Forward Industries Income Statement 2011-2025 | FORD

Annual Income Statement Forward Industries

	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Market Cap	5.49 M	793 K	11.6 M	9.95 M	14.5 M	10.2 M	13.6 M	10.2 M	9.54 M	10.1 M	10.3 M	14.4 M	9.56 M	17 M
Shares	1.1 M	1.1 M	10.1 M	9.95 M	9.53 M	9.53 M	9.26 M	8.73 M	8.52 M	8.34 M	8.19 M	8.11 M	8.1 M	8.08 M
Historical Prices	4.99	0.72	1.15	1.53	3.15	1.08	1.46	2.43	1.19	1.26	0.95	1.66	1.87	1.95
Net Income	-1.95 M	-3.74 M	-1.38 M	524 K	-1.78 M	-3.6 M	1.38 M	579 K	607 K	-1.43 M	-800 K	-207 K	-9.63 M	-2.9 M
Revenue	30.2 M	36.7 M	38.2 M	39 M	34.5 M	37.4 M	34.5 M	24.8 M	27.5 M	30 M	33.4 M	30.9 M	29.4 M	22.8 M
Cost of Revenue	24 M	28.3 M	29.4 M	30.9 M	27.8 M	30.8 M	27.9 M	20.6 M	-	-	-	-	-	-
Gross Profit	6.21 M	8.36 M	8.8 M	8.13 M	6.64 M	6.58 M	6.57 M	4.19 M	5.08 M	5.79 M	6.55 M	6.38 M	3.97 M	5.06 M
Operating Income	-1.93 M	160 K	588 K	-765 K	-1.98 M	-3.1 M	261 K	598 K	617 K	-1.51 M	-98.7 K	706 K	-3.26 M	-2.14 M
Interest Expense	62.7 K	104 K	123 K	172 K	175 K	201 K	115 K	-	-10.4 K	-13.4 K	26.2 K	31.8 K	-96.1 K	-51.3 K
EBITDA	-1.6 M	476 K	898 K	-438 K	-695 K	-2.79 M	489 K	621 K	670 K	-1.46 M	-34.2 K	781 K	-3.16 M	-2.94 M
Operating Expenses	-	-	-	-	7.61 M	9.68 M	6.31 M	3.59 M	4.46 M	7.31 M	6.65 M	5.67 M	7.24 M	8.08 M
General and Administrative Expenses	604 K	618 K	574 K	6.4 M	5.66 M	7.71 M	4.53 M	2.09 M	2.57 M	4.94 M	3.85 M	3.48 M	5.56 M	4.69 M

