Forge Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	38.71	32.84	31.91	27.97	26.2	22.17
Investments in Equity & Preferred Securities	1.61	8.13	6.06	8.14	8.78	9.99
Total Investments	46.21	40.97	37.97	36.11	34.98	32.16
Cash & Equivalents	13.67	19.22	10.6	6.97	6.36	7.93
Reinsurance Recoverable	2.23	3.53	2.01	0.69	1.07	0.92
Other Receivables	15.01	15.39	14.72	10.98	5.77	5.1
Deferred Policy Acquisition Cost	0.62	0.53	0.49	0.3	0.21	0.74
Property, Plant & Equipment	30.34	30.56	31.29	32.2	33.1	35.76
Goodwill	-	4.51	4.51	4.51	4.51	-
Other Intangible Assets	5.48	1.04	1.3	1.57	1.84	-
Restricted Cash	0.26	0.25	0.24	0.23	0.21	0.19
Long-Term Deferred Charges	2.63	-	-	-	2.22	4.59
Other Long-Term Assets	4.82	1.8	1.58	2.01	0.81	0.51
Total Assets	121.26	117.79	104.71	95.55	91.06	87.9
Accrued Expenses	4.15	3.6	2.85	2.44	1.47	1.73
Unpaid Claims	16.76	17.23	12.34	8.43	8.48	9.68
Unearned Premiums	20.31	17.84	15.67	10.28	6.32	4.39
Reinsurance Payable	-0.01	0.05	0.09	0.04	0.05	0
Current Portion of Long-Term Debt	-	3.19	3.3	0.72	0.73	-
Current Portion of Leases	-	0.04	-	-	-	-
Short-Term Debt	-	-	-	-	-	0.4
Current Income Taxes Payable	-	-	0.11	-	-	-
Long-Term Debt	24.85	21.69	22.32	25.61	26.23	27.52
Long-Term Leases	0.14	0.11	0.3	0.73	0.87	2.57
Other Long-Term Liabilities	0.53	0.57	0.58	1.11	0.5	0.26
Total Liabilities	66.74	64.32	57.55	49.68	45.13	46.83
Common Stock	0.02	0.02	0.02	0.02	0.02	-
Additional Paid-In Capital	22.29	22.16	21.82	21.83	21.4	-
Retained Earnings	34.07	32.85	27.96	27.37	28.44	40.93
Treasury Stock	-0.28	-0.28	-0.21	-0.07	-	-
Comprehensive Income & Other	-2.27	-1.99	-3.13	-3.98	-4.64	-0.58
Total Common Equity	53.82	52.76	46.45	45.17	45.22	40.35
Minority Interest	0.71	0.71	0.7	0.7	0.71	0.72
Shareholders' Equity	54.53	53.47	47.15	45.87	45.93	41.07
Total Liabilities & Equity	121.26	117.79	104.71	95.55	91.06	87.9
Filing Date Shares Outstanding	2.07	2.06	2.04	2.05	2.05	2.05
Total Common Shares Outstanding	2.07	2.06	2.04	2.05	2.05	2.05
Total Debt	24.99	25.02	25.91	27.05	27.83	30.49
Net Cash (Debt)	-11.32	-5.8	-15.31	-20.09	-21.47	-22.56
Net Cash Per Share	-4.20	-2.27	-5.78	-9.80	-10.47	-11.01
Book Value Per Share	26.03	25.64	22.72	22.03	22.06	19.68
Tangible Book Value	48.35	47.22	40.64	39.1	38.88	40.35
Tangible Book Value Per Share	23.38	22.95	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	0.93	0.91