Tearsheet

Grindr (GRND)

Market Price (11/8/2025): $15.04 | Market Cap: $2.9 Bil
Sector: Information Technology | Industry: Application Software

Grindr (GRND)

Market Price (11/8/2025): $15.04
Market Cap: $2.9 Bil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 29%	Weak multi-year price returns 3Y Excs Rtn is -35%	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.9%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 28%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 36%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%
3	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%
4	Low stock price volatility Vol 12M is 50%

0	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 29%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 28%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 36%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%
3	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%
4	Low stock price volatility Vol 12M is 50%
5	Weak multi-year price returns 3Y Excs Rtn is -35%
6	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.9%

Market Valuation & Key Metrics

	11/8/25	2024	2023	2022	2021
Share Price CYE	$15.04	$17.84	$8.78	$4.65	$10.13
Market Cap CYE ($ Bil)	2.9	3.2	1.5	0.8	1.8
Total Debt ($ Bil)	0.3	0.3	0.3	0.4	0.1
Total Cash ($ Bil)	0.0	0.1	0.0	0.0	0.0
Enterprise Value ($ Bil)	3.1	3.5	1.8	1.2	1.9
Valuation Ratios
P/S TTM	6.9	9.1	5.9	3.8	12.1
P/EBIT TTM	-201.9	-33.9	-266.5	23.3	70.3
P/E TTM	-57.8	-23.9	-27.4	861.7	347.2
Sector Ratios
P/S TTM (Sector)	3.1	3.1	2.8	2.5	4.7
P/EBIT TTM (Sector)	2.6	-0.0	-0.1	-0.5	1.7
P/E TTM (Sector)	-0.3	-0.3	-0.4	-0.6	0.1

	11/8/25	2024	2023
Share Price CYE	$15.04	$17.84	$8.78
Market Cap CYE ($ Bil)	2.9	3.2	1.5
Total Debt ($ Bil)	0.3	0.3	0.3
Total Cash ($ Bil)	0.0	0.1	0.0
Enterprise Value ($ Bil)	3.1	3.5	1.8
Valuation Ratios
P/S TTM	6.9	9.1	5.9
P/EBIT TTM	-201.9	-33.9	-266.5
P/E TTM	-57.8	-23.9	-27.4
Sector Ratios
P/S TTM (Sector)	3.1	3.1	2.8
P/EBIT TTM (Sector)	1.0	-0.0	-0.1
P/E TTM (Sector)	-0.2	-0.3	-0.4

	GRND	S&P 500
REVENUE GROWTH	VERY GOOD
Rev LTM ($ Bil)	0.4
Rev Chg Q	29.6%	7.2%
Rev Chg LTM	29.0%	6.0%
Rev Chg 3Y Avg	33.0%	5.5%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	0.1
CFO LTM ($ Bil)	0.1
Net Inc LTM ($ Bil)	-0.0
Op Mgn LTM	28.0%	18.8%
CFO/Rev LTM	35.5%	20.5%
Net Inc Mgn	-12.0%	13.0%
VALUATION	MODERATE
P/S	6.9	3.2
P/CFO	19.5	15.2
P/FCF	20.5	20.0
P/E	-57.8	23.6
STABILITY	GOOD
Debt/Equity	0.10	0.21
Cash/Assets	0.01	0.07

AI Generated Analysis | Feedback

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GRND Stock

Return (1M):

Factor Drivers of Stock Movement

The -3.8% change in GRND stock from 8/8/2025 to 11/7/2025 was primarily driven by a -12.9% change in the company's P/S Multiple.

	8082025	11072025	Change
Stock Price ($)	15.69	15.09	-3.82%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	385.10	411.55	6.87%
P/S Multiple	7.98	6.96	-12.88%
Shares Outstanding (Mil)	195.97	189.71	3.19%
Cumulative Contribution			-3.92%

LTM = Last Twelve Months as of date shown

The -37.1% change in GRND stock from 5/9/2025 to 11/7/2025 was primarily driven by a -44.5% change in the company's P/S Multiple.

	5092025	11072025	Change
Stock Price ($)	24.00	15.09	-37.12%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	363.23	411.55	13.30%
P/S Multiple	12.54	6.96	-44.52%
Shares Outstanding (Mil)	189.77	189.71	0.03%
Cumulative Contribution			-37.13%

LTM = Last Twelve Months as of date shown

The 2.2% change in GRND stock from 11/7/2024 to 11/7/2025 was primarily driven by a 37.2% change in the company's Total Revenues ($ Mil).

	11072024	11072025	Change
Stock Price ($)	14.77	15.09	2.17%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	300.03	411.55	37.17%
P/S Multiple	8.65	6.96	-19.56%
Shares Outstanding (Mil)	175.68	189.71	-7.99%
Cumulative Contribution			1.51%

LTM = Last Twelve Months as of date shown

The 44.0% change in GRND stock from 11/8/2022 to 11/7/2025 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).

