See more : Nordic Nickel Limited (NNL.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Forward Industries, Inc. (FORD) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Forward Industries, Inc., a leading company in the Apparel – Footwear & Accessories industry within the Consumer Cyclical sector.
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Forward Industries, Inc. (FORD)
Industry: Apparel - Footwear & Accessories
Sector: Consumer Cyclical
Website: https://forwardindustries.com
About Forward Industries, Inc.
Forward Industries, Inc., together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for handheld electronic devices. The company operates in three segments: OEM Distribution, Retail Distribution, and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS devices, tablets, and firearms. The Retail Distribution segment sources and sells smart-enabled furniture and a range of other products through agreements with various retailers, including in stores and online retailer websites. The Design segment provides hardware and software product design and engineering services. The company sells its products to original equipment manufacturers in the Asia-Pacific, the Americas, Europe, the Middle East, and Africa. Forward Industries, Inc. was incorporated in 1961 and is headquartered in Hauppauge, New York.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 29.61M | 36.69M | 42.34M | 39.02M | 34.48M | 37.41M | 34.50M | 24.76M | 27.48M | 30.01M | 33.36M | 30.91M | 29.40M | 22.78M | 19.00M | 17.44M | 19.97M | 22.15M | 30.61M | 51.87M | 20.07M | 18.90M | 16.36M | 13.18M | 14.41M | 20.60M | 13.00M | 12.70M | 17.90M | 15.50M |
| Cost of Revenue | 23.40M | 28.32M | 33.97M | 30.89M | 27.84M | 30.83M | 27.93M | 20.57M | 22.40M | 24.22M | 26.81M | 24.53M | 25.43M | 17.71M | 14.76M | 13.86M | 15.95M | 17.35M | 22.77M | 33.28M | 13.29M | 12.78M | 10.73M | 9.04M | 9.78M | 14.20M | 9.10M | 8.10M | 14.60M | 11.90M |
| Gross Profit | 6.21M | 8.36M | 8.37M | 8.13M | 6.64M | 6.58M | 6.57M | 4.19M | 5.08M | 5.79M | 6.55M | 6.38M | 3.97M | 5.06M | 4.23M | 3.58M | 4.03M | 4.80M | 7.83M | 18.59M | 6.78M | 6.12M | 5.63M | 4.13M | 4.63M | 6.40M | 3.90M | 4.60M | 3.30M | 3.60M |
| Gross Profit Ratio | 20.97% | 22.80% | 19.77% | 20.85% | 19.25% | 17.59% | 19.04% | 16.93% | 18.49% | 19.30% | 19.65% | 20.63% | 13.52% | 22.24% | 22.28% | 20.54% | 20.17% | 21.69% | 25.60% | 35.83% | 33.78% | 32.39% | 34.41% | 31.36% | 32.12% | 31.07% | 30.00% | 36.22% | 18.44% | 23.23% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 6.52M | 6.54M | 6.75M | 6.40M | 5.66M | 7.71M | 4.53M | 2.09M | 2.57M | 4.94M | 3.85M | 3.48M | 5.56M | 4.69M | 3.64M | 2.32M | 2.82B | 2.98B | 2.55B | 2.73B | 2.15B | 2.31B | 2.17B | 0.00 | 2.60B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 1.42M | 1.66M | 2.85M | 2.50M | 1.95M | 1.97M | 1.78M | 1.50M | 1.89M | 2.36M | 2.81M | 2.19M | 1.68M | 3.39M | 2.17M | 2.62M | 2.87B | 3.64B | 3.56B | 3.52B | 2.97B | 2.67B | 2.76B | 0.00 | 1.87B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 7.94M | 8.20M | 9.61M | 8.90M | 7.61M | 9.68M | 6.31M | 3.59M | 4.46M | 7.31M | 6.65M | 5.67M | 7.24M | 8.08M | 5.80M | 4.93M | 5.69M | 6.62M | 6.11M | 6.25M | 5.12M | 4.98M | 4.93M | 4.51M | 4.09M | 1.80M | 3.70M | 3.40M | 4.90M | 3.50M |
| Other Expenses | 200.00K | 0.00 | -12.61K | -4.57K | -19.70K | -49.81K | -22.89K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 8.14M | 8.20M | 9.61M | 8.90M | 7.61M | 9.68M | 6.31M | 3.59M | 4.46M | 7.31M | 6.65M | 5.67M | 7.24M | 8.08M | 5.80M | 4.93M | 5.69M | 6.62M | 6.11M | 6.25M | 5.12M | 4.98M | 4.93M | 4.51M | 4.25M | 1.90M | 3.90M | 3.60M | 5.10M | 3.80M |
