For the quarter ending 2025-09-30, FGI made $35,848,861 in revenue. -$1,651,332 in net income. Net profit margin of -4.61%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 35,848,861 | 30,998,260 | 33,212,548 | 33,173,972.5 |
| Cost of revenue | 26,350,193 | 22,291,653 | 24,312,290 | 24,596,064.5 |
| Gross profit | 9,498,668 | 8,706,607 | 8,900,258 | 8,577,908 |
| Selling and distribution | 6,060,571 | 6,209,728 | 7,163,178 | 6,540,927.5 |
| General and administrative | 2,784,507 | 2,844,715 | 2,701,213 | 2,470,376.5 |
| Research and development | 283,867 | 484,502 | 316,726 | 358,305.5 |
| Total operating expenses | 9,128,945 | 9,538,945 | 10,181,117 | 9,369,609.5 |
| Income (loss) from operations | 369,723 | -832,338 | -1,280,859 | -791,701.5 |
| Interest income | 661 | 1,688 | 441 | 2,547.5 |
| Interest expense | 402,836 | 282,191 | 302,760 | 287,614 |
| Other (expenses) income, net | -36,015 | -466,200 | 28,091 | 311,989.5 |
| Total other expenses, net | -438,190 | -746,703 | -274,228 | 26,923 |
| Loss before income taxes | -68,467 | -1,579,041 | -1,555,087 | -764,778.5 |
| Current | 236,226 | 29,339 | 19,168 | 88,540.5 |
| Deferred | 1,643,373 | -243,915 | -758,698 | -347,012 |
| Total provision for (benefit of) income taxes | 1,879,599 | -214,576 | -739,530 | -258,471.5 |
| Net loss | -1,948,066 | -1,364,465 | -815,557 | -506,307 |
| Less net loss attributable to non-controlling shareholders | -296,734 | -132,941 | -186,465 | -99,048.5 |
| Net loss attributable to fgi industries ltd. shareholders | -1,651,332 | -1,231,524 | -629,092 | -407,258.5 |
| Foreign currency translation adjustment | - | 603,035 | 86,432 | - |
| Comprehensive loss attributable to fgi industries ltd. shareholders | - | -628,489 | -542,660 | - |
| Basic (in dollars per share) | -0.86 | -0.64 | -0.07 | -0.045 |
| Basic (in shares) | 1,918,311 | 1,918,248 | 9,578,983 | -4,781,763 |
| Diluted (in dollars per share) | -0.86 | -0.64 | -0.07 | -0.045 |
| Diluted (in shares) | 1,918,311 | 1,918,248 | 9,578,983 | -4,849,154 |
FGI Industries Ltd. (FGI)
FGI Industries Ltd. (FGI)