NYSE · Software - Application

Forge Global Holdings, Inc. (FRGE) Stock

$45.00 +0.42% NYSE: FRGE Technology

Forge Global Holdings, Inc., founded in 2014 and headquartered in San Francisco, California, furnishes critical infrastructure, robust data analytics, and advanced digital platforms for individuals and entities active in the private capital markets. This company's primary role is to empower shareholders of unlisted firms to buy and sell their private company equity with pre-qualified, accredited investors.

Valuation

Metric	Value
Price	$45.00
Market Cap	$623.01M
P/E Ratio	-12.78
P/B Ratio	2.96
P/S Ratio	8.39
EPS (TTM)	$-5.43
52-Week High	$45.03
52-Week Low	$6.60
Dividend Yield	0.00%

Financials & Margins

Metric	Value
ROE	-22.85%
ROA	-18.64%
ROCE	-22.40%
Gross Margin	24.80%
Operating Margin	-66.71%
Net Margin	-63.23%
Debt/Equity	0.02
Current Ratio	2.55

Annual Financials (USD)

Metric	2020	2021	2022	2023	2024
Revenue	$48.0M	$128.0M	$69.0M	$70.0M	$79.0M
Operating Profit	$-8.0M	$-10.0M	$-135.0M	$-91.0M	$-82.0M
Net Profit	$-10.0M	$-18.0M	$-112.0M	$-90.0M	$-66.0M
EPS	$-3.42	$-5.11	$-11.98	$-7.80	$-5.43
Op Margin	-15.9%	-7.6%	-194.6%	-131.0%	-103.7%

Balance Sheet (USD)

Metric	2020	2021	2022	2023	2024
Total Assets	$259.0M	$258.0M	$364.0M	$311.0M	$264.0M
Total Liabilities	$109.0M	$64.0M	$38.0M	$42.0M	$37.0M
Cash	$41.0M	$75.0M	$193.0M	$145.0M	$105.0M
Borrowings	$31.0M	$24.0M	$7.0M	$11.0M	$15.0M

Latest News

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Cash Flow (USD)

Metric	2020	2021	2022	2023	2024
Operating Cash Flow	$-3.0M	$11.0M	$-69.0M	$-41.0M	$-41.0M
Investing Cash Flow	$-25.0M	$-7.0M	$-13.0M	$-9.0M	$5.0M
Financing Cash Flow	$0	$-5.0M	$-16.0M	$-1.0M	$-4.0M
Net Cash Flow	$13.0M	$34.0M	$119.0M	$-49.0M	$-40.0M
Free Cash Flow	$-4.0M	$8.0M	$-75.0M	$-42.0M	$-41.0M

Valuation & Return Ratios

Metric	Value
PEG Ratio	-0.71
EV / EBITDA	-13.86
FCF Yield	-5.16%
Quick Ratio	2.55
Interest Coverage	—
Return 1Y	—
Return 3Y	—
Return 5Y	—

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
ALTSALT5 Sigma Corporation	$0.86	+0.00%	-0.15	$119.56M	0.00%
AZA2Z Cust2Mate Solutions Corp.	$5.60	-2.27%	-7.37	$246.55M	0.00%
EGHT8x8 Inc	$2.13	+2.90%	69.09	$307.65M	0.00%
LAWCS Disco, Inc.	$5.07	+2.84%	-6.80	$325.16M	0.00%
OCFTOneConnect Financial Technology Co., Ltd.	$7.89	+0.00%	-24.71	$8.60B	0.00%

About Forge Global Holdings, Inc.

Forge Global Holdings, Inc. is headquartered in US.

Forge Global Holdings, Inc. (FRGE) stock trades at $45.00 with a market capitalization of $623.01M. The stock is valued at a negative price-to-earnings (P/E) ratio of -12.78, reflecting a net loss over the last twelve months, price-to-book of 2.96, price-to-sales of 8.39. Over the past 52 weeks the stock has ranged between $6.60 and $45.03, and currently trades at or near its 52-week high.

On profitability, Forge Global Holdings, Inc. generates a return on equity (ROE) of -22.85% (negative, reflecting a net loss), return on capital employed of -22.40%, an operating margin of -66.71%, a net profit margin of -63.23%.

Official website: forgeglobal.com

Forge Global Holdings, Inc. by the numbers, 2019–2024

Between 2019 and 2024 Forge Global Holdings, Inc. reported revenue of $24.0M rising to $79.0M, a change of +229.2% across 6 years. Compounded, revenue has grown 26.9% a year over five years, -14.9% over three, 12.9% over the last twelve months. Net profit fell to $-66.0M.

Operating margin went from -60.9% in 2019 to -103.7% in 2024, a fall of 42.8 percentage points. The most recent net margin is -63.23%. On a trailing twelve-month basis to Sep '25, revenue is $93.0M and net profit $-63.0M.

Borrowings fell from $36.0M to $15.0M, cash on hand is $61.8M, cash from operations was $-41.0M in the latest year, positive in 2 of the last 6.

Return on equity has averaged -22.9% over five years, and was -29.5% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Forge Global Holdings, Inc. (FRGE) — frequently asked questions

What is Forge Global Holdings, Inc. (FRGE) stock price today?

Forge Global Holdings, Inc. (FRGE) is currently trading at $45.00, up 0.42% today.

What is FRGE P/E ratio?

Forge Global Holdings, Inc.'s P/E ratio is -12.78. A negative P/E means the company reported a net loss over the last twelve months, so P/E is not a meaningful valuation measure for it right now.

What is FRGE return on equity (ROE)?

Forge Global Holdings, Inc.'s return on equity (ROE) is -22.85%. ROE measures net income relative to shareholders' equity. A negative ROE means the company reported a net loss over the period.

What is Forge Global Holdings, Inc.'s market cap?

Forge Global Holdings, Inc. has a market capitalization of $623.01M.

Does FRGE pay a dividend?

Forge Global Holdings, Inc. is not currently showing a dividend yield in our data, which means no recent cash dividend was recorded for it.

How much debt does FRGE carry?

Forge Global Holdings, Inc. has a debt-to-equity ratio of 0.02. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is FRGE's profit margin?

Forge Global Holdings, Inc. reports a net profit margin of -63.23% — the share of revenue left after every cost, including tax and interest.

What sector is FRGE in?

Forge Global Holdings, Inc. is classified under Technology, in the Software - Application industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is FRGE listed on?

Forge Global Holdings, Inc. trades on NYSE under the ticker FRGE.

What is FRGE's 52-week range?

Over the last year Forge Global Holdings, Inc. has traded between $6.60 and $45.03.

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Screens FRGE currently matches

On the figures above, Forge Global Holdings, Inc. passes the filters for 8 of our ready-made screens, among them Small Cap Stocks, Debt Free Stocks Under $100, Debt Free Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

Small Cap Stocks Debt Free Stocks Under $100 Debt Free Stocks Stocks Under $100 Stocks Under $50 NYSE Listed Stocks Debt to Equity Below 1 Stocks High Current Ratio Stocks

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