FRMM
Forum Markets, Incorporated NASDAQ Listed Aug 18, 2025$6.19
-0.96%
vs $6.25
Mkt Cap $50.5M
52w Low $1.79
87.6% of range
52w High $6.81
50d MA $5.62
200d MA $4.38
P/E (TTM)
-0.2x
EV/EBITDA
—
P/B
0.2x
Debt/Equity
0.1x
ROE
-188.2%
P/FCF
-1.9x
RSI (14)
60.60
ATR (14)
$0.43
Beta
1.03
50d MA
$5.62
200d MA
$4.38
Avg Volume
319.1K
ETHZilla Corp. is a technology company in the decentralized finance (DeFi) industry, which intends to connect financial institutions, businesses, and organizations worldwide by enabling secure, accessible blockchain transactions through Ethereum Network protocol implementations. It continues to maintain the deployment and development of its biotech and gaming operations. The company was founded by Marc Feldmann, Lawrence J. Steinman, and Jonathan B. Rothbard on September 7, 2016 and is headquartered in Palm Beach, FL.
2875 South Ocean Blvd · Palm Beach, FL 33480 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 14, 2026 | BMO | -0.22 | -3.64 | -1554.5% | 4.46 | +0.2% | +9.2% | -24.0% | +0.8% | +4.8% | +6.1% | — |
| Mar 31, 2026 | BMO | -2.28 | -1.00 | +56.1% | 2.89 | +1.0% | -2.8% | -2.1% | -21.8% | -2.8% | -2.4% | — |
| Nov 14, 2025 | BMO | — | -16.80 | — | 16.18 | -7.3% | -8.2% | -16.8% | +4.4% | -11.9% | -8.8% | — |
| May 15, 2024 | BMO | — | -1.68 | — | 20.00 | +0.0% | -3.0% | -14.9% | -4.2% | -3.2% | +30.1% | — |
| Aug 9, 2022 | BMO | -494.00 | -76.00 | +84.6% | 4446.00 | +0.0% | -5.1% | -0.5% | -3.1% | +6.5% | +0.0% | — |
| May 16, 2022 | BMO | -494.00 | 190.00 | +138.5% | 4788.00 | +0.0% | +4.8% | -4.5% | +13.5% | -4.9% | -6.6% | — |
No analyst ratings available.
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jul 21, 2026 | Lomashuk Konstantin10% | — | Sell | 250,000 | $6.00 | $1.5M | 1,226,638 | +1.06% | +1.51% |
| Jul 15, 2026 | Lomashuk Konstantin10% | — | Sell | 2,562 | $6.30 | $16K | 1,476,638 | +1.16% | -3.32% |
| Jul 9, 2026 | Lomashuk Konstantin10% | — | Sell | 3,387 | $6.15 | $21K | 1,479,200 | -12.06% | +1.16% |
| Jul 8, 2026 | Lomashuk Konstantin10% | — | Sell | 1,100 | $6.13 | $7K | 1,482,587 | +1.02% | -2.26% |
| Jul 7, 2026 | Lomashuk Konstantin10% | — | Sell | 3,702 | $6.41 | $24K | 1,483,687 | +1.02% | -2.26% |
8-K · 1.01
!! High
Forum Markets, Incorporated -- 8-K 1.01: Material Agreement
Jul 30
8-K · 1.01
!! High
Forum Markets, Incorporated -- 8-K 1.01: Material Agreement
Jul 16
8-K · 1.01
!! High
Forum Markets, Incorporated -- 8-K 1.01: Material Agreement
Jul 1
8-K · 8.01
!! High
Forum Markets, Incorporated -- 8-K 8.01: Material Event / Announcement
Jun 30
8-K · 2.02
!! High
Forum Markets, Incorporated -- 8-K 2.02: Earnings Results
May 14
8-K · 5.03
! Medium
Forum Markets, Incorporated -- 8-K 5.03: Amendment to Articles / Bylaws
Forum Markets, Incorporated amended its Certificate of Incorporation, potentially altering corporate governance structure, capital authorization, or shareholder rights without specified operational changes disclosed.
