|
Price: $18.0800
$1.35 
8.069%
|
| Day's High:
| $18.35
| Week Perf:
| 5.92 %
|
| Day's Low: |
$ 17.74 |
30 Day Perf: |
4.45 % |
| Volume (M): |
3,005 |
52 Wk High: |
$ 18.43 |
| Volume (M$): |
$ 54,325 |
52 Wk Avg: |
$11.91 |
| Open: |
$17.90 |
52 Wk Low: |
$7.93 |
|
|
| Market Capitalization (Millions $) |
3,254 |
| Shares
Outstanding (Millions) |
180 |
| Employees |
200 |
| Revenues (TTM) (Millions $) |
319 |
| Net Income (TTM) (Millions $) |
-52 |
| Cash Flow (TTM) (Millions $) |
8 |
| Capital Exp. (TTM) (Millions $) |
5 |
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
|
|
|
|
|
|
|
| Stock Performances by Major Competitors |
|
|
|
| Business Update
Published Fri, Jan 24 2025 1:01 PM UTC
Grindr Inc. Signals Positive Future by Exceeding Revenue Expectations and Redeeming Warrants Grindr Inc., the company behind the popular LGBTQ+ social networking app, recently announced a promising financial outlook for investors by stating that it expects to surpass its 2024 revenue projections. This optimistic forecast stands amidst a proactive move by the company to strea...
|
| Business Update
Published Thu, Jul 11 2024 2:56 PM UTC
In a strategic move to further solidify its position as the premier social networking app for the LGBTQ+ community, Grindr Inc. (NYSE: GRND) has announced two significant initiatives poised to impact both its user base and its operational prowess. The first initiative, led by Grindr for Equality Grindr s social impact branch unveils in-app access to sexual health and safety ...
|
| Business Update
Published Wed, Jun 26 2024 3:54 PM UTC
Grindr?s First Investor Day: Building the Future of LGBTQ+ Social Networking In an increasingly digital and connected world, Grindr Inc. (NYSE: GRND) stands out as a unique and pivotal player. This week in New York, Grindr hosted its inaugural investor day as a public company, showcasing its plans to bolster its mission to build the ?Global Gayborhood in Your Pocket.? This e...
|
| Business Update
Published Thu, May 16 2024 6:15 PM UTC
Grindr Opens New Chicago Hub to Propel Innovation and Global LGBTQ+ Community ConnectivityIn an exciting development for the LGBTQ+ community and the tech industry alike, Grindr Inc. (NYSE: GRND), the world s largest social networking app for gay, bisexual, transgender, and queer individuals, has announced the opening of a new office in Chicago. This strategic move undersco...
|
| Grindr Inc
/>Grindr Inc., the leading LGBTQ+ social connector, recently released their financial results for the first fiscal quarter ending March 31, 2024, and showcased an impressive performance with significant improvements across key metrics. With a revenue growth of 35% year-over-year and a surge in operating earnings, Grindr has established itself as a prominent player in the stock market. Alongside their financial success, the company has also taken a groundbreaking step towards advancing public health in the LGBTQ+ community by partnering with Burnett Foundation Aotearoa to provide free HIV self-test kits to Grindr users in New Zealand.
Financial Highlights:
In terms of financial performance, Grindr Inc. demonstrated substantial progress compared to the previous year. The company reported a decrease in loss per share to $-0.05, compared to $-0.19 in the same quarter last year. Income per share improved from $-0.14 in the previous quarter, reflecting a positive trend. Revenue witnessed a significant jump of 35.005% to $75.35 million, compared to $55.81 million in the same quarter a year earlier. Sequentially, revenue also surged by 4.521% from $72.09 million. Furthermore, Grindr Inc. reported a net shortfall of $-9.406 million, a significant reduction from the $-32.899 million in the same period last year. Operating earnings also experienced a remarkable increase of 124.14% to $19.256 million.
|
| Per Share |
Current |
| Earnings (TTM) |
-0.23 $ |
| Revenues (TTM) |
1.77 $
|
| Cash Flow (TTM) |
0.05 $ |
| Cash |
0.22 $
|
| Book Value |
-
|
| Dividend (TTM) |
0 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
-0.23 $
|
| Revenues (TTM) |
1.77 $ |
| Cash Flow (TTM) |
0.05 $ |
| Cash |
0.22 $
|
| Book Value |
- |
| Dividend (TTM) |
0 $ |
|
|
| |
| North America |
|
 59.71 % |
of total Revenue |
| Europe |
|
25.48 % |
of total Revenue |
| Rest of the world |
|
14.8 % |
of total Revenue |
| Direct revenue |
|
86.1 % |
of total Revenue |
| Indirect revenue |
|
13.9 % |
of total Revenue |
| |
On March 7 2024 the Grindr Inc provided following guidance
owth in revenue, up 33% year-over-year for fiscal year 2023. This remarkable performance demonstrates the strength of our platform and the continued demand for our services within the LGBTQ community.
Looking ahead, Grindr Inc. is well-positioned for continued growth and success in the coming years. We remain committed to providing a safe and inclusive environment for our users while also driving innovation and expanding our reach in the global LGBTQ market. With a strong foundation in place, we are confident in our ability to deliver long-term value to our shareholders.
In conclusion, Grindr Inc. is proud of our achievements in fiscal year 2023 and excited about the opportunities that lie ahea...
|
|
|
