Last quarter (Q1 2024), Forward Industries's total revenue was $7.15M, a decrease of -27.17% from the same quarter last year. In Q1, Forward Industries's net income was $-354.20K. See Forward Industries’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Sep 22	Sep 21	Sep 20	Sep 19	Sep 18
Total Revenue	$ 38.75M	$ 42.34M	$ 39.02M	$ 34.48M	$ 37.41M	$ 34.50M
Cost of Revenue	$ -4.22M	$ 33.97M	$ -30.89M	$ 27.84M	$ 30.83M	$ 27.93M
Gross Profit	$ 6.90M	$ 8.37M	$ 8.13M	$ 6.64M	$ 6.58M	$ 6.57M
Operating Expense	$ 12.70M	$ 9.61M	$ 8.90M	$ 7.61M	$ 9.68M	$ 6.31M
Operating Income	$ 20.79M	$ -1.24M	$ -765.00K	$ -967.38K	$ -3.10M	$ 260.65K
Net Non Operating Interest Income Expense	$ -18.56K	$ -123.41K	$ -83.20K	$ -114.03K	$ -201.00K	$ -115.45K
Other Income Expense	$ -26.50K	$ 12.61K	$ -1.35M	$ -684.70K	$ -309.81K	$ 487.12K
Pretax Income	$ -2.22M	$ -1.38M	$ 523.80K	$ -1.77M	$ -3.61M	$ 632.32K
Tax Provision	$ 5.51M	$ 2.55K	-	$ 9.17K	$ -4.16K	$ -747.00K
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 20.83M	$ -1.38M	$ 523.80K	$ -1.78M	$ -3.60M	$ 1.38M
Basic EPS	$ -0.26	$ -0.14	$ 0.05	$ -0.19	$ -0.38	$ 0.15
Diluted EPS	$ -0.26	$ -0.14	$ 0.05	$ -0.19	$ -0.38	$ 0.15
Basic Average Shares	$ 40.24M	$ 10.06M	$ 9.95M	$ 9.58M	$ 9.53M	$ 9.26M
Diluted Average Shares	$ 40.24M	$ 10.06M	$ 10.44M	$ 9.58M	$ 9.53M	$ 9.35M
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 8.48M	$ 43.58M	$ -21.99M	$ 35.45M	$ 40.51M	$ 34.24M
Net Income From Continuing And Discontinued Operation	$ -2.23M	$ -1.38M	$ 523.80K	$ -1.78M	$ -3.60M	$ 1.38M
Normalized Income	$ -424.03K	$ 32.88M	-	$ -1.29M	$ -3.34M	$ 1.01M
Interest Expense	-	-	-	$ 174.96K	$ 201.00K	$ 115.45K
EBIT	$ -2.17M	$ -1.25M	$ 695.76K	$ -1.59M	$ -3.41M	$ 747.77K
EBITDA	$ -1.86M	$ -943.05K	$ 1.02M	$ -1.32M	$ -3.10M	$ 975.96K

Currency in USD

Forward Industries Earnings and Revenue History

Get More with TipRanks Premium

What's Included in PREMIUM?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing