Forge Global Holdings Past Earnings Performance
Past criteria checks 0/6
Forge Global Holdings's earnings have been declining at an average annual rate of -27.9%, while the Capital Markets industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 2.1% per year.
Key information
-27.9%
Earnings growth rate
19.1%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 2.1% |
| Return on equity | -32.8% |
| Net Margin | -95.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Forge Global Holdings, Inc.'s (NYSE:FRGE) Shares Leap 27% Yet They're Still Not Telling The Full Story
Dec 15
Analysts Have Just Cut Their Forge Global Holdings, Inc. (NYSE:FRGE) Revenue Estimates By 12%
Nov 12Analyst Estimates: Here's What Brokers Think Of Forge Global Holdings, Inc. (NYSE:FRGE) After Its Second-Quarter Report
Aug 10Forge Global: Turning Bullish On Results Beat And Positive Outlook (Rating Upgrade)
Aug 08Analysts Have Lowered Expectations For Forge Global Holdings, Inc. (NYSE:FRGE) After Its Latest Results
Mar 29Forge Global Holdings, Inc. (NYSE:FRGE) Looks Just Right With A 42% Price Jump
Mar 27Investors Appear Satisfied With Forge Global Holdings, Inc.'s (NYSE:FRGE) Prospects As Shares Rocket 29%
Dec 22Forge Global: No Catalysts In Sight
Nov 14Forge Global: Consider Both Q2 Miss And H2 Outlook
Aug 09Forge Global Holdings, Inc. (NYSE:FRGE) Just Reported, And Analysts Assigned A US$3.23 Price Target
May 11Forge Global Holdings, Inc.'s (NYSE:FRGE) Business Is Yet to Catch Up With Its Share Price
May 08Analysts Are More Bearish On Forge Global Holdings, Inc. (NYSE:FRGE) Than They Used To Be
Mar 06Forge Global Is Building Private Market Infrastructure But Need Critical Mass
Oct 23Forge Global Holdings: Capitalizing On Start-Ups And Private Equity
Aug 08Forge Global promotes COO to President
Jul 15Forge Global: Growth Has Slowed And I'm Bearish
Apr 25Revenue & Expenses Breakdown
How Forge Global Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 80 | -76 | 159 | 0 |
| 30 Jun 24 | 79 | -76 | 159 | 0 |
| 31 Mar 24 | 74 | -88 | 160 | 0 |
| 31 Dec 23 | 70 | -90 | 153 | 0 |
| 30 Sep 23 | 68 | -91 | 153 | 0 |
| 30 Jun 23 | 65 | -88 | 171 | 0 |
| 31 Mar 23 | 65 | -69 | 175 | 0 |
| 31 Dec 22 | 69 | -112 | 175 | 0 |
| 30 Sep 22 | 82 | -92 | 165 | 0 |
| 30 Jun 22 | 94 | -81 | 140 | 0 |
| 31 Mar 22 | 116 | -84 | 137 | 0 |
| 31 Dec 21 | 128 | -18 | 129 | 0 |
| 30 Sep 21 | 118 | -14 | 113 | 0 |
| 31 Dec 20 | 52 | -10 | 50 | 0 |
| 31 Dec 19 | 28 | -15 | 38 | 0 |
Quality Earnings: FRGE is currently unprofitable.
Growing Profit Margin: FRGE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FRGE is unprofitable, and losses have increased over the past 5 years at a rate of 27.9% per year.
Accelerating Growth: Unable to compare FRGE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FRGE is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).
Return on Equity
High ROE: FRGE has a negative Return on Equity (-32.78%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 21:46 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Forge Global Holdings, Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Devin Ryan | JMP Securities |
| Kenneth Worthington | J.P. Morgan |
| Owen Lau | Oppenheimer & Co. Inc. |