Financials Grindr Inc.

Equities

GRND

US39854F1012

Software

End-of-day quote Nyse 06:00:00 2024-05-09 pm EDT 5-day change 1st Jan Change
10.14 USD -4.25% Intraday chart for Grindr Inc. -1.46% +15.49%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 806.9 1,536 1,778 - -
Enterprise Value (EV) 1 806.9 1,536 2,027 1,923 1,795
P/E ratio - - - 31.2 x 21.6 x
Yield - - - - -
Capitalization / Revenue 4.14 x 5.92 x 5.5 x 4.65 x 4.24 x
EV / Revenue 4.14 x 5.92 x 6.27 x 5.03 x 4.28 x
EV / EBITDA - - 15 x 11.9 x 9.83 x
EV / FCF - - 21.7 x 15.7 x 11.7 x
FCF Yield - - 4.61% 6.37% 8.55%
Price to Book - - - - -
Nbr of stocks (in thousands) 173,524 174,988 175,391 - -
Reference price 2 4.650 8.780 10.14 10.14 10.14
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 25.2 60.67 85.3
Net margin 0.44% -21.47% 7.8% 15.88% 20.33%
EPS - - - 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) - - 370.9% 201.98% 179.84%
Dividend per Share - - - - -
Announcement Date 3/6/23 3/7/24 - - -
1USD in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 75.34 77.5 83.17 85.93 89.3
EBITDA 1 31.61 32.27 35.07 35.97 41
EBIT 1 19 20.77 22.8 22.85 25.9
Operating Margin 25.22% 26.8% 27.41% 26.59% 29%
Earnings before Tax (EBT) 1 -6.726 11.05 13.45 13.75 13.9
Net income 1 -8.406 9.633 10.6 10.75 10.9
Net margin -11.16% 12.43% 12.75% 12.51% 12.21%
EPS 2 -0.0500 0.0450 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
10.14 USD
Average target price
13.33 USD
Spread / Average Target
+31.49%
Consensus
1st Jan change Capi.
+15.49% 1.78B
-19.16% 216B
-10.77% 65.35B
-3.97% 56.04B
-10.56% 46.58B
-7.07% 33.99B
-9.54% 28.66B
+116.89% 28.44B
+2.88% 21.55B
+3.86% 13.77B
Application Software
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  3. GRND Stock
  4. Financials Grindr Inc.
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