FGI Industries Ltd (FGI)

FGI INDUSTRIES ANNOUNCES FIRST QUARTER 2026 RESULTSMay 14, 2026 4:15 PM
PR Newswire (US) EAST HANOVER, N.J., May 14, 2026 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced results for the first quarter 2026. FIRST QUARTER 2026 HIGHLIGHTS
(As compared to the first quarter of 2025)Total revenue of $30.5 million, -8.2% y/yGross profit of $8.2 million, -8.3% y/yGross margin of 26.8%, 0 bps y/yOperating loss of $0.7 million and net loss attributable to shareholders of $1.0 millionAdjusted operating loss of $0.7 million1Adjusted net loss of $0.7 millionMANAGEMENT COMMENTARYDave Bruce, CEO of FGI, stated, "FGI reported total revenue of $30.5 million in the quarter, representing a year-over-year decrease of 8.2%. Gross profit was $8.2 million, a decrease of 8.3% compared to the prior year. The gross margin was 26.8%, no change compared to the first quarter of 2025. The industry outlook remains uncertain due to tariffs but FGI's strategic investments in our Brands, Products and Channels strategy continues. FGI and our customers continue to evaluate a China+1 strategy to diversify and broaden our geographic sourcing. Revenue declined 5.9% and 25.5% in the U.S. and Canada markets, and increased 15.4% in the Europe market. Sanitaryware revenue decreased 20.0% year-over-year due to softer US homebuilder-related business from certain customers, uneven ordering patterns and lower retail sales in Canada. Bath furniture, shower systems and other increased 10.9%, 14.0% and 2.5%, respectively, compared to the prior year period reflecting positive momentum and new business wins. Covered Bridge further expanded its geographies and increased its dealer count. Isla Porter, our digital custom kitchen joint venture, continues to establish relationships with the premium design community with on-trend products. In India, we added more dealers as we expand our presence there." Bruce continued, "We are excited about our new product introductions and continue to invest in our brands and our future growth initiatives in our core businesses."Jae Chung, Chief Financial Officer of FGI, commented, "Total revenue decreased 8.2% year-over-year in the fourth quarter. FGI continues to invest in long-term growth through our BPC strategy and exercise discipline in overall operating expenses, which decreased 13.1% year-over-year to $8.9 million due primarily to lower selling and distribution, tradeshow and warehouse costs. FGI ended the first quarter with total available liquidity of $7.9 million. We believe the best use of our capital is for internal investment in order to attract new customers, expand existing relationships, develop new products and manufacturing capabilities and expand into new jurisdictions, and this will remain our priority in the near term."1Adjusted operating loss and adjusted net loss are non-GAAP financial measures. Please refer to the paragraph titled "Non-GAAP Measures" for the definitions of non-GAAP financial measures and reconciliations to GAAP measures included in this press release.FIRST QUARTER 2026 RESULTS Revenue totaled $30.5 million during the first quarter of 2026, a decrease of 8.2% compared to the prior-year period despite the on-going and fluid tariff environment.Sanitaryware revenue was $16.1 million during the first quarter of 2026, a decrease from $20.2 million in the prior-year period.Bath Furniture revenue was $4.5 million during the first quarter of 2026, an increase from revenue of $4.1 million in the prior-year period.Shower Systems revenue was $6.5 million during the first quarter of 2026, an increase from $5.7 million last year.Other revenue, primarily from Kitchen Cabinets, was $3.3 million during the first quarter, remaining stable compared to revenue of $3.3 million in the prior year.Gross profit was $8.2 million during the first quarter of 2026, a decrease of 8.3% compared to the prior-year period. Gross profit margin remained steady at 26.8% during the first quarter of 2026, unchanged from the prior-year period. Operating loss was $0.7 million during the first quarter of 2026, improving from an operating loss of $1.3 million in the prior-year period. Adjusted operating loss was $0.7 million during the first quarter compared to $1.3 million in the prior-year-period. The improvement in operating loss and adjusted operating loss from the prior year was primarily a result of a decrease in selling and distribution cost as well as lower R&D costs.  Operating margin and adjusted operating margin were (2.3%) and (2.3%) during the first quarter, respectively, up from (3.9%) and (3.8%) in the same period last year.The Company reported GAAP net loss attributable to shareholders of $1.0 million, or net loss of $0.50 per diluted share during the first quarter of 2026, versus net loss of $0.6 million, or $0.33 per diluted share, in the same period last year. Net loss for the first quarter of 2026 and 2025 included valuation allowance on deferred tax assets, business expansion expense and non-recurring IPO-related compensation. Excluding these items, adjusted net loss for the first quarter of 2026 was $0.7 million, or $0.39 per diluted share, versus adjusted net loss of $1.1 million, or $0.56 per diluted share, for the same prior-year-period. All share and per-share data gives retroactive effect to the reverse share split of the preference shares and ordinary shares at a ratio of 1-for-5 that became effective July 31, 2025.FGI holds earnings calls only for the second and fourth quarters, but releases results of operations via press releases and SEC filings on a quarterly basis. Inquiries may continue to be submitted to investorrelations @hlegweak-7190.FINANCIAL RESOURCES AND LIQUIDITYAs of March 31, 2026, the Company had $2.7 million of cash, $13.1 million of total debt and $5.3 million of availability under its credit facilities net of letters of credit. Total liquidity was $7.9 million at March 31, 2026.FINANCIAL GUIDANCEThe Company reaffirms its fiscal 2026 guidance as follows:Total net revenue of $134-141 millionTotal adjusted operating income of $0.7-2.5 millionTotal adjusted net income of $(0.3)-1.1 millionNote that total adjusted operating income excludes certain non-recurring items and total adjusted net income excludes certain non-recurring extraordinary items and includes an adjustment for minority interest.ABOUT FGI INDUSTRIESFGI Industries Ltd. (Nasdaq: FGI) is a leading global supplier of kitchen and bath products. For over 30 years, we have built an industry-wide reputation for product innovation, quality, and excellent customer service. We are currently focused on the following product categories: sanitaryware (primarily toilets, sinks, pedestals, and toilet seats), bath furniture (vanities, mirrors and cabinets), shower systems, customer kitchen cabinetry and other accessory items. These products are sold primarily for repair and remodel activity and, to a lesser extent, new home or commercial construction. We sell our products through numerous partners, including mass retail centers, wholesale and commercial distributors, online retailers and specialty stores.Non-GAAP Measures In addition to the measures presented in our consolidated financial statements, we use the following non-GAAP measures to evaluate our business, measure our performance, identify trends affecting our business and assist us in making strategic decisions. Our non-GAAP measures are: Adjusted Operating Income, Adjusted Operating Margins and Adjusted Net Income. These non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles in the United States ("GAAP"). They are supplemental financial measures of our performance only, and should not be considered substitutes for net income, income from operations or any other measure derived in accordance with GAAP and may not be comparable to similarly titled measures reported by other entities. We define Adjusted Operating Income as GAAP income from operations excluding the impact of certain non-recurring income and expenses, including non-recurring compensation expenses related to our initial public offering ("IPO"), as well as income taxes at historical average effective rate and net income attributable to non-controlling shareholders. We define Adjusted Net Income as GAAP income before income taxes excluding the impact of certain non-recurring income and expenses, such as non-recurring compensation expenses related to our IPO, as well as income taxes at historical average effective rate and net income attributable to non-controlling shareholders. We define Adjusted Operating Margins as Adjusted Operating Income divided by revenue.We use these non-GAAP measures, along with GAAP measures, to evaluate our business, measure our financial performance and profitability and our ability to manage expenses, after adjusting for certain one-time expenses, identify trends affecting our business and assist us in making strategic decisions. We believe these non-GAAP measures, when reviewed in conjunction with GAAP financial measures, and not in isolation or as substitutes for analysis of our results of operations under GAAP, are useful to investors as they are widely used measures of performance and the adjustments we make to these non-GAAP measures provide investors further insight into our profitability and additional perspectives in comparing our performance over time on a consistent basis. With respect to the Company's expectations of its future performance, the Company's reconciliations of guidance for full year 2026 Adjusted Operating Income and 2026 Adjusted Net Income are not available, as the Company is unable to quantify certain amounts to the degree of precision that would be required in the relevant GAAP measures without unreasonable effort.FORWARD-LOOKING STATEMENTSThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipate," "expect," "could," "may," "intend," "plan", "see" and "believe," among others, generally identify forward-looking statements. These forward-looking statements include, among others, statements regarding FGI's guidance, the Company's growth strategies, outlook and potential acquisition activity, the tariff environment, the macroeconomic instability and its associated impact on the national and global economy and the residential repair and remodel market, the company's planned product launches and new customer partnerships and the effect of supply chain disruptions and freight costs. These forward-looking statements are based on currently available operating, financial, economic and other information, and are subject to a number of risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. A variety of factors, many of which are beyond our control, could cause actual future results or events to differ materially from those projected in the forward-looking statements in this release. For a full description of the risks and uncertainties which could cause actual results to differ from our forward-looking statements, please refer to FGI's periodic filings with the Securities & Exchange Commission including those described as "Risk Factors" in FGI's annual report on Form 10-K for the year ended December 31, 2025, and in subsequent reports we file from time to time thereafter. FGI does not undertake any obligation to update forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.FGI INDUSTRIES LTD.CONDENSED CONSOLIDATED BALANCE SHEETS 
As of
March 31, 2026
As of
December 31, 2025
USD
USD
(Unaudited)

