Forge Global Holdings, Inc.

FRGE

FRGEForge Global Holdings, Inc. US flag

New York Stock Exchange

45.00

USD

+0.19

- -

623.01MMarket Cap

Income Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	28	52	128	69	70	79
+ Sales & Services Revenue	28	52	128	69	70	79
- Cost of Revenue	30	41	98	146	107	114
+ Cost of Goods & Services	30	41	98	146	107	114
Gross Profit	-2	10	30	-77	-37	-34
+ Other Operating Income	- -	- -	- -	- -	- -	- -
- Operating Expenses	12	15	39	53	54	48
+ Selling, General & Admin	11	8	34	47	47	41
+ Research & Development	2	5	- -	- -	- -	- -
+ Other Operating Expense	-2	2	5	6	7	7
Operating Income (Loss)	-14	-4	-9	-130	-91	-82
- Non-Operating (Income) Loss	1	6	9	-18	-1	-15
+ Interest Expense, Net	- -	2	- -	- -	-6	-6
+ Interest Expense	- -	2	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	6	6
+ Other Non-Op (Income) Loss	1	4	9	-18	6	-10
Pretax Income	-15	-11	-18	-112	-91	-67
- Income Tax Expense (Benefit)	- -	-1	- -	- -	1	1
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-15	-10	-18	-112	-92	-68
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	-3	-3
+ Discontinued Operations	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	-3	-3
Income (Loss) Incl. MI	-15	-10	-18	-112	-89	-65
- Minority Interest	- -	- -	- -	- -	1	2
Net Income, GAAP	-15	-10	-18	-112	-90	-66
- Preferred Dividends	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-15	-10	-18	-112	-90	-66
EBIT	-14	-4	-9	-130	-91	-82
EBITDA	-13	- -	-1	-120	-81	-73
EBITDA Margin (%)	-45.62	-0.55	-0.56	-172.81	-116.5	-91.96
EBITA	-14	-4	-9	-130	-91	-82
Gross Margin (%)	-8.3	20.19	23.71	-110.42	-53.28	-43.28
Operating Margin (%)	-51.4	-8.38	-6.96	-187.26	-130.98	-103.7
Profit Margin (%)	-54.99	-18.81	-14.45	-161.22	-129.22	-83.62
Sales per Employee	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -
Depreciation Expense	2	4	8	10	10	9
Basic Weighted Avg Shares	11	11	11	10	12	12
Basic EPS, GAAP	-1.35	-0.86	-1.64	-11.66	-7.8	-5.43
Basic EPS from Cont Ops	-1.35	-0.86	-1.64	-11.67	-7.92	-5.56
Diluted Weighted Avg Shares	11	11	11	10	12	12
Diluted EPS, GAAP	-1.35	-0.86	-1.64	-11.57	-7.8	-5.43
Diluted EPS from Cont Ops	-1.35	-0.86	-1.64	-11.58	-7.92	-5.56

