Company / Profit Margin
FORGE INNOVATION DEVELOPMENT CORP. Profit Margin History
FY2017-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
-189.8%
FY2024
5-year range
-889.3% / -27.8%
FY2020-FY2024
Trend
+9.6%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Profit Margin has fluctuated over the past 8 years, ranging from -2027.6% in FY2017 to -27.8% in FY2022.
Based on SEC 10-K filings.
-189.8% in FY2024 with a 5-year CAGR of +597.4%.
Declined from -27.8% to -189.8% over the past 2 years.
Profit Margin over time
Growth rates
- 3-Year Change
- +539.2pp
- 5-Year Change
- +597.4pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2024, profit margin increased 9.6% year-over-year.
- Peak profit margin was recorded in FY2022.
- Lowest profit margin in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score -0.35 (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -189.8% | +9.6% |
| FY2023 | -209.9% | -654.5% |
| FY2022 | -27.8% | +96.2% |
| FY2021 | -729.0% | +18.0% |
| FY2020 | -889.3% | -13.0% |
| FY2019 | -787.2% | +13.1% |
| FY2018 | -905.7% | +55.3% |
| FY2017 | -2027.6% | - |