YOLFTbeta
Forum Markets, Incorporated

Forum Markets, Incorporated

FRMM · NASDAQ · Technology / Software - Application

2.16USD-0.20 (-8.47%)

Price History

Full chart

Market Stats

Previous Close2.36
Open2.45
Day Range2.16 – 2.50
52-Week Range1.76 – 27.10
Volume144.88K
Market Cap68.77M
P/E (TTM)0.00
Forward P/E32.26
EPS-52.32
Dividend Yield0.00%
Beta1.46
50-Day Avg5.51
200-Day Avg4.82

About

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.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. McAndrew Rudisill BA(Econ)
  • Headquarters2875 South Ocean Blvd, Palm Beach, FL, United States, 33480, USA
  • Websitehttps://www.forum-markets.com

Leadership

  • Mr. McAndrew Rudisill BA(Econ)Executive Chairman & CEO · b. 1979
  • Mr. John T. SaundersSenior VP, CFO & Secretary · b. 1983
  • Mr. Eric R. Van LentSecretary · b. 1983
  • Mr. John D. KristoffSenior Vice President of Corporate Communications & Investor Relations · b. 1968
  • Mr. Robert Vanneman SpakeGeneral Counsel

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue00006.55M
Gross Profit----6.55M
Gross Margin----100.00%
Operating Expense----240.00M
Operating Income-15.64M-17.90M-13.48M-4.42M-233.45M
Operating Margin-----3565.76%
EBITDA-----440.48M
EBITDA Margin-----6727.89%
Net Income-20.32M-38.73M-19.94M-6.17M-450.52M
Net Income Margin-----6881.33%
R&D3.95M2.43M2.78M1.97M-
Interest Expense186.21K28.18K44.83K35.00K3.06M
Interest Expense % of Total Revenue----46.68%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets62.71M19.65M5.26M12.76M306.30M
Total Liabilities23.39M8.31M5.39M3.51M66.88M
Total Equity39.32M11.34M-127.73K9.25M239.42M
Cash8.22M6.97M1.98M4.57M8.02M
Total Debt----26.20M
Net Debt----18.18M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--19.37M-12.13M-10.92M-1.17M-26.05M
Investing Cash Flow------127.63M
Financing Cash Flow-25.41M10.87M5.91M4.07M158.15M
Capital Expenditure000000
Free Cash Flow--19.37M-12.13M-10.92M-1.17M-26.05M
FCF to OCF-100.00%100.00%100.00%100.00%100.00%

Earnings

Report DateJun 30, 2020Sep 30, 2020Mar 31, 2021Sep 1, 2021Nov 15, 2021Mar 2, 2022May 16, 2022Aug 9, 2022Nov 10, 2022Mar 31, 2023May 31, 2023Aug 8, 2023Nov 29, 2023Feb 28, 2024May 29, 2024Aug 6, 2024Nov 27, 2024Feb 26, 2025May 15, 2025Aug 29, 2025Nov 17, 2025May 14, 2026Aug 13, 2026Nov 13, 2026
EPS Estimate-----456.00--494.00-494.00-418.00-418.00------------0.22-0.21-0.12
EPS Actual-4611.97-2429.27-2202.05-2833.66874.00115.69190.00342.00-253.46-281.33-241.46-133.66-245.28-22.95-16.760.13-8.53-38.67-0.67-3.02-17.45-3.64-0.73-
Surprise----291.67%-138.46%169.23%39.36%32.70%------------1554.55%-247.62%-
Timing----Pre-market-Pre-marketAfter-hoursAfter-hoursAfter-hours-----------Pre-marketPre-market-

Key Statistics & Ratios

Market Cap68.77M
Enterprise Value89.89M
Trailing P/E0.00
Forward P/E32.26
Price / Sales6.38
Price / Book0.53
EPS-52.32
Book Value9.68
Revenue (TTM)10.77M
Gross Profit (TTM)9.30M
EBITDA-243.27M
Profit Margin0.00%
Operating Margin-728.35%
Return on Equity-796.17%
Return on Assets-180.20%
Shares Outstanding13.20M
Shares Float9.33M
Beta1.46
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
43.24%
Insiders
42.72%
Retail / Other
14.04%

Top Institutional Holders

  • STOKES FAMILY OFFICE, LLC
    958.27K7.26%
  • Vise Technologies, Inc.
    857.14K6.49%
  • Hunting Hill Global Capital, LLC
    852.11K6.46%
  • Woodline Partners LP
    538.05K4.08%
  • Wolverine Asset Management LLC
    519.29K3.93%
  • Citadel Advisors Llc
    413.55K3.13%
  • Saba Capital Management, LP
    371.56K2.82%
  • UBS Group AG
    327.79K2.48%
  • DRW Securities, LLC
    270.73K2.05%
  • BlackRock Inc
    252.43K1.91%
  • Geode Capital Management, LLC
    203.63K1.54%
  • Vanguard Capital Management, LLC
    184.39K1.40%
  • The Goldman Sachs Group Inc
    161.75K1.23%
  • Morgan Stanley - Brokerage Accounts
    151.64K1.15%
  • Jane Street Group LLC
    111.85K0.85%
  • Barclays PLC
    96.08K0.73%
  • ExodusPoint Capital Management, LP
    95.49K0.72%
  • Bank of America Corp
    94.36K0.71%

Top Fund Holders

  • R-co Thematic Blockchain Global Eq I EUR
    658.74K4.99%
  • Vanguard MStar Total Stk Mkt Idx Invest
    151.67K1.15%

Stock Splits

  • Oct 20, 20251:10
  • Feb 28, 20241:19
  • Dec 19, 20221:20