Forward Industries EV/FCF

What does Forward Industries do? Forward Industries, Inc. generates revenue through its segments of distribution and design, offering hardware and software product design and engineering services. The company provides OEM products such as carrying cases for medical monitoring and diagnostic kits, along with accessories for portable electronics including smartphones, GPS devices, tablets, and firearms. Its services encompass electrical, mechanical, software, and industrial engineering, IoT system architecture, and marketing for medical and consumer products. The company serves clients requiring comprehensive design and engineering solutions for both medical and consumer electronics. Intelligent Product Solutions, Inc. (IPS), a subsidiary of Forward Industries, delivers specialized engineering services including optical engineering and IoT system architecture. The company’s design and engineering services target medical monitoring equipment, portable electronics, and consumer products like bar code scanners and sporting goods. OEM products such as carrying cases and accessories for medical kits are key revenue drivers within the distribution segment. Clients include manufacturers needing turnkey solutions for product development and engineering. Forward Industries’ product portfolio spans medical monitoring and diagnostic kits, portable electronics, and recreational items. Its services support the full product lifecycle from design to marketing, with a focus on IoT integration and industrial design. The company’s engineering expertise covers electrical, mechanical, and software domains, enabling it to serve clients in medical, consumer electronics, and recreational markets. Revenue is derived from both the design services and the distribution of OEM products like carrying cases and accessories. Forward Industries is one of the most popular companies on Eulerpool.