Forward Industries Inc./$FORD

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About Forward Industries Inc.

Forward Industries Inc is a provider of carrying and protective solutions. The company designs and distributes product protection for handheld electronic devices. Forward Industries sells soft-sided carrying cases for blood glucose diagnostic kits and portable consumer electronic devices such as tablets, personal computers, barcode Scanners, GPS devices, and others. The company operates in two segments, the OEM distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits and a variety of other portable electronic and non-electronic devices directly to OEMs; The design segment, provides a full spectrum of hardware and software product design and engineering services. The majority of revenue is generated from the Design segment.

Ticker

$FORD

Sector

Digital Hardware
Primary listing

Employees

100

FORD Metrics

BasicAdvanced
$3.1B
-
-$3.33
0.60
-

Bulls say / Bears say

Following the May 16, 2025 agreement, Forward Industries secured an equity line purchase commitment of up to $35 million from C/M Capital Master Fund, providing substantial flexibility to fund operations and reduce liquidity risk. (SEC Form 8-K)
On May 23, 2025, the company closed a $1 million Series B preferred stock financing with C/M Capital Master Fund and Worth Venture Partners, bolstering near-term cash reserves. (S&P Capital IQ)
In the nine months ended June 30, 2025, Forward Industries realized a $1.406 million gain on the sale of its OEM distribution segment, offsetting some operational losses. (StockTitan)
Revenue for the nine months ending June 30, 2025 fell 32.8% year-over-year to $10.24 million as its largest design customer discontinued a program representing over 30% of 2024 revenue. (StockTitan)
In Q2 2025, revenue dropped 38.4% to $3.12 million and net loss widened 162% to $1.45 million, undershooting management’s improvement targets. (AInvest)
Management disclosed substantial doubt about the company’s ability to continue as a going concern, with cash on hand of just $1.26 million at June 30, 2025 and reliance on dilutive financings. (StockTitan)
Data summarised monthly by Lightyear AI. Last updated on 21 Aug 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $FORD

Sign up or log in to buy
Capital at risk
Market closed

Upcoming events

No upcoming events
FAQs