	11082022	11072025	Change
Stock Price ($)	10.48	15.09	43.99%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	�	411.55	�
P/S Multiple	�	6.96	�
Shares Outstanding (Mil)	173.52	189.71	-9.33%
Cumulative Contribution			�

LTM = Last Twelve Months as of date shown

Why The Stock Moved

AI Generated Analysis | Feedback

Here are the key points for the movement of Grindr (GRND) stock by -13.7% for the approximate time period from July 31, 2025, to November 8, 2025: 1. Grindr's Q2 2025 Earnings Missed Analyst EPS Estimates.

On August 7, 2025, Grindr reported its second-quarter 2025 financial results, where its earnings per share (EPS) of $0.08 fell short of analysts' consensus estimates of $0.10. This EPS miss reportedly led to a 12.3% drop in Grindr's share price the day following the announcement. 2. Multiple Analyst Firms Lowered Price Targets.

During this period, several analyst firms adjusted their outlooks on Grindr, reducing their price targets for the stock. For instance, JMP Securities lowered its target from $27.00 to $23.00 on August 11, 2025, and Raymond James Financial cut its target from $26.00 to $20.00 on August 8, 2025. Additionally, Goldman Sachs reduced its price target from $22.00 to $20.00 on November 7, 2025. 3. "Going Private" Proposal Introduced Valuation Uncertainty.

On October 24, 2025, majority shareholders George Raymond Zage III and James Fu Bin Lu made a non-binding offer to acquire all outstanding shares of Grindr for $18.00 per share in a "going private" transaction. This offer price was lower than some existing analyst price targets and could have implied a ceiling on the company's valuation in the short term, potentially leading to investor disappointment regarding future public market appreciation. 4. Mixed Perception of Q3 2025 Earnings and Valuation Concerns.

Despite Grindr reporting strong revenue growth and increasing its full-year adjusted EBITDA expectations for the third quarter of 2025 (results released on November 6, 2025), there was a mixed reception. While some reports indicated an EPS beat, others, such as Investing.com, noted that the reported EPS of $0.11 was worse than the analyst estimate of $0.12. Furthermore, market sentiment was influenced by "elevated investor concern" over the preceding months and the perception that the stock was trading at a "high EBITDA valuation multiple," suggesting a potential market correction based on valuation despite positive operational performance.

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Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
GRND Return	-	-	-54%	89%	103%	-24%	34%
Peers Return	13%	-2%	-7%	6%	52%	-21%	33%
S&P 500 Return	16%	27%	-19%	24%	23%	14%	108%
Monthly Win Rates [3]
GRND Win Rate	-	64%	75%	67%	50%	30%
Peers Win Rate	13%	10%	5%	21%	33%	40%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
GRND Max Drawdown	-	-	-54%	0%	-8%	-33%
Peers Max Drawdown	-5%	-4%	-8%	-1%	-4%	-34%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: ADSK, HIT, BIYA, BLIV, BMR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/7/2025 (YTD)

How Low Can It Go

Unique Key	Event	GRND	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-87.3%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	684.9%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days

Compare to ADSK, HIT, BIYA, BLIV, BMR

In The Past

Grindr's stock fell -87.3% during the 2022 Inflation Shock from a high on 11/18/2022. A -87.3% loss requires a 684.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Grindr (GRND)

Tiga Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is headquartered in Singapore.

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Better Bets than Grindr (GRND)

	GRND	Better Performance than GRND
Metric	Value	Industry (Application Software)
Rev Chg LTM	29.0%	PLTR (47.2%), APP (86.4%), SHOP (30.2%), FIG (43.2%), MNDY (30.2%)
Rev Chg 3Y Avg	33.0%	APP (36.0%), SNOW (36.3%), GRAB (50.5%), MNDY (39.2%), LIF (42.0%)
Op Mgn LTM	28.0%	ORCL (31.6%), APP (52.5%), ADBE (36.2%), CDNS (31.5%), FICO (47.0%)
CFO/Rev LTM	35.5%	ORCL (36.5%), PLTR (46.6%), APP (50.6%), ADBE (42.2%), FICO (39.1%)
FCF/Rev LTM	33.9%	PLTR (46.0%), APP (50.6%), ADBE (41.4%), FICO (37.1%), ZM (38.8%)
Total Yield	-1.7%	ORCL (2.6%), PLTR (0.3%), SAP (2.4%), CRM (3.4%), APP (1.3%)

