Forian Financial Statements From 2010 to 2024

FORA Stock  USD 2.02  0.14  6.48%   
Forian financial statements provide useful quarterly and yearly information to potential Forian Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Forian financial statements helps investors assess Forian's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Forian's valuation are summarized below:
Gross Profit
21.1 M
Profit Margin
0.0965
Market Capitalization
67 M
Enterprise Value Revenue
2.1325
Revenue
20.4 M
We have found one hundred twenty available fundamental signals for Forian Inc, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Forian Inc prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. As of November 26, 2024, Market Cap is expected to decline to about 89.2 M. In addition to that, Enterprise Value is expected to decline to about 107.1 M

Forian Total Revenue

18.13 Million

Check Forian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forian's main balance sheet or income statement drivers, such as Depreciation And Amortization of 91.5 K, Interest Expense of 446.7 K or Gross Profit of 10.7 M, as well as many indicators such as Price To Sales Ratio of 4.35, Dividend Yield of 0.0 or PTB Ratio of 3.76. Forian financial statements analysis is a perfect complement when working with Forian Valuation or Volatility modules.
  
Check out the analysis of Forian Correlation against competitors.

Forian Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets38.4 M58.9 M14.3 M
Slightly volatile
Short and Long Term Debt Total20.9 M24.9 M8.2 M
Slightly volatile
Other Current Liabilities3.8 M4.2 M1.6 M
Slightly volatile
Total Current Liabilities5.2 M6.8 M2.2 M
Slightly volatile
Property Plant And Equipment Net82.4 K86.7 K390.2 K
Slightly volatile
Accounts Payable153.5 K161.6 K164.5 K
Slightly volatile
Cash6.3 MM2.3 M
Slightly volatile
Non Current Assets Total1.5 M1.6 M2.9 M
Slightly volatile
Cash And Short Term Investments24.7 M48.3 M9.2 M
Slightly volatile
Common Stock Total Equity15.9 K24.4 K12.1 K
Slightly volatile
Common Stock Shares Outstanding34.3 M32.2 M30.6 M
Slightly volatile
Short Term Investments44.4 M42.3 M8.6 M
Slightly volatile
Liabilities And Stockholders Equity38.4 M58.9 M14.3 M
Slightly volatile
Non Current Liabilities Total17 M25.9 M6.4 M
Slightly volatile
Other Current Assets5.5 M5.2 MM
Slightly volatile
Other Stockholder Equity48.7 M73.8 M18.6 M
Slightly volatile
Total Liabilities22 M32.7 M8.4 M
Slightly volatile
Property Plant And Equipment Gross169.5 K178.4 K402.1 K
Slightly volatile
Short and Long Term Debt11.2 K11.8 K127 K
Slightly volatile
Total Current Assets29.2 M57.3 M10.9 M
Slightly volatile
Capital Stock27.3 K30.9 K14.7 K
Slightly volatile
Short Term Debt20.3 K21.3 K161.8 K
Slightly volatile
Common Stock27.3 K30.9 K14.7 K
Slightly volatile
Property Plant Equipment3.9 M3.7 M883.7 K
Slightly volatile
Current Deferred Revenue1.8 M2.4 M669.3 K
Slightly volatile
Net Receivables3.1 M3.7 M1.1 M
Slightly volatile
Capital Surpluse14 M15.8 M17.2 M
Slightly volatile
Other Assets227.9 K229.8 K299.1 K
Slightly volatile
Long Term Debt27.2 M24.9 M24.6 M
Slightly volatile
Intangible Assets1.3 M1.4 M7.9 M
Slightly volatile
Non Current Liabilities Other556 K1000 K113.2 K
Slightly volatile

Forian Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization91.5 K96.3 K165.5 K
Slightly volatile
Other Operating Expenses27.4 M26.1 M10.9 M
Slightly volatile
Research Development1.3 M1.4 M2.3 M
Slightly volatile
Cost Of Revenue3.8 M5.5 M1.4 M
Slightly volatile
Total Operating Expenses23.7 M20.6 M9.5 M
Slightly volatile
Interest Income1.9 M1.8 M269.9 K
Slightly volatile
Selling General Administrative16.7 M13.6 M7.1 M
Slightly volatile
Selling And Marketing Expenses4.3 M4.9 M1.7 M
Slightly volatile
Total Revenue18.1 M20.5 MM
Slightly volatile
Reconciled Depreciation2.4 M3.2 M733.4 K
Slightly volatile
Non Operating Income Net Other2.9 K3.2 K3.5 K
Slightly volatile

