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Side-by-side financial comparison of Forian Inc. (FORA) and Silence Therapeutics plc (SLN). Click either name above to swap in a different company.

Silence Therapeutics plc is the larger business by last-quarter revenue ($15.7M vs $8.0M, roughly 2.0× Forian Inc.). Silence Therapeutics plc runs the higher net margin — -14.7% vs -22.9%, a 8.2% gap on every dollar of revenue.

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.

Silence Therapeutics is a London-based pharmaceutical company formed in 1994. The company has pioneered the development of short-interfering ribonucleic acid (siRNA) therapeutics for the treatment of rare diseases. Silence Therapeutics has offices in London, New Jersey, and Berlin, with its corporate headquarters located in Hammersmith, London.

FORA vs SLN — Head-to-Head

Bigger by revenue
SLN
SLN
2.0× larger
SLN
$15.7M
$8.0M
FORA
Higher net margin
SLN
SLN
8.2% more per $
SLN
-14.7%
-22.9%
FORA

Income Statement — Q4 FY2025 vs Q1 FY2024

Metric
FORA
FORA
SLN
SLN
Revenue
$8.0M
$15.7M
Net Profit
$-1.8M
$-2.3M
Gross Margin
49.2%
82.2%
Operating Margin
-24.4%
-35.6%
Net Margin
-22.9%
-14.7%
Revenue YoY
37.0%
Net Profit YoY
-1012.2%
EPS (diluted)
$-0.06
$-0.02

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
SLN
SLN
Q4 25
$8.0M
Q3 25
$7.8M
Q2 25
$7.5M
Q1 25
$7.1M
Q4 24
$5.8M
Q3 24
$4.7M
Q2 24
$4.8M
Q1 24
$4.9M
$15.7M
Net Profit
FORA
FORA
SLN
SLN
Q4 25
$-1.8M
Q3 25
$-151.2K
Q2 25
$224.8K
Q1 25
$-1.1M
Q4 24
$199.7K
Q3 24
$-204.9K
Q2 24
$-2.6M
Q1 24
$-1.2M
$-2.3M
Gross Margin
FORA
FORA
SLN
SLN
Q4 25
49.2%
Q3 25
51.6%
Q2 25
56.8%
Q1 25
55.6%
Q4 24
58.3%
Q3 24
70.1%
Q2 24
62.2%
Q1 24
65.1%
82.2%
Operating Margin
FORA
FORA
SLN
SLN
Q4 25
-24.4%
Q3 25
-6.1%
Q2 25
0.6%
Q1 25
-19.8%
Q4 24
-24.9%
Q3 24
-17.0%
Q2 24
-62.2%
Q1 24
-36.3%
-35.6%
Net Margin
FORA
FORA
SLN
SLN
Q4 25
-22.9%
Q3 25
-1.9%
Q2 25
3.0%
Q1 25
-16.0%
Q4 24
3.4%
Q3 24
-4.4%
Q2 24
-53.4%
Q1 24
-24.9%
-14.7%
EPS (diluted)
FORA
FORA
SLN
SLN
Q4 25
$-0.06
Q3 25
$0.00
Q2 25
$0.01
Q1 25
$-0.04
Q4 24
$0.01
Q3 24
$-0.01
Q2 24
$-0.08
Q1 24
$-0.04
$-0.02

Balance Sheet & Financial Strength

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

Metric
FORA
FORA
SLN
SLN
Cash + ST InvestmentsLiquidity on hand
$31.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$29.8M
$156.8M
Total Assets
$44.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORA
FORA
SLN
SLN
Q4 25
$31.6M
Q3 25
$28.2M
Q2 25
$35.6M
Q1 25
$35.7M
Q4 24
$35.1M
Q3 24
$49.4M
Q2 24
$48.0M
Q1 24
$47.4M
Stockholders' Equity
FORA
FORA
SLN
SLN
Q4 25
$29.8M
Q3 25
$31.1M
Q2 25
$30.9M
Q1 25
$30.0M
Q4 24
$30.1M
Q3 24
$28.4M
Q2 24
$27.2M
Q1 24
$28.1M
$156.8M
Total Assets
FORA
FORA
SLN
SLN
Q4 25
$44.1M
Q3 25
$41.3M
Q2 25
$48.5M
Q1 25
$48.6M
Q4 24
$47.2M
Q3 24
$57.5M
Q2 24
$58.4M
Q1 24
$57.5M

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
SLN
SLN
Operating Cash FlowLast quarter
$3.2M
$-9.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORA
FORA
SLN
SLN
Q4 25
$3.2M
Q3 25
$-439.7K
Q2 25
$-344.5K
Q1 25
$448.2K
Q4 24
$1.7M
Q3 24
$764.1K
Q2 24
$-23.1K
Q1 24
$-2.2M
$-9.1M
Capex Intensity
FORA
FORA
SLN
SLN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
0.0%
Cash Conversion
FORA
FORA
SLN
SLN
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%

SLN
SLN

Segment breakdown not available.

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