ForgeRock, Inc., together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces (APIs), microservices, devices, and the Internet of things worldwide. It offers identity management products to automate onboarding/registration and progressive profiling, identity lifecycle and relationship management, identity provisioning and synchronization, user self-service, personalization, delegation, and privacy and consent management. The company also provides access management products, such as passwordless, usernameless, and multi-factor authentication; single sign-on; contextual and adaptive risk-based access; fine-grained authorization; API and microservices security; and secure impersonation and data sharing. In addition, it offers identity governance products, including access requests that allow users to request access to systems or applications through integration with help desk or service ticketing systems; access reviews and certifications; segregation of duties; role and entitlement management; policy management; identity workflows, which enable enterprises to connect their business processes with identity events; and reporting and analytics. Further, the company provides autonomous identity products that comprise predictive confidence scores for access; overprovisioned access detection and access revocation recommendations; outlier detection; identity automation recommendations; role mining and recommendations; joiner, mover, and leaver access automation; and automated approvals and certifications. ForgeRock, Inc. was founded in 2009 and is headquartered in San Francisco, California.

Victor Ake

Steve Ferris

Hermann Svoren

Lasse Andresen

Jonathan Scudder

ForgeRock, Inc.

OLOID provides solutions for enhancing identity and access management in workplaces, enabling passwordless login and access control automation. It offers services such as workflow automation, time clocking, and solutions for enterprises, offices, and commercial real estate, aimed at improving security and compliance for modern work environments.

OLOID

Trust Stamp delivers trusted identity systems that are used to establish confidence in digital transactions for organizations and individuals. They focus on innovations in biometrics, data protection, and risk mitigation associated with identity data.

Trust Stamp

VerifyMe, Inc., a technology solutions provider, provides products to connect brands with consumers in the United States. The company offers VerifyMe Engage services that provides the ability for the brand owner to gather business intelligence and engage with the consumer using authentication test as the initial contact with the consumer. It also offers VerifyMe Authenticate services that provide an assortment of tools through its patented products comprising VerifyInk, a patented invisible ink; VerifyAuthenticator technology, a device used with a smartphone and the VerifyMe app to authenticate and decode VerifyInk codes; VerifyLabel, a tamper proof labels; and VerifyChecker, a handheld device that is tuned to authenticate the unique frequency of VerifyInk invisible ink. In addition, the company provides VerifyMe Track & Trace, a supply chain serialization, track and trace technology utilizing overt dynamic codes, such as VerifyCode, which is tied to cloud-based authentication and track and trace system. Further, it offers VerifyMe Online that includes technologies and services that enable customers to tackle counterfeit websites, domains and e-commerce platforms, and social media sites offering or promoting counterfeit products. VerifyMe, Inc. has a strategic partnership with INX International Ink Company. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was incorporated in 1999 and is headquartered in Rochester, New York.

Metric
Company Name	ForgeRock, Inc.	OLOID	Trust Stamp	VerifyMe, Inc.
Symbol	FORG			VRME
MSH ID	COM:FORGEROCK	AI:OLOID	AI:TRUSTSTAMP	COM:VERIFYME
Market	STOCKS	PRIVATE	PRIVATE	STOCKS
Sector	Technology	Commercial & Professional Services	Technology	Industrials
Industry	Software - Infrastructure	Security Technology	Identity and Data Security	Security & Protection Services
Country	US	US	US	US
Stage		Series A	Post-IPO Equity
Employee Count	923			50
Website	forgerock.com	oloid.ai	truststamp.ai	verifyme.com
LinkedIn		oloid-ai
Founders

Metric
Market Cap	1.95B			13.74M
Enterprise Value
Monthly Web Traffic		26.16K	1.62K
Web Traffic Growth		5.24	-0.67
Valuation
Raised Capital		6M	2M

Metric
Revenue	217.51M	25.31M
Revenue (LTM)
Revenue (NTM)
Gross Profit	177.97M	7.87M
EBITDA	-56.35M	-2.19M
Operating Income	-60.38M	-3.33M
Net Income	-66.27M	-3.39M
EPS	-0.78	-0.35
Diluted EPS	-0.78	-0.35
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.81	0.36
Operating Profit Margin	-0.29	-0.08
EBITDA Margin	-0.26	-0.09
Net Profit Margin	-0.34	-0.07
Return on Equity	-0.27	-0.15
Return on Assets	-0.18	-0.10
Return on Capital Employed	-0.21	-0.13

COM:FORGEROCK

ForgeRock, Inc.

Last Close

21.88

22/08 20:00

Market Cap

1.95B

Beta: -

Volume Today

7.77M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-25.23	-3.17
P/B Ratio	7.13	0.91
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	8.02	0.87
EV Multiple	-37.63	-4.81

Metric
Days Sales Outstanding	114.83	31.42
Days Payables Outstanding	48.38	31.02
Days Inventory Outstanding	77.65	0.85
Operating Cycle	192.47	62.82
Cash Conversion Cycle	144.09	4.20
Asset Turnover	0.53	1.45

Metric
Operating Cash Flow	-45.01M	244K
Free Cash Flow	-46.63M	244K
Cash Flow to Debt	-0.79	0.43
Operating Cash Flow/Sales	-0.16	0.04
Free Cash Flow Yield	-0.02	-0.11

Metric
Cash & Equivalents	128.80M	3.10M
Accounts Receivable	-13.37M	1.29M
Inventory	21.13M	38K
Goodwill		5.38M
Debt to Capitalization	0.15	0.17
Debt to Assets	0.11	0.19
Current Ratio	3.61	1.55
Quick Ratio	3.42	1.86

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.16	0.06
R&D to Revenue	0.27	0.00
SG&A to Revenue	0.27	0.38