Grindr Inc. financial data

Symbol
GRND, GRND-WT on NYSE
Industry
Services-Computer Programming, Data Processing, Etc.
Location
750 N. San Vicente Blvd., Suite Re 1400, West Hollywood, CA
State of incorporation
New York
Fiscal year end
December 31
Former names
Tiga Acquisition Corp. (to 11/18/2022)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 112 % +37.2%
Debt-to-equity -199 % -94.3%
Return On Equity 532 %
Return On Assets -17.4 % -620%
Operating Margin 25.6 % +97.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 176M shares +1.11%
Common Stock, Shares, Outstanding 176M shares +1.4%
Entity Public Float 234M USD -17.4%
Common Stock, Value, Issued 18K USD +5.88%
Weighted Average Number of Shares Outstanding, Basic 176M shares +1.02%
Weighted Average Number of Shares Outstanding, Diluted 176M shares +0.74%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 300M USD +35%
Research and Development Expense 31.1M USD +42.8%
Costs and Expenses 223M USD +15.4%
Operating Income (Loss) 76.7M USD +166%
Nonoperating Income (Expense) -144M USD -274%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -66.8M USD -303%
Income Tax Expense (Benefit) 10.2M USD +2905%
Net Income (Loss) Attributable to Parent -77M USD -677%
Earnings Per Share, Basic -0.44 USD/shares -780%
Earnings Per Share, Diluted -0.44 USD/shares -780%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 16.3M USD -26%
Accounts Receivable, after Allowance for Credit Loss, Current 40.3M USD +31%
Other Assets, Current 2.18M USD +434%
Assets, Current 68M USD +7.88%
Property, Plant and Equipment, Net 1.55M USD -10.5%
Operating Lease, Right-of-Use Asset 3.41M USD -13.9%
Intangible Assets, Net (Excluding Goodwill) 76.1M USD -16.2%
Goodwill 276M USD 0%
Other Assets, Noncurrent 1.19M USD +752%
Assets 435M USD -2.17%
Accounts Payable, Current 2.52M USD -23.5%
Accrued Liabilities, Current 7.76M USD +1059%
Contract with Customer, Liability, Current 19.3M USD +4.06%
Liabilities, Current 59.9M USD -9.05%
Deferred Income Tax Liabilities, Net 3.82M USD -49.8%
Operating Lease, Liability, Noncurrent 1.51M USD -49.2%
Other Liabilities, Noncurrent 7.47M USD +850%
Liabilities 477M USD +12.5%
Retained Earnings (Accumulated Deficit) -92.6M USD -493%
Stockholders' Equity Attributable to Parent -49.5M USD -44.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -41.7M USD -301%
Liabilities and Equity 435M USD -2.17%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 20.4M USD +141%
Net Cash Provided by (Used in) Financing Activities -26.1M USD -244%
Net Cash Provided by (Used in) Investing Activities -1.15M USD +23.1%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 177M shares +1.53%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -6.85M USD -127%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 17M USD -27.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.67M USD -48.3%
Deferred Tax Assets, Valuation Allowance 4.61M USD +1512%
Deferred Tax Assets, Gross 16.5M USD +156%
Operating Lease, Liability 3.78M USD -8.32%
Payments to Acquire Property, Plant, and Equipment 195K USD +509%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -77M USD -677%
Lessee, Operating Lease, Liability, to be Paid 4.12M USD -15%
Property, Plant and Equipment, Gross 3.08M USD -23.1%
Operating Lease, Liability, Current 2.27M USD +97.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 605K USD -66.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.25M USD +29.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure -52.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 333K USD -53.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 605K USD -66.4%
Deferred Tax Assets, Operating Loss Carryforwards 0 USD -100%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 797K USD +36%
Lessee, Operating Lease, Liability, to be Paid, Year Four 605K USD
Operating Lease, Payments 428K USD +2.89%
Additional Paid in Capital 57M USD +56.7%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 19.3M USD -45.6%
Deferred Tax Assets, Net of Valuation Allowance 11.9M USD +93.1%
Share-based Payment Arrangement, Expense 24.5M USD +11.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%