Forian Inc. (FORA)

Forian Statistics

Total Valuation

Forian has a market cap or net worth of $67.24 million. The enterprise value is $35.39 million.

Market Cap	67.24M
Enterprise Value	35.39M

Important Dates

The next estimated earnings date is Friday, June 13, 2025, after market close.

Earnings Date	Jun 13, 2025
Ex-Dividend Date	n/a

Share Statistics

Forian has 31.20 million shares outstanding. The number of shares has decreased by -2.52% in one year.

Current Share Class	31.20M
Shares Outstanding	31.20M
Shares Change (YoY)	-2.52%
Shares Change (QoQ)	+0.11%
Owned by Insiders (%)	58.65%
Owned by Institutions (%)	13.35%
Float	7.69M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	2.87
Forward PS	3.70
PB Ratio	2.14
P/TBV Ratio	2.22
P/FCF Ratio	21.87
P/OCF Ratio	21.87
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.58
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	12.04

Financial Position

The company has a current ratio of 2.50, with a Debt / Equity ratio of 0.23.

Current Ratio	2.50
Quick Ratio	2.36
Debt / Equity	0.23
Debt / EBITDA	n/a
Debt / FCF	2.31
Interest Coverage	-10.93

Financial Efficiency

Return on equity (ROE) is -13.02% and return on invested capital (ROIC) is -8.80%.

Return on Equity (ROE)	-13.02%
Return on Assets (ROA)	-7.24%
Return on Invested Capital (ROIC)	-8.80%
Return on Capital Employed (ROCE)	-20.46%
Revenue Per Employee	$465,250
Profits Per Employee	-$76,757
Employee Count	48
Asset Turnover	0.42
Inventory Turnover	n/a

Taxes

Income Tax	-28,590
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -20.46% in the last 52 weeks. The beta is 1.03, so Forian's price volatility has been similar to the market average.

Beta (5Y)	1.03
52-Week Price Change	-20.46%
50-Day Moving Average	2.01
200-Day Moving Average	2.15
Relative Strength Index (RSI)	50.21
Average Volume (20 Days)	6,811

Short Selling Information

The latest short interest is 89,027, so 0.29% of the outstanding shares have been sold short.

Short Interest	89,027
Short Previous Month	86,390
Short % of Shares Out	0.29%
Short % of Float	1.16%
Short Ratio (days to cover)	9.49

Income Statement

In the last 12 months, Forian had revenue of $22.33 million and -$3.68 million in losses. Loss per share was -$0.12.

Revenue	22.33M
Gross Profit	13.57M
Operating Income	-6.15M
Pretax Income	3.55M
Net Income	-3.68M
EBITDA	-6.04M
EBIT	-6.15M
Loss Per Share	-$0.12

Balance Sheet

The company has $35.67 million in cash and $6.78 million in debt, giving a net cash position of $28.89 million or $0.93 per share.

Cash & Cash Equivalents	35.67M
Total Debt	6.78M
Net Cash	28.89M
Net Cash Per Share	$0.93
Equity (Book Value)	30.05M
Book Value Per Share	0.96
Working Capital	27.83M

Cash Flow

Operating Cash Flow	2.94M
Capital Expenditures	n/a
Free Cash Flow	2.94M
FCF Per Share	$0.09

Margins

Gross margin is 60.76%, with operating and profit margins of -27.53% and -16.50%.

Gross Margin	60.76%
Operating Margin	-27.53%
Pretax Margin	-16.63%
Profit Margin	-16.50%
EBITDA Margin	-27.06%
EBIT Margin	-27.53%
FCF Margin	13.16%

Dividends & Yields

Forian does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	2.52%
Shareholder Yield	2.52%
Earnings Yield	-5.73%
FCF Yield	4.57%

Analyst Forecast

The average price target for Forian is $5.00, which is 132.02% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$5.00
Price Target Difference	132.02%
Analyst Consensus	Strong Buy
Analyst Count	1
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Forian has an Altman Z-Score of 1.63 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.63
Piotroski F-Score	3