Balance Sheet (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	33	91	88	207	163	119
+ Cash, Cash Equivalents & STI	28	41	75	193	152	106
+ Cash & Cash Equivalents	28	41	75	193	145	105
+ ST Investments	- -	- -	- -	- -	8	1
+ Accounts & Notes Receiv	2	45	7	4	4	5
+ Accounts Receivable, Net	2	6	5	4	4	5
+ Notes Receivable, Net	- -	39	1	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -
+ Other ST Assets	3	6	7	10	7	8
+ Misc ST Assets	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	85	167	170	157	148	144
+ Property, Plant & Equip, Net	7	10	8	14	10	8
+ Property, Plant & Equip	7	10	9	16	15	16
- Accumulated Depreciation	- -	- -	1	2	5	8
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -
+ Other LT Assets	79	157	161	143	138	136
+ Total Intangible Assets	53	142	140	134	130	126
+ Goodwill	44	121	121	121	121	121
+ Other Intangible Assets	9	21	20	13	9	6
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	26	15	21	9	8	10
Total Assets	118	259	258	364	311	264
+ Payables & Accruals	4	46	7	5	8	6
+ Accounts Payable	3	3	2	3	2	2
+ Accrued Taxes	- -	- -	1	1	1	2
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	44	4	1	5	3
+ ST Debt	10	6	5	4	3	3
+ ST Borrowings	8	2	- -	- -	- -	- -
+ ST Finance Leases	1	4	5	4	3	3
+ Other ST Liabilities	15	16	25	17	14	15
+ Deferred Revenue	- -	- -	- -	- -	- -	1
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	15	16	25	17	13	15
Total Current Liabilities	29	68	38	26	24	25
+ LT Debt	52	39	19	11	8	11
+ LT Borrowings	47	30	13	7	6	7
+ LT Finance Leases	5	9	5	4	3	4
+ Other LT Liabilities	- -	2	8	1	10	1
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	2	8	1	10	1
Total Noncurrent Liabilities	52	41	26	12	18	12
Total Liabilities	81	109	64	38	42	37
+ Preferred Equity and Hybrid Capital	85	157	246	- -	- -	- -
+ Share Capital & APIC	3	53	26	509	544	571
+ Common Stock	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	3	53	26	509	544	571
- Treasury Stock	- -	- -	- -	- -	1	1
+ Retained Earnings	-50	-60	-79	-190	-281	-347
+ Other Equity	- -	- -	- -	1	1	1
Equity Before Minority Interest	37	149	193	319	264	224
+ Minority/Non Controlling Interest	- -	- -	- -	6	5	3
Total Equity	37	149	193	325	268	227
Total Liabilities & Equity	118	259	258	364	311	264
Shares Outstanding	11	11	11	12	12	12
Number of Employees	- -	- -	- -	- -	- -	- -
Capital Leases - Total	6	12	11	7	5	7
Net Debt	28	-8	-61	-186	-139	-98
Net Debt to Equity	74.32	-5.3	-31.71	-57.08	-51.83	-43.1
Tangible Common Equity Ratio	-153.4	-128.29	-164.44	83.35	76.6	73.17
Current Ratio	1.15	1.34	2.32	7.84	6.74	4.74
Cash Conversion Cycle	- -	1.56	7.38	17.58	12	14.13

Cash Flow Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
+ Net Income	-15	-10	-18	-112	-92	-68
+ Depreciation & Amortization	2	4	8	10	10	9
+ Non-Cash Items	9	6	19	48	44	22
+ Stock-Based Compensation	7	5	12	58	34	30
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	1	1	1
+ Other Non-Cash Adj	2	1	6	-11	9	-9
+ Chg in Non-Cash Work Cap	7	-3	3	-15	-4	-4
+ (Inc) Dec in Accts Receiv	2	-3	- -	1	-1	-1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-1	-2	-1	-3	2	-1
+ Inc (Dec) in Accts Payable	7	4	7	-8	-1	- -
+ Inc (Dec) in Other	-1	-2	-4	-5	-4	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	2	-3	11	-69	-41	-41
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	- -	-2	- -	-1	-1
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	-1	-1
+ Acq of Intangible Assets	- -	- -	-2	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	208	- -	- -
+ Increase in Capital Stock	- -	- -	- -	208	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	-8	7
+ Dec in LT Investment	- -	- -	- -	- -	2	7
+ Inc in LT Investment	- -	- -	- -	- -	-10	- -
+ Net Cash From Acq & Div	-45	-19	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-45	-19	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	-4	-1	-6	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-46	-23	-3	-7	-8	5
+ Dividends Paid	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	29	-2	-19	- -	- -	- -
+ Cash From Debt	29	26	- -	- -	- -	- -
+ Repayments of Debt	- -	-28	-19	- -	- -	- -
+ Other Financing Activities	12	42	46	-16	- -	-4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	40	39	27	193	- -	-4
Effect of Foreign Exchange Rates	- -	- -	- -	1	- -	-1
Net Changes in Cash	-4	13	34	117	-50	-39
EBITDA	-13	- -	-1	-120	-81	-73
EBITDA Margin (%)	-45.62	-0.55	-0.56	-172.81	-116.5	-91.96
Free Cash Flow	1	-3	9	-69	-42	-41
Net Cash Paid for Acquisitions	45	19	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	67	81	-315	-42	-41
Free Cash Flow per Basic Share	0.1	-0.23	0.77	-7.21	-3.63	-3.38
Price/Free Cash Flow	- -	- -	127.08	-3.66	-14.53	-4.29
Cash Flow to Net Income	-0.12	0.26	-0.59	0.62	0.46	0.61
Capital Expenditures	-1	- -	-2	- -	-1	-1