Is ForgeRock, Inc. (FORG) a Buy, Sell, or Hold?
NYSE : FORG
ForgeRock, Inc. — Financials
$23.21 USD
$1.33 (6.08%)
- Volume
- 7.77M
- Average Volume
- 746.1K
- Market Capitalization
- $1.95B
- P/E Ratio
- -29.76
- Dividend Yield
- 0.00%
- Price Target
- $20.00
- Year High
- $23.80
- Year Low
- $14.13
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $3.64
FORG Financial Statements
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| revenue | 217.51M | 176.93M | 127.63M | 104.5M |
| costOfRevenue | 39.54M | 32.93M | 21.33M | 17.03M |
| grossProfit | 177.97M | 144M | 106.31M | 87.47M |
| researchAndDevelopmentExpenses | 61.84M | 43.5M | 35.9M | 29.64M |
| generalAndAdministrativeExpenses | 57.72M | 40.33M | 26.73M | 25.29M |
| sellingAndMarketingExpenses | 118.79M | 88.62M | 75.77M | 69.56M |
| sellingGeneralAndAdministrativeExpenses | 176.52M | 128.95M | 102.5M | 94.85M |
| otherExpenses | - | -40000 | -345K | 309K |
| operatingExpenses | 238.36M | 172.45M | 138.4M | 124.49M |
| costAndExpenses | 277.9M | 205.37M | 159.73M | 141.52M |
| netInterestIncome | -3.58M | -4.52M | -4.51M | -1.87M |
| interestIncome | - | - | - | - |
| interestExpense | 3.58M | 4.52M | 4.51M | 1.87M |
| depreciationAndAmortization | 4.04M | 1.02M | 810K | 1.48M |
| ebitda | -60.38M | -41.35M | -35.91M | -35.54M |
| ebit | -61.02M | -42.37M | -36.72M | -37.02M |
| nonOperatingIncomeExcludingInterest | 634K | 13.93M | 4.62M | 1000 |
| operatingIncome | -60.38M | -28.44M | -32.09M | -37.02M |
| totalOtherIncomeExpensesNet | -4.21M | -18.44M | -9.14M | -1.87M |
| incomeBeforeTax | -64.59M | -46.88M | -41.23M | -38.89M |
| incomeTaxExpense | 1.68M | 884K | 565K | -1.98M |
| netIncomeFromContinuingOperations | -66.27M | -47.77M | -41.79M | -36.91M |
| netIncomeFromDiscontinuedOperations | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - |
| netIncome | -66.27M | -47.77M | -41.79M | -36.91M |
| netIncomeDeductions | - | - | - | - |
| bottomLineNetIncome | -66.27M | -47.77M | -41.79M | -36.91M |
| eps | -0.78 | -0.59 | -0.63 | -0.56 |
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| cashAndCashEquivalents | 128.8M | 128.38M | 99.95M | 28.7M |
| shortTermInvestments | 207.25M | 241.41M | - | - |
| cashAndShortTermInvestments | 336.05M | 369.79M | 99.95M | 28.7M |
| netReceivables | 74.85M | 58.78M | 46.54M | 42.73M |
| accountsReceivables | - | - | - | - |
| otherReceivables | 74.85M | 58.78M | 46.54M | 42.73M |
| inventory | - | - | 9.19M | 9.44M |
| prepaids | - | - | - | - |
| otherCurrentAssets | 46.46M | 35.13M | 531K | 529K |
| totalCurrentAssets | 457.35M | 463.7M | 156.22M | 81.4M |
| propertyPlantEquipmentNet | 13.04M | 15.09M | 2.54M | 2.62M |
| goodwill | - | - | - | - |
| intangibleAssets | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - |
| longTermInvestments | - | - | - | - |
| taxAssets | - | - | - | - |
| otherNonCurrentAssets | 23.79M | 18.38M | 9.64M | 5.17M |
| totalNonCurrentAssets | 36.83M | 33.47M | 12.18M | 7.79M |
| otherAssets | - | - | - | - |
| totalAssets | 494.18M | 497.18M | 168.39M | 89.19M |
| totalPayables | 4.59M | 2.04M | 1.37M | 1.63M |
| accountPayables | 4.59M | 2.04M | 1.37M | 1.63M |
| otherPayables | - | - | - | - |
| accruedExpenses | - | - | - | - |
| shortTermDebt | 1.9M | 1.82M | 58000 | 186K |
| capitalLeaseObligationsCurrent | - | - | - | - |
| taxPayables | 2.75M | 1.94M | 1.92M | 1.94M |
| deferredRevenue | 82.04M | 67.22M | 50.34M | 41.18M |
| otherCurrentLiabilities | 37.24M | 29.63M | 27.26M | 16.45M |
| totalCurrentLiabilities | 125.76M | 100.71M | 79.03M | 59.44M |
