FGI Industries Ltd.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| 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 |
| Research and development | $1.4M | $1.7M | $1.4M | $1.1M | $646,069 |
| Operating expenses | $37.7M | $37.5M | $29.8M | $26.4M | $24.5M |
| Operating income | -$2.4M | -$2.1M | $2.3M | $5.1M | $7.7M |
| Interest expense | $1.3M | $1.2M | $749,729 | $600,798 | $411,185 |
| Pretax income | -$4.3M | -$2.3M | $1.4M | $4.5M | $8.9M |
| Income tax expense | $2.8M | -$547,821 | $808,224 | $860,630 | $961,634 |
| Net income | -$6.1M | -$1.2M | $733,604 | $3.7M | $7.9M |
| Balance Sheet | |||||
| Cash and equivalents | $1.9M | $4.6M | $7.8M | $10.1M | — |
| Current assets | $51.5M | $52.9M | $46.1M | $45.9M | $56.2M |
| Total assets | $69.5M | $75.5M | $65.7M | $60.4M | $69.2M |
| Current liabilities | $43.9M | $42.5M | $28.0M | $29.8M | $54.7M |
| Total liabilities | $53.9M | $53.9M | $41.7M | $37.6M | $61.6M |
| Stockholders' equity | $17.3M | $22.3M | $24.2M | $22.7M | $7.5M |
| Cash Flow Statement | |||||
| Cash from operations | $673,220 | -$7.4M | $2.2M | $980,265 | -$3.2M |
| Depreciation and amortization | $667,432 | $474,828 | $200,764 | $175,979 | $201,711 |
| Stock-based compensation | $333,183 | $401,216 | $417,978 | $383,572 | $0 |
| Capital expenditure | $885,740 | $2.2M | $840,387 | $1.1M | $57,839 |
| Free cash flow | -$212,520 | -$9.6M | $1.4M | -$83,958 | -$3.3M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 1.9M · Free float 97.6%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.