{ "docId": "019de518-b738-772c-94b8-8efd14405b0e", "docSlug": "456df3fc4a5b957c5479d1656595e68e", "documentTitle": "Forge | Results Presentation Deck | 5 slides", "authorId": "forge", "authorName": "Forge", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2024-11-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 3, "pageCount": 5, "prevPage": 2, "nextPage": 4, "slideType": "disclaimer", "function": "appendix", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de518-b738-772c-94b8-8efd14405b0e/3", "deckHref": "/decks/019de518-b738-772c-94b8-8efd14405b0e", "deckJsonHref": "/decks/019de518-b738-772c-94b8-8efd14405b0e.json", "deckAnchorHref": "/decks/019de518-b738-772c-94b8-8efd14405b0e#slide-3", "components": [ { "bbox": { "h": 0.02, "w": 0.06, "x": 0.88, "y": 0.94 }, "kind": "image", "text": "Forge", "attrs": {}, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3fc674ef-06d8-4141-8974-70749b60a3bb", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.019, "w": 0.007, "x": 0.956, "y": 0.94 }, "kind": "other", "text": "3", "attrs": {}, "subkind": "unclassified", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4ff51f99-e11c-4ab1-a449-e6496dd770a7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.29, "w": 0.93, "x": 0.035, "y": 0.639 }, "kind": "paragraph", "text": "The Supplemental Information may contain \"forward-looking statements,\" which generally are accompanied by words such as \"believe,\" \"may,\" \"could,\" \"will,\" \"estimate,\" \"continue,\" \"anticipate,\" \"intend,\" \"target,\" \"goal,\" \"expect,\" \"should,\" \"would,\" \"plan,\" \"predict,\" \"project,\" \"forecast,\" \"potential,\" \"seem,\" \"seek,\" \"future,\" \"outlook,\" and similar expressions that predict, indicate, or relate to future events or trends or the Company's future financial or operating performance, or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the Company's beliefs regarding its financial position and operating performance, as well as future opportunities for the Company to expand its business. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, while considered reasonable by the Company and its management, are subject to risks and uncertainties that may cause actual results to differ materially from current expectations. You should carefully consider the risks and uncertainties described in the Company's documents filed, or to be filed, with the SEC, including but not limited to the Periodic Filings. There may be additional risks that the Company presently does not know of or that it currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company's expectations, plans, or forecasts of future events and views as of the date of this Supplemental Information. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's assessments as of any date subsequent to the date of this Supplemental Information. Accordingly, undue reliance should not be placed upon the forward-looking statements.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2c74c285-c668-447b-bd07-e42a1a72bb3f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.132, "w": 0.93, "x": 0.035, "y": 0.223 }, "kind": "paragraph", "text": "However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. In addition, other companies, including companies in our industry, may calculate similarly titled non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of Adjusted EBITDA as a tool for comparison. A reconciliation is provided below for Adjusted EBITDA to net loss, the most directly comparable financial measure stated in accordance with GAAP. Investors are encouraged to review Adjusted EBITDA and the reconciliation of Adjusted EBITDA to net loss, and not to rely on any single financial measure to evaluate our business.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "40624866-5b24-4ae3-b17e-c54a3edfc402", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.099, "w": 0.93, "x": 0.035, "y": 0.484 }, "kind": "paragraph", "text": "Certain information contained in this presentation is based on publicly available data obtained from third parties unaffiliated with the Company. The use of such third-party data does not, and is not intended to, imply a relationship between the Company and any such third parties. While the Company believes such information forms a reasonable basis for the contents of this presentation, such information may be limited or incomplete. The Company makes no guarantee as to the accuracy or reliability of such information, and this presentation should not be read to indicate that the Company has conducted an exhaustive inquiry into, or review of, all potentially available relevant information.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8e2385d3-a704-4cdd-a027-f853058c3919", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.11, "w": 0.93, "x": 0.035, "y": 0.065 }, "kind": "paragraph", "text": "In addition to our financial results determined in accordance with generally accepted accounting principles in the United States (\"GAAP\"), we present Adjusted EBITDA, a non-GAAP financial measure. We use Adjusted EBITDA to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that Adjusted EBITDA, when taken together with the corresponding GAAP financial measure, provides meaningful supplemental information regarding our performance by excluding specific financial items that have less bearing on our core operating performance. We consider Adjusted EBITDA to be an important measure because it helps illustrate underlying trends in our business and our historical operating performance on a more consistent basis.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b6205718-4d94-482e-bc26-a2bf9f87dd64", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.066, "w": 0.93, "x": 0.035, "y": 0.369 }, "kind": "paragraph", "text": "We define Adjusted EBITDA as net loss attributable to Forge Global Holdings, Inc., adjusted to exclude: (i) net loss attributable to noncontrolling interest, (ii) provision for income taxes, (iii) interest (income) expense, net, (iv) depreciation and amortization, (v) share-based compensation expense, (vi) change in fair value of warrant liabilities, and (vii) other significant gains, losses, and expenses such as impairments or acquisition-related transaction costs that we believe are not indicative of our ongoing results.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e26a6242-4a94-4b30-8c90-3915489288ea", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.014, "w": 0.399, "x": 0.035, "y": 0.036 }, "kind": "title", "text": "Use of Non-GAAP Financial Information", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "251c138d-9a80-43a0-abb3-19325fdfcabf", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.014, "w": 0.24, "x": 0.035, "y": 0.61 }, "kind": "title", "text": "Forward-Looking Statements", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b77a0246-8bfc-4ecd-882e-962c9f6ccc4f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.014, "w": 0.19, "x": 0.035, "y": 0.455 }, "kind": "title", "text": "Use of Third-Party Data", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d5d1879a-da1a-4383-8e30-86debfa8f0a4", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }