Forian Inc. FORA NASDAQ

Forian Inc. (FORA) generated $3.22M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $0.00, free cash flow was $3.22M.

Free cash flow margin was 40.5% of revenue. Cash conversion ratio was -1.77x, suggesting some earnings are non-cash.

The company returned $172.3K in share buybacks to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (35/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (10/100) — Cash conversion ratio was -1.77x suggests some earnings are non-cash items

Overall SharesGrow Score: 57/100 with 3/7 criteria passed.