Name: Forian Inc. (FORA) Financial Statements
Creator: FinSpry

Forian Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Forian Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	20.15	21.22	16.42	16.88	0.54
Cost of Revenue	7.33	5.48	5.05	4.72	0.04
Gross Profit	12.82	15.74	11.37	12.16	0.51
Operating Expenses
Research & Development	1.44	1.41	4.01	8.98	2.51
Selling, General & Administrative	16.87	17.56	20.83	27.61	2.11
Operating Expenses	18.38	19.04	24.90	38.57	4.63
Operating Income	-5.56	-3.30	-13.54	-26.41	-4.12
Other Income/Expense
Interest Income	2.42	2.33	0.27	0.01	0.00
Interest Expense	0.71	0.83	-0.85	0.32	0.00
Other Income/Expense	0.14	4.29	0.36	0.19	0.00
Income
Income Before Tax	-3.70	2.48	-19.17	-26.53	-4.98
Income Tax Expense	0.07	0.09	0.02	0.02	0.00
Net Income	-3.77	11.77	-25.97	-26.55	-4.98
Net Income - Continuous Operations	-3.77	2.40	-19.19	-26.55	0.00
Net Income - Discontinued Operations	0.00	9.37	-6.78	0.00	0.00
EBITDA	-2.91	3.41	-13.47	-24.00	-4.11
EBIT	-3.00	3.32	-13.54	-26.21	-4.12
Depreciation & Amortization	0.06	0.07	0.07	1.99	0.01
Earnings Per Share
Basic EPS	-	-	-1.00	-1.00	-
Diluted EPS	-	-	-1.00	-1.00	-
Basic Shares Outstanding	31.07	32.03	32.03	29.53	13.19
Diluted Shares Outstanding	31.07	32.23	32.03	29.53	13.19