Forian Inc. (FORA)

NASDAQ: FORA · IEX Real-Time Price · USD
3.250
+0.050 (1.56%)
Mar 28, 2024, 9:30 AM EDT - Market open
1.56%
Market Cap 99.12M
Revenue (ttm) 23.02M
Net Income (ttm) 6.16M
Shares Out 30.98M
EPS (ttm) 0.18
PE Ratio 17.78
Forward PE 21.74
Dividend n/a
Ex-Dividend Date n/a
Volume 4,690
Open 3.150
Previous Close 3.200
Day's Range 3.250 - 3.250
52-Week Range 1.846 - 4.150
Beta 1.00
Analysts Strong Buy
Price Target 5.00 (+53.85%)
Earnings Date Mar 28, 2024

About FORA

Forian Inc. provides software and information solutions, proprietary data driven insights, and predictive analytics to optimize and measure the operational, clinical, and financial performance of its life science and healthcare 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 ... [Read more]

Sector Healthcare
Founded 2014
Employees 102
Stock Exchange NASDAQ
Ticker Symbol FORA
Full Company Profile

Financial Performance

In 2022, Forian's revenue was $28.01 million, an increase of 65.91% compared to the previous year's $16.88 million. Losses were -$25.97 million, -2.18% less than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for FORA stock is "Strong Buy." The 12-month stock price forecast is $5.0, which is an increase of 53.85% from the latest price.

Price Target
$5.0
(53.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

VerticalScope Announces Fourth Quarter and Full Year 2023 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital pl...

14 days ago - Business Wire

Forian Inc. to Announce Fourth Quarter and Full Year 2023 Results on March 28, 2024

NEWTOWN, PA, March 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life science...

19 days ago - GlobeNewsWire

VerticalScope to Announce Fourth Quarter and Full Year 2023 Results

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Announce Fourth Quarter and Full Year 2023 Results.

5 weeks ago - Business Wire

Forian Inc. Announces Third Quarter 2023 Financial Results

Third quarter revenue grew 24% year-over-year Forian data factory expanded to drive improved insights NEWTOWN, PA, Nov. 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq: FORA), a pr...

4 months ago - GlobeNewsWire

VerticalScope Announces Third Quarter 2023 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital pl...

5 months ago - Business Wire

Forian Inc. to Announce Third Quarter 2023 Results on November 9, 2023

NEWTOWN, PA, Nov. 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq:FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences i...

5 months ago - GlobeNewsWire

Forian Inc. to Participate in the 12th Annual ROTH MKM Technology Event

NEWTOWN, PA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq:FORA) announces that Max Wygod, Chief Executive Officer and Executive Chairman, and Mike Vesey, Chief Financial Of...

5 months ago - GlobeNewsWire

VerticalScope to Announce Third Quarter 2023 Results

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Holdings Inc. ("VerticalScope" or the “Company”) (TSX: FORA) announced today that the Company's third quarter 2023 financial results will be...

5 months ago - Business Wire

Forian Inc. Announces Stock Repurchase

NEWTOWN, PA, Oct. 03, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences ...

6 months ago - GlobeNewsWire

VerticalScope Announces Normal Course Issuer Bid Renewal

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital pl...

8 months ago - Business Wire

Forian Inc. Announces Second Quarter 2023 Financial Results

Second quarter revenue grew 36% year-over-year NEWTOWN, PA, Aug. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (N asdaq : FORA), a provider of data science driven information and analyti...

8 months ago - GlobeNewsWire

VerticalScope Announces Second Quarter 2023 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital pl...

8 months ago - Business Wire

Forian Inc. to Announce Second Quarter 2023 Results on August 10, 2023

NEWTOWN, PA, July 26, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences...

8 months ago - GlobeNewsWire

VerticalScope to Announce Second Quarter 2023 Results

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Announce Second Quarter 2023 Results.

9 months ago - Business Wire

VerticalScope Announces Voting Results From Its Annual General Meeting of Shareholders

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA) announced today the voting results from its annual general meeting of sharehold...

10 months ago - Business Wire

Forian Inc. Announces First Quarter 2023 Financial Results

First quarter revenue grew 38% year over year NEWTOWN, PA, May 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (N asdaq : FORA), a provider of data science driven information and analytics...

11 months ago - GlobeNewsWire

VerticalScope Announces First Quarter 2023 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital pl...

11 months ago - Business Wire

Forian Inc. to Announce First Quarter 2023 Results on May 12, 2023

NEWTOWN, PA, May 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq:FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences i...

11 months ago - GlobeNewsWire

VerticalScope to Announce First Quarter 2023 Results

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Announce First Quarter 2023 Results.

1 year ago - Business Wire

Forian Inc. Announces Fourth Quarter and Full Year 2022 Financial Results

Fourth quarter revenue grew 37% year-over-year

1 year ago - GlobeNewsWire

Forian Inc. to Announce Fourth Quarter and Full Year 2022 Results on March 27, 2023

NEWTOWN, PA, March 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences...

1 year ago - GlobeNewsWire

VerticalScope Announces Fourth Quarter and Full Year 2022 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital pl...

1 year ago - Business Wire

Forian sells cannabis software unit BioTrack to venture capital-backed Alleaves

Forian Inc. FORA, -1.58% said it's selling its cannabis software unit Bio-Tech Medical Software Inc., which does business as BioTrack, for $30 million to buyer Alleaves Inc., a venture capital-backed ...

1 year ago - Market Watch

Forian Announces the Sale of BioTrack to Alleaves

NEWTOWN, PA and DEERFIELD BEACH, FL, Feb. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq: FORA), a provider of technology, analytics and data science driven solutions, today anno...

1 year ago - GlobeNewsWire

VerticalScope Announces Changes to the Board and Appointment of Rob Laidlaw as Chair

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Announces Changes to the Board and Appointment of Rob Laidlaw as Chair

1 year ago - Business Wire