FRMM
Forum Markets, Incorporated
Price Chart
Latest Quote
$5.02
-0.14 (-2.71%)
Current Price
| Previous Close | $5.16 |
| Open | $4.94 |
| Day High | $5.12 |
| Day Low | $4.94 |
| Volume | 43,659 |
Stock Information
| Shares Outstanding | 14.54M |
| Total Debt | $27.10M |
| Cash Equivalents | $65.91M |
| Revenue | $9.41M |
| Net Income | $-519.10M |
| Sector | Technology |
| Industry | Software - Application |
| Market Cap | $73.01M |
| EPS (TTM) | $-52.42 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $36.24M |
| Sales | $9.41M |
| Income | $-519.10M |
| Book/sh | $8.29 |
| Cash/sh | $4.53 |
Financial Ratios
| Quick Ratio | 4.97 |
| Current Ratio | 6.19 |
| Debt/Eq | 16.10 |
Returns & Margins
| ROA | -134.61% |
| ROE | -589.75% |
| Gross Margin | 100.00% |
| Operating Margin | -162.05% |
Ownership
| Insider Ownership | 63.86% |
| Institutional Ownership | 47.85% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 9.21 |
| P/S | 7.76 |
| P/B | 0.61 |
Analyst Data
| Recommendation | none |
| Target Price | $9.50 |
Technical Indicators
| SMA20 | $4.94 |
| SMA50 | $4.56 |
| SMA200 | $9.09 |
| RSI | 55.87 |
| ATR | 0.4229 |
| Shares Float | 6.16M |
| Short Float | 25.68% |
| Short Ratio | 8.59 |
| Volatility | 1.45 |
| Rel Volume | 0.15 |
Performance History
| Week | -2.33% |
| Month | +2.87% |
| Quarter | +71.92% |
| 6 Months | -21.07% |
| YTD | -1.76% |
| Year | -41.90% |
| 3 Years | -97.72% |
| 5 Years | -99.99% |
| 10 Years | -99.99% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-23 | $5.02 | 43,659 |
| 2026-06-22 | $5.16 | 272,100 |
| 2026-06-18 | $5.05 | 308,500 |
| 2026-06-17 | $5.08 | 184,500 |
| 2026-06-16 | $5.31 | 395,600 |
| 2026-06-15 | $5.14 | 216,900 |
| 2026-06-12 | $5.35 | 300,000 |
| 2026-06-11 | $5.29 | 241,700 |
| 2026-06-10 | $5.53 | 287,100 |
| 2026-06-09 | $5.22 | 349,500 |
| 2026-06-08 | $5.31 | 183,400 |
| 2026-06-05 | $5.09 | 657,000 |
| 2026-06-04 | $4.97 | 266,600 |
| 2026-06-03 | $4.87 | 443,800 |
| 2026-06-02 | $4.77 | 262,300 |
| 2026-06-01 | $4.57 | 292,800 |
| 2026-05-29 | $4.43 | 273,100 |
| 2026-05-28 | $4.27 | 150,100 |
| 2026-05-27 | $4.20 | 114,800 |
| 2026-05-26 | $4.13 | 664,600 |
About Forum Markets, Incorporated
Forum Markets, Incorporated, a financial technology company, develops a blockchain-based platform focused on the acquisition, structuring, and tokenization of real-world assets worldwide. The company facilitates decentralized finance (DeFi) transactions and asset digitization across multiple Layer 2 Ethereum networks. It also provides tokenization solutions, DeFi protocol integration, blockchain analytics, traditional-to-digital asset conversion gateways, and other DeFi services. It serves financial institutions, businesses, and organizations. The company was formerly known as ETHZilla Corporation and changed its name to Forum Markets, Incorporated in February 2026. Forum Markets, Incorporated is headquartered in Palm Beach, Florida.
đ° Latest News
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Forum Markets Inc (FRMM) Q1 2026 Earnings Call Highlights: Navigating Losses and Strategic Shifts
GuruFocus.com âĸ 2026-05-14T23:05:31ZForum Markets (FRMM) Is Lending to AI Chip Buyers While Tokenizing Real Assets on Ethereum
Insider Monkey âĸ 2026-04-21T10:55:11Z
Forum Markets Stock Jumps 19% After Board Revives Buyback and Launches Strategic Review
CryptoProwl âĸ 2026-04-17T15:45:00Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $6,547,000 | $0 | $0 | $0 |
| Operating Revenue | $6,547,000 | $0 | $0 | $0 |
| Expenses | ||||
| Interest Expense | $3,056,000 | $35,000 | $44,828 | $28,175 |
| Total Expenses | $246,322,000 | $4,419,000 | $13,477,500 | $17,897,965 |
| Other Income Expense | $-205,245,000 | $1,842,000 | $-8,762,198 | $-21,744,376 |
| Other Non Operating Income Expenses | $-125,039,000 | $1,789,000 | $21,074 | - |
| Net Non Operating Interest Income Expense | $1,489,000 | $-35,000 | $-44,828 | $-26,667 |
| Interest Expense Non Operating | $3,056,000 | $35,000 | $44,828 | $28,175 |
| Operating Expense | $246,322,000 | $4,419,000 | $13,477,500 | $17,897,965 |
| Other Operating Expenses | $6,325,000 | - | - | - |
| General And Administrative Expense | $239,997,000 | $4,419,000 | $10,692,972 | $15,465,400 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-443,531,000 | $-2,614,000 | $-19,935,112 | $-38,726,259 |
| Net Interest Income | $1,489,000 | $-35,000 | $-44,828 | $-26,667 |
| Interest Income | $4,545,000 | $0 | $0 | $1,508 |
| Normalized Income | $-363,325,000 | $-2,655,870 | $-12,082,867 | $-17,503,748 |
| Net Income From Continuing And Discontinued Operation | $-450,521,000 | $-6,168,000 | $-19,935,112 | $-38,726,259 |
| Total Operating Income As Reported | $-233,450,000 | $-4,419,000 | $-13,477,500 | $-17,897,965 |
| Net Income Common Stockholders | $-450,521,000 | $-14,180,000 | $-19,935,112 | $-38,726,259 |
| Net Income | $-450,521,000 | $-6,168,000 | $-19,935,112 | $-38,726,259 |
| Net Income Including Noncontrolling Interests | $-450,521,000 | $-6,168,000 | $-19,935,112 | $-38,726,259 |
| Net Income Discontinuous Operations | $-6,990,000 | $-3,554,000 | - | - |
| Net Income Continuous Operations | $-443,531,000 | $-2,614,000 | $-19,935,112 | $-38,726,259 |
| Pretax Income | $-443,531,000 | $-2,612,000 | $-22,284,526 | $-39,669,008 |
| Special Income Charges | $0 | $53,000 | $-8,858,595 | $-36,889,362 |
| Interest Income Non Operating | $4,545,000 | $0 | $0 | $1,508 |
| Operating Income | $-239,775,000 | $-4,419,000 | $-13,477,500 | $-17,897,965 |
| Per Share | ||||
| Diluted EPS | $-55.18 | $-67.39 | $-525.90 | $-3871.80 |
| Basic EPS | $-55.18 | $-67.39 | $-525.90 | $-3871.80 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $11,130 | $-931,027 | $-521,865 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-360,269,000 | $-2,630,000 | $-13,350,751 | $-17,787,453 |
| Total Unusual Items | $-80,206,000 | $53,000 | $-8,783,272 | $-21,744,376 |
| Total Unusual Items Excluding Goodwill | $-80,206,000 | $53,000 | $-8,783,272 | $-21,744,376 |
| EBITDA (Bullshit earnings) | $-440,475,000 | $-2,577,000 | $-22,134,023 | $-39,531,829 |
| EBIT | $-440,475,000 | $-2,577,000 | $-22,239,698 | $-39,640,833 |
