FGI Industries Ltd. (FGI)

FGI Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	135.9	131.82	117.24	161.72	181.94	134.83
Revenue Growth (YoY)	12.31%	12.43%	-27.50%	-11.12%	34.95%	6.77%
Cost of Revenue	100.25	96.39	85.16	130.21	149.74	106.42
Gross Profit	35.66	35.43	32.08	31.51	32.2	28.4
Selling, General & Admin	37.45	35.83	28.4	25.36	23.83	21.31
Research & Development	1.65	1.7	1.38	1.05	0.65	0.81
Operating Expenses	39.1	37.53	29.77	26.42	24.48	22.12
Operating Income	-3.44	-2.1	2.3	5.09	7.72	6.28
Interest Expense	-1.3	-1.25	-0.75	-0.6	-0.41	-0.42
Interest & Investment Income	0.01	0.01	0.01	0	0.04	0.03
Other Non Operating Income (Expenses)	-0.02	0.87	-0.18	0.05	1.52	-0.39
EBT Excluding Unusual Items	-4.76	-2.46	1.39	4.54	8.87	5.51
Legal Settlements	0.18	0.18	-	-	-	-
Pretax Income	-4.58	-2.28	1.39	4.54	8.87	5.51
Income Tax Expense	-1.23	-0.55	0.81	0.86	0.96	0.77
Earnings From Continuing Operations	-3.35	-1.73	0.58	3.68	7.91	4.73
Minority Interest in Earnings	0.54	0.53	0.15	-	-	-
Net Income	-2.81	-1.2	0.73	3.68	7.91	4.73
Net Income to Common	-2.81	-1.2	0.73	3.68	7.91	4.73
Net Income Growth	-	-	-80.06%	-53.45%	67.12%	201.11%
Shares Outstanding (Basic)	2	2	2	2	1	1
Shares Outstanding (Diluted)	2	2	2	2	1	1
Shares Change (YoY)	-2.84%	-2.61%	5.13%	33.46%	-	-
EPS (Basic)	-1.47	-0.63	0.39	1.97	5.65	3.38
EPS (Diluted)	-1.49	-0.65	0.35	1.95	5.65	3.38
EPS Growth	-	-	-82.05%	-65.47%	67.12%	-
Free Cash Flow	-1.67	-9.63	1.37	-0.08	-3.28	5.71
Free Cash Flow Per Share	-0.87	-5.04	0.70	-0.04	-2.34	4.08
Gross Margin	26.24%	26.88%	27.36%	19.48%	17.70%	21.07%
Operating Margin	-2.53%	-1.59%	1.97%	3.15%	4.25%	4.66%
Profit Margin	-2.07%	-0.91%	0.63%	2.28%	4.35%	3.51%
Free Cash Flow Margin	-1.23%	-7.31%	1.17%	-0.05%	-1.80%	4.23%
EBITDA	-0.28	1.08	4.32	5.31	8.01	6.63
EBITDA Margin	-0.21%	0.82%	3.69%	3.28%	4.40%	4.92%
D&A For EBITDA	3.16	3.18	2.02	0.22	0.29	0.35
EBIT	-3.44	-2.1	2.3	5.09	7.72	6.28
EBIT Margin	-2.53%	-1.59%	1.97%	3.15%	4.25%	4.66%
Effective Tax Rate	-	-	58.24%	18.95%	10.84%	14.07%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q