Forecross Corp. (FRXX)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Forecross Corp. (FRXX) trades at $0.00 with AI Score 58/100 (Grade B). Forecross Corporation specializes in software solutions for re-deploying and sustaining legacy applications on the Internet. Market cap: $4,944, Sector: Technology.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for FRXX: FRXX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FRXX against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
FRXX: 1/4 perspectives are bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →Forecross Corp. (FRXX) Technology Profile & Competitive Position
Forecross Corporation provides software solutions for modernizing legacy applications, offering XML solutions and automated migration tools. With a negative profit margin of -10.7% and a volatile beta of -4.38, the company operates in the competitive application software sector, focusing on helping enterprises sustain legacy systems.
What Is the Investment Thesis for FRXX?
Forecross Corporation presents a niche investment opportunity within the application software sector, focusing on legacy system modernization. With a market capitalization of 5K and a negative P/E ratio of -0.01, the company's financial metrics reflect its current challenges. However, its gross margin of 61.3% indicates potential in its specialized services. Growth catalysts include increasing demand for legacy system integration and modernization as enterprises seek cost-effective alternatives to complete system replacements. Key risks involve the company's negative profit margin of -10.7% and the highly competitive nature of the software industry. The company's ability to innovate and adapt its solutions to evolving technology standards will be crucial for sustained growth.
Based on FMP financials and quantitative analysis
FRXX Key Highlights
- Gross margin of 61.3% indicates potential profitability in specialized services.
- Negative P/E ratio of -0.01 reflects current earnings challenges.
- Market capitalization of 5K indicates the company's small size and limited market presence.
- Beta of -4.38 suggests high volatility and potential sensitivity to market movements.
- Focus on legacy application modernization provides a niche market position.
Who Are FRXX's Competitors?
FRXX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| NOW ServiceNow, Inc. | $108.69 | +2.23% | $112.09B | 71 |
| RSASF RESAAS Services Inc. | $0.30 | +2.76% | $25.04M | 69 |
| PDFS PDF Solutions, Inc. | $59.18 | -11.51% | $2.44B | 68 |
| CSAI Cloudastructure Inc. | $0.36 | +0.47% | $6.84M | 68 |
| USER UserTesting, Inc. | $7.50 | -0.13% | 63 | |
| XM Qualtrics International Inc. | $18.15 | +0.06% | $11.01B | 63 |
| PDC PDC | $5.45 | -2.68% | $16.63M | 63 |
| NP Neptune Insurance Holdings Inc. | $33.29 | +0.21% | $3.16B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FRXX's Key Strengths?
- Specialized expertise in legacy application modernization.
- Proprietary automated migration tools.
- Long-standing experience in the industry.
- Solutions for multiple legacy platforms (ADSO, IDMS, CSP, VSAM).
What Are FRXX's Weaknesses?
- Small market capitalization and limited financial resources.
- Negative profit margin.
- High beta indicating volatility.
- Dependence on legacy systems market, which may decline over time.
What Could Drive FRXX Stock Higher?
- Increasing demand for legacy system integration and modernization as enterprises seek cost-effective alternatives to complete system replacements.
- Potential partnerships with larger IT service providers to expand market reach.
- Launch of enhanced automated migration tools to improve efficiency and accuracy (timeline: within the next year).
- Expansion into cloud migration services to capitalize on the growing cloud market.
- Targeting specific industry verticals with a high concentration of legacy systems.
What Are the Key Risks for FRXX?
- Financial-distress signal — its Altman Z-Score of -18.45 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Negative profit margin of -10.7% indicates financial challenges.
- Intense competition from larger software vendors with greater resources.
- Rapid technological advancements and platform shifts could render legacy systems obsolete.
- Economic downturns affecting IT spending and project budgets.
- Limited financial disclosure and transparency due to OTC Other tier listing.
What Are the Growth Opportunities for FRXX?
- Expanding XML Solutions: Forecross can capitalize on the growing demand for XML-based solutions to integrate legacy applications with modern systems. The global XML market is projected to reach $4.5 billion by 2028, driven by the need for data interoperability and application integration. By enhancing its XML offerings, Forecross can attract enterprises seeking to leverage their legacy data in new applications and services, providing a significant growth opportunity over the next 3-5 years.
- Targeting Specific Verticals: Forecross can focus on specific industry verticals with a high concentration of legacy systems, such as finance, healthcare, and government. These sectors often have complex IT infrastructures and stringent regulatory requirements, creating a demand for specialized migration and modernization solutions. By tailoring its offerings to meet the unique needs of these verticals, Forecross can establish a strong market presence and secure long-term contracts.
