FGI Industries Ltd.
FGI Nasdaq· Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
Last close · Oct 27, 2026
$7.30
KIRA · Stoqly’s AI analyst, in plain words
- FGI Industries Ltd. had $131M of revenue in fiscal 2025, down 1.0% on the year before.
- Its operating margin was −1.8%, down 0.2 pts: of every 100 in sales, about −2 is left after running the business.
- FGI Industries Ltd. lost $6.1M in fiscal 2025.
- Free cash flow was −$0.2M in fiscal 2025, −0.2% of revenue.
- FGI Industries Ltd. owes $10.0M more than it holds in cash.
Market cap
$14.7M
P/E
—
Revenue
$131M
Net income
−$6.1M
Free cash flow
−$0.2M
Operating margin
−1.8%
FGI Industries Ltd. in 30 seconds · fiscal 2025
Are sales growing?
−1.0%
No. Sales fell 1.0% last year.
Does it make a profit?
−4.7%
No. It lost money last year.
Does profit turn into cash?
−0.2%
No. It spent more cash than it brought in.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What FGI Industries Ltd. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Apr 10, 2026
- Legal name
- FGI Industries Ltd.
- CIK
- 0001864943
FGI Industries Ltd. · FGI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $182M | $162M | $117M | $132M | $131M |
| Revenue growth | — | −11.1% | −27.5% | 12.4% | −1.0% |
| Gross margin | 17.7% | 19.5% | 27.4% | 26.9% | 27.0% |
| Operating margin | 4.2% | 3.1% | 2.0% | −1.6% | −1.8% |
| Net income | $7.9M | $3.7M | $0.7M | −$1.2M | −$6.1M |
| Net margin | 4.3% | 2.3% | 0.6% | −0.9% | −4.7% |
| Diluted EPS | $1.13 | $0.39 | $0.07 | −$0.63 | −$3.20 |
| Cash | |||||
| Cash from operations | −$3.2M | $1.0M | $2.2M | −$7.4M | $0.7M |
| Capital expenditure | $0.1M | $1.1M | $0.8M | $2.2M | $0.9M |
| Free cash flow | −$3.3M | −$0.1M | $1.4M | −$9.6M | −$0.2M |
| FCF margin | −1.8% | −0.1% | 1.2% | −7.3% | −0.2% |
| Share count change | — | 33.5% | 5.1% | −80.5% | 0.3% |
| Debt and strength | |||||
| Cash and short-term investments | $3.9M | $10.1M | $7.8M | $4.6M | $1.9M |
| Debt incl. finance leases | $14.7M | $9.8M | $7.0M | $14.5M | $11.9M |
| Shareholders' equity | $7.5M | $22.7M | $24.2M | $22.3M | $17.3M |
| Net debt / EBITDA | 1.3x | −0.1x | −0.2x | — | — |
| Current ratio | 1.0x | 1.5x | 1.6x | 1.2x | 1.2x |
| Interest coverage | 18.8x | 8.5x | 3.1x | −1.7x | −1.8x |
| Returns and quality | |||||
| Return on capital | 37.6% | 18.4% | 6.4% | −5.2% | −7.0% |
| Return on equity | 104.7% | 24.3% | 3.1% | −5.2% | −31.1% |
| Return on tangible equity | 105.3% | 16.2% | 3.0% | −5.9% | −39.5% |
| Piotroski F-score | — | 6 | 6 | 1 | 5 |
| Altman Z'' | — | 3.2 | 2.9 | 1.3 | 0.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FGI Industries Ltd. · FGI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $7.30 a share, the company is worth $14.7M.
Source: SEC EDGAR XBRL filings (CIK 0001864943). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.