	GRND	Better Performance than GRND
Metric	Value	Sector (Information Technology)
Rev Chg LTM	29.0%	NVDA (71.6%), PLTR (47.2%), AMD (31.8%), MU (48.9%), APP (86.4%)
Rev Chg 3Y Avg	33.0%	NVDA (92.0%), APP (36.0%), CRWD (33.5%), SNOW (36.3%), ZS (35.2%)
Op Mgn LTM	28.0%	NVDA (58.1%), AAPL (31.9%), MSFT (46.3%), AVGO (39.0%), ORCL (31.6%)
CFO/Rev LTM	35.5%	NVDA (46.6%), MSFT (50.0%), AVGO (42.4%), ORCL (36.5%), PLTR (46.6%)
FCF/Rev LTM	33.9%	NVDA (43.6%), AVGO (41.6%), PLTR (46.0%), APP (50.6%), ANET (47.9%)
Total Yield	-1.7%	NVDA (1.9%), AAPL (2.9%), MSFT (3.5%), AVGO (1.1%), ORCL (2.6%)

	GRND	Better Performance than GRND
Metric	Value	All Other Sectors
Rev Chg LTM	29.0%	LLY (36.8%), WELL (32.6%), HOOD (74.6%), BX (34.9%), MELI (36.9%)
Rev Chg 3Y Avg	33.0%	HOOD (47.5%), MELI (39.5%), APO (129.8%), NU (70.1%), RCL (37.7%)
Op Mgn LTM	28.0%	GOOGL (32.2%), META (43.2%), LLY (43.0%), MA (58.3%), NFLX (29.1%)
CFO/Rev LTM	35.5%	GOOGL (39.3%), META (56.8%), MA (56.1%), V (57.6%), BAC (57.3%)
FCF/Rev LTM	33.9%	MA (52.5%), V (53.9%), BAC (57.3%), RY (131.7%), SCHW (79.4%)
Total Yield	-1.7%	GOOGL (4.0%), AMZN (2.7%), META (4.1%), TSLA (0.4%), BRK-B (6.3%)

		Best Bets In Information Technology Sector
	GRND	VRSN	NVDA	RMBS	APP	YOU	ANET	GEN	IDCC	DBX	MPWR
What You Pay
P/E	-58.0	27.8	52.9	50.6	74.1	19.1	50.5	27.8	19.2	17.3	24.2
P/EBIT	-202.6	20.1	45.4	43.2	64.1	20.9	46.8	9.9	15.6	14.7	66.3
What You Get
Rev Chg Q	29.6%	7.3%	55.6%	22.7%	68.2%	15.5%	27.5%	25.3%	28.0%	-1.4%	18.9%
Rev Chg LTM	29.0%	5.5%	71.6%	31.0%	86.4%	17.8%	27.8%	16.2%	28.8%	-0.0%	30.5%
Rev Chg 3Y Avg	33.0%	5.2%	92.0%	17.3%	36.0%	31.0%	29.4%	16.5%	27.1%	4.1%	17.2%
FCF/Rev 3Y Avg	23.3%	57.4%	41.3%	39.3%	42.6%	32.5%	41.0%	36.7%	54.2%	32.9%	28.6%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 24%, alpha of 2.9%, and sharpe of 1.04

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Grindr Earnings Notes
2	With Grindr Stock Climbed 11% In A Day, How Confident Are You?	Return
3	GRND's One-Month Drop Offers a Chance to Reevaluate LLY	Counter-Intuitive Comparisons
4	Grindr (GRND) Operating Cash Flow Comparison	Financials
5	Grindr (GRND) Debt Comparison	Financials
6	Grindr (GRND) EBITDA Comparison	Financials
7	Grindr (GRND) Net Income Comparison	Financials
8	Grindr (GRND) Operating Income Comparison	Financials
9	Grindr (GRND) Revenue Comparison	Financials
10	Grindr (GRND) Tax Expense Comparison	Financials
11	ARTICLES
12	Has GRND Stock Become A Bargain After Dropping 25%?		August 15th, 2025
13	After INTU’s 5.7% Single Day Slide, GRND Looks Like the Stronger Long-Term Play		August 12th, 2025
14	Has GRND Stock Become A Bargain After Dropping 21%?		August 6th, 2025
15	GRND Stock Down -19% after 10-Day Loss Streak		July 30th, 2025
16	Should You Buy The Dip After GRND Stock Plunged 21%?		July 29th, 2025

	Title
0	DASHBOARDS
1	Grindr Earnings Notes
2	With Grindr Stock Climbed 11% In A Day, How Confident Are You?
3	GRND's One-Month Drop Offers a Chance to Reevaluate LLY
4	Grindr (GRND) Operating Cash Flow Comparison
5	Grindr (GRND) Debt Comparison
6	Grindr (GRND) EBITDA Comparison
7	Grindr (GRND) Net Income Comparison
8	Grindr (GRND) Operating Income Comparison
9	Grindr (GRND) Revenue Comparison
10	Grindr (GRND) Tax Expense Comparison
11	ARTICLES
12	Has GRND Stock Become A Bargain After Dropping 25%?
13	After INTU’s 5.7% Single Day Slide, GRND Looks Like the Stronger Long-Term Play
14	Has GRND Stock Become A Bargain After Dropping 21%?
15	GRND Stock Down -19% after 10-Day Loss Streak
16	Should You Buy The Dip After GRND Stock Plunged 21%?

