FORA Q2 2023 Earnings — Forian Inc. Revenue & Financial Results | Market Cap Arena

FORAForian Inc.

$65M

Q2 2023 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$5M-25.1% YoY

Gross Profit

$4M73.9% margin

Operating Income

-$1M-30.4% margin

Net Income

-$1M-22.9% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

-$248,798

Free Cash Flow

-$248,798

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$55M

Total Liabilities

$35M

Stockholders' Equity

$21M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$7M	-25.1%
Gross Profit	$4M	$5M	-24.5%
Operating Income	-$1M	-$6M	+73.4%
Net Income	-$1M	-$5M	+79.3%