Grindr Inc. WT
GRND-WT
New York Stock Exchange6.50
USD
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Grindr Inc. WT
GRND-WT
(New York Stock Exchange)
Recent
price
6.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Grindr Inc. (NYSE: GRND; GRND-WT) operates a location-based social networking and dating application serving the lesbian, gay, bisexual, transgender, and queer (LGBTQ+) communities worldwide; the Grindr platform provides proximity-based connections for gay, bisexual, trans, and queer adults through free ad-supported access and premium subscriptions including Grindr XTRA and Grindr Unlimited offering enhanced features such as unlimited profiles, advanced filters, and ad-free experience; additional services encompass AI-powered personalization tools like Chat Summaries, A-list recommendations, For You matches, and Discover profiles, alongside travel functionalities including Explore Heatmaps, Roam for pre-trip connections, and Super Boost for profile visibility. Founded in 2009 and headquartered in West Hollywood, California, the company supports nearly 15 million monthly active users across nearly every country, generating revenue primarily from subscriptions, in-app purchases, and advertising while expanding into health, wellness, and relationships use cases via its Global Gayborhood in Your Pocket brand. Recent developments include the unveiling of an ambitious 2025 product roadmap in January featuring at least six new AI and travel-focused launches building on 2024 introductions like Right Now real-time connections and Interest profiles; a global rollout of Right Now in May 2025 to facilitate instant intent-based matches; redemption of all outstanding public and private warrants (GRND.WS/GRND-WT) in February 2025 at $0.10 per warrant following strong common stock performance; and a withdrawn unsolicited $18-per-share take-private proposal in November 2025 from majority shareholders Ray Zage and James Lu, who own over 60% of shares after leading the 2022 SPAC merger with Tiga Acquisition Corp., amid robust Q3 2025 revenue growth of 30% to $116 million.