| longTermDebt | 48.82M | 50.52M | 39.34M | 29.4M |
| capitalLeaseObligationsNonCurrent | - | - | - | - |
| deferredRevenueNonCurrent | 1.28M | 8.17M | 5.16M | 9.81M |
| deferredTaxLiabilitiesNonCurrent | - | - | 234.88M | - |
| otherNonCurrentLiabilities | 2.15M | 1.65M | 161K | 141.04M |
| totalNonCurrentLiabilities | 52.25M | 60.34M | 279.54M | 180.25M |
| otherLiabilities | - | - | - | - |
| capitalLeaseObligations | - | - | - | - |
| totalLiabilities | 178.01M | 161.05M | 358.57M | 239.69M |
| treasuryStock | - | - | - | - |
| preferredStock | - | - | - | - |
| commonStock | 87000 | 83000 | 24000 | 24000 |
| retainedEarnings | -330.1M | -263.82M | -216.06M | -172.78M |
| additionalPaidInCapital | - | - | - | - |
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|
| netIncome | -66.27M | -47.77M | -41.79M | -36.91M |
| depreciationAndAmortization | 1.06M | 1.06M | 1.16M | 1.17M |
| deferredIncomeTax | - | 14.39M | 4.42M | 157K |
| stockBasedCompensation | 32.76M | 10.67M | 6.18M | 3.49M |
| changeInWorkingCapital | -28.52M | -31.29M | -13.75M | -26.1M |
| accountsReceivables | -13.37M | -20.67M | -797K | 1.08M |
| inventory | - | -8.04M | 147K | -5.21M |
| accountsPayables | 2.51M | 701K | -398K | -550K |
| otherWorkingCapital | -17.66M | -3.28M | -12.7M | -21.42M |
| otherNonCashItems | 15.96M | 16.16M | 14.19M | 11.24M |
| netCashProvidedByOperatingActivities | -45.01M | -36.78M | -29.59M | -46.96M |
| investmentsInPropertyPlantAndEquipment | -1.62M | -1.11M | -854K | -1.56M |
| acquisitionsNet | - | - | - | - |
| purchasesOfInvestments | -166.36M | -277.13M | -2.99M | - |
| salesMaturitiesOfInvestments | 197.99M | 33.79M | 3M | 8.46M |
| otherInvestingActivities | - | - | - | - |
| netCashProvidedByInvestingActivities | 30.01M | -244.45M | -846K | 6.9M |
| netDebtIssuance | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - |
| netStockIssuance | - | - | - | - |
| netCommonStockIssuance | - | - | - | - |
| commonStockIssuance | 12.24M | 295.69M | - | - |
| commonStockRepurchased | 6.96M | - | -2.31M | - |
| netPreferredStockIssuance | - | - | - | - |
| netDividendsPaid | - | - | - | - |
| commonDividendsPaid | - | - | - | - |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | 15.9M | 310.51M | 101.15M | 24.91M |
| netCashProvidedByFinancingActivities | 15.9M | 310.51M | 101.15M | 24.91M |
| date | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 58.28M | 63.14M | 63.52M | 58.22M | 47.68M | 48.09M | 47.9M | 44.23M | 43.95M | 40.85M |
| costOfRevenue | 13.12M | 11.8M | 11.94M | 9.56M | 9.33M | 8.7M | 9.96M | 8.49M | 7.94M | 6.54M |
| grossProfit | 45.16M | 51.34M | 51.58M | 48.66M | 38.35M | 39.39M | 37.95M | 35.73M | 36.01M | 34.31M |
| researchAndDevelopmentExpenses | 17.52M | 17.2M | 16.14M | 15.55M | 15.67M | 14.48M | 12.28M | 10.83M | 9.95M | 10.44M |
| generalAndAdministrativeExpenses | 20.64M | 15.87M | 14.69M | 14.55M | 14.94M | 13.54M | 12.24M | 11.19M | 8.66M | 8.25M |
| sellingAndMarketingExpenses | 33.23M | 36.45M | 32.79M | 28.97M | 30.05M | 26.98M | 23.82M | 22.51M | 22.04M | 20.24M |
| sellingGeneralAndAdministrativeExpenses | 53.88M | 52.32M | 47.49M | 43.52M | 44.98M | 40.52M | 36.06M | 33.7M | 30.7M | 28.49M |
| otherExpenses | - | - | - | - | 275K | 68000 | 24000 | 339K | -207K | -196K |
| operatingExpenses | 71.39M | 69.52M | 63.62M | 59.08M | 60.65M | 55M | 48.34M | 44.52M | 40.65M | 38.92M |
| costAndExpenses | 84.51M | 81.32M | 75.57M | 68.64M | 69.98M | 63.7M | 58.3M | 53.02M | 48.59M | 45.46M |
