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FRMM · FORUM MARKETS Inc

Track FRMM — free
$5.86 +0.20 (+3.53%) At close · Aug 28
Market Cap
$74.71M
Shares
13.20M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$5.86 Open$5.82 Day$5.74–6.10 Since split$1.79–21.77 Avg vol 30d202K Short int2.3M · 17.7% float · 10.3d Short vol43% Last earningsAug 13, 2026 DataOct 2025–Aug 2026 Filing10-Q · Aug 14

Raw chart and full-history price indicators begin at the captured split on Oct 20, 2025; bars on opposite sides are not compared.

The closing range begins at the captured split on Oct 20, 2025.

Up next

Next earnings call
Nov 12, 2026 Est · unconfirmed · in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 14, 2026

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Buy Momentum Very Strong Sentiment Bearish Fundamentals Fair Quant / Vol Very High
Market backdrop VIX 14.4 · calm Equity put/call 0.62
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +8%
above
Price vs 50-day avg +1%
above
RSI (14) 51
neutral
MACD trend Negative
52-week position 20%
mid-range
Momentum
relative strength
Very Strong
1-month return +14%
trailing
6-month return +100%
trailing
YTD return +20%
this year
Relative strength +87%
vs S&P · 6-mo
Sentiment
smart money
Bearish
Trend (MA cross) No cross
50d $6 › 200d $5 — 50d above 200d
Institutional flow Distributing
-13% holders QoQ · +6 funds added
Insider flow Distributing
Net -$1.6M over 90 days · 100% sells
Short interest Rising
17.73% of float · ▲ +5.2% MoM · 10.3 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
41 holders — mid 6-yr range
Squeeze score 81
high risk · 0–100
Fundamentals
Fair
EPS growth −90%
Y/Y
Buyback $100.0M
authorized
Quant / Vol
risk profile
Very High
Volatility 139%
annualized · 1-yr
Max drawdown −92%
past year
ATR 8.2%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the 8-K filed May 14, 2026
Assets under management (AUM) across its tokenized and pre-token · exit 2026 $100M – $175M

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
1 · 3 · 2
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+8% Bullish
Price vs 50-day avg
+1% Bullish
RSI (14)
51 Neutral
MACD trend
Negative Bearish
52-week position
20% Neutral
Market signals — smart money & positioning
Bearish · 3 of 6
Trend (MA cross) No cross
50d $6 › 200d $5 — 50d above 200d
Institutional flow Distributing
-13% holders QoQ · +6 funds added
Insider flow Distributing
Net -$1.6M over 90 days · 100% sells
Short interest Rising
17.73% of float · ▲ +5.2% MoM · 10.3 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
41 holders — mid 6-yr range
Price context
position in its range since split · 2025-10-20
Range low $2 Now $6 · 20% Range high $22
vs 200-day avg +8% vs 50-day avg +1%

Illustrative 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 loss non-GAAP $76M Q1 FY2026
Net Asset Value $144.5M Q1 2026
Net Asset Value per share $9.93 Q1 2026
Q1 2026 Adj. EBITDA non-GAAP $2.9M Q1 2026
Full Year 2025 Adj. EBITDA non-GAAP $6.5M Full Year 2025
Full year adjusted EBITDA non-GAAP -$218.5M Full Year 2025

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
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
FRMM
FORUM MARKETS Inc
this stock
$74.71M +19.6% 17.7%
SAP
Sap SE
$254.76B -8.8% 0.7%
SHOP
Shopify Inc.
$197.14B -5.0% +30.1% 102.8 1.2%
CRM
Salesforce, Inc.
$169.23B -3.4% +25.9% 18.8 3.2%
UBER
Uber Technologies, Inc
$160.99B -3.5% +18.3% 2.3%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Reducing
Holders
41
% held
68.4%
Net QoQ
-3.1M sh
Top holder
SUSQUEHANNA INTERNATIONAL…
Held Float
View
Held by Funds
Fund positions
16
View
Short & Settlement
Short Interest Rising
Shares short
2.3M
Days to cover
10.3d
Change
+115.0K sh
View
Short Volume
Short vol %
43%
As of
Aug 28, 2026
Short Total
View
Fails to Deliver
FTD shares
22.5K
Value
$119.9K
As of
Jul 29, 2026
View
Off-Exchange
Off-exchange %
58.5%
Week of
Jul 20, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$1.6M
Buyers / Sellers
0 / 1
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$6.5M
Net income (FY)
$-450.5M
EPS diluted
$-54.32
View
Buybacks
Authorized
$100.0M
View
Filings
SEC Filings
Latest
8-K
Filed
Aug 21, 2026
This year
24
View
Proposed Sales
Value
$52.6K
Shares
5.0K
Filed
Nov 20, 2025
View
Exempt Offerings
Offering
$425.0M
Filed
Sep 15, 2025
View
Earnings & Events
Earnings Calls
Last call
Aug 20, 2026
View

Performance

Raw-price comparisons begin at the captured split on Oct 20, 2025; windows that need an earlier baseline remain unavailable.

5D 20D 120D MTD YTD
FRMM +6.9% +13.6% +100.0% +13.6% +19.6%
SPY +0.5% +3.0% +13.4% +3.0% +12.8%
vs SPY +6.5% +10.6% +86.6% +10.6% +6.8%

Capital returns

Buyback program · as of Jun 29, 2026
Authorized
$100.00M
Spent (derived)
Remaining

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.

Key facts CIK 1690080 CUSIP 68236V401 13F (30d) 43 filings 43 filers Visit website Investor relations