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FORUM MARKETS Inc

FRMM

$6.02 ▼ -0.12 (-1.87%) at close

10 Visible periods

23 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

FORUM MARKETS Inc faces fundamental challenges with weakness in Return on Common Equity (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $49.2M

Dividend Yield —

Revenue Growth —

Op. Margin —

ROIC -77.0% ↘

FCF / Share $-3.19 ↘

Trailing P/E —

Price / Book 0.5x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

10-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Net Income Profit after all expenses

$-450.52M

↓ -7204.0% —

FCF / Share Free cash flow per share

$-3.19

↓ -97.3% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability

Returns ↓

Financial Health ↓

Cash Quality ↓

Dividend History

Dividend / share · sourced from SEC filings

$10.30 Latest / share

FY 2016

FY 2017

$10.30

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Financial view

Statement lens

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Cadence

Annual Quarterly

Range

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📈 Is growth accelerating? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
EPS Growth YoY (%)	-250.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	70.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-158.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-57.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	525.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-7204.0% Weak ↓ Weak Declining Year-over-year change in net income	69.1% Excellent ↑ Excellent Improving Year-over-year change in net income	48.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-90.5% Weak ↓ Weak Declining Year-over-year change in net income	-86.7% Weak ↓ Weak Declining Year-over-year change in net income	57.1% Excellent Excellent Year-over-year change in net income	N/M	740.7% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	-97.3% Weak ↓ Weak Declining Year-over-year change in free cash flow	94.4% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-351.5% Weak Weak Year-over-year change in free cash flow	48.4% Excellent Excellent Year-over-year change in free cash flow	—	—	—	-31.3% Weak Weak Year-over-year change in free cash flow	—	—

💰 Are margins durable? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Effective Tax Rate (%) (%)	—	4.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	10.5% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	28.4% Caution Caution Actual taxes paid relative to pre-tax income Optimal: 15-25%	61.2% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
FCF Margin (%) (%)	-397.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—	—	—	—
FCF / Net Income (x)	0.06x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.24x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.55x Weak → Weak Stable Free cash flow relative to reported net income Optimal: > 1x	0.31x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.95x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.36x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.13x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.76x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-4.02x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Return on Invested Capital (%)	-77.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-65.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	9438.9% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-154.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-39.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-18.6% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-54.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-8.6% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-2.7% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-76.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-49.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-256.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-91.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-24.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-10.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-40.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	-0.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-188.2% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1668%)	-66.7% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-656%)	—	—	-51.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-531%)	-35.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-399%)	-65.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-649%)	20.8% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+73%)	2.5% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-79%)	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Interest Coverage (x)	-778.17x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-13543.32x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-19732.80x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-491.41x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-614.99x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-30.60x Weak Weak Operating income divided by interest expense Optimal: > 5x	-128.73x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—
Net Debt (USD)	$-8.02M	—	—	—	—	—	$-83.40K	$-270.88K	$-428.39K	$-67.25K

📊 What does each share earn? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Revenue per Share (USD)	$0.80	—	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-54.32	$-15.49	$-52.59	$-20.38	$-12.96	—	—	$0.25	$0.04	—
Free Cash Flow per Share (USD)	$-3.19	$-1.62	$-28.81	$-6.38	$-12.36	—	—	$-0.19	$-0.14	—
Dividend per Share (USD)	—	—	—	—	—	—	—	$10.30	—	—
Book Value per Share (USD)	$12.59	$2.91	$-0.24	$3.03	$23.11	$1.16	$2.79	$1.22	$1.19	$0.01
Tangible Book Value per Share (USD)	$12.59	$0.51	$-3.27	$2.58	$0.23	$-0.33	$0.00	$1.22	$1.19	$0.01
Basic Weighted Avg Shares (shares)	8.16M	915,374	379,089	1.90M	1.57M	—	—	4.17M	3.45M	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Working Capital (USD)	$-27.36M	$1.64M	$-1.42M	$3.27M	$-8.50M	$-17.41M	$-8.89M	$-275.18K	$262.21K	$-150.85K
Total Equity (USD)	$239.42M	$9.25M	$-127.73K	$11.34M	$39.32M	$30.29M	$38.57M	$5.00M	$5.00M	$21.89K

📋 What is driving earnings? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗
Sales/Revenue/Turnover (USD)	$6.55M	—	—	—	—	—	—	—	—	—
Net Income, GAAP (USD)	$-450.52M	$-6.17M	$-19.94M	$-38.73M	$-20.32M	$-10.88M	$-25.39M	$1.04M	$123.76K	—
Operating Cash Flow (USD)	$-26.05M	$-1.48M	$-10.92M	$-12.13M	$-19.37M	$-3.87M	$-3.32M	$-789.23K	$-497.36K	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 10 years · 39 quarters

FORUM MARKETS Inc

Analytical Summary

10-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

Statement lens

Benchmark Lens

Signals

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