Forian Inc

Forian, Inc. engages in the provision of healthcare information, analytics and technology services. The firm provides a suite of SaaS solution, as well as cannabis dispensaries. The company was founded by Max C. Wygod and Adam Dublin on October 15, 2020 and is headquartered in Newtown, PA.

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Forian Inc reports strong revenue growth post-divestiture, eyes profitability

Forian Inc showcased strong revenue growth in Q4 2022 and full year 2022, driven by the divestiture of cannabis software assets and focus on healthcare information.
While facing net losses, the company exceeded revenue guidance and has a solid contracted backlog for 2023, aiming for positive adjusted EBITDA in the latter part of the year.
Challenges include ongoing profitability concerns and the need for operational efficiency improvements, but opportunities lie in expanding the healthcare information business and capturing market share.
Overall, Forian's strategic shifts have positioned the company for growth and profitability, with a clear focus on healthcare technology and a strong revenue outlook for 2023.

Forian Inc reports strong Q1 earnings and eyes future growth

Forian Inc delivered robust financial performance in Q1 2023, with significant revenue growth and improved net income.
While challenges persist, the company's focus on healthcare analytics and strong balance sheet sets a solid foundation for future growth.
Opportunities lie ahead for Forian to leverage its expertise and financial stability for sustained expansion and strategic initiatives.

Forian Inc excels in Q2 2023, eyes expansion and acquisitions

Forian Inc's Q2 2023 performance reflects robust revenue growth and improved financial metrics, positioning the company for future success.
While challenges like net losses persist, strategic initiatives to enhance operational efficiency and profitability are underway.
Opportunities for expansion and acquisitions, coupled with a strong balance sheet, underscore Forian's potential for sustained growth and market leadership.

Forian Inc reports robust Q3 performance and eyes growth opportunities

Forian Inc delivered a strong third-quarter performance with revenue growth and improved profitability. The company's strategic wins and focus on data science-based offerings position it well for future growth.
While challenges such as market risks and customer acquisition impact exist, Forian's financial strength and opportunities for revenue growth and market expansion provide a positive outlook.
With a solid financial position, plans to capitalize on growth opportunities, and a commitment to innovation, Forian is poised to navigate challenges and leverage opportunities in the health care information sector.

Forian Inc reports solid Q4 earnings and projects growth in 2024

Forian Inc ended 2023 on a positive note, showcasing strong financial performance and strategic advancements. The company is poised for continued growth in 2024 despite market challenges, leveraging its data-driven ecosystem and product innovations.

Forian Inc reports stable Q1 performance and launches innovative products

Forian Inc's Q1 2024 performance showed stability in revenues, improved EBITDA, and strategic growth initiatives.
The company faces challenges in revenue growth and profitability but has opportunities in market expansion and product innovation.
By focusing on operational efficiency, new client acquisition, and corporate development, Forian Inc aims for sustained growth and profitability.

Forian Inc reports steady Q2 performance amidst market disruptions

Forian Inc's Q2 2024 performance was steady with flat revenue and a net loss, facing challenges from funding issues and data disruptions.
Despite these challenges, the company remains confident, plans to invest in assets, and sees opportunities for growth.
Market disruptions led to revised revenue outlook, but Forian's financial stability and strategic focus position it for future success.

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NEWTOWN, Pa., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Forian Inc. (Nasdaq: FORA) announces that Max Wygod, Chief Executive Officer and Executive Chairman, and Mike Vesey, Chief Financial Officer, will attend ROTH MKM's 13th annual Technology Event, which will be held on November 19th – 20th, 2024, at the Hard Rock Hotel in New York City.

Forian Inc. to Participate in the 13th Annual ROTH MKM Technology Event

NEWTOWN, Pa., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, will announce its third quarter 2024 financial results on Wednesday, November 13, 2024, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on November 13, 2024 to discuss the results.

Forian Inc. to Announce Third Quarter 2024 Results on November 13, 2024

NEWTOWN, PA, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, today announced it has acquired Kyber Data Science LLC (“Kyber”), a trusted provider of advanced healthcare data analytics and machine learning solutions to the financial services industry, from TD Cowen. This strategic acquisition strengthens Forian's position in the healthcare information marketplace through the addition of advanced analytics and software capabilities and expands the industries Forian serves to include financial services.

Forian Acquires Kyber Data Science to Enhance Data Analytics Capabilities

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Holdings Inc. ("VerticalScope" or the “Company”) (TSX: FORA; OTCQX: VFORF) announced today that the Company's third quarter 2024 financial results will be released after the market close on Tuesday, November 12, 2024. Management will host a conference call and webcast to discuss the Company's financial results at 8:00 a.m. ET on Wednesday, November 13, 2024. Live Call Registration and Webcast: https://events.q4inc.com/attendee/861368726 Joining Live by Te.

VerticalScope to Announce Third Quarter 2024 Results

TORONTO--(BUSINESS WIRE)---- $FORA--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF) announced today that it had entered into a second amended and restated credit agreement (such agreement, the “A&R Credit Agreement”), amending and restating the Company's existing credit agreement with Capital One (the “Existing Credit Agreement”). The A&R Credit Agreement was amended and restated to remove the single term loan tranche under the Existing Credit Agreement an.