Trade Ideas

Select past ideas related to GRND. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ZBRA_10312025_Dip_Buyer_FCFYield	10312025	ZBRA	Zebra Technologies	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-3.6%	-3.6%	-4.1%
ACN_10312025_Dip_Buyer_ValueBuy	10312025	ACN	Accenture	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-1.7%	-1.7%	-3.5%
ADBE_10312025_Dip_Buyer_ValueBuy	10312025	ADBE	Adobe	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-3.9%	-3.9%	-3.9%
TXN_10312025_Monopoly_xInd_xCD_Getting_Cheaper	10312025	TXN	Texas Instruments	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-0.6%	-0.6%	-1.3%
MRVL_10242025_Monopoly_xInd_xCD_Getting_Cheaper	10242025	MRVL	Marvell Technology	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	8.1%	8.1%	0.0%
GRND_10102025_Dip_Buyer_High_CFO_Margins_ExInd_DE	10102025	GRND	Grindr	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	26.2%	26.2%	0.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ZBRA_10312025_Dip_Buyer_FCFYield	10312025	ZBRA	Zebra Technologies	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-3.6%	-3.6%	-4.1%
ACN_10312025_Dip_Buyer_ValueBuy	10312025	ACN	Accenture	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-1.7%	-1.7%	-3.5%
ADBE_10312025_Dip_Buyer_ValueBuy	10312025	ADBE	Adobe	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-3.9%	-3.9%	-3.9%
TXN_10312025_Monopoly_xInd_xCD_Getting_Cheaper	10312025	TXN	Texas Instruments	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-0.6%	-0.6%	-1.3%
MRVL_10242025_Monopoly_xInd_xCD_Getting_Cheaper	10242025	MRVL	Marvell Technology	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	8.1%	8.1%	0.0%
GRND_10102025_Dip_Buyer_High_CFO_Margins_ExInd_DE	10102025	GRND	Grindr	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	26.2%	26.2%	0.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ORGO	Organogenesis	0.7	44.7%	75.9%
GMED	Globus Medical	11.3	35.9%	1.4%
KODK	Eastman Kodak	0.6	33.2%	18.6%
GCT	GigaCloud Technology	1.3	30.0%	78.8%
FROG	JFrog	6.9	27.0%	104.0%
PGNY	Progyny	1.9	24.2%	29.7%
TNDM	Tandem Diabetes Care	1.1	22.0%	-54.9%
OS	OneStream	4.1	19.2%	-20.3%
FLGT	Fulgent Genetics	0.8	18.2%	42.7%
UAMY	United States Antimony	1.0	17.8%	370.1%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AIRS	AirSculpt Technologies	0.4	-41.7%	17.9%
FOXF	Fox Factory	0.7	-25.5%	-45.9%
ASTH	Astrana Health	1.3	-23.5%	-19.0%
CERT	Certara	1.4	-23.1%	-18.6%
NTLA	Intellia Therapeutics	1.0	-22.7%	-18.4%
DNA	Ginkgo Bioworks	0.5	-20.8%	-8.9%
SIGA	SIGA Technologies	0.5	-20.0%	20.2%
UI	Ubiquiti	37.0	-19.4%	85.3%
EVCM	EverCommerce	1.7	-19.3%	-15.1%
PSIX	Power Solutions International	1.5	-19.1%	120.8%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TERN	Terns Pharmaceuticals	1.7	123.6%	233.4%
GDEN	Golden Entertainment	0.8	44.7%	-4.9%
FSLY	Fastly	1.7	39.4%	22.5%
GMED	Globus Medical	11.3	38.9%	1.4%
CSIQ	Canadian Solar	1.9	37.1%	156.0%
HAE	Haemonetics	3.3	36.7%	-12.4%
ESTA	Establishment Labs	1.9	35.6%	41.1%
APPN	Appian	3.0	34.6%	22.2%
