Forian Statistics

Total Valuation

Forian has a market cap or net worth of $65.75 million. The enterprise value is $40.81 million.

Market Cap	65.75M
Enterprise Value	40.81M

Important Dates

The last earnings date was Wednesday, November 13, 2024, after market close.

Earnings Date	Nov 13, 2024
Ex-Dividend Date	n/a

Share Statistics

Forian has 31.02 million shares outstanding. The number of shares has decreased by -4.30% in one year.

Current Share Class	31.02M
Shares Outstanding	31.02M
Shares Change (YoY)	-4.30%
Shares Change (QoQ)	-0.00%
Owned by Insiders (%)	43.84%
Owned by Institutions (%)	13.71%
Float	15.59M

Valuation Ratios

PE Ratio	n/a
Forward PE	26.38
PS Ratio	3.34
Forward PS	2.95
PB Ratio	2.45
P/TBV Ratio	2.44
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	2.07
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.85, with a Debt / Equity ratio of 0.91.

Current Ratio	1.85
Quick Ratio	1.79
Debt / Equity	0.91
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-7.64

Financial Efficiency

Return on equity (ROE) is -16.25% and return on invested capital (ROIC) is -7.37%.

Return on Equity (ROE)	-16.25%
Return on Assets (ROA)	-6.50%
Return on Capital (ROIC)	-7.37%
Revenue Per Employee	$532,695
Profits Per Employee	-$69,779
Employee Count	37
Asset Turnover	0.34
Inventory Turnover	n/a

Taxes

Income Tax	-58,682
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -13.11% in the last 52 weeks. The beta is 1.07, so Forian's price volatility has been similar to the market average.

Beta (5Y)	1.07
52-Week Price Change	-13.11%
50-Day Moving Average	2.06
200-Day Moving Average	2.48
Relative Strength Index (RSI)	56.69
Average Volume (20 Days)	12,806

Short Selling Information

The latest short interest is 132,412, so 0.43% of the outstanding shares have been sold short.

Short Interest	132,412
Short Previous Month	149,216
Short % of Shares Out	0.43%
Short % of Float	0.85%
Short Ratio (days to cover)	11.61

Income Statement

In the last 12 months, Forian had revenue of $19.71 million and -$2.58 million in losses. Loss per share was -$0.09.

Revenue	19.71M
Gross Profit	13.21M
Operating Income	-6.05M
Pretax Income	3.55M
Net Income	-2.58M
EBITDA	-6.02M
EBIT	-6.05M
Loss Per Share	-$0.09

Full Income Statement

Balance Sheet

The company has $49.36 million in cash and $24.41 million in debt, giving a net cash position of $24.95 million or $0.80 per share.

Cash & Cash Equivalents	49.36M
Total Debt	24.41M
Net Cash	24.95M
Net Cash Per Share	$0.80
Equity (Book Value)	26.89M
Book Value Per Share	0.86
Working Capital	25.73M

Full Balance Sheet

Cash Flow

Operating Cash Flow	-2.07M
Capital Expenditures	n/a
Free Cash Flow	-2.07M
FCF Per Share	-$0.07

Full Cash Flow Statement

Margins

Gross margin is 67.03%, with operating and profit margins of -30.69% and -13.10%.

Gross Margin	67.03%
Operating Margin	-30.69%
Pretax Margin	-22.38%
Profit Margin	-13.10%
EBITDA Margin	-30.52%
EBIT Margin	-30.69%
FCF Margin	n/a

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	4.30%
Shareholder Yield	4.30%
Earnings Yield	-3.93%
FCF Yield	-3.14%

Analyst Forecast

The average price target for Forian is $5.00, which is 135.85% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$5.00
Price Target Difference	135.85%
Analyst Consensus	Strong Buy
Analyst Count	1
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

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 0.87 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.87
Piotroski F-Score	1