Forian(US:FORA)2025-05-16 11:38Financial Performance - Q1 2025 - Revenue increased by $2.2 million, representing a 45% increase compared to Q1 2024[9], with total revenue reaching $7.056 million[6, 31] - The Kyber acquisition contributed $1.7 million, accounting for 35% of the revenue increase[9] - Internal growth accounted for $0.5 million, representing 10% of the revenue increase[9] - Net loss decreased by 7%, from $(1.213) million in Q1 2024 to $(1.126) million in Q1 2025[6] - Adjusted EBITDA was marginally negative at $(51) thousand, a -149% change from $104 thousand in Q1 2024[6, 31] Balance Sheet - Cash and equivalents increased to $35.666 million as of March 31, 2025[20] - Net working capital remained relatively stable at $27.829 million as of March 31, 2025[20] Full Year 2025 Outlook - The company expects full-year 2025 revenue to be between $28 million and $30 million[21] - This represents a 39% to 49% increase over the 2024 revenue of $20.2 million[21] - Adjusted EBITDA is expected to be between $(1.0) million and $1.0 million for the full year 2025[21]