InsiderClue
Stocks · Financials · Finance Services

FORUM MARKETS Inc

FRMM Clue Score32
United States Fiscal year ends December CIK 0001690080
$4.48 -0.22% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $4.48 −16.26% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 Jun 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Operating income−0.3Net income0.1EPS, diluted0.01Fiscal year 2018Operating income−0.6Net income1.0 +740.7%EPS, diluted0.07Fiscal year 2019Operating income−20.9Net income−25.4 −2,540.5%EPS, diluted−0.02Fiscal year 2020Operating income−5.6Net income−10.9Fiscal year 2021Operating income−15.6Net income−20.3EPS, diluted−12.96Fiscal year 2022Operating income−17.9Net income−38.7EPS, diluted−387.18Fiscal year 2023Operating income−13.5Net income−19.9EPS, diluted−52.59Fiscal year 2024Operating income−4.4Net income−14.2EPS, diluted−28.56Fiscal year 2025Revenue6.5Operating income−233.5Net income−450.5EPS, diluted−54.32
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a n/a n/a n/a n/a n/a n/a n/a 6.5
Growth
Operating income −0.3 −0.6 −20.9 −5.6 −15.6 −17.9 −13.5 −4.4 −233.5
Net income 0.1 1.0 −25.4 −10.9 −20.3 −38.7 −19.9 −14.2 −450.5
Growth +740.7% −2,540.5%
EPS, diluted 0.01 0.07 −0.02 n/a −12.96 −387.18 −52.59 −28.56 −54.32

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Fiscal year 2018Fiscal year 2019Fiscal year 2020Fiscal year 2021Fiscal year 2022Fiscal year 2023Fiscal year 2024Fiscal year 2025Operating margin−3,565.8%Net margin−6,881.3%Free cash flow margin−4,129.0%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin n/a n/a n/a n/a n/a n/a n/a n/a −3,565.8%
Net margin n/a n/a n/a n/a n/a n/a n/a n/a −6,881.3%
Free cash flow margin n/a n/a n/a n/a n/a n/a n/a n/a −4,129.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow−0.5Fiscal year 2018Operating cash flow−0.8Fiscal year 2019Operating cash flow−3.3Fiscal year 2020Operating cash flow−3.9Fiscal year 2021Operating cash flow−19.4Fiscal year 2022Operating cash flow−12.1Fiscal year 2023Operating cash flow−10.9Fiscal year 2024Operating cash flow−1.2Fiscal year 2025Operating cash flow−26.1Capital expenditure−244.3Free cash flow−270.3Buybacks−46.3
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −0.5 −0.8 −3.3 −3.9 −19.4 −12.1 −10.9 −1.2 −26.1
Capital expenditure n/a n/a n/a n/a n/a n/a n/a n/a −244.3
Free cash flow n/a n/a n/a n/a n/a n/a n/a n/a −270.3
Growth
Buybacks n/a n/a n/a n/a n/a n/a n/a n/a −46.3

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.4Shareholders’ equity5.0Fiscal year 2018Cash0.6Shareholders’ equity−7.7Fiscal year 2019Cash0.1Shareholders’ equity38.6Fiscal year 2020Cash2.1Shareholders’ equity30.3Fiscal year 2021Cash8.2Shareholders’ equity39.3Fiscal year 2022Cash7.0Total debt1.3Net cash (debt)5.7Shareholders’ equity11.3Debt to equity0.12Fiscal year 2023Cash1.7Total debt0.0Net cash (debt)1.7Shareholders’ equity−0.1Fiscal year 2024Cash4.6Total debt0.0Net cash (debt)4.6Shareholders’ equity9.3Debt to equity0.00Fiscal year 2025Cash8.0Shareholders’ equity239.4
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.4 0.6 0.1 2.1 8.2 7.0 1.7 4.6 8.0
Total debt n/a n/a n/a n/a n/a 1.3 0.0 0.0 n/a
Net cash (debt) n/a n/a n/a n/a n/a 5.7 1.7 4.6 n/a
Shareholders’ equity 5.0 −7.7 38.6 30.3 39.3 11.3 −0.1 9.3 239.4
Debt to equity n/a n/a n/a n/a n/a 0.12 n/a 0.00 n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a n/a n/a n/a n/a n/a n/a n/a −3,565.8%
n/a n/a n/a n/a n/a n/a n/a n/a −6,774.6%
n/a n/a n/a n/a n/a n/a n/a n/a −6,881.3%
n/a n/a n/a n/a n/a n/a n/a n/a −4,129.0%
Spending
n/a n/a n/a n/a n/a n/a n/a n/a 3,665.8%
n/a n/a n/a n/a n/a n/a n/a n/a 3,731.1%
61.2% 28.4% n/a n/a n/a n/a n/a n/a n/a
Returns
2.5% n/a −65.8% −35.9% −51.7% −341.4% n/a −153.3% −188.2%
0.1% 0.9% −48.9% −19.6% −32.4% −197.1% −379.0% −111.1% −147.1%
Balance and payout
n/a n/a n/a n/a n/a 0.12 n/a 0.00 n/a
3.6% 3.9% 25.7% 45.5% 37.3% 42.3% 102.4% 27.5% 21.8%