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.

	Dec '19	Dec '20	Dec '21	Dec '22
revenue	104.50M -	127.63M 22.14%	176.93M 38.63%	217.51M 22.93%
cost of revenue	17.03M -	21.33M 25.22%	32.93M 54.39%	39.54M 20.08%
gross profit	87.47M -	106.31M 21.54%	144.00M 35.46%	177.97M 23.59%
selling and marketing expenses	69.56M -	75.77M 8.93%	88.62M 16.96%	118.79M 34.05%
general and administrative expenses	25.29M -	26.73M 5.68%	40.33M 50.88%	57.72M 43.13%
selling general and administrative expenses	94.85M -	102.50M 8.06%	128.95M 25.81%	176.52M 36.89%
research and development expenses	29.64M -	35.90M 21.14%	43.50M 21.16%	61.84M 42.16%
other expenses	309K -	-345K 211.65%	-40K 88.41%	2.97M 7,527.50%
cost and expenses	141.52M -	159.73M 12.86%	205.37M 28.58%	277.89M 35.31%
operating expenses	124.49M -	138.40M 11.17%	172.45M 24.60%	238.35M 38.22%
interest expense	1.87M -	4.51M 141.28%	4.52M 0.09%	3.58M 20.79%
ebitda	-35.55M -	-31.28M 11.99%	-27.42M 12.35%	-56.35M 105.50%
operating income	-37.02M -	-32.09M 13.32%	-28.44M 11.38%	-60.38M 112.31%
depreciation and amortization	1.48M -	810K 45.16%	1.02M 26.05%	4.04M 295.20%
total other income expenses net	-1.87M -	-9.14M 388.35%	-18.44M 101.85%	-4.21M 77.17%
income before tax	-38.89M -	-41.23M 6.01%	-46.88M 13.72%	-64.59M 37.77%
income tax expense	-1.99M -	565K 128.46%	884K 56.46%	1.68M 89.82%
net income	-36.91M -	-41.79M 13.24%	-47.77M 14.29%	-66.27M 38.74%
weighted average shs out	66.40M -	66.40M 0%	41.74M 37.13%	84.89M 103.36%
weighted average shs out dil	66.40M -	66.40M 0%	41.74M 37.13%	84.89M 103.36%
eps	-0.56 -	-0.63 12.50%	-1.14 80.95%	-0.78 31.58%
epsdiluted	-0.56 -	-0.63 12.50%	-1.14 80.95%	-0.78 31.58%

NYSE:FORG

ForgeRock, Inc.

Last Close

21.88

22/08 20:00

Market Cap

1.95B

Beta: -

Volume Today

7.77M

Avg: 673.10K

PE Ratio

−25.23

PFCF: −48.23

Preview