YOLFTbeta
FGI Industries Ltd

FGI Industries Ltd

FGI · NASDAQ · Consumer Cyclical / Furnishings, Fixtures & Appliances

6.30USD-2.12 (-25.18%)

Price History

Full chart

Market Stats

Previous Close8.42
Open6.03
Day Range6.03 – 7.78
52-Week Range3.14 – 12.43
Volume35.56K
Market Cap15.55M
P/E (TTM)0.00
Forward P/E3.24
EPS-1.99
Dividend Yield0.00%
Beta2.31
50-Day Avg6.78
200-Day Avg5.87

About

FGI Industries ltd., together with its subsidiaries, supplies bath and kitchen products in the United States, Canada, Europe, and internationally. It offers sanitaryware products, including toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, such as vanities, mirrors, laundry and medicine cabinets, and other storage systems; shower systems comprising shower walls, doors, and basins; and customer kitchen cabinetry. The company serves mass retailers, wholesalers, commercial, e-commerce channels, and independent distributors. It sells its products through home center retailers, online retailers, distributors, and independent dealers under the Foremost, avenue, contra, Jetcoat, rosenberg, Covered Bridge Cabinetry, Craft + Main, and Craft + Main Cabinetry brand names, as well as private labels, which include Glacier Bay and ProFlo brand names. The company was incorporated in 2021 and is headquartered in East Hanover, New Jersey. FGI Industries Ltd. operates as a subsidiary of Foremost Groups Ltd.

Company Details

  • SectorConsumer Cyclical
  • IndustryFurnishings, Fixtures & Appliances
  • CEOMr. David Bruce
  • Employees426
  • Headquarters906 Murray Road, East Hanover, NJ, United States, 07936, USA
  • Websitehttps://www.fgi-industries.com

Leadership

  • Mr. John Chen J.D.Executive Chairman · b. 1978
  • Mr. David BruceCEO & Director · b. 1966
  • Mr. Robert KermelewiczSales Director · b. 1964
  • Ms. Jennifer EarlPresident of FGI North America · b. 1976
  • Mr. Norman KroenkeExecutive Vice President of FGI Europe · b. 1963

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue126.28M134.83M181.94M161.72M117.24M131.82M130.53M
Growth (%)-+6.77%+34.94%-11.12%-27.50%+12.43%-0.98%
Cost of Revenue100.84M106.42M149.74M130.21M85.16M96.39M95.28M
Gross Profit25.44M28.40M32.20M31.51M32.08M35.43M35.25M
Gross Margin20.14%21.07%17.70%19.48%27.36%26.88%27.01%
Operating Expense22.98M22.12M24.48M26.42M29.77M37.53M37.65M
Operating Income2.46M6.28M7.72M5.09M2.30M-2.10M-2.40M
Operating Margin1.95%4.66%4.25%3.15%1.97%-1.59%-1.84%
EBITDA2.95M6.48M9.57M5.36M4.16M2.14M-102.14K
EBITDA Margin2.33%4.81%5.26%3.31%3.54%1.62%-0.08%
Net Income1.57M4.73M7.91M3.68M733.60K-1.20M-6.14M
Net Income Margin1.24%3.51%4.35%2.28%0.63%-0.91%-4.70%
R&D703.78K814.25K646.07K1.05M1.38M1.70M1.42M
R&D as % of Total Revenue0.56%0.60%0.36%0.65%1.17%1.29%1.09%
Interest Expense448.41K418.87K411.19K600.80K749.73K1.25M1.33M
Interest Expense % of Total Revenue0.36%0.31%0.23%0.37%0.64%0.95%1.02%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets39.52M45.15M69.15M60.37M65.74M75.46M69.54M
Total Liabilities35.90M43.62M61.60M37.62M41.72M53.90M53.93M
Total Equity3.62M1.53M7.55M22.74M24.18M22.25M17.28M
Cash2.42M4.02M3.88M10.07M7.78M4.56M1.90M
Total Debt17.06M20.52M22.86M19.19M22.23M27.72M23.58M
Net Debt14.64M16.50M18.97M9.12M14.45M23.17M21.68M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.29M5.80M-3.22M980.26K1.39M-7.43M673.22K
Investing Cash Flow-233.86K-76.53K-51.89K-1.06M-942.61K-2.88M-1.02M
Financing Cash Flow-1.98M-4.25M3.32M7.01M-2.84M7.54M-2.63M
Capital Expenditure233.86K76.53K57.84K1.06M942.61K2.21M885.74K
Free Cash Flow1.06M5.72M-3.28M-83.96K447.08K-9.63M-212.52K
Dividends Paid2.04M7.12M1.95M----
FCF to OCF81.92%98.68%101.80%-8.56%32.17%129.71%-31.57%
Dividend Paid to FCF192.92%124.36%-59.45%----

Earnings

Report DateJul 21, 2021Oct 4, 2021Mar 28, 2022May 11, 2022Aug 10, 2022Nov 9, 2022Mar 27, 2023May 10, 2023Aug 9, 2023Nov 8, 2023Mar 20, 2024May 8, 2024Aug 7, 2024Nov 11, 2024Mar 26, 2025May 13, 2025Aug 11, 2025Nov 14, 2025Dec 31, 2025May 14, 2026Aug 12, 2026Nov 13, 2026
EPS Estimate0.000.000.170.550.500.600.120.20-0.150.350.07-0.150.150.450.05-0.050.250.59-0.02-0.60-0.23-0.06
EPS Actual0.080.220.150.250.500.550.10-0.110.070.230.06-0.230.04-0.05-0.04-0.55-0.610.13-0.29-0.390.60-
Surprise---11.76%-54.55%0.00%-8.33%-16.67%-155.00%146.67%-34.29%-14.29%-53.33%-73.33%-111.11%-180.00%-1000.00%-344.00%-77.97%-1364.00%35.00%360.87%-
Timing--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap15.55M
Enterprise Value35.37M
Trailing P/E0.00
Forward P/E3.24
Price / Sales0.12
Price / Book0.94
EPS-1.99
Book Value8.84
Revenue (TTM)128.70M
Gross Profit (TTM)36.47M
EBITDA1.02M
Profit Margin-3.07%
Operating Margin4.39%
Return on Equity-28.08%
Return on Assets0.38%
Shares Outstanding1.93M
Shares Float534.38K
Beta2.31
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 10.00
  • Strong Buy
    2

Ownership Breakdown

Institutions
1.32%
Insiders
72.95%
Retail / Other
25.73%

Top Institutional Holders

  • Vinva Investment Management Ltd
    6.40K0.33%
  • Tower Research Capital LLC
    3.42K0.18%
  • Vanguard Capital Management, LLC
    3.37K0.17%
  • Vanguard Fiduciary Trust Co
    1.33K0.07%
  • UBS Group AG
    4000.02%
  • Bank of America Corp
    00.00%

Top Fund Holders

  • Fidelity Extended Market Index
    3.02K0.16%
  • Dimensional US Core Equity 2 ETF
    1.68K0.09%
  • Fidelity Total Market Index
    1.49K0.08%
  • Fidelity Series Total Market Index
    6770.04%
  • Dimensional US Core Equity 1 ETF
    6070.03%

Stock Splits

  • Jul 31, 20251:5