.7 53.8 52.0 45.4 41.0 40.0 37.4 34.5 31.8 33.4 28.6 26.2 20.3
Operating Income 43.0 31.3 45.2 24.3 25.4 20.4 28.4 24.6 19.3 16.4 16.6 13.9 8.6 2.4 3.9 (2.0) 8.8 10.4 6.7 6.7 (0.1)
Net Income 26.8 20.3 30.8 16.6 27.0 (123.9) 24.7 (22.4) (9.4) (44.8) (0.4) 22.3 (32.9) 5.3 (4.7) (4.3) 4.5 6.5 1.9 1.8 (5.1)
EPS (Diluted) 0.14 0.11 0.16 0.08 0.09 -0.70 0.14 -0.13 -0.05 -0.26 -0.00 0.13 -0.19 0.03 -0.03 -0.03 0.03 0.01 0.34 0.05 0.16
Balance Sheet
Cash & Equivalents 23.8 87.0 6.3 120.8 255.9 59.2 39.1 16.3 21.5 27.6 29.9 22.1 33.8 8.7 27.2 25.5 27.8 15.8 0.3 0.8 1.0
Total Assets 470.9 531.0 439.2 547.6 679.4 479.1 456.3 435.0 437.7 444.6 448.9 444.7 463.4 438.8 445.0 446.1 453.2 449.7 282.1 282.6 280.1
Total Debt 20 401.0 15 287.6 290.3 293.9 297.4 301.5 318.4 344.2 347.3 347.1 364.5 365.3 194.7 195.7 136.4 137.1 0 0 0
Stockholders' Equity 0.8 47.0 71.0 187.7 319.8 (131.6) (13.4) (41.7) (22.0) (18.3) 24.1 20.8 (5.6) 4.1 201.7 197.3 268.0 263.2 247.3 235.5 230.0
Cash Flow
Operating Cash Flow 33.5 23.5 55.4 37.5 23.8 29.5 29.1 15.8 20.4 13.0 8.2 6.2 8.5 13.8 9.0 13.6 14.0 15.6 15.3 9.6 (0.1)
Capital Expenditure (0.0) (0.2) (4.2) (0.2) (0.6) (1.3) (1.2) (1.7) (1.1) (0.7) (0.1) (0.1) (1.5) (1.8) (1.6) (0.1) (1.1) (0.1) (0.0) (0.1) 0
Free Cash Flow 33.4 23.3 51.2 37.3 23.2 28.3 27.9 14.2 19.3 12.2 8.1 6.2 7.0 12.0 7.4 13.5 12.8 15.5 15.2 9.6 (0.1)