| netInterestIncome | -875K | -1.14M | -903K | -894K | -881K | -899K | -945K | -1.2M | -1.2M | -1.18M |
| interestIncome | - | - | - | - | - | - | - | - | - | - |
| interestExpense | 875K | 1.14M | 903K | 894K | 881K | 899K | 945K | 1.2M | 1.2M | 1.18M |
| depreciationAndAmortization | 247K | 2.09M | 2.16M | 984K | 275K | 280K | 266K | 259K | 267K | 269K |
| ebitda | -26.23M | -18.18M | -9.89M | -9.44M | -20.72M | -14.83M | -10.92M | -13.61M | -7.11M | -7.29M |
| ebit | -26.66M | -22.7M | -14.11M | -9M | -21M | -15.11M | -11.19M | -13.87M | -7.38M | -7.56M |
| nonOperatingIncomeExcludingInterest | 435K | 4.52M | 2.07M | -1.42M | -1.3M | -503K | 791K | 5.07M | 2.74M | 2.95M |
| operatingIncome | -30.08M | -18.18M | -12.05M | -10.42M | -22.3M | -15.61M | -10.4M | -8.79M | -4.64M | -4.61M |
| totalOtherIncomeExpensesNet | -2.18M | -6.79M | -3.87M | -364K | 420K | -396K | -1.74M | -6.27M | -5.13M | -5.31M |
| incomeBeforeTax | -28.41M | -24.97M | -15.92M | -10.79M | -21.88M | -16.01M | -12.14M | -15.06M | -9.77M | -9.92M |
| incomeTaxExpense | 369K | 469K | 575K | 152K | 489K | 462K | 223K | 205K | 286K | 170K |
| netIncomeFromContinuingOperations | -28.78M | -25.44M | -16.49M | -10.94M | -22.37M | -16.47M | -12.36M | -15.27M | -10.06M | -10.09M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -28.78M | -25.44M | -16.49M | -10.94M | -22.37M | -16.47M | -12.36M | -15.27M | -10.06M | -10.09M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -28.78M | -25.44M | -16.49M | -10.94M | -22.37M | -16.47M | -12.36M | -15.27M | -10.06M | -10.09M |
| eps | -0.32 | -0.29 | -0.19 | -0.13 | -0.26 | -0.2 | -0.15 | -0.19 | -0.13 | -0.15 |
| date | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 288.99M | 143.97M | 128.8M | 138.54M | 99.08M | 91.58M | 128.38M | 197.22M | 33.43M | 99.95M |
| shortTermInvestments | 32.72M | 191.74M | 207.25M | 203.97M | 248.13M | 272.78M | 241.41M | 180.87M | 58.65M | - |
| cashAndShortTermInvestments | 321.71M | 335.71M | 336.05M | 342.51M | 347.21M | 364.36M | 369.79M | 378.09M | 92.08M | 99.95M |
| netReceivables | 54.79M | 50.88M | 74.85M | 36.8M | 48.99M | 40.83M | 58.78M | 37.61M | 58M | 46.54M |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | 54.79M | 50.88M | 74.85M | 36.8M | 48.99M | 40.83M | 58.78M | 37.61M | 58M | 46.54M |
| inventory | - | - | - | - | - | - | - | - | 5.92M | 9.19M |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | 44.64M | 48.79M | 46.46M | 40.88M | 31.29M | 34.08M | 35.13M | 35.03M | 10.51M | 531K |
| totalCurrentAssets | 421.15M | 435.38M | 457.35M | 420.19M | 427.49M | 439.27M | 463.7M | 450.73M | 166.51M | 156.22M |
| propertyPlantEquipmentNet | 12.1M | 12.74M | 13.04M | 13.07M | 13.54M | 14.11M | 15.09M | 6.46M | 7.21M | 2.54M |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 25.48M | 24.52M | 23.79M | 21.39M | 19.53M | 19.57M | 18.38M | 13.78M | 12.42M | 9.64M |
| totalNonCurrentAssets | 37.57M | 37.26M | 36.83M | 34.46M | 33.07M | 33.68M | 33.47M | 20.25M | 19.64M | 12.18M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 458.72M | 472.65M | 494.18M | 454.65M | 460.56M | 472.95M | 497.18M | 470.98M | 186.14M | 168.39M |
| totalPayables | 6.15M | 8.56M | 4.59M | 1.51M | 1.93M | 1.58M | 2.04M | 878K | 822K | 1.37M |
| accountPayables | 6.15M | 8.56M | 4.59M | 1.51M | 1.93M | 1.58M | 2.04M | 878K | 822K | 1.37M |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | 1.93M | 1.94M | 1.9M | 1.56M | 1.26M | 1.11M | 1.82M | 1.77M | 2.13M | 58000 |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | 2.75M | - | - | - | 1.94M | - | - | 1.92M |
