Forge Innovation Development Past Earnings Performance
Past criteria checks 0/6
Forge Innovation Development has been growing earnings at an average annual rate of 28.3%, while the Real Estate industry saw earnings growing at 26.9% annually. Revenues have been growing at an average rate of 49.3% per year.
Key information
28.3%
Earnings growth rate
27.2%
EPS growth rate
| Real Estate Industry Growth | 27.7% |
| Revenue growth rate | 49.3% |
| Return on equity | -14.6% |
| Net Margin | -98.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Forge Innovation Development 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 23 | 0 | 0 | 1 | 0 |
| 30 Jun 23 | 0 | 0 | 0 | 0 |
| 31 Mar 23 | 0 | 0 | 0 | 0 |
| 31 Dec 22 | 0 | 0 | 0 | 0 |
| 30 Sep 22 | 0 | 0 | 0 | 0 |
| 30 Jun 22 | 0 | 0 | 0 | 0 |
| 31 Mar 22 | 0 | 0 | 0 | 0 |
| 31 Dec 21 | 0 | 0 | 0 | 0 |
| 30 Sep 21 | 0 | 0 | 0 | 0 |
| 30 Jun 21 | 0 | 0 | 0 | 0 |
| 31 Mar 21 | 0 | 0 | 0 | 0 |
| 31 Dec 20 | 0 | 0 | 0 | 0 |
| 30 Sep 20 | 0 | 0 | 0 | 0 |
| 30 Jun 20 | 0 | 0 | 0 | 0 |
| 31 Mar 20 | 0 | 0 | 0 | 0 |
| 31 Dec 19 | 0 | 0 | 0 | 0 |
| 30 Sep 19 | 0 | 0 | 0 | 0 |
| 30 Jun 19 | 0 | 0 | 0 | 0 |
| 31 Mar 19 | 0 | 0 | 0 | 0 |
| 31 Dec 18 | 0 | 0 | 0 | 0 |
| 30 Sep 18 | 0 | 0 | 0 | 0 |
| 30 Jun 18 | 0 | 0 | 0 | 0 |
| 31 Mar 18 | 0 | 0 | 0 | 0 |
| 31 Dec 17 | 0 | 0 | 0 | 0 |
| 30 Sep 17 | 0 | 0 | 0 | 0 |
| 30 Jun 17 | 0 | 0 | 0 | 0 |
| 31 Mar 17 | 0 | 0 | 0 | 0 |
Quality Earnings: FGNV is currently unprofitable.
Growing Profit Margin: FGNV is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FGNV is unprofitable, but has reduced losses over the past 5 years at a rate of 28.3% per year.
Accelerating Growth: Unable to compare FGNV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FGNV is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-20.6%).
Return on Equity
High ROE: FGNV has a negative Return on Equity (-14.57%), as it is currently unprofitable.