Forward Industries, Inc. financial data

Symbol
FWDI on Nasdaq
Location
Hauppauge, NY
Fiscal year end
30 September
Latest financial report
8-K - Q4 2024 - 16 Sep 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 109 % +17.8%
Quick Ratio 4.46 % -65%
Debt-to-equity 302 % -56.5%
Return On Equity -120 % +24.3%
Return On Assets -29.89 % -49.5%
Operating Margin -39.95 % -1.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1,718,181 shares +56%
Common Stock, Shares, Outstanding 1,125,998 shares +2.3%
Entity Public Float 4,800,000 USD -38.5%
Common Stock, Value, Issued 1,000,000 USD
Weighted Average Number of Shares Outstanding, Basic 1,113,670 shares +1.1%
Weighted Average Number of Shares Outstanding, Diluted 1,113,670 shares +1.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 14,984,000 USD +53.9%
Cost of Revenue 13,545,923 USD +1.9%
Selling and Marketing Expense 613,983 USD +1.8%
General and Administrative Expense 6,385,144 USD +0.55%
Operating Income (Loss) -5,986,050 USD -3.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5,820,485 USD -3.1%
Income Tax Expense (Benefit) 22,947 USD +14.7%
Net Income (Loss) Attributable to Parent -3,653,266 USD -14%
Earnings Per Share, Basic -3 USD/shares +15.9%
Earnings Per Share, Diluted -3 USD/shares +15.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 1,193,494 USD -81.6%
Inventory, Net 752,973 USD +85.8%
Assets, Current 3,565,097 USD -63.4%
Property, Plant and Equipment, Net 153,855 USD -34.4%
Operating Lease, Right-of-Use Asset 2,417,332 USD -10.5%
Intangible Assets, Net (Excluding Goodwill) 520,818 USD -29%
Goodwill 1,333,682 USD -24.2%
Other Assets, Noncurrent 303,539 USD +3.4%
Assets 8,294,323 USD -45.5%
Accounts Payable, Current 208,811 USD +44.5%
Accrued Liabilities, Current 311,000 USD
Liabilities, Current 2,354,593 USD -79.2%
Operating Lease, Liability, Noncurrent 2,185,877 USD -13.7%
Liabilities 4,943,358 USD -64.3%
Retained Earnings (Accumulated Deficit) -22,646,838 USD -19.2%
Stockholders' Equity Attributable to Parent 3,350,965 USD +1.4%
Liabilities and Equity 8,294,323 USD -45.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -434,283 USD -3.6%
Net Cash Provided by (Used in) Financing Activities 0 USD
Net Cash Provided by (Used in) Investing Activities -5,418 USD +72.2%
Common Stock, Shares Authorized 40,000,000 shares 0%
Common Stock, Shares, Issued 1,125,998 shares +2.3%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1,263,162 USD -45.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 11,967 USD -37%
Deferred Tax Assets, Valuation Allowance 4,307,000 USD +5%
Deferred Tax Assets, Gross 5,065,000 USD -0.32%
Operating Lease, Liability 2,661,000 USD -9.6%
Payments to Acquire Property, Plant, and Equipment 5,418 USD -72.2%
Lessee, Operating Lease, Liability, to be Paid 3,185,000 USD -11.9%
Property, Plant and Equipment, Gross 612,000 USD -14.5%
Operating Lease, Liability, Current 474,799 USD +15.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 587,000 USD +5.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 154,000 USD +2%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 524,000 USD -22%
Lessee, Operating Lease, Liability, to be Paid, Year Three 465,000 USD -8.8%
Deferred Tax Assets, Operating Loss Carryforwards 3,586,000 USD +20.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 4,000,000 shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 428,000 USD +2.1%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 213,000 USD 0%
Depreciation, Depletion and Amortization 83,748 USD +3.1%
Interest Expense 48,132 USD -35.3%