Is Forest Road Acquisition Corp. (FRX) a Buy, Sell, or Hold?
NYSE : FRX
Forest Road Acquisition Corp. — Financials
$12 USD
$0.78 (6.95%)
- Volume
- 3.96M
- Average Volume
- 1.57M
- Market Capitalization
- $3.75B
- P/E Ratio
- 6.82
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $18.20
- Year Low
- $9.24
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.79
FRX Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2020-12-31 |
|---|---|---|---|
| revenue | 251.73M | 418.8M | 863.58M |
| costOfRevenue | 67.94M | 131.45M | 249.71M |
| grossProfit | 183.78M | 287.34M | 613.88M |
| researchAndDevelopmentExpenses | 42.31M | 76.37M | - |
| generalAndAdministrativeExpenses | 39.91M | 49.19M | 64.82M |
| sellingAndMarketingExpenses | 93.56M | 200.14M | 464M |
| sellingGeneralAndAdministrativeExpenses | 133.46M | 249.34M | 528.82M |
| otherExpenses | - | - | - |
| operatingExpenses | 175.78M | 325.7M | 528.82M |
| costAndExpenses | 243.72M | 457.16M | 778.52M |
| netInterestIncome | - | - | -527K |
| interestIncome | - | - | - |
| interestExpense | -4.98M | -6.88M | 527K |
| depreciationAndAmortization | 17.55M | 47.11M | -90.69M |
| ebitda | 17.55M | 47.11M | -5.64M |
| ebit | - | - | -5.64M |
| nonOperatingIncomeExcludingInterest | - | - | 90.69M |
| operatingIncome | 5.53M | -38.36M | 85.06M |
| totalOtherIncomeExpensesNet | -8.26M | -33.04M | -91.22M |
| incomeBeforeTax | -2.74M | -71.4M | -6.16M |
| incomeTaxExpense | -125K | -239K | 15.27M |
| netIncomeFromContinuingOperations | -2.86M | -71.64M | -21.43M |
| netIncomeFromDiscontinuedOperations | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - |
| netIncome | -2.86M | -71.64M | -21.43M |
| netIncomeDeductions | - | - | - |
| bottomLineNetIncome | -2.86M | -71.64M | -21.43M |
| eps | -0.41 | -10.51 | -0.57 |
| date | 2025-12-31 | 2024-12-31 | 2020-12-31 |
|---|---|---|---|
| cashAndCashEquivalents | 39.02M | 20.19M | 2.99M |
| shortTermInvestments | - | - | - |
| cashAndShortTermInvestments | 39.02M | 20.19M | 2.99M |
| netReceivables | 6.29M | 12.18M | - |
| accountsReceivables | - | - | - |
| otherReceivables | - | 12.18M | - |
| inventory | 9.41M | 16.3M | - |
| prepaids | - | - | - |
| otherCurrentAssets | 9.12M | 30.02M | 13.5M |
| totalCurrentAssets | 63.84M | 78.68M | 16.49M |
| propertyPlantEquipmentNet | 10.15M | 15.81M | 71000 |
| goodwill | 65.17M | 65.17M | 155.13M |
| intangibleAssets | - | - | 79.8M |
| goodwillAndIntangibleAssets | 65.17M | 65.17M | 234.93M |
| longTermInvestments | - | - | - |
| taxAssets | - | - | - |
| otherNonCurrentAssets | 7.88M | 14.89M | - |
| totalNonCurrentAssets | 83.2M | 95.87M | 235M |
| otherAssets | - | - | - |
| totalAssets | 147.04M | 174.56M | 251.5M |
| totalPayables | - | 9.53M | - |
| accountPayables | 5.3M | 9.53M | - |
| otherPayables | - | - | - |
| accruedExpenses | - | - | - |
| shortTermDebt | 2.1M | 10.84M | - |
| capitalLeaseObligationsCurrent | - | - | - |
| taxPayables | - | - | - |
| deferredRevenue | 56.87M | 77.27M | 3.24M |
| otherCurrentLiabilities | 27.63M | 29.99M | - |
