Forian Inc. (FORA)

Forian Statistics

Total Valuation

Forian has a market cap or net worth of $66.65 million. The enterprise value is $38.44 million.

Market Cap	66.65M
Enterprise Value	38.44M

Important Dates

The last earnings date was Friday, November 14, 2025, after market close.

Earnings Date	Nov 14, 2025
Ex-Dividend Date	n/a

Share Statistics

Forian has 31.07 million shares outstanding. The number of shares has increased by 0.30% in one year.

Current Share Class	31.07M
Shares Outstanding	31.07M
Shares Change (YoY)	+0.30%
Shares Change (QoQ)	-0.67%
Owned by Insiders (%)	62.79%
Owned by Institutions (%)	17.71%
Float	9.05M

Valuation Ratios

PE Ratio	n/a
Forward PE	29.79
PS Ratio	2.38
Forward PS	2.10
PB Ratio	2.14
P/TBV Ratio	2.22
P/FCF Ratio	47.14
P/OCF Ratio	47.14
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.37
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	27.19

Financial Position

The company has a current ratio of 3.87, with a Debt / Equity ratio of 0.00.

Current Ratio	3.87
Quick Ratio	3.62
Debt / Equity	0.00
Debt / EBITDA	n/a
Debt / FCF	0.01
Interest Coverage	-14.22

Financial Efficiency

Return on equity (ROE) is -2.94% and return on invested capital (ROIC) is -5.69%.

Return on Equity (ROE)	-2.94%
Return on Assets (ROA)	-4.75%
Return on Invested Capital (ROIC)	-5.69%
Return on Capital Employed (ROCE)	-12.06%
Revenue Per Employee	$585,561
Profits Per Employee	-$17,762
Employee Count	48
Asset Turnover	0.57
Inventory Turnover	n/a

Taxes

In the past 12 months, Forian has paid $156,000 in taxes.

Income Tax	156,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +6.72% 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	+6.72%
50-Day Moving Average	2.21
200-Day Moving Average	2.08
Relative Strength Index (RSI)	47.13
Average Volume (20 Days)	35,998

Short Selling Information

The latest short interest is 153,673, so 0.49% of the outstanding shares have been sold short.

Short Interest	153,673
Short Previous Month	175,903
Short % of Shares Out	0.49%
Short % of Float	1.70%
Short Ratio (days to cover)	2.95

Income Statement

In the last 12 months, Forian had revenue of $28.11 million and -$852,578 in losses. Loss per share was -$0.03.

Revenue	28.11M
Gross Profit	15.57M
Operating Income	-3.75M
Pretax Income	-696,578
Net Income	-852,578
EBITDA	-3.55M
EBIT	-3.75M
Loss Per Share	-$0.03

Balance Sheet

The company has $28.23 million in cash and $18,097 in debt, giving a net cash position of $28.21 million or $0.91 per share.

Cash & Cash Equivalents	28.23M
Total Debt	18,097
Net Cash	28.21M
Net Cash Per Share	$0.91
Equity (Book Value)	31.08M
Book Value Per Share	1.00
Working Capital	29.19M

Cash Flow

Operating Cash Flow	1.41M
Capital Expenditures	n/a
Free Cash Flow	1.41M
FCF Per Share	$0.05

Margins

Gross margin is 55.40%, with operating and profit margins of -13.34% and -3.03%.

Gross Margin	55.40%
Operating Margin	-13.34%
Pretax Margin	-2.48%
Profit Margin	-3.03%
EBITDA Margin	-12.64%
EBIT Margin	-13.34%
FCF Margin	5.03%

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	-0.30%
Shareholder Yield	-0.30%
Earnings Yield	-1.28%
FCF Yield	2.12%

Analyst Forecast

Price Target	n/a
Price Target Difference	n/a
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	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 3.33 and a Piotroski F-Score of 4.

Altman Z-Score	3.33
Piotroski F-Score	4