Forian(US:FORA)2025-08-13 20:30Financial Performance - Q2 2025 revenue increased by 56% to $7476000 compared to $4777000 in Q2 2024[6] - Net income for Q2 2025 was $225000, a 109% increase compared to a net loss of $2553000 in Q2 2024[6] - Adjusted EBITDA for Q2 2025 was $591000, a 656% increase compared to $78000 in Q2 2024[6] - For the first six months of 2025, revenue increased by 51% to $14532000 compared to $9654000 in the same period of 2024[6] - Net loss for the first six months of 2025 was $901000, a 76% decrease compared to a net loss of $3766000 in the same period of 2024[6] - Adjusted EBITDA for the first six months of 2025 was $540000, a 196% increase compared to $183000 in the same period of 2024[6] Growth Drivers - The Kyber acquisition contributed $1900000 to revenue growth in Q2 2025 and $3600000 year-to-date[11] - The Kyber acquisition accounted for approximately 39% of the Q2 revenue increase[11] - Internal growth accounted for approximately 17% of the Q2 revenue increase and 13% year-to-date[11] Outlook - The company expects full year 2025 revenue to be between $28000000 and $30000000, representing a 39% to 49% increase over 2024 revenue of $20200000[25] - The company expects adjusted EBITDA for full year 2025 to be between ($1000000) and $1000000[25]