Forward Industries Past Earnings Performance
Past criteria checks 0/6
Forward Industries's earnings have been declining at an average annual rate of -13.8%, while the Luxury industry saw earnings growing at 14% annually. Revenues have been growing at an average rate of 4.4% per year.
Key information
-13.8%
Earnings growth rate
-13.0%
EPS growth rate
| Luxury Industry Growth | 14.0% |
| Revenue growth rate | 4.4% |
| Return on equity | -58.5% |
| Net Margin | -6.3% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Forward Industries GAAP EPS of -$0.04, revenue of $10.59M
Aug 10Forward Industries (NASDAQ:FORD) Could Be Struggling To Allocate Capital
May 26
Here's Why Forward Industries, Inc.'s (NASDAQ:FORD) CEO May Not Expect A Pay Rise This Year
Feb 10Is Forward Industries (NASDAQ:FORD) Using Too Much Debt?
Feb 05Forward Industries (NASDAQ:FORD) Is Carrying A Fair Bit Of Debt
Oct 06Is Forward Industries (NASDAQ:FORD) A Risky Investment?
Jun 17Is Forward Industries (NASDAQ:FORD) A Risky Investment?
Mar 02How Much is Forward Industries' (NASDAQ:FORD) CEO Getting Paid?
Jan 08
Forward Industries EPS beats by $0.01, beats on revenue
Dec 17Forward Industries expands its outsourced manufacturing service
Nov 03This section of the company report contains some beta features.
Revenue & Expenses BreakdownBeta
How Forward Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 41 | -3 | 9 | 0 |
| 31 Mar 23 | 42 | -3 | 9 | 0 |
| 31 Dec 22 | 42 | -2 | 10 | 0 |
| 30 Sep 22 | 42 | -1 | 10 | 0 |
| 30 Jun 22 | 43 | -1 | 9 | 0 |
| 31 Mar 22 | 43 | 0 | 9 | 0 |
| 31 Dec 21 | 41 | 0 | 9 | 0 |
| 30 Sep 21 | 39 | 1 | 9 | 0 |
| 30 Jun 21 | 37 | 1 | 9 | 0 |
| 31 Mar 21 | 36 | 0 | 9 | 0 |
| 31 Dec 20 | 36 | 0 | 8 | 0 |
| 30 Sep 20 | 34 | -2 | 8 | 0 |
| 30 Jun 20 | 35 | -4 | 9 | 0 |
| 31 Mar 20 | 35 | -3 | 9 | 0 |
| 31 Dec 19 | 36 | -3 | 10 | 0 |
| 30 Sep 19 | 37 | -4 | 10 | 0 |
| 30 Jun 19 | 38 | -2 | 8 | 0 |
| 31 Mar 19 | 38 | -1 | 8 | 0 |
| 31 Dec 18 | 38 | 1 | 7 | 0 |
| 30 Sep 18 | 34 | 1 | 6 | 0 |
| 30 Jun 18 | 31 | 1 | 6 | 0 |
| 31 Mar 18 | 29 | 2 | 4 | 0 |
| 31 Dec 17 | 25 | 0 | 4 | 0 |
| 30 Sep 17 | 25 | 1 | 4 | 0 |
| 30 Jun 17 | 25 | 1 | 4 | 0 |
| 31 Mar 17 | 24 | 0 | 4 | 0 |
| 31 Dec 16 | 27 | 1 | 4 | 0 |
| 30 Sep 16 | 27 | 1 | 4 | 0 |
| 30 Jun 16 | 28 | 1 | 4 | 0 |
| 31 Mar 16 | 29 | 1 | 4 | 0 |
| 31 Dec 15 | 29 | 0 | 5 | 0 |
| 30 Sep 15 | 30 | -2 | 7 | 0 |
| 30 Jun 15 | 32 | -3 | 8 | 0 |
| 31 Mar 15 | 33 | -3 | 9 | 0 |
| 31 Dec 14 | 33 | -3 | 8 | 0 |
| 30 Sep 14 | 33 | -1 | 7 | 0 |
| 30 Jun 14 | 32 | -1 | 6 | 0 |
| 31 Mar 14 | 31 | -1 | 6 | 0 |
| 31 Dec 13 | 32 | 0 | 6 | 0 |
| 30 Sep 13 | 31 | -1 | 6 | 0 |
| 30 Jun 13 | 33 | -2 | 7 | 0 |
| 31 Mar 13 | 32 | -2 | 7 | 0 |
| 31 Dec 12 | 30 | -3 | 7 | 0 |
Quality Earnings: FORD is currently unprofitable.
Growing Profit Margin: FORD is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FORD is unprofitable, and losses have increased over the past 5 years at a rate of 13.8% per year.
Accelerating Growth: Unable to compare FORD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FORD is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-13.8%).
Return on Equity
High ROE: FORD has a negative Return on Equity (-58.45%), as it is currently unprofitable.