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FGNV (Forge Innovation Development) Revenue : $0.62 Mil (TTM As of Sep. 2024)


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What is Forge Innovation Development Revenue?

Forge Innovation Development's revenue for the three months ended in Sep. 2024 was $0.18 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $0.62 Mil. Forge Innovation Development's Revenue per Share for the three months ended in Sep. 2024 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $0.01.

During the past 12 months, the average Revenue per Share Growth Rate of Forge Innovation Development was 62.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 108.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 50.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Forge Innovation Development's highest 3-Year average Revenue per Share Growth Rate was 108.00% per year. The lowest was 44.20% per year. And the median was 76.10% per year.


Forge Innovation Development Revenue Historical Data

The historical data trend for Forge Innovation Development's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Forge Innovation Development Revenue Chart

Forge Innovation Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 0.04 0.04 0.04 0.12 0.44

Forge Innovation Development Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.13 0.14 0.18 0.18

Competitive Comparison of Forge Innovation Development's Revenue

For the Real Estate Services subindustry, Forge Innovation Development's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forge Innovation Development's Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Forge Innovation Development's Revenue distribution charts can be found below:

* The bar in red indicates where Forge Innovation Development's Revenue falls into.



Forge Innovation Development Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.62 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Forge Innovation Development  (OTCPK:FGNV) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Forge Innovation Development Revenue Related Terms

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Forge Innovation Development Business Description

Traded in Other Exchanges
N/A
Address
6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509
Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including the purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.

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