This company has been acquired
ForgeRock Past Earnings Performance
Past criteria checks 0/6
ForgeRock's earnings have been declining at an average annual rate of -29.1%, while the Software industry saw earnings growing at 19.2% annually. Revenues have been growing at an average rate of 29.4% per year.
Key information
-29.12%
Earnings growth rate
23.91%
EPS growth rate
| Software Industry Growth | 17.33% |
| Revenue growth rate | 29.42% |
| Return on equity | -28.26% |
| Net Margin | -33.58% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
ForgeRock falls as shareholders approve sale to Thoma Bravo
Jan 12ForgeRock falls after DOJ request for more information on Thoma Bravo deal
Dec 22ForgeRock jumps after disclosing another potential bidder in filing
Dec 08Thoma Bravo acquires ForgeRock for $23.25 per share in cash
Oct 11ForgeRock Faces Revenue Growth And Foreign Exchange Headwinds
Sep 02ForgeRock announces strategic partnership with Secret Double Octopus
Aug 22ForgeRock stock slides on guidance cut
Aug 12Is ForgeRock, Inc. (NYSE:FORG) Trading At A 33% Discount?
Jun 19
A First Look At ForgeRock
Jun 09ForgeRock: Cash Burn Makes This Investment Not Worth It
Mar 25ForgeRock: After A 50% Drop, It's Now Trading At Fair Value
Dec 09ForgeRock IPO Day With CEO Fran Rosch - Managing Digital Identity (Video)
Sep 20Revenue & Expenses Breakdown
How ForgeRock 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 Jun 23 | 243 | -82 | 197 | 66 |
| 31 Mar 23 | 233 | -75 | 188 | 65 |
| 31 Dec 22 | 218 | -66 | 177 | 62 |
| 30 Sep 22 | 202 | -62 | 165 | 58 |
| 30 Jun 22 | 188 | -66 | 155 | 53 |
| 31 Mar 22 | 184 | -54 | 141 | 48 |
| 31 Dec 21 | 177 | -48 | 129 | 43 |
| 30 Sep 21 | 169 | -33 | 120 | 40 |
| 30 Jun 21 | 157 | -26 | 110 | 39 |
| 31 Mar 21 | 141 | -34 | 105 | 38 |
| 31 Dec 20 | 128 | -42 | 102 | 36 |
| 31 Dec 19 | 104 | -37 | 95 | 30 |
Quality Earnings: FORG is currently unprofitable.
Growing Profit Margin: FORG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FORG is unprofitable, and losses have increased over the past 5 years at a rate of 29.1% per year.
Accelerating Growth: Unable to compare FORG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FORG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (6.8%).
Return on Equity
High ROE: FORG has a negative Return on Equity (-28.26%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/24 01:22 |
| End of Day Share Price | 2023/08/22 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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 |
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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.
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
ForgeRock, Inc. is covered by 11 analysts. 9 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 |
|---|---|
| Gray Powell | BTIG |
| Thomas Walkley | Canaccord Genuity |
| Patrick Edwin Colville | Deutsche Bank |