Financial Snapshot

Revenue
$79.80M
TTM
Gross Margin
99.34%
TTM
Net Earnings
-$76.49M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
537.1%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$238.3M
Q3 2024
Cash
Q3 2024
P/E
-2.407
Nov 29, 2024 EST
Free Cash Flow
-$40.46M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $69.82M $69.38M $0.00 $0.00
YoY Change 0.63%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $69.82M $69.38M $0.00 $0.00
Cost Of Revenue $431.0K $483.0K $3.034M $3.888M
Gross Profit $69.39M $68.90M $125.0M $47.76M
Gross Profit Margin 99.38% 99.3%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $153.3M $174.6M $6.829M $35.00K
YoY Change -12.22% 2457.02% 19411.57%
% of Gross Profit 220.91% 253.44% 5.46% 0.07%
Research & Development $14.51M $11.49M $8.243M $4.616M
YoY Change 26.27% 39.38% 78.57%
% of Gross Profit 20.91% 16.67% 6.59% 9.67%
Depreciation & Amortization $6.954M $6.026M $5.390M $2.406M
YoY Change 15.4% 11.8% 124.02%
% of Gross Profit 10.02% 8.75% 4.31% 5.04%
Operating Expenses $160.2M $203.9M $6.829M $35.00K
YoY Change -21.43% 2886.36% 19411.57%
Operating Profit -$90.85M -$135.0M -$6.829M $47.72M
YoY Change -32.72% 1877.43% -114.31%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $6.421M $2.681M $16.19M -$10.64M
YoY Change 139.5% -83.44% -252.21%
% of Operating Profit -22.29%
Other Income/Expense, Net -$5.702M $23.46M -$6.017M -$493.0K
YoY Change -124.3% -489.93% 1120.49%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income -$90.73M -$111.6M $9.364M -$11.80M
YoY Change -18.68% -1291.6% -179.36%
Income Tax $819.0K $327.0K $386.0K -$803.0K
% Of Pretax Income 4.12%
Net Earnings -$90.22M -$111.9M $9.364M -$11.80M
YoY Change -19.34% -1294.6% -179.36%
Net Earnings / Revenue -129.22% -161.22%
Basic Earnings Per Share -$0.52 -$0.78 -$0.34 -$0.26
Diluted Earnings Per Share -$0.52 -$0.80 $180.9K -$228.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $144.7M $193.1M $254.7K $1.675M
YoY Change -25.07% 75719.89% -84.79%
Cash & Equivalents $144.7M $193.1M $74.78M $40.58M
Short-Term Investments
Other Short-Term Assets $14.32M $10.20M $274.2K $651.6K
YoY Change 40.3% 3620.6% -57.92%
Inventory
Prepaid Expenses
Receivables $4.067M $3.544M $5.380M $5.741M
Other Receivables $0.00 $5.000K $1.153M $39.35M
Total Short-Term Assets $163.1M $206.9M $529.0K $2.326M
YoY Change -21.16% 39012.22% -77.26%
Property, Plant & Equipment $9.500M $6.065M $8.378M $9.880M
YoY Change 56.64% -27.61% -15.2%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $414.1M $414.0M
YoY Change 0.02%
Other Assets $8.208M $9.249M $20.97M $15.28M
YoY Change -11.26% -55.89% 37.19%
Total Long-Term Assets $147.6M $156.8M $414.1M $414.0M
YoY Change -5.87% -62.13% 0.02%
Total Assets $310.7M $363.7M $414.6M $416.3M
YoY Change
Accounts Payable $1.831M $2.797M $4.359M $960.00
YoY Change -34.54% -35.83% 453932.29%
Accrued Expenses $18.39M $20.06M $1.090M $415.6K
YoY Change -8.34% 1741.19% 162.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $5.000K $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $2.499M
YoY Change -100.0%
Total Short-Term Liabilities $24.21M $26.39M $5.448M $416.5K
YoY Change -8.24% 384.28% 1208.05%
Long-Term Debt $5.593M $7.371M $0.00 $0.00
YoY Change -24.12%
Other Long-Term Liabilities $12.51M $4.512M $38.92M $55.02M
YoY Change 177.22% -88.41% -29.26%
Total Long-Term Liabilities $18.10M $11.88M $38.92M $55.02M
YoY Change 52.33% -69.47% -29.26%
Total Liabilities $47.22M $44.34M $44.37M $55.44M
YoY Change 6.49% -0.06% -19.97%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 173.4M shares 143.8M shares 54.30M shares 37.31M shares
Diluted Shares Outstanding 173.4M shares 145.0M shares 54.30M shares 37.31M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $184.09 Million

About Forge Global Holdings, Inc.

Forge Global Holdings, Inc. engages in providing marketplace infrastructure, data services, and technology solutions for private market participants. The company is headquartered in San Francisco, California and currently employs 345 full-time employees. The company went IPO on 2020-10-02. The firm offers trading platforms, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors navigate and transact in the private market. Its solutions include trading solutions, custody solutions, and data solutions. Its trading solutions include Forge Markets, a platform that connects investors with private company shareholders and enables them to facilitate private share transactions. Its custody solutions include Forge Trust, a non-depository trust that enables clients to securely have custody and manage assets through an online portal. Its data solutions include Forge Data, which provides market participants with the information and insight to navigate, analyze and make investment decisions in the private market.

Industry: Security & Commodity Brokers, Dealers, Exchanges & Services Peers: Cohen & Co Inc.