| Diluted Average Shares | $8,165,000 | $915,374 | $379,089 | $100,020 |
| Basic Average Shares | $8,165,000 | $915,374 | $379,089 | $100,020 |
| Diluted NI Availto Com Stockholders | $-450,521,000 | $-14,180,000 | $-19,935,112 | $-38,726,259 |
| Otherunder Preferred Stock Dividend | $0 | $8,012,000 | - | - |
| Tax Provision | $0 | $2,000 | $-2,349,414 | $-942,749 |
| Gain On Sale Of Security | $-80,206,000 | $58 | $75,323 | $15,144,986 |
| Selling General And Administration | $239,997,000 | $4,419,000 | $10,692,972 | $15,465,400 |
| Other Gand A | $239,997,000 | $4,419,000 | $10,692,972 | $15,465,400 |
| Reconciled Depreciation | - | $58,277 | $105,675 | $109,004 |
| Preferred Stock Dividends | - | $8,011,510 | - | - |
| Other Special Charges | - | $-53,000 | $-204,405 | - |
| Write Off | - | $1,526,542 | $9,063,000 | $3,342,084 |
| Research And Development | - | $1,969,267 | $2,784,528 | $2,432,565 |
| Impairment Of Capital Assets | - | - | $0 | $33,547,278 |
| Gain On Sale Of Ppe | - | - | - | - |
Fetched: 2026-06-23
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $239,418,000 | $9,252,000 | $-1,747,303 | $622,060 |
| Total Assets | $306,297,000 | $12,764,000 | $5,259,476 | $19,650,248 |
| Total Non Current Assets | $292,727,000 | $7,622,000 | $1,619,570 | $10,721,858 |
| Other Non Current Assets | $61,587,000 | $7,622,000 | - | - |
| Non Current Accounts Receivable | $181,011,000 | - | - | - |
| Investmentin Financial Assets | $50,129,000 | $0 | - | - |
| Current Assets | $13,570,000 | $5,142,000 | $3,639,906 | $8,928,390 |
| Other Current Assets | $20,000 | - | - | - |
| Assets Held For Sale Current | $22,000 | $97,000 | - | - |
| Restricted Cash | $1,016,000 | $0 | - | - |
| Prepaid Assets | $4,494,000 | $478,000 | $1,214,029 | $1,337,309 |
| Cash Cash Equivalents And Short Term Investments | $8,018,000 | $4,567,000 | $1,975,799 | $6,970,110 |
| Cash And Cash Equivalents | $8,018,000 | $4,567,000 | $1,975,799 | $6,970,110 |
| Goodwill And Other Intangible Assets | - | $7,622,041 | $1,619,570 | $10,721,858 |
| Other Intangible Assets | - | $7,622,041 | $1,619,570 | $10,721,858 |
| Receivables | - | $41,187 | $450,078 | $620,971 |
| Taxes Receivable | - | $41,187 | $450,078 | $620,971 |
| Cash Financial | - | $4,585,141 | $1,975,799 | $6,970,110 |
| Debt | ||||
| Net Debt | $49,696,000 | - | - | - |
| Total Debt | $57,714,000 | $1,000 | $1,054,060 | $1,339,705 |
| Long Term Debt And Capital Lease Obligation | $25,950,000 | $6,616 | $19,936 | $31,189 |
| Long Term Debt | $25,950,000 | $6,616 | $19,936 | $31,189 |
| Current Debt And Capital Lease Obligation | $31,764,000 | $1,000 | $1,034,124 | $1,308,516 |
| Current Debt | $31,764,000 | $1,000 | $1,034,124 | $1,308,516 |
| Other Current Borrowings | $31,764,000 | $1,000 | $1,034,124 | $1,308,516 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $66,879,000 | $3,512,000 | $5,387,209 | $8,306,330 |
| Total Non Current Liabilities Net Minority Interest | $25,950,000 | $7,000 | $324,593 | $2,648,548 |
| Liabilities Heldfor Sale Non Current | $0 | $7,000 | - | - |
| Current Liabilities | $40,929,000 | $3,505,000 | $5,062,616 | $5,657,782 |
| Other Current Liabilities | $1,232,000 | $2,841,000 | $58 | $75,381 |
| Payables And Accrued Expenses | $1,556,000 | $359,000 | $3,498,051 | $2,715,861 |
