Forge Results Presentation Deck
Forge Global Holdings, Inc. - Financial Information, Key and Other Business Metrics (Unaudited)
FINANCIAL INFORMATION ($ in 000s unless otherwise stated)
Operating Results
Placement fee revenues (¹)
Custodial administration fees
Transaction-based expenses
Total revenues, less transaction-based expenses
Total operating expenses
Operating loss
Net loss
Adjusted EBIT DA
Non-GAAP Adjusted EBITDA Reconciliation
Net loss
(+) Interest expense (income), net
(+) Provision for (benefit from) income taxes
(+) Depreciation and amortization
(+) Loss on impairment of long lived assets
(+) Share-based compensation
(+) Change in fair value of w arrant liabilities
(+) Acquisition-related transaction costs
(+) Transaction bonus
Adjusted EBITDA
$
$
$
$
$
$
$
$
Q4'21
24,329 S
5,341
140
29,810 $
35,327
$
(5,517) $
(6,360) $
(1,472) $
(6,360) $
(16)
187
1,253
2,256
489
719
(1,472) $
Q1'22
14,585 $
5,437
(132)
19,890 $
58,641 $
(38,751) $
(64,424) $
(7,053) $
(64,424) $
(21)
123
1,082
265
8,522
25,959
3,706
17,735
(7,053) $
(1) Includes fees from Forge Data and our private company solutions.
Q2'22
10,951 $
5,689
(178)
16,462 $
42,510 $
(26,048) $
(5,119) $
(12,274) $
(5,119) $
(266)
35
2,021
181
10,740
(20,558)
692
(12,274) $
Q3'22
8,227 S
7,673
(86)
15,814 $
58,250 $
(42,436) $
(16,198) $
(13,273) $
(16,198) $
(874)
48
1,428
26,712
(25,210)
821
(13,273) $
Q4'22
6,902 $
9,919
(87)
16,734 $
44,539 $
(27,805) $
(26,164) $
(14,251) $
(26,164) $
(1,520)
121
1,495
11,950
(27)
(106)
(14,251) $
Q1'23
4,632 $
10,847
(19)
15,460 $
38,428
$
(22,968) $
(21,261) $
(13,027) $
(21,261) S
(1,509)
185
1,789
536
7,401
(168)
(13,027) $
Q2'23
5,723 $
10,997
(83)
16,637 $
39,190 $
(22,553) $
(25,100) $
(11,780) $
(25,100) $
(1,319)
293
1,747
8,809
3,790
(11,780) $
Q3'23
7,283
11,280
(148)
18,415
39,928
(21,513)
(18,957)
(10,355)
(18,957)
(1,725)
291
1,710
-
9,233
(907)
(10,355)
S
$
$
$
$
$
$
$
2020
29,240
22,404
(3,888)
47,756 $
55,373 $
(7,617) $
$
(9,712) $
2,783
2,406
(9,712) $
2,405
(803)
4,906
292
3,289
$
2,783 $
2021
107,723 $
20,333
(3,034)
125,022 $
134,811 $
(9,789) $
(18,499) $
8,761 $
(18,499) $
2,307
386
5,390
12,231
6,064
882
8,761
$
2022
40,665
28,718
(483)
68,900
203,940
(135,040)
(111,905)
(46,851)
(111,905)
(2,681)
327
6,026
446
57,924
(19,836)
5,113
17,735
(46,851)
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