See more : Wizz Air Holdings Plc (WIZZ.L) Income Statement Analysis – Financial Results
Complete financial analysis of Forian Inc. (FORA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Forian Inc., a leading company in the Medical – Healthcare Information Services industry within the Healthcare sector.
- Reece Limited (REH.AX) Income Statement Analysis – Financial Results
- 11880 Solutions AG (TGT.DE) Income Statement Analysis – Financial Results
- Ginlong Technologies Co., Ltd. (300763.SZ) Income Statement Analysis – Financial Results
- Bechtle AG (BECTY) Income Statement Analysis – Financial Results
- China De Xiao Quan Care Group Co., Ltd (CDXQ) Income Statement Analysis – Financial Results
Forian Inc. (FORA)
About Forian Inc.
Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. It operates through three segments: Information & Software, Services, and Other. The company's products include BioTrack, a vertically integrated point of sale, manufacturing, delivery, and cultivator software solution for dispensaries, cultivators, manufacturers, and distributors; and Cannalytics, a Software as a Service based analytics solution that provides clients with a presentation of business performance. Its products also comprise BioTrack seed-to-sale compliance traceability platform, which is used to manage the tracking and tracing of various cannabis products from cultivation to sale; BioTrack State Traceability & Enforcement Monitoring System to ensure transparency and accountability throughout cannabis supply chain; and STEMS, a seed-to-sale tracking module, to provide cannabis program management solution to cannabis regulatory agencies. In addition, the company offers security monitoring and web marketing services. The company is headquartered in Newtown, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 20.48M | 28.01M | 16.88M | 544.87K | 0.00 |
| Cost of Revenue | 5.48M | 6.87M | 4.72M | 38.29K | 854.00 |
| Gross Profit | 15.00M | 21.13M | 12.16M | 506.58K | -854.00 |
| Gross Profit Ratio | 73.26% | 75.45% | 72.05% | 92.97% | 0.00% |
| Research & Development | 1.41M | 12.35M | 8.98M | 2.51M | 827.47K |
| General & Administrative | 13.63M | 20.53M | 23.46M | 2.98M | 0.00 |
| Selling & Marketing | 4.88M | 5.87M | 4.14M | 573.85K | 0.00 |
| SG&A | 18.52M | 26.40M | 27.61M | 2.98M | 463.84K |
| Other Expenses | 674.27K | 2.89M | 1.99M | 0.00 | 0.00 |
| Operating Expenses | 20.60M | 41.64M | 38.57M | 5.49M | 1.29M |
| Cost & Expenses | 26.08M | 48.51M | 43.29M | 5.53M | 1.29M |
| Interest Income | 2.33M | 267.13K | 6.81K | 3.57K | 5.00K |
| Interest Expense | 834.79K | 873.34K | 322.38K | 0.00 | 0.00 |
| Depreciation & Amortization | 96.33K | 67.18K | 2.21M | 8.56K | 854.00 |
| EBITDA | 2.75M | -18.25M | -24.00M | -4.97M | -1.29M |
| EBITDA Ratio | 13.43% | -61.01% | -143.31% | -913.75% | 0.00% |
| Operating Income | -5.60M | -20.51M | -26.41M | -4.98M | -1.29M |
| Operating Income Ratio | -27.32% | -73.23% | -156.44% | -914.67% | 0.00% |
| Total Other Income/Expenses | 7.41M | -215.20K | 1.09M | 3.57K | 3.33K |
| Income Before Tax | 1.82M | -25.95M | -26.53M | -4.98M | -1.29M |
| Income Before Tax Ratio | 8.88% | -92.65% | -157.16% | -914.01% | 0.00% |
| Income Tax Expense | 85.74K | 23.98K | 22.51K | -3.57K | -4.00 |
| Net Income | 11.11M | -25.97M | -26.55M | -4.98M | -1.29M |
| Net Income Ratio | 54.23% | -92.74% | -157.30% | -913.36% | 0.00% |
| EPS | 0.35 | -0.81 | -0.84 | -0.17 | -0.04 |
| EPS Diluted | 0.34 | -0.81 | -0.84 | -0.17 | -0.04 |
| Weighted Avg Shares Out | 32.03M | 32.03M | 31.77M | 29.82M | 29.82M |
| Weighted Avg Shares Out (Dil) | 32.23M | 32.03M | 31.77M | 29.82M | 29.82M |
Forian Inc. (FORA) Reports Q2 Loss, Misses Revenue Estimates
Forian Inc. Announces Second Quarter 2024 Financial Results
Forian Inc. to Announce Second Quarter 2024 Results on August 14, 2024
VerticalScope Announces Voting Results From Its Annual General and Special Meeting of Shareholders
VerticalScope to Participate in Upcoming Investor Conferences in May and June 2024
VerticalScope Delivers 14% Revenue Growth, $5.2 Million in Free Cash Flow, for First Quarter of 2024
VerticalScope Partners with The Trade Desk to Integrate OpenPass and OpenPath
7 Multibagger Growth Stocks to Buy to Defy the Downtrend
Forian Inc. Announces the Passing of Director Martin J. Wygod
VerticalScope to Announce First Quarter 2024 Results
Source: https://incomestatements.info
Category: Stock Reports