Forward Industries, Inc. Common Stock (FWDI) — Analysis Summary
Forward Industries, Inc. Common Stock (FWDI) has a market cap of $548.51M with year-over-year revenue growth of -39.8%. Net margin stands at -918.1%. The stock trades at a P/E ratio of -0.5.
Key Takeaways
- Revenue changed -39.8% year-over-year
- Net margin of -918.1%
- P/E ratio of -0.5
Compared to other companies in the FINANCE SERVICES sector, FWDI posted revenue growth of -39.8% and trades at a P/E of -0.5.
Forward Industries, Inc. Common Stock (FWDI)
PREVIOUS CLOSE 2026-10-12 · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsHigh Risk Signals
Multiple material red flags are active and deserve closer underwriting before relying on any valuation output.
Interest coverage at -1596.2x — earnings do not cover interest payments
Current ratio at 0.17x — severe short-term liquidity risk
Operating margin at -1771.6% — severe operating losses
Net margin at -2073.8% — losses exceed revenue (possible one-time charges)
Forward Industries Inc is a Solana-focused digital asset treasury company, with the idea to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols, and businesses. Its mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to, and investing in the Solana network, Solana developers, and Solana-related projects in order to increase shareholder value. In connection with a private placement transaction in September 2025, it launched a digital asset treasury idea supported by investors and operating partners, including Galaxy Digital and Jump Crypto.
Sector
FINANCE SERVICES
Employees
60
Headquarters
AUSTIN, TX
Exchange
XNAS
Systematic competitive advantage assessment based on 4yr data
This assessment is based on quantitative analysis of historical financial data and does not constitute investment advice. Moat ratings may change with industry and competitive dynamics.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Annual Dividend/Share
$0.42
Dividend Yield
5.87%
Dividend History
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.