Apr 24
8-K · 8.01
!! High
Forum Markets, Incorporated -- 8-K 8.01: Material Event / Announcement
I cannot provide a specific analysis without seeing the actual press release content in Exhibit 99.1, as the summary provided doesn't detail what material event Forum Markets announced.
Apr 17
8-K · 1.01
!! High
Unknown — 8-K 1.01: Material Agreement
FRMM expanded its at-the-market (ATM) offering agreement with Clear Street LLC, providing enhanced flexibility to raise capital opportunistically, which could dilute existing shareholders but strengthens liquidity.
Apr 8
8-K · 8.01
!! High
Unknown — 8-K 8.01: Material Event / Announcement
Forum Merger Corp's new bridge lending arrangement should improve returns on its tokenized products, potentially attracting institutional investors and supporting higher valuations for FRMM stockholders.
Apr 8
8-K · 5.02
!!! Very High
Unknown — 8-K 5.02: Executive Change
The departure of an executive at FRMM represents potential leadership uncertainty; investors should monitor whether the replacement can maintain operational momentum and shareholder value.
Apr 3
NT 10-K
!!! Very High
Unknown — Late Annual Report — Distress Signal
Forum Markets' late 10-K filing signals potential financial distress or operational issues, increasing delisting risk and suggesting investors should reassess their positions given governance concerns.
Apr 1
8-K
Unknown — 8-K Filing
Forum's successful launch of its tokenization platform with real revenue-generating assets validates its business model, potentially positioning FRMM for significant growth as blockchain-based asset tokenization scales in traditional finance.
Mar 31
8-K · 2.01
!!! Very High
Unknown — 8-K 2.01: Acquisition Completed
FRMM's acquisition of Initial Loans on March 23, 2026, expands its lending portfolio and revenue-generating assets, potentially boosting future earnings and cash flows for shareholders.
Mar 27
8-K · 1.01
!! High
Unknown — 8-K 1.01: Material Agreement
Tatum Advisor Networks' partnership with Anchored Finance could expand distribution channels and advisory services, potentially driving revenue growth and market reach for the fintech platform.
Mar 13
8-K · 8.01
!! High
Forum Markets, Incorporated -- 8-K 8.01: Material Event / Announcement
Forum Markets will begin trading on Nasdaq under the new ticker FRMM (replacing ETHZ) at market open March 2, 2026, maintaining its CUSIP number unchanged.
Feb 26
8-K · 7.01
! Medium
Forum Markets, Incorporated -- 8-K 7.01: Regulation FD Disclosure
Forum Markets subsidiary ETHZilla Aerospace launched Eurus Aero Token I, offering accredited investors tokenized exposure to aircraft engine lease revenue rights through the Liquidity.io platform, diversifying the company's revenue streams.
Feb 12
8-K · 5.02
!!! Very High
Forum Markets, Incorporated -- 8-K 5.02: Executive Change
Forum Markets appointed its Chief Financial Officer as director while Chief Accounting Officer Van Lent resigned, signaling potential leadership restructuring that investors should monitor for operational implications.
