/
Forian is a leading provider of data science-driven information and analytics solutions to the life sciences, healthcare and financial services industries. We provide a unique suite of data management capabilities and proprietary enriched information and analytics solutions to optimize and measure operational, clinical and financial performance for our customers.
The business is unprofitable at the operating level (-12.44% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 50.1% YoY with margins expanding 22.2pp.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$30M
▲ +50.1% YoY
Net Income (TTM)
-$5M
▲ +23.8% YoY
Op. Margin
-19.49%
▲ +22.2pp YoY
ROIC
-15.59%
▲ +3.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$2M
▲ +920.6% YoY
Op. Cash Flow (TTM)
$2M
▲ +920.6% YoY
Net Debt
-$31M
Net Cash Position
Cash & Equiv.
$31M
5Y CAGR: +123.3%
Continue Research