Forian provides data management, analytics, and insights solutions across the life sciences, healthcare, and financial services sectors. The company develops real world evidence and market access solutions built on proprietary datasets, enabling clients to optimize operational, clinical, and financial performance. Its platform integrates data collection, processing, and analytics capabilities to support decision-making across multiple customer verticals.
The company serves life sciences organizations, pharmaceutical service providers, healthcare payers, healthcare providers, and financial services firms through subscription and services-based offerings. Forian operates on a recurring revenue model centered on data management and analytics delivery, supplemented by professional services engagements.
Forian is a small-cap company with 47 full-time employees, headquartered in Newtown, Pennsylvania. The company was incorporated in Delaware and went public on Nasdaq. The organization maintains a concentrated staffing model typical of technology-enabled service providers in the health information space.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-0.12 | $-0.12 | -135.3% | |
| 2023 | $0.34 | $0.34 | +142.0% | |
| 2022 | $-0.81 | $-0.81 | +10.0% | |
| 2021 | $-0.90 | $-0.90 | — | |
| 2020 | — | — | — |