FORA
Income statement / Annual
Last year (2024), Forian Inc.'s total revenue was $20.15 M,
a decrease of 1.60% from the previous year.
In 2024, Forian Inc.'s net income was -$3.77 M.
See Forian Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$20.15 M |
$20.48 M |
$16.42 M |
$16.88 M |
$544.87 K |
$0.00 |
| Cost of Revenue |
$7.33 M
|
$5.48 M
|
$5.05 M
|
$4.72 M
|
$38.29 K
|
$854.00
|
| Gross Profit |
$12.82 M
|
$15.00 M
|
$11.37 M
|
$12.16 M
|
$506.58 K
|
-$854.00
|
| Gross Profit Ratio |
0.64
|
0.73
|
0.69
|
0.72
|
0.93
|
0
|
| Research and Development Expenses |
$1.44 M
|
$1.41 M
|
$4.01 M
|
$8.98 M
|
$2.51 M
|
$827.47 K
|
| General & Administrative Expenses |
$12.54 M
|
$13.63 M
|
$16.88 M
|
$23.46 M
|
$1.53 M
|
$0.00
|
| Selling & Marketing Expenses |
$4.33 M
|
$4.88 M
|
$3.95 M
|
$4.14 M
|
$573.85 K
|
$0.00
|
| Selling, General & Administrative Expenses |
$16.87 M
|
$18.52 M
|
$20.83 M
|
$27.61 M
|
$2.11 M
|
$463.84 K
|
| Other Expenses |
$1.49 M
|
$674.27 K
|
$5.48 M
|
$3.20 M
|
$871.96 K
|
$0.00
|
| Operating Expenses |
$19.81 M
|
$20.60 M
|
$30.32 M
|
$39.78 M
|
$5.49 M
|
$1.29 M
|
| Cost And Expenses |
$27.14 M
|
$26.08 M
|
$35.37 M
|
$44.50 M
|
$5.53 M
|
$1.29 M
|
| Interest Income |
$2.42 M
|
$2.33 M
|
$266.21 K
|
$6.81 K
|
$3.57 K
|
$5.00 K
|
| Interest Expense |
$708.93 K
|
$834.79 K
|
$846.10 K
|
$322.38 K
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$85.37 K
|
$96.33 K
|
$67.18 K
|
$2.21 M
|
$8.56 K
|
$854.00
|
| EBITDA |
-$2.91 M |
$2.75 M |
-$18.25 M |
-$24.00 M |
-$4.97 M |
-$1.29 M |
| EBITDA Ratio |
-0.14
|
0.13
|
-1.11
|
-1.42
|
-9.12
|
0
|
| Operating Income Ratio |
-0.35
|
-0.27
|
-1.15
|
-1.64
|
-9.15
|
0
|
| Total Other Income/Expenses Net |
$3.28 M
|
$7.41 M
|
-$215.20 K
|
$1.09 M
|
$3.57 K
|
$3.33 K
|
| Income Before Tax |
-$3.70 M
|
$1.82 M
|
-$19.17 M
|
-$26.53 M
|
-$4.98 M
|
-$1.29 M
|
| Income Before Tax Ratio |
-0.18
|
0.09
|
-1.17
|
-1.57
|
-9.14
|
0
|
| Income Tax Expense |
$66.58 K
|
$85.74 K
|
$23.98 K
|
$22.51 K
|
$0.00
|
$0.00
|
| Net Income |
-$3.77 M
|
$11.11 M
|
-$25.97 M
|
-$26.55 M
|
-$4.98 M
|
-$1.29 M
|
| Net Income Ratio |
-0.19
|
0.54
|
-1.58
|
-1.57
|
-9.14
|
0
|
| EPS |
-0.12 |
0.36 |
-0.81 |
-0.84 |
-0.17 |
-0.0432 |
| EPS Diluted |
-0.12 |
0.36 |
-0.81 |
-0.84 |
-0.17 |
-0.0432 |
| Weighted Average Shares Out |
$31.07 M
|
$32.03 M
|
$32.03 M
|
$31.77 M
|
$29.82 M
|
$29.82 M
|
| Weighted Average Shares Out Diluted |
$31.07 M
|
$32.23 M
|
$32.03 M
|
$31.77 M
|
$29.82 M
|
$29.82 M
|
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