Forum Markets (FRMM) Research & Development (2020 - 2025)
Forum Markets (FRMM) posted Research & Development of $182386.0 for Q2 2025, down 24.29% on a QoQ basis from $240905.0 in Q1 2025, and up 36.45% year-over-year from $133665.0 in Q2 2024.
Analysis
Forum Markets (FRMM) Research & Development (2020 - 2025) Analysis & Trends
Forum Markets has reported Research & Development for 6 years, with the latest figure at $182386.0 in Q2 2025.
- On a quarterly basis, Research & Development rose 36.45% year-over-year to $182386.0 in Q2 2025; TTM through Jun 2025 was $971217.0, a 32.31% decrease from a year earlier, with the FY2024 full-year figure at $1.4 million, down 39.17% from the prior year.
- Research & Development was $182386.0 for Q2 2025 at Forum Markets, down from $240905.0 in the prior quarter.
- The five-year high for Research & Development was $2.3 million in Q4 2021, with the low at -$1.4 million in Q4 2022.
- Average Research & Development over 5 years is $366968.3, with a median of $273963.0 recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Research & Development plunged 162.73% in 2022, then surged 920.64% in 2024.
- Over 5 years, Research & Development stood at $2.3 million in 2021, then slumped by 162.73% to -$1.4 million in 2022, then surged by 97.45% to -$36112.0 in 2023, then soared by 920.64% to $296349.0 in 2024, then plunged by 38.46% to $182386.0 in 2025.
- The last three Research & Development figures came in at $182386.0 (Q2 2025), $240905.0 (Q1 2025), and $296349.0 (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.70 Bn | 39.92 Bn | 1.16 Bn | 472.85 Mn |
| 2 | Bullish | 5.43 Bn | 5.38 Bn | 15.53 Mn | - |
| 3 | Canton Strategic Holdings | 494.45 Mn | 494.45 Mn | - | - |
| 4 | Cypherpunk Technologies | 446.07 Mn | 446.07 Mn | - | 197,000.00 |
| 5 | Coincheck | 267.10 Mn | 165.50 Mn | 11.20 Mn | - |
| 6 | Exodus Movement | 226.48 Mn | -128.60 Mn | - | - |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 8 | Usbc | 194.07 Mn | 190.41 Mn | - | 276,000.00 |
| 9 | TON Strategy | 187.68 Mn | 187.66 Mn | - | - |
| 10 | Forum Markets | 90.62 Mn | 90.62 Mn | 398,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 182,386.00 |
| Mar 31, 2025 | 240,905.00 |
| Dec 31, 2024 | 296,349.00 |
| Sep 30, 2024 | 251,577.00 |
| Jun 30, 2024 | 133,665.00 |
| Mar 31, 2024 | 365,186.00 |
| Dec 31, 2023 | -36,112.00 |
| Sep 30, 2023 | 972,113.00 |
| Jun 30, 2023 | 789,441.00 |
| Mar 31, 2023 | 216,684.00 |
| Dec 31, 2022 | -1.42 Mn |
| Sep 30, 2022 | 583,177.00 |
| Jun 30, 2022 | 446,358.00 |
| Mar 31, 2022 | 658,939.00 |
| Dec 31, 2021 | 2.26 Mn |
| Sep 30, 2021 | 316,473.00 |
| Jun 30, 2021 | 246,613.00 |
| Mar 31, 2021 | 99,899.00 |
| Jun 30, 2020 | 351,005.00 |
| Mar 31, 2020 | 472,862.00 |