FORA Q3 2022 Earnings — Forian Inc. Revenue & Financial Results | Market Cap Arena

FORAForian Inc.

$65M

Q3 2022 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$7M+44.6% YoY

Gross Profit

$5M74.4% margin

Operating Income

-$5M-69.0% margin

Net Income

-$5M-71.5% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$48M

Total Liabilities

$34M

Stockholders' Equity

$14M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$5M	+44.6%
Gross Profit	$5M	$4M	+47.3%
Operating Income	-$5M	-$7M	+32.6%
Net Income	-$5M	-$7M	+25.4%

Revenue Segments

Information and Software

$7M94%

Service

$341,1735%

Product and Service, Other

$54,4751%

Geographic Segments

Services Segment

$341,173100%