| totalCurrentLiabilities | 86.6M | 127.64M | 3.24M |
| longTermDebt | 738K | 1.97M | - |
| capitalLeaseObligationsNonCurrent | - | - | - |
| deferredRevenueNonCurrent | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | 1000 | - |
| otherNonCurrentLiabilities | 28.38M | 16.77M | - |
| totalNonCurrentLiabilities | 29.12M | 18.75M | - |
| otherLiabilities | - | - | 32.75M |
| capitalLeaseObligations | - | - | - |
| totalLiabilities | 115.72M | 146.39M | 36M |
| treasuryStock | - | - | - |
| preferredStock | - | - | - |
| commonStock | - | - | - |
| retainedEarnings | -646.38M | -643.52M | - |
| additionalPaidInCapital | - | - | - |
| date | 2025-12-31 | 2024-12-31 |
|---|---|---|
| netIncome | -2.86M | -71.64M |
| depreciationAndAmortization | 17.55M | 47.11M |
| deferredIncomeTax | - | 5000 |
| stockBasedCompensation | 5.62M | 17.07M |
| changeInWorkingCapital | - | - |
| accountsReceivables | - | - |
| inventory | 5.4M | 4.38M |
| accountsPayables | -4.19M | -906K |
| otherWorkingCapital | - | - |
| otherNonCashItems | 1.44M | 10.02M |
| netCashProvidedByOperatingActivities | 21.75M | 2.56M |
| investmentsInPropertyPlantAndEquipment | -4.4M | -4.54M |
| acquisitionsNet | - | - |
| purchasesOfInvestments | - | - |
| salesMaturitiesOfInvestments | - | - |
| otherInvestingActivities | - | 5.6M |
| netCashProvidedByInvestingActivities | -4.4M | 1.06M |
| netDebtIssuance | - | - |
| longTermNetDebtIssuance | - | - |
| shortTermNetDebtIssuance | - | - |
| netStockIssuance | - | - |
| netCommonStockIssuance | - | - |
| commonStockIssuance | - | - |
| commonStockRepurchased | 143K | 272K |
| netPreferredStockIssuance | - | - |
| netDividendsPaid | - | - |
| commonDividendsPaid | - | - |
| preferredDividendsPaid | - | - |
| otherFinancingActivities | 1.03M | -15.87M |
| netCashProvidedByFinancingActivities | 1.03M | -15.87M |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| revenue | 49.61M | 54.28M | 55.54M | 59.89M | 63.94M | 72.36M | 86.37M | 223.11M | - |
| costOfRevenue | 12.99M | 15.28M | 14.19M | 15.24M | 17.7M | 20.81M | 25.5M | 68.77M | - |
| grossProfit | 36.62M | 39M | 41.35M | 44.65M | 46.24M | 51.55M | 60.88M | 154.34M | - |
| researchAndDevelopmentExpenses | 10.76M | 9.41M | 8.7M | 10.41M | 10.61M | 12.6M | 22.11M | - | - |
| generalAndAdministrativeExpenses | 8.56M | 7.72M | 6.54M | 10.14M | 11.57M | 11.66M | 11.56M | 17.23M | - |
| sellingAndMarketingExpenses | 15.63M | 18.76M | 17.93M | 19.13M | 25.53M | 30.97M | 38.98M | 140.19M | - |
| sellingGeneralAndAdministrativeExpenses | 24.19M | 26.48M | 24.47M | 29.27M | 37.1M | 42.63M | 50.54M | 157.42M | - |
| otherExpenses | - | - | - | - | - | - | - | 26.95M | 2.72M |
| operatingExpenses | 34.95M | 35.88M | 33.17M | 39.68M | 47.71M | 55.22M | 72.65M | 184.37M | 2.72M |
| costAndExpenses | 47.94M | 51.17M | 47.36M | 54.91M | 65.41M | 76.04M | 98.15M | 253.14M | 2.72M |
| netInterestIncome | - | - | - | -1.06M | -1.27M | -1.56M | -1.71M | -305K | - |
| interestIncome | - | - | - | - | - | - | - | - | - |
