Forian Financials

FORA Stock  USD 2.15  0.03  1.42%   
Based on the analysis of Forian's profitability, liquidity, and operating efficiency, Forian Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Forian's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 6.1 M, whereas Total Assets are forecasted to decline to about 40.7 M. Key indicators impacting Forian's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.952.6776
Way Up
Slightly volatile
The financial analysis of Forian is a critical element in measuring its lifeblood. Investors should not minimize Forian's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(3.96 Million)

  
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Understanding current and past Forian Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Forian's financial statements are interrelated, with each one affecting the others. For example, an increase in Forian's assets may result in an increase in income on the income statement.
Please note, the presentation of Forian's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forian's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Forian's management manipulating its earnings.

Forian Stock Summary

Forian competes with HealthStream, National Research, HealthEquity, Health Catalyst, and Definitive Healthcare. Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. In addition, the company offers security monitoring and web marketing services. Forian operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 138 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS34630N1063
CUSIP34630N106
LocationPennsylvania; U.S.A
Business Address41 University Drive,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websiteforian.com
Phone267 225 6263
CurrencyUSD - US Dollar

Forian Key Financial Ratios

Forian Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets12.6M56.8M46.3M58.9M47.2M40.7M
Other Current Liab480.7K4.4M8.0M4.4M4.4M4.0M
Net Debt(665.5K)6.5M22.4M18.8M2.1M2.0M
Retained Earnings(6.3M)(32.8M)(58.8M)(47.7M)(49.9M)(52.4M)
Accounts Payable647.6K1.1M316.1K161.6K982.7K593.9K
Cash665.5K18.7M3.3M6.0M4.6M6.1M
Other Current Assets121.0K1.9M2.7M5.2M2.8M2.3M
Total Liab1.3M31.7M33.8M32.7M17.1M21.5M
Net Invested Capital11.3M49.4M37.5M51.0M36.8M34.1M
Total Current Assets12.5M36.0M26.9M57.3M44.5M32.5M
Capital Stock21.2K31.8K32.3K30.9K31.0K28.4K
Net Working Capital11.2M29.2M18.6M50.4M27.9M25.1M
Common Stock21.2K31.8K32.3K30.9K31.0K28.4K

Forian Key Income Statement Accounts

202020212022202320242025 (projected)
Gross Profit506.6K12.2M21.1M15.0M12.8M11.3M
Operating Income(5.0M)(26.4M)(20.5M)(5.6M)(7.0M)(7.3M)
Ebit(5.0M)(26.2M)(18.3M)2.7M(3.0M)(3.1M)
Research Development2.5M9.0M12.3M1.4M1.4M1.4M
Ebitda(5.0M)(24.0M)(18.3M)2.8M(2.9M)(3.1M)
Cost Of Revenue38.3K4.7M6.9M5.5M7.3M4.5M
Income Before Tax(5.0M)(26.5M)(25.9M)1.8M(3.7M)(3.9M)
Net Income(5.0M)(26.6M)(26.0M)11.1M(3.8M)(4.0M)
Income Tax Expense(3.6K)22.5K24.0K85.7K66.6K35.8K

Forian Key Cash Accounts

202020212022202320242025 (projected)
Investments(11.3M)(893.1K)(6.5M)3.9M17.3M18.2M
Change In Cash665.0K18.0M(15.9M)3.2M(1.5M)(1.4M)
Free Cash Flow(4.3M)(18.7M)(8.6M)653.3K282.8K297.0K
Depreciation8.6K2.2M67.2K96.3K85.4K81.1K
Other Non Cash Items(3.6K)671.8K(2.3M)(7.4M)(3.0M)(3.1M)
Capital Expenditures51.5K1.4M47.7K75.5K3.02.85
Net Income(5.0M)(26.6M)(26.0M)1.7M(3.8M)(4.0M)
End Period Cash Flow665.5K18.7M2.8M6.0M4.6M6.0M

Forian Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Forian's current stock value. Our valuation model uses many indicators to compare Forian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Forian competition to find correlations between indicators driving Forian's intrinsic value. More Info.
Forian Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Forian's Return On Equity is projected to drop slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Forian's earnings, one of the primary drivers of an investment's value.

Forian Inc Systematic Risk

Forian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Forian volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was nine with a total number of output elements of fifty-two. The Beta measures systematic risk based on how returns on Forian Inc correlated with the market. If Beta is less than 0 Forian generally moves in the opposite direction as compared to the market. If Forian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Forian Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Forian is generally in the same direction as the market. If Beta > 1 Forian moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Forian Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Forian's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Forian growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.08

At present, Forian's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Forian June 20, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Forian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Forian Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Forian Inc based on widely used predictive technical indicators. In general, we focus on analyzing Forian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Forian's daily price indicators and compare them against related drivers.

Complementary Tools for Forian Stock analysis

When running Forian's price analysis, check to measure Forian's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
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