Forward Industries, Inc.

FORD · NASDAQ
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6/30/2025
3/31/2025
12/31/2024
9/30/2024
Revenue$2,495$3,123$6,616$7,326
% Growth-20.1%-52.8%-9.7%
Cost of Goods Sold$3,116$3,302$5,115$5,974
Gross Profit-$621-$179$1,501$1,406
% Margin-24.9%-5.7%22.7%19.2%
R&D Expenses$0$0$0$0
G&A Expenses$1,799$1,495$1,680$1,448
SG&A Expenses$1,939$1,643$1,984$1,783
Sales & Mktg Exp.$140$148$305$336
Other Operating Expenses$0$0$225$200
Operating Expenses$1,939$1,643$2,209$1,983
Operating Income-$2,560-$1,822-$708-$631
% Margin-102.6%-58.3%-10.7%-8.6%
Other Income/Exp. Net$155-$0$0$10
Pre-Tax Income-$2,404-$1,822-$708-$621
Tax Expense$0$0$0$23
Net Income-$850-$1,452-$708-$644
% Margin-34.1%-46.5%-10.7%-8.8%
EPS-0.77-1.32-0.64-0.58
% Growth41.7%-106.3%-10.3%
EPS Diluted-0.77-1.32-0.64-0.58
Weighted Avg Shares Out1,1141,1011,1011,101
Weighted Avg Shares Out Dil1,1141,1011,1011,101
Supplemental Information
Interest Income$7$13$16$23
Interest Expense$12$12$12$12
Depreciation & Amortization$83$83$84$84
EBITDA-$2,309-$1,728-$612-$525
% Margin-92.6%-55.3%-9.3%-7.2%