Added to YB: 2025-11-17
Pitch date: 2025-11-13
GRND [bullish]
Grindr Inc.
-5.75%
current return
Author Info
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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
$14.09
Price Target
20.00 (+51%)
Dividend
N/A
EV/EBITDA
19.70
P/E
-39.53
EV/Sales
6.13
Sector
Interactive Media and Services
Category
special_situation
Show full summary:
Updates on other risk arbs ($GRND)
GRND: Trading at ~$14 vs $18 takeover bid despite smashing Q3 (30% YoY growth, 47% EBITDA margins). Bought back 25M shares YTD at avg $17.93 (>10% market cap). Concerns over James' financing ability post board resignation, but strong fundamentals suggest bid too low at $18.
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