Company / Free Cash Flow
Forward Industries, Inc. Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$4.5M
FY2025
5-year range
-$4.5M / $1.4M
FY2021-FY2025
Trend
-1096.0%
vs FY2024
Sector context
#260 of 294
Financials
What the data says
Free Cash Flow changed -1096% YoY in FY2025, a notable deviation from the 9-year average annual change of -59%.
Based on SEC 10-K filings.
-$5M in FY2025.
Declined from $904,946 to -$5M over the past 2 years.
Financials sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 12% in FinancialsTop 88% of 294This company -$4.5M Sector average $629.3M
▼
-100.7% below sector average
Key checks
Key Insights
- Forward Industries, Inc.'s free cash flow has declined for 3 consecutive years.
- In FY2025, free cash flow decreased 1096.0% year-over-year.
- Ranks #260 out of 294 companies in the Financials sector.
- Peak free cash flow was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 128.18 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$4.5M | -1096.0% |
| FY2024 | $454.6K | -49.8% |
| FY2023 | $904.9K | -33.7% |
| FY2022 | $1.4M | +329.2% |
| FY2021 | -$595.5K | -79.7% |
| FY2020 | -$331.4K | +83.5% |
| FY2019 | -$2.0M | -322.4% |
| FY2018 | $900.6K | +754.3% |
| FY2017 | -$137.6K | -119.1% |
| FY2016 | $720.2K | +135.0% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026