FWDI
Forward Industries, Inc.
NASDAQ · Consumer Cyclical · Apparel - Footwear & Accessories · US
$6.31
−5.54%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 53.1M | 18.2M | 30.2M | 36.7M | 38.2M |
| Cost of Revenue | 15.6M | 13.0M | 24.0M | 28.3M | 29.4M |
| Gross Profit | 37.5M | 5.2M | 6.2M | 8.4M | 8.8M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 14.9M | 10.6M | 7.9M | 8.2M | 8.2M |
| General & Admin Expense | 12.5M | 9.6M | 6.5M | 6.5M | 6.7M |
| Selling & Marketing Expense | 2.3M | 1.0M | 1.4M | 1.7M | 1.5M |
| Other Expenses | 82.1M | 923.5K | 200.0K | — | — |
| Total Operating Expenses | 97.0M | 11.6M | 8.1M | 8.2M | 8.2M |
| Cost and Expenses | 112.6M | 24.6M | 32.1M | 36.5M | 37.6M |
| Operating Income (EBIT) | (59.5M) | (6.4M) | (1.9M) | 159.7K | 588.5K |
| Non-Operating | |||||
| Interest Income | 975.3K | 70.7K | 78.9K | 23.2K | — |
| Interest Expense | 589.4K | 49.1K | 62.7K | 104.2K | 123.4K |
| Net Interest Income | 386.0K | 21.5K | 16.2K | (81.0K) | (123.4K) |
| Other Non-Op Income/Expense | (1.0B) | (162.7M) | 7.9K | 19.0K | (136.0K) |
| Non-Operating Income (excl Interest) | 449.4M | 162.7M | (70.5K) | (123.2K) | 12.6K |
| EBT (Pre-Tax Income) | (1.1B) | (169.1M) | (1.9M) | 178.7K | 452.4K |
| Income Tax Expense | 100.7K | 20.4K | 22.9K | 20.0K | 2.6K |
| Bottom Line | |||||
| Net Income | (1.1B) | (167.0M) | (2.0M) | (3.7M) | (1.4M) |
| Earnings from Cont. Ops | (1.1B) | (169.1M) | (1.9M) | 158.7K | 449.9K |
| Earnings from Discont. Ops | — | 2.1M | (3.0K) | (3.9M) | (1.8M) |
| Bottom Line Net Income | (1.1B) | (167.0M) | (2.0M) | (3.7M) | (1.4M) |
| Per Share | |||||
| Basic EPS | ($11.88) | ($2.46) | ($0.18) | ($0.37) | ($0.14) |
| Diluted EPS | ($11.88) | ($2.46) | ($0.18) | ($0.37) | ($0.14) |
| Revenue Per Share | $0.61 | $0.27 | $2.74 | $3.65 | $3.80 |
| Shares | |||||
| Basic Shares Outstanding | 86.7M | 67.9M | 11.0M | 10.1M | 10.1M |
| Diluted Shares Outstanding | 86.7M | 67.9M | 11.0M | 10.1M | 10.1M |
| Profitability Metrics | |||||
| EBITDA | (508.8M) | (168.7M) | (1.5M) | 598.8K | 885.1K |
| D&A | 152.4K | 332.2K | 332.7K | 315.9K | 309.2K |
| EBIT | (508.9M) | (169.0M) | (1.9M) | 282.9K | 575.9K |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026