vs
Forian Inc.（FORA）与Soluna Holdings, Inc（SLNH）财务数据对比。点击上方公司名可切换其他公司
Soluna Holdings, Inc的季度营收约是Forian Inc.的1.1倍（$8.4M vs $8.0M），Forian Inc.净利率更高（-22.9% vs -284.7%，领先261.8%），Forian Inc.同比增速更快（37.0% vs 11.8%），过去两年Forian Inc.的营收复合增速更高（27.8% vs -8.8%）
Forian Inc是一家专注于医疗健康领域的数据分析与技术服务商，提供SaaS模式的真实世界证据解决方案、临床决策支持工具及运营优化服务，客户覆盖生物制药企业、医疗机构及生命科学领域相关机构，助力提升诊疗效率、推动医学研究进展。
FORA vs SLNH — 直观对比
营收规模更大
SLNH
是对方的1.1倍
$8.0M
营收增速更快
FORA
高出25.2%
11.8%
净利率更高
FORA
高出261.8%
-284.7%
两年增速更快
FORA
近两年复合增速
-8.8%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.0M | $8.4M |
| 净利润 | $-1.8M | $-24.0M |
| 毛利率 | 49.2% | 9.5% |
| 营业利润率 | -24.4% | -92.5% |
| 净利率 | -22.9% | -284.7% |
| 营收同比 | 37.0% | 11.8% |
| 净利润同比 | -1012.2% | -233.2% |
| 每股收益（稀释后） | $-0.06 | $-1.14 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FORASLNH
| Q4 25 | $8.0M | — | ||
| Q3 25 | $7.8M | $8.4M | ||
| Q2 25 | $7.5M | $6.2M | ||
| Q1 25 | $7.1M | $5.9M | ||
| Q4 24 | $5.8M | $8.3M | ||
| Q3 24 | $4.7M | $7.5M | ||
| Q2 24 | $4.8M | $9.7M | ||
| Q1 24 | $4.9M | $12.5M |
净利润FORASLNH
| Q4 25 | $-1.8M | — | ||
| Q3 25 | $-151.2K | $-24.0M | ||
| Q2 25 | $224.8K | $-7.4M | ||
| Q1 25 | $-1.1M | $-7.6M | ||
| Q4 24 | $199.7K | $-40.0M | ||
| Q3 24 | $-204.9K | $-7.2M | ||
| Q2 24 | $-2.6M | $-10.9M | ||
| Q1 24 | $-1.2M | $-5.3M |
毛利率FORASLNH
| Q4 25 | 49.2% | — | ||
| Q3 25 | 51.6% | 9.5% | ||
| Q2 25 | 56.8% | 6.3% | ||
| Q1 25 | 55.6% | 5.7% | ||
| Q4 24 | 58.3% | -360.8% | ||
| Q3 24 | 70.1% | -39.1% | ||
| Q2 24 | 62.2% | 34.6% | ||
| Q1 24 | 65.1% | 45.4% |
营业利润率FORASLNH
| Q4 25 | -24.4% | — | ||
| Q3 25 | -6.1% | -92.5% | ||
| Q2 25 | 0.6% | -107.6% | ||
| Q1 25 | -19.8% | -120.9% | ||
| Q4 24 | -24.9% | -426.0% | ||
| Q3 24 | -17.0% | -119.8% | ||
| Q2 24 | -62.2% | -38.0% | ||
| Q1 24 | -36.3% | 3.2% |
净利率FORASLNH
| Q4 25 | -22.9% | — | ||
| Q3 25 | -1.9% | -284.7% | ||
| Q2 25 | 3.0% | -119.9% | ||
| Q1 25 | -16.0% | -127.3% | ||
| Q4 24 | 3.4% | -483.8% | ||
| Q3 24 | -4.4% | -95.5% | ||
| Q2 24 | -53.4% | -112.4% | ||
| Q1 24 | -24.9% | -41.9% |
每股收益（稀释后）FORASLNH
| Q4 25 | $-0.06 | — | ||
| Q3 25 | $0.00 | $-1.14 | ||
| Q2 25 | $0.01 | $-0.93 | ||
| Q1 25 | $-0.04 | $-1.21 | ||
| Q4 24 | $0.01 | $-7.14 | ||
| Q3 24 | $-0.01 | $-1.56 | ||
| Q2 24 | $-0.08 | $-3.62 | ||
| Q1 24 | $-0.04 | $-2.62 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $31.6M | — |
| 总债务越低越好 | — | $13.3M |
| 股东权益账面价值 | $29.8M | $14.5M |
| 总资产 | $44.1M | $152.0M |
