SequelSEC

FORUM MARKETS Inc FRMM

Finance Services · CIK 0001690080 · Fiscal year ends 1231 · Bank

Revenue
$6.55M
Fiscal year ended 2025-12-31
Net income
-$450.52M
Fiscal year ended 2025-12-31
Total assets
$306.30M
Fiscal year ended 2025-12-31

FORUM MARKETS Inc (FRMM) reported revenue of $6.55M and net income of -$450.52M for the fiscal year ended 2025-12-31. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from FORUM MARKETS Inc’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

FORUM MARKETS Inc income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Revenue$6.55M
Cost of revenueUnavailable
Gross profitUnavailable
Operating income-$233.45M
Net income-$450.52M
Research & developmentUnavailable
Weighted-average diluted sharesshares 8.16M
Pretax income-$443.53M
Income tax expenseUnavailable
Diluted EPS$-54.32
Selling, general & administrativeUnavailable
General & administrative$240.00M
Selling & marketingUnavailable

Balance

FORUM MARKETS Inc balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Cash & equivalents$8.02M
Total assets$306.30M
Current assets$13.57M
Total liabilities$66.88M
Current liabilities$40.93M
Total equity incl. NCI$239.42M
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivableUnavailable
GoodwillUnavailable
Long-term debtUnavailable
Accounts payable$1.54M

Cash flow

FORUM MARKETS Inc cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Operating cash flow-$26.05M
Capital expendituresUnavailable
Investing cash flow-$127.63M
Financing cash flow$158.15M
Net change in cash$4.47M
Stock-based compensation$213.45M
Common dividends paidUnavailable
Common share repurchases$46.26M
Depreciation & amortizationUnavailable

Derived

FORUM MARKETS Inc derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-31
Free cash flowUnavailable
Gross marginUnavailable
Operating margin-3565.8%
FCF marginUnavailable
SBC / revenue3260.2%
Current ratio0.33x
Revenue YoY growthUnavailable
Net margin-6881.3%
R&D / revenueUnavailable
CapEx / revenueUnavailable
Long-term debt / equityUnavailable
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FRMM in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-04-01View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-07-23View SEC filing
10-Q · Filed 2025-05-15View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.