ASSETS






CURRENT ASSETS


Cash$  2,659,190
$  1,899,801Accounts receivable, net13,641,870
13,847,762Inventories, net14,228,751
15,292,742Prepayments and other current assets3,747,712
3,228,259Prepayments and other receivables – related parties16,658,889
17,274,859Total current assets50,936,412
51,543,423



NONCURRENT ASSETS


Property and equipment, net3,751,022
3,853,864Intangible assets, net1,676,748
1,733,616Operating lease right-of-use assets, net10,569,629
11,031,892Deferred tax assets, net211,760
211,581Other noncurrent assets1,005,031
1,163,205Total noncurrent assets17,214,190
17,994,158Total assets$ 68,150,602
$ 69,537,581



LIABILITIES AND SHAREHOLDERS' EQUITY






CURRENT LIABILITIES


Short-term loans$ 13,143,690
$ 11,868,828Accounts payable23,873,453
24,687,900Accounts payable – related parties40,144
49,855Operating lease liabilities – current1,725,768
1,700,936Accrued expenses and other current liabilities5,473,531
5,607,405Total current liabilities44,256,586
43,914,924



NONCURRENT LIABILITIES


Operating lease liabilities – noncurrent9,579,585
10,012,616Total liabilities53,836,171
53,927,540



COMMITMENTS AND CONTINGENCIES






SHAREHOLDERS' EQUITY


Preference Shares ($0.0001 par value, 2,000,000 shares authorized, no shares issued and outstanding as of March 31, 2026 and December 31, 2025)—
—Ordinary shares ($0.0005 par value, 40,000,000 shares authorized, 1,927,326 and 1,920,140 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively)964
960Additional paid-in capital21,495,828
21,612,226Accumulated deficit(3,896,496)
(2,927,091)Accumulated other comprehensive loss(1,438,997)
(1,402,946)FGI Industries Ltd. shareholders' equity16,161,299
17,283,149Non-controlling interests(1,846,868)
(1,673,108)Total shareholders' equity14,314,431
15,610,041Total liabilities and shareholders' equity$ 68,150,602
$ 69,537,581 FGI INDUSTRIES LTD.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS 
For the Three Months Ended
March 31,
2026
2025
USD
USDRevenue$ 30,501,460
$ 33,212,548



Cost of revenue22,340,769
24,312,290



Gross profit8,160,691
8,900,258



Operating expenses


Selling and distribution6,215,257
7,163,178General and administrative2,354,233
2,701,213Research and development282,610
316,726Total operating expenses8,852,100
10,181,117



Loss from operations(691,409)
(1,280,859)



Other income (expenses)


