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Forward Industries Fiscal 2025 Results & Solana Treasury Strategy FAQ
TL;DR
Forward Industries' Solana treasury strategy generated $4.6 million in staking revenue in one month, offering investors early momentum in crypto treasury management.
Forward Industries reported $18.2 million in fiscal 2025 revenue with $13.6 million in operating expenses and a $160 million non-cash mark-to-market loss on SOL holdings.
Forward Industries' 60-year history of developing products for medical and technology companies now includes a Solana strategy to build long-term value for stakeholders.
Forward Industries partners with Galaxy Digital and Jump Crypto on its Solana treasury strategy, aiming to increase SOL-per-share through active management.
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The press release reports Forward Industries' fiscal 2025 financial results, focusing on the early performance of its new Solana treasury strategy, including staking revenue and a significant non-cash accounting loss on SOL holdings.
For the twelve months ended September 30, 2025, net revenue was $18.2 million (down from $20.0 million the prior year), operating expenses were $13.6 million (up from $7.3 million), and the company reported a $160 million non-cash, unrealized mark-to-market loss on its SOL holdings.
Forward Industries initiated a Solana treasury strategy in September 2025 dedicated to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management of the company's treasury.
Despite less than one month of activity under the new strategy during the fourth quarter, the company generated approximately $4.6 million in staking revenue and continues building toward long-term SOL-per-share growth.
The strategy is supported by industry leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital.
This is a non-cash, unrealized mark-to-market loss on SOL holdings that is required to be reported under current accounting standards, reflecting changes in SOL's market value rather than actual cash losses.
Forward Industries is a global design company that has served top tier medical and technology companies for over 60 years, developing and producing products for world-leading companies and brands.
For more information, visit sol.forwardindustries.com.
The full press release is available at https://ibn.fm/jmd0Q.
The release contains forward-looking statements subject to risks and uncertainties that may cause actual results to differ materially, and undue reliance should not be placed on these statements when making investment decisions.
Curated from NewMediaWire