| Cost & Expenses | 31.35M | 36.53M | 43.58M | 39.79M | 35.45M | 40.51M | 34.24M | 24.17M | 26.86M | 31.53M | 33.46M | 30.20M | 32.67M | 25.79M | 20.57M | 18.79M | 21.64M | 23.97M | 28.88M | 39.53M | 18.41M | 17.76M | 15.66M | 13.55M | 14.03M | 16.10M | 13.00M | 11.70M | 19.70M | 15.70M |
| Interest Income | 78.86K | 23.19K | 123.41K | 88.76K | 60.93K | 201.00K | 0.00 | 0.00 | 0.00 | 3.02K | 33.92K | 4.63K | 61.88K | 107.69K | 42.94K | 284.48K | 625.96M | 1.00B | 0.00 | 130.72M | 18.36M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 62.66K | 104.20K | 123.41K | 171.96K | 174.96K | 201.00K | 115.45K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 332.66K | 315.94K | 309.24K | 327.29K | 271.97K | 311.00K | 228.19K | 22.37K | 52.75K | 53.45K | 64.48K | 75.19K | 103.97K | 74.31K | 53.60K | 75.59K | 64.78K | 89.96K | 102.66K | 123.85K | 118.38K | 133.28K | 128.09K | 136.00K | 154.56K | 100.00K | 200.00K | 200.00K | 200.00K | 300.00K |
| EBITDA | -1.53M | 598.81K | 897.71K | -437.71K | -1.32M | -3.10M | 784.84K | 639.97K | 669.71K | -1.46M | -34.20K | 781.00K | -3.16M | -2.88M | -1.51M | -1.02M | -980.08K | -712.88K | 1.83M | 12.46M | 1.78M | 1.27M | 832.45K | -238.83K | -84.65K | 4.60M | 100.00K | 1.20M | -1.70M | 100.00K |
| EBITDA Ratio | -5.16% | 1.63% | -2.23% | -1.74% | -2.69% | -7.58% | 1.35% | 2.58% | 2.47% | -4.63% | 1.12% | 4.81% | -10.42% | -12.69% | -7.81% | -7.14% | -7.98% | -7.84% | 6.01% | 23.99% | 8.78% | 6.13% | 5.05% | 0.34% | 5.31% | 36.89% | 4.62% | 11.81% | -9.50% | 1.29% |
| Operating Income | -1.93M | 159.66K | -1.24M | -765.00K | -967.38K | -3.10M | 260.65K | 598.47K | 616.95K | -1.51M | -98.68K | 705.82K | -3.26M | -3.02M | -1.57M | -1.35M | -1.67M | -1.82M | 1.73M | 12.34M | 1.66M | 1.14M | 704.36K | -374.82K | 382.84K | 4.50M | 400.00K | 1.00M | -1.80M | -200.00K |
| Operating Income Ratio | -6.53% | 0.44% | -2.93% | -1.96% | -2.81% | -8.28% | 0.76% | 2.42% | 2.25% | -5.04% | -0.30% | 2.28% | -11.10% | -13.24% | -8.27% | -7.74% | -8.34% | -8.19% | 5.64% | 23.79% | 8.28% | 6.02% | 4.30% | -2.84% | 2.66% | 21.84% | 3.08% | 7.87% | -10.06% | -1.29% |
| Total Other Income/Expenses | 7.89K | 19.01K | -136.02K | 1.29M | 216.27K | -510.81K | 371.67K | -19.12K | -10.39K | -120.40K | -375.20K | -699.87K | -34.19K | 58.43K | 10.07K | 255.83K | 620.34K | 1.01M | 767.68K | 150.67K | 35.27K | 113.96K | -28.77K | -260.11K | 15.51K | -3.00M | -700.00K | -400.00K | -200.00K | -300.00K |
| Income Before Tax | -1.92M | 178.66K | -1.38M | 523.81K | -1.77M | -3.61M | 632.32K | 579.35K | 606.56K | -1.63M | -473.87K | 5.94K | -3.30M | -2.96M | -1.56M | -1.09M | -1.04M | -802.84K | 2.49M | 12.49M | 1.70M | 1.25M | 675.59K | -634.93K | 147.22K | 1.50M | -800.00K | 600.00K | -2.00M | -500.00K |
| Income Before Tax Ratio | -6.50% | 0.49% | -3.25% | 1.34% | -5.12% | -9.65% | 1.83% | 2.34% | 2.21% | -5.44% | -1.42% | 0.02% | -11.22% | -12.98% | -8.22% | -6.27% | -5.23% | -3.62% | 8.15% | 24.08% | 8.45% | 6.62% | 4.13% | -4.82% | 1.02% | 7.28% | -6.15% | 4.72% | -11.17% | -3.23% |
| Income Tax Expense | 22.95K | 20.01K | 2.55K | -159.90K | 9.17K | -4.16K | -747.00K | 19.12K | 10.39K | -132.01K | 701.23K | 507.00 | 15.11K | -56.05K | 124.03K | 300.50K | -155.62K | -249.38K | 952.00K | 3.05M | -241.98K | -194.20K | -180.00K | 1.34M | 55.13K | 400.00K | 300.00K | 200.00K | -900.00K | -200.00K |
| Net Income | -1.95M | -3.74M | -1.38M | 523.81K | -1.78M | -3.60M | 1.38M | 579.35K | 606.56K | -1.43M | -799.91K | -206.89K | -9.63M | -2.90M | -1.68M | -1.39M | -889.25K | -553.46K | 1.54M | 9.43M | 1.94M | 1.45M | 855.59K | -1.98M | 92.09K | 800.00K | -1.10M | 200.00K | -1.10M | -900.00K |
| Net Income Ratio | -6.59% | -10.18% | -3.26% | 1.34% | -5.15% | -9.63% | 4.00% | 2.34% | 2.21% | -4.78% | -2.40% | -0.67% | -32.77% | -12.73% | -8.87% | -7.99% | -4.45% | -2.50% | 5.04% | 18.19% | 9.66% | 7.65% | 5.23% | -15.02% | 0.64% | 3.88% | -8.46% | 1.57% | -6.15% | -5.81% |
