Forum Markets (FRMM) Stock Overview
Forum Markets, Incorporated, doing business as Forum, operates a technology company focused on Ethereum-based infrastructure for the tokenization of real-world assets. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
FRMM Community Fair Values
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Forum Markets, Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.00 |
| 52 Week High | US$174.60 |
| 52 Week Low | US$2.91 |
| Beta | 1.01 |
| 1 Month Change | -20.84% |
| 3 Month Change | -71.46% |
| 1 Year Change | -75.00% |
| 3 Year Change | -99.40% |
| 5 Year Change | -99.90% |
| Change since IPO | -99.90% |
Recent News & Updates
Shareholder Returns
| FRMM | US Biotechs | US Market | |
|---|---|---|---|
| 7D | -21.5% | -2.6% | -1.2% |
| 1Y | -75.0% | 23.8% | 19.2% |
Return vs Industry: FRMM underperformed the US Biotechs industry which returned 26.5% over the past year.
Return vs Market: FRMM underperformed the US Market which returned 17.6% over the past year.
Price Volatility
| FRMM volatility | |
|---|---|
| FRMM Average Weekly Movement | 14.0% |
| Biotechs Industry Average Movement | 10.4% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: FRMM's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: FRMM's weekly volatility has decreased from 38% to 14% over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | McAndrew Rudisill | www.forum-markets.com |
Forum Markets, Incorporated, doing business as Forum, operates a technology company focused on Ethereum-based infrastructure for the tokenization of real-world assets. The company develops platforms that enable the conversion of illiquid, institutional-grade assets into blockchain-based financial instruments using Ethereum Layer 2 protocols. It bridges traditional finance and blockchain technology by supporting regulated access, scalability, and efficiency in asset tokenization.
Forum Markets, Incorporated Fundamentals Summary
| FRMM fundamental statistics | |
|---|---|
| Market cap | US$62.55m |
| Earnings (TTM) | -US$224.53m |
| Revenue (TTM) | US$4.11m |
Is FRMM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FRMM income statement (TTM) | |
|---|---|
| Revenue | US$4.11m |
| Cost of Revenue | US$0 |
| Gross Profit | US$4.11m |
| Other Expenses | US$228.64m |
| Earnings | -US$224.53m |
Last Reported Earnings
Sep 30, 2025
Next Earnings Date
Mar 31, 2026
| Earnings per share (EPS) | -11.81 |
| Gross Margin | 100.00% |
| Net Profit Margin | -5,462.77% |
| Debt/Equity Ratio | 122.8% |
How did FRMM perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/05 13:11 |
| End of Day Share Price | 2026/03/05 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
Forum Markets, Incorporated is covered by 3 analysts. 0 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 |
|---|---|
| James Molloy | Alliance Global Partners |
| Jason McCarthy | Maxim Group |
| Nazibur Rahman | Maxim Group |