GRSD
Grandstand Limited
NasdaqGMUSDEQUITY
Consumer Cyclical
DELAYED
Sell
-50/100
Last price
1.51
▼ 0.04 (2.58%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
1.55
Day high
1.57
Day low
1.51
Volume
186.15K
Market cap
$53.75M
P/E (TTM)
—
52W range
1.45 – 8.10
Trailing performance
Returnvs SPY
1W
-1.31%
-3.3%
1M
-20.53%
-21.7%
3M
-23.35%
-27.9%
6M
-59.95%
-78.1%
YTD
-72.34%
-86.6%
1Y
-81.83%
-98.2%
3Y
-88.46%
-170.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on GRSD open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
14.10M
Total on file
Fundamentals
Market cap$53.75M
Enterprise value$170.83M
Revenue (TTM)$163.42M
Gross profit$141.10M
EBITDA$29.41M
Net income$-36.55M
EPS (TTM)$-1.03
Free cash flow$13.99M
Total cash$9.38M
Total debt$126.45M
Book value / share$2.94
Shares outstanding35.60M
Float19.57M
Short % of float4.65%
Dividend yield0.00%
Beta (5Y)0.57
Valuation & profitability ratios
Trailing P/E—
Forward P/E2.48
PEG ratio—
Price / sales—
Price / book0.51
EV / revenue1.05
EV / EBITDA5.81
Gross margin86.34%
Operating margin6.44%
Profit margin-22.36%
Return on equity-29.92%
Return on assets4.91%
Debt / equity120.84
Current ratio0.59
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $165.45M | $127.18M | $108.65M | $76.51M | — | +30.1% |
| Operating revenue | $165.45M | $127.18M | $108.65M | $76.51M | — | +30.1% |
| Cost of revenue | $15.26M | $7.54M | $9.11M | $2.96M | — | +102.5% |
| Gross profit | $150.19M | $119.65M | $99.54M | $73.55M | — | +25.5% |
| Research & development | — | — | $10.29M | $6.76M | $3.95M | — |
| Selling, general & admin | $99.61M | $73.15M | $65.19M | $51.28M | — | +36.2% |
| Total operating expense | $118.35M | $81.82M | $70.00M | $60.28M | — | +44.6% |
| Operating income | $31.84M | $37.83M | $29.54M | $13.27M | — | -15.8% |
| Net interest income | -$8.34M | -$2.84M | -$714.00K | -$1.07M | — | -193.5% |
| Pre-tax income | -$32.41M | $34.15M | $20.14M | $2.90M | — | -194.9% |
| Tax provision | $522.00K | $3.47M | $1.88M | $510.00K | — | -85.0% |
| Net income | -$32.93M | $30.68M | $18.26M | $2.39M | — | -207.3% |
| Net income to common | -$32.93M | $30.68M | $18.26M | $2.39M | — | -207.3% |
| Basic EPS | -0.93 | 0.85 | 0.49 | 0.07 | — | -209.4% |
| Diluted EPS | -0.93 | 0.84 | 0.47 | 0.07 | — | -210.7% |
| EBIT | -$24.80M | $36.95M | $21.04M | $3.87M | — | -167.1% |
| EBITDA | -$10.39M | $42.75M | $23.13M | $10.83M | — | -124.3% |
| Basic shares | 35.48M | 36.03M | 37.08M | 36.47M | — | -1.5% |
| Diluted shares | 35.48M | 36.34M | 38.54M | 36.47M | — | -2.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $15.81M | $13.73M | $25.43M | $29.66M | — | +15.2% |
| Cash & short-term investments | $15.81M | $13.73M | $25.43M | $29.66M | — | +15.2% |
| Accounts receivable | $21.11M | $17.93M | $19.01M | $9.84M | — | +17.7% |
| Inventory | — | — | $0 | $75.00K | $0 | — |
| Total current assets | $42.30M | $34.89M | $47.37M | $41.96M | — | +21.2% |
| Property, plant & equipment | $6.42M | $6.46M | $2.37M | $2.53M | — | -0.6% |
| Goodwill & intangibles | $245.68M | $130.81M | $98.00M | $88.52M | — | +87.8% |
| Total assets | $299.67M | $178.58M | $154.87M | $138.88M | — | +67.8% |
| Total current liabilities | $35.04M | $29.74M | $32.75M | $31.71M | — | +17.8% |
| Current debt | $10.01M | $3.35M | — | — | $5.94M | +199.0% |
| Long-term debt | $108.62M | $19.58M | — | — | — | +454.7% |
| Total debt | $123.42M | $27.96M | $1.72M | $2.07M | — | +341.4% |
| Total liabilities | $191.72M | $55.40M | $35.95M | $51.77M | — | +246.1% |
| Retained earnings | $42.41M | $75.34M | $44.66M | $26.40M | — | -43.7% |
| Shareholder equity | $107.95M | $123.19M | $118.92M | $87.11M | — | -12.4% |
| Working capital | $7.26M | $5.15M | $14.62M | $10.25M | — | +40.9% |
