Forward Industries, Inc. operates within the Plastics products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Forward Industries with three other
plastic product manufacturers in North America:
Advanced Drainage Systems Inc
(2020
sales of $1.67 billion
of which 81%
was Domestic),
Hanwei Energy Services Corp
of CANADA
(10.30 million Canadian Dollars [US$8.15 million]
), and
Armstrong World Industries Inc
($936.90 million
of which 77%
was Mineral Fiber).
Sales Analysis.
During the year ended September of 2020, sales at
Forward Industries were $34.48 million.
This
is
a
decrease of 7.8%
versus 2019, when the company's sales were $37.41 million.
Contributing to the drop in overall sales was the 11.0% decline
in Design, from $15.42 million to $13.73 million.
There were also decreases in sales in
Distribution (down 5.6% to $20.75 million)
.