- Cloud Migration Services: As more enterprises migrate their applications to the cloud, Forecross can offer cloud migration services for legacy systems. This involves converting and adapting legacy applications to run on cloud platforms, enabling businesses to take advantage of the scalability and cost-efficiency of the cloud. The cloud migration services market is expected to grow at a CAGR of 15% over the next five years, presenting a substantial growth opportunity for Forecross.
- Partnerships and Alliances: Forecross can form strategic partnerships with larger IT service providers and system integrators to expand its market reach and access new customers. By collaborating with established players in the IT industry, Forecross can leverage their existing customer base and distribution channels to promote its legacy modernization solutions. These partnerships can also provide access to new technologies and expertise, enhancing the company's competitive advantage.
- Enhancing Automated Migration Tools: Forecross can invest in enhancing its automated migration tools to improve their efficiency and accuracy. This includes adding support for new legacy platforms and technologies, as well as incorporating advanced features such as automated testing and code optimization. By continuously improving its migration tools, Forecross can reduce the time and cost of legacy modernization projects, making its solutions more attractive to enterprises.
What Opportunities Does FRXX Have?
- Growing demand for legacy system integration and modernization.
- Expansion into cloud migration services.
- Strategic partnerships with larger IT service providers.
- Targeting specific industry verticals with legacy systems.
What Threats Does FRXX Face?
- Intense competition from larger software vendors.
- Rapid technological advancements and platform shifts.
- Economic downturns affecting IT spending.
- Security risks associated with legacy systems.
What Are FRXX's Competitive Advantages?
- Specialized expertise in legacy system migration and modernization.
- Proprietary automated migration tools for various legacy platforms.
- Long-standing experience in the industry since 1982.
What Does FRXX Do?
Founded in 1982 and based in San Francisco, Forecross Corporation specializes in developing software solutions that enable enterprises to re-deploy and sustain legacy applications on the Internet. The company's core offerings include XML solutions designed to make legacy applications e-Ready, along with IT application protection solutions. Forecross provides automated migration tools such as convert/ADSOTM, which transforms ADSO dialogs into CICS command level COBOL programs. Other tools include convert/IDMS-DCTM for converting IDMS/DC programs, convert/IDMS-DBTM for IDMS/DB programs and databases, convert/CSPTM for CSP applications, and convert/VSAMTM for VSAM programs and files. These solutions aim to modernize legacy systems by converting them into ANSI standard SQL environments, allowing businesses to leverage existing infrastructure while adopting modern technologies. Forecross targets enterprises seeking to extend the life and functionality of their legacy systems without undertaking costly and disruptive overhauls.
What Products and Services Does FRXX Offer?
- Develops software to re-deploy legacy applications on the Internet.
- Offers XML solutions to make legacy applications e-Ready.
- Provides IT applications protection solutions.
- Offers automated migration solutions for various legacy platforms.
- Converts ADSO dialogs into CICS command level COBOL programs.
- Converts IDMS/DC programs into CICS command level programs.
- Converts IDMS/DB programs, data, and databases into ANSI standard SQL environments.
- Converts CSP applications into CICS command level COBOL programs.
How Does FRXX Make Money?
- Provides software licenses for its migration and modernization tools.
- Offers consulting services for legacy system integration projects.
- Generates revenue through customized software development for specific client needs.
What Industry Does FRXX Operate In?
Forecross Corporation operates in the application software industry, which is characterized by rapid technological advancements and intense competition. The industry is driven by the increasing need for businesses to optimize their IT infrastructure and modernize legacy systems. According to industry reports, the application modernization services market is expected to grow as companies seek cost-effective solutions to extend the life of their existing applications. Forecross competes with larger software vendors and specialized firms offering similar migration and modernization services. The company's success depends on its ability to provide efficient and reliable solutions that address the specific needs of enterprises with legacy systems.
Who Are FRXX's Key Customers?
- Enterprises with legacy IT systems seeking modernization.
- Organizations in regulated industries requiring compliance and security.
- Companies looking to extend the life of their existing applications.
Company Profile
Forecross Corp. operates in the Software - Application industry within the Technology sector. It is headquartered in San Francisco, US. The company is led by CEO Bernadette C. Castello. FRXX has traded publicly since 1998.
Forecross Corp. (FRXX) Valuation Context
Valued at 5K, FRXX is classified as a micro-cap stock. Relative to its peer group, FRXX's quantitative score of 58/100 is roughly in line with the peer average of 68/100.