XMTR	Xometry	3.3	33.1%	51.9%
ORGO	Organogenesis	0.7	32.5%	75.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
QURE	uniQure	1.5	-58.9%	57.4%
ASPN	Aspen Aerogels	0.3	-52.6%	-67.5%
BHVN	Biohaven	0.8	-52.0%	-77.9%
DD	DuPont de Nemours	16.7	-51.3%	-46.9%
SOC	Sable Offshore	0.5	-48.9%	-76.7%
BLZE	Backblaze	0.3	-43.7%	-3.7%
CCOI	Cogent Communications	1.1	-43.1%	-67.5%
NVTS	Navitas Semiconductor	1.6	-41.8%	119.6%
AIRS	AirSculpt Technologies	0.4	-41.2%	17.9%
ACVA	ACV Auctions	0.9	-40.5%	-75.0%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
PRAX	Praxis Precision Medicines	3.6	207.2%	118.6%
INBX	Inhibrx Biosciences	1.2	130.5%	424.0%
VTYX	Ventyx Biosciences	0.6	127.2%	300.5%
TERN	Terns Pharmaceuticals	1.7	117.3%	233.4%
PUMP	ProPetro	1.1	95.6%	15.1%
SNDK	SanDisk	34.7	84.7%
REPL	Replimune	0.8	79.5%	-31.4%
CSIQ	Canadian Solar	1.9	78.3%	156.0%
VICR	Vicor	3.9	66.2%	80.9%
ESTA	Establishment Labs	1.9	62.0%	41.1%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
SOC	Sable Offshore	0.5	-72.8%	-76.7%
NTLA	Intellia Therapeutics	1.0	-62.6%	-18.4%
QURE	uniQure	1.5	-56.3%	57.4%
FMC	FMC	1.8	-53.2%	-69.9%
BHVN	Biohaven	0.8	-52.1%	-77.9%
ASPN	Aspen Aerogels	0.3	-51.4%	-67.5%
LRN	Stride	3.1	-50.3%	-30.7%
FI	Fiserv	35.1	-49.4%	-69.0%
WOLF	Wolfspeed	2.8	-49.3%
ELF	e.l.f. Beauty	4.2	-49.1%	-41.3%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ORGO	Organogenesis	0.7	44.7%	75.9%
GMED	Globus Medical	11.3	35.9%	1.4%
KODK	Eastman Kodak	0.6	33.2%	18.6%
GCT	GigaCloud Technology	1.3	30.0%	78.8%
FROG	JFrog	6.9	27.0%	104.0%
PGNY	Progyny	1.9	24.2%	29.7%
TNDM	Tandem Diabetes Care	1.1	22.0%	-54.9%
OS	OneStream	4.1	19.2%	-20.3%
FLGT	Fulgent Genetics	0.8	18.2%	42.7%
UAMY	United States Antimony	1.0	17.8%	370.1%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AIRS	AirSculpt Technologies	0.4	-41.7%	17.9%
FOXF	Fox Factory	0.7	-25.5%	-45.9%
ASTH	Astrana Health	1.3	-23.5%	-19.0%
CERT	Certara	1.4	-23.1%	-18.6%
NTLA	Intellia Therapeutics	1.0	-22.7%	-18.4%
DNA	Ginkgo Bioworks	0.5	-20.8%	-8.9%
SIGA	SIGA Technologies	0.5	-20.0%	20.2%
UI	Ubiquiti	37.0	-19.4%	85.3%
EVCM	EverCommerce	1.7	-19.3%	-15.1%
PSIX	Power Solutions International	1.5	-19.1%	120.8%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TERN	Terns Pharmaceuticals	1.7	123.6%	233.4%
GDEN	Golden Entertainment	0.8	44.7%	-4.9%
FSLY	Fastly	1.7	39.4%	22.5%
GMED	Globus Medical	11.3	38.9%	1.4%
CSIQ	Canadian Solar	1.9	37.1%	156.0%
HAE	Haemonetics	3.3	36.7%	-12.4%
ESTA	Establishment Labs	1.9	35.6%	41.1%
APPN	Appian	3.0	34.6%	22.2%
XMTR	Xometry	3.3	33.1%	51.9%
ORGO	Organogenesis	0.7	32.5%	75.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
QURE	uniQure	1.5	-58.9%	57.4%
ASPN	Aspen Aerogels	0.3	-52.6%	-67.5%
BHVN	Biohaven	0.8	-52.0%	-77.9%
DD	DuPont de Nemours	16.7	-51.3%	-46.9%
SOC	Sable Offshore	0.5	-48.9%	-76.7%
BLZE	Backblaze	0.3	-43.7%	-3.7%
CCOI	Cogent Communications	1.1	-43.1%	-67.5%
NVTS	Navitas Semiconductor	1.6	-41.8%	119.6%
AIRS	AirSculpt Technologies	0.4	-41.2%	17.9%
ACVA	ACV Auctions	0.9	-40.5%	-75.0%