Interest income875
441Interest expense(354,902)
(302,760)Other (expenses) income, net(73,051)
28,091Total other expenses, net(427,078)
(274,228)



Loss before income taxes(1,118,487)
(1,555,087)



Provision for (benefit of) income taxes


Current24,857
19,168Deferred(179)
(758,698)Total provision for (benefit of) income taxes24,678
(739,530)



Net loss(1,143,165)
(815,557)Less: net loss attributable to non-controlling shareholders(173,760)
(186,465)Net loss attributable to FGI Industries Ltd. shareholders(969,405)
(629,092)



Other comprehensive (loss) income


Foreign currency translation adjustment (36,051)
86,432



Comprehensive loss(1,179,216)
(729,125)Less: comprehensive loss attributable to non-controlling shareholders(173,760)
(186,465)Comprehensive loss attributable to FGI Industries Ltd. shareholders$ (1,005,456)
$    (542,660)



Weighted average number of ordinary shares(1)


Basic1,920,619
1,915,797Diluted1,920,619
1,915,797



Loss per share


Basic$        (0.50)
$        (0.33)Diluted$        (0.50)
$        (0.33)
(1) Giving retroactive effect to the Reverse Share Split of the Preference Shares and Ordinary Shares at a ratio of 1-for-5 that became effective July 31, 2025. FGI INDUSTRIES LTD.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 
For the Three Months Ended
March 31,
2026
2025
USD
USDCASH FLOWS FROM OPERATING ACTIVITIES


Net loss$ (1,143,165)
$    (815,557)Adjustments to reconcile net loss to net cash used in operating activities


Depreciation177,128
147,287Amortization531,383
563,117Share-based compensation(116,394)
76,306Provision for credit losses10,296
1,899Provision for defective return348,130
123,538Foreign exchange transaction loss (gain)79,421
(13,781)Deferred income tax benefit(179)
(758,698)Changes in operating assets and liabilities


Accounts receivable(152,533)
823,212Inventories1,063,992
1,407,282Prepayments and other current assets(540,588)
(293,655)Prepayments and other receivables – related parties615,969
973,131Other noncurrent assets158,174
174,685Income taxes21,134
17,786Accounts payable(814,447)
(2,421,083)Accounts payable – related parties(9,711)
(634,383)Operating lease liabilities(420,451)
(417,283)Accrued expenses and other current liabilities(133,872)
(605,489)Net cash used in operating activities(325,713)
(1,651,686)



CASH FLOWS FROM INVESTING ACTIVITIES


Purchase of property and equipment(79,726)
(349,875)Purchase of intangible assets—
(100,280)Net cash used in investing activities(79,726)
(450,155)



CASH FLOWS FROM FINANCING ACTIVITIES


Proceeds from credit facilities27,968,836
16,845,184Repayments of credit facilities(26,693,975)
(18,175,996)Net cash provided by (used in) financing activities1,274,861
(1,330,812)



EFFECT OF EXCHANGE RATE FLUCTUATION ON CASH(110,033)
100,858



NET CHANGES IN CASH759,389
(3,331,795)CASH, BEGINNING OF PERIOD1,899,801
4,558,160CASH, END OF PERIOD$  2,659,190
$  1,226,365



SUPPLEMENTAL CASH FLOW INFORMATION


Cash paid during the period for interest$    (354,928)
$    (302,819)Cash paid during the period for income taxes$        (4,769)
$           (850)



NON-CASH INVESTING AND FINANCING ACTIVITIES


Lease liability arising from obtaining a right-of-use asset$       12,251
$     296,012Derecognition of right-of-use asset and lease liability upon early termination$              —
$ (1,251,111)Non-GAAP MeasuresThe following table reconciles GAAP income from operations to Adjusted Operating Income (Loss) and Adjusted Operating Margins, as well as GAAP net income to Adjusted Net Income for the periods presented.
For the Three Months Ended
March 31,
For the Twelve Months Ended
March 31,
2026
2025
2026
2025
USD
USD
USD
USDLoss from operations$    (691,409)
$ (1,280,859)
$ (1,812,606)
$ (3,059,516)Adjustments:






Non-recurring IPO-related share-based compensation—
19,906
—
199,063Business expansion expense—
—
—
185,310Adjusted Operating Loss$    (691,409)
$ (1,260,953)
$ (1,812,606)
$ (2,675,143)Revenue$ 30,501,460
$ 33,212,548
$ 127,817,564
$ 134,277,102Adjusted Operating Margins (%)(2.3)
(3.8)
(1.4)
(2.0)

For the Three Months Ended
March 31,
For the Twelve Months Ended
March 31,
2026
2025
2026
2025
USD
USD
USD
USDLoss before income taxes$ (1,118,487)
$ (1,555,087)
$ (3,902,414)
$ (3,321,615)Adjustments:






Non-recurring IPO-related share-based compensation—
19,906
—
199,063Business expansion expense—
—
—
185,310Adjusted loss before income taxes(1,118,487)
(1,535,181)
(3,902,414)
(2,937,242)Less: income taxes at 18% rate(201,328)
(276,333)
(702,435)
(528,704)Less: net loss attributable to non-controlling shareholders(173,760)
(186,465)
(973,175)
(593,983)Adjusted Net Loss$    (743,399)
$ (1,072,383)
$ (2,226,804)
$ (1,814,555)  View original content to download multimedia:https://www.prnewswire.com/news-releases/fgi-industries-announces-first-quarter-2026-results-302772675.htmlSOURCE FGI Industries Ltd. Original: FGI INDUSTRIES ANNOUNCES FIRST QUARTER 2026 RESULTS

FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2025 RESULTSApril 9, 2026 4:15 PM
PR Newswire (US)

EAST HANOVER, N.J., April 9, 2026 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced results for the fourth quarter and full-year 2025.







