NYSE$FRGE
Forge Global Holdings Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Forge reported its fourth consecutive quarter of revenue improvement, driven by market recovery and strategic focus on technology and data portfolio.
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.
- Total revenue less transaction-based expenses was $19.2 million.
- Trading volume reached $262.5 million.
- Net take rate was 3.2%.
- Launched ForgePro, the first major milestone in the Forge Next Generation Platform.
Headline financials
Revenue & EPS history
Forge · Revenue · Quarterly
$19.2M
Forward guidance
Forge estimates for the quarter ended June 30, 2024, that it will have 183 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 2024
-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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