Peer Comparisons for Grindr

Financials

	GRND	ADSK	HIT	BIYA	BLIV	BMR	Median
Name	Grindr	Autodesk	Health I.	Baiya In.	BeLive	Beamr Im.
Mkt Price	15.09	297.18	2.91	0.46	3.55	2.19	3.23
Mkt Cap	2.9	63.3	0.2	-	-	-	2.9
Rev LTM	412	6,605	27	-	-	-	412
Op Inc LTM	115	1,515	1	-	-	-	115
FCF LTM	139	1,847	1	-	-	-	139
FCF 3Y Avg	82	1,704	-	-	-	-	893
CFO LTM	146	1,925	4	-	-	-	146
CFO 3Y Avg	87	1,775	-	-	-	-	931

Growth & Margins

	GRND	ADSK	HIT	BIYA	BLIV	BMR	Median
Name	Grindr	Autodesk	Health I.	Baiya In.	BeLive	Beamr Im.
Rev Chg LTM	29.0%	13.8%	29.7%	-	-	-	29.0%
Rev Chg 3Y Avg	33.0%	11.7%	-	-	-	-	22.3%
Rev Chg Q	29.6%	17.1%	86.2%	-	-	-	29.6%
QoQ Delta Rev Chg LTM	6.9%	4.1%	19.3%	-	-	-	6.9%
Op Mgn LTM	28.0%	22.9%	5.0%	-	-	-	22.9%
Op Mgn 3Y Avg	24.3%	21.5%	-	-	-	-	22.9%
QoQ Delta Op Mgn LTM	2.5%	0.8%	-0.1%	-	-	-	0.8%
CFO/Rev LTM	35.5%	29.1%	13.5%	-	-	-	29.1%
CFO/Rev 3Y Avg	25.1%	30.7%	-	-	-	-	27.9%
FCF/Rev LTM	33.9%	28.0%	4.9%	-	-	-	28.0%
FCF/Rev 3Y Avg	23.3%	29.5%	-	-	-	-	26.4%

Valuation

	GRND	ADSK	HIT	BIYA	BLIV	BMR	Median
Name	Grindr	Autodesk	Health I.	Baiya In.	BeLive	Beamr Im.
Mkt Cap	2.9	63.3	0.2	-	-	-	2.9
P/S	7.0	9.6	6.0	-	-	-	7.0
P/EBIT	-202.6	44.8	81.4	-	-	-	44.8
P/E	-58.0	60.7	118.4	-	-	-	60.7
P/CFO	19.6	32.9	44.8	-	-	-	32.9
Total Yield	-1.7%	1.6%	0.8%	-	-	-	0.8%
Dividend Yield	0.0%	0.0%	0.0%	-	-	-	0.0%
FCF Yield 3Y Avg	3.9%	3.3%	-	-	-	-	3.6%
D/E	0.1	0.0	0.0	-	-	-	0.0
Net D/E	0.1	0.0	-0.0	-	-	-	0.0

