Forward Historical Income Statement
| FORD Stock | USD 4.06 0.13 3.31% |
Historical analysis of Forward Industries income statement accounts such as Total Revenue of 28.3 M or Gross Profit of 6.6 M can show how well Forward Industries performed in making a profits. Evaluating Forward Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Forward Industries's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Forward Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Forward Industries is a good buy for the upcoming year.
Forward |
About Forward Income Statement Analysis
Forward Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Forward Industries shareholders. The income statement also shows Forward investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Forward Industries Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Forward Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Forward Industries minus its cost of goods sold. It is profit before Forward Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Forward Industries. It is also known as Forward Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Forward Industries income statement and represents the costs associated with goods and services Forward Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Forward Industries financial statement analysis. It represents the amount of money remaining after all of Forward Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Forward Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Forward Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.At present, Forward Industries' EBIT is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 168.8 K, whereas Total Revenue is forecasted to decline to about 28.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.4M | 8.4M | 9.6M | 6.6M | Total Revenue | 42.3M | 36.7M | 42.2M | 28.3M |
Forward Industries income statement Correlations
Click cells to compare fundamentals
Forward Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Forward Industries income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 272.0K | 327.3K | 309.2K | 315.9K | 363.3K | 381.5K | |
| Interest Expense | 175.0K | 172.0K | 123.4K | 104.2K | 93.8K | 89.1K | |
| Total Revenue | 34.5M | 39.0M | 42.3M | 36.7M | 42.2M | 28.3M | |
| Gross Profit | 6.6M | 8.1M | 8.4M | 8.4M | 9.6M | 6.6M | |
| Other Operating Expenses | 35.4M | 39.8M | 43.6M | 36.5M | 42.0M | 28.2M | |
| Operating Income | (967.4K) | (765.0K) | (1.2M) | 159.7K | 143.7K | 95.4K | |
| Ebit | (1.6M) | (765.0K) | 588.5K | 282.9K | 254.6K | 271.6K | |
| Ebitda | (1.3M) | (437.7K) | 897.7K | 598.8K | 538.9K | 391.4K | |
| Cost Of Revenue | 27.8M | 30.9M | 34.0M | 28.3M | 32.6M | 21.7M | |
| Total Operating Expenses | 7.6M | 8.9M | 9.6M | 8.2M | 9.4M | 6.5M | |
| Income Before Tax | (1.8M) | 523.8K | (1.4M) | 178.7K | 160.8K | 168.8K | |
| Total Other Income Expense Net | 216.3K | 1.3M | (136.0K) | 19.0K | 21.9K | 22.9K | |
| Net Income | (1.8M) | 523.8K | (1.4M) | (3.7M) | (3.4M) | (3.2M) | |
| Income Tax Expense | 9.2K | (159.9K) | 2.6K | 20.0K | 18.0K | 17.1K | |
| Selling General Administrative | 5.7M | 6.4M | 6.8M | 6.5M | 5.9M | 5.6M | |
| Selling And Marketing Expenses | 2.0M | 2.5M | 2.9M | 1.7M | 1.5M | 1.4M | |
| Net Income Applicable To Common Shares | (3.6M) | (1.8M) | 523.8K | (1.4M) | (1.2M) | (1.2M) | |
| Net Income From Continuing Ops | (1.8M) | 523.8K | (1.4M) | 158.7K | 182.5K | 191.6K | |
| Interest Income | 201K | 60.9K | 88.8K | 23.2K | 20.9K | 19.8K | |
| Net Interest Income | (114.0K) | (83.2K) | (123.4K) | (81.0K) | (72.9K) | (76.6K) | |
| Reconciled Depreciation | 272.0K | 327.3K | 309.2K | 315.9K | 363.3K | 280.7K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Forward Industries is a strong investment it is important to analyze Forward Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forward Industries' future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Industries. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Earnings Share (0.91) | Revenue Per Share 31.168 | Quarterly Revenue Growth (0.09) | Return On Assets (0.04) |
The market value of Forward Industries is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Industries' value that differs from its market value or its book value, called intrinsic value, which is Forward Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Industries' market value can be influenced by many factors that don't directly affect Forward Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forward Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.