FRGE Q1 2022 Earnings — Forge Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

FRGEForge Global Holdings, Inc.

$623M

Q1 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$20M-37.5% YoY

Gross Profit

$20M99.3% margin

Operating Income

-$39M-193.5% margin

Net Income

-$64M-321.8% margin

EPS (Diluted)

$-14.64

QoQ Revenue Growth

-32.5%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$32M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$379M

Total Liabilities

$93M

Stockholders' Equity

$286M

Cash & Equivalents

$204M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$32M	-37.5%
Gross Profit	$20M	$31M	-36.0%
Operating Income	-$39M	$2M	-1840.8%
Net Income	-$64M	$938,000	-6968.2%

Revenue Segments

Placement Fees

$15M73%

Custodial Administration Fees

$5M27%

Geographic Segments

Non-US

$3M100%