Grindr Inc.

GRND

CIK 0001820144 · Quarterly mode · latest period FY2025 (Q4) (ending 2025-12-31) · sourced from SEC EDGAR

At a glance · FY2025 (Q4)

Revenue
$126M
↑+29.0% +$28Mvs FY2024 (Q4)
Operating Income
$31M
↑+53.5% +$11Mvs FY2024 (Q4)
Net Income
$20M
↑+56.7% +$7Mvs FY2024 (Q4)
Gross Profit
$94M
↑+28.1% +$21Mvs FY2024 (Q4)

Quality Score

Quality score

6-dimension fundamental snapshot · latest annual filed values · S&P 500 calibration

Strong
67/100
  • Profitability
    100ROIC 33.5% (10% = solid, 20%+ = moat)
  • Liquidity
    73Current Ratio 1.96 (above 1.5 = solid)
  • Leverage
    0D/E 8.42 (under 0.5 = conservative)
  • Efficiency
    52Asset Turnover 0.87x (1.0+ = capital-efficient)
  • Growth
    100Revenue YoY +29.0% (10% = solid, 25%+ = elite)
  • Margin Trend
    76Op Margin 24.9% · trend +1.6pts (4Q avg vs prior 4Q)

Calibrated to S&P 500 medians. Each sub-score is computed from a single CFA-grade ratio (Profitability = ROIC, Liquidity = Current Ratio, Leverage = D/E, Efficiency = Asset Turnover, Growth = Revenue YoY, Margin Trend = 4Q operating-margin avg vs prior 4Q). Overall = simple mean.

DCF intrinsic value

DCF intrinsic value

two-stage Gordon model

Project GRND's free cash flow forward, discount back at your hurdle rate, divide by diluted shares. Edit the assumptions to see how sensitive the intrinsic value is.

25%

Trailing 3-yr CAGR was 41.0%

10%

10% is a common all-equity benchmark for US large-caps

2.5%

Should be ≤ long-run GDP growth (~2.5% nominal)

5

5-year explicit projection + perpetuity terminal

Intrinsic value per share
$24.06
Total enterprise IV
$4.70B
Diluted shares
0.20B
Terminal PV
$3.65B (78% of total)
Year-5 FCF
$430M
YearProjected FCFDiscounted PV
+1$176M$160M
+2$220M$182M
+3$275M$207M
+4$344M$235M
+5$430M$267M
Terminal$5.87B$3.65B

DCF outputs are HIGHLY sensitive to growth + WACC assumptions. A 1pp WACC change can shift IV by 20%+. Use this as a sanity-check vs market price, not a target — and always cross-check the underlying FCF source (EDGAR cashflow statement, latest annual). Margin of safety convention: 30-50% discount to IV before buying.

Capital allocation · trailing 4 quarters

how the company spent its cash
Capex (TTM)
$746K
investment in PP&E
Stock buybacks (TTM)
$451M
share count reduction
Stock-based comp (TTM)
$55M
non-cash dilution

Balance sheet · 2025-12-31

latest filed snapshot
Total assets
$531M
everything owned
Total liabilities
$484M
everything owed
Stockholders' equity
$47M
shareholder claim
Net debt
$309M
LT debt minus cash

Recent performance · 22 quarters

Revenue↑+29.0% +$28M
$126M
Net Income
$20M
Free Cash Flow↓-16.2% -$5M
$25M
Operating Margin↑+4.0pts
24.9%

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