FRMM · FORUM MARKETS Inc
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
AI Brief
Q1 FY26 earnings call · May 14, 2026TL;DR. Forum reported Q1 2026 revenue of $2.9M, a $77.5M net loss driven by digital asset losses, and lowered full-year 2026 AUM guidance to $100M-$175M (from $125M-$200M) and revenue guidance to $18M-$22M (from $18M-$26M) due to capital used for share repurchases, while launching AI infrastructure GPU bridge financing targeting mid-teens returns, advancing institutional co-investment partnerships, and continuing the Liquidity.io platform upgrade.
- + Repurchased 5.8 million shares (28% of shares outstanding) for approximately $24.9M, reducing share count to 14.5M and viewed as accretive capital deployment
- + Board established a special committee of independent directors conducting a formal strategic review to maximize shareholder value
- + Making progress establishing co-investment partnerships with major institutional investment firms for AI infrastructure and aircraft engine leasing verticals
- − Lowered full-year 2026 AUM guidance to $100M-$175M from prior $125M-$200M due to capital deployed for share repurchases
- − Lowered full-year 2026 revenue guidance to $18M-$22M from prior $18M-$26M due to slower near-term capital deployment
- − Reported Q1 2026 net loss from continuing operations of $77.5M and Adjusted EBITDA loss of $76M, primarily from realized losses on disposition of digital assets
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | -$7.43M | the three months ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Application — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
FRMM
this stock
FORUM MARKETS Inc
|
$42.90M | -33.7% | — | — | 17.3% |
|
QH
QUHUO Ltd
|
$314.26B | +230.6% | +59.7% | — | 0.0% |
|
SAP
Sap SE
|
$264.29B | -5.7% | — | — | 0.4% |
|
SHOP
Shopify Inc.
|
$223.21B | +7.8% | +30.1% | 116.4 | 1.6% |
|
CRM
Salesforce, Inc.
|
$199.52B | -8.5% | +25.9% | 22.1 | 4.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| FRMM | -22.4% | -35.4% | -37.3% | -31.1% | -33.7% |
| SPY | -1.2% | -0.6% | +8.1% | +0.8% | +12.8% |
| vs SPY | -21.3% | -34.8% | -45.3% | -32.0% | -46.5% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.