Grindr Inc. (GRND) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$12.65 -1.94% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $12.58

Grindr Inc. (GRND) carries a Roarable Rating of C (Hold) with 64/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C • HOLD / WATCH Cap $2.20B
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is GRND stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, Grindr Inc. (NYSE: GRND) is rated C (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 64/100 at a spot price of $12.65 (-1.94% 1D, market cap $2.20B). Pillar breakdown: Fundamental Cash Engine 19/20, Institutional 13F & Options Flow 4/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 19/20. Across 714 tracked Technology issuers, GRND ranks #155 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does GRND compare to CSQR and DV in the Technology sector?
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Within the Technology sector (Computer Software: Programming Data Processing), GRND carries a Roarable C (64/100 RQD), trailing P/E of 23.7x, gross margin of —, and ROIC of 29.7%. By comparison, CSQR (Csquare Inc.) holds a D- grade (42/100 RQD, P/E N/A, ROIC —, cap $2.21B) and DV (DoubleVerify Holdings Inc.) posts a B+ grade (78/100 RQD, P/E 41.5x, ROIC 7.2%, cap $2.10B). Among the 5-stock peer group, GRND leads on earnings multiple (23.7x) while GRND leads on capital efficiency (29.7% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for GRND?
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Per GRND's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001820144), Grindr Inc. generated $439.9M in revenue (+27.6% YoY), $94.8M in net income, and $140.8M in free cash flow against $531.0M in total assets and $375.9M in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $12.58 (-0.54%)🧬 Cannibal Buyback (-3.20% YoY Shares)⚙️ Cash Engine: 19/20 (A+) • 32% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record: Scores of 64/100 (C) historically posted market-perform odds over rolling 90-day windows (+1.1% avg 90D alpha vs SPY • 55.2% hit rate — wait for RQD ≥ 70 breakout).
Audit Bucket Track Record →
RQD QUANT TACHOMETERHOLD / WATCH • C
025507510064
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B- · Rk D+
Cash (19)Whales (4)SEC (14)Macro (8)CEO (19)
Each axis scored 0–20
12M PRICE TARGET CONE+2.7% Base Target
$19 Bull$13 Base$10 Bear
📬 FREE GRND RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for GRND)Realized 20D OHLCV Swing Band: ±8.8%
Deterministic 5-Pillar Attribution (64/100 Composite)
🔍 WHY GRND SCORES 64/100 (C) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Cash Engine Quality+19/20 pts (30% of score)

SEC XBRL FY 2025 (10-K): 32% FCF Margin ($140.8M FCF) & 52% Gross Margin

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+19/20 pts (30% of score)

SEC Form 4 / 13F Thermometer: 86% Net Buy • Cannibal Buyback (-3.20% YoY Shares)

▼ #1 Drag / Risk Factor: Whale & Options Positioning4/20 pts (-16 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-16 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
72
Grade B$15.47-9.1% Next Q
Q2 (-2Q)
69
Grade B-$14.06-8% Next Q
Q3 (-1Q)
67
Grade B-$12.94-2.2% Next Q
Current
64
Grade C$12.65+1.1% Hist 90D α
Trajectory: B (72) → C (64)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the GRND Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 64/100 (C) score, GRND faces multiple-compression risk if 23.7x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Sensitive to high interest rates and tighter Federal Reserve market liquidity.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-3.20% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($14.77) or 200D SMA ($13.63) invalidates the momentum regime and cuts Target Base ($12.99) toward Bear Floor ($10.13).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $GRND• $4.8M Crowd Pool • Kalshi / Polymarket Composite
Contract: “GRND Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How GRND Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$140.8M (32% FCF Margin)
Revenue$439.9MGross Profit $228.7M (52%)Cost of Sales $211.2MOp Profit $126.3M (28.7%)OpEx (R&D/SG&A) $102.5MNet Profit$94.8M (21.5%)Tax/Other $31.5M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $259.7M
FY24
Rev $344.6M
FY25
Rev $439.9M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$439.9M52%28.7%$94.8M$140.8M29.7%
FY 2024$344.6M52%26.9%-$131.0M$94.0M86.2%
FY 2023$259.7M52%21.4%-$55.8M$36.1M29.7%
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring GRND)

  • ✓Walkthrough of GRND's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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GRND // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -7.33%🛡️ HOLDING TREND SUPPORT
2026-11-03O $12.90H $12.90L $12.65C $12.65VOL 1.31M
RES: $15.19SUP: $12.48SMA50: $14.77SMA200: $13.63
$19.07$16.70$14.32$11.94$9.56RES $15.19SUP $12.48$12.652026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

GRND Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
17.5%/yr Implied 5Y Growth

vs. +27.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on GRND today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for GRND. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for GRND today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (GRND)

