Forum Markets, Incorporated · NASDAQ:FRMM
Forum Markets — Q2 2026 Earnings Presentation
21 slides from Forum Markets's earnings presentation, Aug 13, 2026
Slide 1: Second Quarter 2026 Earnings Presentation
1 August 13, 2026 Second Quarter 2026 Earnings Presentation
Slide 2: Disclaimer
2 DISCLAIMER This presentation has been prepared by Forum Markets, Incorporated (“Forum” or the “Company”) solely for information purposes. This presentation does not constitute an offer to sell or the solicitation of an offer to buy or acquire securities of the Company in any jurisdiction or an ind
Slide 3: Forum at a Glance
3 Forum at a Glance
Slide 4: Forum: Modernizing Capital Markets
4 FORUM: MODERNIZING CAPITAL MARKETS By broadening access and liquidity for cash-generating real-world assets ACQUIRE GENERATE YIELD § Monetize real-world assets (RWAs) and high- High-risk-adjusted-yield RWA Earn operating income through proprietary pipelines from asset use yield private investments
Slide 5: The Forum Advantage
5 THE FORUM ADVANTAGE Differentiated ecosystem designed to unlock market access and enhance liquidity PROPRIETARY DYNAMIC ASSET EXCLUSIVE REGULATED PIPELINE ACCESS LIQUIDITY INFRASTRUCTURE • Established pathways to • Frictionless liquidity • Sole authorization to list premium, high-yield real- power
Slide 6: Our Business
6 OUR BUSINESS
Slide 7: Forum's Four Business Verticals Feature Attractive Risk-Adjusted Returns
7 FORUM’S FOUR BUSINESS VERTICALS FEATURE ATTRACTIVE RISK-ADJUSTED RETURNS COMMERCIAL AVIATION AI-INFRASTRUCTURE MODULAR HOME FINANCING AUTO FINANCING DIVERSIFIED BUSINESS MODEL WITH LONG-TERM SCALABILITY
Slide 8: Commercial Aviation
8 COMMERCIAL AVIATION Generating stable cash flows from the most utilized aircraft engine in the world within an access-constrained market AVIATION LEASE FORUM EQUIPMENT ORIGINATION ASSETS • Carrier network via two • CFM56-7B engines largest U.S. airlines • Predictable lease hold • Underwriting via
Slide 9: AI-Infrastructure
9 AI-INFRASTRUCTURE Generating high-yield returns and cash flow from NVIDIA and Dell AI GPU financing and AI compute within access- constrained market SHORT-TERM AI GPU AI COMPUTE BRIDGE FINANCING • Provide data centers and • Provide equity in AI equipment neoclouds GPU bridge in data centers, neocl
Slide 10: Modular Home Financing
10 MODULAR HOME FINANCING Predictable residential credit yields via high-velocity institutional distribution MODULAR HOUSING FORUM AGGREGATION LOAN ORIGINATION FACILITY • Origination platform via • $75M aggregation facility exclusive partnership with • Forward pool purchases • First-lien, manufactur
Slide 11: Auto Financing
11 AUTO FINANCING Short-duration financing platform generating double-digit yield and creating scalable asset pipelines AUTO LOAN ORIGINATION FORUM WAREHOUSE FACILITY • AI-driven underwriting via • $10M revolving facility Karus • 7-10 day duration • Dealer network via • First-lien, secured auto Auto
Slide 12: Multi-Channel Asset Distribution Strategy
12 MULTI-CHANNEL ASSET DISTRIBUTION STRATEGY INSTITUTIONAL DISTRIBUTION RETAIL DISTRIBUTION • Building institutional channels for access- Primary distribution platform: * constrained, double-digit-yielding asset classes • FINRA-licensed broker/dealer & ATS • Growing interest in double-digit-yield, h
Slide 13: Financial Results
13 FINANCIAL RESULTS
Slide 14: Forum by the Numbers
14 FORUM BY THE NUMBERS KEY METRICS REFLECT FORUM’S EARLY PLATFORM PERFORMANCE, BALANCE SHEET FORUM BY THE NUMBERS POSITION AND EXPECTED ASSET YIELD I. Q2 2026 Revenue: reflects early platform activity and income generated from real-world asset and financing activities $1.4M ($7.4M) II. Q2 2026 Adju
Slide 15: Disciplined Capital Allocation Driving Shareholder Value
15 DISCIPLINED CAPITAL ALLOCATION DRIVING SHAREHOLDER VALUE I II III
Slide 16: Strategic Levers to Maximize Shareholder Value
16 STRATEGIC LEVERS TO MAXIMIZE SHAREHOLDER VALUE SHARE REPURCHASE PROGRAM STRATEGIC ALTERNATIVES • Repurchased ~7.1M shares or ~35% of outstanding • Independent Special Committee of BoD formed to shares during Q2’26 review strategic options • BoD right-sized the repurchase authorization to • Assess
Slide 17: Forum Outlook
i! FORUM OUTLOOK Looking ahead, the Company expects: To exit 2026 with between $100 million and $175 million in assets under management (AUM) across our on- balance sheet and pre-tokenization credit portfolios Full year 2026 total revenue to be in the range of $18 million to $22 million Targeting AU
Slide 18: Appendix
18 APPENDIX
Slide 19: Non-GAAP Financial Measures and Reconciliations
19 NON-GAAP FINANCIAL MEASURES AND RECONCILIATIONS
Slide 20: Consolidated Income Statement
20 CONSOLIDATED INCOME STATEMENT
Slide 21: Non-GAAP Financial Measures and Reconciliations
21 NON-GAAP FINANCIAL MEASURES AND RECONCILIATIONS