FRGE Q2 2023 Earnings — Forge Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

FRGEForge Global Holdings, Inc.

$623M

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$17M+0.5% YoY

Gross Profit

$17M99.5% margin

Operating Income

-$23M-134.9% margin

Net Income

-$25M-148.9% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

+8.2%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$326M

Total Liabilities

$31M

Stockholders' Equity

$290M

Cash & Equivalents

$160M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$17M	+0.5%
Gross Profit	$17M	$16M	+1.1%
Operating Income	-$23M	-$26M	+13.4%
Net Income	-$25M	-$5M	-386.2%

Revenue Segments

Custodial Administration Fees

$11M100%

Geographic Segments

Non-US

$1M100%