FRGE - NYSE
Forge Global Holdings, Inc.
$45.00
+0.0000%Forge Global Holdings, Inc. provides marketplace infrastructure, data services, and technology solutions for private market participants. It enables private company shareholders to trade private company shares with accredited investors. The company was founded in 2014 and is based in San Francisco, California.
At a Glance
Live SnapshotForge Global Holdings, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Flat FCF growth. Stable but not expanding—monitor for signs of business maturity or temporary headwinds.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
Forge Global Holdings, Inc. Cash Flow Statement
FRGE • NYSE
| Forge Global Holdings, Inc. Cash Flow Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||
-67.8M | -91.5M | -111.9M | -18.5M | -9.7M | -15.2M | |
9.3M | 10.1M | 10M | 8.2M | 4M | 1.6M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.1M | |
30.5M | 34.3M | 57.9M | 12.2M | 4.9M | 7.3M | |
-8.1M | 9.3M | -10.3M | 6.3M | 1.2M | 523K | |
(913K) | (145K) | (0.0) | (0.0) | (0.0) | (0.0) | |
-4.3M | -3.6M | -14.5M | 2.7M | -2.9M | 6.5M | |
-40.5M | -41.5M | -68.8M | 10.9M | -2.5M | 1.8M | |
INVESTING ACTIVITIES | ||||||
-792K | -527K | -220K | -3.3M | -13K | -661K | |
(0.0) | (0.0) | (0.0) | (0.0) | -19.2M | -44.9M | |
(0.0) | -9.7M | (0.0) | (0.0) | (0.0) | (0.0) | |
0.0 | 2.1M | 0.0 | 0.0 | 0.0 | 0.0 | |
6.3M | 0.0 | -6.4M | 0.0 | -4.1M | -300K | |
(5.5M) | -8.2M | -6.7M | -3.3M | -23.4M | -45.8M | |
FINANCING ACTIVITIES | ||||||
528K | 0.0 | 208.5M | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | -19.4M | -2.1M | 28.5M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -84K | |
-4.4M | 57K | -15.6M | -3.4M | -25K | 71K | |
-3.9M | 57K | 192.9M | 26.6M | 39.4M | 40.1M | |
CASH FLOW SUMMARY | ||||||
-575K | 378K | 1.2M | 0.0 | 0.0 | 0.0 | |
-39.5M | -49.2M | 118.6M | 34.2M | 13.5M | -3.9M | |
145.8M | 195M | 76.4M | 42.2M | 28.7M | 32.6M | |
106.3M | 145.8M | 195M | 76.4M | 42.2M | 28.7M | |
-41.3M | -42M | -75.5M | 7.6M | -3.7M | 1.1M |
SEC Filings
FRGE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | March 02, 2026 | March 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 23, 2026 | January 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 14, 2026 | January 13, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 29, 2025 | December 22, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 13, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 13, 2025 | November 13, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 05, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 21, 2025 | October 14, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 24, 2025 | September 22, 2025 | 2025 | |
8-K/A 8-K/A 2025 (Amended) N/A | September 17, 2025 | July 02, 2025 | 2025 |
Related Guides
Continue your FRGE research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.