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Grindr Inc   (GRND)
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Price: $8.0900 $-0.19 -2.295%
Day's High: $8.38 Week Perf: -4.82 %
Day's Low: $ 8.01 30 Day Perf: -6.8 %
Volume (M): 463 52 Wk High: $ 9.12
Volume (M$): $ 3,748 52 Wk Avg: $6.57
Open: $8.30 52 Wk Low: $4.49



 Market Capitalization (Millions $) 1,409
 Shares Outstanding (Millions) 174
 Employees -
 Revenues (TTM) (Millions $) 188
 Net Income (TTM) (Millions $) -11
 Cash Flow (TTM) (Millions $) 14
 Capital Exp. (TTM) (Millions $) 9

Grindr Inc
Grindr Inc is a social networking and online dating application primarily aimed at gay, bisexual, and transgender individuals. It was launched in 2009 and has since become one of the most popular dating apps in the LGBTQ+ community. Grindr facilitates location-based matches and allows users to chat and meet up with others nearby. The app has faced criticism for issues regarding privacy and security, but it remains a widely used platform for gay men to connect with each other.


   Company Address: PO Box 69176 West Hollywood 90069 CA
   Company Phone Number: 776-6680   Stock Exchange / Ticker: NYSE GRND
   GRND is expected to report next financial results on March 07, 2024.


   

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Financing Agreement

Grindr Secures New $350 Million Credit Facility, Bolsters Financial Strength in Record-breaking Performance

Published Wed, Nov 29 2023 1:30 PM UTC



In a recent press release, Grindr Inc., the world's largest social network for the LGBTQ community, announced the successful completion of a refinancing deal worth $350 million. Spearheaded by joint lead arrangers J.P. Morgan, Bank of America, Citizens Bank, and Silicon Valley Bank, with participation from Capital One, this transaction marks a significant milestone...

Contract

Grindr Pioneer in Bringing HIV Self-Test Kits to Europe, Revolutionizing LGBTQ+ Healthcare

Published Mon, Nov 20 2023 9:02 AM UTC

Grindr Expands HIV Self-Testing Programs to Europe, Connecting LGBTQ+ Community with At-Home Kits
In a groundbreaking move, Grindr Inc. has introduced its partnerships with Equality Movement and MPOWER to provide Grindr users in Georgia and Ireland with free at-home HIV self-test kits. With this initiative, Grindr has become the first social network for the LGBTQ+ commun...

Grindr Inc

Grindr Inc Defies Expectations with Mind-Blowing $70.258 Million Revenue in Q3 2023

In an exciting development for the stock market, Grindr Inc has recently disclosed its impressive financial results for the fiscal third quarter of 2023. The company reported a staggering $70.258 million in revenue, showcasing a significant growth trajectory. This substantial increase in revenue is even more impressive when compared to the same quarter a year ago, where Grindr Inc reported a net deficit of $-9.184 million. This year, however, the company managed to surpass expectations, with a net deficit of only $-0.437 million.
Grindr Inc, the world's largest social network for the LGBTQ community, has reason to celebrate this astounding performance. The company's CEO, George Arison, expressed his satisfaction by highlighting the growing engagement with their new paid offerings, which contributed to another strong quarter. With increasing numbers of users taking advantage of these offerings, Grindr Inc can expect to see continued growth in the future.

Grindr Inc

Grindr Inc Surges Ahead with a Whopping $14.05 Million Tax Refund, Boosting Earnings to New Heights

Grindr Inc, an Internet Services & Social Media company, has reported impressive financial results for the fiscal interval closing on June 30, 2023. The company disclosed a revenue of $61.538 million, marking a significant increase compared to the previous year. This positive performance can be attributed to a number of factors, including a substantial income tax refund of $14.05 million.
In terms of earnings, Grindr Inc achieved a remarkable improvement, with earnings totaling $22.331 million in the same fiscal interval. This stands in stark contrast to a net deficit of $-7.518 million reported in the corresponding reporting season a year ago. The significant increase in earnings showcases the company's ability to generate profits and enhance its financial position.

Grindr Inc

Grindr Inc Records Stellar Revenue of $55.809 Million in Q1 2023, Despite Ongoing Controversies and Executive Shake-ups

Grindr Inc is a popular social networking and online dating application that caters to the LGBTQ+ community. Launched in 2009, the app has over 27 million registered users spread across over 190 countries.
Despite being one of the top players in the market, Grindr has been plagued by various controversies, including data privacy concerns and allegations of enabling racism and transphobia on its platform. In recent years, the company has undergone significant executive turnover, with several CEOs stepping down or being ousted.






 

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