Forward Industries (FWDI) Income Statement: Revenue & Earnings

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
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018
Revenue & Gross Profit
Revenue	18.19	19.99	36.69	38.21	39.02	34.48	37.41	34.50
Cost of Revenue	13.00	14.81	28.32	29.41	30.89	27.84	-30.83	27.93
Gross Profit	5.19	5.18	8.36	8.80	8.13	6.64	6.58	6.57
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	10.63	7.13	8.20	8.21	8.90	35.45	9.68	6.31
Operating Expenses	10.63	7.13	8.20	8.21	8.90	35.45	9.69	6.31
Operating Income	-169.09	-1.95	0.16	0.59	-0.76	-1.98	-3.11	0.26
Other Income/Expense
Interest Income	-0.07	0.08	0.02	0.00	0.09	0.00	0.00	0.00
Interest Expense	0.05	-0.06	-0.10	0.12	-0.17	0.00	0.00	0.12
Other Income/Expense	0.02	-0.02	0.03	-0.01	0.00	0.00	0.30	0.49
Income
Income Before Tax	-169.07	-2.14	0.18	0.45	0.52	-1.77	-3.61	0.63
Income Tax Expense	0.02	0.02	0.02	0.00	0.00	0.01	0.00	-0.75
Net Income	-167.00	-1.95	-3.74	-1.38	0.52	-1.78	-3.60	1.38
Net Income - Continuous Operations	-167.00	-2.17	0.16	0.45	0.00	0.00	0.00	0.00
Net Income - Discontinued Operations	2.11	0.22	-3.90	-1.83	0.00	0.00	0.00	0.00
EBITDA	-169.09	-1.62	0.48	0.89	-0.44	-1.32	-3.10	0.98
EBIT	-6.37	-1.95	0.16	0.58	-0.76	-1.59	-3.41	0.75
Depreciation & Amortization	0.00	0.33	0.32	0.31	0.33	0.27	-0.15	0.00
Earnings Per Share
Basic EPS	-25.00	-2.00	-3.00	-1.00	1.00	-	-	-
Diluted EPS	-25.00	-2.00	-3.00	-1.00	1.00	-	-	-
Basic Shares Outstanding	6.79	1.10	1.10	1.01	1.00	9.58	9.53	9.26
Diluted Shares Outstanding	6.79	1.10	1.10	1.02	1.04	9.58	9.53	9.35