FOURTH QUARTER 2025 HIGHLIGHTS
(As compared to the fourth quarter of 2024)Total revenue of $30.5 million, -14.4% y/yGross profit of $8.1 million, -6.8% y/yGross margin of 26.7%, +210 bps y/yOperating loss of $0.7 million and net loss attributable to shareholders of $2.6 millionAdjusted operating loss of $0.7 million1Adjusted net loss of $0.6 millionFULL-YEAR 2025 HIGHLIGHTS
(As compared to full-year 2024)Total revenue of $130.5 million, -1.0% y/yGross profit of $35.3 million, -0.5% y/yGross margin of 27.0%, +10 bps y/yOperating loss of $2.4 million and net loss attributable to shareholders of $6.1 millionAdjusted operating loss of $2.4 millionAdjusted net loss of $2.6 millionMANAGEMENT COMMENTARYDave Bruce, CEO of FGI, stated, "FGI reported total revenue of $30.5 million in the quarter, representing a year-over-year decrease of 14.4%. Gross profit was $8.1 million, a decrease of 6.8% compared to the prior year. The gross margin was 26.7%, an increase of 210 basis points compared to the fourth quarter of 2024 driven by the better relative performance of some of our higher margin businesses. Customers continued to evaluate the impact of tariffs on their businesses amid the Supreme Court decision in February and subsequent response by the administration. The industry outlook remains uncertain due to tariffs but FGI's strategic investments in our Brands, Products and Channels strategy continues and is bearing fruit becoming a positive driver of revenue growth. FGI and our customers continue to evaluate a China+1 strategy to diversify and broaden our geographic sourcing. FGI's fourth quarter revenue decreased 14.4% compared to the prior year period. Revenue declined 15.5%, 16.9% and 5.6% in the U.S., Canada and Europe markets. Sanitaryware, bath furniture and shower system revenue decreased 12.2%, 34.9% and 13.9% compared to the prior year period. Our Other segment revenue, including Covered Bridge, declined 9.0% compared to the prior year. Covered Bridge further expanded its geographies and increased its dealer count. Isla Porter, our digital custom kitchen joint venture, continues to establish relationships with the premium design community with on-trend products. In India, we added more dealers as we expand our presence there." Bruce continued, "We are excited about our new product introductions and continue to invest in our brands and our future growth initiatives in our core businesses."The tariff environment in 2026 remains fluid. FGI navigated through the volatility of the tariffs in 2025 with full year revenue and gross profit each down less than 1% compared to the prior year. Despite the cautious order environment by our customers in the fourth quarter, we are seeing a pickup in activity as we begin 2026."Jae Chung, Chief Financial Officer of FGI, commented, "Total revenue decreased 14.4% year-over-year in the fourth quarter. FGI continues to invest in long-term growth through our BPC strategy and discipline in overall operating expenses, which decreased 12.0% year-over-year to $8.8 million. FGI ended the fourth quarter with total available liquidity of $8.5 million. We believe the best use of our capital is for internal investment in order to attract new customers, expand existing relationships, develop new products and manufacturing capabilities and expand into new jurisdictions, and this will remain our priority in the near term."1Adjusted operating loss and adjusted net loss are non-GAAP financial measures. Please refer to the paragraph titled "Non-GAAP Measures" for the definitions of non-GAAP financial measures and reconciliations to GAAP measures included in this press release.FOURTH QUARTER 2025 RESULTS Revenue totaled $30.5 million during the fourth quarter of 2025, a decrease of 14.4% compared to the prior-year period despite the on-going and fluid tariff environment.Sanitaryware revenue was $19.1 million during the fourth quarter of 2025, a decrease from $21.8 million in the prior-year period.Bath Furniture revenue was $2.3 million during the fourth quarter of 2025, a decrease from revenue of $3.5 million in the prior-year period, as a result of our broader strategic focus on diversifying our product mix and expanding higher-growth categories.Shower Systems revenue was $5.8 million during the fourth quarter of 2025, a decrease from $6.7 million last year.Other revenue, primarily from Kitchen Cabinets, was $3.3 million during the fourth quarter, remaining stable compared to revenue of $3.6 million in the prior year.Gross profit was $8.1 million during the fourth quarter of 2025, a decrease of 6.8% compared to the prior-year period. Gross profit margin increased to 26.7% during the fourth quarter of 2025, up 210 basis points from the prior-year period due to the implementation of tariffs, higher freight costs and better relative performance from some of our higher margin businesses. Operating loss was $0.7 million during the fourth quarter of 2025, improving from an operating loss of $1.3 million in the prior-year period. Adjusted operating loss was $0.7 million during the fourth quarter compared to $1.1 million in the prior-year-period. The improvement in operating loss and adjusted operating loss from the prior year was a result of a decrease in selling and distribution cost as well as lower R&D costs.  Operating margin and adjusted operating margin were (2.2%) and (2.2%) during the fourth quarter, respectively, up from (3.5%) and (3.2%) in the same period last year.The Company reported GAAP net loss attributable to shareholders of $2.6 million, or net loss of $1.37 per diluted share during the fourth quarter of 2025, versus net loss of $0.4 million, or $0.21 per diluted share, in the same period last year. Net loss for the fourth quarter of 2025 and 2024 included valuation allowance on deferred tax assets, business expansion expense and non-recurring IPO-related compensation. Excluding these items, adjusted net loss for the fourth quarter of 2025 was $0.6 million, or $0.29 per diluted share, versus adjusted net loss of $0.7 million, or $0.34 per diluted share, for the same prior-year-period. All share and per-share data gives retroactive effect to the reverse share split of the preference shares and ordinary shares at a ratio of 1-for-5 that became effective July 31, 2025.FGI holds earnings calls only for the second and fourth quarters, but releases results of operations via press releases and SEC filings on a quarterly basis. Inquiries may continue to be submitted to investorrelations @hlegweak-7190.FINANCIAL RESOURCES AND LIQUIDITYAs of December 31, 2025, the Company had $1.9 million of cash and cash equivalents, total debt of $11.9 million and $6.6 million of availability under its credit facilities net of letters of credit. Total liquidity was $8.5 million at December 31, 2025.FINANCIAL GUIDANCEThe Company provides its fiscal 2026 guidance as follows:Total net revenue of $134-141 millionTotal adjusted operating income of $0.7-2.5 millionTotal adjusted net income of $(0.3)-1.1 millionNote that total adjusted operating income excludes certain non-recurring items and total adjusted net income excludes certain non-recurring extraordinary items and includes an adjustment for minority interest.FOURTH QUARTER CONFERENCE CALLFGI will conduct a conference call on Friday, April 10 at 9:00 am Eastern Time to discuss the quarterly results.A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investor.fgi-industries.com.  To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time to register and download and install any necessary audio software.To participate in the live teleconference:Toll Free:
1-833-821-8134International Live:              
1-412-652-1262To listen to a replay of the teleconference, which will be available through April 24, 2026:Domestic Replay:
1-844-512-2921International Replay:          
1-412-317-6671Conference ID:
10206547ABOUT FGI INDUSTRIESFGI Industries Ltd. (Nasdaq: FGI) is a leading global supplier of kitchen and bath products. For over 30 years, we have built an industry-wide reputation for product innovation, quality, and excellent customer service. We are currently focused on the following product categories: sanitaryware (primarily toilets, sinks, pedestals, and toilet seats), bath furniture (vanities, mirrors and cabinets), shower systems, customer kitchen cabinetry and other accessory items. These products are sold primarily for repair and remodel activity and, to a lesser extent, new home or commercial construction. We sell our products through numerous partners, including mass retail centers, wholesale and commercial distributors, online retailers and specialty stores.Non-GAAP Measures In addition to the measures presented in our consolidated financial statements, we use the following non-GAAP measures to evaluate our business, measure our performance, identify trends affecting our business and assist us in making strategic decisions. Our non-GAAP measures are: Adjusted Operating Income, Adjusted Operating Margins and Adjusted Net Income. These non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles in the United States ("GAAP"). They are supplemental financial measures of our performance only, and should not be considered substitutes for net income, income from operations or any other measure derived in accordance with GAAP and may not be comparable to similarly titled measures reported by other entities. We define Adjusted Operating Income as GAAP income from operations excluding the impact of certain non-recurring income and expenses, including non-recurring compensation expenses related to our IPO, unusual litigation and business expansion expense. We define Adjusted Net Income as GAAP income before income taxes excluding the impact of certain non-recurring income and expenses, such as non-recurring compensation expenses related to our IPO, unusual litigation and business expansion expense, as well as income taxes at historical average effective rate and net income attributable to non-controlling shareholders. We define Adjusted Operating Margins as Adjusted Operating Income divided by revenue.We use these non-GAAP measures, along with GAAP measures, to evaluate our business, measure our financial performance and profitability and our ability to manage expenses, after adjusting for certain one-time expenses, identify trends affecting our business and assist us in making strategic decisions. We believe these non-GAAP measures, when reviewed in conjunction with GAAP financial measures, and not in isolation or as substitutes for analysis of our results of operations under GAAP, are useful to investors as they are widely used measures of performance and the adjustments we make to these non-GAAP measures provide investors further insight into our profitability and additional perspectives in comparing our performance over time on a consistent basis. With respect to the Company's expectations of its future performance, the Company's reconciliations of guidance for full year 2025 Adjusted Operating Income and 2025 Adjusted Net Income are not available, as the Company is unable to quantify certain amounts to the degree of precision that would be required in the relevant GAAP measures without unreasonable effort.FORWARD-LOOKING STATEMENTSThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipate," "expect," "could," "may," "intend," "plan", "see" and "believe," among others, generally identify forward-looking statements. These forward-looking statements include, among others, statements regarding FGI's guidance, the Company's growth strategies, outlook and potential acquisition activity, the tariff environment, the macroeconomic instability and its associated impact on the national and global economy and the residential repair and remodel market, the company's planned product launches and new customer partnerships and the effect of supply chain disruptions and freight costs. These forward-looking statements are based on currently available operating, financial, economic and other information, and are subject to a number of risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. A variety of factors, many of which are beyond our control, could cause actual future results or events to differ materially from those projected in the forward-looking statements in this release. For a full description of the risks and uncertainties which could cause actual results to differ from our forward-looking statements, please refer to FGI's periodic filings with the Securities & Exchange Commission including those described as "Risk Factors" in FGI's annual report on Form 10-K for the year ended December 31, 2024, and in quarterly reports on Form 10-Q filed thereafter. FGI does not undertake any obligation to update forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.FGI INDUSTRIES LTD.CONDENSED CONSOLIDATED BALANCE SHEETS

