vs

Side-by-side financial comparison of Forian Inc. (FORA) and UNION BANKSHARES INC (UNB). Click either name above to swap in a different company.

UNION BANKSHARES INC is the larger business by last-quarter revenue ($14.1M vs $8.0M, roughly 1.8× Forian Inc.). On growth, Forian Inc. posted the faster year-over-year revenue change (37.0% vs 6.3%). Over the past eight quarters, Forian Inc.'s revenue compounded faster (27.8% CAGR vs 10.2%).

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.

Atlantic Union Bankshares Corporation is a bank holding company based in Richmond, Virginia and is the parent company of Atlantic Union Bank, a regional bank. It operates 129 branches in Virginia, Maryland, and North Carolina and is the largest bank headquartered in Virginia. It is on the list of largest banks in the United States.

FORA vs UNB — Head-to-Head

Bigger by revenue
UNB
UNB
1.8× larger
UNB
$14.1M
$8.0M
FORA
Growing faster (revenue YoY)
FORA
FORA
+30.7% gap
FORA
37.0%
6.3%
UNB
Faster 2-yr revenue CAGR
FORA
FORA
Annualised
FORA
27.8%
10.2%
UNB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FORA
FORA
UNB
UNB
Revenue
$8.0M
$14.1M
Net Profit
$-1.8M
Gross Margin
49.2%
Operating Margin
-24.4%
Net Margin
-22.9%
Revenue YoY
37.0%
6.3%
Net Profit YoY
-1012.2%
EPS (diluted)
$-0.06
$0.59

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
UNB
UNB
Q4 25
$8.0M
$14.1M
Q3 25
$7.8M
$14.5M
Q2 25
$7.5M
$13.2M
Q1 25
$7.1M
$12.7M
Q4 24
$5.8M
$13.2M
Q3 24
$4.7M
$11.0M
Q2 24
$4.8M
$12.2M
Q1 24
$4.9M
$11.6M
Net Profit
FORA
FORA
UNB
UNB
Q4 25
$-1.8M
Q3 25
$-151.2K
$3.4M
Q2 25
$224.8K
$2.4M
Q1 25
$-1.1M
$2.5M
Q4 24
$199.7K
Q3 24
$-204.9K
$1.3M
Q2 24
$-2.6M
$2.0M
Q1 24
$-1.2M
$2.4M
Gross Margin
FORA
FORA
UNB
UNB
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%
Operating Margin
FORA
FORA
UNB
UNB
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%
Net Margin
FORA
FORA
UNB
UNB
Q4 25
-22.9%
Q3 25
-1.9%
23.7%
Q2 25
3.0%
18.1%
Q1 25
-16.0%
19.7%
Q4 24
3.4%
Q3 24
-4.4%
12.0%
Q2 24
-53.4%
16.5%
Q1 24
-24.9%
20.9%
EPS (diluted)
FORA
FORA
UNB
UNB
Q4 25
$-0.06
$0.59
Q3 25
$0.00
$0.75
Q2 25
$0.01
$0.52
Q1 25
$-0.04
$0.55
Q4 24
$0.01
$0.65
Q3 24
$-0.01
$0.29
Q2 24
$-0.08
$0.45
Q1 24
$-0.04
$0.53

Balance Sheet & Financial Strength

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

Metric
FORA
FORA
UNB
UNB
Cash + ST InvestmentsLiquidity on hand
$31.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$29.8M
$80.9M
Total Assets
$44.1M
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORA
FORA
UNB
UNB
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
UNB
UNB
Q4 25
$29.8M
$80.9M
Q3 25
$31.1M
$77.7M
Q2 25
$30.9M
$71.3M
Q1 25
$30.0M
$70.1M
Q4 24
$30.1M
$66.5M
Q3 24
$28.4M
$72.3M
Q2 24
$27.2M
$64.0M
Q1 24
$28.1M
$63.8M
Total Assets
FORA
FORA
UNB
UNB
Q4 25
$44.1M
$1.6B
Q3 25
$41.3M
$1.6B
Q2 25
$48.5M
$1.5B
Q1 25
$48.6M
$1.5B
Q4 24
$47.2M
$1.5B
Q3 24
$57.5M
$1.5B
Q2 24
$58.4M
$1.4B
Q1 24
$57.5M
$1.4B

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
UNB
UNB
Operating Cash FlowLast quarter
$3.2M
$17.2M
Free Cash FlowOCF − Capex
$16.0M
FCF MarginFCF / Revenue
113.6%
Capex IntensityCapex / Revenue
8.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$29.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORA
FORA
UNB
UNB
Q4 25
$3.2M
$17.2M
Q3 25
$-439.7K
$9.7M
Q2 25
$-344.5K
$288.0K
Q1 25
$448.2K
$4.1M
Q4 24
$1.7M
$12.2M
Q3 24
$764.1K
$1.3M
Q2 24
$-23.1K
$3.3M
Q1 24
$-2.2M
$1.9M
Free Cash Flow
FORA
FORA
UNB
UNB
Q4 25
$16.0M
Q3 25
$9.6M
Q2 25
$-381.0K
Q1 25
$3.9M
Q4 24
$11.1M
Q3 24
$1.1M
Q2 24
$2.9M
Q1 24
$1.5M
FCF Margin
FORA
FORA
UNB
UNB
Q4 25
113.6%
Q3 25
65.9%
Q2 25
-2.9%
Q1 25
30.8%
Q4 24
83.8%
Q3 24
9.7%
Q2 24
23.8%
Q1 24
12.8%
Capex Intensity
FORA
FORA
UNB
UNB
Q4 25
8.9%
Q3 25
1.1%
Q2 25
5.1%
Q1 25
1.1%
Q4 24
0.0%
8.1%
Q3 24
0.0%
1.9%
Q2 24
0.0%
2.7%
Q1 24
0.0%
3.3%
Cash Conversion
FORA
FORA
UNB
UNB
Q4 25
Q3 25
2.83×
Q2 25
-1.53×
0.12×
Q1 25
1.62×
Q4 24
8.76×
Q3 24
0.97×
Q2 24
1.61×
Q1 24
0.77×

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%

UNB
UNB

Segment breakdown not available.

Related Comparisons