FORIAN INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.72 USD | +0.00% |
|
+2.65% | -7.01% |
| Mar. 28 | Transcript : Forian Inc., Q4 2023 Earnings Call, Mar 28, 2024 | |
| Mar. 28 | Forian Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Capitalization 1 | 280.9 | 87.74 | 88.48 | 84.56 | - |
| Enterprise Value (EV) 1 | 280.9 | 87.74 | 88.48 | 84.56 | 84.56 |
| P/E ratio | -10 x | -3.37 x | 8.6 x | -34 x | -109 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | - | 3.13 x | 4.32 x | 3.74 x | 3.19 x |
| EV / Revenue | - | 3.13 x | 4.32 x | 3.74 x | 3.19 x |
| EV / EBITDA | - | -9.02 x | 37.9 x | 42.8 x | 20.3 x |
| EV / FCF | - | - | - | - | - |
| FCF Yield | - | - | - | - | - |
| Price to Book | - | - | - | - | - |
| Nbr of stocks (in thousands) | 31,139 | 32,138 | 30,249 | 31,087 | - |
| Reference price 2 | 9.020 | 2.730 | 2.925 | 2.720 | 2.720 |
| Announcement Date | 3/24/22 | 3/27/23 | 3/28/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net sales 1 | - | 28.01 | 20.48 | 22.59 | 26.54 |
| EBITDA 1 | - | -9.723 | 2.336 | 1.976 | 4.173 |
| EBIT 1 | - | -26.09 | -5.595 | -4.679 | -2.817 |
| Operating Margin | - | -93.15% | -27.32% | -20.72% | -10.61% |
| Earnings before Tax (EBT) 1 | - | -25.95 | 1.819 | -3.678 | -1.817 |
| Net income 1 | -26.55 | -25.97 | 11.11 | -2.579 | -0.8175 |
| Net margin | - | -92.74% | 54.23% | -11.42% | -3.08% |
| EPS 2 | -0.9000 | -0.8100 | 0.3400 | -0.0800 | -0.0250 |
| Free Cash Flow | - | - | - | - | - |
| FCF margin | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 3/24/22 | 3/27/23 | 3/28/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 6.391 | 6.534 | 7.176 | 7.904 | 4.87 | 4.894 | 5.348 | 5.369 | 5.107 | 5.322 | 5.883 | 6.274 | 6.018 |
| EBITDA 1 | -3.411 | -3.222 | -2.145 | -0.9439 | -0.2711 | 0.0671 | 0.7553 | 1.034 | 0.167 | 0.2255 | 0.6045 | 0.9285 | 0.791 |
| EBIT 1 | -11.91 | -5.593 | -4.951 | -3.63 | -2.388 | -1.489 | -0.8073 | -0.9114 | -1.452 | -1.388 | -1.038 | -0.8015 | -0.869 |
| Operating Margin | -186.41% | -85.59% | -69% | -45.92% | -49.03% | -30.42% | -15.09% | -16.98% | -28.44% | -26.07% | -17.64% | -12.77% | -14.44% |
| Earnings before Tax (EBT) 1 | -11.85 | -5.429 | -5.118 | -3.553 | -2.219 | -1.054 | 5.547 | -0.4546 | -0.9025 | -0.8625 | -0.513 | -0.3015 | -0.369 |
| Net income 1 | -11.85 | -5.434 | -5.128 | -3.557 | 6.498 | -1.123 | 4.342 | 1.389 | -0.9025 | -0.8625 | -0.513 | -0.3015 | -0.369 |
| Net margin | -185.47% | -83.15% | -71.45% | -45% | 133.43% | -22.95% | 81.18% | 25.87% | -17.67% | -16.21% | -8.72% | -4.81% | -6.13% |
| EPS 2 | -0.3700 | -0.1700 | -0.1600 | -0.1100 | 0.1900 | -0.0300 | 0.1300 | 0.0400 | -0.0250 | -0.0250 | -0.0150 | -0.0100 | -0.0200 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 5/12/22 | 8/11/22 | 11/14/22 | 3/27/23 | 5/12/23 | 8/10/23 | 11/9/23 | 3/28/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - |
| Net Cash position | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - |
| ROE (net income / shareholders' equity) | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - |
| Assets 1 | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - |
| Capex | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - |
| Announcement Date | 3/24/22 | 3/27/23 | 3/28/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
2.72
USD
Average target price
4.75
USD
Spread / Average Target
+74.63%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -7.01% | 84.56M | |
| +8.05% | 3,020B | |
| +5.58% | 82.93B | |
| +3.69% | 76.85B | |
| -14.62% | 53.04B | |
| +31.16% | 50.15B | |
| -24.56% | 46.71B | |
| +17.75% | 41.41B | |
| +55.21% | 36.1B | |
| -10.24% | 24.64B |
- Stock Market
- Equities
- FORA Stock
- Financials Forian Inc.