| interestExpense | -3.04M | -1.01M | -1.09M | 1.06M | 1.27M | 1.56M | 1.71M | 305K | - |
| depreciationAndAmortization | -3.6M | 3.6M | 3.82M | 3.81M | 4.31M | 5.62M | - | 25.94M | - |
| ebitda | -5.43M | 3.6M | 3.82M | 3.81M | -220K | 1.48M | -11.78M | 2.95M | -2.72M |
| ebit | - | - | - | - | -4.53M | -4.14M | -32.85M | -22.99M | -2.72M |
| nonOperatingIncomeExcludingInterest | 218K | - | - | - | 3.06M | 464K | 21.08M | -7.04M | - |
| operatingIncome | 1.67M | 3.11M | 5.69M | 2.49M | -1.47M | -3.67M | -11.78M | -30.04M | -2.72M |
| totalOtherIncomeExpensesNet | -166K | -796K | -441K | 1.03M | -4.33M | -2.03M | -22.79M | 24.64M | -13.87M |
| incomeBeforeTax | 1.5M | 2.32M | 5.25M | 3.52M | -5.8M | -5.7M | -34.56M | -5.4M | -16.59M |
| incomeTaxExpense | -118K | -32000 | -28000 | -49000 | 101K | 45000 | 5000 | 7.04M | - |
| netIncomeFromContinuingOperations | - | 2.29M | 5.22M | 3.57M | -5.9M | -5.75M | -34.57M | -12.44M | -16.59M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - |
| netIncome | 1.38M | 2.29M | 5.22M | 3.57M | -5.9M | -5.75M | -34.56M | -12.44M | -16.59M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -2.26M | 2.29M | 5.22M | 3.57M | -5.9M | -5.75M | -34.56M | -12.44M | -16.59M |
| eps | 0.19 | 0.32 | 0.74 | 0.51 | -0.85 | -0.84 | -5.04 | -0.33 | -0.44 |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 32.39M | 36.59M | 39.02M | 33.95M | 25.56M | 18.13M | 20.19M | 347.23K | 730.44K | 2.99M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 32.39M | 36.59M | 39.02M | 33.95M | 25.56M | 18.13M | 20.19M | 347.23K | 730.44K | 2.99M |
| netReceivables | 5.45M | 5.93M | 6.29M | 7.53M | 8.45M | 10.14M | 12.18M | 3165 | - | - |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | - | 7.53M | 8.45M | 10.14M | 12.18M | 3165 | - | - |
| inventory | 12.57M | 10.13M | 9.41M | 11.15M | 11.41M | 13.48M | 16.3M | 74238 | - | - |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | 7M | 8.92M | 9.12M | 7.75M | 11.88M | 19.91M | 30.02M | 56724 | 254.93K | - |
| totalCurrentAssets | 57.41M | 61.58M | 63.84M | 60.38M | 57.3M | 61.66M | 78.68M | 481.36K | 985.37K | 16.49M |
| propertyPlantEquipmentNet | 7.04M | 8.49M | 10.15M | 11.69M | 13.15M | 13.46M | 15.81M | 123.8K | - | 71000 |
| goodwill | 65.17M | 65.17M | 65.17M | 65.17M | 65.17M | 65.17M | 65.17M | 176.9K | - | 155.13M |
| intangibleAssets | - | - | - | - | - | - | - | 95917 | - | 79.8M |
| goodwillAndIntangibleAssets | 65.17M | 65.17M | 65.17M | 65.17M | 65.17M | 65.17M | 65.17M | 272.82K | - | 234.93M |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 6.9M | 7.9M | 7.88M | 9.18M | 10.29M | 12.25M | 14.89M | 37981 | 300M | - |
| totalNonCurrentAssets | 79.1M | 81.56M | 83.2M | 86.04M | 88.6M | 90.88M | 95.87M | 434.61K | 300M | 235M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 136.51M | 143.13M | 147.04M | 146.41M | 145.89M | 152.54M | 174.56M | 915.96K | 300.99M | 251.5M |
| totalPayables | - | - | - | 4.28M | 4.97M | 8.17M | 9.53M | 50648 | 2.68M | - |
