Forian Inc. (FORA)
May 15, 2026 - FORA was delisted (reason: taken private)
2.170
0.00 (0.00%)
Inactive · Last trade price on May 14, 2026

Forian Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
30.0530.2620.1521.2216.4216.88
Revenue Growth
34.57%50.13%-5.01%29.23%-2.73%2997.93%
Gross Profit
14.1816.112.8215.7411.3712.16
Operating Income
-5.86-3.76-6.99-4.93-18.95-27.62
Net Income
-5.11-2.87-3.7711.77-25.97-26.55
Earnings Per Share
-0.16-0.09-0.120.07-0.81-0.90
EPS Growth
------

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
30.9531.5535.0848.3420.1931.06
Total Debt
0.010.016.7224.8825.1325.13
Net Cash (Debt)
30.9531.5428.3623.46-4.945.93
Net Cash Growth
7.11%11.20%20.90%---51.26%
Net Cash Per Share
0.991.010.910.73-0.150.20

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1.892.890.280.73-8.58-17.25
Capital Expenditures
----0.08-0.05-1.44
Free Cash Flow
1.892.890.280.65-8.63-18.69
Free Cash Flow Growth
-35.68%920.58%-56.71%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
47.19%53.21%63.61%74.19%69.24%72.05%
Operating Margin
-19.49%-12.44%-34.67%-23.25%-115.44%-163.61%
Pretax Margin
-16.17%-8.75%-18.38%11.69%-116.75%-157.16%
Profit Margin
-17.00%-9.50%-18.71%11.29%-116.89%-157.30%
FCF Margin
6.29%9.54%1.40%3.08%-52.56%-110.74%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
---41.86--
P/FCF Ratio
35.8622.82225.87138.67--
PS Ratio
2.262.183.174.275.3616.98