Invezz

Forum Markets (FRMM)

NasdaqMarket Closed

Forum Markets, Incorporated is a financial technology company building infrastructure for blockchain-enabled capital markets. Its focus is on real-world assets, or RWAs, a segment that uses distributed ledger technology to represent claims on traditional financial assets in digital form. The company’s platform is designed to support the origination, financing, administration, and distribution of tokenized instruments backed by income-producing assets.

Forum Markets targets asset classes that generate contractual cash flows, such as consumer credit, equipment finance assets, and similar receivables or financing arrangements. These markets are traditionally managed through private credit channels, securitization structures, and institutional funding relationships. By applying blockchain infrastructure, the company seeks to make parts of that process more programmable, transparent, and efficient, while preserving the legal and economic features required by traditional investors and issuers.

The company uses public blockchain rails, including Ethereum and related Layer-2 networks, as part of its technology stack. These systems can support issuance records, lifecycle management, investor reporting, settlement workflows, and potential secondary-market activity for tokenized financial products. The use of Layer-2 protocols can also help reduce transaction costs and improve scalability compared with relying solely on Ethereum’s base layer.

Forum Markets sits within a broader movement to connect conventional finance with digital asset infrastructure. Its business depends on trust, compliance, asset quality, and institutional adoption rather than on speculative crypto trading alone. Key considerations for investors include regulation of tokenized securities and credit products, demand from asset originators, liquidity in RWA markets, and the company’s ability to build reliable technology around complex financial instruments.

6.03USD
6.23 USD
+0.55(+10.04%)
Pre-market

Last updated

Market Cap
$72,330,235
P/E
P/FCF
P/S
6.72
Enterprise Value
$94,178,235
Sector
Industry
Address
2875 SOUTH OCEAN BLVD, PALM BEACH, FL
Market Cap
$72,330,235
Enterprise Value
$94,178,235
P/E
P/B
0.57
P/S
6.72
EV / EBITDA
-0.39
EV / Sales
8.74
EPS
-40.04
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$331,047,213
ROE
-413.54%
ROA
-332.34%
Debt / Equity
0.2
Current Ratio
2.88
Quick Ratio
2.88
Cash
0.83
Avg Volume
$247,285
Fundamentals Snapshot Price
5.48

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue1.37M2.86M2.44M4.11M0
Cost of revenue967K0000
Gross profit398K2.86M2.44M4.11M0
Operating income-9.94M-4.63M-9.61M-220.49M-1.35M
EBITDA-9.01M-4.16M-9.61M-220.49M-1.35M
Net income-12.82M-76.26M-222.69M-216.74M-1.73M
Income taxes00000
Interest expense-238K-1M-2.74M-319.91K0
Other operating expenses00000
Total operating expenses10.34M7.49M12.04M224.6M1.35M
Basic EPS-0.75-3.58-11.53-17.45-3.03
Diluted EPS-0.75-3.58-11.53-17.45-3.03

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets159.03M207.61M306.3M1.01B10.71M
Total liabilities31.23M39.28M66.88M564.18M5.33M
Total equity127.8M168.34M239.42M445.14M5.38M
Cash & equivalents4.1M65.91M8.02M53.31M2.22M
Current assets14.19M82.53M13.57M561.95M3.09M
Current liabilities4.92M13.1M39.7M52.08M5.33M
Accounts payable570K436K1.54M1.2M2.2M
Receivables3.96M11.83M000
Inventories00000
Goodwill00000
Long-term debt25.95M25.95M25.95M496.28M0

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow-12.44M-20.45M-7.63M-16.43M-1.5M
Investing cash flow-17.79M71.82M124.74M-252.37M0
Financing cash flow-31.57M5.5M-666.97M825.48M-5K
Change in cash-61.8M56.87M-549.87M556.7M-1.5M
Net income-12.42M-77.53M-231.52M-207.91M-1.35M
KindFilingDateLink
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13G/A — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
edgar index10-Q — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
edgar indexSCHEDULE 13G/A — FORUM MARKETS IncView Filing
edgar indexSCHEDULE 13G/A — FORUM MARKETS IncView Filing
form 4Form 4 — Saunders John TazewellView Filing
form 4Form 4 — Rudisill McAndrewView Filing
form 4Form 4 — Rudisill McAndrewView Filing
form 4Form 4 — Rudisill McAndrewView Filing
form 4Form 4 — Rudisill McAndrewView Filing
form 4Form 4 — Rudisill McAndrewView Filing
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
edgar index4 — FORUM MARKETS IncView Filing
form 4Form 4 — Lomashuk KonstantinView Filing
edgar index4 — FORUM MARKETS IncView Filing
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Lomashuk KonstantinView Filing
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edgar indexARS — FORUM MARKETS IncView Filing
edgar indexDEFA14A — FORUM MARKETS IncView Filing
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form 4Form 4 — Lomashuk KonstantinView Filing
edgar indexDEF 14A — FORUM MARKETS IncView Filing
form 4Form 4 — Lomashuk KonstantinView Filing
edgar index3 — FORUM MARKETS IncView Filing
edgar indexSCHEDULE 13G/A — FORUM MARKETS IncView Filing
form 3Form 3 — Pemble Brian JamesView Filing
form 3Form 3 — Pemble Brian JamesView Filing
form 3Form 3 — Pemble Brian JamesView Filing
form 3Form 3 — Pemble Brian JamesView Filing
form 3Form 3 — Pemble Brian JamesView Filing
form 4Form 4 — Lomashuk KonstantinView Filing
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
edgar index10-Q — FORUM MARKETS IncView Filing
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
edgar index3 — FORUM MARKETS IncView Filing
form 3Form 3 — Lomashuk KonstantinView Filing
form 3Form 3 — Lomashuk KonstantinView Filing
form 3Form 3 — Lomashuk KonstantinView Filing
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
edgar indexRW — FORUM MARKETS IncView Filing
edgar index8-K — FORUM MARKETS IncView Filing
eight k text8-K — 8-KView Filing
edgar indexEFFECT — FORUM MARKETS IncView Filing
edgar index8-K — FORUM MARKETS IncView Filing
edgar index424B3 — FORUM MARKETS IncView Filing
edgar index8-K — FORUM MARKETS IncView Filing
edgar index3 — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
form 3Form 3 — Dalton AngelaView Filing
edgar index8-K — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
edgar index4 — FORUM MARKETS IncView Filing
form 4Form 4 — Heter Crystal JaneView Filing
form 4Form 4 — New Jason GriffinView Filing
form 4Form 4 — New Jason GriffinView Filing