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Side-by-side financial comparison of Forian Inc. (FORA) and PRECISION OPTICS CORPORATION, INC. (POCI). Click either name above to swap in a different company.

Forian Inc. is the larger business by last-quarter revenue ($8.0M vs $7.4M, roughly 1.1× PRECISION OPTICS CORPORATION, INC.). Forian Inc. runs the higher net margin — -22.9% vs -24.2%, a 1.3% gap on every dollar of revenue. On growth, PRECISION OPTICS CORPORATION, INC. posted the faster year-over-year revenue change (62.8% vs 37.0%). Over the past eight quarters, Forian Inc.'s revenue compounded faster (27.8% CAGR vs 18.5%).

Forian Inc is a specialized healthcare technology and data analytics firm offering SaaS-based real-world evidence solutions, clinical decision support tools, and operational optimization services. It serves biopharmaceutical companies, healthcare providers, and life sciences stakeholders to improve patient outcomes, accelerate research, and boost care delivery efficiency.

Century Precision Optics is an American lens manufacturing firm. It was founded in 1948 in North Hollywood, California as Century Photo Optics. Steven Manios Sr. purchased the company in 1973 and created many of the optics. Century Optics makes a variety of digital, broadcast, projection, and industrial lenses. They have offices in Hauppauge, New York and Van Nuys, California.

FORA vs POCI — Head-to-Head

Bigger by revenue
FORA
FORA
1.1× larger
FORA
$8.0M
$7.4M
POCI
Growing faster (revenue YoY)
POCI
POCI
+25.8% gap
POCI
62.8%
37.0%
FORA
Higher net margin
FORA
FORA
1.3% more per $
FORA
-22.9%
-24.2%
POCI
Faster 2-yr revenue CAGR
FORA
FORA
Annualised
FORA
27.8%
18.5%
POCI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
FORA
FORA
POCI
POCI
Revenue
$8.0M
$7.4M
Net Profit
$-1.8M
$-1.8M
Gross Margin
49.2%
2.8%
Operating Margin
-24.4%
-23.6%
Net Margin
-22.9%
-24.2%
Revenue YoY
37.0%
62.8%
Net Profit YoY
-1012.2%
-83.6%
EPS (diluted)
$-0.06
$-0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FORA
FORA
POCI
POCI
Q4 25
$8.0M
$7.4M
Q3 25
$7.8M
$6.7M
Q2 25
$7.5M
$6.2M
Q1 25
$7.1M
$4.2M
Q4 24
$5.8M
$4.5M
Q3 24
$4.7M
$4.2M
Q2 24
$4.8M
$4.7M
Q1 24
$4.9M
$5.2M
Net Profit
FORA
FORA
POCI
POCI
Q4 25
$-1.8M
$-1.8M
Q3 25
$-151.2K
$-1.6M
Q2 25
$224.8K
$-1.4M
Q1 25
$-1.1M
$-2.1M
Q4 24
$199.7K
$-969.7K
Q3 24
$-204.9K
$-1.3M
Q2 24
$-2.6M
$-1.4M
Q1 24
$-1.2M
$-317.1K
Gross Margin
FORA
FORA
POCI
POCI
Q4 25
49.2%
2.8%
Q3 25
51.6%
14.2%
Q2 25
56.8%
12.9%
Q1 25
55.6%
10.0%
Q4 24
58.3%
23.6%
Q3 24
70.1%
26.6%
Q2 24
62.2%
21.7%
Q1 24
65.1%
35.5%
Operating Margin
FORA
FORA
POCI
POCI
Q4 25
-24.4%
-23.6%
Q3 25
-6.1%
-23.9%
Q2 25
0.6%
-21.9%
Q1 25
-19.8%
-48.7%
Q4 24
-24.9%
-20.1%
Q3 24
-17.0%
-29.7%
Q2 24
-62.2%
-28.8%
Q1 24
-36.3%
-4.9%
Net Margin
FORA
FORA
POCI
POCI
Q4 25
-22.9%
-24.2%
Q3 25
-1.9%
-24.5%
Q2 25
3.0%
-22.7%
Q1 25
-16.0%
-50.1%
Q4 24
3.4%
-21.4%
Q3 24
-4.4%
-31.2%
Q2 24
-53.4%
-29.9%
Q1 24
-24.9%
-6.0%
EPS (diluted)
FORA
FORA
POCI
POCI
Q4 25
$-0.06
$-0.23
Q3 25
$0.00
$-0.21
Q2 25
$0.01
$-0.19
Q1 25
$-0.04
$-0.30
Q4 24
$0.01
$-0.15
Q3 24
$-0.01
$-0.21
Q2 24
$-0.08
$-0.23
Q1 24
$-0.04
$-0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FORA
FORA
POCI
POCI
Cash + ST InvestmentsLiquidity on hand
$31.6M
$881.5K
Total DebtLower is stronger
$1.6M
Stockholders' EquityBook value
$29.8M
$9.3M
Total Assets
$44.1M
$22.9M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORA
FORA
POCI
POCI
Q4 25
$31.6M
$881.5K
Q3 25
$28.2M
$1.4M
Q2 25
$35.6M
$1.8M
Q1 25
$35.7M
$2.5M
Q4 24
$35.1M
$212.4K
Q3 24
$49.4M
$635.6K
Q2 24
$48.0M
$405.3K
Q1 24
$47.4M
$925.1K
Total Debt
FORA
FORA
POCI
POCI
Q4 25
$1.6M
Q3 25
$1.8M
Q2 25
$1.9M
Q1 25
$2.1M
Q4 24
$2.1M
Q3 24
$2.1M
Q2 24
$2.2M
Q1 24
$2.3M
Stockholders' Equity
FORA
FORA
POCI
POCI
Q4 25
$29.8M
$9.3M
Q3 25
$31.1M
$10.9M
Q2 25
$30.9M
$12.3M
Q1 25
$30.0M
$13.2M
Q4 24
$30.1M
$9.5M
Q3 24
$28.4M
$10.1M
Q2 24
$27.2M
$10.1M
Q1 24
$28.1M
$11.3M
Total Assets
FORA
FORA
POCI
POCI
Q4 25
$44.1M
$22.9M
Q3 25
$41.3M
$22.4M
Q2 25
$48.5M
$19.8M
Q1 25
$48.6M
$19.6M
Q4 24
$47.2M
$17.5M
Q3 24
$57.5M
$17.2M
Q2 24
$58.4M
$16.9M
Q1 24
$57.5M
$18.3M
Debt / Equity
FORA
FORA
POCI
POCI
Q4 25
0.17×
Q3 25
0.16×
Q2 25
0.16×
Q1 25
0.16×
Q4 24
0.22×
Q3 24
0.21×
Q2 24
0.22×
Q1 24
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FORA
FORA
POCI
POCI
Operating Cash FlowLast quarter
$3.2M
$-256.1K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORA
FORA
POCI
POCI
Q4 25
$3.2M
$-256.1K
Q3 25
$-439.7K
$78.2K
Q2 25
$-344.5K
$-569.2K
Q1 25
$448.2K
$-1.9M
Q4 24
$1.7M
$-786.8K
Q3 24
$764.1K
$-318.6K
Q2 24
$-23.1K
$-976.0K
Q1 24
$-2.2M
$-214.2K
Free Cash Flow
FORA
FORA
POCI
POCI
Q4 25
Q3 25
Q2 25
$-615.5K
Q1 25
$-2.0M
Q4 24
$-816.6K
Q3 24
$-343.0K
Q2 24
$-987.6K
Q1 24
$-322.7K
FCF Margin
FORA
FORA
POCI
POCI
Q4 25
Q3 25
Q2 25
-10.0%
Q1 25
-47.8%
Q4 24
-18.0%
Q3 24
-8.2%
Q2 24
-20.9%
Q1 24
-6.2%
Capex Intensity
FORA
FORA
POCI
POCI
Q4 25
Q3 25
Q2 25
0.7%
Q1 25
3.0%
Q4 24
0.0%
0.7%
Q3 24
0.0%
0.6%
Q2 24
0.0%
0.2%
Q1 24
0.0%
2.1%
Cash Conversion
FORA
FORA
POCI
POCI
Q4 25
Q3 25
Q2 25
-1.53×
Q1 25
Q4 24
8.76×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FORA
FORA

Financial Services Revenues$7.3M92%
Other$669.0K8%

POCI
POCI

Systems Manufacturing$5.2M70%
Other$1.1M15%
Ross Optical Industries$1.0M14%

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