Forward Industries, Inc. (FORD)

USD 5.69

(17.56%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 36.68 Million 42.33 Million 39.02 Million 34.47 Million 37.4 Million 34.49 Million
Cost of Revenue 28.32 Million 33.96 Million 30.88 Million 27.83 Million 30.82 Million 27.93 Million
Gross Profit 8.36 Million 8.36 Million 8.13 Million 6.63 Million 6.58 Million 6.56 Million
Operating Expenses 8.2 Million 9.6 Million 8.89 Million 7.6 Million 9.67 Million 6.3 Million
Selling, General and Administrative Expenses 8.2 Million 9.6 Million 8.89 Million 7.6 Million 9.67 Million 6.3 Million
Research and Development Expenses - - - - - -
Other Expenses - -12.61 Thousand -4569.00 -19.7 Thousand -49.8 Thousand -22.88 Thousand
Cost and Expenses 36.52 Million 43.57 Million 39.78 Million 35.44 Million 40.5 Million 34.23 Million
Operating Income 159.65 Thousand -1.23 Million -764.99 Thousand -967.38 Thousand -3.09 Million 260.65 Thousand
Interest Expense 104.2 Thousand 123.41 Thousand 171.95 Thousand 174.96 Thousand 201 Thousand 115.44 Thousand
Income Tax Expense 20 Thousand 2554.00 -159.9 Thousand 9167.00 -4162.00 -747 Thousand
Earnings before Tax 178.66 Thousand -1.37 Million 523.8 Thousand -1.76 Million -3.6 Million 632.32 Thousand
Net Income -3.73 Million -1.37 Million 523.8 Thousand -1.77 Million -3.6 Million 1.37 Million
Earnings Per Share Basic -0.37 -0.14 0.05 -0.19 -0.38 0.15
Earnings Per Share Diluted -0.37 -0.14 0.05 -0.19 -0.38 0.15
Weighted Average Shares Outstanding 10.06 Million 10.06 Million 9.95 Million 9.58 Million 9.53 Million 9.26 Million
Weighted Average Shares Outstanding (Diluted) 10.06 Million 10.06 Million 10.44 Million 9.58 Million 9.53 Million 9.35 Million
Gross Margin 0.23 0.20 0.21 0.19 0.18 0.19
EBIT Margin 0.01 -0.02 -0.02 -0.03 -0.08 0.01
Profit Margin -0.10 -0.03 0.01 -0.05 -0.10 0.04
EBITDA 475.59 Thousand 897.7 Thousand -437.7 Thousand -1.31 Million -3.09 Million 784.84 Thousand
Earnings Before Tax Margin 0.00 -0.03 -0.02 -0.03 -0.08 0.01

Income Statement Charts