ROE 41%Key Financial Metrics
Return on equity for Forecross Corp. stands at 40.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -41.0%, showing how much profit it generates from its asset base. A current ratio of 0.44 means current liabilities exceed short-term assets, a liquidity point worth watching.
F-Score 2/9Financial Health
Forecross Corp.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -18.45 places it in the distress zone, a signal of elevated financial risk.
FRXX Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Specialized expertise in legacy application modernization.
- Proprietary automated migration tools.
- Long-standing experience in the industry.
- Solutions for multiple legacy platforms (ADSO, IDMS, CSP, VSAM).
Bear Case
- Small market capitalization and limited financial resources.
- Negative profit margin.
- High beta indicating volatility.
- Dependence on legacy systems market, which may decline over time.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
FRXX Latest News
No recent news available for FRXX.
FRXX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FRXX.
Price Targets
Wall Street price target analysis for FRXX.
FRXX MoonshotScore
What does this score mean?
The MoonshotScore rates FRXX's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Bernadette C. Castello
CEO
Bernadette C. Castello serves as the CEO of Forecross Corporation, leading a team of 33 employees. Her background includes extensive experience in software development and IT management. Prior to joining Forecross, she held leadership positions at various technology firms, focusing on application development and system integration. Castello holds a degree in Computer Science and has a proven track record of driving innovation and growth in the software industry.
Track Record: Since becoming CEO, Bernadette C. Castello has focused on expanding Forecross Corporation's market reach and enhancing its legacy modernization solutions. Key achievements include securing strategic partnerships with IT service providers and launching new cloud migration services. Under her leadership, the company has continued to provide specialized solutions for enterprises seeking to modernize their legacy systems.
FRXX OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Forecross Corporation may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is often associated with higher risk due to the potential for less transparency and liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and transparency.
- Low trading volume and liquidity.
- Higher potential for price manipulation.
- Increased risk of fraud or mismanagement.
- Lack of regulatory oversight compared to major exchanges.
- Verify the company's financial statements and SEC filings (if any).
- Research the background and experience of the company's management team.
- Assess the company's business model and competitive landscape.
- Review the company's legal and regulatory compliance.
- Evaluate the company's liquidity and trading volume.
- Check for any red flags or warning signs, such as pending lawsuits or regulatory actions.
- Consult with a qualified financial advisor before investing.
- Company has been in business since 1982.
- Focus on a specific niche market (legacy application modernization).
- CEO with experience in software development and IT management.
- Gross margin of 61.3% indicates potential profitability.
Common Questions About FRXX (Technology)
What does Forecross Corp. do?
Forecross Corporation specializes in providing software solutions for modernizing and sustaining legacy applications. The company offers a suite of automated migration tools and XML solutions that enable enterprises to re-deploy their existing applications on the Internet. By converting legacy systems into ANSI standard SQL environments, Forecross helps businesses extend the life of their IT infrastructure while reducing costs and improving efficiency. The company targets organizations with complex legacy systems seeking cost-effective alternatives to complete system replacements.
What do analysts say about FRXX stock?
As of 2026-03-17, there is no available analyst coverage for Forecross Corp. (FRXX). The company's financial metrics, including a negative P/E ratio of -0.01 and a market capitalization of 5K, reflect its current financial challenges. Investors should conduct their own due diligence and consider the company's growth potential, competitive landscape, and risk factors before making any investment decisions. The company's focus on legacy system modernization presents a niche market opportunity, but its financial performance and OTC listing require careful evaluation.
What are the main risks for FRXX?
Forecross Corporation faces several risks, including its negative profit margin of -10.7%, which indicates financial instability. The company also operates in a highly competitive software industry, facing competition from larger vendors with greater resources. Rapid technological advancements and platform shifts could render legacy systems obsolete, reducing demand for Forecross's solutions. Additionally, the company's OTC Other tier listing carries risks associated with limited financial disclosure, low liquidity, and potential for price volatility. Investors should carefully consider these risks before investing in FRXX.
What are the key factors to evaluate for FRXX?
Forecross Corp. (FRXX) holds an AI score of 58/100 (moderate). Not financial advice.
How frequently does FRXX data refresh on this page?
FRXX prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FRXX's recent stock price performance?
Forecross Corp. (FRXX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Specialized expertise in legacy application modernization. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FRXX overvalued or undervalued right now?
Valuing Forecross Corp. (FRXX) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FRXX?
Before investing in Forecross Corp. (FRXX), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is limited and may not be fully up-to-date.
- OTC market investments carry higher risks than exchange-listed stocks.
- AI analysis pending for FRXX, further insights may become available.