| 负债/权益比越低杠杆越低 | — | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资FORASLNH
| 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 | — |
总债务FORASLNH
| Q4 25 | — | — | ||
| Q3 25 | — | $13.3M | ||
| Q2 25 | — | $10.0M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | — | $7.1M | ||
| Q3 24 | — | $8.1M | ||
| Q2 24 | — | $9.0M | ||
| Q1 24 | — | — |
股东权益FORASLNH
| Q4 25 | $29.8M | — | ||
| Q3 25 | $31.1M | $14.5M | ||
| Q2 25 | $30.9M | $-19.5M | ||
| Q1 25 | $30.0M | $-16.1M | ||
| Q4 24 | $30.1M | $-12.5M | ||
| Q3 24 | $28.4M | $20.9M | ||
| Q2 24 | $27.2M | $24.4M | ||
| Q1 24 | $28.1M | $21.5M |
总资产FORASLNH
| Q4 25 | $44.1M | — | ||
| Q3 25 | $41.3M | $152.0M | ||
| Q2 25 | $48.5M | $92.0M | ||
| Q1 25 | $48.6M | $90.0M | ||
| Q4 24 | $47.2M | $88.0M | ||
| Q3 24 | $57.5M | $97.3M | ||
| Q2 24 | $58.4M | $98.7M | ||
| Q1 24 | $57.5M | $90.6M |
负债/权益比FORASLNH
| Q4 25 | — | — | ||
| Q3 25 | — | 0.92× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $3.2M | $-2.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-6.8M |
| 自由现金流率自由现金流/营收 | — | -81.4% |
| 资本支出强度资本支出/营收 | — | 55.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-34.4M |
8季度趋势，按日历期对齐
经营现金流FORASLNH
| Q4 25 | $3.2M | — | ||
| Q3 25 | $-439.7K | $-2.2M | ||
| Q2 25 | $-344.5K | $-1.1M | ||
| Q1 25 | $448.2K | $-177.0K | ||
| Q4 24 | $1.7M | $-5.1M | ||
| Q3 24 | $764.1K | $61.0K | ||
| Q2 24 | $-23.1K | $-7.3M | ||
| Q1 24 | $-2.2M | $3.9M |
自由现金流FORASLNH
| Q4 25 | — | — | ||
| Q3 25 | — | $-6.8M | ||
| Q2 25 | — | $-9.7M | ||
| Q1 25 | — | $-4.0M | ||
| Q4 24 | — | $-13.9M | ||
| Q3 24 | — | $-3.4M | ||
| Q2 24 | — | $-7.6M | ||
| Q1 24 | — | $3.3M |
自由现金流率FORASLNH
| Q4 25 | — | — | ||
| Q3 25 | — | -81.4% | ||
| Q2 25 | — | -156.8% | ||
| Q1 25 | — | -67.1% | ||
| Q4 24 | — | -168.3% | ||
| Q3 24 | — | -44.8% | ||
| Q2 24 | — | -78.2% | ||
| Q1 24 | — | 26.5% |
资本支出强度FORASLNH
| Q4 25 | — | — | ||
| Q3 25 | — | 55.2% | ||
| Q2 25 | — | 139.0% | ||
| Q1 25 | — | 64.2% | ||
| Q4 24 | 0.0% | 107.0% | ||
| Q3 24 | 0.0% | 45.6% | ||
| Q2 24 | 0.0% | 2.5% | ||
| Q1 24 | 0.0% | 4.2% |
现金转化率FORASLNH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -1.53× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 8.76× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FORA
| Financial Services Revenues | $7.3M | 92% |
| Other | $669.0K | 8% |
SLNH
| Data Hosting Revenue | $5.3M | 62% |
| Cryptocurrency Mining Revenue | $2.8M | 33% |
| Other | $389.0K | 5% |
