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Grindr Inc. (GRND)

NYSE Technology Software - Application
$15.38 ▲ +3.01%
Market Cap
$2.73B
Sector
Technology
Industry
Software - Application
Beta
0.19
52-Wk Range
9.732-18.5
CEO
George Arison
Country
US
Currency
USD

Grindr Inc. operates in the Software - Application industry of the Technology sector, headquartered in West Hollywood, CA, US. The stock last traded at $15.38, up 3.01% on the session, giving a market capitalisation of $2.73B. On trailing twelve-month figures it carries a trailing P/E of 29.58, a net margin of 18.7%. Its beta of 0.19 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
29.58
Price / Sales
5.36
Price / Book
-231.60
EV / EBITDA
22.44
Gross margin
74.7%
Operating margin
29.8%
Net margin
18.7%
Return on equity
Debt / equity
-33.19
Current ratio
1.10
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
New York Stock Exchange
Employees
172
IPO date
2021-01-14
Headquarters
West Hollywood, CA, US
About Grindr Inc.

Grindr Inc. runs an online social networking platform specifically designed for the LGBTQ demographic. Through this digital space, gay, bisexual, transgender, and queer individuals can interact, exchange experiences and media, and freely express their identities. The service is accessible both as a free, advertisement-supported offering and through a premium, subscriber-based membership. Founded in 2009, the company maintains its operations from West Hollywood, California.

Comparable companies

Grindr Inc. is most often compared with the following Technology names:

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