Grindr Inc.
GRNDNYSETechnology · Services-Computer Programming, Data Processing, Etc. · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $439.9M | $344.6M | $259.7M | $195.0M | $145.8M | — |
| Operating income | $126.3M | $92.6M | $55.4M | $13.0M | $23.7M | −$124,923 |
| Net income | $94.8M | −$131.0M | −$55.8M | $852,000 | $5.1M | −$20.9M |
| Total assets | $531.0M | $479.1M | $444.6M | $438.8M | $449.7M | $280.2M |
| Total liabilities | $484.0M | $610.7M | $462.9M | $434.8M | $186.5M | $55.7M |
| Equity | $47.0M | −$131.6M | −$18.3M | $4.1M | −$36.2M | $0 |
| EPS (diluted) | $0.43 | $-0.74 | $-0.32 | $0.01 | $0.03 | — |
| Shares out. | 208.2M | 175.1M | 173.7M | 173.5M | 155.5M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 28.7%
- Net margin
- 21.5%
- Return on equity
- 201.6%
- Return on assets
- 17.8%
- Return on capital (ROCE)
- 28.3%
- Liabilities / assets
- 91.1%
- Debt / equity
- 10.30×
- Book value / share
- $0.23
- Revenue growth (YoY)
- 27.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 2.11grey zone
- Accruals / assets
- −8.8%clean
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 2 warning● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Altman Z″ in the grey zone
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 18, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Lu James Fu BinActivist (13D)May 12, 2026
- Zage George Raymond IiiActivist (13D)Apr 30, 2026
- Brest JeremyActivist (13D)Mar 25, 2026
- Gupta AshishActivist (13D)Apr 16, 2025
- Gearon J Michael JrActivist (13D)Feb 3, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 6.9M | 3.4 | +24.7% |
| Apr 30, 2026 | 5.6M | 5.9 | -13.0% |
| Apr 15, 2026 | 6.4M | 5.7 | -21.8% |
| Mar 31, 2026 | 8.2M | 6.2 | +17.9% |
| Mar 13, 2026 | 6.9M | 4.5 | -5.4% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 7, 2026
- Entered a material agreement · Results of operationsFeb 26, 2026
- Item 5.08Feb 24, 2026
- Entered a material agreement · New financial obligationDec 16, 2025
- Director / officer changeDec 2, 2025
- Results of operationsNov 6, 2025
- Director / officer change · Regulation FD disclosureOct 1, 2025
- Change in controlSep 19, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (3)
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