Valuation: Forge Innovation Development Corp.

Market Cap 559K 483K 455K 413K 777K 53.59M 788K 5.33M 2.09M 26.8M 2.1M 2.05M 89.28M P/E 2023
-66.5x
P/E 2024 -31.8x
Enterprise Value 5.93M 5.12M 4.82M 4.38M 8.23M 568M 8.36M 56.5M 22.14M 284M 22.26M 21.77M 946M EV / Sales 2023
155x
EV / Sales 2024 68.3x
Free-Float
26.2%
Yield 2023 *
-
Yield 2024 -
11-24 Forge Innovation Development Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
25-08-19 Forge Innovation Development Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
25-05-20 Forge Innovation Development Corp. Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
25-04-15 Forge Innovation Development Corp. Reports Earnings Results for the Full Year Ended December 31, 2024 CI
25-04-14 Forge Innovation Development Corp. Auditor Raises 'Going Concern' Doubt CI
24-11-14 Forge Innovation Development Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 CI
24-08-14 Forge Innovation Development Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 CI
24-05-17 Forge Innovation Development Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
24-04-16 Forge Innovation Development Corp. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
24-04-15 Forge Innovation Development Corp. Auditor Raises 'Going Concern' Doubt CI
23-11-14 Forge Innovation Development Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
23-08-14 Forge Innovation Development Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023 CI
23-05-15 Forge Innovation Development Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023 CI
Manager TitleAgeSince
Chief Executive Officer 42 2016-03-31
Director TitleAgeSince
Director/Board Member 42 2016-03-31
Change 5-day change 1-year change 3-year change Capi.($)
+233.33%-.--% - - 55.43K
+0.09%+0.51%+27.50%+31.65% 43.29B
+0.82%+4.07%+3.44%+5.03% 30.87B
-2.01%-3.12%+13.85%+110.95% 27.75B
+0.18%-1.43%-24.64%+62.59% 26.52B
-0.31%-1.37%-8.43%+42.64% 24.47B
-0.26%-2.57%-34.68%-61.86% 20.71B
-0.44%-2.97%+22.39%+6.78% 20.48B
-1.37%-2.96%+7.93%+87.07% 19.48B
+3.50%+5.31%-3.41%-14.79% 18.72B
Average +23.35%-0.50%+0.44%+30.01% 25.81B
Weighted average by Cap. -0.02%-0.31%+2.81%+32.65%

Financials

2023 2024
Net sales 438K 379K 356K 324K 609K 42.01M 618K 4.18M 1.64M 21.01M 1.65M 1.61M 69.99M 668K 577K 543K 494K 928K 64.04M 942K 6.37M 2.5M 32.03M 2.51M 2.45M 107M
Net income -920K -795K -748K -680K -1.28M -88.18M -1.3M -8.77M -3.44M -44.1M -3.46M -3.38M -147M -1.27M -1.1M -1.03M -937K -1.76M -122M -1.79M -12.09M -4.74M -60.79M -4.76M -4.66M -202M
Net Debt 4.65M 4.02M 3.78M 3.44M 6.46M 446M 6.56M 44.33M 17.37M 223M 17.46M 17.08M 742M 5.37M 4.64M 4.36M 3.96M 7.46M 514M 7.57M 51.17M 20.05M 257M 20.16M 19.72M 857M
Logo Forge Innovation Development Corp.
Forge Innovation Development Corp. is focused on real estate development, land purchasing and selling and property management. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property, such as stores, offices, private schools, and others, to non-affiliated third parties. Its principal activities are securing acquisition rights to properties, obtaining zoning and other entitlements for the properties, securing financing for the purchase of the properties, improving the properties’ infrastructure and amenities, and selling properties to third parties. Its property development activities are centered in the Southern California area. It focuses on developing a diversified real estate portfolio by investing in residential real estate, including single-family housing, condos and townhomes and commercial properties, including strip-malls and small office buildings. It also focuses on providing property management for its properties.
Employees
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