Feb 5
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Electric Capital Partners, Llc | 1,375,956 | $7M | New | Dec 2025 |
| 2 | Stokes Family Office, Llc | 767,800 | $2M | New | Mar 2026 |
| 3 | Woodline Partners Lp | 538,053 | $2M | Reduced | Mar 2026 |
| 4 | Wolverine Asset Management Llc | 519,294 | $2M | Added | Mar 2026 |
| 5 | Morgan Stanley | 282,224 | $1M | New | Dec 2025 |
| 6 | Citadel Advisors Llc | 345,225 | $998K | — | Mar 2026 |
| 7 | Ubs Group Ag | 327,794 | $947K | Added | Mar 2026 |
| 8 | Drw Securities, Llc | 270,733 | $782K | — | Mar 2026 |
| 9 | Vanguard Capital Management Llc | 184,387 | $533K | New | Mar 2026 |
| 10 | Barclays Plc | 96,082 | $278K | — | Mar 2026 |
| 11 | Bank Of America Corp /de/ | 94,358 | $273K | New | Mar 2026 |
| 12 | Millennium Management | 72,345 | $209K | Reduced | Mar 2026 |
| 13 | Jane Street Group, Llc | 36,559 | $179K | New | Dec 2025 |
| 14 | Gm Advisory Group, Llc | 56,603 | $164K | — | Mar 2026 |
| 15 | Man Group Plc | 56,555 | $163K | Added | Mar 2026 |
| 16 | Invesco Ltd. | 52,797 | $153K | Added | Mar 2026 |
| 17 | Northern Trust Corp | 33,274 | $96K | — | Mar 2026 |
| 18 | Liontrust Investment Partners Llp | 14,629 | $72K | — | Mar 2026 |
| 19 | Franklin Resources Inc | 17,096 | $49K | — | Mar 2026 |
| 20 | Two Sigma Investments, Lp | 16,316 | $47K | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 11
All ↗
| # | Fund | Shares | Value | Period |
|---|---|---|---|---|
| 1 | Saba Capital Income & Opportunities Fund | 107,343 | $461K | Jan 2026 |
| 2 | Schwab U.S. Small-Cap ETF | 90,035 | $399K | May 2026 |
| 3 | Fidelity Extended Market Index Fund | 87,386 | $308K | Feb 2026 |
| 4 | Saba Capital Income & Opportunities Fund II | 48,145 | $207K | Jan 2026 |
| 5 | Invesco Alerian Galaxy Crypto Economy ETF | 36,226 | $155K | Jan 2026 |
| 6 | Fidelity Total Market Index Fund | 33,109 | $147K | May 2026 |
| 7 | Fidelity Series Total Market Index Fund | 25,821 | $114K | May 2026 |
| 8 | Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF | 12,090 | $52K | Jan 2026 |
| 9 | Fidelity Nasdaq Composite Index Fund | 10,827 | $38K | Feb 2026 |
| 10 | Victory Extended Market Index Fund | 1,058 | $5K | Jan 2026 |
| 11 | State Street Balanced Index Fund | 131 | $379 | Mar 2026 |
Valuation
Market Cap
$50.5M
Enterprise Value
$68.5M
P/E (TTM)
-0.17x
Forward P/E
—
PEG Ratio
0.00x
P/B
0.21x
P/S
5.37x
P/FCF
-1.94x
EV/EBITDA
—
Shares Out
8.2M
Financials (TTM)
Revenue
$9.4M
Net Income
-$516.3M
EBITDA
-$514.9M
Free Cash Flow
-$26.1M
Op Cash Flow
-$26.1M
EPS Basic
$-55.18
EPS Diluted
$-35.44
EPS Forward
$-0.44
Gross Margin
100.0%
Op Margin
—
Net Margin
—
Balance Sheet
Total Assets
$306.3M
Total Liab.
$66.9M
Total Equity
$239.4M
Cash
$8.0M
LT Debt
$25.9M
Book Value/Sh
$29.32
Debt/Equity
0.11x
Current Ratio
0.33
Quick Ratio
0.33
Returns & Growth
ROE
-188.2%
ROA
-147.1%
ROIC
-87.9%
Rev Growth YoY
+0.0%
EPS Growth YoY
—
Price Returns
2W
+17.5%
1M
+4.9%
3M
+39.8%
6M
+83.8%
12M
-93.9%
Technicals
52W High
$6.81
52W Low
$1.79
50d MA
$5.62
200d MA
$4.38
RSI (14)
60.60
ATR (14)
$0.43
Beta
1.03
Avg Volume
319K
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
—
High
—
Low
—
Median
—
Data updated apr 25, 2026 9:57am
· Source: financialmodelingprep.com