| Payables | $1,556,000 | $359,000 | $2,158,620 | $1,801,210 |
| Accounts Payable | $1,539,000 | $306,000 | $1,892,611 | $1,801,210 |
| Non Current Deferred Liabilities | - | $0 | $304,657 | $2,617,359 |
| Non Current Deferred Taxes Liabilities | - | $0 | $304,657 | $2,617,359 |
| Interest Payable | - | $58,940 | $70,923 | $36,422 |
| Equity | ||||
| Common Stock Equity | $239,418,000 | $9,252,000 | $-127,733 | $11,343,918 |
| Total Equity Gross Minority Interest | $239,418,000 | $9,252,000 | $-127,733 | $11,343,918 |
| Stockholders Equity | $239,418,000 | $9,252,000 | $-127,733 | $11,343,918 |
| Gains Losses Not Affecting Retained Earnings | $-2,993,000 | $-2,917,000 | $-2,901,339 | $-2,885,523 |
| Other Equity Adjustments | $-2,993,000 | $-2,917,000 | $-2,901,339 | $-2,885,523 |
| Retained Earnings | $-592,044,000 | $-141,523,000 | $-127,343,657 | $-107,408,545 |
| Preferred Stock Equity | - | $100 | - | - |
| Other | ||||
| Ordinary Shares Number | $19,012,231 | $3,176,999 | $534,718 | $197,205 |
| Share Issued | $19,012,231 | $3,176,999 | $534,718 | $197,205 |
| Tangible Book Value | $239,418,000 | $9,252,000 | $-1,747,303 | $622,060 |
| Invested Capital | $297,132,000 | $9,253,000 | $926,327 | $12,683,623 |
| Working Capital | $-27,359,000 | $1,637,000 | $-1,422,710 | $3,270,608 |
| Total Capitalization | $265,368,000 | $9,252,000 | $-107,797 | $11,375,107 |
| Additional Paid In Capital | $834,453,000 | $153,692,000 | $130,117,209 | $121,637,966 |
| Capital Stock | $2,000 | $0 | $54 | $20 |
| Common Stock | $2,000 | $0 | $54 | $20 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Pensionand Other Post Retirement Benefit Plans Current | $6,377,000 | $304,000 | $530,383 | $1,558,024 |
| Dueto Related Parties Current | $17,000 | $53,000 | $266,009 | $0 |
| Investments And Advances | $50,129,000 | $0 | - | - |
| Available For Sale Securities | $50,129,000 | - | - | - |
| Current Accrued Expenses | - | $739,674 | $1,339,431 | $914,651 |
| Goodwill | - | - | - | $0 |
| Non Current Accrued Expenses | - | - | - | - |
| Duefrom Related Parties Current | - | - | - | - |
Fetched: 2026-06-23
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-26,052,000 | $-1,171,000 | $-10,922,223 | $-12,127,585 |
| Operating Activities | ||||
| Operating Cash Flow | $-26,052,000 | $-1,171,000 | $-10,922,223 | $-12,127,585 |
| Cash From Discontinued Operating Activities | $-758,000 | $-24,000 | - | - |
| Cash Flow From Continuing Operating Activities | $-25,294,000 | $-1,147,000 | $-10,922,223 | $-12,127,585 |
| Operating Gains Losses | $102,446,000 | $-58 | $-75,323 | $-15,144,986 |
| Investing Activities | ||||
| Investing Cash Flow | $-127,634,000 | $0 | - | - |
| Cash From Discontinued Investing Activities | $0 | $0 | - | - |
| Cash Flow From Continuing Investing Activities | $-127,634,000 | $0 | - | - |
| Net Other Investing Changes | $-110,008,000 | - | - | - |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-46,263,000 | $0 | $0 | $-1,014,973 |
| Issuance Of Capital Stock | $303,762,000 | $2,573,000 | $5,999,488 | $12,499,588 |
| Financing Cash Flow | $158,153,000 | $4,032,000 | $5,907,887 | $10,873,606 |
| Cash From Discontinued Financing Activities | $-151,000 | $-33,000 | - | - |
| Cash Flow From Continuing Financing Activities | $158,304,000 | $4,065,000 | $5,907,887 | $10,873,606 |
