Forian Inc. (FORA)
Forian Statistics
Share Statistics
Forian has 31.19M shares outstanding. The number of shares has increased by -0.4% in one year.
| Shares Outstanding | 31.19M |
| Shares Change (YoY) | -0.4% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 15.22% |
| Shares Floating | 13.63M |
| Failed to Deliver (FTD) Shares | 36 |
| FTD / Avg. Volume | 0.11% |
Short Selling Information
The latest short interest is 96K, so 0.31% of the outstanding shares have been sold short.
| Short Interest | 96K |
| Short % of Shares Out | 0.31% |
| Short % of Float | 0.48% |
| Short Ratio (days to cover) | 1.95 |
Valuation Ratios
The PE ratio is -16.99 and the forward PE ratio is null. Forian's PEG ratio is 0.13.
| PE Ratio | -16.99 |
| Forward PE | n/a |
| PS Ratio | 3.18 |
| Forward PS | 3.1 |
| PB Ratio | 2.13 |
| P/FCF Ratio | 226.51 |
| PEG Ratio | 0.13 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Forian.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.68, with a Debt / Equity ratio of 0.22.
| Current Ratio | 2.68 |
| Quick Ratio | 2.68 |
| Debt / Equity | 0.22 |
| Debt / EBITDA | -2.31 |
| Debt / FCF | 23.76 |
| Interest Coverage | -9.86 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $428.79K |
| Profits Per Employee | $-80.24K |
| Employee Count | 47 |
| Asset Turnover | 0.43 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 66.58K |
| Effective Tax Rate | -1.8% |
Stock Price Statistics
The stock price has increased by -16.48% in the last 52 weeks. The beta is 1.04, so Forian's price volatility has been higher than the market average.
| Beta | 1.04 |
| 52-Week Price Change | -16.48% |
| 50-Day Moving Average | 2.12 |
| 200-Day Moving Average | 2.2 |
| Relative Strength Index (RSI) | 62.95 |
| Average Volume (20 Days) | 31.38K |
Income Statement
In the last 12 months, Forian had revenue of 20.15M and earned -3.77M in profits. Earnings per share was -0.12.
| Revenue | 20.15M |
| Gross Profit | 12.82M |
| Operating Income | -6.99M |
| Net Income | -3.77M |
| EBITDA | -2.91M |
| EBIT | -3M |
| Earnings Per Share (EPS) | -0.12 |
Balance Sheet
The company has 4.59M in cash and 6.72M in debt, giving a net cash position of -2.13M.
| Cash & Cash Equivalents | 4.59M |
| Total Debt | 6.72M |
| Net Cash | -2.13M |
| Retained Earnings | -49.92M |
| Total Assets | 47.17M |
| Working Capital | 27.86M |
Cash Flow
In the last 12 months, operating cash flow was 282.83K and capital expenditures 0, giving a free cash flow of 282.83K.
| Operating Cash Flow | 282.83K |
| Capital Expenditures | 0 |
| Free Cash Flow | 282.83K |
| FCF Per Share | 0.01 |
Margins
Gross margin is 63.61%, with operating and profit margins of -34.67% and -18.71%.
| Gross Margin | 63.61% |
| Operating Margin | -34.67% |
| Pretax Margin | -18.38% |
| Profit Margin | -18.71% |
| EBITDA Margin | -14.44% |
| EBIT Margin | -34.67% |
| FCF Margin | 1.4% |
Dividends & Yields
FORA does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for FORA is $5, which is 124.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $5 |
| Price Target Difference | 124.2% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Mar 3, 2021. It was a backward split with a ratio of 1:20.
| Last Split Date | Mar 3, 2021 |
| Split Type | backward |
| Split Ratio | 1:20 |
Scores
| Altman Z-Score | 1.49 |
| Piotroski F-Score | 5 |