Forian Inc.
General ticker "FORA" information:
- Sector: Health Care
- Industry: Health Care Technology
- Capitalization: $65.6M (TTM average)
Forian Inc. follows the US Stock Market performance with the rate: 20.2%.
Estimated limits based on current volatility of 2.2%: low 2.09$, high 2.19$
Factors to consider:
- Total employees count: 37 (-64.4%) as of 2023
- Top business risk factors: Limited operating history, Insufficient funding, Data dependency, Product development delays, Cybersecurity threats
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [1.06$, 2.62$]
- 2025-12-31 to 2026-12-31 estimated range: [0.75$, 1.94$]
Financial Metrics affecting the FORA estimates:
- Positive: with PPE of 10000.0 at the end of fiscal year the price was very low
- Negative: negative Operating income
- Negative: negative Industry operating cash flow (median)
- Positive: Shareholder equity ratio, % of 63.71 > 63.39
- Negative: negative Net income
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: Investing cash flow per share per price, % of 27.06 > -0.66
Short-term FORA quotes
Long-term FORA plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $16.42MM | $20.48MM | $20.15MM |
| Operating Expenses | $35.37MM | $26.08MM | $27.14MM |
| Operating Income | $-18.95MM | $-5.60MM | $-6.99MM |
| Non-Operating Income | $-0.22MM | $7.41MM | $3.28MM |
| Interest Expense | $0.85MM | $0.83MM | $0.71MM |
| R&D Expense | $4.01MM | $1.41MM | $1.44MM |
| Income(Loss) | $-19.17MM | $1.82MM | $-3.70MM |
| Taxes | $0.02MM | $0.09MM | $0.07MM |
| Other Income(Loss) | $-6.78MM | $9.37MM | $0.00MM |
| Profit(Loss)* | $-25.97MM | $20.48MM | $-3.77MM |
| Stockholders Equity | $12.42MM | $26.18MM | $30.05MM |
| Assets | $46.26MM | $58.89MM | $47.17MM |
| Operating Cash Flow | $-8.58MM | $0.73MM | $0.28MM |
| Capital expenditure | $0.05MM | $0.08MM | $0.00MM |
| Investing Cash Flow | $-6.46MM | $7.12MM | $17.29MM |
| Financing Cash Flow | $-0.10MM | $-4.60MM | $-19.02MM |
| Earnings Per Share** | $-0.81 | $0.64 | $-0.12 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.