FORWARD INDUSTRIES, INC. (FWDI)

5.89 -11.56% (-0.77)

Over 6M: +30.9%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

4 5 6
Mar Apr May Jun Jul Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q4 '21 — Operating Cash Flow: -190.5K Q4 '21 — Free Cash Flow: -196.5K Q1 '22 — Operating Cash Flow: 1.1M Q1 '22 — Free Cash Flow: 1.1M Q2 '22 — Operating Cash Flow: -777.6K Q2 '22 — Free Cash Flow: -841K Q3 '22 — Operating Cash Flow: 797.3K Q3 '22 — Free Cash Flow: 786.4K Q4 '22 — Operating Cash Flow: 377.2K Q4 '22 — Free Cash Flow: 347.9K Q1 '23 — Operating Cash Flow: -148.6K Q1 '23 — Free Cash Flow: -193.7K Q2 '23 — Operating Cash Flow: 98.6K Q2 '23 — Free Cash Flow: 73.9K Q3 '23 — Operating Cash Flow: 612.2K Q3 '23 — Free Cash Flow: 565.5K Q4 '23 — Operating Cash Flow: 478.9K Q4 '23 — Free Cash Flow: 459.3K Q1 '24 — Operating Cash Flow: 115.8K Q1 '24 — Free Cash Flow: 96.3K Q2 '24 — Operating Cash Flow: -289.4K Q2 '24 — Free Cash Flow: -310.8K Q3 '24 — Operating Cash Flow: 436K Q3 '24 — Free Cash Flow: 426.8K Q4 '24 — Operating Cash Flow: 467.2K Q4 '24 — Free Cash Flow: 452.1K Q1 '25 — Operating Cash Flow: -434.3K Q1 '25 — Free Cash Flow: -439.7K Q2 '25 — Operating Cash Flow: -537.6K Q2 '25 — Free Cash Flow: -539K Q3 '25 — Operating Cash Flow: -1.2M Q3 '25 — Free Cash Flow: -1.2M Q4 '25 — Operating Cash Flow: -2.3M Q4 '25 — Free Cash Flow: -2.3M Q1 '26 — Operating Cash Flow: -7.9M Q1 '26 — Free Cash Flow: -7.9M Q2 '26 — Operating Cash Flow: -4.8M Q2 '26 — Free Cash Flow: -4.8M Q3 '26 — Operating Cash Flow: -3.4M Q3 '26 — Free Cash Flow: -3.4M -6M -4M -2M 0 2M
Q1 '22 Q4 '22 Q3 '23 Q2 '24 Q1 '25 Q4 '25 Q3 '26
Operating Cash Flow Free Cash Flow

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

1.5
SBC / sales 12.7%
OE margin -47.3%
Oper. margin -1771.6%
ROIC -160.9%
Accruals -179.8%
Capex / sales 0.0063%
Gross margin 70.6%
Asset turnover 0.088×
EBITDA margin -1771.3%
FCF margin -34.6%
OCF margin -34.6%
ROA -182.8%
ROCE -198.2%
ROE -232.3%
OCF / EBIT —
Profit margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.9
RPO / sales 0.0095×
Segment HHI 0.62 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

3.5
ND/EBITDA —
Current ratio 0.17×
Interest cover -1596.8×
Debt / Eq 0.0×
Debt payback 0.0 yr
Cash runway 0.66 yr
F-score 4.5 pts
Quick ratio 0.17×
Cash / Debt —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.0
Sales CAGR 4Y -17.4%
Sales/sh Y/Y -42.6%
Sales Q/Q +332.1%
Div. growth -100.0%
Shares change +517.5%
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.