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, California
State of incorporation
New York
Fiscal year end
December 31
Former names
Tiga Acquisition Corp. (to 11/18/2022)
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 107 % +46.3%
Return On Equity -2.79 K % -7473%
Return On Assets -7.27 % +26.5%
Operating Margin 23.7 % +282%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 176 M shares +1.09%
Common Stock, Shares, Outstanding 175 M shares +1.08%
Entity Public Float 234 M USD -17.4%
Common Stock, Value, Issued 18 K USD +5.88%
Weighted Average Number of Shares Outstanding, Basic 176 M shares +1.1%
Weighted Average Number of Shares Outstanding, Diluted 176 M shares +1.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 279 M USD +34.7%
Research and Development Expense 29.6 M USD +49.6%
Costs and Expenses 213 M USD +9.6%
Operating Income (Loss) 66.1 M USD +415%
Nonoperating Income (Expense) -107 M USD -198%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -41.1 M USD +61.3%
Income Tax Expense (Benefit) -8.8 M USD -166%
Net Income (Loss) Attributable to Parent -32.3 M USD +11.7%
Earnings Per Share, Basic -0.18 USD/shares +14.3%
Earnings Per Share, Diluted -0.18 USD/shares +14.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 21.5 M USD -36.3%
Accounts Receivable, after Allowance for Credit Loss, Current 35.7 M USD +25.2%
Other Assets, Current 765 K USD +40.6%
Assets, Current 68.4 M USD -8.01%
Property, Plant and Equipment, Net 1.58 M USD -15.2%
Operating Lease, Right-of-Use Asset 3.05 M USD -28.4%
Intangible Assets, Net (Excluding Goodwill) 79.2 M USD -18.5%
Goodwill 276 M USD 0%
Other Assets, Noncurrent 1.05 M USD +1031%
Assets 438 M USD -5.53%
Accounts Payable, Current 3.47 M USD -42.5%
Contract with Customer, Liability, Current 19.1 M USD +6.94%
Liabilities, Current 63 M USD -25.5%
Deferred Income Tax Liabilities, Net 4.56 M USD -55.5%
Operating Lease, Liability, Noncurrent 1.86 M USD -44.2%
Other Liabilities, Noncurrent 3.97 M USD +566%
Liabilities 460 M USD -1.97%
Retained Earnings (Accumulated Deficit) -70.2 M USD -85.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -22 M USD -290%
Liabilities and Equity 438 M USD -5.53%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 20.4 M USD +141%
Net Cash Provided by (Used in) Financing Activities -26.1 M USD -244%
Net Cash Provided by (Used in) Investing Activities -1.15 M USD +23.1%
Common Stock, Shares Authorized 1 B shares 0%
Common Stock, Shares, Issued 176 M shares +1.2%
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 -6.85 M USD -127%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 22.2 M USD -37.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.67 M USD -48.3%
Deferred Tax Assets, Valuation Allowance 4.61 M USD +1512%
Deferred Tax Assets, Gross 16.5 M USD +156%
Operating Lease, Liability 3.33 M USD -24.8%
Depreciation 746 K USD -4.73%
Payments to Acquire Property, Plant, and Equipment 195 K USD +509%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -32.3 M USD +11.7%
Lessee, Operating Lease, Liability, to be Paid 3.72 M USD -29.3%
Property, Plant and Equipment, Gross 3.08 M USD -23.1%
Operating Lease, Liability, Current 1.47 M USD +34%
Lessee, Operating Lease, Liability, to be Paid, Year Two 605 K USD -66.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.8 M USD +3.04%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure 0%
Deferred Income Tax Expense (Benefit) -7.98 M USD +28.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 395 K USD -52.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 605 K USD -66.4%
Deferred Tax Assets, Operating Loss Carryforwards 0 USD -100%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -7.61 M USD +22.3%
Current Income Tax Expense (Benefit) 12 M USD +15.9%
Preferred Stock, Shares Authorized 100 M shares 0%
Unrecognized Tax Benefits 797 K USD +36%
Operating Lease, Payments 428 K USD +2.89%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 1.95 M USD +18.3%
Current Federal Tax Expense (Benefit) 10 M USD +15.4%
Amortization of Intangible Assets 22.2 M USD -36.8%
Depreciation, Depletion and Amortization 23.2 M USD -36.3%
Deferred Tax Assets, Net of Valuation Allowance 11.9 M USD +93.1%
Share-based Payment Arrangement, Expense 20.4 M USD -34.8%
Deferred State and Local Income Tax Expense (Benefit) -372 K USD +74%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%