Forward Industries, Inc.

Forward Industries, Inc.

FORD
Forward Industries, Inc.US flagNASDAQ Capital Market
9.12
USD
+0.19
- -
15.67MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
36.29
38.11
40.75
35.98
32.25
28.38
37.24
39.25
35.98
39.22
37.97
36.47
27.42
17.7
Basic EPS, GAAP
-11.89
-0.93
-1.21
-2.29
0.71
0.66
1.49
-3.78
-1.85
0.53
-1.37
-3.71
-1.77
-3.31
Free Cash Flow per Basic Share
-13.4
2.68
0.25
-2.46
0.85
-0.16
0.97
-2.1
-0.35
-0.6
1.36
0.9
0.31
-1.59
Dividend per Share
- -
0.02
0.09
0.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-8.07
-8.98
-10.11
-12.22
-11.25
-10.32
-8.23
-11.78
-13.56
-12.53
-13.77
-17.57
-17.82
-20.48
Tangible Book Value per Share
11.34
11.58
11.22
8.79
9.59
10.23
8.1
4.49
3.44
4.39
3.38
-0.04
-1.34
-3.11
Basic Weighted Avg Shares
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Sales/Revenue/Turnover
29
31
33
30
27
25
34
37
34
39
38
37
30
20
Operating Margin (%)
-11.1
2.28
-0.3
-5.04
2.25
2.42
0.76
-8.28
-2.81
-1.96
1.54
0.44
-5.74
-27.07
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-10
- -
-1
-1
1
1
1
-4
-2
1
-1
-4
-2
-4
Effective Tax Rate (%)
- -
8.53
- -
- -
- -
- -
- -
- -
- -
- -
0.56
11.2
- -
- -
Profit Margin (%)
-32.77
-0.67
-2.4
-4.78
2.21
2.34
4
-9.63
-5.15
1.34
-3.61
-10.18
-6.46
-18.68
Working Capital
9
10
10
7
8
9
8
4
3
6
4
1
- -
1
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
4
5
5
4
2
2
Total Equity
9
9
9
7
8
9
11
8
7
7
6
3
3
3
Return on Invested Capital (%)
- -
6.91
- -
- -
7.96
7
- -
- -
- -
-5.78
5.19
1.73
- -
- -
Return on Capital (%)
- -
2.99
- -
- -
-6.13
-6.23
- -
- -
- -
-11.4
15.9
32.91
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'25
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
2
5
5
Shares Outstanding
1
1
1
Market Capitalization
5
5
6

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'25
Total Current Assets
9
8
4
Cash, Cash Equivalents & STI
3
2
1
Accounts Receivable, Net
5
2
1
Inventories
1
- -
- -
Total Current Liabilities
9
6
2
Payables & Accruals
7
1
1
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.79%
-12.44%
13.41%
Free Cash Flow
-288.23%
-85.78%
-62.21%
Net Income, GAAP
-71.08%
-84.01%
-47.8%
Sales/Revenue/Turnover
0.1%
-3.68%
-17.7%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
10
10
9
5
37
2024
7
5
5
7
30
2025
7
3
2
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.43
-0.87
-0.49
- -
-3.71
2024
-0.32
-0.5
-0.36
- -
-1.77
2025
-0.64
-1.32
-0.77
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Thomas Edward KraMer MCAD
Full Time Employees
100
Sector
Consumer Cyclical
Industry
Apparel - Footwear & Accessories
Address
700 Veterans Memorial Highway Hauppauge NY United States of America 11788
IPO Date
Nov 17, 1994
Business
Forward Industries, Inc. (Nasdaq: FORD) designs, manufactures, sources, and distributes carry and protective solutions, soft goods, accessories, and smart technology products including IoT and wearable tech solutions for top-tier medical, electronics, and technology companies worldwide. The company operates through its OEM distribution segment, which sources and supplies carrying cases and accessories for medical monitoring and diagnostic kits, portable electronic devices such as bar code scanners, GPS units, tablets, and firearms, as well as sporting and recreational products; and its design engineering segment, delivered via wholly owned subsidiaries Intelligent Product Solutions and Kablooe Design, which provide full-suite hardware, software, product development, prototyping, validation testing, quality assurance, and compliance services, with manufacturing and sourcing handled through exclusive partner Forward APAC and global supply chain logistics for distribution. Founded in 1961 and headquartered in Hauppauge, New York, Forward Industries serves original equipment manufacturers across the United States, Poland, Germany, China, and other international markets. In September 2025, the company pivoted strategically by closing a $1.65 billion private placement in cash and stablecoin commitments led by Galaxy Digital, Jump Crypto, and Multicoin Capital—the largest Solana-focused digital asset treasury raise to date—followed by acquiring 6.8 million SOL tokens for $1.58 billion, staking them to initiate a Solana treasury strategy aimed at increasing SOL per share through ecosystem deployments, active management, and bespoke initiatives; it subsequently launched a $4 billion at-the-market share offering program with Cantor Fitzgerald and authorized a $1 billion share repurchase program to support this treasury expansion and balance sheet strengthening.

Company News

APIChatGPT
  • Why Did Ford's Q2 US Sales Fall 10% Y/Y Despite Strong Truck Demand?

  • Forward Industries: Doesn't Need To Be Solana's Berkshire

  • Why Is Ford Recalling Thousands of SUVs in the United States?

  • T. ROWE PRICE EXPLORES LEADERSHIP, TRANSFORMATION, AND THE FUTURE OF MOBILITY WITH FORD CEO JIM FARLEY

  • Forward Industries: Buy Solana At A Discount

  • Forward Industries Schedules Fiscal First Quarter 2026 Conference Call for February 12, 2026 at 5:00 p.m. ET

  • Revolve Group (NYSE:RVLV) versus Forward Industries (NASDAQ:FORD) Critical Review

  • Forward Industries Provides Shareholder Update Following the Launch of its Solana Treasury Strategy

  • Jerash Holdings (US) (NASDAQ:JRSH) vs. Forward Industries (NASDAQ:FORD) Head-To-Head Review

  • Forward Industries Schedules Shareholder Update Conference Call for December 2, 2025 at 5:00 p.m. ET

  • Forward Industries Announces NASDAQ Ticker Symbol Change to ‘FWDI' Effective November 17, 2025

  • Forward Industries Announces Resale Prospectus Supplement; Board Authorizes New $1 Billion Share Repurchase Program

  • Financial Survey: Forward Industries (NASDAQ:FORD) versus Hugo Boss (OTCMKTS:BOSSY)

  • IBN Announces CryptoCurrencyWire Audio Production Featuring Kyle Samani, Chairman of Forward Industries Inc.

  • Forward Industries Establishes Crypto Advisory Board and Welcomes 25 Inaugural Members

  • Forward Industries' Total Treasury Holdings Exceed 6.87 Million SOL as of October 15, 2025

  • Forward Industries Provides Strategic Update on Market Volatility and Share Registration Extension

  • Investing $5,000 in Each of These 5 Stocks at the Start of 2025 Would Have Created a Portfolio Worth More Than $136,000 Today

  • Forward Industries strengthens Solana ties with $1.7B validator node launch

  • Forward Industries Announces Launch of Solana Validator and Integration with DoubleZero