| Net tangible assets | -$137.73M | -$7.62M | $20.92M | -$1.41M | — | -1,706.7% |
| Shares issued | 35.77M | 37.73M | 37.22M | 36.47M | — | -5.2% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$32.41M | $34.15M | $20.14M | $2.90M | -194.9% |
| Depreciation & amortisation | $14.42M | $5.80M | $2.09M | $6.96M | +148.5% |
| Stock-based compensation | $6.94M | $4.95M | $3.61M | $3.21M | +40.1% |
| Change in working capital | -$2.87M | -$215.00K | -$6.07M | -$2.70M | -1,235.8% |
| Operating cash flow | $19.10M | $37.64M | $17.91M | $18.75M | -49.2% |
| Capital expenditure | -$4.76M | -$24.29M | -$9.24M | -$9.29M | +80.4% |
| Investing cash flow | -$98.94M | -$43.84M | -$19.47M | -$32.70M | -125.7% |
| Share buybacks | -$5.58M | -$27.08M | -$2.57M | -$348.00K | +79.4% |
| Dividends paid | $0 | $0 | $0 | $0 | — |
| Financing cash flow | $81.47M | -$5.24M | -$3.14M | -$7.31M | +1,653.5% |
| Free cash flow | $14.35M | $13.35M | $8.67M | $9.47M | +7.5% |
| End cash position | $15.81M | $13.73M | $25.43M | $29.66M | +15.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $37.76M | $40.44M | $46.24M | $38.98M | $39.59M | -6.6% |
| Operating revenue | $37.76M | $40.44M | $46.24M | $38.98M | $39.59M | -6.6% |
| Cost of revenue | $5.93M | $6.09M | $6.89M | $3.41M | $2.71M | -2.5% |
| Gross profit | $31.83M | $34.35M | $39.34M | $35.57M | $36.88M | -7.3% |
| Selling, general & admin | $24.31M | $25.74M | $29.94M | $23.56M | $25.23M | -5.5% |
| Total operating expense | $29.78M | $31.09M | $30.41M | $29.48M | $29.71M | -4.2% |
| Operating income | $2.05M | $3.27M | $8.93M | $6.09M | $7.17M | -37.2% |
| Net interest income | -$2.96M | -$3.38M | -$9.83M | -$2.02M | -$1.91M | +12.5% |
| Pre-tax income | -$4.29M | $52.00K | -$27.64M | -$3.46M | -$12.26M | -8,351.9% |
| Tax provision | $335.00K | $1.23M | -$750.00K | $399.00K | $1.16M | -72.7% |
| Net income | -$4.63M | -$1.18M | -$26.89M | -$3.86M | -$13.41M | -293.7% |
| Net income to common | -$4.63M | -$1.18M | -$26.89M | -$3.86M | -$13.41M | -293.7% |
| Basic EPS | -0.13 | -0.03 | -0.77 | -0.11 | -0.38 | -333.3% |
| Diluted EPS | -0.13 | -0.03 | -0.77 | -0.11 | -0.38 | -333.3% |
| EBIT | -$1.13M | $3.28M | -$27.38M | -$932.00K | -$10.49M | -134.4% |
| EBITDA | $2.21M | $7.10M | -$23.69M | $2.65M | -$7.12M | -68.9% |
| Basic shares | 35.50M | 35.23M | 35.09M | 35.58M | 35.68M | +0.8% |
| Diluted shares | 35.50M | 35.23M | 35.09M | 35.58M | 35.68M | +0.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $8.81M | $8.41M | $15.81M | $7.36M | $18.67M | +4.7% |
| Cash & short-term investments | $8.81M | $8.41M | $15.81M | $7.36M | $18.67M | +4.7% |
| Accounts receivable | $18.32M | $22.86M | $21.11M | $23.90M | $17.36M | -19.9% |
| Total current assets | $33.82M | $38.16M | $42.30M | $31.26M | $41.17M | -11.4% |
| Property, plant & equipment | $5.63M | $5.94M | $6.42M | $6.78M | $6.98M | -5.2% |
| Goodwill & intangibles | $239.26M | $241.44M | $245.68M | $261.92M | $255.07M | -0.9% |
| Total assets | $284.42M | $290.65M | $299.67M | $305.12M | $308.96M | -2.1% |
| Total current liabilities | $56.93M | $29.20M | $35.04M | $67.67M | $70.06M | +94.9% |
| Current debt | $10.11M | $10.06M | $10.01M | $9.99M | $14.45M | +0.5% |
| Long-term debt | $112.21M | $106.44M | $108.62M | $73.11M | $75.82M | +5.4% |
| Total debt | $126.45M | $120.91M | $123.42M | $88.20M | $95.57M | +4.6% |
| Total liabilities | $179.78M | $183.51M | $191.72M | $171.43M | $169.28M | -2.0% |
| Retained earnings | $36.61M | $41.23M | $42.41M | $69.30M | $73.16M | -11.2% |
| Shareholder equity | $104.64M | $107.15M | $107.95M | $133.68M | $139.68M | -2.3% |
| Working capital | -$23.11M | $8.96M | $7.26M | -$36.42M | -$28.89M | -358.0% |
