ForgeRock, Inc. FORG NYSE

ForgeRock, Inc. (FORG) generated $-14.9M in operating cash flow for quarter ending 2023-06-30. After capital expenditures of $37K, free cash flow was $-14.93M.

Free cash flow margin was -25.6% of revenue. Cash conversion ratio was 0.52x, 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 0.52x suggests some earnings are non-cash items

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