| Net Common Stock Issuance | $257,499,000 | $2,573,000 | $5,999,488 | $11,484,615 |
| Common Stock Issuance | $303,762,000 | $2,573,000 | $5,999,488 | $12,499,588 |
| Net Other Financing Charges | - | - | $195,953 | - |
| Other | ||||
| Repayment Of Debt | $-655,257,000 | $-1,306,000 | $-1,257,388 | $-1,672,312 |
| Issuance Of Debt | $550,001,000 | $0 | $969,322 | $1,060,890 |
| Interest Paid Supplemental Data | $0 | $12,000 | $21,722 | $15,060 |
| End Cash Position | $9,034,000 | $4,567,000 | $1,975,799 | $6,970,110 |
| Beginning Cash Position | $4,567,000 | $1,706,000 | $6,970,110 | $8,224,508 |
| Changes In Cash | $4,467,000 | $2,861,000 | $-5,014,336 | $-1,253,979 |
| Proceeds From Stock Option Exercised | $6,061,000 | $2,798,000 | $512 | $413 |
| Common Stock Payments | $-46,263,000 | $0 | $0 | $-1,014,973 |
| Net Issuance Payments Of Debt | $-105,256,000 | $-1,306,000 | $-288,066 | $-611,422 |
| Net Long Term Debt Issuance | $-105,256,000 | $-1,306,000 | $-288,066 | $-611,422 |
| Long Term Debt Payments | $-655,257,000 | $-1,306,000 | $-1,257,388 | $-1,672,312 |
| Long Term Debt Issuance | $550,001,000 | $0 | $969,322 | $1,060,890 |
| Net Investment Purchase And Sale | $-17,626,000 | $0 | - | - |
| Purchase Of Investment | $-17,626,000 | $0 | - | - |
| Change In Working Capital | $-1,464,000 | $1,240,000 | $-14,104 | $2,722,626 |
| Change In Payables And Accrued Expense | $1,850,000 | $-55,000 | $-351,386 | $1,704,323 |
| Change In Accrued Expense | $500,000 | $94,000 | $-637,796 | $489,724 |
| Change In Payable | $1,350,000 | $-149,000 | $286,410 | $1,214,599 |
| Change In Account Payable | $1,350,000 | $-149,000 | $286,410 | $1,214,599 |
| Change In Prepaid Assets | $-3,314,000 | $1,295,000 | $337,282 | $1,018,303 |
| Other Non Cash Items | $97,345,000 | $-53,000 | $89,189 | $331,591 |
| Stock Based Compensation | $213,447,000 | $280,000 | $2,283,324 | $2,965,417 |
| Unrealized Gain Loss On Investment Securities | $138,000 | $0 | - | - |
| Provisionand Write Offof Assets | $6,325,000 | $0 | - | - |
| Gain Loss On Investment Securities | $102,446,000 | $-58 | $-75,323 | $-15,144,986 |
| Net Income From Continuing Operations | $-443,531,000 | $-2,614,000 | $-19,935,112 | $-38,726,259 |
| Income Tax Paid Supplemental Data | - | $0 | $0 | $0 |
| Effect Of Exchange Rate Changes | - | $52,194 | $20,025 | $-419 |
| Asset Impairment Charge | - | $1,526,542 | $9,063,000 | $36,889,362 |
| Deferred Tax | - | $-292,417 | $-2,349,683 | $-942,749 |
| Deferred Income Tax | - | $-292,417 | $-2,349,683 | $-942,749 |
| Depreciation Amortization Depletion | - | $58,277 | $105,675 | $109,004 |
| Depreciation And Amortization | - | $58,277 | $105,675 | $109,004 |
| Amortization Cash Flow | - | - | $105,675 | $109,004 |
| Amortization Of Intangibles | - | - | $105,675 | $109,004 |
| Net Short Term Debt Issuance | - | - | - | $979,613 |
| Short Term Debt Payments | - | - | - | $-81,277 |
| Short Term Debt Issuance | - | - | - | $1,060,890 |
| Net Business Purchase And Sale | - | - | - | - |
| Sale Of Business | - | - | - | - |
| Change In Receivables | - | - | - | - |
| Net Foreign Currency Exchange Gain Loss | - | - | - | - |
| Gain Loss On Sale Of PPE | - | - | - | - |
Fetched: 2026-06-23