FORD RSI Chart
Last 30 days
6%
Last 90 days
-24.3%
Trailing 12 Months
-46.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 30.7M | 0 | 0 | 0 |
2023 | 36.7M | 36.2M | 36.2M | 33.6M |
2022 | 42.8M | 43.5M | 38.2M | 36.3M |
2021 | 36.3M | 36.7M | 39.0M | 40.9M |
2020 | 35.4M | 35.0M | 34.5M | 35.8M |
2019 | 37.5M | 37.9M | 37.4M | 35.6M |
2018 | 29.0M | 31.2M | 34.5M | 38.3M |
2017 | 24.4M | 25.1M | 24.8M | 24.5M |
2016 | 29.0M | 28.4M | 27.5M | 26.9M |
2015 | 33.4M | 31.6M | 30.0M | 29.2M |
2014 | 31.3M | 31.7M | 33.4M | 32.9M |
2013 | 31.8M | 32.7M | 30.9M | 32.4M |
2012 | 24.2M | 25.7M | 29.4M | 30.2M |
2011 | 20.9M | 21.8M | 22.8M | 23.0M |
2010 | 0 | 0 | 19.0M | 19.9M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 25, 2023 | shah sangita | bought | 3,083 | 1.0279 | 3,000 | - |
May 24, 2023 | shah sangita | bought | 408 | 1.02 | 400 | - |
May 23, 2023 | shah sangita | bought | 2,758 | 1.0129 | 2,723 | - |
Dec 20, 2022 | hrynkow sharon hemond | bought | 11,281 | 1.14478 | 9,855 | - |
Dec 19, 2022 | ziglar james w | bought | 11,327 | 1.1327 | 10,000 | - |
Dec 13, 2021 | severino paul jean | sold | -3,980 | 1.99 | -2,000 | coo of subsidiary |
Dec 13, 2021 | maiman mitchell | sold | -6,920 | 1.73 | -4,000 | president of subsidiary |
Nov 12, 2021 | maiman mitchell | sold | -8,800 | 2.2 | -4,000 | president of subsidiary |
Nov 08, 2021 | severino paul jean | sold | -4,440 | 2.22 | -2,000 | coo of subsidiary |
Oct 12, 2021 | maiman mitchell | sold | -12,798 | 2.133 | -6,000 | president of subsidiary |
Which funds bought or sold FORD recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | STATE STREET CORP | unchanged | - | -9,447 | 30,801 | -% |
May 15, 2024 | MORGAN STANLEY | reduced | -0.05 | -711 | 3,525 | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | added | 189 | 1,029 | 1,758 | -% |
May 15, 2024 | Tower Research Capital LLC (TRC) | added | 0.58 | -1,082 | 5,572 | -% |
May 15, 2024 | TWO SIGMA SECURITIES, LLC | sold off | -100 | -22,819 | - | -% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | added | 47.01 | 1,327 | 11,939 | -% |
May 15, 2024 | CITADEL ADVISORS LLC | new | - | 13,533 | 13,533 | -% |
May 13, 2024 | GEODE CAPITAL MANAGEMENT, LLC | unchanged | - | -4,579 | 14,929 | -% |
May 13, 2024 | UBS Group AG | sold off | -100 | -1,443 | - | -% |
May 13, 2024 | RENAISSANCE TECHNOLOGIES LLC | reduced | -0.21 | -65,000 | 321,000 | -% |
Unveiling Forward Industries Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Forward Industries Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
NKE | 140.2B | 51.6B | 26.8 | 2.72 | ||||
DECK | 22.8B | 4.1B | 31.53 | 5.54 | ||||
MID-CAP | ||||||||
SKX | 10.5B | 8.3B | 17.67 | 1.27 | ||||
CROX | 8.6B | 4.0B | 10.76 | 2.13 | ||||
SHOO | 3.1B | 2.1B | 16.82 | 1.48 | ||||
SMALL-CAP | ||||||||
DBI | 571.3M | 3.1B | 19.66 | 0.19 | ||||
WEYS | 286.9M | 303.3M | 10.64 | 0.95 | ||||
RCKY | 283.3M | 464.3M | 21.18 | 0.61 | ||||
VRA | 240.8M | 470.8M | 30.72 | 0.51 | ||||
FORD | 5.3M | 30.7M | -1.6 | 0.17 |