Technology Rank #155 of 714 ⚔️ CSQR vs GRND Full Matrix →

1. Head-to-Head Technology Peer Comparison (GRND vs. CSQR, DV, RUM, PPLI)

Industry: Computer Software: Programming Data Processing (72 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, Grindr Inc. (GRND) ranks #155 by composite RQD confidence (64/100, grade C) and #282 by equity capitalization ($2.20B). Within this direct 5-issuer industry benchmark cohort, GRND leads on earnings valuation at 23.7x trailing P/E, while GRND leads on capital efficiency and profitability with 29.7% ROIC and — gross margin. DV currently holds the highest overall quantitative score in the immediate peer group at 78/100 (B+) compared with GRND at 64/100 (C).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
GRND ACTIVE
Grindr Inc.
C 64/100 23.7x — 29.7% -1.94% $2.20B Benchmark Subject
CSQR
Csquare Inc.
D- 42/100 — — — -11.10% $2.21B /csqr-vs-grnd →
DV
DoubleVerify Holdings Inc.
B+ 78/100 41.5x 82.2% 7.2% -0.07% $2.10B /dv-vs-grnd →
RUM
RUM Group Inc. (Class A)
E 27/100 — -6.7% -35.0% -5.00% $2.64B /rum-vs-grnd →
PPLI
People Incorporated
E 31/100 — 66.2% -1.5% -0.72% $2.65B /ppli-vs-grnd →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001820144

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Grindr Inc. (GRND) reported GAAP revenue of $439.9M (+27.6% vs. FY2024 revenue of $344.6M , and +69.4% cumulative change since FY2023) , GAAP net income of $94.8M, operating cash flow of $141.5M, and free cash flow of $140.8M (+49.7% YoY). On the balance sheet, GRND closed FY2025 with $531.0M in total assets against $375.9M in total debt (Altman Z-Score: 4.32, Piotroski F-Score: 8/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $439.9M $94.8M $141.5M $140.8M $531.0M $375.9M
FY2024 (FY) 2024-12-31 $344.6M -$131.0M $95.0M $94.0M $479.1M $275.6M
FY2023 (FY) 2023-12-31 $259.7M -$55.8M $36.1M $36.1M — —

3. GRND Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is GRND stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, Grindr Inc. (NYSE: GRND) is rated C (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 64/100 at a spot price of $12.65 (-1.94% 1D, market cap $2.20B). Pillar breakdown: Fundamental Cash Engine 19/20, Institutional 13F & Options Flow 4/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 19/20. Across 714 tracked Technology issuers, GRND ranks #155 in composite RQD confidence.

How does GRND compare to CSQR and DV in the Technology sector?

Within the Technology sector (Computer Software: Programming Data Processing), GRND carries a Roarable C (64/100 RQD), trailing P/E of 23.7x, gross margin of —, and ROIC of 29.7%. By comparison, CSQR (Csquare Inc.) holds a D- grade (42/100 RQD, P/E N/A, ROIC —, cap $2.21B) and DV (DoubleVerify Holdings Inc.) posts a B+ grade (78/100 RQD, P/E 41.5x, ROIC 7.2%, cap $2.10B). Among the 5-stock peer group, GRND leads on earnings multiple (23.7x) while GRND leads on capital efficiency (29.7% ROIC).

What are the biggest fundamental strengths and SEC risk factors for GRND?

Per GRND's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001820144), Grindr Inc. generated $439.9M in revenue (+27.6% YoY), $94.8M in net income, and $140.8M in free cash flow against $531.0M in total assets and $375.9M in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is GRND trading relative to its 50-day, 200-day, and 52-week technical levels?

GRND last traded at $12.65 (-1.94% on volume of 1,308,613 shares), positioning the stock -14.35% below its 50-day simple moving average ($14.77) and -7.19% below its 200-day simple moving average ($13.63). Across its 52-week range of $9.73 to $18.50, GRND sits at the 33.3% percentile with a 14-day RSI of 33.0 (NEUTRAL RANGE) and an implied next-earnings move of ±8.8% ($11.54 to $13.76).

GRND Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Grindr Inc. (GRND)?

In FY 2025 (10-K), GRND converted $439.9M of revenue into a 52% gross margin, 28.7% operating margin, and $140.8M in free cash flow (32% FCF margin).

