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FAQ: Forward Industries' Fiscal 2025 Results and Solana Treasury Strategy

By NewsRamp Editorial Team

TL;DR

Forward Industries' new Solana treasury strategy generated $4.6 million in staking revenue in under a month, offering investors potential SOL-per-share growth advantages.

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 demonstrates long-term commitment to innovation and industry partnerships.

Forward Industries, traditionally a design company for medical and tech firms, now operates as a leading Solana treasury company with backing from Galaxy Digital and Jump Crypto.

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FAQ: Forward Industries' Fiscal 2025 Results and Solana Treasury Strategy

This announcement covers Forward Industries' fiscal 2025 financial results, which reflect early performance from the company's new Solana treasury strategy that began in September 2025.

Fiscal 2025 net revenue was $18.2 million compared to $20.0 million in the prior year, with operating expenses of $13.6 million versus $7.3 million, and the company reported a $160 million non-cash, unrealized mark-to-market loss on SOL holdings.

Despite less than one month of activity under the new strategy, the company generated approximately $4.6 million in staking revenue during the fourth quarter and continues building toward long-term SOL-per-share growth.

The company initiated its Solana treasury strategy in September 2025.

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 leading companies and brands.

The strategy is supported by industry leading investors and operating partners including Galaxy Digital, Jump Crypto, and Multicoin Capital.

The $160 million represents a non-cash, unrealized mark-to-market loss on SOL holdings that is required to be reported under current accounting standards, but does not represent actual cash losses.

Investors can visit the company's newsroom at https://ibn.fm/FWDI for the latest news and updates, or learn more about the Solana treasury strategy at sol.forwardindustries.com.

The strategy is dedicated to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management of the company's treasury.

The full press release can be viewed at https://ibn.fm/jmd0Q.

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NewsRamp Editorial Team

NewsRamp Editorial Team

@newsramp

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