Forward Industries Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 9.5% | 7,830 | 7,152 | 5,622 | 10,127 | 10,658 | 9,753 | 5,690 | 10,589 | 10,315 | 11,614 | 10,945 | 9,965 | 8,395 | 9,718 | 8,605 | 9,549 | 7,931 | 8,393 | 9,144 | 9,909 | 8,172 |
Cost Of Revenue | 12.9% | 6,222 | 5,509 | 2,535 | 8,304 | 9,146 | 7,787 | 3,679 | 8,671 | 8,062 | 8,995 | 8,999 | 7,781 | 6,652 | 7,455 | 6,915 | 7,774 | 6,478 | 6,673 | 7,071 | 8,015 | 6,862 |
Gross Profit | -2.1% | 1,608 | 1,642 | 3,087 | 1,823 | 1,512 | 1,966 | 2,011 | 1,918 | 2,253 | 2,619 | 1,945 | 2,183 | 1,743 | 2,263 | 1,691 | 1,775 | 1,453 | 1,720 | 2,073 | 1,894 | 1,311 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,120 | 1,749 | 3,564 | 1,944 | 2,386 |
S&GA Expenses | 0.6% | 371 | 369 | -371 | 711 | 773 | 411 | -628 | 664 | 704 | 738 | 701 | 621 | 578 | 603 | 472 | 464 | 479 | 535 | 528 | 539 | 428 |
EBITDA Margin | 83.3% | 0.03* | 0.01* | 0.02* | 0.00* | 0.00* | 0.02* | 0.02* | -0.01* | 0.01* | 0.00* | 0.03* | 0.03* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -10.7% | 17.00 | 19.00 | 24.00 | 25.00 | 27.00 | 28.00 | 29.00 | 30.00 | 31.00 | 33.00 | 33.00 | 46.00 | 47.00 | 46.00 | 43.00 | 37.00 | 44.00 | 51.00 | 51.00 | 52.00 | 53.00 |
Income Taxes | - | - | - | 20.00 | - | - | - | 3.00 | - | - | - | - | - | - | - | 9.00 | - | - | - | -23.09 | - | - |
Earnings Before Taxes | -43.2% | -545 | -381 | 1,847 | -536 | -870 | -91.31 | 1,048 | -418 | -356 | 180 | -84.09 | 244 | -834 | 1,199 | -97.64 | -215 | -1,371 | -81.66 | -1,842 | -104 | -1,130 |
EBT Margin | 618.4% | 0.01* | 0.00* | 0.01* | -0.01* | -0.01* | 0.00* | 0.01* | -0.02* | 0.00* | -0.01* | 0.01* | 0.01* | - | - | - | - | - | - | - | - | - |
Net Income | -56.2% | -553 | -354 | -1,898 | -536 | -870 | -430 | -783 | -418 | -356 | 180 | -84.09 | 244 | -834 | 1,199 | -106 | -215 | -1,371 | -81.66 | -1,838 | -104 | -1,130 |
Net Income Margin | 0.3% | -0.11* | -0.11* | -0.10* | -0.07* | -0.07* | -0.05* | -0.04* | -0.02* | 0.00* | -0.01* | 0.01* | 0.01* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -790.4% | -664 | 96.00 | 459 | 565 | 74.00 | -193 | 348 | 786 | -841 | 1,072 | -196 | 37.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -7.1% | 15,191 | 16,344 | 17,386 | 19,244 | 20,288 | 21,858 | 20,939 | 23,229 | 21,973 | 21,978 | 19,856 | 18,931 | 17,199 | 18,609 | 19,356 | 18,640 | 16,185 | 18,705 | 16,094 | 17,368 | 16,416 |
Current Assets | -9.4% | 9,512 | 10,495 | 11,370 | 13,063 | 13,973 | 15,388 | 14,337 | 16,371 | 14,941 | 14,823 | 12,795 | 11,696 | 10,396 | 11,658 | 12,222 | 12,580 | 9,963 | 10,979 | 11,838 | 13,010 | 12,256 |
Cash Equivalents | -25.3% | 2,262 | 3,027 | 3,180 | 2,821 | 2,356 | 2,332 | 2,576 | 2,278 | 1,541 | 2,432 | 1,410 | 1,605 | 1,529 | 2,332 | 2,925 | 3,085 | 1,348 | 2,069 | 3,093 | 2,710 | 2,386 |
Inventory | -23.8% | 309 | 405 | 334 | 1,893 | 2,921 | 4,139 | 651 | 4,872 | 3,897 | 2,972 | 2,063 | 1,907 | 2,149 | 1,257 | 1,276 | 727 | 636 | 1,100 | 1,609 | 1,304 | 1,433 |
Net PPE | -3.9% | 255 | 265 | 274 | 282 | 261 | 262 | 241 | 234 | 247 | 214 | 168 | 184 | 188 | 205 | 215 | 219 | 213 | 221 | 243 | 275 | 307 |
