Forian Inc
General ticker "FORA" information:
- Sector: Health Care
- Industry: Health Care Technology
- Capitalization: $63.9M
Forian Inc does not follow the US Stock Market performance with the rate: -35.7%.
Estimated limits based on current volatility of 1.9%: low 2.00$, high 2.08$
Factors to consider:
- Price in estimated range
- Earnings for 6 months up through Q2 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [1.94$, 4.71$]
- 2024-12-30 to 2025-12-30 estimated range: [2.37$, 5.47$]
Financial Metrics affecting the FORA estimates:
- Negative: Non-GAAP EPS, $ of -0.04 <= 0.10
- Negative: Operating profit margin, % of -21.46 <= 1.03
- Negative: Operating cash flow per share per price, % of 0.90 <= 2.35
- Positive: Interest expense per share, $ of 0.03 <= 0.14
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 2.86
- Positive: Industry inventory ratio change (median), % of -2.71 <= -0.39
- Negative: Industry operating cash flow per share per price (median), % of -3.83 <= 3.85
Short-term FORA quotes
Long-term FORA plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $16.88MM | $28.04MM | $20.48MM |
| Operating Expenses | $44.50MM | $54.13MM | $26.08MM |
| Operating Income | $-27.62MM | $-26.09MM | $-5.60MM |
| Non-Operating Income | $1.09MM | $0.14MM | $7.41MM |
| Interest Expense | $0.32MM | $0.87MM | $0.83MM |
| R&D Expense | $8.98MM | $12.35MM | $1.41MM |
| Income(Loss) | $-26.53MM | $-25.95MM | $1.82MM |
| Taxes | $0.02MM | $0.02MM | $0.09MM |
| Profit(Loss) | $-26.55MM | $-25.97MM | $1.73MM |
| Stockholders Equity | $25.17MM | $12.42MM | $26.18MM |
| Inventory | $1.02MM | $0.97MM | $0.00MM |
| Assets | $56.84MM | $46.26MM | $58.89MM |
| Operating Cash Flow | $-17.26MM | $-8.78MM | $0.73MM |
| Capital expenditure | $1.44MM | $1.71MM | $0.08MM |
| Investing Cash Flow | $-1.03MM | $-6.46MM | $7.12MM |
| Financing Cash Flow | $36.28MM | $-0.10MM | $-4.60MM |
| Earnings Per Share* | $-0.84 | $-0.81 | $0.35 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.