NYSE$FRGE
Forge Global Holdings Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Forge reported a slight revenue increase and a larger net loss compared to the previous quarter.
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.
- Total revenue less transaction-based expenses increased 13% year-over-year to $18.9 million.
- Trading volume increased 1% year-over-year to $250.4 million.
- Net loss increased from $19.0 million in Q3 2023 to $26.2 million in Q4 2023.
- Total assets under custody increased 5% year-over-year.
Headline financials
Revenue & EPS history
Forge · Revenue · Quarterly
$19.1M
Forward guidance
Forge estimates 180 million weighted average basic shares outstanding for the quarter ending March 31, 2024.
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 Q4 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% | — | — |
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