Goodwill | 0% | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,759 | 1,167 | 1,167 | 2,182 | 2,182 | 2,182 | 2,182 |
Liabilities | -4.3% | 13,422 | 14,031 | 14,770 | 14,760 | 15,284 | 15,998 | 14,673 | 16,232 | 14,601 | 14,315 | 12,412 | 11,440 | 10,045 | 10,783 | 12,773 | 12,458 | 9,857 | 11,042 | 8,383 | 7,853 | 6,830 |
Current Liabilities | -4.5% | 10,798 | 11,308 | 10,836 | 10,587 | 10,907 | 11,469 | 9,978 | 11,304 | 11,042 | 10,594 | 7,208 | 6,125 | 5,151 | 7,427 | 8,826 | 8,404 | 6,513 | 7,636 | 8,296 | 7,441 | 6,405 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 530 | 760 | - | - | - | - | 8.00 |
LT Debt, Non Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 530 | 760 | - | - | - | - | 8.00 |
Shareholder's Equity | -23.5% | 1,770 | 2,313 | 2,616 | 4,484 | 5,004 | 5,860 | 6,266 | 6,997 | 7,372 | 7,662 | 7,443 | 7,491 | 7,154 | 7,825 | 6,583 | 6,182 | 6,327 | 7,663 | 7,711 | 9,515 | 9,586 |
Retained Earnings | -3.1% | -18,593 | -18,040 | -17,686 | -15,787 | -15,251 | -14,380 | -13,949 | -13,166 | -12,747 | -12,391 | -12,571 | -12,487 | -12,731 | -11,896 | -13,095 | -12,988 | -12,773 | -11,401 | -11,320 | -9,481 | -9,377 |
Additional Paid-In Capital | 0.1% | 20,263 | 20,253 | 20,202 | 20,171 | 20,155 | 20,140 | 20,116 | 20,063 | 20,019 | 19,953 | 19,914 | 19,878 | 19,786 | 19,623 | 19,580 | 19,075 | 19,006 | 18,969 | 18,936 | 18,902 | 18,868 |
Shares Outstanding | 0% | 10,061 | 10,061 | 10,061 | 10,061 | 10,061 | 10,061 | 10,061 | 10,061 | 10,061 | 10,061 | 10,061 | 9,964 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | 7,800 | - | - | - | 12,000 | - | - | - | 18,700 | - | - | - | 7,400 | - | - | - | 9,400 |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -656.0% | -644 | 116 | 479 | 612 | 99.00 | -148 | 377 | 797 | -777 | 1,138 | -190 | 60.00 | 113 | -511 | 497 | -205 | 230 | -784 | 231 | 562 | -1,973 |
Share Based Compensation | -79.9% | 10.00 | 51.00 | 31.00 | 17.00 | 15.00 | 24.00 | 53.00 | 44.00 | 66.00 | 39.00 | 2.00 | 4.00 | 21.00 | 41.00 | 138 | 38.00 | 36.00 | 33.00 | 71.00 | - | 1.00 |
Cashflow From Investing | -7.2% | -20.92 | -19.51 | -19.56 | -46.70 | -24.71 | -45.11 | -29.29 | -10.84 | -63.48 | -66.02 | -6.04 | -23.29 | -7.40 | -30.48 | -334 | -28.53 | -20.78 | -6.43 | -3.56 | -5.40 | -4.45 |
Cashflow From Financing | 60.0% | -100 | -250 | -100 | -100 | -50.00 | -50.00 | -50.00 | -50.00 | -50.00 | -50.00 | 2.00 | 39.00 | -909 | -50.62 | -322 | 1,971 | -929 | -233 | 155 | -233 | -53.01 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||||
Revenues, net | $ 7,830,130 | $ 9,738,804 | $ 14,982,080 | $ 19,491,488 |
Cost of sales | 6,222,432 | 7,813,696 | 11,731,897 | 15,600,310 |
Gross profit | 1,607,698 | 1,925,108 | 3,250,183 | 3,891,178 |
Sales and marketing expenses | 370,839 | 450,380 | 739,575 | 861,554 |
General and administrative expenses | 1,776,491 | 1,566,549 | 3,430,561 | 3,249,360 |
Operating loss | (539,632) | (91,821) | (919,953) | (219,736) |
Fair value adjustment of earnout consideration | 0 | 0 | 0 | (40,000) |
Interest income | (18,712) | (856) | (36,180) | (856) |
Interest expense | 16,971 | 26,781 | 35,981 | 54,739 |
