Business Segments Forward Industries, Inc.

Stocks

Market Closed - Nasdaq Other stock markets 16:00:00 2026-07-17 EDT			5-day change	1st Jan Change
4.015 ^USD	-5.31%		-6.41%	-39.26%

07-16	Forward Industries, Inc. cancelled the acquisition of SkyAI, Inc..	CI
07-15	Forward Industries, Inc. Announces Appointment of Michael Ashe to Board of Directors, Effective July 15, 2026	CI

Breakdown by Business Segment (USD)

Fiscal Period: September	2021	2022	2023	2024	2025
Electronics Manufacturing Equipment
Design	16.55M	20.17M	22.69M	19.99M	13.61M
Total Assets	5.82M	6.12M	6.72M	5.82M	3.38M
EBT	-	-	-	-	-5.16M
Gross Profit	-	-	-	-	779K
D&A	319K	301K	312K	329K	332K
Operating Income	603K	2.15M	2.18M	26K	-
Net Income	-	-	-	-	-
Information Technology (IT) Consulting
Digital Assets	-	-	-	-	4.58M
Total Assets	-	-	-	-	1.43B
EBT	-	-	-	-	-156M
Gross Profit	-	-	-	-	4.41M
EBT	-	-	-	-	-7.75M
Total Assets	-	-	755K	-	-
Operating Income	-2.07M	-2.48M	-2.46M	-2.33M	-
Total Assets	-	-	508K	-	-
Total Assets	5.96M	6.73M	6.92M	6.33M	41.08M
Durable Goods Distribution
Retail Distribution	3.18M	4.13M	-	-	-
Total Assets	2.18M	3.82M	-	-	-
D&A	1K	-	-	-	-
Operating Income	-779K	-1.81M	-	-	-
Healthcare Equipment Distribution
OEM Distribution	19.29M	18.04M	14M	10.2M	-
Total Assets	5.9M	4.28M	2.48M	2.61M	-
D&A	7K	8K	4K	4K	-
Operating Income	1.48M	905K	440K	369K	-
Accessories
Distribution	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Gross Profit	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Design and Distribution of Carry and Protective Solutions	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBT	-	-	-	-	-
Gross Profit	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-

Geographical breakdown of sales (USD)

Fiscal Period: September	2021	2022	2023	2024	2025
United States (US)	25.67M	29.49M	27.12M	23.59M	18.19M
Total Assets	3.91M	3.67M	3.3M	2.81M	1.47B
Interest Expense	-	-	-	-	-49.14K
Income Tax Expense	-	-	-	-	20.4K
D&A	-	-	-	-	332K
CAPEX	-	-	-	-	-25.77K
Gross Profit	-	-	-	-	5.19M
Net Income	-	-	-	-	-167M
EBT	-	-	-	-	-169M
Operating Income	-	-	-	-	-8.39M
Great Britain	-	-	-	-	-
Singapore	-	-	-	-	-
China	5.64M	5.32M	3.44M	435K	-
Austria	-	-	-	-	-
Switzerland	-	-	-	-	-
Taiwan	-	-	-	-	-
Malaysia	-	-	-	-	-
Other Americas	-	-	-	-	-
Hong Kong	-	-	-	-	-
Other Asia-Pacific (APAC)	-	-	-	-	-
Other Europe, The Middle East, and Africa (EMEA)	-	-	-	-	-
Poland	3.11M	2.64M	1.28M	2.8M	-
Germany	2.79M	2.98M	3M	1.28M	-
Other Foreign Countries	1.81M	1.9M	1.85M	2.09M	-
Total Assets	-	-	-	-	-