FGI Industries Ltd.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | — | $130.5M | $131.8M | $117.2M | $161.7M | $181.9M |
| Cost of Revenue | — | $95.3M | $96.4M | $85.2M | $130.2M | $149.7M |
| Gross Profit | — | $35.3M | $35.4M | $32.1M | $31.5M | $32.2M |
| Gross Margin | — | 27.0% | 26.9% | 27.4% | 19.5% | 17.7% |
| Operating Expenses | ||||||
| Research & Development | — | $1.4M | $1.7M | $1.4M | $1.1M | $646.1K |
| SG&A Expense | — | $11.1M | $10.2M | $8.4M | $7.8M | $6.2M |
| Operating Income | — | $-2.4M | $-2.1M | $2.3M | $5.1M | $7.7M |
| Operating Margin | — | -1.8% | -1.6% | 2.0% | 3.1% | 4.2% |
| Interest Expense | — | — | — | $749.7K | $600.8K | $411.2K |
| Pretax Income | — | $-4.3M | $-2.3M | $1.4M | $4.5M | $8.9M |
| Income Tax Expense | — | $2.8M | $-547.8K | $808.2K | $860.6K | $961.6K |
| Net Income | — | $-6.1M | $-1.2M | $733.6K | $3.7M | $7.9M |
| Net Margin | — | -4.7% | -0.9% | 0.6% | 2.3% | 4.3% |
| EPS (Basic) | — | $-3.20 | $-0.63 | $0.08 | $0.39 | $1.13 |
| EPS (Diluted) | — | $-3.20 | $-0.63 | $0.07 | $0.39 | $1.13 |
| Shares Outstanding (Basic) | 1.9M | 1.9M | 1.9M | 9.5M | 9.3M | 7.0M |
| Shares Outstanding (Diluted) | 1.9M | 1.9M | 1.9M | 9.8M | 9.3M | 7.0M |
| Dividends Per Share | — | — | — | — | — | — |