FORA Q2 2022 Earnings — Forian Inc. Revenue & Financial Results | Market Cap Arena

FORAForian Inc.

$65M

Q2 2022 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$7M+43.7% YoY

Gross Profit

$5M73.3% margin

Operating Income

-$6M-85.6% margin

Net Income

-$5M-83.2% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+84.9%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$51M

Total Liabilities

$33M

Stockholders' Equity

$17M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$5M	+43.7%
Gross Profit	$5M	$3M	+44.4%
Operating Income	-$6M	-$7M	+19.9%
Net Income	-$5M	-$7M	+23.8%

Revenue Segments

Information and Software

$6M93%

Service

$398,1556%

Product and Service, Other

$51,6641%

Geographic Segments

Services Segment

$398,155100%