Forge Global Holdings Inc
General ticker "FRGE" information:
- Sector: Financials
- Industry: Capital Markets
- Capitalization: $190.4M
Forge Global Holdings Inc does not follow the US Stock Market performance with the rate: -29.7%.
Estimated limits based on current volatility of 3.7%: low 0.88$, high 0.95$
Factors to consider:
- Current price 59.2% below estimated low
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [2.16$, 5.71$]
- 2024-12-30 to 2025-12-30 estimated range: [1.71$, 4.82$]
Financial Metrics affecting the FRGE estimates:
- Negative: Non-GAAP EPS, $ of -0.48 <= 0.10
- Negative: Operating profit margin, % of -56.71 <= 1.03
- Negative: Operating cash flow per share per price, % of -6.58 <= 2.35
- Negative: negative Net income
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: Industry earnings per price (median), % of 7.04 > 5.96
- Positive: Industry operating profit margin (median), % of 28.03 > 11.86
Short-term FRGE quotes
Long-term FRGE plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $128.06MM | $69.38MM | $69.82MM |
| Operating Expenses | $137.84MM | $204.42MM | $161.27MM |
| Operating Income | $-9.79MM | $-135.04MM | $-91.45MM |
| Non-Operating Income | $-8.32MM | $23.46MM | $0.72MM |
| Interest Expense | $2.31MM | $0.00MM | $0.00MM |
| R&D Expense | $8.24MM | $0.00MM | $0.00MM |
| Income(Loss) | $-18.11MM | $-111.58MM | $-90.73MM |
| Taxes | $0.39MM | $0.33MM | $-0.51MM |
| Profit(Loss) | $-18.50MM | $-111.91MM | $-90.22MM |
| Stockholders Equity | $-52.64MM | $319.39MM | $263.51MM |
| Inventory | $4.79MM | $1.83MM | $0.00MM |
| Assets | $257.89MM | $363.73MM | $310.73MM |
| Operating Cash Flow | $-1.42MM | $-68.81MM | $-41.46MM |
| Capital expenditure | $3.26MM | $6.65MM | $0.53MM |
| Investing Cash Flow | $0.00MM | $-6.65MM | $-8.16MM |
| Financing Cash Flow | $0.00MM | $192.86MM | $0.06MM |
| Earnings Per Share* | $-0.34 | $-0.78 | $-0.52 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.