GRND Stock Recent News

Grindr Inc. (NYSE:GRND ) Q4 2024 Earnings Conference Call March 5, 2025 5:00 PM ET Company Participants Tolu Adeofe - Head-Investor Relations George Arison - Chief Executive Officer Vanna Krantz - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James John Blackledge - TD Cowen Eric Sheridan - Goldman Sachs Operator Good afternoon. My name is Calvin and I'll be your conference operator today.

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today posted its financial results for the fourth quarter and fiscal year ended December 31, 2024 in a Letter to Shareholders. The Letter to Shareholders can be accessed on Grindr's Investor Relations website: https://investors.grindr.com/. The Company also announced that its board of directors has authorized a two-year share repurchase program of up to $500 million of Gri.

The biggest dating stocks have plunged in the past few years as consumers remained adamant about paying. Match Group and Bumble stocks have imploded, shedding billions of dollars in value.

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that Chief Executive Officer, George Arison and Chief Financial Officer, Vanna Krantz will participate in the following upcoming investor events. Morgan Stanley Technology, Media & Telecom Conference Location: San Francisco, CA Date: Monday, March 3, 2025 Fireside Chat Presentation: 1:50 PM PT Citizens JMP Technology Conference Location: San Francisco, CA Date: Tuesday, March 4, 20.

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024, after the market closes on Wednesday, March 5, 2025. Grindr will issue a press release when its Shareholder Letter has been posted to its Investor Relations website at https://investors.grindr.com. Following the release of the Shareholder Letter, Grindr will host a webcasted conference ca.

Grindr expects revenue growth of 32-33% for 2024, driven by strong direct ad sales and subscriptions, maintaining an adj. EBITDA margin of at least 42%. The company redeemed public and private warrants, increasing stock float, which may attract institutional investors and reduce overhang over time. GRND's focus on product innovation and AI integration is expected to enhance platform stickiness and ARPPU growth, with a new target price of $22/share.

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today announced the “Redemption Fair Market Value” to be used in connection with the previously announced redemption of all of its outstanding public warrants and private placement warrants (collectively, the “warrants”). Grindr previously announced that it will redeem all of its warrants that remain unexercised as of 5:00 p.m., New York City time, on February 24, 2025 (th.

LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your Pocket™, today announced that it is providing notice to holders of its outstanding public warrants and private placement warrants (collectively, the “warrants”) that it will redeem the warrants at a redemption price of $0.10 per warrant at 5:00 p.m. New York City time on February 24, 2025 (the “Redemption Date”). Holders of the warrants may instead elect to exercise their warrants u.

WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today unveiled an ambitious product roadmap for 2025, consisting of the most robust set of launches in its history. New products and features coming to Grindr in 2025 will continue to expand user intents and use cases across the app, including enhanced personalization and travel features. “Our goal is to build out a world-class app that serves as the Global Gayborhood in Your Pocket,” said.

I see Grindr Inc. valuation at 23x forward free cash flow as an attractive entry point, given its revenue growth and profitability. The company's focus on monetization and improving user engagement sets it apart in a crowded market. Despite its debt, Grindr's financial position and consistent EBITDA margins give it room to deliver strong returns.