FRGE Q2 2024 Earnings — Forge Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

FRGEForge Global Holdings, Inc.

$623M

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$22M+33.3% YoY

Gross Profit

-$7M-30.3% margin

Operating Income

-$18M-79.2% margin

Net Income

-$14M-61.6% margin

EPS (Diluted)

$-1.13

QoQ Revenue Growth

+15.8%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$286M

Total Liabilities

$36M

Stockholders' Equity

$245M

Cash & Equivalents

$115M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22M	$17M	+33.3%
Gross Profit	-$7M	$17M	-140.6%
Operating Income	-$18M	-$23M	+21.7%
Net Income	-$14M	-$25M	+44.9%

Revenue Segments

Marketplace

$12M52%

Custodial Administration Fees

$11M48%

Geographic Segments

Non-US

$2M100%