Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.
Price updated todayFinancials updated Oct 23, 2026
Explore stock sections · swipe left or right
GRSD · Price history
Price at last available close
$1.15
−$0.40 (-25.81%) 1M
2026-10-27
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Grandstand Limited provides marketing and sports data services for the gambling industry in North America, the United Kingdom, Ireland, rest of Europe, and internationally. The company offers digital marketing, and consumer and enterprise data subscription services for iGaming and social casino products. It also provides intra group and ticketing services, as well as fantasy data.
How they make money
Grandstand Limited operates as a performance marketing and digital media company that generates revenue primarily through affiliate marketing, where it refers users to online sports betting and iGaming operators. The company earns fees based on cost-per-acquisition (CPA) models, revenue share agreements, and hybrid arrangements, leveraging its portfolio of media brands to drive traffic and provide data-driven insights to the gaming industry.
Products & services
The company provides digital marketing services, performance-based lead generation, and data intelligence solutions for the sports, gaming, and entertainment sectors through its portfolio of media brands and proprietary technology platforms.
Brands & revenue mix
Gambling.com
Flagship brand providing information and reviews for the online gambling industry.
Separate brand revenue is not available in this research.Source
RotoWire
Provider of fantasy sports news and data.
Separate brand revenue is not available in this research.Source
Casinos.com
Online casino information and review portal.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
The company historically relies on a concentrated group of online gaming operators for a significant portion of its revenue, as disclosed in its 2025 annual filing.
Suppliers, materials & equipment
No supplier relationships were confirmed in the sources reviewed. This does not mean the company has no suppliers.
Strengths
Strong portfolio of established media brands in the gaming sectorSource
Risks
Regulatory changes in the online gambling and sports betting industrySource
Dependence on a limited number of major gaming operator partnersSource
Overall investment score · Quality, value, risk and opportunity
26
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
33
Poor
Financial Strength
32
Management
25
Growth Quality
43
Risk / Durability
35
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Model Outlook
12-month model · What does the model think happens next?
Outperformance analysis is not currently available.
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
A current Opportunity Score is not available.
The 12-month model outlook is not currently available.
What we like
•Asset quality scores strongly
•Insider activity signal is favorable
•Recent buyback activity is present
What to watch
•Valuation is a weaker part of the current profile
•Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for GRSD
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving GRSD's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•Is GRSD's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
•Is GRSD's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What specifically needs to improve for GRSD to reach sustainable profitability?
•What future growth or profitability would be needed to justify GRSD's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for GRSD
Detected from reported data — verify before acting.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on GRSD.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Strong portfolio of established media brands in the gaming sector.
+Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Advertising Agencies industry.
−Regulatory changes in the online gambling and sports betting industry.
−Dependence on a limited number of major gaming operator partners.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Weak26/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Poor
31
Debt Cost6.2%
Debt Reduction YoY-341.4%
Debt / Equity1.14x
Tap for breakdown →
Revenue
—
Revenue YoY-1.2%
Revenue CAGR—
Net Margin-22.4%
Tap for breakdown →
Asset
Elite
100
Asset Growth YoY67.8%
Liquidation/Share$2.95
Net Assets/MCap3.63x
Tap for breakdown →
Capital
Poor
33
Earnings Yield-84.0%
Buyback Yield12.8%
Debt Cost6.2%
Tap for breakdown →
Management
Poor
25
ROIC14.3%
ROE-34.9%
ROA-12.9%
Tap for breakdown →
Moat
—
EPS Growth—
FCF/Share Growth—
Rev/Share Growth—
Tap for breakdown →
Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
Tap for breakdown →
Buffett
—
Revenue—
Moat—
Valuation0
Tap for breakdown →
MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
Tap for breakdown →
Financial
Poor
7
Interest Coverage4.2x
ROIC14.3%
FCF Yield33.0%
Tap for breakdown →
Master
—
Financial7
Valuation0
Debt31
Tap for breakdown →
Resilience
Poor
34
Survival Years0.2 yrs
Current Ratio1.21x
FCF Margin8.7%
Tap for breakdown →
Was this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
YesNot yetDismiss
Score Changes
4 historical score records available
Previous Score
26
Oct 1, 2026
Change
Unchanged
Current Score
26
Oct 23, 2026
Category Changes
Debt0
Assets0
Capital0
Management0
Valuation0
GRSD score was unchanged.
Price vs. Value
Valuation unavailable
Current Price
$1.15
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
Revenue
$163.4M
$165.4M
Cost of Revenue
$22.3M
$15.3M
Gross Profit
$141.1M
$150.2M
Research & Development
$7.9M
$0.00
SG&A Expenses
$108.6M
$99.6M
Operating Expenses
$124.0M
$118.3M
EBITDA
-$8.2M
-$10.4M
Operating Income
$17.1M
$31.8M
Interest Expense
$8.6M
$7.6M
Income Before Tax
-$35.3M
-$32.4M
Income Tax Expense
$1.2M
$522K
Net Income
-$36.5M
-$32.9M
Basic EPS
$-1.04
$-0.93
Basic Shares
35.50M
35.48M
Diluted Shares
35.50M
35.48M
EarningsShare
Earnings Summary
Estimated earnings date:Nov 12, 2026
Estimated EPS: $0.07Estimated revenue: $41.2M
Jun 30, 2026Q2FY2026
Revenue
$37.8M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.13
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+4.6%
Cash Change
+4.7%
Margin Change
-9.3 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Cash position grew
What Weakened
Margins contracted
Debt increased
Potential Score Impact
Positive indicators included EPS growth, cash levels. Pressure indicators included revenue growth, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 6.6%. EPS increased 333.3%. Cash increased 4.7%. Total debt increased 4.6%. Net income margin declined by 9.3 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.