Rhea-AI Summary
Forge Group, Inc. reported its full-year 2023 financial results, showing growth in premium revenue, improvements in loss and expense ratios, and progress towards profitability. The company converted to a new digital insurance platform and increased its number of active distribution partners significantly. Despite an underwriting loss in 2023, Forge remains optimistic about its strategic direction and future growth prospects.
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FAQ
What is the current stock price of FORGE GROUP (FIGP)?
FORGE GROUP (FIGP) last closed at $19.66.
What is the market cap of FORGE GROUP (FIGP)?
The market cap of FORGE GROUP (FIGP) is approximately $40.2M.