Forge Innovation Development (OTCPK:FGNV) - Stock Price, News & Analysis

FGNV Stock Overview

A development stage company, focuses on commercial and residential land development business in the United States. More details

FGNV fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Makes less than USD$1m in revenue ($618K)

Earnings have declined by 42% per year over past 5 years

Shares are highly illiquid

+ 1 more risk

Forge Innovation Development Corp. Competitors

International Land Alliance

OTCPK:ILAL

US$6.4m

Stratus Properties

NasdaqGS:STRS

US$208.2m

Xinyuan Real Estate

NYSE:XIN

US$18.5m

Alset

NasdaqCM:AEI

US$12.0m

Price History & Performance

Summary of all time highs, changes and price drops for Forge Innovation Development
Historical stock prices
Current Share Price	US$0.80
52 Week High	US$1.26
52 Week Low	US$0.80
Beta	0.056
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	-20.00%
5 Year Change	n/a
Change since IPO	220.00%

Recent updates

Shareholder Returns

	FGNV	US Real Estate	US Market
7D	0%	2.4%	1.0%
1Y	n/a	30.0%	31.4%

Return vs Industry: Insufficient data to determine how FGNV performed against the US Real Estate industry.

Return vs Market: Insufficient data to determine how FGNV performed against the US Market.

Price Volatility

Is FGNV's price volatile compared to industry and market?
FGNV volatility
FGNV Average Weekly Movement	n/a
Real Estate Industry Average Movement	7.7%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FGNV's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine FGNV's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2016	1	Patrick Liang	www.forgecorpusa.com

Forge Innovation Development Corp., a development stage company, focuses on commercial and residential land development business in the United States. It focuses on real estate development, land purchasing and selling, and property management activities. The company was formerly known as You-Go enterprises, LLC and changed its name to Forge Innovation Development Corp. in November 2016.

Forge Innovation Development Corp. Fundamentals Summary

How do Forge Innovation Development's earnings and revenue compare to its market cap?
FGNV fundamental statistics
Market cap	US$40.31m
Earnings (TTM)	-US$1.80m
Revenue (TTM)	US$618.20k

65.2x

P/S Ratio

-22.3x

P/E Ratio

Is FGNV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FGNV income statement (TTM)
Revenue	US$618.20k
Cost of Revenue	US$144.58k
Gross Profit	US$473.62k
Other Expenses	US$2.28m
Earnings	-US$1.80m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.036
Gross Margin	76.61%
Net Profit Margin	-291.83%
Debt/Equity Ratio	292.5%

How did FGNV perform over the long term?

See historical performance and comparison

Forge Innovation Development OTCPK:FGNV Stock Report