As of
December 31, 2025
As of
December 31, 2024
USD
USD



ASSETS






CURRENT ASSETS


Cash$  1,899,801
$    4,558,160Accounts receivable, net13,847,762
20,293,555Inventories, net15,292,742
13,957,867Prepayments and other current assets3,228,259
2,091,407Prepayments and other receivables – related parties17,274,859
11,996,973Total current assets51,543,423
52,897,962



PROPERTY AND EQUIPMENT, NET3,853,864
3,634,340



OTHER ASSETS


Intangible assets, net1,733,616
1,849,951Operating lease right-of-use assets, net11,031,892
12,823,747Deferred tax assets, net211,581
2,665,585Other noncurrent assets1,163,205
1,589,830Total other assets14,140,294
18,929,113Total assets$ 69,537,581
$ 75,461,415



LIABILITIES AND SHAREHOLDERS' EQUITY






CURRENT LIABILITIES


Short-term loans$ 11,868,828
$ 14,502,367Accounts payable24,687,900
19,349,529Accounts payable – related parties49,855
894,661Income tax payable—
23,189Operating lease liabilities – current1,700,936
1,867,956Accrued expenses and other current liabilities5,607,405
5,905,124Total current liabilities43,914,924
42,542,826



OTHER LIABILITIES


Operating lease liabilities – noncurrent10,012,616
11,352,939Total liabilities53,927,540
53,895,765