Other income, net | 7,846 | 965 | 7,158 | (23,595) |
Loss from continuing operations before income taxes | (545,737) | (118,711) | (926,912) | (210,024) |
Provision for income taxes | 0 | 0 | 0 | 0 |
Loss from continuing operations | (545,737) | (118,711) | (926,912) | (210,024) |
(Loss) / income from discontinued operations, net of tax | (7,477) | (752,237) | 19,478 | (1,091,199) |
Net loss | $ (553,214) | $ (870,948) | $ (907,434) | $ (1,301,223) |
Basic loss per share : | ||||
Basic loss per share from continuing operations | $ (0.05) | $ (0.01) | $ (0.09) | $ (0.02) |
Basic loss per share from discontinued operations | (0.00) | (0.07) | 0.00 | (0.11) |
Basic loss per share | (0.05) | (0.09) | (0.09) | (0.13) |
Diluted loss per share: | ||||
Diluted loss per share from continuing operations | (0.05) | (0.01) | (0.09) | (0.02) |
Diluted loss per share from discontinued operations | (0.00) | (0.07) | 0.00 | (0.11) |
Diluted loss per share | $ (0.05) | $ (0.09) | $ (0.09) | $ (0.13) |
Weighted average common shares outstanding: | ||||
Basic | 10,061,185 | 10,061,185 | 10,061,185 | 10,061,185 |
Diluted | 10,061,185 | 10,061,185 | 10,061,185 | 10,061,185 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) | Mar. 31, 2024 | Sep. 30, 2023 |
---|---|---|
Current assets: | ||
Cash | $ 2,261,853 | $ 3,180,468 |
Accounts receivable, net of allowances for credit losses of $771,189 and $955,965 as of March 31, 2024 and September 30, 2023, respectively | 6,484,427 | 6,968,778 |
Inventories, net | 308,895 | 334,384 |
Discontinued assets held for sale | 0 | 508,077 |
Prepaid expenses and other current assets | 457,071 | 378,512 |
Total current assets | 9,512,246 | 11,370,219 |
Property and equipment, net | 254,971 | 274,046 |
Intangible assets, net | 786,765 | 893,143 |
Goodwill | 1,758,682 | 1,758,682 |
Operating lease right-of-use assets, net | 2,810,059 | 3,021,315 |
Other assets | 68,737 | 68,737 |
Total assets | 15,191,460 | 17,386,142 |
Current liabilities: | ||
Note payable to Forward China | 750,000 | 0 |
Accounts payable | 147,518 | 518,892 |
Due to Forward China | 8,687,898 | 8,246,015 |
Deferred income | 228,827 | 297,407 |
Current portion of operating lease liability | 423,042 | 416,042 |
Accrued expenses and other current liabilities | 560,494 | 1,357,743 |
Total current liabilities | 10,797,779 | 10,836,099 |
Other liabilities: | ||
Note payable to Forward China | 0 | 1,100,000 |
Operating lease liability, less current portion | 2,623,814 | 2,833,782 |
Total other liabilities | 2,623,814 | 3,933,782 |
Total liabilities | 13,421,593 | 14,769,881 |
Commitments and contingencies | ||
Shareholders' equity: | ||
Common stock, par value $0.01 per share; 40,000,000 shares authorized; 10,061,185 shares issued and outstanding at March 31, 2024 and September 30, 2023 | 100,612 | 100,612 |
Additional paid-in capital | 20,263,242 | 20,202,202 |
Accumulated deficit | (18,593,987) | (17,686,553) |
Total shareholders' equity | 1,769,867 | 2,616,261 |
Total liabilities and shareholders' equity | $ 15,191,460 | $ 17,386,142 |