Grindr GRND
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Grindr (GRND) Business Model and Operations Summary
Grindr Inc is a social networking app for gay, bi, trans, and queer people. It is a social network that brings together gay and bisexual men who want to meet other men close to them in a completely discreet and anonymous way, without having to give any personal information or having to fill out a profile with confidential information in order to register.
Key Insights
Grindr (GRND) Core Market Data and Business Metrics
Latest Closing Price
$18.5Market Cap
$3.86 BillionPrice-Earnings Ratio
-25.00Total Outstanding Shares
208.25 Million SharesTotal Employees
147Dividend
No dividendIPO Date
November 18, 2022SIC Description
Services-computer Programming, Data Processing, Etc.Primary Exchange
New York Stock ExchangeHeadquarters
750 N. San Vicente Blvd., Suite Re 1400, West Hollywood, CA, 90069
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $94.96 Million |
| Net Cash Flow From Financing Activities | $-58.85 Million |
| Net Cash Flow From Investing Activities | $-5.34 Million |
| Net Cash Flow From Investing Activities, Continuing | $-5.34 Million |
| Net Cash Flow From Operating Activities | $94.96 Million |
| Net Cash Flow | $30.76 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Diluted Average Shares | $175.88 Million |
| Diluted Earnings Per Share | $-0.74 |
| Income/Loss From Continuing Operations After Tax | $-131.00 Million |
| Income Tax Expense/Benefit | $12.71 Million |
| Net Income/Loss Available To Common Stockholders, Basic | $-131.00 Million |
| Income Tax Expense/Benefit, Deferred | $-5.91 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $-131.00 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss Attributable To Parent | $-131.00 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity | $-131.57 Million |
| Noncurrent Liabilities | $542.85 Million |
| Other Non-current Assets | $290.57 Million |
| Other Non-current Liabilities | $252.27 Million |
| Noncurrent Assets | $362.11 Million |
| Other Current Liabilities | $64.55 Million |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||