| deferredRevenue | 82.02M | 78.32M | 82.04M | 57.92M | 64.26M | 64.91M | 67.22M | 49.89M | 49.99M | 50.34M |
| otherCurrentLiabilities | 26.46M | 26.91M | 37.24M | 29.51M | 23.8M | 24.34M | 29.63M | 23.95M | 20.45M | 27.26M |
| totalCurrentLiabilities | 116.55M | 115.73M | 125.76M | 90.5M | 91.25M | 91.95M | 100.71M | 76.48M | 73.39M | 79.03M |
| longTermDebt | 48.03M | 48.43M | 48.82M | 49.1M | 49.56M | 50.08M | 50.52M | 42.33M | 42.64M | 39.34M |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | -263.18M | - |
| deferredRevenueNonCurrent | 2.39M | 920K | 1.28M | 1.38M | 2.14M | 2.88M | 8.17M | 7.3M | 5.11M | 5.16M |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | 263.18M | 234.88M |
| otherNonCurrentLiabilities | 2.84M | 2.59M | 2.15M | 1.91M | 1.81M | 1.72M | 1.65M | 1.57M | 270.33M | 161K |
| totalNonCurrentLiabilities | 53.25M | 51.94M | 52.25M | 52.38M | 53.5M | 54.69M | 60.34M | 51.2M | 318.08M | 279.54M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | -263.18M | - |
| totalLiabilities | 169.81M | 167.67M | 178.01M | 142.89M | 144.76M | 146.63M | 161.05M | 127.68M | 391.46M | 358.57M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 89000 | 88000 | 87000 | 85000 | 85000 | 84000 | 83000 | 82000 | 25000 | 24000 |
| retainedEarnings | -384.31M | -355.53M | -330.1M | -313.6M | -302.66M | -280.3M | -263.82M | -251.47M | -236.2M | -216.06M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -28.78M | -25.44M | -16.49M | -10.94M | -22.37M | -16.47M | -12.36M | -15.27M | -10.06M | -10.09M |
| depreciationAndAmortization | 247K | 256K | 252K | 263K | 269K | 280K | 266K | 259K | 267K | 269K |
| deferredIncomeTax | 291K | - | - | - | - | 26000 | 1.78M | 5.57M | 3.82M | 3.21M |
| stockBasedCompensation | 11.58M | 10.18M | 10.6M | 7.72M | 7.97M | 6.46M | 4.27M | 3.11M | 1.76M | 1.52M |
| changeInWorkingCapital | -2.95M | 6.06M | -13.73M | -5.81M | -9.58M | 606K | -3.77M | 830K | -22.43M | -5.92M |
| accountsReceivables | -3.63M | 25.16M | -35.46M | 14.38M | -9.61M | 17.32M | -18.5M | 1.04M | -14.08M | 10.86M |
| inventory | 3.34M | - | - | - | - | -6.15M | 7.52M | -319K | -6.24M | -9M |
| accountsPayables | -2.43M | 3.96M | 3.02M | -461K | 391K | -436K | 429K | 682K | -1.54M | 1.12M |
| otherWorkingCapital | -234K | -23.06M | 18.72M | -19.74M | -363K | -10.12M | 14.3M | -895K | -6.82M | -17.91M |
| otherNonCashItems | 4.72M | 4.64M | 5.36M | 2.49M | 3.45M | 4.63M | 6.16M | 9.03M | 8.24M | 7.12M |
| netCashProvidedByOperatingActivities | -14.9M | -4.31M | -14M | -6.27M | -20.26M | -4.47M | -5.43M | -2.04M | -22.22M | -7.1M |
| investmentsInPropertyPlantAndEquipment | -37000 | -285K | -145K | -500K | -486K | -488K | -654K | -118K | -187K | -154K |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | -18.97M | -27.21M | -74.18M | -11.98M | -52.99M | -75.71M | -138.13M | -15.87M | -47.41M |
| salesMaturitiesOfInvestments | 159.47M | 36.34M | 25.27M | 117.88M | 35.55M | 19.29M | 13.83M | 15.7M | 4.26M | - |
| otherInvestingActivities | - | - | - | - | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | 159.44M | 17.08M | -2.09M | 43.21M | 23.09M | -34.19M | -62.53M | -122.55M | -11.8M | -47.57M |
| netDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | 6.34M | 12.24M | - | - | - | - | 295.69M | - | - |
| commonStockRepurchased | - | - | 6.96M | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 1.05M | 2.44M | 7.71M | 629K | 5.52M | 2.04M | -598K | 288.74M | 20.74M | 1.64M |
| netCashProvidedByFinancingActivities | 1.05M | 2.44M | 7.71M | 629K | 5.52M | 2.04M | -598K | 288.74M | 20.74M | 1.64M |