FWDI — Stock Film
STOCK FILMSCENE 1/11FWDI · $4.17
Stock Expert AI presents
FWDI
Forward Industries, Inc
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Forward Industries, Inc. A quick introduction.

On the stock market since 1994, it operates in the world of consumer spending. It has 60 employees. Now — the numbers.

on the stock market since 1994
60 employees
$307.6M market value
Revenue last year:
$0
The loss that same year:
$0
For every $1 it earns, the company spends $10.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

WHERE DOES THE MONEY COME FROM?
66%Design
Design 66%OEM Distribution 34%
66% of all revenue comes from a single line: Design.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

THE SALES TREND
Sales have been shrinking.

An average decline of 17% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$39M
2021
$42.3M
2022
$36.7M
2023
$30.2M
2024
$18.2M
2025
In the vault right now:
$0
DEBT: $2.5M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
17
very weak

Clearly below the class average.

FINANCIAL STRENGTH
39
weak

Clearly below the class average.

VALUATION
11
very weak

Clearly below the class average.

GROWTH
1
very weak

Clearly below the class average.

PRICE MOMENTUM
9
very weak

Clearly below the class average.

WORTH WATCHING

Growth: Sales growth trails the sector average.

Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.

THE FIVE-YEAR JOURNEY
A big climb, then a hard fall.

An investor who bought at the very peak is down 89% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/2
Executives are buying their own stock

Over the last 12 months, company executives reported 22 buys and 0 sells. Management buying with its own money is usually read as a good sign.

2
THE BRIGHT SIDE · 2/2
Analysts’ target sits above today’s price

The average analyst price target is $7.9089% above today’s price.

1
THE RISKS · 1/2
Small sales, big loss

A loss of $167.0M against $18.2M in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/2
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
F
0 / 100 · MoonshotScore

On our five-subject report card, FWDI sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: FWDI is a small company that closed last year at a loss. The road back to profit runs through spending discipline.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (11/100) says the stock isn’t cheap.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Jul 21, 2026 · stockexpertai.com · Stock Film