Forian Past Earnings Performance

Past criteria checks 0/6

Forian has been growing earnings at an average annual rate of 17.7%, while the Healthcare Services industry saw earnings growing at 23.3% annually. Revenues have been growing at an average rate of 37.1% per year.

Key information

17.7%

Earnings growth rate

34.4%

EPS growth rate

Healthcare Services Industry Growth1.7%
Revenue growth rate37.1%
Return on equity-16.2%
Net Margin-22.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

The Consensus EPS Estimates For Forian Inc. (NASDAQ:FORA) Just Fell A Lot

Aug 18
The Consensus EPS Estimates For Forian Inc. (NASDAQ:FORA) Just Fell A Lot

Forian (NASDAQ:FORA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Apr 05
Forian (NASDAQ:FORA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Unpleasant Surprises Could Be In Store For Forian Inc.'s (NASDAQ:FORA) Shares

Apr 03
Unpleasant Surprises Could Be In Store For Forian Inc.'s (NASDAQ:FORA) Shares

Is Forian (NASDAQ:FORA) Using Too Much Debt?

Feb 27
Is Forian (NASDAQ:FORA) Using Too Much Debt?

Investors Give Forian Inc. (NASDAQ:FORA) Shares A 28% Hiding

May 05
Investors Give Forian Inc. (NASDAQ:FORA) Shares A 28% Hiding

Forian to become a part of Russell 3000® Index

Jun 07

Revenue & Expenses Breakdown

How Forian makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:FORA Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2420-4181
30 Jun 24201181
31 Mar 24203181
31 Dec 23202191
30 Sep 23200182
30 Jun 2319-8192
31 Mar 2318-11203
31 Dec 2216-19214
30 Sep 2217-25256
30 Jun 2218-29278
31 Mar 2219-32309
31 Dec 2117-27289
30 Sep 2111-21207
30 Jun 217-15135
31 Mar 212-954
31 Dec 201-523
30 Sep 200-422

Quality Earnings: FORA is currently unprofitable.

Growing Profit Margin: FORA is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FORA is unprofitable, but has reduced losses over the past 5 years at a rate of 17.7% per year.

Accelerating Growth: Unable to compare FORA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FORA is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (17.5%).


Return on Equity

High ROE: FORA has a negative Return on Equity (-16.18%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 17:29
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Forian Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard BaldryRoth MKM