NYSE$FRGE
Forge Global Holdings Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Forge Global Holdings, Inc. reported financial results for the quarter ended March 31, 2022.
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.
- Revenue was $19.9 million, compared to $31.1 million in the quarter ended March 31, 2021.
- Operating loss was $38.8 million, compared to an operating gain of $2.2 million in the quarter ended March 31, 2021, including $27.2 million of one-time expenses.
- Net loss was $64.4 million, compared to a net gain of $938 thousand in the quarter ended March 31, 2021, including $58.6 million in one-time and non-cash expenses.
- Adjusted EBITDA was a loss of $7.1 million, compared to an Adjusted EBITDA gain of $5.0 million in the quarter ended March 31, 2021.
Headline financials
Revenue & EPS history
Forge · Revenue · Quarterly
$20M
Forward guidance
Given the present volatility and uncertain market conditions, Forge will neither re-affirm the full-year 2022 revenue outlook previously provided in February 2022 prior to completion of the business combination nor provide any guidance at this point in time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports · overlaid with Q1 2022
-1.3%
Avg return
Earnings day
-3.1%
Avg return
5 days after
+0.1%
Avg return
30 days after
70%
14 / 20 earnings
Positive
+12.2%
Q1 2025
Best reaction
-22.7%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | +0.0% | -0.1% | +0.7% | |
| Q2 2025 | +1.1% | +37.2% | +11.7% | |
| Q1 2025 | +12.2% | +30.3% | +24.4% | |
| Q4 2024 | -17.9% | -31.9% | -42.5% | |
| Q3 2024 | -5.0% | -12.1% | -11.2% | |
| Q2 2024 | +11.5% | +0.8% | +4.2% | |
| Q1 2024 | -10.1% | -12.2% | -19.9% | |
| Q4 2023 | -22.7% | -28.6% | -27.1% | |
| Q3 2023 | +2.2% | -0.4% | +46.0% | |
| Q2 2023 | +6.9% | +3.7% | -19.5% | |
| Q1 2023 | +7.4% | -9.8% | +28.7% | |
| Q4 2022 | +4.1% | -0.6% | -9.3% | |
| Q3 2022 | +6.8% | +8.9% | -8.9% | |
| Q2 2022 | -7.8% | -12.1% | +0.2% | |
| Q1 2022 | -22.1% | -37.0% | -58.7% | |
| Q2 2021 | +3.6% | +5.6% | +41.7% | |
| Q4 2021 | +3.6% | +5.6% | +41.7% | |
| Q3 2021 | +0.5% | — | — | |
| Q1 2021 | +0.2% | — | — | |
| Q4 2020 | +0.2% | — | — |
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