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Forward Industries Inc (FWDI)

Forward Industries Inc (FWDI)
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FORWARD INDUSTRIES, INC. is engaged in the business of designing, manufacturing and selling of custom soft-sided carrying cases and advertising specialties.

Fiscal Year End Date: 09/30

Income Statement

(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Sales 18,190 30,200 36,690 42,340 39,020
Sales Growth -39.77% -17.69% -13.34% +8.51% +13.17%
Net Income -166,970 -1,950 -3,740 -1,380 520
Net Income Growth -8,462.56% +47.86% -171.01% -365.38% +129.21%

Balance Sheet

(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Total Assets 1,474,940 14,770 17,390 20,940 19,860
Total Assets Growth +9,886.05% -15.07% -16.95% +5.44% +2.58%
Total Liabilities 4,820 11,800 14,770 14,670 12,410
Total Liabilities Growth -59.15% -20.11% +0.68% +18.21% -2.82%

Cash Flow

(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Operating Cash Flow -4,500 410 1,040 1,530 -530
Operating Cash Flow Growth -1,197.56% -60.58% -32.03% +388.68% -103.85%
Net Cash Flow 35,390 -160 600 1,170 -1,510
Change in Net Cash Flow +22,218.89% -126.67% -48.72% +177.48% -788.23%
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