All numbers in USD currency

Quarterly Income Statement Forward Industries

	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
Shares	1.11 M	1.1 M	1.1 M	1.1 M	1.1 M	1.1 M	1.1 M	1.1 M	1.1 M	10.1 M	10.1 M	10.1 M	10.1 M	10.1 M	10.1 M	9.92 M	9.96 M	9.91 M	9.89 M	9.53 M	9.53 M	9.89 M	9.53 M	9.53 M	9.53 M	9.53 M	9.53 M	9.18 M	9.48 M	9.53 M	8.76 M	8.72 M	8.86 M	8.76 M	8.62 M	8.49 M	8.59 M	8.62 M	8.39 M	8.33 M	8.36 M	8.39 M	8.44 M	8.18 M	8.2 M	8.44 M	8.16 M	8.11 M	8.11 M	8.16 M	8.11 M	8.11 M	8.11 M	8.11 M	8.09 M	8.08 M	8.09 M	8.09 M
Net Income	-850 K	-1.45 M	-708 K	-	-400 K	-553 K	-354 K	-	-537 K	-871 K	-430 K	-595 K	-419 K	-356 K	180 K	608 K	244 K	-835 K	1.2 M	1.2 M	-215 K	1.2 M	-81.7 K	-1.84 M	-104 K	-81.7 K	-531 K	-531 K	-531 K	-531 K	46.7 K	466 K	552 K	46.7 K	151 K	466 K	78 K	151 K	244 K	-1.69 M	495 K	244 K	-1.5 M	70.3 K	19.9 K	-1.5 M	351 K	42.1 K	-245 K	351 K	139 K	-3.31 M	-3.31 M	139 K	-1.51 M	-1.22 M	-683 K	-1.51 M
Revenue	2.49 M	3.12 M	6.62 M	-	5.04 M	5.07 M	7.15 M	-	8.71 M	10.7 M	9.75 M	32.5 M	10.6 M	10.3 M	11.6 M	28.1 M	9.96 M	8.4 M	9.72 M	25.9 M	9.55 M	9.72 M	8.39 M	28.3 M	9.91 M	8.39 M	10.2 M	24.9 M	9.54 M	10.2 M	6.34 M	18.5 M	7.33 M	4.53 M	-	-	-	-	-	-	-	-	-	-	-	6.7 M	8.42 M	-	8.59 M	7.79 M	6.97 M	20 M	7.66 M	-	-	-	-	-
Cost of Revenue	3.12 M	3.3 M	5.11 M	-	3.73 M	3.74 M	5.51 M	-	6.52 M	9.15 M	7.79 M	25.7 M	8.67 M	8.06 M	8.99 M	21.9 M	7.78 M	6.65 M	7.45 M	20.9 M	7.77 M	7.45 M	6.67 M	23.8 M	8.01 M	6.67 M	8.88 M	20.2 M	7.63 M	8.88 M	5.33 M	15.3 M	6.05 M	3.82 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-621 K	-179 K	1.5 M	-	1.31 M	1.33 M	1.64 M	-	2.19 M	1.51 M	1.97 M	6.79 M	1.92 M	2.25 M	2.62 M	6.19 M	2.18 M	1.74 M	2.26 M	4.95 M	1.77 M	2.26 M	1.72 M	4.51 M	1.89 M	1.72 M	1.3 M	4.69 M	1.91 M	1.3 M	1 M	3.15 M	1.28 M	1 M	1.16 M	3.8 M	1.08 M	1.16 M	1.52 M	4.26 M	1.35 M	1.52 M	1.56 M	4.91 M	1.67 M	1.56 M	1.85 M	4.73 M	1.79 M	1.85 M	1.5 M	757 K	757 K	1.5 M	1.21 M	3.98 M	1.44 M	1.39 M
Operating Income	-2.56 M	-1.82 M	-708 K	-	-459 K	-621 K	-380 K	-	148 K	-844 K	-128 K	-494 K	-386 K	-323 K	214 K	-715 K	268 K	-816 K	-167 K	-1.87 M	-175 K	-167 K	-29.1 K	-1.61 M	-49.9 K	-29.1 K	-481 K	72.7 K	-210 K	-481 K	51.1 K	460 K	549 K	51.1 K	148 K	478 K	84.9 K	148 K	248 K	-1.78 M	494 K	248 K	-1.59 M	270 K	31.7 K	-1.59 M	372 K	628 K	474 K	372 K	-51.8 K	-613 K	-613 K	-51.8 K	-501 K	-964 K	-495 K	-1.52 M
Interest Expense	12.1 K	11.8 K	12 K	-	14.5 K	17 K	19 K	-	25.5 K	26.8 K	28 K	94.1 K	30.4 K	30.9 K	32.8 K	139 K	45.8 K	46.7 K	46.4 K	132 K	37.1 K	46.4 K	50.9 K	150 K	52.2 K	50.9 K	45 K	77.4 K	46.5 K	45 K	-	-	-	-	3.37 K	-11.6 K	-6.96 K	3.37 K	-3.73 K	8.99 K	-953	3.73 K	3.31 K	23.4 K	7.4 K	3.31 K	-47.2 K	-11.3 K	2.9 K	-3.51 K	231 K	-46 K	-39 K	26.7 K	-13.8 K	8.87 K	-3.47 K	-34.5 K
EBITDA	-	-1.77 M	-624 K	-	-406 K	-568 K	-299 K	-	201 K	-791 K	-50.4 K	-261 K	-333 K	-270 K	288 K	-463 K	321 K	-763 K	-73.6 K	-1.67 M	-36.2 K	-73.6 K	40 K	-1.37 M	107 K	40 K	-389 K	230 K	-140 K	-389 K	57.2 K	477 K	561 K	57.2 K	154 K	522 K	113 K	154 K	261 K	-1.74 M	524 K	261 K	-1.57 M	318 K	65.7 K	-1.57 M	390 K	684 K	493 K	391 K	-34.6 K	-530 K	-583 K	-29.8 K	-471 K	-919 K	-466 K	-1.49 M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.12 M	1.75 M	-	1.94 M	2.39 M	1.78 M	4.62 M	2.12 M	1.78 M	952 K	2.69 M	729 K	952 K	1.01 M	3.32 M	993 K	1.01 M	1.27 M	6.04 M	854 K	1.27 M	3.15 M	4.65 M	1.63 M	3.15 M	1.47 M	4.1 M	1.32 M	1.47 M	1.55 M	1.37 M	1.37 M	1.55 M	1.71 M	4.94 M	1.94 M	2.91 M
General and Administrative Expenses	1.8 M	1.5 M	151 K	-	1.58 M	1.74 M	151 K	-	155 K	162 K	147 K	428 K	145 K	141 K	1.67 M	412 K	136 K	138 K	139 K	4.32 M	1.49 M	1.83 M	1.21 M	4.68 M	1.41 M	1.21 M	1.31 M	3.33 M	1.58 M	1.31 M	673 K	1.58 M	420 K	673 K	593 K	2.01 M	541 K	593 K	842 K	4.16 M	356 K	842 K	2.47 M	2.59 M	926 K	2.47 M	857 K	2.61 M	768 K	856 K	1.07 M	1.09 M	1.09 M	1.07 M	1.42 M	3.31 M	1.26 M	1.64 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Forward Industries (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

How much revenue the company earned
How much it spent on production, personnel, marketing, taxes, etc.
What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features

The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Footwear industry

Issuer	Price	% 24h	Market Cap	Country
Обувь России OBUV	-	-	-	Russia
Deckers Outdoor Corporation DECK	$ 104.1	2.89 %	$ 15.8 B	USA
Foot Locker FL	-	-0.37 %	$ 2.26 B	USA
Crocs CROX	$ 90.61	0.77 %	$ 5.38 B	USA
NIKE NKE	$ 67.86	0.54 %	$ 101 B	USA
Caleres CAL	$ 13.67	2.86 %	$ 457 M	USA
Rocky Brands RCKY	$ 31.27	0.1 %	$ 230 M	USA
Skechers U.S.A. SKX	-	-	$ 9.59 B	USA
Steven Madden, Ltd. SHOO	$ 44.28	2.03 %	$ 3.2 B	USA
Vera Bradley VRA	$ 1.85	-5.13 %	$ 53.5 M	USA
Weyco Group WEYS	$ 33.62	1.91 %	$ 318 M	USA
Wolverine World Wide WWW	$ 18.43	1.68 %	$ 1.46 B	USA

Forward Industries Income Statement 2011-2025 | FORD

Annual Income Statement Forward Industries

Market Cap

Shares

Historical Prices

Net Income

Revenue

Cost of Revenue

Gross Profit

Operating Income

Interest Expense

EBITDA

Operating Expenses

General and Administrative Expenses