Forward Industries, Inc. (FWDI)
NASDAQ: FWDI · Real-Time Price · USD
7.15
+0.01 (0.14%)
Dec 16, 2025, 4:00 PM EST - Market closed

Forward Industries Income Statement

Millions USD. Fiscal year is Oct - Sep.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 20212016 - 2020
Period Ending
Sep '25 Sep '24 Sep '23 Sep '22 Sep '21 2016 - 2020
18.1919.9936.6938.2139.02
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Revenue Growth (YoY)
-9.02%-45.51%-3.98%-2.09%13.18%
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Cost of Revenue
1314.8128.3229.4130.89
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Gross Profit
5.195.188.368.88.13
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Selling, General & Admin
10.637.138.28.218.9
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Other Operating Expenses
0.92----
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Operating Expenses
11.567.138.28.218.9
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Operating Income
-6.37-1.950.160.59-0.76
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Interest Expense
-0.05-0.06-0.1-0.12-0.17
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Interest & Investment Income
0.070.080.02-0.09
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Currency Exchange Gain (Loss)
0.010.010-0.01-0.01
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Other Non Operating Income (Expenses)
-160.7-0.020.0300
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EBT Excluding Unusual Items
-167.04-1.940.110.45-0.85
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Impairment of Goodwill
-2.03-0.2---
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Other Unusual Items
--0.07-1.38
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Pretax Income
-169.07-2.140.180.450.52
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Income Tax Expense
0.020.020.020-
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Earnings From Continuing Operations
-169.09-2.170.160.450.52
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Earnings From Discontinued Operations
2.110.22-3.9-1.83-
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Net Income
-166.97-1.95-3.74-1.380.52
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Preferred Dividends & Other Adjustments
0.03----
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Net Income to Common
-167-1.95-3.74-1.380.52
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Shares Outstanding (Basic)
71111
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Shares Outstanding (Diluted)
71111
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Shares Change (YoY)
516.78%-7.94%-2.32%8.97%
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EPS (Basic)
-24.59-1.77-3.39-1.370.53
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EPS (Diluted)
-24.59-1.77-3.40-1.390.50
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Free Cash Flow
-4.530.450.91.37-0.6
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Free Cash Flow Per Share
-0.670.410.821.34-0.57
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Gross Margin
28.54%25.93%22.80%23.03%20.85%
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Operating Margin
-35.00%-9.76%0.43%1.54%-1.96%
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Profit Margin
-918.23%-9.76%-10.18%-3.61%1.34%
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Free Cash Flow Margin
-24.89%2.27%2.47%3.57%-1.53%
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EBITDA
-6.03-1.620.480.9-0.44
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EBITDA Margin
-33.18%-8.10%1.30%2.35%-1.12%
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D&A For EBITDA
0.330.330.320.310.33
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EBIT
-6.37-1.950.160.59-0.76
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EBIT Margin
-35.00%-9.76%0.43%1.54%-1.96%
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Effective Tax Rate
--11.20%0.56%-
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Revenue as Reported
--36.69--
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Source: S&P Global Market Intelligence. Standard template. Financial Sources.