Company Grindr Inc.

Equities

GRND

US39854F1012

Software

End-of-day quote Nyse 23:00:00 30/05/2024 BST 5-day change 1st Jan Change
9.5 USD +0.64% Intraday chart for Grindr Inc. +1.39% +8.20%

Business Summary

Grindr Inc. manages and operates the Grindr app, a social network and dating application focused on the global lesbian, gay, bisexual, transgender, and queer (LGBTQ) social network platform serving and addressing the needs of the LGBTQ queer community. The Grindr app is available through Apple's App Store for iPhones and Google Play for Android. The Company offers both a free, ad-supported service and a premium subscription version. Its platform enables the LGBTQ community to connect with each other and the world. Its core product, the Grindr App, offers a variety of location-based social features and functions, including identity expression (profile, photos, presence), connection (search, filters, the Cascade, Viewed Me), interaction (chat, media sharing), trust and safety tools across the experience, and subscriptions for premium features offering more access and control. Grindr App has monthly active users (MAUs) in over 190 countries and territories.

Number of employees: 124

Sales per Business

USD in Million2022Weight2023Weight Delta
Direct
86.8 %
163 83.7 % 225 86.8 % +37.95%
Indirect
13.2 %
32 16.3 % 34 13.2 % +8.51%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
58.4 %
122 62.5 % 152 58.4 % +24.25%
Europe
23.8 %
-- 62 23.8 % -
Rest of the World
14.9 %
59 30.1 % 39 14.9 % -33.98%
North America
2.9 %
-- 8 2.9 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 46 17/11/22
Director of Finance/CFO 56 17/11/22
Investor Relations Contact - 11-12
General Counsel - 25/09/23
General Counsel - -
Comptroller/Controller/Auditor 46 26/03/23
Corporate Officer/Principal 37 31/10/22

Members of the board

Members of the board TitleAgeSince
Director/Board Member 59 17/11/22
Director/Board Member 67 17/11/22
Director/Board Member 53 17/11/22
Director/Board Member 54 17/11/22
Director/Board Member 50 17/11/22
Chief Executive Officer 46 17/11/22
Director/Board Member 48 17/11/22
- -
Director/Board Member 47 17/11/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 176,190,417 23,249,779 ( 13.20 %) 514,516 ( 0.2920 %) 13.20 %

Shareholders

NameEquities%Valuation
78,562,286 44.88 % 751 M $
Fu Bin Lu
21.19 %
37,102,717 21.19 % 355 M $
28th Street Ventures LLC
8.543 %
14,954,584 8.543 % 143 M $
10,857,573 6.202 % 104 M $
San Vicente Holdings LLC
4.270 %
7,474,168 4.270 % 71 M $
3,187,666 1.821 % 30 M $
BlackRock Advisors LLC
1.331 %
2,330,514 1.331 % 22 M $
1,710,000 0.9768 % 16 M $
Gary Hsueh
0.7957 %
1,392,982 0.7957 % 13 M $
Sycale Advisors (NY) LLC
0.7928 %
1,387,830 0.7928 % 13 M $
NameEquities%Valuation
LMR Partners LLP
-
2,752,682 - 6 M $
Highbridge Capital Management LLC
-
1,703,247 - 4 M $
12 West Capital Management LP
-
755,000 - 2 M $
Privium Fund Management BV
-
602,330 - 1 M $
Farallon Capital Management LLC
-
540,000 - 1 M $
Sculptor Capital LP
-
410,109 - 894 038 $
Nine Masts Capital Ltd.
-
407,186 - 887 665 $
CRCM LP
-
400,000 - 872 000 $
Aristeia Capital LLC
-
192,480 - 419 606 $
HC Advisors LLC
-
145,383 - 316 935 $

Company contact information

Grindr, Inc.

750 North San Vicente Boulevard Suite RE 1400

90069, West Hollywood

+

http://www.grindr.com
address Grindr Inc.(GRND)

Sales per Business

Sales per region

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