FORA FY 2023 Earnings — Forian Inc. Revenue & Financial Results | Market Cap Arena

FORAForian Inc.

$65M

FY 2023 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$20M+24.7% YoY

Gross Profit

$15M73.3% margin

Operating Income

-$6M-27.3% margin

Net Income

$11M54.2% margin

EPS (Diluted)

$0.36

Cash Flow

Operating Cash Flow

$728,818

Free Cash Flow

$653,325

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$61M

Total Liabilities

$33M

Stockholders' Equity

$28M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$16M	+24.7%
Gross Profit	$15M	$11M	+32.0%
Operating Income	-$6M	-$19M	+70.5%
Net Income	$11M	-$26M	+142.8%