Forge Global Holdings, Inc. financial data

Symbol
FRGE on NYSE
Industry
Security & Commodity Brokers, Dealers, Exchanges & Services
Location
415 Mission St., San Francisco, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Motive Capital Corp (to 3/16/2022), MCF2 Acquisition Corp. (to 10/13/2020)
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 688 % -25.7%
Debt-to-equity 14.7 % +41.7%
Return On Equity -28.9 % -3.7%
Return On Assets -25.2 % +0.16%
Operating Margin -112 % +37.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 183M shares +5.09%
Common Stock, Shares, Outstanding 183M shares +4.75%
Entity Public Float 262M USD -80.7%
Common Stock, Value, Issued 19K USD +5.56%
Weighted Average Number of Shares Outstanding, Basic 183M shares +5.42%
Weighted Average Number of Shares Outstanding, Diluted 183M shares +5.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 79.1M USD +21.9%
General and Administrative Expense 13.8M USD +7.66%
Operating Income (Loss) -88.6M USD +23.5%
Nonoperating Income (Expense) 11.2M USD -59.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -77.4M USD +12.1%
Income Tax Expense (Benefit) 815K USD +26%
Net Income (Loss) Attributable to Parent -76.5M USD +13.5%
Earnings Per Share, Basic -0.44 USD/shares -1367%
Earnings Per Share, Diluted -0.44 USD/shares -467%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 120M USD -24.5%
Accounts Receivable, after Allowance for Credit Loss, Current 4.52M USD -3.44%
Other Assets, Current 1.95M USD +20.2%
Assets, Current 137M USD -22.3%
Property, Plant and Equipment, Net 3.99M USD +1071%
Operating Lease, Right-of-Use Asset 7.32M USD +77.5%
Intangible Assets, Net (Excluding Goodwill) 128M USD +1069%
Goodwill 121M USD 0%
Other Assets, Noncurrent 2.61M USD +37.6%
Assets 286M USD -12.4%
Accounts Payable, Current 1.66M USD +5.61%
Accrued Liabilities, Current 6.82M USD -8.32%
Contract with Customer, Liability, Current 900K USD
Liabilities, Current 20.9M USD +19%
Operating Lease, Liability, Noncurrent 5.33M USD +111%
Other Liabilities, Noncurrent 303K USD -33.1%
Liabilities 36.2M USD +18.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 721K USD -9.65%
Retained Earnings (Accumulated Deficit) -313M USD -32.3%
Stockholders' Equity Attributable to Parent 245M USD -15.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 249M USD -15.6%
Liabilities and Equity 286M USD -12.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -12.4M USD +30.1%
Net Cash Provided by (Used in) Financing Activities -2.08M USD -319%
Net Cash Provided by (Used in) Investing Activities -400K USD -463%
Common Stock, Shares Authorized 2B shares 0%
Common Stock, Shares, Issued 183M shares +4.75%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -15.1M USD +16.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 122M USD -24.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 51.4M USD +42.3%
Deferred Tax Assets, Gross 55.2M USD +36.5%
Operating Lease, Liability 8.68M USD +62.1%
Depreciation 200K USD +100%
Payments to Acquire Property, Plant, and Equipment 400K USD +463%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -76.6M USD +12.6%
Lessee, Operating Lease, Liability, to be Paid 9.92M USD +73.9%
Property, Plant and Equipment, Gross 10.9M USD
Operating Lease, Liability, Current 3.36M USD +18.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.08M USD -33%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.86M USD +81.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.24M USD +258%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.12M USD
Deferred Tax Assets, Operating Loss Carryforwards 28.4M USD +35.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 822K USD -49.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.15M USD
Additional Paid in Capital 558M USD +6.28%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 4M USD 0%
Depreciation, Depletion and Amortization 1.82M USD +1.51%
Deferred Tax Assets, Net of Valuation Allowance 3.79M USD -12.4%
Share-based Payment Arrangement, Expense 7.86M USD -10.8%