COMMITMENTS AND CONTINGENCIES






SHAREHOLDERS' EQUITY


Preference Shares ($0.0001 par value, 2,000,000 shares authorized, no
shares issued and outstanding as of December 31, 2025 and December 31,
2024)(1)—
—Ordinary shares ($0.0005 par value, 40,000,000 shares authorized, 1,920,140     
and 1,912,783 shares issued and outstanding as of December 31, 2025 and
December 31, 2024, respectively)(1)960
956Additional paid-in capital21,612,226
21,279,047(Accumulated deficit) retained earnings(2,927,091)
3,212,435Accumulated other comprehensive loss(1,402,946)
(2,239,560)FGI Industries Ltd. shareholders' equity17,283,149
22,252,878Non-controlling interests(1,673,108)
(687,228)Total shareholders' equity15,610,041
21,565,650Total liabilities and shareholders' equity$ 69,537,581
$ 75,461,415
(1) Giving retroactive effect to the reverse share split of the preference shares and ordinary shares at a ratio of 1-for-5 that became effective July 31, 2025. FGI INDUSTRIES LTD.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

For the Three Months Ended
December 31,
For the Year Ended
December 31,
2025
2024
2025
2024
USD
USD
USD
USDRevenue$ 30,468,983
$ 35,594,426
$ 130,528,652
$ 131,818,073







Cost of revenue22,323,424
26,852,093
95,277,560
96,390,733







Gross profit8,145,559
8,742,333
35,251,092
35,427,340







Operating expenses






Selling and distribution5,695,779
6,950,969
25,129,256
25,627,634General and administrative2,776,128
2,657,895
11,106,563
10,199,914Research and development332,234
395,938
1,417,329
1,699,383Total operating expenses8,804,141
10,004,802
37,653,148
37,526,931







Loss from operations(658,582)
(1,262,469)
(2,402,056)
(2,099,591)







Other income (expenses)






Interest income2,352
4,541
5,142
9,792Interest expense(342,927)
(353,021)
(1,330,714)
(1,246,742)Other (expenses) income, net(137,262)
596,962
(611,386)
1,054,443Total other (expenses) income, net(477,837)
248,482
(1,936,958)
(182,507)







Loss before income taxes(1,136,419)
(1,013,987)
(4,339,014)
(2,282,098)







Provision for (benefit of) income taxes






Current47,655
91,638
332,388
948,931Deferred1,813,244
(630,870)
2,454,004
(1,496,752)Total provision for (benefit of) income taxes     1,860,899
(539,232)
2,786,392
(547,821)







Net loss(2,997,318)
(474,755)
(7,125,406)
(1,734,277)Less: net loss attributable to non-controlling
shareholders(369,740)
(72,427)
(985,880)
(533,188)Net loss attributable to FGI Industries Ltd.
shareholders(2,627,578)
(402,328)
(6,139,526)
(1,201,089)







Other comprehensive income (loss)






Foreign currency translation adjustment 150,889
(727,772)
836,614
(1,128,061)







Comprehensive loss(2,846,429)
(1,202,527)
(6,288,792)
(2,862,338)Less: comprehensive loss attributable to non-
controlling shareholders(369,740)
(72,427)
(985,880)
(533,188)Comprehensive loss attributable to FGI
Industries Ltd. shareholders$ (2,476,689)
$ (1,130,100)
$ (5,302,912)
$ (2,329,150)







Weighted average number of ordinary shares






Basic1,919,842
1,912,783
1,918,061
1,913,033Diluted1,919,842
1,912,783
1,918,061
1,913,033







Loss per share






Basic$         (1.37)
$         (0.21)
$         (3.20)
$         (0.63)Diluted$         (1.37)
$         (0.21)
$         (3.20)
$         (0.63)
(1) Giving retroactive effect to the reverse share split of the preference shares and ordinary shares at a ratio of 1-for-5 that became effective July 31, 2025. FGI INDUSTRIES LTD.UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

For the Year Ended
December 31,
2025
2024
USD
USDCASH FLOWS FROM OPERATING ACTIVITIES


Net loss$ (7,125,406)
$ (1,734,277)Adjustments to reconcile net loss to net cash provided by (used in) operating
activities


Depreciation667,432
474,828Amortization2,238,730
2,701,615Share-based compensation333,183
401,216Provision for credit losses165,801
137,592Provision for defective return5,392
257,643Foreign exchange transaction loss (gain)563,740
(659,544)Deferred income tax expense (benefit)2,454,004
(1,496,752)Changes in operating assets and liabilities


Accounts receivable6,274,600
(4,928,997)Inventories(1,334,875)
(4,034,016)Prepayments and other current assets(712,770)
1,284,680Prepayments and other receivables – related parties(5,277,886)
(3,960,942)Other noncurrent assets426,625
(344,697)Income taxes(447,271)
(165,930)Accounts payable5,338,371
4,824,922Accounts payable – related parties(844,806)
159,353Operating lease liabilities(1,753,925)
(2,207,636)Accrued expenses and other current liabilities(297,719)
1,865,625Net cash provided by (used in) operating activities673,220
(7,425,317)



CASH FLOWS FROM INVESTING ACTIVITIES


Purchase of property and equipment(885,740)
(2,206,052)Purchase of intangible assets(130,107)
(669,764)Net cash used in investing activities(1,015,847)
(2,875,816)



CASH FLOWS FROM FINANCING ACTIVITIES


Proceeds from credit facilities60,348,042
74,136,436Repayments of credit facilities(62,981,581)
(66,593,244)Net cash (used in) provided by financing activities(2,633,539)
7,543,192



EFFECT OF EXCHANGE RATE FLUCTUATION ON CASH317,807
(461,140)



NET CHANGES IN CASH(2,658,359)
(3,219,081)CASH, BEGINNING OF YEAR4,558,160
7,777,241CASH, END OF YEAR$  1,899,801
$  4,558,160



SUPPLEMENTAL CASH FLOW INFORMATION


Cash paid during the period for interest$ (1,336,413)
$ (1,233,763)Cash paid during the period for income taxes$    (766,903)
$ (1,112,640)



