Company profile

Ticker
FORD
Exchange
CEO
Terence Bernard Wise
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Forward Industries Inc
SEC CIK
IRS number
131950672

FORD stock data

(
)

Calendar

14 Aug 19
24 Aug 19
30 Sep 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 9.91M 8.17M 10.18M 9.61M
Net income -104.06K -1.13M -530.53K 148.72K
Diluted EPS -0.01 -0.12 -0.06 0.02
Net profit margin -1.05% -13.84% -5.21% 1.55%
Operating income -49.87K -1.08M -480.53K 187.99K
Net change in cash 323.36K -2.03M 47.42K 28.28K
Cash on hand 2.71M 2.39M 4.42M 4.37M
Cost of revenue 8.01M 6.86M 8.88M 7.73M
Annual (USD) Sep 18 Sep 17 Sep 16 Sep 15
Revenue 34.5M 24.76M
Net income 1.38M 579.35K 606.56K -1.43M
Diluted EPS 0.15 0.07 .07 -0.23
Net profit margin 4.00% 2.34%
Operating income 260.65K 598.47K 616.95K -1.51M
Net change in cash -253.12K -137.64K 718.5K -2.44M
Cash on hand 4.37M 4.62M 4.76M 4.04M
Cost of revenue 27.93M 20.57M 22.4M 24.22M

Financial data from company earnings reports

Financial report summary

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Management Discussion
  • As previously disclosed, the Company received a letter from the Financial Industry Regulatory Authority ("FINRA") notifying the Company that FINRA was investigating trading in the Company's securities surrounding the January 18, 2018 announcement that the Company had acquired Intelligent Product Solutions, Inc. (the "FINRA Investigation"). On May 8, 2018, the Company received notice from FINRA that the FINRA Investigation had been completed and that the matter had been referred to the SEC.
  • On February 13, 2019, the SEC served certain of the Company's executive officers and the Custodian of Record (the Company's Chief Financial Officer) with subpoenas related to its investigation on this matter. The Company's officers and the Custodian of Record who received subpoenas are currently working with legal representation to comply with all subpoena requests and demands.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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Removed: cellular, deficit, met, specifically, travel