Grindr Inc Stock Today

GRND Stock   15.16  0.07  0.46%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 25

 
High
 
Low
Low
Grindr is trading at 15.16 as of the 2nd of December 2024, a 0.46 percent increase since the beginning of the trading day. The stock's lowest day price was 15.04. Grindr has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Grindr Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of December 2022 and ending today, the 2nd of December 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
14th of January 2021
Category
Technology
Classification
Information Technology
Grindr is entity of United States. It is traded as Stock on NYSE exchange. The company has 176.61 M outstanding shares of which 5.13 M shares are currently shorted by private and institutional investors with about 9.46 trading days to cover. More on Grindr Inc

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Grindr Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationApplication Software, Software - Application, Information Technology, NYSE Composite, Information Technology, Software, Software-Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.310.5841
Way Down
Slightly volatile
Gross Profit Margin0.580.7402
Significantly Down
Slightly volatile
Net Debt260.5 M316.6 M
Significantly Down
Slightly volatile
Total Current Liabilities46.8 M60.6 M
Significantly Down
Slightly volatile
Non Current Liabilities Total301.9 M402.2 M
Way Down
Slightly volatile
Total Assets367.4 M444.6 M
Significantly Down
Slightly volatile
Total Current Assets59.7 M71.8 M
Significantly Down
Pretty Stable
Debt Levels
Grindr can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Grindr's financial leverage. It provides some insight into what part of Grindr's total assets is financed by creditors.
Liquidity
Grindr Inc currently holds 344.25 M in liabilities. Note, when we think about Grindr's use of debt, we should always consider it together with its cash and equity.

Investments

(5.57 Million)
Grindr Inc (GRND) is traded on New York Stock Exchange in USA. It is located in 750 North San Vicente Boulevard, West Hollywood, CA, United States, 90069 and employs 144 people. Grindr is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.67 B. Grindr Inc conducts business under Software sector and is part of Information Technology industry. The entity has 176.61 M outstanding shares of which 5.13 M shares are currently shorted by private and institutional investors with about 9.46 trading days to cover. Grindr generates positive cash flow from operations, but has no cash available
Check Grindr Probability Of Bankruptcy
Ownership Allocation
Grindr Inc has a total of 176.61 Million outstanding shares. Grindr retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 84.58 (percent) of Grindr outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Grindr Ownership Details

Grindr Stock Institutional Holders

InstituionRecorded OnShares
Skye Global Management Lp2024-09-30
592 K
Nuveen Asset Management, Llc2024-09-30
578.8 K
Goldman Sachs Group Inc2024-09-30
531.6 K
Geode Capital Management, Llc2024-09-30
514.5 K
Cubist Systematic Strategies, Llc2024-09-30
454.1 K
Federated Hermes Inc2024-09-30
430.3 K
Squarepoint Ops Llc2024-09-30
374.9 K
Numerai Gp Llc2024-09-30
347.5 K
Renaissance Technologies Corp2024-09-30
344.4 K
Blackrock Inc2024-06-30
1.7 M
Vanguard Group Inc2024-09-30
1.5 M
View Grindr Diagnostics

Grindr Historical Income Statement

At present, Grindr's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 38.8 M, whereas Net Interest Income is projected to grow to (53.4 M). View More Fundamentals

Grindr Stock Against Markets

Grindr Corporate Management

Vandana MehtaKrantzChief OfficerProfile
Kye ChenChief OfficerProfile
Tristan PineiroSenior CommunicationsProfile
Tolu AdeofeHead RelationsProfile
Daniel WeinsteinChief OfficerProfile
Austin BalanceChief OfficerProfile
Zachary KatzGeneral AffairsProfile
When determining whether Grindr Inc is a strong investment it is important to analyze Grindr's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grindr's future performance. For an informed investment choice regarding Grindr Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grindr Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grindr. If investors know Grindr will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grindr listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Earnings Share
(0.30)
Revenue Per Share
1.819
Quarterly Revenue Growth
0.271
Return On Assets
0.1273
The market value of Grindr Inc is measured differently than its book value, which is the value of Grindr that is recorded on the company's balance sheet. Investors also form their own opinion of Grindr's value that differs from its market value or its book value, called intrinsic value, which is Grindr's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grindr's market value can be influenced by many factors that don't directly affect Grindr's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grindr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grindr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grindr's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.