Forward Science Corp.

Forward Science Corp.

TTPEX:7530
33.45
TWD
-1.50
(-4.29%)
1.86BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
18.21
9.09
7.93
8.88
6.86
8.8
6.2
4.24
- -
Basic EPS, GAAP
0.55
-0.12
-1.23
0.48
-1.98
-0.79
-1.87
-2.23
- -
Free Cash Flow per Basic Share
-6.28
-2.33
-3.55
-1.33
-6.35
-0.91
-0.82
-0.93
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
5.67
5.54
7.81
13.88
11.81
11.05
10.8
8.61
10.19
Tangible Book Value per Share
5.37
5.3
7.53
13.63
11.63
10.96
10.75
8.58
10.18
Basic Weighted Avg Shares
11
22
25
31
35
34
34
39
41
Sales/Revenue/Turnover
206
203
195
273
241
299
213
167
- -
Operating Margin (%)
6.21
0.94
-17.33
7.28
-24.69
-8.09
-27.11
-44.61
- -
Depreciation Expense
20
28
33
36
37
36
36
36
- -
Net Income, GAAP
6
-3
-30
15
-70
-27
-64
-88
- -
Effective Tax Rate (%)
30.92
- -
- -
2.69
- -
- -
- -
- -
- -
Profit Margin (%)
3.01
-1.3
-15.48
5.38
-28.83
-9.01
-30.19
-52.69
- -
Working Capital
149
93
150
367
281
296
320
223
327
LT Debt
67
65
46
17
91
166
123
84
84
Total Equity
204
195
274
485
415
388
425
339
474
Return on Invested Capital (%)
- -
- -
- -
3.44
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
4.21
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-1.33
-12.88
3.85
-15.4
-6.7
-15.81
-23.02
- -

Capital Structure

TWD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
144
203
117
LT Borrowings
94
84
84
LT Finance Leases
9
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
39
47
Market Capitalization
671
575
1,855

Working Capital

TWD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
458
487
497
Cash, Cash Equivalents & STI
27
46
50
Accounts Receivable, Net
26
52
49
Inventories
341
347
312
Total Current Liabilities
190
264
170
Payables & Accruals
- -
- -
- -
ST Debt
144
203
117
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
9.03%
-20.22%
Free Cash Flow
- -
65.25%
30.95%
Net Income, GAAP
- -
-121.62%
36.74%
Sales/Revenue/Turnover
- -
0.35%
-21.64%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
213
2025
- -
- -
167
2026
- -
- -
- -

Semi-annual Earnings Per Share

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-1.87
2025
- -
- -
-2.23
2026
- -
- -
- -

Semi-annual Dividends Per Share

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Full Time Employees
1,705
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No.232, Youyi Road Miaoli Taiwan 350
IPO Date
Nov 24, 2021
Business
Forward Science Corp., founded in 1992 and headquartered in Zhunan, Taiwan, specializes in the manufacture of vacuum pumps and related equipment. The company offers a comprehensive product portfolio including vacuum equipment; repair and maintenance services; precision mechanisms; OEM/ODM manufacturing services; and intelligent electromechanical systems, which encompass central management systems, prognostic and health management solutions, artificial intelligence testing platforms, and smart manufacturing technologies. Forward Science Corp. serves a diverse client base across various industrial sectors with its wide range of intelligent vacuum and electromechanical products. In the past 1-2 years, Forward Science Corp. has introduced advanced products such as the V-pro smart vacuum pump and the EcoNanoPur energy-saving system, an integrated platform combining AI diagnostics, predictive maintenance, and carbon footprint reduction technologies. These innovations reflect the company's strategic focus on smart, sustainable manufacturing solutions. The company continues to strengthen its competitive edge through technological upgrades and expanding its presence in global markets. Forward Science Corp. operates primarily in Taiwan but services international markets with its vertically integrated manufacturing capabilities that control design, development, production, and commercialization stages. The company remains committed to innovation in vacuum pump technology and intelligent electromechanical systems, positioning itself as a leading supplier within the semiconductor, electronics, and manufacturing industries. The firm capitalizes on its longstanding experience, comprehensive product offering, and recent technological advancements to address evolving customer needs and sustainability trends.