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Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. It operates Grindr platform, a social networking platform serving and addressing the needs of gay, bisexual, and sexually explorative adults worldwide. It also offers Grindr as the Global Gayborhood in Your Pocket brand. In addition, the company provides ad-supported service and a premium subscription version. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California.
Analyst Optimism | Discover why analysts set price targets ranging from $21 to $27, reflecting confidence in Grindr's innovative product roadmap and monetization potential |
Global Expansion Strategy | Delve into Grindr's ambitious international growth plans, targeting the 90% of LGBTQ+ population outside the US |
User Engagement Dilemma | Explore the paradox of Grindr's high user engagement rates versus recent challenges in user acquisition and growth |
Financial Prowess | Grindr's impressive 28.4% revenue growth and projected profitability in 2025 showcase its strong financial performance and market position |
Metrics to compare | GRND | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipGRNDPeersSector | |
|---|---|---|---|---|
P/E Ratio | −42.4x | −0.9x | 6.0x | |
PEG Ratio | 13.69 | −0.02 | 0.01 | |
Price / Book | 29.5x | 1.2x | 1.8x | |
Price / LTM Sales | 5.1x | 0.6x | 1.4x | |
Upside (Analyst Target) | 77.0% | 52.2% | 29.5% | |
Fair Value Upside | Unlock | 48.4% | 15.5% | Unlock |