FORWARD INDUSTRIES, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $24.8M | $27.5M | $30.0M | $33.4M | $30.9M | $29.4K | $22.8K | $19.0M |
| Cost of Revenue | $20.6M | $22.4M | $24.2M | $26.8M | $24.5M | $25.5M | $17.7M | $14.8M |
| Gross Profit | $4.2M | $5.1M | $5.8M | $6.6M | $6.4M | $3.9M | $5.1M | $4.2M |
| Gross Margin | 16.9% | 18.5% | 19.3% | 19.6% | 20.6% | 13,230.5% | 22,321.2% | 22.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.1M | $2.6M | $4.9M | $3.8M | $3.5M | $5.6M | $4.6M | $3.6M |
| Operating Income | $598.5K | $617.0K | $-1.5M | $-98.7K | $705.8K | $-3.3M | $-2.1M | $-1.6M |
| Operating Margin | 2.4% | 2.2% | -5.0% | -0.3% | 2.3% | -11,100.2% | -9,401.0% | -8.3% |
| Interest Expense | $0 | — | — | — | — | — | — | — |
| Pretax Income | $579.3K | $606.6K | $-1.6M | $-473.9K | $5.9K | $-3.3M | $-2.1M | $-1.6M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $507 | $15.1K | $-56.1K | $124.0K |
| Net Income | $579.3K | $606.6K | $-1.4M | $-799.9K | $-206.9K | $-9.6M | $-2.9M | $-1.7M |
| Net Margin | 2.3% | 2.2% | -4.8% | -2.4% | -0.7% | -32,765.6% | -12,742.3% | -8.9% |
| EPS (Basic) | $0.01 | $0.01 | $-0.04 | $-0.02 | $-0.02 | $-0.20 | $-0.06 | $-0.04 |
| EPS (Diluted) | $0.01 | $0.01 | $-0.04 | $-0.02 | $-0.02 | $-0.20 | $-0.06 | $-0.04 |
| Shares Outstanding (Basic) | 52.4M | 51.1M | 50.1M | 49.1M | 48.7M | 48.6M | 48.5M | 47.9M |
| Shares Outstanding (Diluted) | 52.9M | 52.1M | 50.1M | 49.1M | 48.7M | 48.6M | 48.5M | 47.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |