ForgeRock, Inc. FORG NYSE

ForgeRock, Inc. (FORG) generated $-45.01M in operating cash flow for fiscal year 2022. After capital expenditures of $1.62M, free cash flow was $-46.63M.

Free cash flow margin was -21.4% of revenue. Cash conversion ratio was 0.68x, suggesting some earnings are non-cash.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (66/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (10/100) — Cash conversion ratio was 0.68x suggests some earnings are non-cash items

Overall SharesGrow Score: 34/100 with 0/7 criteria passed.