Forian Historical Income Statement
| FORA Stock | USD 2.07 0.01 0.49% |
Historical analysis of Forian income statement accounts such as Gross Profit of 10.7 M or Other Operating Expenses of 27.4 M can show how well Forian Inc performed in making a profits. Evaluating Forian income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Forian's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Forian Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Forian Inc is a good buy for the upcoming year.
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About Forian Income Statement Analysis
Forian Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Forian shareholders. The income statement also shows Forian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Forian Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Forian Inc minus its cost of goods sold. It is profit before Forian operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Forian Inc. It is also known as Forian overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
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. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Forian Inc income statement and represents the costs associated with goods and services Forian provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Forian's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Forian Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, Forian's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 2.5 M, whereas Depreciation And Amortization is forecasted to decline to about 105.2 K.
| 2022 | 2023 | 2024 | 2025 (projected) | Total Operating Expenses | 41.6M | 20.6M | 23.7M | 23.7M | Cost Of Revenue | 6.9M | 5.5M | 6.3M | 3.8M |
Forian income statement Correlations
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Forian income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 8.6K | 2.2M | 67.2K | 96.3K | 110.8K | 105.2K | |
| Gross Profit | 506.6K | 12.2M | 21.1M | 15.0M | 17.3M | 10.7M | |
| Other Operating Expenses | 5.5M | 43.3M | 48.5M | 26.1M | 30.0M | 27.4M | |
| Operating Income | (5.0M) | (26.4M) | (20.5M) | (5.6M) | (5.0M) | (5.3M) | |
| Ebit | (5.0M) | (26.2M) | (18.3M) | 2.7M | 2.4M | 2.5M | |
| Research Development | 2.5M | 9.0M | 12.3M | 1.4M | 1.6M | 1.5M | |
| Ebitda | (5.0M) | (24.0M) | (18.3M) | 2.8M | 2.5M | 2.6M | |
| Cost Of Revenue | 38.3K | 4.7M | 6.9M | 5.5M | 6.3M | 3.8M | |
| Total Operating Expenses | 5.5M | 38.6M | 41.6M | 20.6M | 23.7M | 23.7M | |
| Income Before Tax | (5.0M) | (26.5M) | (25.9M) | 1.8M | 1.6M | 1.7M | |
| Total Other Income Expense Net | 3.6K | 1.1M | (215.2K) | 7.4M | 8.5M | 9.0M | |
| Net Income | (5.0M) | (26.6M) | (26.0M) | 11.1M | 12.8M | 13.4M | |
| Income Tax Expense | (3.6K) | 22.5K | 24.0K | 85.7K | 98.6K | 103.5K |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 | Quarterly Revenue Growth (0.12) | Return On Assets | Return On Equity |
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.