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Grindr Inc
NYSE:GRND

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Grindr Inc
NYSE:GRND
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Price: 17.72 USD
Market Cap: 3.1B USD
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Grindr Inc
Total Other Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Grindr Inc
Total Other Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Other Income CAGR 3Y CAGR 5Y CAGR 10Y
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Grindr Inc
NYSE:GRND
Total Other Income
-$49.6m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Snap Inc
NYSE:SNAP
Total Other Income
-$18.6m
CAGR 3-Years
N/A
CAGR 5-Years
-54%
CAGR 10-Years
N/A
Pinterest Inc
NYSE:PINS
Total Other Income
$8k
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Alphabet Inc
NASDAQ:GOOGL
Total Other Income
$634m
CAGR 3-Years
N/A
CAGR 5-Years
25%
CAGR 10-Years
N/A
Match Group Inc
NASDAQ:MTCH
Total Other Income
$13.7m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Meta Platforms Inc
NASDAQ:META
Total Other Income
$110m
CAGR 3-Years
-34%
CAGR 5-Years
45%
CAGR 10-Years
39%
No Stocks Found

Grindr Inc
Glance View

Market Cap
3.1B USD
Industry
Media

In the digital tapestry of modern social interaction, Grindr Inc. thrives as a prominent figure, seamlessly bridging technology and community. Founded in 2009 by Joel Simkhai, Grindr carved its niche by pioneering location-based social networking, specifically targeting the LGBTQ+ community. The app's interface is designed to facilitate connections among users through geolocation technology, enabling them to meet new people in their vicinity. This innovation became a linchpin for its growth, transforming the way connections are perceived and pursued within this community. What started as a seed of technology-driven interaction quickly burgeoned into a global platform, reflecting the nuances of identity, culture, and shared interests. Grindr's business model stands robust on the pillars of freemium services and advertising. While the app is free to download and use, it strategically monetizes through its premium subscription service, Grindr XTRA, offering users an ad-free experience with additional features such as advanced filters, the ability to see more profiles, and the option to view who has seen them. This dual revenue approach not only ensures steady cash flow from a substantial user base but also taps into targeted advertising opportunities with businesses keen on reaching its expansive LGBTQ+ demographic. As the digital landscape evolves, Grindr continues to adapt, ensuring that its platform not only caters to connections but resonates with the ever-changing dynamics of its diverse community.

GRND Intrinsic Value
10.1 USD
Overvaluation 43%
Intrinsic Value
Price
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See Also

What is Grindr Inc's Total Other Income?
Total Other Income
-49.6m USD

Based on the financial report for Dec 31, 2023, Grindr Inc's Total Other Income amounts to -49.6m USD.

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