Forian (FORA) Revenue & Revenue Breakdown


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Forian Revenue Highlights


Latest Revenue (Y)

$20.48M

Latest Revenue (Q)

$4.78M

Main Segment (Y)

Information and Software

Main Geography (Y)

Services Segment

Forian Revenue by Period


Forian Revenue by Year

DateRevenueChange
2023-12-31$20.48M-26.87%
2022-12-31$28.01M65.91%
2021-12-31$16.88M2997.93%
2020-12-31$544.87K100.00%
2019-12-31--

Forian generated $20.48M in revenue during NA 2023, up -26.87% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Forian Revenue by Quarter

DateRevenueChange
2024-06-30$4.78M-2.06%
2024-03-31$4.88M-9.16%
2023-12-31$5.37M0.38%
2023-09-30$5.35M9.30%
2023-06-30$4.89M0.48%
2023-03-31$4.87M-38.38%
2022-12-31$7.90M10.14%
2022-09-30$7.18M9.83%
2022-06-30$6.53M2.24%
2022-03-31$6.39M11.16%
2021-12-31$5.75M15.87%
2021-09-30$4.96M9.10%
2021-06-30$4.55M180.63%
2021-03-31$1.62M671.90%
2020-12-31$209.95K31.63%
2020-09-30$159.50K46.67%
2020-06-30$108.75K63.12%
2020-03-31$66.67K100.00%
2019-12-31--

Forian generated $4.78M in revenue during Q2 2024, up -2.06% compared to the previous quarter, and up 98.08% compared to the same period a year ago.

Forian Revenue Breakdown


Forian Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21
Information and Software$26.19M$14.95M
Product and Service, Other$274.26K$804.94K
Service$1.55M$1.12M

Forian's latest annual revenue breakdown by segment (product or service), as of Dec 22: Information and Software (93.50%), Service (5.52%), and Product and Service, Other (0.98%).

Quarterly Revenue by Product

Product/ServiceDec 22Sep 22Jun 22Mar 22Dec 21
Information and Software$7.51M$6.78M$6.08M$5.81M$5.29M
Service$377.62K$341.17K$398.15K$428.71K$264.13K
Product and Service, Other$14.64K$54.48K$51.66K$153.48K$194.82K

Forian's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Information and Software (95.04%), Service (4.78%), and Product and Service, Other (0.19%).

Forian Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21
Services Segment$1.55M$1.12M

Forian's latest annual revenue breakdown by geography, as of Dec 22: Services Segment (100.00%).

Quarterly Revenue by Country

CountryDec 22Sep 22Jun 22Mar 22Dec 21
Services Segment$377.62K$341.17K$398.15K$428.71K$264.13K
Information and Software$7.51M----
Product and Service, Other$14.64K----
Service$377.62K----

Forian's latest quarterly revenue breakdown by geography, as of Dec 22: Information and Software (90.70%), Services Segment (4.56%), Service (4.56%), and Product and Service, Other (0.18%).

Forian Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
HQYHealthEquity$999.59M$299.93M
CPSITruBridge$326.65M$82.71M
HCATHealth Catalyst$295.94M$74.72M
HSTMHealthStream$279.06M$71.56M
DHDefinitive Healthcare$251.41M$63.70M
NRCNational Research$148.58M$35.31M
FORAForian$20.48M$4.78M

FORA Revenue FAQ


Forian's yearly revenue for 2023 was $20.48M, representing a decrease of -26.87% compared to 2022. The company's yearly revenue for 2022 was $28.01M, representing an increase of 65.91% compared to 2021. FORA's yearly revenue for 2021 was $16.88M, representing an increase of 2997.93% compared to 2020.

Forian's quarterly revenue for Q2 2024 was $4.78M, a -2.06% decrease from the previous quarter (Q1 2024), and a -2.38% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.88M, a -9.16% decrease from the previous quarter (Q4 2023), and a 0.14% increase year-over-year (Q1 2023). FORA's quarterly revenue for Q4 2023 was $5.37M, a 0.38% increase from the previous quarter (Q3 2023), and a -32.07% decrease year-over-year (Q4 2022).

Forian's revenue growth rate for the last 3 years (2021-2023) was 21.34%, and for the last 5 years (2019-2023) was 0%.

Forian's revenue streams in c 22 are Information and Software, Product and Service, Other, and Service. Information and Software generated $26.19M in revenue, accounting 93.50% of the company's total revenue, up 75.13% year-over-year. Product and Service, Other generated $274.26K in revenue, accounting 0.98% of the company's total revenue, down -65.93% year-over-year. Service generated $1.55M in revenue, accounting 5.52% of the company's total revenue, up 37.69% year-over-year.

For the fiscal year ending Dec 22, the largest source of revenue of Forian was Information and Software. This segment made a revenue of $26.19M, representing 93.50% of the company's total revenue.