| accountPayables | 6.84M | 6.31M | 5.3M | 4.28M | 4.97M | 8.17M | 9.53M | 50648 | 2.68M | - |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | 2.92M | 2.54M | 2.1M | 1.59M | 1.36M | 17.78M | 10.84M | 9976 | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | 48.78M | 55.17M | 56.87M | 62.25M | 66.64M | 69.82M | 77.27M | 116.59K | - | 3.24M |
| otherCurrentLiabilities | 21.28M | 23.14M | 27.63M | 24.96M | 23.16M | 23.08M | 29.99M | 89792 | 20600 | - |
| totalCurrentLiabilities | 72.99M | 80.84M | 86.6M | 93.08M | 96.13M | 118.84M | 127.64M | 267.01K | 2.7M | 3.24M |
| longTermDebt | 511K | 602K | 738K | 969K | 1.37M | 1.68M | 1.97M | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | 1000 | 7977 | - | - |
| otherNonCurrentLiabilities | 25.82M | 27.34M | 28.38M | 27.68M | 28.23M | 7.98M | 16.77M | 82526 | 56.11M | - |
| totalNonCurrentLiabilities | 26.33M | 27.94M | 29.12M | 28.64M | 29.6M | 9.66M | 18.75M | 90503 | 56.11M | - |
| otherLiabilities | - | - | - | - | - | - | - | - | - | 32.75M |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 99.32M | 108.78M | 115.72M | 121.72M | 125.74M | 128.5M | 146.39M | 357.51K | 58.8M | 36M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | - | - | - | - | - | - | - | 31 | 237.19M | - |
| retainedEarnings | -642.71M | -644.09M | -646.38M | -651.6M | -655.17M | -649.27M | -643.52M | -39159 | -24.51M | - |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|
| netIncome | 1.41M | 2.29M | 5.22M | 3.57M | -5.9M | -5.75M | -12.44M | -16.59M |
| depreciationAndAmortization | 3.25M | 3.6M | 3.82M | 3.81M | 4.31M | 5.62M | 25.94M | - |
| deferredIncomeTax | - | - | - | - | - | - | -11.35M | - |
| stockBasedCompensation | 2.4M | 1.12M | 871K | 1M | 2.02M | 1.73M | 5.1M | - |
| changeInWorkingCapital | 9.2M | - | 843K | -843K | 1.23M | - | 1.92M | 2.27M |
| accountsReceivables | - | - | - | - | - | - | -2.01M | - |
| inventory | -2.68M | -1.32M | 1.5M | -441K | 1.66M | 2.68M | 2.79M | - |
| accountsPayables | 587K | 944K | 1.04M | -587K | -3.34M | -1.31M | 6.66M | 2.27M |
| otherWorkingCapital | 8.83M | - | - | - | 2.6M | - | -5.52M | 5903 |
| otherNonCashItems | -19.25M | -8.04M | -5.77M | 2.65M | 2.58M | 747K | -34.66M | 13.87M |
| netCashProvidedByOperatingActivities | -2.99M | -1.04M | 4.98M | 10.19M | 4.24M | 2.34M | -25.49M | -453.4K |
| investmentsInPropertyPlantAndEquipment | -760K | -684K | -701K | -1.19M | -1.82M | -694K | -27.2M | - |
| acquisitionsNet | - | - | - | - | - | - | -37.28M | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | -10M | - |
| netCashProvidedByInvestingActivities | -760K | -684K | -701K | -1.19M | -1.82M | -694K | -74.48M | - |
| netDebtIssuance | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | -14000 | - | 125K | -125K | -47000 | - | - | - |
| commonStockIssuance | -14000 | - | 47000 | -47000 | -47000 | - | 162.56M | - |
| commonStockRepurchased | 95000 | - | 65000 | - | 78000 | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -282K | -608K | 519K | -274K | 4.51M | -3.73M | 389.78M | - |
| netCashProvidedByFinancingActivities | -282K | -608K | 519K | -274K | 4.51M | -3.73M | 389.78M | - |