Forward Industries, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Michael D. Pruitt
- Full Time Employees
- 60
- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 111 Congress Avenue Austin TX United States of America 78701
- IPO Date
- Nov 17, 1994
- CIK
- 0000038264
- Website
- forwardindustries.com
- Similar Companies
- Business
- Forward Industries, Inc. operates as a global design, manufacturing, sourcing, and distribution group specializing in carry and protective solutions. The company designs and manufactures soft goods, custom carrying cases, protective accessories, and smart technology-enabled products primarily for medical monitoring and diagnostic kits, portable electronics, and recreational equipment. Its design capabilities encompass hardware and software product development, including Internet of Things (IoT) and wearable technology solutions. Forward Industries serves original equipment manufacturers (OEMs) across the United States, Europe, and Asia-Pacific, with key operations in the United States, Poland, Germany, and China. Founded in 1961 and headquartered in Hauppauge, New York, the company’s product portfolio includes proprietary branded solutions and highly customized offerings tailored to the medical, electronics, and technology-driven markets. In the last two years, Forward Industries has strategically repositioned itself with a significant focus on digital asset management and treasury optimization, including a $1.65 billion private placement in cash and stablecoin commitments to advance its Solana treasury strategy. It rebranded its Nasdaq ticker symbol from FORD to FWDI in November 2025 to align with this new corporate focus. The company has acquired over 6.8 million SOL tokens and established a 25-member Crypto Advisory Board to enhance its Solana ecosystem participation, running an institutional-grade Solana validator on high-performance networks. Forward Industries authorized a $1 billion share repurchase program valid through September 2027 and filed a $4 billion at-the-market equity offering program to support capital growth and Solana token strategy expansion. Additionally, it has made notable operational improvements in tax optimization and staking infrastructure, driving shareholder value through these financial and strategic initiatives. The company's business segments include OEM Distribution, which sources and supplies carrying cases and accessories for medical and electronic devices, and Design, offering comprehensive product design, engineering, and technology services. Forward Industries continues to expand its market presence by leveraging strategic partnerships, innovative product development, and global supply chain capabilities, maintaining a competitive edge in highly regulated and evolving segments such as healthcare and consumer technology.
Company News
These Analysts Revise Their Forecasts On Forward Industries Following Q3 Results
Forward Industries, Inc. (FWDI) Q3 2026 Earnings Call Transcript
Forward Industries Reports Fiscal Third Quarter 2026 Financial and Operating Results
Financial Survey: GSE (OTCMKTS:GSEH) versus Forward Industries (NASDAQ:FWDI)
Forward Industries Schedules Fiscal Third Quarter 2026 Conference Call for August 12, 2026 at 5:00 p.m. ET
Forward Industries Schedules Fiscal Third Quarter 2026 Conference Call for August 12, 2026 at 5:00 p.m. ET
Statement of no intention to make an offer for Brera Holdings plc (the “Company”)
Statement of no intention to make an offer for Brera Holdings plc (the “Company”)
Critical Survey: GSE (OTCMKTS:GSEH) & Forward Industries (NASDAQ:FWDI)
Head-To-Head Comparison: Forward Industries (NASDAQ:FWDI) versus GSE (OTCMKTS:GSEH)
Forward Industries Announces Appointment of Michael Ashe to Board of Directors
Forward Industries Announces Appointment of Michael Ashe to Board of Directors
Forward Industries Expands Solana Treasury by Over 500k SOL in Fiscal Q3 2026; Now Holds Over 7.5M SOL
OPENING POSITION DISCLOSURE UNDER RULE 8.1(a) AND (b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 BY AN OFFEROR OR AN OFFEREE
OPENING POSITION DISCLOSURE UNDER RULE 8.1(a) AND (b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 BY AN OFFEROR OR AN OFFEREE
UPDATED: Forward Industries Announces Letter of Intent to Acquire Solana Company (HSDT)
UPDATED: Forward Industries Announces Letter of Intent to Acquire Solana Company (HSDT)
UPDATED: Forward Industries Announces Letter of Intent to Acquire SkyAI, Inc. (SKYA)
UPDATED: Forward Industries Announces Letter of Intent to Acquire SkyAI, Inc. (SKYA)
Forward Industries Announces Letter of Intent to Acquire Solana Company (HSDT)