Grindr (GRND) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
344.6M
Gross Profit
257.1M
74.59%
Operating Income
92.6M
26.87%
Net Income
-131.0M
-38.01%
EPS (Diluted)
-$0.74
Balance Sheet Metrics
Total Assets
479.1M
Total Liabilities
610.7M
Shareholders Equity
-131.6M
Cash Flow Metrics
Operating Cash Flow
-97.0M
Free Cash Flow
89.6M
Revenue & Profitability Trend
Grindr Income Statement From 2019 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|---|
| Revenue | 344.6M | 259.7M | 195.0M | 145.8M | 108.7M |
| Cost of Goods Sold | 87.6M | 67.5M | 51.3M | 37.4M | 27.5M |
| Gross Profit | 257.1M | 192.2M | 143.7M | 108.5M | 81.2M |
| Operating Expenses | 147.5M | 109.7M | 93.2M | 41.5M | 43.6M |
| Operating Income | 92.6M | 55.4M | 13.0M | 23.7M | 10.1M |
| Pre-tax Income | -118.3M | -51.7M | -7.0K | 6.3M | 10.1M |
| Income Tax | 12.7M | 4.0M | -859.0K | 1.2M | 2.4M |
| Net Income | -131.0M | -55.8M | 852.0K | 5.1M | 7.7M |
| EPS (Diluted) | -$0.74 | -$0.32 | $0.01 | $0.03 | $0.04 |
Income Statement Trend
Grindr Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 117.0M | 71.8M | 43.2M | 43.9M | 58.4M |
| Non-Current Assets | 362.1M | 372.8M | 395.6M | 405.8M | 445.3M |
| Total Assets | 479.1M | 444.6M | 438.8M | 449.7M | 503.7M |
| Liabilities | |||||
| Current Liabilities | 67.8M | 60.6M | 61.9M | 29.9M | 81.4M |
| Non-Current Liabilities | 542.9M | 402.2M | 372.9M | 156.6M | 166.0M |
| Total Liabilities | 610.7M | 462.9M | 434.8M | 186.5M | 247.4M |
| Equity | |||||
| Total Shareholders Equity | -131.6M | -18.3M | 4.1M | 263.2M | 256.3M |
Balance Sheet Composition
Grindr Cash Flow Statement From 2019 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -131.0M | -55.8M | 852.0K | 5.1M | 7.7M |
| Operating Cash Flow | -97.0M | -33.7M | 51.7M | 43.6M | 45.1M |
| Investing Activities | |||||
| Capital Expenditures | -945.0K | -509.0K | -430.0K | -269.0K | -133.0K |
| Investing Cash Flow | -945.0K | -509.0K | -430.0K | -269.0K | -2.4M |
| Financing Activities | |||||
| Dividends Paid | - | 0 | -196.3M | 0 | - |
| Financing Cash Flow | -62.9M | -15.8M | -154.1M | -57.6M | 0 |
| Free Cash Flow | 89.6M | 31.9M | 45.1M | 30.6M | 35.5M |
Cash Flow Trend
Grindr Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
594.00
Forward P/E
50.30
Price to Book
13.86
Price to Sales
11.95
PEG Ratio
50.30
Profitability Ratios
Profit Margin
-26.04%
Operating Margin
27.03%
Return on Equity
-63.52%
Return on Assets
11.19%
Financial Health
Current Ratio
4.22
Debt to Equity
90.76
Beta
0.32
Per Share Data
EPS (TTM)
-$0.60
Book Value per Share
$1.60
Revenue per Share
$2.02
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| grnd | 4.3B | 594.00 | 13.86 | -63.52% | -26.04% | 90.76 |
| Salesforce | 262.0B | 42.88 | 4.33 | 10.31% | 16.08% | 19.81 |
| Intuit | 218.0B | 63.69 | 10.84 | 17.84% | 19.07% | 0.35 |
| Qxo | 14.5B | 21.67 | 1.94 | 1.44% | 65.40% | 0.01 |
| Descartes Systems | 8.8B | 61.93 | 6.04 | 10.66% | 21.67% | 0.55 |
| Altair Engineering | 9.6B | 699.06 | 11.17 | 1.81% | 2.13% | 30.23 |
Financial data is updated regularly. All figures are in the company's reporting currency.