Grindr Inc. operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. Its Grindr platform, a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults around the world. 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.
LGBTQ+ Market Leade | Grindr dominates the gay social networking space with 14 million monthly active users, including 1 million paying subscribers, and 95% brand awareness in the U.S. |
Financial Momentum | Explore Grindr's impressive 30% revenue growth and 74% gross profit margin, with projections reaching $531 million in revenue by FY 2026 |
Analyst Optimism | Discover why analysts set price targets ranging from $20 to $27, with the most recent target at $27 from Citizens JMP Securities |
Global Growth Potential | Delve into Grindr's international expansion strategy and innovative features like Chat Summaries and Explore Heatmap, driving user engagement and monetization |
Metrics to compare | GRND | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipGRNDPeersSector | |
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P/E Ratio | −54.6x | −0.8x | 6.4x | |
PEG Ratio | −2.70 | −0.01 | 0.01 | |
Price/Book | 16.2x | 1.1x | 1.8x | |
Price / LTM Sales | 7.9x | 1.1x | 1.5x | |
Upside (Analyst Target) | 42.5% | 24.3% | 18.5% | |
Fair Value Upside | Unlock | 36.2% | 11.2% | Unlock |