Latest revenue
$2.9M
as of 2026-03-31
Latest net income
$-76.3M
as of 2026-03-31
Net margin
-2667.5%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $66.0M
- Enterprise value
- $66.0M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $24.44
- 52-wk low
- $0.70
- Beta
- —
- Shares out
- 14.5M
5-year trend
What this company does
Item 1. Business. Overview Forum Markets, Incorporated (formerly ETHZilla Corporation) (the “Company,” “Forum,” “we,” “our” or “us”) is a financial technology company focused on developing infrastructure that supports the origination, financing, and distribution of RWAs through blockchain-enabled capital markets. During 2025 and early 2026, the Company further focused its business model toward building and operating platforms designed to originate and finance real-world financial assets that could ultimately be distributed through tokenized capital markets. This evolution reflects management’s view that long-term value creation in blockchain-enabled financial markets will be driven…
AI summary unavailable — showing raw filing excerpt
Generated from FRMM's filing dated 2026-04-01
Key risks
Item 1A. Risk Factors. Ownership of our securities involves a high degree of risk. You should carefully consider the risks described below, together with all other information contained in or incorporated by reference into this Report, including our consolidated financial statements and the notes thereto, and “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.” The following discussion highlights material risks that could adversely affect our business, financial condition, results of operations, cash flows, liquidity, prospects and the trading price of our common stock. Additional risks and uncertainties not presently known to us or that we…
AI summary unavailable — showing raw filing excerpt
Generated from FRMM's filing dated 2026-04-01
Profitability
Operating margin
-3565.8%
Net margin
-6881.3%
Return on equity
-188.2%
22.8%Return on assets
-147.1%
32.4%Leverage
Debt / equity
0.28×
26.4%Long-term debt / equity
0.00×
100.5%Debt / assets
21.8%
20.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $2.9M | — | $-76.3M | -3119.2% | -2667.5% |
Q4 2025 2025-12-31 | — | — | $-229.7M | -1769.6% | — |
Q3 2025 2025-09-30 | $4.1M | — | $-216.7M | -25803.8% | -5273.3% |
Q2 2025 2025-06-30 | — | — | $-1.7M | -14755.8% | — |
Q1 2025 2025-03-31 | — | — | $-2.4M | -121.5% | — |
Q4 2024 2024-12-31 | — | — | $-12.3M | — | — |
Q3 2024 2024-09-30 | — | — | $-836.7K | +91.8% | — |
Q2 2024 2024-06-30 | — | — | $11.8K | +100.3% | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Finance Services · SIC 6199
Your notes
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Insider activity
Insider buying
$0
Insider selling
$9.3M
Net activity
−$9.3M
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns FRMM
No institutional holdings on file for FRMM yet.
Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).
Top questions investors are asking
Coming once FRMM's latest filing finishes processing.