Forward Industries, Inc. financial data

Symbol
FORD on Nasdaq
Industry
Plastics Products, NEC
Location
700 Veterans Memorial Hwy, Suite 100, Hauppauge, NY
State of incorporation
NY
Fiscal year end
September 30
Latest financial report
10-Q - Q4 2024 - Feb 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 93.2 % -16.9%
Quick Ratio 4.46 % -65%
Debt-to-equity 598 % +46.5%
Return On Equity -110 % -7.96%
Return On Assets -15.7 % +21.4%
Operating Margin -7.62 % -2701%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.1M shares -89.1%
Common Stock, Shares, Outstanding 1.1M shares -89.1%
Entity Public Float 4.8M USD -38.5%
Weighted Average Number of Shares Outstanding, Basic 1.1M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 1.1M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 29.7M USD -13%
Cost of Revenue 23.6M USD -9.43%
Selling and Marketing Expense 1.36M USD -16.1%
General and Administrative Expense 6.54M USD +0.45%
Operating Income (Loss) -2.26M USD -2337%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.25M USD -1925%
Income Tax Expense (Benefit) 22.9K USD +14.7%
Net Income (Loss) Attributable to Parent -2.3M USD +37%
Earnings Per Share, Basic -2.09 USD/shares +43.1%
Earnings Per Share, Diluted -2.09 USD/shares +43.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 4.86M USD -25.6%
Inventory, Net 753K USD +85.8%
Assets, Current 8.62M USD -17.8%
Property, Plant and Equipment, Net 194K USD -26.9%
Operating Lease, Right-of-Use Asset 2.64M USD -9.48%
Intangible Assets, Net (Excluding Goodwill) 627K USD -25.3%
Goodwill 1.33M USD -24.2%
Other Assets, Noncurrent 72.7K USD +5.75%
Assets 13.5M USD -17.4%
Accounts Payable, Current 195K USD -50.3%
Liabilities, Current 8.79M USD -22.3%
Operating Lease, Liability, Noncurrent 2.43M USD -10.9%
Liabilities 11.2M USD -20.1%
Retained Earnings (Accumulated Deficit) -20.3M USD -12.8%
Stockholders' Equity Attributable to Parent 2.28M USD -1.45%
Liabilities and Equity 13.5M USD -17.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -410K USD -454%
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 1.1M shares -89.1%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.61M USD -13.9%
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 2.88M USD -8.51%
Payments to Acquire Property, Plant, and Equipment 5.42K USD -72.2%
Lessee, Operating Lease, Liability, to be Paid 3.49M USD -10.8%
Property, Plant and Equipment, Gross 636K USD -14.1%
Operating Lease, Liability, Current 455K USD +6.69%
Lessee, Operating Lease, Liability, to be Paid, Year Two 587K USD +5.58%
Lessee, Operating Lease, Liability, to be Paid, Year One 456K USD +2.47%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 605K USD -20.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 464K USD -9.02%
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 83.9K USD +3.04%
Interest Expense 55.6K USD -41.6%