Forge Global Holdings reported Q4 2024 revenue of $18.3 million, a slight decrease from the previous quarter. Net loss was $16.0 million, with an EPS loss of $0.08. The company's trading volume declined by 12% quarter-over-quarter, but assets under custody grew by 2%. Operating expenses saw a decrease, improving adjusted EBITDA loss.
Forge Global Holdings reported a 4% year-over-year increase in total revenue, less transaction-based expenses, reaching $19.1 million. The company's trading volume increased by 44% to $338.1 million. Forge also launched Forge Price, a new pricing transparency initiative.
Forge Global Holdings reported a 15% quarter-over-quarter increase in total revenue less transaction-based expenses, driven by increased trading activity. The company is implementing expense reductions to accelerate its timeline to profitability.
Forge Global Holdings, Inc. announced its Q1 2024 financial results, showing revenue improvement and strategic advancements, including the launch of ForgePro and key executive appointments.
Forge Global Holdings, Inc. reported a 13% year-over-year increase in total revenue less transaction-based expenses, reaching $18.9 million in Q4 2023. Trading volume saw a modest increase, while net loss increased to $26.2 million. The company highlighted investments in technology development and data capabilities as key drivers for future growth.
Forge Global Holdings reported total revenue less transaction based expenses of $18.4 million and a trading volume of $234.1 million for Q3 2023. The company experienced a net loss of $19.0 million and an operating loss of $21.5 million. Despite the losses, trading volume was up 53% quarter-over-quarter.
Forge Global Holdings, Inc. reported total revenue less transaction-based expenses of $16.6 million and a net loss of $25.1 million for the second quarter of 2023. Trading volume was $153.2 million, and the net take rate was 3.7%. Forge was also added to the U.S. Small-Cap Russell 2000® Index.
Forge Global Holdings reported a total revenue less transaction-based expenses of $15.5 million and a net loss of $21.3 million for the first quarter of 2023. The company's trading volume was $128.2 million, with a net take rate of 3.6%.
Forge Global Holdings reported Q4 2022 results, with total revenue less transaction-based expenses at $16.7 million and a net loss of $26.2 million. Trading volume reached $246.9 million, and the net take rate was 2.8%. The company's cash and cash equivalents stood at $193.1 million at the end of the quarter.
Forge Global Holdings reported a decrease in revenue to $19.9 million compared to $31.1 million in the same quarter last year. The company experienced an operating loss of $38.8 million and a net loss of $64.4 million, impacted by one-time expenses related to the business combination.