Forward Industries, Inc.

FORD · NASDAQ
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9/30/2025
9/30/2024
9/30/2023
9/30/2022
Revenue$18,188$30,195$36,688$42,337
% Growth-39.8%-17.7%-13.3%
Cost of Goods Sold$12,996$23,987$28,324$33,969
Gross Profit$5,191$6,209$8,364$8,368
% Margin28.5%20.6%22.8%19.8%
R&D Expenses$0$0$0$0
G&A Expenses$9,604$6,516$6,541$6,753
SG&A Expenses$10,634$7,941$8,205$9,608
Sales & Mktg Exp.$1,029$1,425$1,664$2,855
Other Operating Expenses$0$200$0-$13
Operating Expenses$10,634$8,141$8,205$9,608
Operating Income-$169,089-$1,932$160-$1,240
% Margin-929.7%-6.4%0.4%-2.9%
Other Income/Exp. Net$20$8$19$1,692
Pre-Tax Income-$169,069-$1,925$179$452
Tax Expense$20$23$20$3
Net Income-$167,004-$1,951-$3,737-$1,378
% Margin-918.2%-6.5%-10.2%-3.3%
EPS-24.59-1.77-3.7-1.4
% Growth-1,289.3%52.2%-164.3%
EPS Diluted-24.59-1.77-3.7-1.4
Weighted Avg Shares Out6,7911,1011,0061,006
Weighted Avg Shares Out Dil6,7911,1011,0061,006
Supplemental Information
Interest Income-$71$79$23$0
Interest Expense$49$63$104$123
Depreciation & Amortization$0$333$316$309
EBITDA-$169,089-$1,529$599$898
% Margin-929.7%-5.1%1.6%2.1%
Forward Industries, Inc. (FORD) Financial Statements & Key Stats | AlphaPilot