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FORUM MARKETS Inc
NasdaqFinance ServicesLatest fiscal year ended Dec 31, 2025

FORUM MARKETS Inc reported revenue of $6.55M in its most recent fiscal year. It kept -6881.3% of that as net income, and generated -$270.33M of free cash flow. Figures below are compared against other companies classified under Finance Services.

Grades vs. industry

No grades. This company reported an operating loss several times its revenue, so it is treated as pre-commercial and left out of industry comparisons — margins and returns measured against a revenue that barely exists describe a research programme rather than a business. Its reported figures appear in full below.

Profitability

MetricCompanyIndustry medianRank
Gross margin
Gross profit as a share of revenue. Often unreported.
Not reported39.2%—
Operating margin
Operating income as a share of revenue.
-3565.8%-53.0%—
Net margin
Net income as a share of revenue.
-6881.3%-31.2%—
Free cash flow margin
Free cash flow as a share of revenue.
-4129.0%-21.2%—
Return on equity
Net income divided by shareholder equity.
-188.2%-13.7%—
Return on assets
Net income divided by total assets.
-147.1%-8.1%—
Return on invested capital
After-tax operating profit over debt plus equity less cash.
-79.7%-13.0%—

“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Nothing here is ranked: this company reported an operating loss several times its revenue, so it is left out of its industry’s comparisons and does not count toward the medians shown. Its own figures are exactly as filed.

Financial health

MetricCompanyIndustry medianRank
Debt to equity
Total debt divided by shareholder equity.
Not reported0.48x—
Current ratio
Current assets over current liabilities.
0.33x1.92x—
Quick ratio
Current assets excluding inventory, over current liabilities.
0.33x1.92x—
Interest coverage
Operating income divided by interest expense.
Not reported-10.71x—
Net debt to EBITDA
Net debt over derived EBITDA. EBITDA is not a GAAP tag; it is computed.
Not reported-0.59x—

“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Nothing here is ranked: this company reported an operating loss several times its revenue, so it is left out of its industry’s comparisons and does not count toward the medians shown. Its own figures are exactly as filed.

Dividend record

What the dividend has actually done, not a prediction of what it will do. Changes are checked against total dollars paid so that stock splits are not mistaken for cuts.

Years paying
1
since 2018 in this data
Consecutive increases
None
most recent year was not an increase
Reductions
None
in the years covered
Latest per share
$10.30
fiscal 2018

Dividend history is limited to what companies have filed in machine-readable form, which generally begins around 2009. A company may have paid or raised its dividend for far longer than shown here.

Insider activity

Trades reported by officers, directors and 10% shareholders on SEC Form 4. None of the last 2 reported transactions were open-market purchases — grants, option exercises and sales make up the majority of insider filings at most companies.

DateInsiderTransactionSharesPriceValue
Aug 1, 2026
Rudisill McAndrew
Chief Executive Officer
Withheld for tax98,174$5.16$506.6K
Aug 1, 2026
Saunders John Tazewell
Chief Financial Officer
Withheld for tax16,151$5.16$83.3K

A dash under price or value means none was reported, which is normal for grants and gifts — it does not mean the shares were free. Option exercises and awards are compensation arriving on a schedule, not a judgement about the stock.

Annual financials

Fiscal year202520242023202220212020201920182017
Revenue$6.55M————————
Operating income-$233.45M-$4.42M-$13.48M-$17.90M-$15.64M-$5.65M-$20.86M-$599.1K-$343.9K
Net income-$450.52M-$14.18M-$19.94M-$38.73M-$20.32M-$10.88M-$25.39M$1.04M$123.8K
EPS (diluted)-$54.32n/cn/cn/cn/cn/cn/cn/cn/c
Operating cash flow-$26.05M-$1.17M-$10.92M-$12.13M-$19.37M-$3.87M-$3.32M-$789.2K-$497.4K
Capital expenditure$244.28M————————
Free cash flow-$270.33M————————
Total assets$306.30M$12.76M$5.26M$19.65M$62.71M$55.53M$51.88M$118.44M$117.06M
Shareholder equity$239.42M$9.25M-$127.0K$11.34M$39.32M$30.29M$38.57M-$7.68M$5.00M
Total debt—$13.0K$12.9K$1.31M—————
Cash$8.02M$4.57M$1.71M$6.97M$8.22M$2.11M$83.4K$567.2K$428.4K

A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.

n/c marks per-share figures that are not comparable. Companies report each year as their filings stated it, and an annual report restates only its two prior years — so after a stock split, older years remain on the pre-split share count. Totals above are unaffected.

Source

Figures come from FORUM MARKETS Inc’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 10-K filed Apr 1, 2026. View filings on EDGAR.

Not financial advice. This page presents figures reported to the SEC and compares them with other companies sharing an industry classification. It is not a recommendation to buy or sell anything, and the grades cannot capture everything that matters about a business. Industry classifications are coarse, filings are self-reported, and some figures are missing or understated where companies tag them in ways this site does not match. Do your own research.