Stocks Consumer discretionary GRSD
NASDAQ · Consumer discretionaryGRANDSTAND Ltd (GRSD)
GRANDSTAND Ltd reported revenue of $165.4M in fiscal 2025, up 30.1% from a year earlier. It posted a net loss of $32.9M. Operating cash flow minus capital spending left $18.2M of free cash flow in fiscal 2025. At December 31, 2025 it held $15.8M in cash against $118.6M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 19, 2026.
Key facts about GRANDSTAND Ltd
- Net worth
- GRANDSTAND Ltd has a market value (market cap) of $32.3M at the latest share price, and shareholders' equity of $108M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $165.4M (+30.1% year on year), with a net loss of $32.9M.
- Cash flow
- In fiscal 2025 operations brought in $19.1M of cash; after $863K of capital spending, free cash flow was $18.2M.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on March 19, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What GRANDSTAND Ltd does
GRANDSTAND Ltd is registered with the SEC under industry code SIC 7990 (Services-Miscellaneous Amusement & Recreation). Its shares trade on NASDAQ under the ticker GRSD.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $165.4M | -$32.9M | -$0.93 | $18.2M |
| 2024 | $127.2M | $30.7M | $0.84 | $36.3M |
| 2024 | $108.7M | $18.3M | $0.47 | $17.5M |
| 2022 | $76.5M | $2.4M | $0.06 | $18.4M |
| 2021 | $42.3M | $12.5M | $0.37 | $13.7M |
| 2021 | $28M | $15.2M | $0.49 | $10.8M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where GRSD ranks in Consumer discretionary
Latest SEC filings
What GRANDSTAND Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 13, 2026
- August 13, 2026
- July 22, 2026
- May 21, 2026
- May 14, 2026
- May 14, 2026
- May 4, 2026Passive stake (5% or more) SCHEDULE 13G
- April 21, 2026
- April 21, 2026
- March 26, 2026
Insider trades
What the people running GRANDSTAND Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 21, 2026 | Costello FintanDirector | Received as pay | 67,751 | - |
| May 21, 2026 | Quartieri MichaelDirector | Received as pay | 67,751 | - |
| April 15, 2026 | Gillespie CharlesCEO, Director | Bought | 3,860 | $12.5K |
| April 15, 2026 | McCrystle Kevin RossCOO, Director | Bought | 738 | $2.4K |
| April 15, 2026 | Mark Martin EliasCFO | Bought | 3,860 | $12.5K |
| April 6, 2026 | Gillespie CharlesCEO | Exercised options | 22,757 | $87.2K |
| April 6, 2026 | Mark Martin EliasCFO | Exercised options | 11,508 | $44.1K |
| April 6, 2026 | McCrystle Kevin RossCOO | Exercised options | 10,011 | $38.3K |
Who owns GRSD
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Charles Gillespie13G, passive with 1 related filers | 11.1% | November 25, 2025 |
| AWM Investment Company, Inc.13G, passive | 7.1% | May 4, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 85 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| AWM Investment Company, Inc. | 2,667,343 | +180,866 |
| Jane Street Group, LLC | 584,688 | +370,281 |
| Prescott Group Capital Management, L.L.C. | 527,959 | +100,000 |
| Aqr Capital Management LLC | 492,677 | +230,727 |
| Legal & General Group Plc | 477,157 | +212,513 |
| UBS Group AG | 457,026 | +112,480 |
| Marshall Wace, Llp | 385,149 | new |
| Pennington Partners & CO., LLC | 341,865 | new |
| BlackRock, Inc. | 309,235 | -735,442 |
| Divisadero Street Capital Management, LP | 305,694 | 0 |
| Diversified Investment Strategies, LLC | 300,000 | 0 |
| Morgan Stanley | 270,707 | -371,392 |
| Susquehanna International Group, Llp | 260,776 | -51,581 |
| Jump Financial, LLC | 246,589 | +96,883 |
| Cornerstone Wealth Group, LLC | 197,776 | -122 |
| Goldman Sachs Group Inc | 179,048 | -243,189 |
| Ameriprise Financial Inc | 151,260 | -16,118 |
| Topsail Wealth Management, LLC | 148,512 | 0 |
| Ridgewood Investments LLC | 135,000 | +50,000 |
| Tocqueville Asset Management L.P. | 130,000 | -130,000 |
Insiders
6 insiders reported holding 2,246,231 shares in total, about $2.1M at the last price.
| Holder | Shares |
|---|---|
| McCrystle Kevin RossCOO, Director | 1,001,885 |
| Mark Martin EliasCFO | 803,256 |
| Gillespie CharlesCEO, Director | 226,641 |
| Costello FintanDirector | 106,120 |
| Quartieri MichaelDirector | 105,514 |
| Monaghan EllenSVP People | 2,815 |
Questions about GRSD
What does GRANDSTAND Ltd do?
GRANDSTAND Ltd is a company in the Consumer discretionary sector, listed on NASDAQ as GRSD. Its shares trade on NASDAQ under the ticker GRSD.
What is GRANDSTAND Ltd's net worth?
GRANDSTAND Ltd has a market value (market cap) of $32.3M at the latest share price, and shareholders' equity of $108M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is GRANDSTAND Ltd profitable?
No. In fiscal 2025 it reported a net loss of $32.9M on revenue of $165.4M.
How much revenue does GRANDSTAND Ltd make?
In fiscal 2025 GRANDSTAND Ltd reported revenue of $165.4M. That is 30.1% more than a year earlier.
When did GRANDSTAND Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 19, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 13, 2026.
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Where the numbers come from
Financial figures are the values GRANDSTAND Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.