FORA Q1 2023 Earnings — Forian Inc. Revenue & Financial Results | Market Cap Arena

FORAForian Inc.

$65M

Q1 2023 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$5M+37.8% YoY

Gross Profit

$4M74.3% margin

Operating Income

-$2M-49.0% margin

Net Income

$6M133.4% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

-38.4%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$56M

Total Liabilities

$35M

Stockholders' Equity

$20M

Cash & Equivalents

$839,715

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$4M	+37.8%
Gross Profit	$4M	$2M	+57.9%
Operating Income	-$2M	-$10M	+76.9%
Net Income	$6M	-$12M	+154.8%