VerticalScope Refinances Its Existing Senior Secured Credit Facility

Forian Inc. (NASDAQ:FORA ) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Max Wygod - Executive Chairman and CEO Michael Vesey - CFO Conference Call Participants Richard Baldry - ROTH Capital Partners Operator Greetings, and welcome to Forian's Second Quarter 2024 Financial Results Conference Call and Webcast. At this time, all participants are in listen-only mode.

Forian Inc. (FORA) Q2 2024 Earnings Call Transcript

Forian Inc. (FORA) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.03 per share a year ago.

Forian Inc. (FORA) Reports Q2 Loss, Misses Revenue Estimates

NEWTOWN, PA, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, today announced results for the quarter ended June 30, 2024.

Forian Inc. Announces Second Quarter 2024 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Company's notice of intention to renew their normal course issuer bid (“NCIB”). Under the NCIB program, the Company is authorized to purchase up to 931,151 of its subordinate voting shares (".

VerticalScope Announces Normal Course Issuer Bid Renewal

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, today announced financial results for the second quarter ended June 30, 2024 ("Q2" or "the quarter"). “We are happy to report that VerticalScope continues to deliver improving financial and operating results," said Rob Laidlaw, Founder, Chair and CEO of VerticalScope.

VerticalScope Achieves Record MAUs, Continued Double-Digit Growth and Strong Cash Generation for Second Quarter of 2024

NEWTOWN, PA , Aug. 02, 2024 (GLOBE NEWSWIRE) -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, will announce its second quarter 2024 financial results on Wednesday, August 14, 2024, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on August 14, 2024 to discuss the results.

Forian Inc. to Announce Second Quarter 2024 Results on August 14, 2024

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Announce Second Quarter 2024 Results.

VerticalScope to Announce Second Quarter 2024 Results

TORONTO--(BUSINESS WIRE)---- $FORA--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, today announced the Company has qualified to trade on the OTCQX® Best Market under the symbol “VFORF.” VerticalScope will continue to trade on the Toronto Stock Exchange under the symbol “FORA.” Rob Laidlaw, Founder, Chair and CEO of VerticalScope stated, “Having dire.

VerticalScope Commences Trading on the OTCQX Best Market

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA) announced today the voting results from its annual general and special meeting of shareholders held on June 6, 2024 (the “Meeting”). 1. ELECTION OF DIRECTORS The five (5) nominees listed in the Company's management information circular dated April 17, 2024 provided in connection with the Meeting (the “Circular”) were elected as directors of the Company. Detailed results of the votes are set out.

VerticalScope Announces Voting Results From Its Annual General and Special Meeting of Shareholders

TORONTO--(BUSINESS WIRE)---- $FORA--VerticalScope to Participate in Upcoming Investor Conferences in May and June 2024.

VerticalScope to Participate in Upcoming Investor Conferences in May and June 2024

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope delivers 14% revenue growth, $5.2 million in free cash flow, for first quarter of 2024.

VerticalScope Delivers 14% Revenue Growth, $5.2 Million in Free Cash Flow, for First Quarter of 2024

TORONTO--(BUSINESS WIRE)---- $FORA--VerticalScope Partners with The Trade Desk to Integrate OpenPass and OpenPath.

VerticalScope Partners with The Trade Desk to Integrate OpenPass and OpenPath

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NEWTOWN, PA, April 14, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq:FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, is deeply saddened to announce the passing of its director, Martin J. Wygod (Marty), on Friday at age 84. Marty was a healthcare entrepreneur, thoroughbred horse breeder and philanthropist. He is the father of Forian Executive Chairman, Chief Executive Officer and President, Max Wygod.

Forian Inc. Announces the Passing of Director Martin J. Wygod

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Announce First Quarter 2024 Results.

VerticalScope to Announce First Quarter 2024 Results

Forian Inc. (FORA) Q4 2023 Earnings Call Transcript

Full Year 2023 Revenue Grew 25% Full Year 2023 Adjusted EBITDA of $2.3MM NEWTOWN, PA, March 28, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, today announced results for the quarter and year ended December 31, 2023. “Forian finished the year by executing against our quarterly plan and closed what was a transformational year,” stated Max Wygod, Chairman and Chief Executive Officer of Forian.

Forian Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

TORONTO--(BUSINESS WIRE)---- $FORA #VerticalScope--VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA), a technology company that has built and operates a cloud-based digital platform for online enthusiast communities, today announced financial results for the fourth quarter ("Q4" or "the quarter") and full year ended December 31, 2023 ("2023"). "We recovered well from a challenging first half of the year, and our team's focused response has put us back in a position of growth," said Rob Laidlaw,.

VerticalScope Announces Fourth Quarter and Full Year 2023 Financial Results

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NEWTOWN, PA, March 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, will announce its fourth quarter and full year 2023 financial results on Thursday, March 28, 2024, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on March 28, 2024, to discuss the results.

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