ROARABLE RATING BRIEF • RQD 64/100 (C) ✓ STAGE-C NUMBER FIREWALL VERIFIED

GRND — Grindr Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T15:26:19Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, GRND scores 65 out of 100, a letter grade of C, with the verdict "Roarable Hold — Fair / Balanced Risk-Reward." Across the five pillars: the Fundamental Cash Engine scores 19/20 (ROIC 29.7%; FCF yield 6.28%), indicating the strongest component of the rating. Insider Conviction scores 19/20 (SEC Form 4 and Congressional PTR cluster flow), also a strong component. The Forensic Balance Sheet scores 14/20 (Altman Z 4.32; Piotroski F 8/9; Debt/Equity 8), a solid reading. Macro Regime Fit scores 8/20 (Beta 1.0; sector sensitivity), a weaker reading. Whale 13F Flow scores 5/20 (institutional accumulation and options positioning), the weakest pillar.

For a prospective investor, the upside drivers in this data are the high return on invested capital and the free-cash-flow yield, alongside the insider-flow pillar. The valuation tradeoff is that the stock trades at a P/E (TTM) of 23.7 against a forward P/E of 19.9, so the market is pricing in earnings growth that the source data does not further quantify. The weakest pillar, institutional flow, means the rating does not show strong broad institutional conviction in the data provided. Beta of 1.0 implies market-level sensitivity, and the overall grade signals a balanced rather than compelling risk-reward profile at the time of the data snapshot.

Snapshot

PriceMarket CapP/E (TTM)Forward P/EEV/EBITDAEPS (TTM)Dividend YieldBeta52-Wk RangeROIC %
12.9$2.24B23.719.919.90.550%1.0$9.73 - $18.529.7%

Financial Trend

PeriodRevenueOperating IncomeNet IncomeEPSFCFCashDebt
FY 2025$439.9M$126.3M$94.8MN/A$140.8M$87.0M$375.9M
FY 2024$344.6M$92.6M$-131.0MN/A$94.0M$59.2M$275.6M
FY 2023$259.7M$55.4M$-55.8MN/A$36.1MN/AN/A

Per the SEC financials, revenue grew from $259.7M (FY 2023) to $344.6M (FY 2024) to $439.9M (FY 2025), and operating income rose from $55.4M to $126.3M over the same span. Net income was negative in FY 2023 and FY 2024 and positive at $94.8M in FY 2025. Per the market data, the operating margin is 28.7% and the net margin is 21.5%, with ROIC of 29.7%. The Roarable RQD rating cites an Altman Z-Score of 4.32 and a Piotroski F-Score of 8/9. Debt rose to $375.9M in FY 2025 against cash of $87.0M.

Recent Catalysts & News Wire Analysis

Per the recent news feed, the set of items consists of market-wire coverage dated within the prior roughly 15 hours. Headlines reference a 10% shareholder selling approximately US$6.93 million in common stock across four transactions under a preset trading plan, a director (George Zage) selling $6.9m in GRND shares, and a commentary piece asking why the company is paying $250m for Freddie. Each item is tagged YELLOW with the impact label MARKET WIRE. The news feed does not provide the acquisition's terms or completion status beyond the headline. Per the Butterfly Supply-Chain Graph, no supply-chain links or proprietary signals are recorded.

Open Questions

  • What are the company's products, customers, and revenue drivers, given that the source describes only sector and industry?
  • What are the terms and status of the proposed $250m acquisition referenced in the news feed?
  • What drove the swing from negative net income in FY 2024 to positive in FY 2025, and what share of that reflects one-time items?
  • What are the EPS values for the reported fiscal years, which the financials list as N/A?
  • What institutional 13F positions and analyst price targets exist, given that the holder and analyst sections are empty?

GRND Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Grindr Inc. (GRND) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to GRND Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

GRND Bull vs. Bear Conversation Board — What's Your Call at $12.65?

🐂 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON GRND 🐻 50% BEARISH CONVICTION
1. Pick Your Side on GRND:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk ⚖️ DEBATE HOST 🎯 Target: $13.93 (+8.0%)
📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is GRND (C • RQD 65/100) a Buy at $12.90?

Welcome to the GRND (Grindr Inc.) Roar Pit. Current RQD Composite is 65/100 (Roarable Hold — Fair / Balanced Risk-Reward) in Computer Software: Programming Data Processing. Bulls point to capital efficiency (29.7% ROIC), while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

MU MultipleCompression Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $9.80 (-24.0%)
Spot @ $12.90

Pump the brakes on GRND — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on GRND, but look at what you are paying: 23.7x trailing P/E with tightening sector spreads. Unless Grindr Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

DE DeltaGamma_99 Verified K Arena Trader 🐂 BULLISH 🎯 Target: $15.09 (+17.0%)
Spot @ $12.90

GRND cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on GRND, the market is fixating on short-term headline noise in Computer Software: Programming Data Processing and ignoring the balance sheet and cash flow trajectory. At $12.90 (52-wk range $9.73 - $18.50), any beat on forward guidance forces shorts and underweight funds to chase.

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