NON-CASH INVESTING AND FINANCING ACTIVITIES


Lease liability arising from obtaining a right-of-use asset$ (1,150,282)
$    (158,082)Derecognition of right-of-use asset and lease liability upon early termination$ (1,251,111)
$               —Acquisition of intangible asset partially through prior period advanced payment     $               —
$ (1,241,664) Non-GAAP MeasuresThe following table reconciles GAAP income from operations to Adjusted Operating Income (Loss) and Adjusted Operating Margins, as well as GAAP net income to Adjusted Net Income for the periods presented.
For the Three Months Ended
December 31,
For the Twelve Months Ended
December 31,
2025
2024
2025
2024
USD
USD
USD
USDLoss from operations$    (658,582)
$ (1,262,469)
$ (2,402,056)
$ (2,099,591)Adjustments:






Non-recurring IPO-related share-based
compensation—
59,719
19,906
238,876Business expansion expense—
61,770
—
247,080Adjusted Operating Loss$    (658,582)
$  (1,140,980)
$   (2,382,150)
$   (1,613,635)Revenue$ 30,468,983
$ 35,594,426
$ 130,528,652
$ 131,818,073Adjusted Operating Margins (%)(2.2)
(3.2)
(1.8)
(1.2)
















For the Three Months Ended
December 31,
For the Twelve Months Ended
December 31,
2025
2024
2025
2024
USD
USD
USD
USDLoss before income taxes$ (1,136,419)
$ (1,013,987)
$ (4,339,014)
$ (2,282,098)Adjustments:






Non-recurring IPO-related share-based
compensation—
59,719
19,906
238,876Business expansion expense—
61,770
—
247,080Adjusted loss before income taxes(1,136,419)
(892,498)
(4,319,108)
(1,796,142)Less: income taxes at 18% rate(204,555)
(160,650)
(777,439)
(323,306)Less: net loss attributable to non-controlling     
shareholders(369,740)
(72,427)
(985,880)
(533,188)Adjusted Net Loss$    (562,124)
$    (659,421)
$   (2,555,789)
$    (939,648) 



View original content to download multimedia:https://www.prnewswire.com/news-releases/fgi-industries-announces-fourth-quarter-and-full-year-2025-results-302738646.htmlSOURCE FGI Industries Ltd.

Original: FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2025 RESULTS

FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL-YEAR RESULTS CONFERENCE CALL DATEApril 6, 2026 6:31 PM
PR Newswire (US)

EAST HANOVER, N.J., April 6, 2026 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced that it will issue financial results for the fourth quarter and full-year 2025 after the market close on Thursday, April 9, 2026. Management will conduct a conference call on Friday, April 10, 2026, at 9:00 am Eastern Time to discuss the quarterly and full-year results.







A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investor.fgi-industries.com. To listen to a live broadcast, we recommend going to the site at least 15 minutes prior to the scheduled start time to register and download and install any necessary audio software.To participate in the live teleconference:Toll Free:  
1-833-821-8134International Live:
1-412-652-1262To listen to a replay of the teleconference, which will be available through April 24, 2026:Domestic Replay:   
1-844-512-2921International Replay:  
1-412-317-6671Conference ID:
10206547ABOUT FGI INDUSTRIESFGI Industries Ltd. (Nasdaq: FGI) is a leading global supplier of kitchen and bath products. For over 30 years, we have built an industry-wide reputation for product innovation, quality, and excellent customer service. We are currently focused on the following product categories: sanitaryware (primarily toilets, sinks, pedestals, and toilet seats), bath furniture (vanities, mirrors and cabinets), shower systems, customer kitchen cabinetry and other accessory items. These products are sold primarily for repair and remodel activity and, to a lesser extent, new home or commercial construction. We sell our products through numerous partners, including mass retail centers, wholesale and commercial distributors, online retailers and specialty stores.FORWARD-LOOKING STATEMENTSThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipate," "expect," "could," "may," "intend," "plan", "see" and "believe," among others, generally identify forward-looking statements. These forward-looking statements include, among others, statements regarding FGI's guidance, the Company's growth strategies, outlook and potential acquisition activity, the tariff environment, the macroeconomic instability and its associated impact on the national and global economy and the residential repair and remodel market, the company's planned product launches and new customer partnerships and the effect of supply chain disruptions and freight costs. These forward-looking statements are based on currently available operating, financial, economic and other information, and are subject to a number of risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. A variety of factors, many of which are beyond our control, could cause actual future results or events to differ materially from those projected in the forward-looking statements in this release. For a full description of the risks and uncertainties which could cause actual results to differ from our forward-looking statements, please refer to FGI's periodic filings with the Securities & Exchange Commission including those described as "Risk Factors" in FGI's annual report on Form 10-K for the year ended December 31, 2024, and in quarterly reports on Form 10-Q filed thereafter. FGI does not undertake any obligation to update forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.



View original content to download multimedia:https://www.prnewswire.com/news-releases/fgi-industries-announces-fourth-quarter-and-full-year-results-conference-call-date-302735065.htmlSOURCE FGI Industries Ltd.

Original: FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL-YEAR RESULTS CONFERENCE CALL DATE

$FGI: Asked ChatGPT and it gave me this........................................

https://www.fgi-industries.com/

https://x.com/FGI_Industries



FGI is a REAL REVENUE GENERATOR............. Now at $3.30 !!!!!!!!
Superrrrrrrrrrrrrrrrr low floater at only 500k shares.

1. FGI Industries (FGI) — closest to your exact criteria
Revenue: ~$130M+
EBITDA: positive / improving
Float: very low (~2–3M shares) (insider-heavy)
Market cap: ultra microcap

Why it stands out:

Real business (home fixtures, big-box distribution)
Insider ownership high ? float constrained
Trades at extreme discount vs revenue

👉 This is one of the cleanest “low float + real revenue” setups in the market

FGI Industries Ltd. engages in the supply of kitchen and bath products. Its products fall under the following categories: Sanitaryware, Bath Furniture, Shower Systems and Other. The Sanitaryware category offers bath products such as toilets, sinks, pedestals and toilet seats. The Bath Furniture category deals with wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry and medicine cabinets, and other storage systems. The Shower Systems category includes a range of shower-related products such as shower walls, shower doors and shower basins. The Others category includes shower door and shower systems products, custom kitchen cabinetry, and other accessory items. The company was founded on May 26, 2021 and is headquartered in East Hanover, NJ.


