FWDI
Income statement / Annual
Last year (2025), Forward Industries, Inc.'s total revenue was $18.19 M,
a decrease of 39.77% from the previous year.
In 2025, Forward Industries, Inc.'s net income was -$167.00 M.
See Forward Industries, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
09/30/2025 |
09/30/2024 |
09/30/2023 |
09/30/2022 |
09/30/2021 |
09/30/2020 |
09/30/2019 |
09/30/2018 |
09/30/2017 |
09/30/2016 |
| Operating Revenue |
$18.19 M |
$30.20 M |
$36.69 M |
$42.34 M |
$39.02 M |
$34.48 M |
$37.41 M |
$34.50 M |
$24.76 M |
$27.48 M |
| Cost of Revenue |
$13.00 M
|
$23.99 M
|
$28.32 M
|
$33.97 M
|
$30.89 M
|
$27.84 M
|
$30.83 M
|
$27.93 M
|
$20.57 M
|
$22.40 M
|
| Gross Profit |
$5.19 M
|
$6.21 M
|
$8.36 M
|
$8.37 M
|
$8.13 M
|
$6.64 M
|
$6.58 M
|
$6.57 M
|
$4.19 M
|
$5.08 M
|
| Gross Profit Ratio |
0.29
|
0.21
|
0.23
|
0.2
|
0.21
|
0.19
|
0.18
|
0.19
|
0.17
|
0.18
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$9.60 M
|
$6.52 M
|
$6.54 M
|
$6.75 M
|
$6.40 M
|
$5.66 M
|
$7.71 M
|
$4.53 M
|
$2.09 M
|
$2.57 M
|
| Selling & Marketing Expenses |
$1.03 M
|
$1.42 M
|
$1.66 M
|
$2.85 M
|
$2.50 M
|
$1.95 M
|
$1.97 M
|
$1.78 M
|
$1.50 M
|
$1.89 M
|
| Selling, General & Administrative Expenses |
$10.63 M
|
$7.94 M
|
$8.20 M
|
$9.61 M
|
$8.90 M
|
$7.61 M
|
$9.68 M
|
$6.31 M
|
$3.59 M
|
$4.46 M
|
| Other Expenses |
$0.00
|
$200.00 K
|
$0.00
|
-$12.61 K
|
-$4.57 K
|
-$19.70 K
|
-$49.81 K
|
-$22.89 K
|
$0.00
|
$0.00
|
| Operating Expenses |
$10.63 M
|
$8.14 M
|
$8.20 M
|
$9.61 M
|
$8.90 M
|
$7.61 M
|
$9.68 M
|
$6.31 M
|
$3.59 M
|
$4.46 M
|
| Cost And Expenses |
$23.63 M
|
$32.13 M
|
$36.53 M
|
$43.58 M
|
$39.79 M
|
$35.45 M
|
$40.51 M
|
$34.24 M
|
$24.17 M
|
$26.86 M
|
| Interest Income |
-$70.67 K
|
$78.86 K
|
$23.19 K
|
$0.00
|
$88.76 K
|
$60.93 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$49.14 K
|
$62.66 K
|
$104.20 K
|
$123.41 K
|
$171.96 K
|
$174.96 K
|
$201.00 K
|
$115.45 K
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$0.00
|
$332.66 K
|
$315.94 K
|
$309.24 K
|
$327.29 K
|
$271.97 K
|
$311.00 K
|
$228.19 K
|
$22.37 K
|
$52.75 K
|
| EBITDA |
-$169.09 M |
-$1.53 M |
$598.81 K |
$897.71 K |
$1.02 M |
-$1.32 M |
-$3.10 M |
$784.84 K |
$639.97 K |
$669.71 K |
| EBITDA Ratio |
-9.3
|
-0.05
|
0.02
|
0.02
|
0.03
|
-0.04
|
-0.08
|
0.02
|
0.03
|
0.02
|
| Operating Income Ratio |
-9.3
|
-0.06
|
0
|
-0.03
|
-0.02
|
-0.03
|
-0.08
|
0.01
|
0.02
|
0.02
|
| Total Other Income/Expenses Net |
$20.40 K
|
$7.89 K
|
$19.01 K
|
$1.69 M
|
$1.29 M
|
$216.27 K
|
-$510.81 K
|
$371.67 K
|
-$19.12 K
|
-$10.39 K
|
| Income Before Tax |
-$169.07 M
|
-$1.92 M
|
$178.66 K
|
$452.45 K
|
$523.81 K
|
-$1.77 M
|
-$3.61 M
|
$632.32 K
|
$579.35 K
|
$606.56 K
|
| Income Before Tax Ratio |
-9.3
|
-0.06
|
0
|
0.01
|
0.01
|
-0.05
|
-0.1
|
0.02
|
0.02
|
0.02
|
| Income Tax Expense |
$20.40 K
|
$22.95 K
|
$20.01 K
|
$2.55 K
|
$0.00
|
$9.17 K
|
-$4.16 K
|
-$747.00 K
|
$0.00
|
$0.00
|
| Net Income |
-$167.00 M
|
-$1.95 M
|
-$3.74 M
|
-$1.38 M
|
$523.81 K
|
-$1.78 M
|
-$3.60 M
|
$1.38 M
|
$579.35 K
|
$606.56 K
|
| Net Income Ratio |
-9.18
|
-0.06
|
-0.1
|
-0.03
|
0.01
|
-0.05
|
-0.1
|
0.04
|
0.02
|
0.02
|
| EPS |
-24.59 |
-1.77 |
-3.7 |
-1.4 |
0.526 |
-1.9 |
-3.8 |
1.5 |
0.7 |
0.7 |
| EPS Diluted |
-24.59 |
-1.77 |
-3.7 |
-1.4 |
0.502 |
-1.9 |
-3.8 |
1.5 |
0.7 |
0.7 |
| Weighted Average Shares Out |
$6.79 M
|
$1.10 M
|
$1.01 M
|
$1.01 M
|
$995.01 K
|
$958.34 K
|
$953.20 K
|
$926.47 K
|
$872.73 K
|
$852.12 K
|
| Weighted Average Shares Out Diluted |
$6.79 M
|
$1.10 M
|
$1.01 M
|
$1.01 M
|
$1.04 M
|
$958.34 K
|
$953.20 K
|
$935.47 K
|
$882.31 K
|
$867.56 K
|
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