FGNV logo

Forge Innovation Development OTCPK:FGNV Stock Report

Last Price

US$0.80

Market Cap

US$40.3m

7D

0%

1Y

-36.5%

Updated

22 Dec, 2024

Data

Company Financials

Forge Innovation Development Corp.

OTCPK:FGNV Stock Report

Market Cap: US$40.3m

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
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Forge Innovation Development Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Forge Innovation Development
Historical stock prices
Current Share PriceUS$0.80
52 Week HighUS$0.80
52 Week LowUS$0.80
Beta0.054
1 Month Change0%
3 Month Changen/a
1 Year Change-36.51%
3 Year Change-20.00%
5 Year Changen/a
Change since IPO220.00%

Recent News & Updates

Recent updates

Shareholder Returns

FGNVUS Real EstateUS Market
7D0%1.2%-0.8%
1Y-36.5%21.2%22.7%

Return vs Industry: FGNV underperformed the US Real Estate industry which returned 7.4% over the past year.

Return vs Market: FGNV underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is FGNV's price volatile compared to industry and market?
FGNV volatility
FGNV Average Weekly Movementn/a
Real Estate Industry Average Movement7.5%
Market Average Movement6.4%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.2%

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

FoundedEmployeesCEOWebsite
20161Patrick Liangwww.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 capUS$40.31m
Earnings (TTM)-US$1.80m
Revenue (TTM)US$618.20k

65.2x

P/S Ratio

-22.3x

P/E Ratio

Earnings & Revenue

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

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.036
Gross Margin76.61%
Net Profit Margin-291.83%
Debt/Equity Ratio292.5%

How did FGNV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:04
End of Day Share Price 2024/09/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 Innovation Development Corp. is covered by 0 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.

AnalystInstitution