NASDAQ$FWDI

Forward Industries Inc · Q2 2024 earnings

Q2 2024 earnings ·

Briefing

FWDI Q2 2024 — $104K revenue, 0.05 EPS

Retail Exit”) and is presenting the results of operations. Forward Industries Inc reported Q2 2024 results. Diluted EPS came in at $0.05. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $104K.
  • Diluted EPS: $0.05.
  • Gross profit: $1.6M.

Headline financials

Total Revenue

$7.83M

Previous: $10.7M-26.5%
EPS

-$0.05

Previous: -$0.09+44.4%
Capital Expenditures

-$40.4K

Previous: -$69.8K+42.1%
Free Cash Flow

-$594K

Previous: -$941K+36.9%
Net Income

-$553K

Previous: -$871K+36.5%
Operating Income

-$540K

Previous: -$844K+36.1%
Gross Profit

$1.61M

Previous: $1.51M+6.3%
Cash & Equivalents

$2.26M

Previous: $2.36M-4.0%
Total Assets

$15.2M

Previous: $20.3M-25.1%

Revenue & EPS history

Forward Industries Inc · Revenue · Quarterly

$7.83M

Q2 2024-26.5%vs Q2 2023
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Revenue by segment

Forward Industries Inc · $13M total across 2 segments · Q2 2026

  • Digital Assets
    $9.33M
  • Design
    $3.63M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.8%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-0.8%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+9.3%

Q3 2025

Best reaction

-5.0%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+9.2%-12.5%
Q1 2026-1.4%-3.7%-4.3%
Q3 2025+9.3%-18.0%+169.2%
Q2 2025-1.2%-9.4%-22.0%
Q1 2025+2.3%-5.9%-37.1%
Q3 2024-5.0%-5.2%-3.4%
Q2 2024+0.0%+0.0%+0.0%
Q1 2024+0.0%-6.7%-38.7%
Q3 2023+1.1%-5.7%-8.0%
Q2 2023-1.0%-2.9%-2.0%
Q1 2023-2.9%-8.1%-22.1%
Q3 2022+3.5%+3.5%-14.6%
Q2 2022+0.0%+0.0%+11.7%
Q1 2022+0.6%+5.7%+0.6%
Q3 2021-1.9%-6.9%-7.7%
Q2 2021-3.1%+7.0%+28.5%
Q1 2021+7.1%+20.9%-12.8%
Q3 2020-0.7%+33.1%+4.3%
Q2 2020+0.7%-5.1%-8.8%
Q1 2020+0.0%-2.6%-13.2%
Q3 2019+0.9%+1.8%+7.3%
Q2 2019+0.0%-4.2%-20.1%
Q1 2019+1.8%-0.6%-8.5%
Q3 2018+1.8%-13.7%-9.5%
Q2 2018+0.0%-3.8%-7.5%
Q3 2016+0.0%-2.0%-2.0%
Q2 2016
Q1 2016

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