Forge Group, Inc. (FIGP) reported strong top-line growth for the six months ended June 30, 2026, but weaker underwriting results. Net premiums earned rose to $17.3 million from $14.8 million, driven by gross premiums written of $20.0 million, up 27.6%, as active distribution partners nearly doubled to 405.
Net income attributable to Forge Group increased to $1.8 million from $1.2 million, helped by a $1.2 million deferred tax benefit from releasing a valuation allowance after emerging from a three‑year cumulative loss position. Core underwriting weakened: the GAAP combined ratio deteriorated to 102.9% from 99.4%, producing a $0.5 million underwriting loss as the loss and LAE ratio rose to 61.4% on higher claim severity.
Cash and investments totaled $91.6 million and stockholders’ equity was $54.9 million, with operating cash flow of $4.1 million. The investment portfolio remains largely investment‑grade fixed income, though unrealized losses on available‑for‑sale securities widened with higher interest rates. The company also highlights a disputed attempted lease termination at its 2805 M Street property, which could affect future rental income depending on resolution.
Forge Group, Inc. (FIGP) filed a current report under Regulation A to announce that it has released a press release with its financial results for the three- and six-month periods ended June 30, 2026. The press release, titled “Forge Group, Inc. Announces 2nd Quarter 2026 Financial Results,” is included as Exhibit 1U.1 and will also be posted on the company’s website and its OTC Market company page.
The company includes a Safe Harbor Statement noting that any forward-looking statements are subject to risks and uncertainties described in its Form 1-A Offering Statement dated February 7, 2022 and subsequent SEC filings, and that it undertakes no obligation to update such statements except as required by law.
Forge Group, Inc. furnished a Current Report on Form 1-U announcing that it issued a press release with its financial results for the three-month period ended March 31, 2026. The release is filed as Exhibit 1U.1 and will be posted on the company website and its OTC Market company page.
The filing includes a standard Safe Harbor statement for forward-looking language and does not itself include the financial figures; the press release copy is attached as the exhibit.
Forge Group, Inc. furnished a Current Report on Form 1-U stating it issued a press release on March 17, 2026 announcing its financial results for the three-month and twelve-month periods ended December 31, 2025. The press release is filed as Exhibit 1U.1 and will be posted on the company website and its OTC Market company page.
The filing includes a standard safe-harbor statement for forward-looking remarks and is signed by Patrick J. Bracewell, Chief Executive Officer.