Forward Industries, Inc. financial data

Symbol
FORD on Nasdaq
Location
700 Veterans Memorial Hwy, Suite 100, Hauppauge, NY
Fiscal year end
September 30
Latest financial report
8-K - Q4 2024 - Sep 16, 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 -29.9 % -49.5%
Operating Margin -40 % -171%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.72M shares +56%
Common Stock, Shares, Outstanding 1.13M shares +2.26%
Entity Public Float 4.8M USD -38.5%
Common Stock, Value, Issued 1M USD
Weighted Average Number of Shares Outstanding, Basic 1.11M shares +1.14%
Weighted Average Number of Shares Outstanding, Diluted 1.11M shares +1.14%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 15M USD +53.9%
Cost of Revenue 13.5M USD +194%
Selling and Marketing Expense 614K USD +180%
General and Administrative Expense 6.39M USD +0.55%
Operating Income (Loss) -5.99M USD -317%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.82M USD -312%
Income Tax Expense (Benefit) 22.9K USD +14.7%
Net Income (Loss) Attributable to Parent -3.65M 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 1.19M USD -81.6%
Inventory, Net 753K USD +85.8%
Assets, Current 3.57M USD -63.4%
Property, Plant and Equipment, Net 154K USD -34.4%
Operating Lease, Right-of-Use Asset 2.42M USD -10.5%
Intangible Assets, Net (Excluding Goodwill) 521K USD -29%
Goodwill 1.33M USD -24.2%
Other Assets, Noncurrent 304K USD +342%
Assets 8.29M USD -45.5%
Accounts Payable, Current 209K USD +44.5%
Accrued Liabilities, Current 311K USD
Liabilities, Current 2.35M USD -79.2%
Operating Lease, Liability, Noncurrent 2.19M USD -13.7%
Liabilities 4.94M USD -64.3%
Retained Earnings (Accumulated Deficit) -22.6M USD -19.2%
Stockholders' Equity Attributable to Parent 3.35M USD +141%
Liabilities and Equity 8.29M USD -45.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -434K USD -362%
Net Cash Provided by (Used in) Financing Activities 0 USD
Net Cash Provided by (Used in) Investing Activities -5.42K USD +72.2%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 1.13M shares +2.26%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.26M USD -45.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12K USD -37%
Deferred Tax Assets, Valuation Allowance 4.31M USD +5%
Deferred Tax Assets, Gross 5.07M USD -0.32%
Operating Lease, Liability 2.66M USD -9.58%
Payments to Acquire Property, Plant, and Equipment 5.42K USD -72.2%
Lessee, Operating Lease, Liability, to be Paid 3.19M USD -11.9%
Property, Plant and Equipment, Gross 612K USD -14.5%
Operating Lease, Liability, Current 475K USD +15.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 587K USD +5.58%
Lessee, Operating Lease, Liability, to be Paid, Year One 154K USD +1.99%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 524K USD -22%
Lessee, Operating Lease, Liability, to be Paid, Year Three 465K USD -8.82%
Deferred Tax Assets, Operating Loss Carryforwards 3.59M USD +20.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 4M shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 428K USD +2.15%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 213K USD 0%
Depreciation, Depletion and Amortization 83.7K USD +3.15%
Interest Expense 48.1K USD -35.3%