Forian Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation6.1 M6.6 M2.3 M
Slightly volatile
Depreciation91.5 K96.3 K371.4 K
Slightly volatile
Capital Expenditures71.7 K75.5 K224.7 K
Slightly volatile
End Period Cash Flow6.3 MM2.3 M
Slightly volatile
Change To Netincome16.5 M15.7 M3.7 M
Slightly volatile
Change To Liabilities1.9 M1.8 M431.4 K
Slightly volatile
Begin Period Cash Flow2.7 M2.8 M1.7 M
Slightly volatile
Cash And Cash Equivalents Changes532 K598.5 K651.7 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.354.5822921
Slightly volatile
Days Sales Outstanding92.5865.9318127
Slightly volatile
Average Payables311.2 K274.7 K310.7 K
Slightly volatile
Stock Based Compensation To Revenue0.270.3210.1426
Slightly volatile
Capex To Depreciation0.740.78371.8839
Pretty Stable
EV To Sales5.235.502920
Slightly volatile
Payables Turnover35.5933.89466.4545
Slightly volatile
Sales General And Administrative To Revenue0.630.66564.2396
Slightly volatile
Research And Ddevelopement To Revenue0.06530.06873.4515
Slightly volatile
Capex To Revenue0.00350.00370.0796
Slightly volatile
Cash Per Share1.581.50920.3448
Slightly volatile
Days Payables Outstanding10.2310.76872.2 K
Slightly volatile
Income Quality0.670.42040.7295
Slightly volatile
Intangibles To Total Assets0.02240.02360.2814
Slightly volatile
Current Ratio4.328.37562.3163
Slightly volatile
Receivables Turnover3.985.5363.2431
Slightly volatile
Graham Number1.662.52520.8569
Slightly volatile
Capex Per Share0.00220.00240.007
Slightly volatile
Average Receivables3.5 M3.4 MM
Slightly volatile
Revenue Per Share0.420.63940.1777
Slightly volatile
Interest Debt Per Share0.470.80280.2439
Slightly volatile
Debt To Assets0.660.42250.8499
Slightly volatile
Days Of Payables Outstanding10.2310.76872.2 K
Slightly volatile
Long Term Debt To Capitalization0.610.48720.5097
Slightly volatile
Quick Ratio4.38.37562.3075
Slightly volatile
Net Income Per E B T6.416.10541.7006
Slightly volatile
Cash Ratio0.730.88370.3523
Slightly volatile
Days Of Sales Outstanding92.5865.9318127
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.140.89641.0229
Slightly volatile
Fixed Asset Turnover24823641.9377
Slightly volatile
Debt Ratio0.660.42250.8499
Slightly volatile
Price Sales Ratio4.354.5822921
Slightly volatile
Asset Turnover0.260.34780.1325
Slightly volatile
Gross Profit Margin0.860.73260.8863
Slightly volatile

Forian Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap89.2 M93.9 M538 M
Slightly volatile
Enterprise Value107.1 M112.7 M542.4 M
Slightly volatile

Forian Fundamental Market Drivers

Forward Price Earnings27.027
Cash And Short Term Investments48.3 M

Forian Upcoming Events

25th of March 2024
Upcoming Quarterly Report
View
10th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
25th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Forian Financial Statements

Forian stakeholders use historical fundamental indicators, such as Forian's revenue or net income, to determine how well the company is positioned to perform in the future. Although Forian investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forian's assets and liabilities are reflected in the revenues and expenses on Forian's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Forian Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue2.4 M1.8 M
Cost Of Revenue5.5 M3.8 M
Total Revenue20.5 M18.1 M
Stock Based Compensation To Revenue 0.32  0.27 
Sales General And Administrative To Revenue 0.67  0.63 
Research And Ddevelopement To Revenue 0.07  0.07 
Revenue Per Share 0.64  0.42 
Ebit Per Revenue(0.27)(0.29)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Forian Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Forian's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Forian Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Forian Inc Stock:
Check out the analysis of Forian Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forian. If investors know Forian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
0.649
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.06)
Return On Equity
0.0563
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forian's market value can be influenced by many factors that don't directly affect Forian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.