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FWDI
(NASDAQ)
Forward Industries, Inc.
$4.29-- (--)
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Forward Industries (FWDI) Income Statement

Revenue, expenses, profit margins, and earnings with annual and quarterly data.

Forward Industries Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Forward Industries, Inc. income statement - Annual data in millions USD
BreakdownFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Period EndingSep 2025Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017
Revenue & Gross Profit
Revenue18.1919.9972.7538.2139.0234.4837.4134.5024.76
Cost of Revenue13.0014.8143.8729.4130.8927.8430.8327.9320.57
Gross Profit5.195.188.368.808.136.646.586.574.19
Operating Expenses
Research & Development0.000.000.000.000.000.000.000.000.00
Selling, General & Administrative10.637.138.208.218.907.619.686.313.59
Operating Expenses11.567.138.208.218.907.619.686.313.59
Operating Income-6.37-1.950.160.59-0.77-0.97-3.100.260.60
Other Income/Expense
Interest Income0.070.080.02-0.120.090.060.000.000.00
Interest Expense0.050.06-0.100.120.170.170.200.120.00
Other Income/Expense-162.72-0.210.03-0.011.290.22-0.510.37-0.02
Income
Income Before Tax-169.07-2.140.180.450.52-1.77-3.610.630.58
Income Tax Expense0.020.020.020.000.000.010.00-0.750.00
Net Income-166.97-1.95-3.74-1.380.52-1.78-3.601.380.58
Net Income - Continuous Operations-169.09-2.17-3.740.450.52-1.78-3.601.380.58
Net Income - Discontinued Operations2.110.22-3.90-1.830.000.000.000.000.00
EBITDA-168.69-1.750.480.891.02-1.32-3.100.780.64
EBIT-169.02-2.080.160.58-0.760.000.000.000.00
Depreciation & Amortization0.330.330.320.310.330.270.310.230.02
Earnings Per Share
Basic EPS-25.00-2.00-3.00-1.001.00-2.00-4.002.001.00
Diluted EPS-25.00-2.00-3.00-1.001.00-2.00-4.002.001.00
Basic Shares Outstanding6.791.101.101.011.000.960.950.930.87
Diluted Shares Outstanding6.791.101.101.021.040.960.950.940.88

Frequently Asked Questions About Forward Industries Financial Statements

What is an income statement?

An income statement shows a company's revenues, expenses, and net income over a specific period. It reveals profitability by starting with revenue and subtracting costs to arrive at net income — the "bottom line" that shows how much the company earned.

What is FWDI's revenue trend?

Review Forward Industries's quarterly and annual revenue figures in the income statement table above to identify growth trends, seasonal patterns, and year-over-year changes.

What is gross margin?

Gross margin is revenue minus cost of goods sold, expressed as a percentage. It shows how efficiently a company produces its goods or services. Higher gross margins indicate stronger pricing power and lower production costs.

What is operating income?

Operating income (EBIT) is revenue minus operating expenses, excluding interest and taxes. It measures a company's core business profitability before financing costs and tax effects, making it useful for comparing companies with different capital structures.

What is earnings per share (EPS)?

EPS divides net income by outstanding shares, showing the profit attributable to each share. Diluted EPS includes potential shares from stock options and convertible securities, providing a more conservative measure of per-share earnings.