vs
Grindr Inc.（GRND）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
Grindr Inc.的季度营收约是RE/MAX Holdings, Inc.的1.8倍（$126.0M vs $71.1M），Grindr Inc.净利率更高（16.1% vs 2.0%，领先14.1%），Grindr Inc.同比增速更快（29.0% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $24.5M），过去两年Grindr Inc.的营收复合增速更高（29.3% vs -4.7%）
Grindr是面向LGBTQ群体的定位类社交应用，基于地理位置匹配功能帮助同群体用户便捷建立联系、拓展社交圈，是全球范围内该群体中认知度较高的社交服务平台之一。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
GRND vs RMAX — 直观对比
营收规模更大
GRND
是对方的1.8倍
$71.1M
营收增速更快
GRND
高出30.9%
-1.8%
净利率更高
GRND
高出14.1%
2.0%
自由现金流更多
RMAX
多$9.0M
$24.5M
两年增速更快
GRND
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $126.0M | $71.1M |
| 净利润 | $20.3M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | 24.9% | 13.1% |
| 净利率 | 16.1% | 2.0% |
| 营收同比 | 29.0% | -1.8% |
| 净利润同比 | 116.4% | -75.2% |
| 每股收益（稀释后） | $0.10 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GRNDRMAX
| Q4 25 | $126.0M | $71.1M | ||
| Q3 25 | $115.8M | $73.2M | ||
| Q2 25 | $104.2M | $72.8M | ||
| Q1 25 | $93.9M | $74.5M | ||
| Q4 24 | $97.6M | $72.5M | ||
| Q3 24 | $89.3M | $78.5M | ||
| Q2 24 | $82.3M | $78.5M | ||
| Q1 24 | $75.3M | $78.3M |
净利润GRNDRMAX
| Q4 25 | $20.3M | $1.4M | ||
| Q3 25 | $30.8M | $4.0M | ||
| Q2 25 | $16.6M | $4.7M | ||
| Q1 25 | $27.0M | $-2.0M | ||
| Q4 24 | $-123.9M | $5.8M | ||
| Q3 24 | $24.7M | $966.0K | ||
| Q2 24 | $-22.4M | $3.7M | ||
| Q1 24 | $-9.4M | $-3.4M |
营业利润率GRNDRMAX
| Q4 25 | 24.9% | 13.1% | ||
| Q3 25 | 39.1% | 25.0% | ||
| Q2 25 | 23.4% | 19.3% | ||
| Q1 25 | 27.0% | 7.2% | ||
| Q4 24 | 20.9% | 5.9% | ||
| Q3 24 | 31.8% | 19.4% | ||
| Q2 24 | 29.8% | 20.6% | ||
| Q1 24 | 25.6% | 5.8% |
净利率GRNDRMAX
| Q4 25 | 16.1% | 2.0% | ||
| Q3 25 | 26.6% | 5.4% | ||
| Q2 25 | 16.0% | 6.4% | ||
| Q1 25 | 28.8% | -2.6% | ||
| Q4 24 | -126.9% | 8.0% | ||
| Q3 24 | 27.6% | 1.2% | ||
| Q2 24 | -27.2% | 4.7% | ||
| Q1 24 | -12.5% | -4.3% |
每股收益（稀释后）GRNDRMAX
| Q4 25 | $0.10 | — | ||
| Q3 25 | $0.16 | — | ||
| Q2 25 | $0.08 | — | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $-0.65 | — | ||
| Q3 24 | $0.09 | — | ||
| Q2 24 | $-0.13 | — | ||
| Q1 24 | $-0.05 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $87.0M | $118.7M |
| 总债务越低越好 | $395.9M | $432.2M |
| 股东权益账面价值 | $47.0M | $452.4M |
| 总资产 | $531.0M | $582.5M |
| 负债/权益比越低杠杆越低 | 8.42× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资GRNDRMAX
| Q4 25 | $87.0M | $118.7M | ||
| Q3 25 | $6.3M | $107.5M | ||
| Q2 25 | $120.8M | $94.3M | ||
| Q1 25 | $255.9M | $89.1M | ||
| Q4 24 | $59.2M | $96.6M | ||
| Q3 24 | $39.1M | $83.8M | ||
| Q2 24 | $16.3M | $66.1M | ||
