Forian Stock (NASDAQ:FORA)


RevenueOwnershipFinancialsChartTranscripts

Previous Close

$2.17

52W Range

$1.64 - $2.71

50D Avg

$2.12

200D Avg

$2.12

Market Cap

$67.79M

Avg Vol (3M)

$29.52K

Beta

0.93

Div Yield

-

FORA Company Profile


Forian Inc. delivers advanced software solutions, proprietary data insights, and sophisticated predictive analytics. These offerings are designed to enhance the operational efficiency, clinical effectiveness, and financial stability of its diverse clientele, which spans the healthcare, cannabis, and government sectors. The company structures its operations into three primary segments: Information & Software, Services, and Other. Among its key product lines, Forian provides several critical tools for the cannabis industry. BioTrack is a comprehensive, vertically integrated software system that supports dispensaries, cultivators, manufacturers, and distributors with point-of-sale, production, and delivery management. Complementing this is Cannalytics, a Software as a Service (SaaS) analytics platform that offers clients a clear overview of their business performance. Furthermore, Forian offers robust compliance solutions like the BioTrack seed-to-sale platform, which facilitates the tracking and tracing of cannabis products from cultivation through to final sale. Its BioTrack State Traceability & Enforcement Monitoring System (STEMS) is specifically tailored for regulatory agencies, providing a module for cannabis program management and ensuring transparency and accountability across the supply chain. Beyond its core software and data offerings, Forian also extends its services to include security monitoring and web marketing. The company is based in Newtown, Pennsylvania.

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Industry

Medical - Healthcare Information Services

Sector

Healthcare

Exchange

NASDAQ

ADR

-

Country

US

Employees

47

IPO Date

Mar 03, 2021

Website

FORA Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 22Dec 21
Service$1.55M$1.12M
Information and Software$26.19M$14.95M
Product and Service, Other$274.26K$804.94K

Fiscal year ends in Dec 25 | Currency in USD

FORA Financial Summary


Dec 25Dec 24Dec 23
Revenue$30.26M$20.15M$20.48M
Operating Income$-2.47M$-6.99M$-5.60M
Net Income$-2.87M$-3.77M$11.11M
EBITDA$-2.24M$-2.91M$2.75M
Basic EPS$-0.09$-0.12$0.36
Diluted EPS$-0.09$-0.12$0.36

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q2 25Aug 13, 25 | 4:30 PM
Q1 25May 14, 25 | 4:30 PM
Q3 24Nov 13, 24 | 4:30 PM

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