Forge Global Holdings Inc. | Micro-cap | Financial Services
$16.52
-0.24%
| Forge Global Stock Comparison:
Forge Global vs Morgan StanleyForge Global vs Goldman SachsForge Global vs BtcsForge Global vs FTAC EmeraldForge Global vs Metal AlphaForge Global vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 25.3M
Gross Profit -4.4M -17.34%
Operating Income -16.5M -65.11%
Net Income -16.2M -64.03%
EPS (Diluted) $-1.29

Balance Sheet Metrics

Total Assets 249.5M
Total Liabilities 32.7M
Shareholders Equity 216.8M
Debt to Equity 0.15

Cash Flow Metrics

Operating Cash Flow -9.9M
Free Cash Flow -12.9M

Revenue & Profitability Trend

Forge Global Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i79.3M69.4M68.9M125.0M47.8M
Cost of Goods Sold i113.7M----
Gross Profit i-34.3M----
Gross Margin % i-43.3%0.0%0.0%0.0%0.0%
Operating Expenses
Research & Development i----4.6M
Selling, General & Administrative i41.3M153.9M192.8M128.5M45.1M
Other Operating Expenses i--11.5M8.2M4.6M
Total Operating Expenses i41.3M153.9M204.3M136.8M54.3M
Operating Income i-82.3M-91.4M-129.9M-8.9M-4.3M
Operating Margin % i-103.7%-131.8%-188.6%-7.1%-9.1%
Non-Operating Items
Interest Income i5.7M----
Interest Expense i----2.4M
Other Non-Operating Income9.8M-5.7M15.7M-6.9M-3.8M
Pre-tax Income i-66.8M-90.7M-111.6M-18.1M-10.5M
Income Tax i1.1M819.0K327.0K386.0K-803.0K
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-67.8M-91.5M-111.9M-18.5M-9.7M
Net Margin % i-85.5%-131.9%-162.4%-14.8%-20.3%
Key Metrics
EBITDA i-82.4M-74.9M-134.6M6.2M3.3M
EPS (Basic) i$-5.40$-0.52$-0.78$-0.11$-0.06
EPS (Diluted) i$-5.40$-0.52$-0.80$-0.11$-0.06
Basic Shares Outstanding i12210684173402167143839981169223826169223826
Diluted Shares Outstanding i12210684173402167143839981169223826169223826

Income Statement Trend

Forge Global Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i105.1M144.7M193.1M74.8M40.6M
Short-term Investments i1.1M7.7M0-0
Accounts Receivable i4.7M4.1M3.5M5.4M5.7M
Inventory i-----
Other Current Assets579.0K2.2M2.2M2.0M1.4M
Total Current Assets i119.2M163.1M206.9M88.1M91.4M
Non-Current Assets
Property, Plant & Equipment i5.1M4.3M5.7M7.9M9.0M
Goodwill i247.4M250.9M254.8M261.4M263.0M
Intangible Assets i5.5M9.0M12.9M19.5M21.0M
Long-term Investments-----
Other Non-Current Assets2.4M2.6M1.9M7.5M1.5M
Total Non-Current Assets i144.3M147.6M156.8M169.8M167.1M
Total Assets i263.5M310.7M363.7M257.9M258.5M
Liabilities
Current Liabilities
Accounts Payable i1.9M1.8M2.8M1.9M2.6M
Short-term Debt i3.5M2.5M3.9M5.4M6.0M
Current Portion of Long-term Debt-----
Other Current Liabilities1.4M4.2M4.1M4.0M2.3M
Total Current Liabilities i25.1M24.2M26.4M38.0M68.4M
Non-Current Liabilities
Long-term Debt i11.1M8.3M10.9M18.6M39.0M
Deferred Tax Liabilities i-----
Other Non-Current Liabilities322.0K9.8M971.0K7.8M1.8M
Total Non-Current Liabilities i11.6M18.1M11.9M26.5M40.8M
Total Liabilities i36.8M42.3M38.3M64.5M109.2M
Equity
Common Stock i19.0K18.0K18.0K00
Retained Earnings i-347.0M-280.6M-190.4M-78.6M-60.1M
Treasury Stock i625.0K625.0K0--
Other Equity-----
Total Shareholders Equity i226.7M268.4M325.5M193.4M149.3M
Key Metrics
Total Debt i14.6M10.8M14.8M24.0M45.0M
Working Capital i94.0M138.9M180.5M50.1M23.0M

Balance Sheet Composition

Forge Global Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-67.8M-91.5M-111.9M-18.5M-9.7M
Depreciation & Amortization i9.3M10.1M10.0M8.2M4.0M
Stock-Based Compensation i30.5M34.3M57.9M12.2M4.9M
Working Capital Changes i-3.2M-6.2M-10.4M4.2M-2.9M
Operating Cash Flow i-31.2M-51.3M-51.3M6.3M-3.2M
Investing Activities
Capital Expenditures i-792.0K-527.0K-220.0K0-13.0K
Acquisitions i--00-19.2M
Investment Purchases i0-9.7M00-
Investment Sales i6.6M2.1M00-
Investing Cash Flow i5.8M-8.2M-220.0K0-22.2M
Financing Activities
Share Repurchases i-----
Dividends Paid i-----
Debt Issuance i--0025.6M
Debt Repayment i-00-19.4M-27.7M
Financing Cash Flow i-4.4M-653.0K169.0M25.0M39.4M
Free Cash Flow i-41.6M-42.0M-75.5M7.6M-3.7M
Net Change in Cash i-29.9M-60.2M117.5M31.2M13.9M

Cash Flow Trend

Forge Global Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 36.33
Forward P/E -75.27
Price to Book 1.02
Price to Sales 2.48
PEG Ratio 3.11

Profitability Ratios

Profit Margin -69.06%
Operating Margin -39.10%
Return on Equity -27.97%
Return on Assets -14.96%

Financial Health

Current Ratio 3.98
Debt to Equity 2.58
Beta 2.25

Per Share Data

EPS (TTM) $-4.78
Book Value per Share $16.17
Revenue per Share $7.32

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
frge224.5M36.331.02-27.97%-69.06%2.58
Morgan Stanley 251.6B17.592.5214.13%22.49%438.54
Goldman Sachs 239.1B17.172.2712.74%28.40%588.39
Btcs 246.0M6.243.96-62.91%-268.37%28.33
FTAC Emerald 194.4M218.802.08-88.66%0.00%90.30
Metal Alpha 148.5M8.983.9459.52%35.67%0.58

Financial data is updated regularly. All figures are in the company's reporting currency.