Forian Operating Income from 2010 to 2024

FORA Stock  USD 2.14  0.08  3.88%   
Forian's Operating Income is decreasing over the years with slightly volatile fluctuation. Operating Income is expected to dwindle to about -5.9 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Forian Inc generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2010-12-31
Previous Quarter
-5.6 M
Current Value
-5.9 M
Quarterly Volatility
7.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forian's main balance sheet or income statement drivers, such as Depreciation And Amortization of 91.5 K, Interest Expense of 446.7 K or Gross Profit of 10.7 M, as well as many indicators such as Price To Sales Ratio of 4.35, Dividend Yield of 0.0 or PTB Ratio of 3.76. Forian financial statements analysis is a perfect complement when working with Forian Valuation or Volatility modules.
  
Check out the analysis of Forian Correlation against competitors.

Latest Forian's Operating Income Growth Pattern

Below is the plot of the Operating Income of Forian Inc over the last few years. Operating Income is the amount of profit realized from Forian Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Forian Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Forian's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forian's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Forian Operating Income Regression Statistics

Arithmetic Mean(5,086,034)
Coefficient Of Variation(152.05)
Mean Deviation5,072,123
Median(1,292,170)
Standard Deviation7,733,272
Sample Variance59.8T
Range25.1M
R-Value(0.55)
Mean Square Error45T
R-Squared0.30
Significance0.03
Slope(948,251)
Total Sum of Squares837.2T

Forian Operating Income History

2024-5.9 M
2023-5.6 M
2022-20.5 M
2021-26.4 M
2020-5 M

Other Fundumenentals of Forian Inc

Forian Operating Income component correlations

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0.970.180.73-0.840.720.830.90.97-0.920.970.950.9-0.40.950.870.740.85-0.540.46-0.68
0.00.18-0.380.240.71-0.19-0.130.02-0.26-0.030.12-0.110.740.12-0.27-0.37-0.240.34-0.370.42
0.860.73-0.38-0.960.270.760.920.85-0.740.840.840.75-0.820.840.910.990.96-0.480.54-0.73
-0.93-0.840.24-0.96-0.44-0.85-0.96-0.920.86-0.89-0.93-0.860.76-0.93-0.98-0.98-0.990.59-0.670.77
0.650.720.710.27-0.440.280.570.66-0.720.550.70.430.250.70.40.280.470.010.03-0.02
0.820.83-0.190.76-0.850.280.780.82-0.820.880.810.98-0.750.810.920.80.81-0.880.81-0.96
0.980.9-0.130.92-0.960.570.780.98-0.850.930.950.84-0.610.950.940.920.98-0.480.51-0.67
1.00.970.020.85-0.920.660.820.98-0.90.970.970.89-0.520.970.930.850.94-0.520.49-0.69
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0.970.97-0.030.84-0.890.550.880.930.97-0.880.930.92-0.570.930.910.830.89-0.590.49-0.78
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0.860.74-0.370.99-0.980.280.80.920.85-0.770.830.860.78-0.840.860.930.97-0.530.61-0.76
0.950.85-0.240.96-0.990.470.810.980.94-0.840.890.930.84-0.720.930.970.97-0.540.61-0.72
-0.51-0.540.34-0.480.590.01-0.88-0.48-0.520.53-0.59-0.5-0.840.7-0.5-0.73-0.53-0.54-0.920.92
0.50.46-0.370.54-0.670.030.810.510.49-0.560.490.540.76-0.740.540.750.610.61-0.92-0.82
-0.69-0.680.42-0.730.77-0.02-0.96-0.67-0.690.64-0.78-0.65-0.910.85-0.65-0.86-0.76-0.720.92-0.82
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About Forian Financial Statements

Forian stakeholders use historical fundamental indicators, such as Forian's Operating Income, to determine how well the company is positioned to perform in the future. Although Forian investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forian's assets and liabilities are reflected in the revenues and expenses on Forian's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Forian Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income-5.6 M-5.9 M
Non Operating Income Net Other3.2 K2.9 K

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When determining whether Forian Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Forian's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Forian Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Forian Inc Stock:
Check out the analysis of Forian Correlation against competitors.
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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forian. If investors know Forian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
0.649
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.06)
Return On Equity
0.0563
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forian's market value can be influenced by many factors that don't directly affect Forian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.