FORIAN INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.62 USD | 0.00% |
|
+0.77% | -10.43% |
| 03-28 | Transcript : Forian Inc., Q4 2023 Earnings Call, Mar 28, 2024 | |
| 03-28 | 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 | 81.47 | - |
| Enterprise Value (EV) 1 | 280.9 | 87.74 | 88.48 | 81.47 | 81.47 |
| P/E ratio | -10 x | -3.37 x | 8.6 x | -43.7 x | -131 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | - | 3.13 x | 4.32 x | 3.59 x | 2.99 x |
| EV / Revenue | - | 3.13 x | 4.32 x | 3.59 x | 2.99 x |
| EV / EBITDA | - | -9.02 x | 37.9 x | 39.7 x | 19.2 x |
| EV / FCF | - | - | - | - | - |
| FCF Yield | - | - | - | - | - |
| Price to Book | - | - | - | - | - |
| Nbr of stocks (in thousands) | 31,139 | 32,138 | 30,249 | 31,095 | - |
| Reference price 2 | 9.020 | 2.730 | 2.925 | 2.620 | 2.620 |
| Announcement Date | 24/03/22 | 27/03/23 | 28/03/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net sales 1 | - | 28.01 | 20.48 | 22.7 | 27.24 |
| EBITDA 1 | - | -9.723 | 2.336 | 2.051 | 4.246 |
| EBIT 1 | - | -26.09 | -5.595 | -4.19 | -2.694 |
| Operating Margin | - | -93.15% | -27.32% | -18.46% | -9.89% |
| Earnings before Tax (EBT) 1 | - | -25.95 | 1.819 | -4.189 | -2.694 |
| Net income 1 | -26.55 | -25.97 | 11.11 | -1.99 | -0.695 |
| Net margin | - | -92.74% | 54.23% | -8.77% | -2.55% |
| EPS 2 | -0.9000 | -0.8100 | 0.3400 | -0.0600 | -0.0200 |
| Free Cash Flow | - | - | - | - | - |
| FCF margin | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 24/03/22 | 27/03/23 | 28/03/24 | - | - |
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 | 5.114 | 5.261 | 5.883 | 6.443 | 6.137 |
| EBITDA 1 | -3.411 | -3.222 | -2.145 | -0.9439 | -0.2711 | 0.0671 | 0.7553 | 1.034 | 0.234 | 0.251 | 0.609 | 0.957 | 0.791 |
| EBIT 1 | -11.91 | -5.593 | -4.951 | -3.63 | -2.388 | -1.489 | -0.8073 | -0.9114 | -1.276 | -1.26 | -0.951 | -0.703 | -0.869 |
| Operating Margin | -186.41% | -85.59% | -69% | -45.92% | -49.03% | -30.42% | -15.09% | -16.98% | -24.95% | -23.95% | -16.17% | -10.91% | -14.16% |
| Earnings before Tax (EBT) 1 | -11.85 | -5.429 | -5.118 | -3.553 | -2.219 | -1.054 | 5.547 | -0.4546 | -0.676 | -0.71 | -0.402 | -0.203 | -0.369 |
| Net income 1 | -11.85 | -5.434 | -5.128 | -3.557 | 6.498 | -1.123 | 4.342 | 1.389 | -0.676 | -0.71 | -0.402 | -0.203 | -0.369 |
| Net margin | -185.47% | -83.15% | -71.45% | -45% | 133.43% | -22.95% | 81.18% | 25.87% | -13.22% | -13.5% | -6.83% | -3.15% | -6.01% |
| EPS 2 | -0.3700 | -0.1700 | -0.1600 | -0.1100 | 0.1900 | -0.0300 | 0.1300 | 0.0400 | -0.0200 | -0.0200 | -0.0100 | -0.0100 | -0.0100 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 12/05/22 | 11/08/22 | 14/11/22 | 27/03/23 | 12/05/23 | 10/08/23 | 09/11/23 | 28/03/24 | - | - | - | - | - |
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 | 24/03/22 | 27/03/23 | 28/03/24 | - | - |
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
OUTPERFORM
Number of Analysts
1
Last Close Price
2.62
USD
Average target price
5
USD
Spread / Average Target
+90.84%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.43% | 81.47M | |
| +10.02% | 3,075B | |
| +8.25% | 85.03B | |
| +4.44% | 77.41B | |
| -14.19% | 53.89B | |
| -23.14% | 47.59B | |
| +21.96% | 46.63B | |
| +21.64% | 42.81B | |
| +59.16% | 37.02B | |
| -10.56% | 24.56B |
- Stock Market
- Equities
- FORA Stock
- Financials Forian Inc.
