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Forward Industries, Inc. (FWDI)

Nasdaq: FWDI · Finance Services · Hauppauge, NY · filing with the SEC since 1996
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Grade3.2
◀ Past 3.1● Present 3.4▶ Future 3.0
1 est.
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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in September.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingSep 30, 2025Sep 30, 2024Sep 30, 2023Sep 30, 2022Sep 30, 2021Sep 30, 2020Sep 30, 2019Sep 30, 2018Sep 30, 2017Sep 30, 2016
Report filedDec 11, 2025Dec 27, 2024Dec 21, 2023Dec 16, 2022Dec 16, 2021Dec 17, 2020Dec 27, 2019Dec 20, 2018Dec 14, 2017·
Revenue18,187,52519,990,833r36,688,30738,206,958r39,021,99634,478,35837,409,03034,499,50324,764,61327,479,896
Cost of revenue12,996,28114,807,117r28,323,82229,407,009r30,887,57727,839,85130,828,14827,931,42720,572,97022,399,734
Gross profit5,191,2445,183,716r8,364,4858,799,949r8,134,4196,638,5076,580,8826,568,0764,191,6435,080,162
Sales and marketing1,029,350769,370r1,663,7911,477,936r2,503,5181,950,7041,965,2301,782,1381,502,7001,891,409
General and administrative9,604,4906,365,464r6,541,0366,733,543r6,395,9005,655,1867,713,0354,525,2862,090,4732,571,799
Total operating expenses······9,678,2656,307,4243,593,1734,463,208
Operating income-8,392,420-2,151,118r159,658588,470r-764,999-1,982,383-3,097,383260,652598,470616,954
Interest expense49,14362,662104,201123,411171,957174,962201,004115,4470·
Other income (expense), net-4,244-8,315r30,019-12,612-4,569-3,701··-19,124-10,392
Total non-operating income (expense)·····-216,000511,000r371,668-19,124-10,392
Income before income taxes-169,068,575-2,143,232r178,664452,447r523,805-1,766,114-3,608,192632,320579,346606,562
Income tax expense20,40422,94720,0062,55409,167-4,162-747,00000
Income from continuing operations-169,088,979-2,166,179r158,658449,893·····606,562
Income from discontinued operations2,114,639215,592r-3,895,315-1,828,144·····0
Net income including non-controlling interests···-1,378,000524,000-1,775,000r-3,604,030···
Net income-166,974,340-1,950,587-3,736,657-1,378,251523,805-1,775,281-3,604,0301,379,320579,346606,562
Net income to common shareholders-167,003,784-1,950,587·······606,562
Earnings per share, basic-24.59-1.77-3.39r-1.2797b0.457b-1.7367b-3.4735b1.3711b0.6399b0.6399b
Earnings per share, diluted-24.59-1.77-3.39r-1.2797b0.457b-1.7367b-3.4735b1.3711b0.6399b0.6399b
Weighted average shares, basic6,791,1731,101,0691,101,069r1,100,694b1,088,540b1,048,428b1,042,805b1,013,555b954,769b932,218b
Weighted average shares, diluted6,791,1731,101,0691,101,069r1,115,967rb1,142,466b1,048,428b1,042,805b1,023,401b965,243b949,109b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the change of share basis.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:SalesRevenueGoodsNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
us-gaap:CostOfGoodsSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton FWDI · research, not advice