Financials Grindr Inc.

Equities

GRND

US39854F1012

Software

End-of-day quote Nyse 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
9.5 USD +0.64% Intraday chart for Grindr Inc. +1.39% +8.20%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 806.9 1,536 1,669 - -
Enterprise Value (EV) 1 806.9 1,536 1,918 1,813 1,686
P/E ratio - - 79.2 x 29.2 x 20.2 x
Yield - - - - -
Capitalization / Revenue 4.14 x 5.92 x 5.16 x 4.37 x 3.98 x
EV / Revenue 4.14 x 5.92 x 5.93 x 4.75 x 4.02 x
EV / EBITDA - - 14.2 x 11.2 x 9.23 x
EV / FCF - - 20.5 x 14.8 x 11 x
FCF Yield - - 4.87% 6.76% 9.1%
Price to Book - - - - -
Nbr of stocks (in thousands) 173,524 174,988 175,676 - -
Reference price 2 4.650 8.780 9.500 9.500 9.500
Announcement Date 3/6/23 3/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 195 259.7 323.2 382.1 419.6
EBITDA 1 - - 134.9 161.4 182.7
EBIT 1 - - 86.03 109.9 142
Operating Margin - - 26.62% 28.77% 33.85%
Earnings before Tax (EBT) 1 - - 31.5 74.8 106.7
Net income 1 0.852 -55.77 23.13 60.67 85.3
Net margin 0.44% -21.47% 7.16% 15.88% 20.33%
EPS 2 - - 0.1200 0.3250 0.4700
Free Cash Flow 1 - - 93.47 122.5 153.4
FCF margin - - 28.92% 32.07% 36.56%
FCF Conversion (EBITDA) - - 69.29% 75.92% 83.96%
FCF Conversion (Net income) - - 404.03% 201.98% 179.84%
Dividend per Share - - - - -
Announcement Date 3/6/23 3/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 75.34 77.63 83.63 86.57 89.3 92.3
EBITDA 1 31.61 32.27 35.07 35.97 41 38.9
EBIT 1 19 20.77 22.8 22.85 25.9 26.4
Operating Margin 25.22% 26.75% 27.26% 26.4% 29% 28.6%
Earnings before Tax (EBT) 1 -6.726 11.05 13.45 13.75 13.9 14.4
Net income 1 -9.406 9.633 10.6 10.75 10.9 11.4
Net margin -12.48% 12.41% 12.67% 12.42% 12.21% 12.35%
EPS 2 -0.0500 0.0450 0.0600 0.0600 0.0600 0.0600
Dividend per Share - - - - - -
Announcement Date 5/9/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt 1 - - 249 145 16.6
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) - - 1.846 x 0.8953 x 0.0909 x
Free Cash Flow 1 - - 93.5 123 153
ROE (net income / shareholders' equity) - - - - -
ROA (Net income/ Total Assets) - - - - -
Assets 1 - - - - -
Book Value Per Share - - - - -
Cash Flow per Share 2 - - 0.4600 0.5800 0.7100
Capex 1 - - 6.5 3.6 5.55
Capex / Sales - - 2.01% 0.94% 1.32%
Announcement Date 3/6/23 3/7/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
9.5 USD
Average target price
13.33 USD
Spread / Average Target
+40.35%
Consensus
1st Jan change Capi.
+8.20% 1.67B
-25.45% 199B
-2.28% 57.03B
-23.33% 56.1B
-17.16% 43.13B
-9.23% 36.86B
-2.78% 35.53B
-12.52% 27.71B
+104.44% 26.81B
+0.73% 21.1B
Application Software
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