FORA Q1 2022 Earnings — Forian Inc. Revenue & Financial Results | Market Cap Arena

FORAForian Inc.

$65M

Q1 2022 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$4M+118.1% YoY

Gross Profit

$2M64.8% margin

Operating Income

-$10M-292.1% margin

Net Income

-$12M-335.3% margin

EPS (Diluted)

$-0.37

QoQ Revenue Growth

-38.5%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$54M

Total Liabilities

$33M

Stockholders' Equity

$21M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$2M	+118.1%
Gross Profit	$2M	$1M	+97.1%
Operating Income	-$10M	-$5M	-101.8%
Net Income	-$12M	-$5M	-162.5%

Revenue Segments

Information and Software

$6M91%

Service

$428,7067%

Product and Service, Other

$153,4792%

Geographic Segments

Services Segment

$428,706100%