Financials Grindr Inc.

Equities

GRND

US39854F1012

Software

End-of-day quote Nyse 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
10.29 USD +0.98% Intraday chart for Grindr Inc. +1.18% +17.20%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 806.9 1,536 1,843 - -
Enterprise Value (EV) 1 806.9 1,536 2,079 1,979 1,856
P/E ratio - - 47.9 x 30.5 x 20.3 x
Yield - - - - -
Capitalization / Revenue 4.14 x 5.92 x 5.76 x 4.88 x 4.18 x
EV / Revenue 4.14 x 5.92 x 6.5 x 5.24 x 4.2 x
EV / EBITDA - - 15.8 x 12.4 x 10.2 x
EV / FCF - - 24 x 17.5 x 13 x
FCF Yield - - 4.17% 5.72% 7.68%
Price to Book - - - - -
Nbr of stocks (in thousands) 173,524 174,988 175,059 - -
Reference price 2 4.650 8.780 10.53 10.53 10.53
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 1 195 259.7 319.9 377.8 441.3
EBITDA 1 - - 131.9 159.3 181.7
EBIT 1 - - 88.2 114.1 147.4
Operating Margin - - 27.57% 30.19% 33.4%
Earnings before Tax (EBT) 1 - - 50 78.6 117.6
Net income 1 0.852 -55.77 38.33 59.83 94.1
Net margin 0.44% -21.47% 11.98% 15.84% 21.32%
EPS 2 - - 0.2200 0.3450 0.5200
Free Cash Flow 1 - - 86.63 113.2 142.4
FCF margin - - 27.08% 29.95% 32.28%
FCF Conversion (EBITDA) - - 65.7% 71.03% 78.4%
FCF Conversion (Net income) - - 226% 189.14% 151.38%
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
Net sales 1 72.57 76.97 82.93 87.43 88.2
EBITDA 1 28.4 32.4 35.8 35.27 38.4
EBIT 1 18.33 21.83 26.9 20.8 26.5
Operating Margin 25.26% 28.37% 32.44% 23.79% 30.05%
Earnings before Tax (EBT) 1 9.1 12.9 17.05 10.9 13.4
Net income 1 6.633 9.433 13.35 8.6 10.6
Net margin 9.14% 12.26% 16.1% 9.84% 12.02%
EPS 2 0.0400 0.0550 0.0750 0.0450 0.0600
Dividend per Share - - - - -
Announcement Date - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt 1 - - 236 136 12.2
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) - - 1.787 x 0.851 x 0.0671 x
Free Cash Flow 1 - - 86.6 113 142
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 - - 5.07 3.27 4.8
Capex / Sales - - 1.58% 0.86% 1.09%
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
10.53 USD
Average target price
13.33 USD
Spread / Average Target
+26.62%
Consensus
1st Jan change Capi.
+17.20% 1.84B
-9.57% 66.22B
-4.42% 55.78B
-12.13% 45.77B
-3.38% 39.2B
-8.46% 33.48B
-9.90% 28.54B
+85.70% 24.38B
+1.93% 21.35B
+3.86% 13.77B
Application Software
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  2. Equities
  3. GRND Stock
  4. Financials Grindr Inc.
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