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
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 760 % -17%
Debt-to-equity 13.5 % +2.73%
Return On Equity -31.7 % -49.1%
Return On Assets -28 % -48.7%
Operating Margin -127 % +30.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 179 M shares +3.97%
Common Stock, Shares, Outstanding 180 M shares +3.57%
Entity Public Float 262 M USD -80.7%
Common Stock, Value, Issued 18 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 180 M shares +4.71%
Weighted Average Number of Shares Outstanding, Diluted 180 M shares +4.71%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 73.6 M USD +13.5%
General and Administrative Expense 14.8 M USD +18.9%
Operating Income (Loss) -93.5 M USD +21.6%
Nonoperating Income (Expense) 5.06 M USD -90.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -88.4 M USD -29.4%
Income Tax Expense (Benefit) 850 K USD +119%
Net Income (Loss) Attributable to Parent -87.7 M USD -27.7%
Earnings Per Share, Basic -0.5 USD/shares -725%
Earnings Per Share, Diluted -0.5 USD/shares -933%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 130 M USD -26.1%
Accounts Receivable, after Allowance for Credit Loss, Current 5.55 M USD +69%
Other Assets, Current 2.13 M USD +30.3%
Assets, Current 149 M USD -20.1%
Property, Plant and Equipment, Net 4.54 M USD +1117%
Operating Lease, Right-of-Use Asset 7.99 M USD +64.3%
Intangible Assets, Net (Excluding Goodwill) 129 M USD +980%
Goodwill 121 M USD
Other Assets, Noncurrent 2.32 M USD +20.7%
Assets 299 M USD -11.7%
Accounts Payable, Current 2.67 M USD +88.1%
Accrued Liabilities, Current 11.5 M USD +95.6%
Contract with Customer, Liability, Current 700 K USD
Liabilities, Current 24.1 M USD +40.4%
Operating Lease, Liability, Noncurrent 6.25 M USD +106%
Other Liabilities, Noncurrent 285 K USD -22.1%
Liabilities 42.1 M USD +56.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 765 K USD -7.83%
Retained Earnings (Accumulated Deficit) -299 M USD -41.4%
Stockholders' Equity Attributable to Parent 252 M USD -17.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 257 M USD -17.6%
Liabilities and Equity 299 M USD -11.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -12.4 M USD +30.1%
Net Cash Provided by (Used in) Financing Activities -2.08 M USD -319%
Net Cash Provided by (Used in) Investing Activities -400 K USD -463%
Common Stock, Shares Authorized 2 B shares 0%
Common Stock, Shares, Issued 180 M shares +3.57%
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 -15.1 M USD +16.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 131 M USD -26.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Deferred Tax Assets, Valuation Allowance 51.4 M USD +42.3%
Deferred Tax Assets, Gross 55.2 M USD +36.5%
Operating Lease, Liability 9.18 M USD +43.6%
Depreciation 100 K USD 0%
Payments to Acquire Property, Plant, and Equipment 400 K USD +463%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -87.7 M USD -29.4%
Lessee, Operating Lease, Liability, to be Paid 10.9 M USD +59.3%
Property, Plant and Equipment, Gross 10.6 M USD +1024%
Operating Lease, Liability, Current 2.92 M USD -12.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.09 M USD -32.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.87 M USD +81.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.7 M USD +291%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.12 M USD
Deferred Tax Assets, Operating Loss Carryforwards 28.4 M USD +35.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100 M shares 0%
Unrecognized Tax Benefits 822 K USD -49.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.15 M USD
Additional Paid in Capital 551 M USD +6.81%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 4 M USD -2.44%
Depreciation, Depletion and Amortization 1.82 M USD +1.51%
Deferred Tax Assets, Net of Valuation Allowance 3.79 M USD -12.4%