| Q1 24 | $21.5M | $82.1M |
总债务GRNDRMAX
| Q4 25 | $395.9M | $432.2M | ||
| Q3 25 | $279.9M | $433.3M | ||
| Q2 25 | $283.5M | $434.4M | ||
| Q1 25 | $287.0M | $435.3M | ||
| Q4 24 | $290.6M | $436.2M | ||
| Q3 24 | $294.1M | $437.2M | ||
| Q2 24 | $297.7M | $438.1M | ||
| Q1 24 | $315.0M | $439.0M |
股东权益GRNDRMAX
| Q4 25 | $47.0M | $452.4M | ||
| Q3 25 | $71.0M | $448.1M | ||
| Q2 25 | $187.7M | $442.4M | ||
| Q1 25 | $319.8M | $433.5M | ||
| Q4 24 | $-131.6M | $429.5M | ||
| Q3 24 | $-13.4M | $423.1M | ||
| Q2 24 | $-41.7M | $418.4M | ||
| Q1 24 | $-22.0M | $412.0M |
总资产GRNDRMAX
| Q4 25 | $531.0M | $582.5M | ||
| Q3 25 | $439.2M | $582.2M | ||
| Q2 25 | $547.6M | $574.8M | ||
| Q1 25 | $679.4M | $571.4M | ||
| Q4 24 | $479.1M | $581.6M | ||
| Q3 24 | $456.3M | $578.6M | ||
| Q2 24 | $435.0M | $571.4M | ||
| Q1 24 | $437.7M | $566.7M |
负债/权益比GRNDRMAX
| Q4 25 | 8.42× | 0.96× | ||
| Q3 25 | 3.94× | 0.97× | ||
| Q2 25 | 1.51× | 0.98× | ||
| Q1 25 | 0.90× | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $24.8M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $24.5M | $33.5M |
| 自由现金流率自由现金流/营收 | 19.5% | 47.1% |
| 资本支出强度资本支出/营收 | 0.2% | 10.4% |
| 现金转化率经营现金流/净利润 | 1.22× | 28.39× |
| 过去12个月自由现金流最近4个季度 | $140.8M | $56.8M |
8季度趋势，按日历期对齐
经营现金流GRNDRMAX
| Q4 25 | $24.8M | $40.9M | ||
| Q3 25 | $55.4M | $17.7M | ||
| Q2 25 | $37.5M | $4.6M | ||
| Q1 25 | $23.8M | $5.7M | ||
| Q4 24 | $29.5M | $59.7M | ||
| Q3 24 | $29.1M | $17.6M | ||
| Q2 24 | $15.8M | $15.9M | ||
| Q1 24 | $20.4M | $9.4M |
自由现金流GRNDRMAX
| Q4 25 | $24.5M | $33.5M | ||
| Q3 25 | $55.2M | $16.4M | ||
| Q2 25 | $37.3M | $2.9M | ||
| Q1 25 | $23.7M | $4.0M | ||
| Q4 24 | $29.3M | $53.0M | ||
| Q3 24 | $28.8M | $16.3M | ||
| Q2 24 | $15.7M | $14.0M | ||
| Q1 24 | $20.3M | $6.8M |
自由现金流率GRNDRMAX
| Q4 25 | 19.5% | 47.1% | ||
| Q3 25 | 47.7% | 22.4% | ||
| Q2 25 | 35.8% | 4.0% | ||
| Q1 25 | 25.2% | 5.3% | ||
| Q4 24 | 30.0% | 73.2% | ||
| Q3 24 | 32.2% | 20.8% | ||
| Q2 24 | 19.0% | 17.8% | ||
| Q1 24 | 26.9% | 8.6% |
资本支出强度GRNDRMAX
| Q4 25 | 0.2% | 10.4% | ||
| Q3 25 | 0.2% | 1.8% | ||
| Q2 25 | 0.2% | 2.2% | ||
| Q1 25 | 0.1% | 2.3% | ||
| Q4 24 | 0.3% | 9.1% | ||
| Q3 24 | 0.4% | 1.7% | ||
| Q2 24 | 0.2% | 2.4% | ||
| Q1 24 | 0.3% | 3.3% |
现金转化率GRNDRMAX
| Q4 25 | 1.22× | 28.39× | ||
| Q3 25 | 1.80× | 4.45× | ||
| Q2 25 | 2.25× | 0.97× | ||
| Q1 25 | 0.88× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | 1.18× | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GRND
| License And Service | $102.9M | 82% |
| Advertising | $23.1M | 18% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
