Designs consumer and industrial electronics products, including medical devices.
Jun 2026Revenue $53.1M/yrExpenses $994M/yr
No trend
Figures by year
When will Forward Industries be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $53.1M and expenses $994M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Sep 2025 | $18.2M | $26.6M | −$8.39M |
| Sep 2024 | $20.0M | $22.1M | −$2.15M |
| Sep 2023 | $36.7M | $36.5M | $160K |
| Sep 2022 | $38.2M | $37.6M | $588K |
| Sep 2021 | $39.0M | $39.8M | −$765K |
| Sep 2020 | $34.5M | $36.5M | −$1.98M |
| Sep 2019 | $37.4M | $40.5M | −$3.10M |
| Sep 2018 | $34.5M | $34.2M | $261K |
| Sep 2017 | $24.8M | $24.2M | $598K |
| Sep 2013 | $30.9M | $30.2M | $706K |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.