Forge Group, Inc. (FIGP)

Forge Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	32.31	31.91	27.97	26.2	22.17	31.53
Investments in Equity & Preferred Securities	2.42	6.06	8.14	8.78	9.99	6.95
Total Investments	38.53	37.97	36.11	34.98	32.16	38.48
Cash & Equivalents	11.63	10.6	6.97	6.36	7.93	4.18
Reinsurance Recoverable	2.1	2.01	0.69	1.07	0.92	1.2
Other Receivables	13.23	14.72	10.98	5.77	5.1	3.93
Deferred Policy Acquisition Cost	0.55	0.49	0.3	0.21	0.74	0.38
Property, Plant & Equipment	31.07	31.29	32.2	33.1	35.76	37.02
Goodwill	-	4.51	4.51	4.51	-	-
Other Intangible Assets	5.74	1.3	1.57	1.84	-	-
Restricted Cash	0.11	0.24	0.23	0.21	0.19	0.18
Long-Term Deferred Charges	2.6	-	-	2.22	4.59	2.4
Other Long-Term Assets	1.61	1.58	2.01	0.81	0.51	0.53
Total Assets	107.17	104.71	95.55	91.06	87.9	88.29
Accrued Expenses	3.01	2.85	2.44	1.47	1.73	1.33
Unpaid Claims	13.31	12.34	8.43	8.48	9.68	9.86
Unearned Premiums	17.07	15.67	10.28	6.32	4.39	3.3
Reinsurance Payable	0.2	0.09	0.04	0.05	0	0
Current Portion of Long-Term Debt	-	5.45	0.81	0.73	-	0.5
Short-Term Debt	-	-	-	-	0.4	-
Long-Term Debt	25.42	20.16	25.51	26.23	27.52	27.52
Long-Term Leases	0.26	0.3	0.73	0.87	2.57	2.83
Other Long-Term Liabilities	0.71	0.69	1.11	0.5	0.26	0.31
Total Liabilities	59.98	57.55	49.68	45.13	46.83	46.1
Common Stock	0.02	0.02	0.02	0.02	-	41.63
Additional Paid-In Capital	22.03	21.82	21.83	21.4	-	-
Retained Earnings	27.63	27.96	27.37	28.44	40.93	-
Treasury Stock	-0.28	-0.21	-0.07	-	-	-
Comprehensive Income & Other	-2.92	-3.13	-3.98	-4.64	-0.58	-0.18
Total Common Equity	46.48	46.45	45.17	45.22	40.35	41.45
Minority Interest	0.71	0.7	0.7	0.71	0.72	0.75
Shareholders' Equity	47.19	47.15	45.87	45.93	41.07	42.19
Total Liabilities & Equity	107.17	104.71	95.55	91.06	87.9	88.29
Filing Date Shares Outstanding	2.06	2.04	2.05	2.05	2.05	-
Total Common Shares Outstanding	2.06	2.04	2.05	2.05	2.05	-
Total Debt	25.69	25.91	27.05	27.83	30.49	30.85
Net Cash (Debt)	-14.06	-15.31	-20.09	-21.47	-22.56	-26.67
Net Cash Per Share	-6.83	-5.78	-9.80	-10.47	-11.01	-
Book Value Per Share	22.59	22.72	22.03	22.06	19.68	-
Tangible Book Value	40.74	40.64	39.1	38.88	40.35	41.45
Tangible Book Value Per Share	19.80	19.88	19.07	18.97	19.68	-
Land	-	12	12	12	12	12
Buildings	-	21.46	21.46	21.46	21.46	21.46
Machinery	-	1.08	1.08	1.08	1.08	1.08
Leasehold Improvements	-	0.93	0.93	0.93	0.91	0.91

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.