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Stocks · Industrials · Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures

FGI Industries Ltd.

FGI Clue Score23
United States Fiscal year ends December CIK 0001864943
$7.63 -1.55% Close, 12 Oct 2026
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Price $7.63 +480.23% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 25 Jan 2022. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Revenue181.9Operating income7.7Net income7.9EPS, diluted1.13Fiscal year 2022Revenue161.7 −11.1%Operating income5.1Net income3.7 −53.5%EPS, diluted0.39Fiscal year 2023Revenue117.2 −27.5%Operating income2.3Net income0.7 −80.1%EPS, diluted0.07Fiscal year 2024Revenue131.8 +12.4%Operating income−2.1Net income−1.2 −263.7%EPS, diluted−0.63Fiscal year 2025Revenue130.5 −1.0%Operating income−2.4Net income−6.1EPS, diluted−3.20
FY2021FY2022FY2023FY2024FY2025
Revenue 181.9 161.7 117.2 131.8 130.5
Growth −11.1% −27.5% +12.4% −1.0%
Operating income 7.7 5.1 2.3 −2.1 −2.4
Net income 7.9 3.7 0.7 −1.2 −6.1
Growth −53.5% −80.1% −263.7%
EPS, diluted 1.13 0.39 0.07 −0.63 −3.20

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2021Gross margin17.7%Operating margin4.2%Net margin4.3%Free cash flow margin−1.8%Fiscal year 2022Gross margin19.5%Operating margin3.1%Net margin2.3%Free cash flow margin−0.1%Fiscal year 2023Gross margin27.4%Operating margin2.0%Net margin0.6%Free cash flow margin1.2%Fiscal year 2024Gross margin26.9%Operating margin−1.6%Net margin−0.9%Free cash flow margin−7.3%Fiscal year 2025Gross margin27.0%Operating margin−1.8%Net margin−4.7%Free cash flow margin−0.2%
FY2021FY2022FY2023FY2024FY2025
Gross margin 17.7% 19.5% 27.4% 26.9% 27.0%
Operating margin 4.2% 3.1% 2.0% −1.6% −1.8%
Net margin 4.3% 2.3% 0.6% −0.9% −4.7%
Free cash flow margin −1.8% −0.1% 1.2% −7.3% −0.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow−3.2Capital expenditure−0.1Free cash flow−3.3Fiscal year 2022Operating cash flow1.0Capital expenditure−1.1Free cash flow−0.1Fiscal year 2023Operating cash flow2.2Capital expenditure−0.8Free cash flow1.4Fiscal year 2024Operating cash flow−7.4Capital expenditure−2.2Free cash flow−9.6 −801.8%Fiscal year 2025Operating cash flow0.7Capital expenditure−0.9Free cash flow−0.2
FY2021FY2022FY2023FY2024FY2025
Operating cash flow −3.2 1.0 2.2 −7.4 0.7
Capital expenditure −0.1 −1.1 −0.8 −2.2 −0.9
Free cash flow −3.3 −0.1 1.4 −9.6 −0.2
Growth −801.8%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2021Cash3.9Shareholders’ equity7.5Fiscal year 2022Cash10.1Shareholders’ equity22.7Fiscal year 2023Cash7.8Shareholders’ equity24.2Fiscal year 2024Cash4.6Shareholders’ equity22.3Fiscal year 2025Cash1.9Shareholders’ equity17.3
FY2021FY2022FY2023FY2024FY2025
Cash 3.9 10.1 7.8 4.6 1.9
Shareholders’ equity 7.5 22.7 24.2 22.3 17.3

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
17.7% 19.5% 27.4% 26.9% 27.0%
4.2% 3.1% 2.0% −1.6% −1.8%
4.9% 2.8% 1.2% −1.7% −3.3%
4.3% 2.3% 0.6% −0.9% −4.7%
−1.8% −0.1% 1.2% −7.3% −0.2%
Spending
0.4% 0.7% 1.2% 1.3% 1.1%
3.4% 4.8% 7.2% 7.7% 8.5%
0.0% 0.7% 0.7% 1.7% 0.7%
10.8% 19.0% 58.2% n/a n/a
Returns
104.7% 16.2% 3.0% −5.4% −35.5%
11.4% 6.1% 1.1% −1.6% −8.8%
Balance and payout
89.1% 62.3% 63.5% 71.4% 77.6%