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Grindr Inc. (GRND): A Bull Case Theory

We came across a bullish thesis on Grindr Inc. (GRND) on Substack by Welfare Capital. In this article, we will summarize the bulls’ thesis on GRND. Grindr Inc. (GRND)'s share was trading at $18.92 as of April 16th. GRND’s trailing P/E was 134.66 according to Yahoo Finance.

[caption id="attachment_527587" align="aligncenter" width="750"] Mila Supinskaya Glashchenko/Shutterstock.com[/caption]

Grindr is an LGBT dating app, that offers significant growth potential as a capital-light, cash-flow-generating business. The company's target demographic is well-positioned for long-term...