FRGE Q3 2023 Earnings — Forge Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

FRGEForge Global Holdings, Inc.

$623M

Q3 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$19M+16.7% YoY

Gross Profit

$18M99.2% margin

Operating Income

-$22M-115.9% margin

Net Income

-$18M-98.8% margin

EPS (Diluted)

$-1.58

QoQ Revenue Growth

+11.0%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$318M

Total Liabilities

$32M

Stockholders' Equity

$280M

Cash & Equivalents

$155M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$16M	+16.7%
Gross Profit	$18M	$16M	+16.4%
Operating Income	-$22M	-$42M	+49.3%
Net Income	-$18M	-$16M	-13.3%

Revenue Segments

Custodial Administration Fees

$11M61%

Placement Fees

$7M39%

Geographic Segments

Non-US

$1M100%