Forian Inc. logo

FORA

Forian Inc.

$4.31

Earnings Summary

Revenue
$6.39Mn
Net Profits
$-11.85Mn
Net Profit Margins
-185.47%

Highlights

Revenue:

Forian Inc.’s revenue jumped 294.38% since last year same period to $6.39Mn in the Q1 2022. On a quarterly growth basis, Forian Inc. has generated 11.16% jump in its revenue since last 3-months.

Net Profits:

Forian Inc.’s net profit fell -163.91% since last year same period to $-11.85Mn in the Q1 2022. On a quarterly growth basis, Forian Inc. has generated -47.28% fall in its net profits since last 3-months.

Net Profit Margins:

Forian Inc.’s net profit margin jumped 33.08% since last year same period to -185.47% in the Q1 2022. On a quarterly growth basis, Forian Inc. has generated -32.49% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Forian Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.23
EPS Estimate Current Year
-0.23

Highlights

EPS Estimate Current Quarter:

Forian Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.23 - a 11.54% jump from last quarter’s estimates.

EPS Estimate Current Year:

Forian Inc.’s earning per share (EPS) estimates for the current year stand at -0.23.

Key Ratios

Key ratios of the Forian Inc. post its Q1 2022 earnings

Earning Per Share (EPS)
-0.37
Return on Assets (ROA)
-0.38
Return on Equity (ROE)
-1.24
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Forian Inc.’s earning per share (EPS) fell -60.73% since last year same period to -0.37 in the Q1 2022. This indicates that the Forian Inc. has generated -60.73% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Forian Inc.’s return on assets (ROA) stands at -0.38.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Forian Inc.’s return on equity (ROE) stands at -1.24.

Dividend Per Share (DPS):

Forian Inc. declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-13
-0.26
-0.37
-42.31%

Company Information

Forian provides a unique suite of SaaS solutions, data management capabilities and proprietary data and analytics to optimize and measure operational, clinical and financial performance for customers within the traditional and emerging life sciences, healthcare payer and provider segments, as well as cannabis dispensaries, manufacturers, cultivators and regulators.

Organisation
Forian Inc.
Headquarters
41 University Drive, Newtown, PA, United States, 18940
Employees
133