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Upturn AI SWOT - About
FORA 
Forian Inc (FORA)
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Upturn Advisory Summary
08/28/2025: FORA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $5
1 Year Target Price $5
| 0 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -39.38% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 60.36M USD | Price to earnings Ratio - | 1Y Target Price 5 |
Price to earnings Ratio - | 1Y Target Price 5 | ||
Volume (30-day avg) 1 | Beta 1 | 52 Weeks Range 1.64 - 4.03 | Updated Date 08/29/2025 |
52 Weeks Range 1.64 - 4.03 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.03 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-08-29 | When - | Estimate 0.01 | Actual 0.01 |
Profitability
Profit Margin -3.62% | Operating Margin (TTM) 0.62% |
Management Effectiveness
Return on Assets (TTM) -4.77% | Return on Equity (TTM) -3.2% |
Valuation
Trailing PE - | Forward PE 32.36 | Enterprise Value 31536864 | Price to Sales(TTM) 2.41 |
Enterprise Value 31536864 | Price to Sales(TTM) 2.41 | ||
Enterprise Value to Revenue 1.26 | Enterprise Value to EBITDA 20.05 | Shares Outstanding 31112300 | Shares Floating 8320366 |
Shares Outstanding 31112300 | Shares Floating 8320366 | ||
Percent Insiders 51.92 | Percent Institutions 13.59 |
Upturn AI SWOT
Forian Inc
Company Overview
History and Background
Forian Inc., previously known as Helix Technologies, has evolved to focus on providing data and technology solutions for the cannabis and hemp industries. The company aims to improve operational efficiency and decision-making for businesses in these sectors. Founding year: 2013.
Core Business Areas
- Data and Analytics: Provides data-driven insights and analytics solutions to cannabis and hemp businesses. Includes market intelligence, consumer behavior analysis, and pricing trends.
- Software Solutions: Offers software platforms designed for operational management, compliance tracking, and supply chain optimization within the cannabis industry.
- Financial Services: Forian offers financial services such as banking and merchant processing solutions tailored to the needs of cannabis businesses, which often face challenges with traditional financial institutions.
Leadership and Structure
Andrew Kline is the CEO. Organizational structure is based on functional departments focused on software development, data analytics, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Cannabis Economics: Cannabis Economics provides revenue projections for the United States Cannabis market. Competitors include New Frontier Data, BDSA, Headset.
- Basix: Basix enables financial institutions to operate more efficiently. Competitors include Shield Compliance, Green Check Verified, and Hypur.
- Delivered: Delivered provides delivery service to over 20,000 patients. Competitors include LeafLink, Dutchie, and Jane.
Market Dynamics
Industry Overview
The cannabis industry is experiencing rapid growth and increasing legalization across many US states. It is also dealing with complex regulatory environments, requiring comprehensive data solutions.
Positioning
Forian positions itself as a leading provider of data and technology solutions, enabling cannabis businesses to navigate the complexities of the industry and improve profitability.
Total Addressable Market (TAM)
The total addressable market for cannabis data and software solutions is estimated in the billions of dollars, growing along with overall cannabis market. Forian is positioned to capture a growing portion of this market through its specialized services.
Upturn SWOT Analysis
Strengths
- Specialized industry expertise in cannabis and hemp.
- Comprehensive suite of data and technology solutions.
- Established relationships with key players in the cannabis industry.
- Focus on compliance and regulatory requirements.
Weaknesses
- Relatively small market capitalization.
- Dependence on the growth and legalization trends of cannabis.
- Limited financial resources compared to larger competitors.
- Risk of regulatory changes impacting core business.
Opportunities
- Expansion into new geographic markets as cannabis legalization spreads.
- Development of new data analytics products and services.
- Strategic partnerships with cannabis companies and financial institutions.
- Acquisitions of complementary businesses.
Threats
- Increasing competition from larger data analytics firms.
- Changing regulatory landscape and potential for stricter regulations.
- Economic downturn impacting consumer spending on cannabis.
- Potential for data breaches or cybersecurity incidents.
Competitors and Market Share
Key Competitors
- CRON
- TLRY
- SMG
Competitive Landscape
Forian Inc. faces competition from larger, more established companies. Forian differentiates itself through its specialized focus on cannabis and hemp.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been volatile due to the evolving cannabis industry and associated regulatory uncertainties.
Future Projections: Analyst projections suggest revenue growth in the coming years as the cannabis market expands.
Recent Initiatives: Recent initiatives include expanding the data analytics platform and forming partnerships with cannabis companies.
Summary
Forian Inc. is a niche company focused on the cannabis and hemp industries. It faces growth challenges, given it's smaller size relative to its competitors and the uncertainty of the Cannabis markets. It needs to keep an eye on evolving regulatory challenges to the industry and focus on profitable business sectors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Market Research Reports
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Forian Inc
Exchange NASDAQ | Headquaters Newtown, PA, United States | ||
IPO Launch date 2021-03-03 | Co-Founder, CEO, President & Executive Chairman of the Board Mr. Max C. Wygod | ||
Sector Healthcare | Industry Health Information Services | Full time employees 47 | Website https://forian.com |
Full time employees 47 | Website https://forian.com | ||
Forian Inc. provides a suite of data management capabilities, and information and analytics solutions to optimize and measure operational, clinical, and financial performance for customers in the life science, healthcare, and financial services industries. It develops commercial, real world evidence (RWE), and market access solutions and proprietary data-driven insights, as well as offers data management solutions. The company's subscription and services-based solutions cover the life sciences, pharmaceutical services, healthcare payer, and provider and financial services industries. Forian Inc. was founded in 2020 and is headquartered in Newtown, Pennsylvania.
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