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Forge Global Holdings (FRGE)
NYSE:FRGE
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-1.17Last Year’s EPS
-1.2Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 13.33%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented strong revenue growth and strategic partnerships as key highlights, suggesting positive momentum for Forge. However, challenges include declining custodial fees, increased operating expenses, and an unpredictable economic environment. The sentiment is mixed due to these positive and negative factors.Company Guidance
During the Forge First Quarter Fiscal 2025 Financial Results Conference Call, several key metrics and insights were highlighted. Forge reported its best revenue quarter as a public company, with total revenue reaching $25.3 million, marking a 36% increase from the previous quarter. Marketplace revenue was a significant contributor, totaling $16 million, driven by a trading volume of $692 million, which represented a 132% increase from the previous quarter. The company also noted a decline in net take rates from 2.8% to 2.3%, primarily due to large SPV block trades. Operating expenses increased to $41.6 million, with a net loss of $16.2 million, remaining flat compared to the previous quarter. The adjusted EBITDA loss was reported at $8.9 million. Forge is actively expanding its wealth management capabilities as its RIA grows beyond $1 billion in AUM, and the company announced its intent to acquire Accuidity Capital Management. The acquisition is expected to be accretive to EPS and transformational to Forge's revenue streams. The company also completed a 15-for-1 reverse stock split and commenced a share repurchase program, buying back approximately 315,000 shares at an average price of $13.15 per share.Record-Breaking Revenue
Forge achieved its best revenue quarter as a public company, with total revenue reaching $25.3 million, up 36% from the last quarter.
Significant Increase in Marketplace Revenues
Marketplace revenues were $16 million, up 85% from the last quarter, driven by a 132% increase in trading volume from $299 million to $692 million quarter-over-quarter.
Strategic Partnerships and Acquisitions
Forge announced partnerships with Yahoo Finance and Intercontinental Exchange (ICE) to distribute private market pricing data, and plans to acquire Accuidity Capital Management to expand into asset management.
Strong Pipeline and Liquidity
Continuous strong deal pipeline reported for the second quarter, with a liquidity position of $93.1 million at the end of March.
FRGE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FRGE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $12.08 | $13.41 | +11.01% |
Mar 05, 2025 | $12.23 | $10.04 | -17.91% |
Nov 06, 2024 | $19.65 | $16.95 | -13.74% |
Aug 07, 2024 | $19.65 | $20.40 | +3.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Forge Global Holdings (FRGE) report earnings?
Forge Global Holdings (FRGE) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Forge Global Holdings (FRGE) earnings time?
Forge Global Holdings (FRGE) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FRGE EPS forecast?
FRGE EPS forecast for the fiscal quarter 2025 (Q2) is -1.17.