FORA Q3 2023 Earnings — Forian Inc. Revenue & Financial Results | Market Cap Arena

FORAForian Inc.

$65M

Q3 2023 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$5M-25.5% YoY

Gross Profit

$4M74.5% margin

Operating Income

-$807,268-15.1% margin

Net Income

$4M81.2% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$59M

Total Liabilities

$32M

Stockholders' Equity

$27M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$7M	-25.5%
Gross Profit	$4M	$5M	-25.3%
Operating Income	-$807,268	-$5M	+83.7%
Net Income	$4M	-$5M	+184.7%