FRGE Q3 2024 Earnings — Forge Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

FRGEForge Global Holdings, Inc.

$623M

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$19M+3.5% YoY

Gross Profit

-$10M-50.0% margin

Operating Income

-$21M-108.8% margin

Net Income

-$18M-95.5% margin

EPS (Diluted)

$-1.49

QoQ Revenue Growth

-13.8%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$6M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$277M

Total Liabilities

$38M

Stockholders' Equity

$235M

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$19M	+3.5%
Gross Profit	-$10M	$18M	-152.2%
Operating Income	-$21M	-$22M	+2.8%
Net Income	-$18M	-$18M	+0.0%

Revenue Segments

Custodial Administration Fees

$11M55%

Marketplace

$9M45%

Geographic Segments

Non-US

$1M100%