| EPS | -1.77 | -0.37 | -0.14 | 0.05 | -0.19 | -0.38 | 0.15 | 0.07 | 0.07 | -0.17 | -0.10 | -0.03 | -1.19 | -0.36 | -0.21 | -0.18 | -0.11 | -0.07 | 0.20 | 1.37 | 0.32 | 0.25 | 0.15 | -0.33 | -0.05 | 0.14 | -0.23 | 0.04 | -0.48 | -0.56 |
| EPS Diluted | -1.77 | -0.37 | -0.14 | 0.05 | -0.19 | -0.38 | 0.15 | 0.07 | 0.07 | -0.17 | -0.10 | -0.03 | -1.19 | -0.36 | -0.21 | -0.18 | -0.11 | -0.07 | 0.19 | 1.26 | 0.30 | 0.24 | 0.15 | -0.33 | -0.05 | 0.14 | -0.23 | 0.04 | -0.48 | -0.56 |
| Weighted Avg Shares Out | 1.10M | 10.06M | 10.06M | 9.95M | 9.58M | 9.53M | 9.26M | 8.73M | 8.52M | 8.34M | 8.19M | 7.74M | 8.08M | 8.08M | 7.98M | 7.93M | 7.89M | 7.84M | 7.86M | 6.87M | 6.14M | 5.82M | 5.83M | 5.91M | 6.09M | 5.71M | 4.78M | 3.81M | 2.29M | 1.61M |
| Weighted Avg Shares Out (Dil) | 1.10M | 10.06M | 10.06M | 10.44M | 9.58M | 9.53M | 9.35M | 8.82M | 8.68M | 8.34M | 8.19M | 8.11M | 8.10M | 8.08M | 7.98M | 7.93M | 7.89M | 7.84M | 8.01M | 7.48M | 6.44M | 5.95M | 5.83M | 5.91M | 6.09M | 5.71M | 4.78M | 3.81M | 2.29M | 1.61M |
FORD LEGAL NOTICE: Lose Money on Your Ford Motor Company Investment? Contact BFA Law about the Securities Fraud Class Action Lawsuit before the Impending Deadline
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE:F) and certain of the Company's senior executives. If you...
Intelligent Product Solutions Announces that Brad Carlson Joins as VP of Technology and Business Development
HAUPPAUGE, N.Y., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), a Forward Industries (NASDAQ: FORD) company, announced today that Brad Carlson joined the company as Vice President of Technology and Business Development.
FORD ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Ford Motor Company and Encourages Investors to Contact the Firm
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Ford Motor Company (“Ford” or the “Company”) (NYSE: F) in...
FORD ALERT: Bragar Eagel & Squire, P.C. is Investigating Ford Motor Company on Behalf of Ford Stockholders and Encourages Investors to Contact the Firm
NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Ford Motor Company (“Ford” or the “Company”) (NYSE: F) on behalf of Ford stockholders. Our...
PENSKE AUTOMOTIVE GROUP ACQUIRES BILL BROWN FORD
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Forward Announces 1-For-10 Reverse Stock Split Effective June 18, 2024
HAUPPAUGE, N.Y., June 14, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FORD) (“Forward” or the “Company”), a global design, sourcing, and distribution company serving top tier medical and technology customers, announced today that it will effect a 1-for-10 reverse...
Intelligent Product Solutions Launches Advanced Concept Studio (ACS) Division Focused on Industrial and UX/UI Design Services
HAUPPAUGE, N.Y., June 12, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), a Forward Industries (FORD) company, today announced the launch of its Advanced Concept Studio division, leveraging its expert Industrial Design and UI/UX team and growing capabilities.
Forward Reports Fiscal 2024 Second Quarter Results
HAUPPAUGE, N.Y., May 10, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its second quarter ended March 31, 2024.
Forward Reports Fiscal 2024 First Quarter Results
HAUPPAUGE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ:FORD), a global design, sourcing and distribution group, today announced financial results for its first quarter ended December 31, 2023.
Intelligent Product Solutions Names Jan Niewiadomski to CTO
HAUPPAUGE, N.Y., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), an award-winning global product design firm, today announced that Jan Niewiadomski was named Chief Technology Officer.
Source: https://incomestatements.info
Category: Stock Reports