Grindr Inc. — Earnings Quality Grade F
GRND · Technology
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 56 days, change +4 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 27.6%, CFFO 49.0%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 61.2% is >2x revenue growth 27.6%
SG&A/Gross Profit = 43.8%. Normal
Gross margin 74.4%, change -0.2pp. Stable
Cash Flow Quality
CFFO/NI = 1.49. Profits backed by cash
FCF $0.1B, FCF/NI = 1.40
Accruals ratio = -8.8%. Low accruals
Cash $0.1B covers only 22% of debt $0.4B
Balance Sheet Health
Goodwill+Intangibles $0.4B = 754% of equity. Over 50%
Debt/EBITDA = 2.8x. Healthy
Other assets grew 151.7% vs revenue 27.6%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 0% YoY. Normal
Manipulation Score
M-Score = -2.65 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25