FORWARD INDUSTRIES INC (FWDI)
NASDAQConsumer DiscretionaryAsset Management - CryptocurrencySnapshot 2026-11-05
$5.70-11.35%
Close 2026-11-05 · 1-day change
NASDAQConsumer DiscretionaryAsset Management - CryptocurrencySnapshot 2026-11-05
QuarterlyIQ Insights · FWDI
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
“Our accelerating growth in both total SOL and SOL per share demonstrates the power of our disciplined capital allocation and differentiated ‘SOL++’ strategy.
Stated in 1 of 1 supplied quarters. Management reported: “|| · | SOL per Share : SOL per share on a fully diluted basis increased to 0.0730 as of June 30, 2026, from 0.0669 as of March 31, 2026, representing sequential growth of 9%, or approximately 36% on an annualized basis.” “2 SOL per share on a fully diluted basis increased to 0.0806 as of September 30, 2026, from 0.0730 as of June 30, 2026, representing quarterly growth of 10.4%, or approximately 42% on an annualized basis.”
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated weak grew net income 56% of the time over the next year (vs 52% for the rest of the cohort, n=5250).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
““Fiscal Q3 was another strong period of execution for Forward as we expanded our Solana treasury while delivering meaningful growth in SOL per share,” said Kyle Samani, Chairman of Forward Industries.”
Forward remains on track to reduce average quarterly SG&A expenses, excluding stock-based compensation, to approximately $4.8 million.
Stated in 1 of 1 supplied quarters. Management reported: “Forward remains on track to reduce average quarterly SG&A expenses, excluding stock-based compensation, to approximately $4.8 million.” “Excluding stock-based compensation, SG&A expenses were $4.3 million.”
“Forward remains on track to reduce average quarterly SG&A expenses, excluding stock-based compensation, to approximately $4.8 million.”
We also repurchased more than 2.5 million shares of Forward common stock, reflecting our disciplined approach to capital allocation and focus on driving per-share value.
Stated in 1 of 1 supplied quarters. Management reported: “|| · | Executed Accretive Share Repurchases : During the quarter, Forward repurchased 2,561,376 shares of common stock when management determined that doing so was accretive to SOL per share.” “We also repurchased more than 2.5 million shares of Forward common stock, reflecting our disciplined approach to capital allocation and focus on driving per-share value.”
“We also repurchased more than 2.5 million shares of Forward common stock, reflecting our disciplined approach to capital allocation and focus on driving per-share value.”
ONyc’s market capitalization increased 40.7% from approximately $203.4 million at the end of June 2026 to approximately $286.2 million as of September 30, 2026, and has grown approximately 100% since…
Stated in 1 of 1 supplied quarters. Management reported: “|| · | OnRe Investment Update : In May 2026, Forward invested in OnRe, a Solana-based tokenized reinsurance platform, and committed to provide up to $25 million of liquidity to its ONyc token.” “ONyc’s market capitalization increased 40.7% from approximately $203.4 million at the end of June 2026 to approximately $286.2 million as of September 30, 2026, and has grown approximately 100% since Forward’s investment in May 2026.”
“The investment supports Forward’s broader strategy to generate diversified, U.S. dollar-denominated yield while supporting the growth of Solana-native financial infrastructure.”
Actively evaluate and pursue acquisitions of digital asset treasury companies and strategic businesses accretive to SOL per share and scale of treasury.
Over the trailing year it converted 0.01x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
42 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Consumer Discretionary names rated volatile grew net income 55% of the time over the next year (vs 53% for the rest of the cohort, n=4931).
Not investment advice. As of 2026-11-05.