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Forian Inc.

Data quality: 100%
FORA
Nasdaq Technology Cloud & Data Services
$2.15
▲ $0.01 (0.23%)
Mkt Cap: 67.01 M
Price
$2.15
Mkt Cap
67.01 M
Day Range
$2.14 — $2.15
52-Week Range
$1.64 — $2.71
Volume
24,836
Open $2.15
50D / 200D Avg
$2.08
2.93% above
50D / 200D Avg
$2.11
1.90% above

Quick Summary

Key Takeaways

Revenue grew 15.71% annually over 5 years — strong growth
Generating 2.89 M in free cash flow
Revenue growth is accelerating — 1Y growth exceeds 5Y average by 34.42%

Growth

Revenue Growth (5Y)
15.71%
Above sector avg (7.17%)
Revenue (1Y)50.13%
Earnings (1Y)N/A
FCF Growth (3Y)110.19%

Quality

Return on Equity
-9.27%
Below sector avg (1.81%)
ROIC-9.59%
Net Margin-9.50%
Op. Margin-12.44%

Safety

Debt / Equity
N/A
Current Ratio3.87
Interest Coverage-26.44

Valuation

PE (TTM)
-23.32
Below sector avg (-0.15)
P/B Ratio2.16
EV/EBITDAN/A
Dividend YieldN/A

Price History

Financial Trends

Peer Comparison

vs Technology sector median (1058 peers)
Metric Stock Sector Median
P/E -23.3 -0.1
P/B 2.2 3.0
ROE % -9.3 1.8
Net Margin % -9.5 -0.5
Rev Growth 5Y % 15.7 7.2
D/E 0.4

All Fundamental Metrics

Growth
Revenue Growth (1Y) 50.13% Revenue Growth (3Y) 21.54%
Earnings Growth (1Y) N/A Earnings Growth (3Y) N/A
Revenue Growth (5Y) 15.71% Earnings Growth (5Y) N/A
Profitability
Revenue (TTM) 30.26 M Net Income (TTM) -2.87 M
ROE -9.27% ROA -6.41%
Gross Margin N/A Operating Margin -12.44%
Net Margin -9.50% Free Cash Flow (TTM) 2.89 M
ROIC -9.59% FCF Growth (3Y) 110.19%
Safety
Debt / Equity N/A Current Ratio 3.87
Interest Coverage -26.44 Asset Turnover 0.67
Working Capital 29.19 M Tangible Book Value 30.03 M
Dividends
Dividend Yield N/A Payout Ratio N/A
Dividend Growth (3Y) N/A Dividend Growth (5Y) N/A
Consecutive Div Years N/A
Valuation
P/E Ratio -23.32 Forward P/E N/A
P/B Ratio 2.16 P/S Ratio 2.21
PEG Ratio N/A Forward PEG N/A
EV/EBITDA N/A Fwd EV/EBITDA N/A
Forward P/S N/A Fwd Earnings Yield N/A
FCF Yield 4.31%
Market Cap 67.01 M Enterprise Value 62.35 M
Per Share
EPS (Diluted TTM) -0.09 Revenue / Share 0.97
FCF / Share 0.09 OCF / Share 0.09
EPS CAGR (1Y) N/A EPS CAGR (5Y) N/A
EPS CAGR (10Y) N/A
Efficiency
CapEx / Revenue N/A FCF Conversion -100.43%
SBC-Adj. FCF -1.34 M Growth Momentum 34.42

Income Statement

Annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 30.26 M 20.15 M 20.48 M 28.01 M 16.88 M
Net Income -2.87 M -3.77 M 11.11 M -25.97 M -26.55 M
EPS (Diluted) -0.09 -0.12 0.34 -0.81 -0.90
Gross Profit
Operating Income -3.76 M -6.99 M -5.60 M -26.09 M -27.62 M
EBITDA
R&D Expenses 2.92 M 1.44 M 1.41 M 12.35 M 8.98 M
SG&A Expenses
D&A 207,722.0 63,389.0 74,438.0 2.89 M 1.99 M
Interest Expense 142,351.0 708,933.0 834,785.0 873,336.0 322,379.0
Income Tax 227,972.0 66,583.0 85,740.0 23,980.0 22,511.0

Balance Sheet

Annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 44.13 M 47.17 M 58.89 M 46.26 M 56.84 M
Total Liabilities 14.35 M 17.12 M 32.71 M 33.84 M 31.67 M
Shareholders' Equity 29.78 M 30.05 M 26.18 M 12.42 M 25.17 M
Total Debt
Cash & Equivalents 12.90 M 4.59 M 6.04 M 3.32 M 18.66 M
Current Assets 42.56 M 44.46 M 57.28 M 26.92 M 35.99 M
Current Liabilities 14.35 M 16.60 M 6.84 M 8.35 M 6.80 M