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Forward Industries, Inc. (FORD)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-22Sep-30-21Sep-30-20Sep-30-19Sep-30-18Sep-30-17Sep-30-16Sep-30-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Americas  29.525.721.021.717.37.87.37.8
    EMEA     7.99.39.39.910.3
    APAC  5.35.65.17.87.97.710.211.9
    Europe  2.63.12.7    10,294.8
    Other  4.94.65.7     
Total revenues  42.339.034.537.434.524.827.530.0
            Revenue growth   [+]8.5%13.2%-7.8%8.4%39.3%-9.9%-8.4%-10.0%
Cost of goods sold  34.030.927.830.827.920.622.424.2
Gross profit  8.48.16.66.66.64.25.15.8
            Gross margin  19.8%20.8%19.3%17.6%19.0%16.9%18.5%19.3%
Selling, general and administrative   [+]9.68.97.69.76.33.64.57.3
EBITDA   [+]-0.9-0.4-0.7-2.80.50.60.7-1.5
            EBITDA margin  -2.2%-1.1%-2.0%-7.4%1.4%2.5%2.4%-4.9%
Depreciation and amortization  0.30.30.30.30.20.00.10.1
EBIT   [+]-1.2-0.8-1.0-3.10.30.60.6-1.5
            EBIT margin  -2.9%-2.0%-2.8%-8.3%0.8%2.4%2.2%-5.0%
Non-recurring items    1.0     
Interest expense, net   [+]0.10.20.20.2    
Other income (expense), net   [+]0.01.50.4-0.30.40.00.0-0.1
Pre-tax income  -1.40.5-1.8-3.60.60.60.6-1.6
Income taxes  0.00.00.00.0-0.70.00.00.0
            Tax rate   0.0% 0.1% 0.0%0.0%0.0%
Net income  -1.40.5-1.8-3.61.40.60.6-1.9
            Net margin  -3.3%1.3%-5.1%-9.6%4.0%2.3%2.2%-6.4%
   
Basic EPS   [+]($0.14)$0.05($0.19)($0.38)$0.15$0.07$0.07($0.23)
Diluted EPS   [+]($0.14)$0.05($0.19)($0.38)$0.15$0.07$0.07($0.23)
   
Dividends per share   [+]       $0.00
   
Shares outstanding (basic)   [+]10.110.09.69.59.38.78.58.3
Shares outstanding (diluted)   [+]10.110.49.69.59.48.88.78.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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