FORGE INNOVATION DEVELOPMENT CORP. (FGNV) Enterprise Value (2018 - 2025)
Forge Innovation Development's Enterprise Value came in at $2.52 million for the quarter ended Sep 30, 2025, down 93.9% from $41.03 million a year earlier and down 54.4% from the prior quarter.
FORGE INNOVATION DEVELOPMENT CORP. (FGNV) Enterprise Value (2018 - 2025) Analysis & Trends
For the year ended Dec 31, 2024, Forge Innovation Development's Enterprise Value was $41.01 million, down 36.4% from the prior year.
- Enterprise Value carries a five-year compound annual growth rate of -14.7% (years ended Dec 2019 to Dec 2024).
- Going back by year, Enterprise Value was $64.48 million in the year ended Dec 31, 2023 (+28.5%), $50.17 million in the year ended Dec 31, 2022 (+10.1%), $45.56 million in the year ended Dec 31, 2021 (-33.2%) and $68.2 million in the year ended Dec 31, 2020 (-25.0%).
- The figure for the quarter ended Sep 30, 2025 represents the lowest quarterly Enterprise Value in data going back to the quarter ended Sep 30, 2018.
- Year-over-year, Enterprise Value has declined for four consecutive quarters, with an average decline of 24.4% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in the quarter ended Jun 30, 2021 (growth of 167.9%), and the weakest in the quarter ended Sep 30, 2025 (a decline of 93.9%).
- Business Quant data shows FGNV's Enterprise Value at $5.53 million (quarter ended Jun 30, 2025), $5.63 million (quarter ended Mar 31, 2025) and $41.01 million (quarter ended Dec 31, 2024) in the three quarters before the quarter ended Sep 30, 2025.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 2.52 Mn |
| Jun 30, 2025 | 5.53 Mn |
| Mar 31, 2025 | 5.63 Mn |
| Dec 31, 2024 | 41.01 Mn |
| Sep 30, 2024 | 41.03 Mn |
| Jun 30, 2024 | 64.24 Mn |
| Mar 31, 2024 | 64.38 Mn |
| Dec 31, 2023 | 64.48 Mn |
| Sep 30, 2023 | 39.37 Mn |
| Jun 30, 2023 | 38.96 Mn |
| Mar 31, 2023 | 53.66 Mn |
| Dec 31, 2022 | 50.17 Mn |
| Sep 30, 2022 | 50.18 Mn |
| Jun 30, 2022 | 60.22 Mn |
| Mar 31, 2022 | 45.15 Mn |
| Dec 31, 2021 | 45.56 Mn |
| Sep 30, 2021 | 148.63 Mn |
| Jun 30, 2021 | 182.35 Mn |
| Mar 31, 2021 | 227.91 Mn |
| Dec 31, 2020 | 68.20 Mn |
FORGE INNOVATION DEVELOPMENT CORP. Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=FGNV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "FGNV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=FGNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();