FORA
Forian Inc
NASDAQ: FORA · HEALTHCARE · HEALTH INFORMATION SERVICES
$2.16
+0.23% today
Updated 2026-04-30
Market cap
$67.33M
P/E ratio
—
P/S ratio
2.23x
EPS (TTM)
$-0.09
Dividend yield
—
52W range
$2 – $3
Volume
0.0M
Forian Inc (FORA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $544871.00 | $16.88M | $16.42M | $20.48M | $20.15M | $30.26M |
| Revenue growth (YoY) | — | — | +2997.9% | -2.7% | +24.7% | -1.6% | +50.1% |
| Cost of revenue | $854.00 | $38293.00 | $4.72M | $5.05M | $5.48M | $7.33M | $14.36M |
| Gross profit | $-854.00 | $506578.00 | $12.16M | $11.37M | $15.00M | $12.82M | $15.89M |
| Gross margin | — | 93.0% | 72.1% | 69.2% | 73.3% | 63.6% | 52.5% |
| R&D | $827474.00 | $2.51M | $8.98M | $4.01M | $1.41M | $1.44M | $2.92M |
| SG&A | — | $1.53M | $23.46M | $16.88M | $13.63M | $12.54M | $9.41M |
| Operating income | $-1.29M | $-4.98M | $-27.62M | $-18.95M | $-5.60M | $-6.99M | $-2.47M |
| Operating margin | — | -914.7% | -163.6% | -115.4% | -27.3% | -34.7% | -8.2% |
| EBITDA | $-1.29M | $-4.97M | $-24.00M | $-18.25M | $2.75M | $-2.91M | $-2.24M |
| EBITDA margin | — | -912.4% | -142.2% | -111.2% | 13.4% | -14.4% | -7.4% |
| EBIT | $-1.29M | $-4.98M | $-26.21M | $-18.32M | $2.65M | $-3.00M | $-2.47M |
| Interest expense | $0.00 | $0.00 | $322379.00 | $846100.00 | $834785.00 | $708933.00 | $142351.00 |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1.29M | $-4.98M | $-26.55M | $-25.97M | $11.11M | $-3.77M | $-2.87M |
| Net income growth (YoY) | — | -286.4% | -433.1% | +2.2% | +142.8% | -134.0% | +23.8% |
| Profit margin | — | -914.0% | -157.3% | -158.2% | 54.2% | -18.7% | -9.5% |