FGI Industries Ltd
NASDAQ:FGI
Income Statement
Earnings Waterfall
FGI Industries Ltd
Income Statement
FGI Industries Ltd
| Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Revenue |
182
N/A
|
147
-19%
|
194
+33%
|
182
-6%
|
162
-11%
|
145
-10%
|
127
-13%
|
118
-7%
|
117
-1%
|
121
+3%
|
121
+0%
|
127
+5%
|
132
+4%
|
134
+2%
|
136
+1%
|
136
0%
|
|
| Gross Profit | |||||||||||||||||
| Cost of Revenue |
(150)
|
(123)
|
(163)
|
(151)
|
(130)
|
(114)
|
(96)
|
(88)
|
(85)
|
(87)
|
(86)
|
(91)
|
(96)
|
(98)
|
(100)
|
(100)
|
|
| Gross Profit |
32
N/A
|
23
-28%
|
32
+36%
|
32
0%
|
32
0%
|
31
-1%
|
31
-1%
|
31
-1%
|
32
+5%
|
33
+4%
|
34
+3%
|
36
+4%
|
35
-1%
|
36
+1%
|
36
-1%
|
36
+1%
|
|
| Operating Income | |||||||||||||||||
| Operating Expenses |
(25)
|
(20)
|
(27)
|
(27)
|
(26)
|
(27)
|
(28)
|
(29)
|
(30)
|
(32)
|
(34)
|
(36)
|
(38)
|
(39)
|
(39)
|
(39)
|
|
| Selling, General & Administrative |
(24)
|
(19)
|
(26)
|
(26)
|
(25)
|
(26)
|
(26)
|
(27)
|
(28)
|
(30)
|
(31)
|
(33)
|
(35)
|
(37)
|
(37)
|
(37)
|
|
| Research & Development |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
|
| Operating Income |
8
N/A
|
3
-58%
|
5
+54%
|
5
-3%
|
5
+6%
|
4
-14%
|
3
-26%
|
2
-37%
|
2
+12%
|
2
-14%
|
1
-52%
|
0
-58%
|
(2)
N/A
|
(3)
-46%
|
(3)
-12%
|
(3)
+13%
|
|
| Pre-Tax Income | |||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Non-Reccuring Items |
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
3
|
2
|
2
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
0
|
0
|
|
| Pre-Tax Income |
9
N/A
|
3
-67%
|
5
+52%
|
4
-1%
|
5
+0%
|
4
-20%
|
2
-35%
|
1
-45%
|
1
+8%
|
1
-18%
|
1
-53%
|
(0)
N/A
|
(2)
-460%
|
(3)
-45%
|
(5)
-38%
|
(4)
+8%
|
|
| Net Income | |||||||||||||||||
| Tax Provision |
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
1
|
1
|
(0)
|
|
| Income from Continuing Operations |
8
|
3
|
4
|
4
|
4
|
3
|
2
|
1
|
1
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(5)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
|
| Net Income (Common) |
8
N/A
|
3
-62%
|
4
+39%
|
4
-3%
|
4
-8%
|
3
-23%
|
2
-38%
|
1
-49%
|
1
-19%
|
1
-14%
|
1
+11%
|
(0)
N/A
|
(1)
-360%
|
(1)
-18%
|
(3)
-98%
|
(4)
-39%
|
|
| EPS (Diluted) |
4.15
N/A
|
1.35
-67%
|
1.77
+31%
|
2.1
+19%
|
1.98
-6%
|
1.49
-25%
|
0.91
-39%
|
0.46
-49%
|
0.37
-20%
|
0.32
-14%
|
0.36
+12%
|
-0.13
N/A
|
-0.63
-385%
|
-0.75
-19%
|
-1.47
-96%
|
-2.04
-39%
|
|