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Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
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Forian (FORA) investor relations material
Forian Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary13 Aug, 2025
Executive summary
Q2 2025 revenue rose 56–57% year-over-year to $7.5M, driven by the Kyber Data Science acquisition and organic growth in information products and services.
Net income for Q2 2025 was $224K–$225K, reversing a net loss of $2.5M–$2.6M in Q2 2024.
Adjusted EBITDA for Q2 2025 was $591K–$600K, up from $78K–$100K in the prior year, reflecting improved operational efficiency.
The Kyber acquisition was completed in October 2024, significantly contributing to revenue and product expansion.
Expanded data capabilities and product innovation supported both healthcare and financial services clients.
Financial highlights
Q2 2025 revenue: $7.5M (up from $4.8M in Q2 2024); six-month revenue: $14.5M (up from $9.7M year-over-year).
Net income for the six months ended June 30, 2025 was a loss of $901K, improved from a $3.8M loss in the prior year.
Adjusted EBITDA for the six months ended June 30, 2025 was $540K, up from $183K in the prior year.
Operating income for Q2 2025 was $46K–$50K, compared to a $3.0M loss in Q2 2024.
Adjusted EBITDA margin for Q2 2025 was 7.9%, up from 1.6% in Q2 2024.
Outlook and guidance
Full-year 2025 revenue expected between $28M and $30M, representing 39%–49% growth over 2024.
Adjusted EBITDA guidance for 2025 is ($1.0M) to $1.0M.
Confidence in meeting guidance is tied to successful contract renewals and strategic investments.
Management expects to fund operations and acquisitions through cash flow, available cash, securities, debt, and/or equity.
The company is monitoring vendor changes and plans to license data from additional vendors to mitigate supply risks.
What factors influence hitting 2025 guidance?
Discuss acquisition environment and pipeline.
Impact of AI on data engine's cost side?
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Next Forian earnings date
Q3 202512 Nov, 2025
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Eferix Drawings Google Play
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Frequently asked questions
Forian Inc provides data analytics, software solutions, and services for the healthcare and cannabis industries. Its platforms deliver real-world data insights for pharmaceutical companies, healthcare providers, and cannabis operators. The company is headquartered in Newtown, Pennsylvania, and its shares are listed on the NASDAQ.
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