FGI Industries Ltd. (FGI) — Financial statements
Income statement, balance sheet, and cash flow for FGI Industries Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 131↓1.0% | 132↑12.4% | 117↓27.5% | 162↓11.1% | 182 | |
| Cost of Revenue | 95↓1.2% | 96↑13.2% | 85↓34.6% | 130↓13.0% | 150 | |
| Gross Profit | 35↓0.5% | 35↑10.4% | 32↑1.8% | 32↓2.2% | 32 | |
| Operating Expenses | ||||||
| R&D Expenses | 1↓16.6% | 2↑23.4% | 1↑30.6% | 1↑63.1% | 0.65 | |
| General & Administrative Expenses | 11↑8.9% | 10↑21.1% | 8↑7.6% | 8↑26.4% | 6 | |
| Selling & Marketing Expenses | 25↓1.9% | 26↑28.3% | 20↑13.9% | 18↓0.6% | 18 | |
| SG&A Expenses | 36↑1.1% | 36↑26.2% | 28↑12.0% | 25↑6.4% | 24 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 38↑0.3% | 38↑26.0% | 30↑12.7% | 26↑7.9% | 24 | |
| Total Costs & Expenses | 133↓0.7% | 134↑16.5% | 115↓26.6% | 157↓10.1% | 174 | |
| Operating Results | ||||||
| Operating Income | -2↓14.4% | -2↓191.1% | 2↓54.7% | 5↓34.1% | 8 | |
| Depreciation & Amortization | 3↓8.5% | 3↑57.4% | 2↑822.7% | 0.22↓23.8% | 0.29 | |
| EBITDA | 0.50↓76.5% | 2↓48.5% | 4↓22.5% | 5↓44.0% | 10 | |
| EBIT | -2↓132.0% | -1↓148.4% | 2↓58.4% | 5↓44.6% | 9 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1↓7.2% | -1↓67.3% | -0.74↓23.7% | -0.60↓59.8% | -0.37 | |
| Interest Income | 0.01↓47.5% | 0.01↓7.1% | 0.01↑233.7% | 0.00↓91.5% | 0.04 | |
| Interest Expense | 1↑6.7% | 1↑66.3% | 0.75↑24.8% | 0.60↑46.1% | 0.41 | |
| Non-Operating Income | 0.00↑100.0% | -1↓737.5% | 0.17↑438.1% | -0.05↑96.8% | -2 | |
| Other Income / Expenses | -2↓961.3% | -0.18↑80.1% | -0.92↓66.2% | -0.55↓148.3% | 1 | |
| Income Before Tax | -4↓90.1% | -2↓264.4% | 1↓69.4% | 5↓48.8% | 9 | |
| Income Tax Expense | 3↑608.6% | -0.55↓167.8% | 0.81↓6.1% | 0.86↓10.5% | 0.96 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -7↓310.9% | -2↓399.2% | 0.58↓84.3% | 4↓53.5% | 8 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -6↓411.2% | -1↓263.7% | 0.73↓80.1% | 4↓53.5% | 8 | |
| Bottom-Line Net Income | -6↓411.2% | -1↓263.7% | 0.73↓80.1% | 4↓53.5% | 8 | |
| EPS (Basic) | -3.20↓2361.5% | -0.13↓268.8% | 0.08↓80.3% | 0.39↓53.0% | 0.83 | |
| EPS (Diluted) | -3.20↓2361.5% | -0.13↓274.0% | 0.07↓80.8% | 0.39↓53.0% | 0.83 | |
| Weighted Average Shares | 2↓79.9% | 10↑0.4% | 10↑0.3% | 10↑0.0% | 10 | |
| Weighted Average Diluted Shares | 2↓79.9% | 10↓2.6% | 10↑3.4% | 10↑0.0% | 10 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.