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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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.

Forian Inc. reports steady Q3 performance and acquires Kyber Data Science

Forian Inc. demonstrates resilience with steady financial performance and strategic acquisitions to bolster its market position and data analytics capabilities.
Challenges from past customer losses and data disruptions are being addressed through ongoing efforts, while opportunities for growth and innovation are actively pursued.
Investors should note Forian's commitment to enhancing shareholder value through strategic initiatives and its confidence in maintaining competitiveness in the market.

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NEWTOWN, PA, March 14, 2023 (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 2022 financial results on Monday, March 27, 2023, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on March 27, 2023 to discuss the results.

Forian Inc. to Announce Fourth Quarter and Full Year 2022 Results on March 27, 2023

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, 2022 ("2022"). “Despite all of the economic uncertainty, VerticalScope had a solid year in 2022.

VerticalScope Announces Fourth Quarter and Full Year 2022 Financial Results

Forian Inc. FORA, -1.58% said it's selling its cannabis software unit Bio-Tech Medical Software Inc., which does business as BioTrack, for $30 million to buyer Alleaves Inc., a venture capital-backed company that focuses on enterprise resource planning (ERP) software for the cannabis business. Forian will instead focus on its healthcare information business, with Forian CEO Daniel Barton stepping down and being replaced on an interim basis by chairman and co-founder Max Wygod, the company said Monday.

Forian sells cannabis software unit BioTrack to venture capital-backed Alleaves

NEWTOWN, PA and DEERFIELD BEACH, FL, Feb. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Forian Inc. (Nasdaq: FORA), a provider of technology, analytics and data science driven solutions, today announced the sale of Forian's cannabis software subsidiary, Bio-Tech Medical Software, Inc. (d/b/a BioTrack), to Alleaves, Inc., a provider of ERP software solutions to the cannabis industry, effective February 10, 2023, for a total purchase price of $30 million in cash, comprised of $20 million paid at closing and $10 million paid in twelve required equal monthly installments, subject to any working capital adjustments. Forian will retain a license to certain cannabinoid-based data to enhance its healthcare information offerings. As a result of the transaction, Forian will focus on its healthcare information business and will no longer provide software solutions to the cannabis industry.

Forian Announces the Sale of BioTrack to Alleaves

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Announces Changes to the Board and Appointment of Rob Laidlaw as Chair

VerticalScope Announces Changes to the Board and Appointment of Rob Laidlaw as Chair

TORONTO--( BUSINESS WIRE )--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 a reduction in its workforce of approximately 60 employees, representing 22% of the Company's total employee base. This reduction aligns VerticalScope's talent with its most important growth initiatives, reduces its expense structure and best positions the Company to navigate the current economic environment.

VerticalScope Announces Organizational Changes and Reports Preliminary Unaudited Fourth Quarter and Full Year 2022 Results

TORONTO--( BUSINESS WIRE )--VerticalScope Holdings Inc. ("VerticalScope" or the “Company”) (TSX: FORA) announced today that the Company's fourth quarter and full year 2022 financial results will be released after the market close on Tuesday, March 7, 2023.

VerticalScope to Announce Fourth Quarter and Full Year 2022 Results

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NEWTOWN, PA, Dec. 20, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (NASDAQ: FORA), a provider of technology, analytics and data science driven solutions for the healthcare and cannabis industries, today announced that New York has selected BioTrack as the track and trace system for the New York Office of Cannabis Management's Cannabis Seed to Sale Tracking System.

New York Selects BioTrack as the State's Cannabis Track and Trace System

Forian Inc. (NASDAQ:FORA ) Q3 2022 Earnings Conference Call November 14, 2022 4:30 PM ET Company Participants Max Wygod - Co-Founder and Executive Chair Daniel Barton - Chief Executive Officer Michael Vesey - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Capital Operator Greetings, and welcome to Forian Inc. Third Quarter 2022 Financial Results Conference Call and Webcast. At this time all participants are in a listen-only mode.

Forian Inc. (FORA) Q3 2022 Earnings Call Transcript

Revenue grows to $7.2  million On track to exceed 2022 revenue guidance

Forian Inc. Announces Third Quarter 2022 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 third quarter (“Q3” or "the quarter") ended September 30, 2022.

VerticalScope Announces Third Quarter 2022 Results

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Updates Time of Third Quarter 2022 Financial Results Conference Call

UPDATED: VerticalScope to Report Third Quarter 2022 Financial Results on November 8, 2022

NEWTOWN, PA, Oct. 31, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq:FORA), a provider of software, data, and analytics-enabled services for the healthcare and cannabis industries, will announce its financial results for the three months ended September 30, 2022 on Monday, November 14, 2022, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on November 14, 2022, to discuss the results.

Forian Inc. to Announce 2022 Third Quarter Results on November 14, 2022

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Report Third Quarter 2022 Financial Results

VerticalScope to Report Third Quarter 2022 Financial Results on November 8, 2022

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope Announces Normal Course Issuer Bid

VerticalScope Announces Normal Course Issuer Bid

Forian Inc. (NASDAQ:FORA ) Q2 2022 Earnings Conference Call August 11, 2022 4:30 PM ET Company Participants Max Wygod - Co-Founder and Executive Chair Daniel Barton - Chief Executive Officer Mick Vesey - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Scott Fortune - ROTH Capital Partners Operator Greetings, and welcome to Forian Inc. Second Quarter 2022 Financial Results Conference Call and Webcast. At this time all participants are in a listen-only mode.

Forian Inc. (FORA) CEO Daniel Barton on Q2 2022 Results - Earnings Call Transcript

Forian Inc. Announces Second Quarter 2022 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 second quarter (“Q2”) ended June 30, 2022. “I am incredibly proud of what our team accomplished this quarter and in our first full year as a public company,” commented Rob Laidlaw, Founder and CEO of VerticalScope. “We have delivered on our

VerticalScope Announces Second Quarter 2022 Results

NEWTOWN, PA, July 21, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Forian Inc. (Nasdaq:FORA), a provider of software, data, and analytics-enabled services for the healthcare and cannabis industries, will announce its financial results for the three months ended June 30, 2022 on Thursday, August 11, 2022 after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on August 11, 2022 to discuss the results.

Forian Inc. to Announce 2022 Second Quarter Results on August 11, 2022

TORONTO--(BUSINESS WIRE)---- $FORA #earnings--VerticalScope to Report Second Quarter 2022 Financial Results

VerticalScope to Report Second Quarter 2022 Financial Results on August 9, 2022

DENVER , June 6, 2022 /PRNewswire/ - BellRock Brands Inc. ("BellRock" or the "Company") (CNSX: BRCK.U), an industry-leading cannabis multi-state house of brands announced today several key changes to management. BellRock announced that Kavi Bhai, BellRock's Chief Financial Officer, is leaving the company.

BellRock Brands Announces Management Change

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Forian Inc. (NASDAQ:FORA ) Q1 2022 Earnings Conference Call May 12, 2022 4:30 PM ET Company Participants Max Wygod - Co-founder and Executive Chair Daniel Barton - Chief Executive Officer Michael Vesey - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Operator Good day and welcome to Forian Inc. First Quarter 2022 Financial Results Conference Call and webcast. At this time all participants are in listen only mode.

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