FGI Industries Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	120.83	117.24	161.72	181.94	134.83	126.28
Revenue Growth (YoY)	-16.84%	-27.50%	-11.12%	34.94%	6.77%	-
Cost of Revenue	87.54	85.16	130.21	149.74	106.42	100.84
Gross Profit	33.29	32.08	31.51	32.2	28.4	25.44
Selling, General & Admin	29.96	28.4	25.36	23.83	21.31	22.27
Research & Development	1.35	1.38	1.05	0.65	0.81	0.7
Operating Expenses	31.3	29.77	26.42	24.48	22.12	22.98
Operating Income	1.99	2.3	5.09	7.72	6.28	2.46
Interest Expense / Income	0.72	0.75	0.6	0.41	0.42	0.45
Other Expense / Income	0.09	0.01	-0.05	-1.55	0.36	0.04
Pretax Income	1.17	1.54	4.54	8.87	5.51	1.98
Income Tax	0.8	0.81	0.86	0.96	0.77	0.4
Net Income	0.37	0.73	3.68	7.91	4.73	1.57
Net Income Growth	-86.88%	-80.06%	-53.45%	67.12%	201.11%	-
Shares Outstanding (Basic)	10	10	9	7	7	-
Shares Outstanding (Diluted)	10	10	9	7	7	-
Shares Change	0.50%	5.13%	33.46%	-	-	-
EPS (Basic)	0.07	0.08	0.39	1.13	0.68	-
EPS (Diluted)	0.06	0.07	0.39	1.13	0.68	-
EPS Growth	-77.78%	-82.05%	-65.49%	66.18%	-	-
Free Cash Flow	-7.05	0.55	-0.08	-3.27	5.72	1.06
Free Cash Flow Per Share	-0.74	0.06	-0.01	-0.47	0.82	-
Gross Margin	27.55%	27.36%	19.48%	17.70%	21.07%	20.14%
Operating Margin	1.64%	1.97%	3.15%	4.25%	4.66%	1.95%
Profit Margin	0.31%	0.63%	2.28%	4.35%	3.51%	1.24%
Free Cash Flow Margin	-5.83%	0.47%	-0.05%	-1.80%	4.24%	0.84%
Effective Tax Rate	68.12%	52.42%	18.95%	10.84%	14.07%	20.45%
EBITDA	4.46	4.31	5.36	9.57	6.28	2.95
EBITDA Margin	3.69%	3.68%	3.31%	5.26%	4.66%	2.33%
Depreciation & Amortization	2.57	2.02	0.22	0.29	0.35	0.53
EBIT	1.89	2.29	5.14	9.28	5.92	2.42
EBIT Margin	1.57%	1.95%	3.18%	5.10%	4.39%	1.92%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).