FRGE Q4 2022 Earnings — Forge Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

FRGEForge Global Holdings, Inc.

$623M

Q4 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$17M-43.3% YoY

Gross Profit

$17M99.5% margin

Operating Income

-$28M-165.3% margin

Net Income

-$26M-155.3% margin

EPS (Diluted)

$-2.29

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$11M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$364M

Total Liabilities

$38M

Stockholders' Equity

$319M

Cash & Equivalents

$193M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$30M	-43.3%
Gross Profit	$17M	$30M	-43.9%
Operating Income	-$28M	-$6M	-404.0%
Net Income	-$26M	-$6M	-310.7%

Revenue Segments

Custodial Administration Fees

$10M59%

Placement Fees

$7M41%

Geographic Segments

Non-US

$800,000100%