Returns

	GRND	ADSK	HIT	BIYA	BLIV	BMR	Median
Name	Grindr	Autodesk	Health I.	Baiya In.	BeLive	Beamr Im.
1M Rtn	14.8%	-4.6%	-16.6%	-24.1%	-6.6%	-26.3%	-11.6%
3M Rtn	-3.8%	2.2%	17.3%	-29.4%	30.5%	-23.4%	-0.8%
6M Rtn	-37.1%	3.4%	255.8%	-90.9%	-16.9%	-17.0%	-17.0%
12M Rtn	2.2%	-2.7%	-	-	-	-28.4%	-2.7%
3Y Rtn	44.0%	49.3%	-	-	-	-	46.7%
1M Excs Rtn	22.4%	-4.1%	-15.3%	-23.6%	-4.2%	-24.6%	-9.8%
3M Excs Rtn	-16.5%	-1.2%	3.8%	-29.0%	22.4%	-27.4%	-8.8%
6M Excs Rtn	-56.0%	-15.5%	236.9%	-109.7%	-35.7%	-35.9%	-35.8%
12M Excs Rtn	-8.0%	-14.5%	-	-	-	-43.8%	-14.5%
3Y Excs Rtn	-34.6%	-29.9%	-	-	-	-	-32.2%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2019
Filing Date	11/6/2025	3/7/2025	3/11/2024	3/17/2023	10/19/2022	10/19/2022
Key Financials
Total Revenue	412	345	260	195	146	109
EBITDA	-2	-76	21	69	68	38
Operating Income	115	93	55	13	24	10
Net Income	-49	-131	-56	1	5	8
EPS	-0.32	-0.74	-0.32	0.01	0.03	0.04
Growth Rates
Total Revenue Growth	29.0%	32.7%	33.2%	33.7%	34.2%	-
EBITDA Growth	-118.3%	-455.6%	-69.1%	1.2%	81.9%	-
Operating Income Growth	30.3%	67.0%	325.4%	-45.0%	134.5%	-
Net Income Growth	4.9%	-134.9%	-6645.5%	-83.2%	-34.3%	-
Margins
EBITDA Margin	-0.5%	-22.0%	8.2%	35.4%	46.8%	34.5%
Operating Income Margin	28.0%	26.9%	21.4%	6.7%	16.3%	9.3%
Net Income Margin	-12.0%	-38.0%	-21.5%	0.4%	3.5%	7.1%
Cash & Debt
Total Cash	6	59	28	9	16	�
Total Debt	283	294	344	365	137	0
Net Debt / (Cash)	277	235	317	357	121	�
Cash Flows
Net Cash from Operations	146	95	36	51	34	38
Free Cash from Operations	139	90	32	45	31	36
Returns to Shareholders
Dividends	0	-0	-0	196	-0	-0
Share Repurchases	451	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/6/2025	8/8/2025	5/9/2025	3/7/2025	11/8/2024	8/8/2024	5/10/2024	3/11/2024	11/14/2023	8/14/2023	5/15/2023	3/17/2023
Key Financials Quarterly
Total Revenue	116	104	94	98	89	82	75	72	70	62	56	55
Ebitda	46	28	39	-115	41	-7	5	-28	19	29	1	32
Operating Income	45	24	25	20	28	25	19	16	17	14	9	2
Net Income	31	17	27	-124	25	-22	-9	-45	-0	22	-33	5
EPS	0.16	0.08	0.14	-0.70	0.14	-0.13	-0.05	-0.26	-0.00	0.13	-0.19	0.03
Key Financials TTM
Total Revenue TTM	412	385	363	345	319	300	279	260	242	222	207	195
Ebitda TTM	-2	-7	-41	-76	11	-11	25	21	81	75	53	69
Operating Income TTM	115	99	99	93	89	77	66	55	42	29	13	13
Net Income TTM	-49	-56	-95	-131	-52	-77	-32	-56	-6	-10	-37	1
Growth Rates Quarterly
Total Revenue Growth	29.6%	26.6%	24.7%	35.4%	27.1%	33.8%	35.0%	32.2%	39.4%	32.2%	28.2%	56.8%
EBITDA Growth	12.1%	526.0%	750.2%	-310.3%	120.3%	-122.3%	239.4%	-188.6%	46.2%	316.4%	-92.4%	80.7%
Operating Income Growth	59.4%	-0.9%	31.9%	24.7%	71.3%	76.3%	124.1%	570.6%	328.7%	780.2%	-2.1%	-63.7%
Net Income Growth	24.9%	174.2%	387.3%	-176.7%	5747.8%	-200.4%	71.4%	-943.0%	90.6%	619.1%	-830.9%	196.0%
Margins Quarterly
EBITDA Margin	39.6%	26.8%	41.4%	-117.5%	45.8%	-8.0%	6.1%	-38.8%	26.4%	47.7%	2.4%	57.9%
Operating Income Margin	39.1%	23.4%	27.0%	20.9%	31.8%	29.8%	25.6%	22.7%	23.6%	22.6%	15.4%	4.5%
Net Income Margin	26.6%	16.0%	28.8%	-126.9%	27.6%	-27.2%	-12.5%	-62.1%	-0.6%	36.3%	-58.9%	9.7%
Cash & Debt
Total Cash	6	121	256	59	39	16	22	28	30	22	34	9
Total Debt	283	288	290	294	297	301	318	344	347	347	365	365
Net Debt / (Cash)	277	167	34	235	258	285	297	317	317	325	331	357
Cash Flows Quarterly
FCF from Operations	55	38	24	30	29	16	20	13	8	6	9	14
Cash Flows TTM
FCF from Operations TTM	146	120	98	95	78	58	48	36	37	38	45	51
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	117
Share Repurchases	160	159	132	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	30.0%	16.1%	17.4%	28.9%	30.3%	29.8%	22.6%	18.3%	18.5%	15.4%	9.5%	2.7%
Return on Invested Capital (ROIC) TTM
ROIC TTM	24.8%	20.8%	19.8%	33.0%	29.0%	23.3%	15.2%	15.5%	8.8%	8.0%	3.5%	3.6%

Price Behavior

Price Behavior

Market Price	$15.09
Market Cap ($ Bil)	3.0
First Trading Date	01/14/2021
Distance from 52W High	-39.0%
	50 Days	200 Days
DMA Price	$14.48	$18.35
DMA Trend	down	down
Distance from DMA	4.2%	-17.8%
	3M	1YR
Volatility	64.0%	49.8%
Downside Capture	207.45	88.33
Upside Capture	129.52	78.81
Correlation (SPY)	20.9%	28.7%

