Earnings Summary

Forian Inc’s revenue fell -32.07% since last year same period to $5.37Mn in the Q4 2023. On a quarterly growth basis, Forian Inc has generated 0.38% jump in its revenue since last 3-months.

Forian Inc’s net profit jumped 139.05% since last year same period to $1.39Mn in the Q4 2023. On a quarterly growth basis, Forian Inc has generated -68.01% fall in its net profits since last 3-months.

Forian Inc’s net profit margin jumped 157.49% since last year same period to 25.87% in the Q4 2023. On a quarterly growth basis, Forian Inc has generated -68.13% fall in its net profit margins since last 3-months.

Forian Inc’s price-to-earnings ratio after this Q4 2023 earnings stands at 55.4.

Forian Inc’s earning per share (EPS) estimates for the current quarter stand at -0.02 - a 33.33% jump from last quarter’s estimates.

Forian Inc’s earning per share (EPS) estimates for the current year stand at -0.02.

Forian Inc’s earning per share (EPS) jumped 136.36% since last year same period to 0.04 in the Q4 2023. This indicates that the Forian Inc has generated 136.36% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 -0.06.

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 0.09.