📊 FORA Key Takeaways
Is Forian Inc. (FORA) a Good Investment?
Forian Inc. demonstrates severe operational distress with negative profitability across all margins, declining revenue, and negative free cash flow despite maintaining a strong balance sheet. The company is burning cash operationally while generating minimal gross profit (2.3% margin), indicating fundamental business model challenges that cannot be offset by its current liquidity position.
Forian's fundamentals are weak: revenue declined 5.0% year over year, gross margin is only 2.3%, and the company remains unprofitable at both the operating and net income levels. The balance sheet is a mitigating factor, with no long-term debt and strong liquidity, but growth quality and earnings power currently look too weak to support a more constructive view.
Why Buy Forian Inc. Stock? FORA Key Strengths
- Strong liquidity position with 3.87x current ratio and $4.7M cash
- Minimal debt burden with 0.00x debt-to-equity ratio
- Positive stockholders' equity of $31.1M provides financial buffer
- Strong liquidity with a 3.87x current and quick ratio
- Debt-free capital structure with 0.00x debt-to-equity
- Cash burn is relatively limited versus revenue, with free cash flow margin of -1.5%
FORA Stock Risks: Forian Inc. Investment Risks
- Severe profitability crisis with negative operating margin of -8.2% and net margin of -4.7%
- Revenue declining 5.0% YoY while losing $1.1M on $22.3M sales
- Negative operating cash flow of -$336K and negative free cash flow demonstrates unsustainable burn rate
- Extremely low gross margin of 2.3% indicates fundamental pricing power or cost structure problems
- Negative interest coverage ratio suggests inability to service debt if leverage is taken
- Revenue contraction suggests weakening demand or limited sales momentum
- Extremely low gross margin of 2.3% leaves little room to absorb operating costs
- Negative operating income, net income, and returns on assets/equity indicate poor profitability quality
Key Metrics to Watch
- Quarterly revenue trend and stabilization of decline
- Gross margin expansion and cost structure improvements
- Path to operating profitability and cash flow breakeven
- Cash burn rate and runway based on current cash position
- Management's turnaround plan and execution
- Gross margin recovery and operating margin improvement
- Revenue growth trend and operating cash flow consistency
Forian Inc. (FORA) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 3.87x current ratio provides a solid financial cushion.
FORA Profit Margin, ROE & Profitability Analysis
FORA vs Technology Sector: How Forian Inc. Compares
How Forian Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Forian Inc. Stock Overvalued? FORA Valuation Analysis 2026
Based on fundamental analysis, Forian Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Forian Inc. Balance Sheet: FORA Debt, Cash & Liquidity
FORA Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Forian Inc.'s revenue has grown significantly by 79% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.12 indicates the company is currently unprofitable.
FORA Revenue Growth, EPS Growth & YoY Performance
FORA Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $4.7M | -$151.2K | $0.00 |
| Q2 2025 | $4.8M | $224.8K | $0.01 |
| Q1 2025 | $4.9M | -$1.1M | $-0.04 |
| Q3 2024 | $4.7M | -$204.9K | $-0.01 |
| Q2 2024 | $4.8M | -$1.1M | $-0.03 |
| Q1 2024 | $4.9M | -$1.2M | $-0.04 |
| Q3 2023 | $4.3M | $4.3M | $0.13 |
| Q2 2023 | $3.6M | -$1.1M | $-0.03 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Forian Inc. Dividends, Buybacks & Capital Allocation
FORA SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Forian Inc. (CIK: 0001829280)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FORA
What is the AI rating for FORA?
Forian Inc. (FORA) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FORA's key strengths?
Claude: Strong liquidity position with 3.87x current ratio and $4.7M cash. Minimal debt burden with 0.00x debt-to-equity ratio. ChatGPT: Strong liquidity with a 3.87x current and quick ratio. Debt-free capital structure with 0.00x debt-to-equity.
What are the risks of investing in FORA?
Claude: Severe profitability crisis with negative operating margin of -8.2% and net margin of -4.7%. Revenue declining 5.0% YoY while losing $1.1M on $22.3M sales. ChatGPT: Revenue contraction suggests weakening demand or limited sales momentum. Extremely low gross margin of 2.3% leaves little room to absorb operating costs.
What is FORA's revenue and growth?
Forian Inc. reported revenue of $22.3M.
Does FORA pay dividends?
Forian Inc. does not currently pay dividends.
Where can I find FORA SEC filings?
Official SEC filings for Forian Inc. (CIK: 0001829280) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FORA's EPS?
Forian Inc. has a diluted EPS of $-0.03.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is FORA a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Forian Inc. has a SELL rating with 82% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FORA stock overvalued or undervalued?
Valuation metrics for FORA: ROE of -3.4% (sector avg: 22%), net margin of -4.7% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy FORA stock in 2026?
Our dual AI analysis gives Forian Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FORA's free cash flow?
Forian Inc.'s operating cash flow is $-336.0K, with capital expenditures of $0.0. FCF margin is -1.5%.
How does FORA compare to other Technology stocks?
Vs Technology sector averages: Net margin -4.7% (avg: 18%), ROE -3.4% (avg: 22%), current ratio 3.87 (avg: 2.5).