GRND Betas & Captures as of 10/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	2.62	2.25	1.42	0.72	0.74	0.90
Up Beta	4.02	3.95	1.82	0.79	0.68	0.33
Down Beta	0.52	1.21	1.24	0.56	0.69	0.77
Up Capture	251%	128%	39%	-8%	65%	154%
Bmk +ve Days	14	27	37	74	145	425
Stock +ve Days	6	15	25	48	125	374
Down Capture	423%	316%	218%	164%	92%	106%
Bmk -ve Days	9	17	28	53	106	327
Stock -ve Days	17	28	39	76	120	357

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

null

Based On 5-Year Data

null

Based On 10-Year Data

null

Short Interest

Short Interest: As Of Date	10152025
Short Interest: Shares Quantity	11,603,215
Short Interest: % Change Since 9302025	11.7%
Average Daily Volume	3,576,919
Days-to-Cover Short Interest	3.24
Basic Shares Quantity	189,714,398
Short % of Basic Shares	6.1%

Returns Analyses

	Title
0	With Grindr Stock Climbed 11% In A Day, How Confident Are You?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/6/2025	11.0%
8/7/2025	-12.3%	-8.7%	-12.4%
5/8/2025	-1.8%	-3.8%	-5.0%
1/23/2025	8.1%	6.1%	13.7%
11/7/2024	1.6%	-3.0%	4.9%
8/8/2024	8.5%	9.0%	10.6%
3/7/2024	7.3%	13.3%	22.8%
11/13/2023	15.7%	14.5%	41.8%
...
SUMMARY STATS
# Positive	7	5	6
# Negative	5	7	6
Median Positive	8.5%	13.3%	18.3%
Median Negative	-4.2%	-6.1%	-12.4%
Max Positive	15.7%	16.8%	41.8%
Max Negative	-12.3%	-11.7%	-23.1%

	Forward Returns
11/6/2025	11.0%
8/7/2025	-12.3%	-8.7%	-12.4%
5/8/2025	-1.8%	-3.8%	-5.0%
1/23/2025	8.1%	6.1%	13.7%
11/7/2024	1.6%	-3.0%	4.9%
8/8/2024	8.5%	9.0%	10.6%
3/7/2024	7.3%	13.3%	22.8%
11/13/2023	15.7%	14.5%	41.8%
8/14/2023	8.5%	16.8%	24.1%
5/15/2023	-4.2%	-3.2%	-3.8%
3/6/2023	-6.2%	-11.7%	-13.3%
12/5/2022	-3.9%	-8.3%	-23.1%
SUMMARY STATS
# Positive	7	5	6
# Negative	5	7	6
Median Positive	8.5%	13.3%	18.3%
Median Negative	-4.2%	-6.1%	-12.4%
Max Positive	15.7%	16.8%	41.8%
Max Negative	-12.3%	-11.7%	-23.1%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11062025	10-Q 9/30/2025
6302025	8082025	10-Q 6/30/2025
3312025	5092025	10-Q 3/31/2025
12312024	3072025	10-K 12/31/2024
9302024	11082024	10-Q 9/30/2024
6302024	8082024	10-Q 6/30/2024
3312024	5102024	10-Q 3/31/2024
12312023	3112024	10-K 12/31/2023
9302023	11142023	10-Q 9/30/2023
6302023	8142023	10-Q 6/30/2023
3312023	5152023	10-Q 3/31/2023
12312022	3172023	10-K 12/31/2022
12312021	10192022	S-4/A 12/31/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Lu James Fu Bin		10212025	Sell	13.13	250,000	3,282,500	313,660,824	Form
1	Lu James Fu Bin		10172025	Sell	12.96	400,000	5,184,000	318,023,716	Form
2	Lu James Fu Bin		10152025	Sell	11.94	300,000	3,582,000	301,949,072	Form
3	Katz Zachary	GC and Head of Global Affairs	10152025	Sell	12.23	3,023	36,971	6,762,713	Form
4	Richardson Nathan		10152025	Sell	13.50	1,000	13,500	260,793	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Grindr (GRND)

Market Price (11/8/2025): $15.04 | Market Cap: $2.9 BilSector: Information Technology | Industry: Application Software

Grindr (GRND)

Market Price (11/8/2025): $15.04Market Cap: $2.9 BilSector: Information TechnologyIndustry: Application Software

Market Valuation & Key Metrics

GRND Stock

Return vs. Risk

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About Grindr (GRND)

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Price Behavior

Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

Short Interest

Returns Analyses

Earnings Returns History

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Market Price (11/8/2025): $15.04 | Market Cap: $2.9 Bil
Sector: Information Technology | Industry: Application Software

Market Price (11/8/2025): $15.04
Market Cap: $2.9 Bil
Sector: Information Technology
Industry: Application Software