Grindr Inc. operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. Its Grindr platform, a global social networking platform primarily serving and addressing the needs of gay, bisexual, and sexually explorative adults around the world. It also offers Grindr as the Global Gayborhood in Your Pocket brand. In addition, the company provides ad-supported service and a premium subscription version. Grindr Inc. was founded in 2009 and is headquartered in West Hollywood, California.
Niche Dominance | Explore Grindr's commanding position in the LGBTQ+ dating app market, boasting 14.6 million monthly active users and impressive financial performance |
Growth Trajectory | Delve into Grindr's ambitious revenue projections, aiming for $600 million by 2027, driven by core product improvements and international expansion |
Monetization Potential | Learn about Grindr's strategies to boost ARPPU and payer penetration, which currently lag behind industry norms, presenting significant growth opportunities |
Market Valuation | Analysts set price targets ranging from $17 to $21, reflecting confidence in Grindr's growth prospects despite premium valuation compared to peers |
Metrics to compare | GRND | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipGRNDPeersSector | |
---|---|---|---|---|
P/E Ratio | −33.5x | 4.7x | 5.2x | |
PEG Ratio | 0.25 | −0.01 | 0.01 | |
Price/Book | −33.3x | 1.0x | 1.8x | |
Price / LTM Sales | 12.7x | 1.0x | 1.3x | |
Upside (Analyst Target) | −0.3% | 53.5% | 27.6% | |
Fair Value Upside | Unlock | 23.9% | 14.6% | Unlock |