| Net tangible assets | -$134.61M | -$134.30M | -$137.73M | -$128.23M | -$115.39M | -0.2% |
| Shares issued | 35.60M | 35.92M | 35.77M | 39.02M | 39.00M | -0.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | -$4.29M | $52.00K | -$27.64M | -$3.46M | -$12.26M | — | -8,351.9% |
| Depreciation & amortisation | $3.34M | $3.82M | $3.69M | $3.58M | $3.37M | — | -12.6% |
| Stock-based compensation | $1.88M | — | $1.58M | $1.73M | $2.22M | $1.41M | — |
| Change in working capital | $6.83M | -$1.50M | -$2.69M | $1.75M | $2.42M | — | +555.0% |
| Operating cash flow | $1.79M | $914.00K | -$9.95M | $10.91M | $9.36M | — | +95.6% |
| Capital expenditure | -$1.41M | -$1.40M | -$1.15M | -$1.28M | -$1.19M | — | -1.0% |
| Investing cash flow | -$4.13M | -$3.06M | -$14.25M | -$8.01M | -$11.64M | — | -34.6% |
| Share buybacks | — | — | -$1.05M | -$4.53M | $0 | $0 | — |
| Dividends paid | $0 | $0 | $0 | $0 | $0 | — | — |
| Financing cash flow | $2.88M | -$5.11M | $32.77M | -$14.16M | -$1.17M | — | +156.5% |
| Free cash flow | $375.00K | -$485.00K | -$11.10M | $9.63M | $8.17M | — | +177.3% |
| End cash position | $8.81M | $8.41M | $15.81M | $7.36M | $18.67M | — | +4.7% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
2.50
+65.6% from spot
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
3
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
2.50
5 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.03 | 0.05 | +78.5% |
| Mar 2026 | 0.12 | 0.09 | -27.3% |
| Dec 2025 | 0.20 | 0.30 | +48.4% |
| Sep 2025 | 0.16 | 0.26 | +58.3% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.11 | 4 | $41.29M | +5.9% |
| Next quarter | 0.21 | 4 | $45.86M | -0.8% |
| Current year | 0.43 | 4 | $165.35M | -0.1% |
| Next year | 0.61 | 4 | $179.96M | +8.8% |
Analyst targets & ownership
Mean target$4.43
High target$6.00
Low target$3.00
Implied upside193.28%
Analyst count7
ConsensusBUY
Strong buy / Buy1 / 5
Hold2
Sell / Strong sell0 / 0
Held by insiders39.60%
Held by institutions34.69%
Institutions holding112
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
1.53
-1.31% from price
SMA 20
1.62
-6.76% from price
SMA 50
1.81
-16.69% from price
SMA 100
2.01
-24.99% from price
SMA 200
3.19
-52.72% from price
EMA 12
1.56
-3.15% from price
EMA 26
1.65
-8.71% from price
EMA 50
1.80
-16.20% from price
RSI (14)
34.5
Neutral
MACD (12,26,9)
-0.09
Hist 0.00
ATR (14)
0.07
4.45% of price
Realised vol 30D
40.7%
Annualised
Bollinger upper
1.84
20, 2σ
Bollinger lower
1.40
20, 2σ
50 / 200 cross
Death
1.81 vs 3.19
Trend bias
Below 200
-52.72%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.54
More volatile than market
Correlation to SPY
0.28
Largely independent
Realised vol 30D
40.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-82.0%
Peak to trough
Max drawdown 5Y
-91.2%
Peak to trough
ATR 14
0.07
4.45% of price
Beta (reported)
0.57
5Y monthly, from filing
Short interest
Shares short
1.04M
Prior 957.03K
Change vs prior
+8.7%
Shorts adding
% of float
4.65%
Normal
% of shares out
2.92%
Against total outstanding
Days to cover
5.6
Crowded exit
Float
19.57M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 20, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| May 15, 26 | Macquarie | MAINTAINED | Outperform | Outperform |
| May 15, 26 | Benchmark | DOWNGRADE | Buy | Speculative Buy |
| Apr 9, 26 | Stifel | MAINTAINED | Buy | Buy |
| Mar 13, 26 | Jefferies | MAINTAINED | Buy | Buy |
| Mar 13, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| Mar 13, 26 | Stifel | MAINTAINED | Buy | Buy |
| Mar 13, 26 | Benchmark | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—
SEC filings
Headlines
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PRIVATE STRATEGY · BY QUALIFICATION
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