Forge Global Holdings, Inc. (FRGE)

Forge Global Holdings Statistics

Total Valuation

FRGE has a market cap or net worth of $219.79 million. The enterprise value is $118.36 million.

Market Cap	219.79M
Enterprise Value	118.36M

Important Dates

The next estimated earnings date is Tuesday, November 5, 2024, after market close.

Earnings Date	Nov 5, 2024
Ex-Dividend Date	n/a

Share Statistics

FRGE has 183.16 million shares outstanding. The number of shares has increased by 3.64% in one year.

Shares Outstanding	183.16M
Shares Change (YoY)	+3.64%
Shares Change (QoQ)	+1.54%
Owned by Insiders (%)	15.42%
Owned by Institutions (%)	42.11%
Float	130.69M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	2.79
Forward PS	2.07
PB Ratio	0.92
P/FCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.50
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 6.55, with a Debt / Equity ratio of 0.03.

Current Ratio	6.55
Quick Ratio	6.17
Debt / Equity	0.03
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -28.71% and return on invested capital (ROIC) is -19.46%.

Return on Equity (ROE)	-28.71%
Return on Assets (ROA)	-17.79%
Return on Capital (ROIC)	-19.46%
Revenue Per Employee	$229,409
Profits Per Employee	-$221,716
Employee Count	345
Asset Turnover	0.26
Inventory Turnover	n/a

Taxes

In the past 12 months, FRGE has paid $815,000 in taxes.

Income Tax	815,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -50.21% in the last 52 weeks. The beta is 2.37, so FRGE's price volatility has been higher than the market average.

Beta (5Y)	2.37
52-Week Price Change	-50.21%
50-Day Moving Average	1.33
200-Day Moving Average	1.66
Relative Strength Index (RSI)	40.87
Average Volume (20 Days)	348,523

Short Selling Information

The latest short interest is 4.74 million, so 2.59% of the outstanding shares have been sold short.

Short Interest	4.74M
Short Previous Month	5.07M
Short % of Shares Out	2.59%
Short % of Float	3.63%
Short Ratio (days to cover)	16.68

Income Statement

In the last 12 months, FRGE had revenue of $79.15 million and -$76.49 million in losses. Loss per share was -$0.43.

Revenue	79.15M
Gross Profit	78.53M
Operating Income	-87.04M
Pretax Income	-75.68M
Net Income	-76.49M
EBITDA	-82.83M
EBIT	-87.04M
Loss Per Share	-$0.43

Balance Sheet

The company has $121.52 million in cash and $8.68 million in debt, giving a net cash position of $112.84 million or $0.62 per share.

Cash & Cash Equivalents	121.52M
Total Debt	8.68M
Net Cash	112.84M
Net Cash Per Share	$0.62
Equity (Book Value)	249.47M
Book Value Per Share	1.34
Working Capital	116.11M

Cash Flow

In the last 12 months, operating cash flow was -$36.93 million and capital expenditures -$1.10 million, giving a free cash flow of -$38.02 million.

Operating Cash Flow	-36.93M
Capital Expenditures	-1.10M
Free Cash Flow	-38.02M
FCF Per Share	-$0.21

Margins

Gross margin is 99.22%, with operating and profit margins of -109.97% and -96.65%.

Gross Margin	99.22%
Operating Margin	-109.97%
Pretax Margin	-97.80%
Profit Margin	-96.65%
EBITDA Margin	-104.65%
EBIT Margin	-109.97%
FCF Margin	-48.04%

Dividends & Yields

FRGE does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-3.64%
Shareholder Yield	-3.64%
Earnings Yield	-33.68%
FCF Yield	-16.74%

Analyst Forecast

The average price target for FRGE is $4.50, which is 275.00% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$4.50
Price Target Difference	275.00%
Analyst Consensus	Strong Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

FRGE has an Altman Z-Score of 4.89 and a Piotroski F-Score of 2.

Altman Z-Score	4.89
Piotroski F-Score	2