Added to YB: 2024-11-07
Pitch date: 2024-11-05
GRND [bullish]
Grindr Inc.
-5.48%
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
$14.05
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
Show full summary:
Grindr: Sex Sells
GRND: Gay hookup app w/ 35% YoY rev growth, 20% op margins, 40% ROIC. Untouchable moat due to network effects & brand. Expanding TAM w/ Gen Z. Paid features add real value. PE of 60, but high growth potential. Risks: high valuation, mgmt concerns. Small position, watching for better entry.
Read full article (4 min)