NYSE$FRGE
Forge Global Holdings Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Forge Global Holdings, Inc. reported financial results for the quarter ended March 31, 2023.
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%.
- Total revenue less transaction based expenses was $15.5 million in 1Q23.
- Trading volume was $128.2 million in 1Q23.
- Net take rate was 3.6% in 1Q23.
- Forge Trust Custodial Cash was $574 million in 1Q23.
Headline financials
Revenue & EPS history
Forge · Revenue · Quarterly
$15.5M
Forward guidance
We estimate for the quarter ended June 30, 2023 that Forge will have 173 million weighted average basic shares outstanding, which will be used to calculate earnings per share in a loss position.
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 2023
-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% | — | — |
Discussion
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