Professional
Added to YB: 2025-06-02
Pitch date: 2025-04-09
GRND [neutral]
Grindr Inc.
-24.76%
current return
Author Info
Maple Tree Capital is a fictitious fund run by @HenryInvests. Follow on Twitter/X.
Company Info
Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide.
Market Cap
$2.2B
Pitch Price
$17.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.70
P/E
-39.53
EV/Sales
6.13
Sector
Interactive Media and Services
Category
growth
Maple Tree Capital Portfolio Holding: Grindr Inc.
GRND (holding update): Grindr showed strong Q1 margins & FCF. Extinguished warrants, setting stage for durable profitability. Announced $500M buyback confirming capital-light, high-margin, high-growth business model. Remains stable core holding in Jonagold portfolio with no plans to sell.
Read full article (1 min)