Thank you to everyone who joined us for a private evening—a relaxed space to connect, unwind, and celebrate the FGI global community. 🌍🌴✈️ pic.twitter.com/UG33Ts0H63— FGI (@FGI_Industries) February 25, 2026

FGI INDUSTRIES ANNOUNCES POSTPONEMENT OF Q4 AND 2025 RESULTS CONFERENCE CALLMarch 24, 2026 4:30 PM
PR Newswire (US)

EAST HANOVER, N.J., March 24, 2026 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced that it has postponed the release of its financial results for the fourth quarter and year ended December 31, 2025, which was previously scheduled for Tuesday March 24, 2026. The Company is also postponing the earnings conference call originally scheduled for Wednesday, March 25, 2026, at 9:00 am Eastern Time. The Company requires additional time to complete its fourth quarter and full year financial reporting processes. The Company will announce a new date and time for the issuance of its earnings release and conference call once the financial reporting process is complete.







ABOUT FGI INDUSTRIESFGI Industries Ltd. (Nasdaq: FGI) is a leading global supplier of kitchen and bath products. For over 30 years, we have built an industry-wide reputation for product innovation, quality, and excellent customer service. We are currently focused on the following product categories: sanitaryware (primarily toilets, sinks, pedestals, and toilet seats), bath furniture (vanities, mirrors and cabinets), shower systems, customer kitchen cabinetry and other accessory items. These products are sold primarily for repair and remodel activity and, to a lesser extent, new home or commercial construction. We sell our products through numerous partners, including mass retail centers, wholesale and commercial distributors, online retailers and specialty stores.FORWARD-LOOKING STATEMENTSThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipate," "expect," "could," "may," "intend," "plan", "see" and "believe," among others, generally identify forward-looking statements. These forward-looking statements include, among others, statements regarding FGI's guidance, the Company's growth strategies, outlook and potential acquisition activity, the tariff environment, the macroeconomic instability and its associated impact on the national and global economy and the residential repair and remodel market, the company's planned product launches and new customer partnerships and the effect of supply chain disruptions and freight costs. These forward-looking statements are based on currently available operating, financial, economic and other information, and are subject to a number of risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. A variety of factors, many of which are beyond our control, could cause actual future results or events to differ materially from those projected in the forward-looking statements in this release. For a full description of the risks and uncertainties which could cause actual results to differ from our forward-looking statements, please refer to FGI's periodic filings with the Securities & Exchange Commission including those described as "Risk Factors" in FGI's annual report on Form 10-K for the year ended December 31, 2024, and in quarterly reports on Form 10-Q filed thereafter. FGI does not undertake any obligation to update forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.



View original content to download multimedia:https://www.prnewswire.com/news-releases/fgi-industries-announces-postponement-of-q4-and-2025-results-conference-call-302723881.htmlSOURCE FGI Industries Ltd.

Original: FGI INDUSTRIES ANNOUNCES POSTPONEMENT OF Q4 AND 2025 RESULTS CONFERENCE CALL

FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL-YEAR RESULTS CONFERENCE CALL DATEMarch 12, 2026 4:30 PM
PR Newswire (US)

EAST HANOVER, N.J., March 12, 2026 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced that it will issue financial results for the fourth quarter and full-year 2025 after the market close on Tuesday, March 24, 2026. Management will conduct a conference call on Wednesday, March 25, 2026, at 9:00 am Eastern Time to discuss the quarterly and full-year results.







A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investor.fgi-industries.com. To listen to a live broadcast, we recommend going to the site at least 15 minutes prior to the scheduled start time to register and download and install any necessary audio software.To participate in the live teleconference:Toll Free:
1-833-821-8134International Live:
1-412-652-1262To listen to a replay of the teleconference, which will be available through April 8, 2026:Domestic Replay:
1-844-512-2921International Replay:
1-412-317-6671Conference ID:
10206547ABOUT FGI INDUSTRIESFGI Industries Ltd. (Nasdaq: FGI) is a leading global supplier of kitchen and bath products. For over 30 years, we have built an industry-wide reputation for product innovation, quality, and excellent customer service. We are currently focused on the following product categories: sanitaryware (primarily toilets, sinks, pedestals, and toilet seats), bath furniture (vanities, mirrors and cabinets), shower systems, customer kitchen cabinetry and other accessory items. These products are sold primarily for repair and remodel activity and, to a lesser extent, new home or commercial construction. We sell our products through numerous partners, including mass retail centers, wholesale and commercial distributors, online retailers and specialty stores.FORWARD-LOOKING STATEMENTSThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipate," "expect," "could," "may," "intend," "plan", "see" and "believe," among others, generally identify forward-looking statements. These forward-looking statements include, among others, statements regarding FGI's guidance, the Company's growth strategies, outlook and potential acquisition activity, the tariff environment, the macroeconomic instability and its associated impact on the national and global economy and the residential repair and remodel market, the company's planned product launches and new customer partnerships and the effect of supply chain disruptions and freight costs. These forward-looking statements are based on currently available operating, financial, economic and other information, and are subject to a number of risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. A variety of factors, many of which are beyond our control, could cause actual future results or events to differ materially from those projected in the forward-looking statements in this release. For a full description of the risks and uncertainties which could cause actual results to differ from our forward-looking statements, please refer to FGI's periodic filings with the Securities & Exchange Commission including those described as "Risk Factors" in FGI's annual report on Form 10-K for the year ended December 31, 2024, and in quarterly reports on Form 10-Q filed thereafter. FGI does not undertake any obligation to update forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.



View original content to download multimedia:https://www.prnewswire.com/news-releases/fgi-industries-announces-fourth-quarter-and-full-year-results-conference-call-date-302712803.htmlSOURCE FGI Industries Ltd.

Original: FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL-YEAR RESULTS CONFERENCE CALL DATE

$FGI: BOoommmmmmmmm............ went to $24

In PreMarket from yesterdays............. $4 ????????????

What the hell is this thing ?


Another $CWD in the making ?? That one went to $45 from $2 in one day


https://www.fgi-industries.com/


GO $FGI