Financial Performance - Placement fee revenues for the year ended December 31, 2022 were $107723 thousand[16] - Total revenues, less transaction-based expenses for the year ended December 31, 2022 were $125022 thousand[16] - Total operating expenses for the year ended December 31, 2022 were $134811 thousand[16] - Operating loss for the year ended December 31, 2022 was $(9789) thousand[16] - Net loss for the year ended December 31, 2022 was $(18499) thousand[16] - Adjusted EBITDA for the year ended December 31, 2022 was $8761 thousand[16] - Adjusted EBITDA for the year ended December 31, 2022 was $(46851) thousand[16] Key Business Metrics - Transaction volume for the year ended December 31, 2022 was $32 billion[9, 18] - Assets Under Custody as of December 31, 2022 were $143 billion[20] - Total Custodial Accounts as of December 31, 2022 were 2124677[20] Non-GAAP Financial Measure - The Company presents Adjusted EBITDA, a non-GAAP financial measure, to evaluate its ongoing operations and for internal planning and forecasting purposes[5]
Forge(FRGE) - 2022 Q4 - Earnings Call Presentation