the mission at fgi industries ltd., can be expressed in three fundamental values: innovation, quality, and service. each of these values serves as a guiding principle in our manufacturing process, and how we conduct our day-to-day business. we have achieved consistent sales growth each year by providing well designed, high-quality products, and providing service that exceeds our customers’ expectations. originally established in 1987 as a privately held business in newark, new jersey, fgi industries ltd. began its business as an importer of wood cabinetry and bathroom fixtures for the retail market. over the course of 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. o
Company profile
Ticker
FGI
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Masco • Omega Flex ...
SEC CIK
Corporate docs
Subsidiaries
FGI Industries Inc. • FGI Europe Investment Limited • FGI International, Limited • FGI Canada Ltd. • FGI Germany GmbH & Co. KG • FGI China Ltd. • FGI United Kingdom Ltd • FGI Australasia Pty Ltd • Covered Bridge Cabinetry Manufacturing Co., Ltd • Isla Porter LLC ...
FGI stock data
Latest filings (excl ownership)
S-3
Shelf registration
9 Apr 24
8-K
Departure of Directors or Certain Officers
29 Mar 24
10-K
2023 FY
Annual report
26 Mar 24
8-K
Fgi Industries Announces Fourth Quarter and Full - Year 2023 Results
20 Mar 24
8-K
Entry into a Material Definitive Agreement
31 Jan 24
10-Q
2023 Q3
Quarterly report
13 Nov 23
8-K
Fgi Industries Announces Third Quarter 2023 Results
8 Nov 23
10-Q
2023 Q2
Quarterly report
11 Aug 23
8-K
Fgi Industries Announces Second Quarter 2023 Results
9 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
5 Jun 23
Transcripts
FGI
Earnings call transcript
2023 Q4
21 Mar 24
FGI
Earnings call transcript
2023 Q3
9 Nov 23
FGI
Earnings call transcript
2023 Q2
10 Aug 23
FGI
Earnings call transcript
2023 Q1
11 May 23
FGI
Earnings call transcript
2022 Q4
28 Mar 23
FGI
Earnings call transcript
2022 Q3
14 Nov 22
FGI
Earnings call transcript
2022 Q2
14 Aug 22
FGI
Earnings call transcript
2022 Q1
15 May 22
Latest ownership filings
3
Anagha Apte
8 Apr 24
4
Robert Kermelewicz
22 Mar 24
4
Jennifer Earl
22 Mar 24
SC 13G/A
FIRST WILSHIRE SECURITIES MANAGEMENT INC
12 Feb 24
4
Perry Lin
27 Mar 23
4
David E. Bruce
27 Mar 23
4
John Shu-Nan Chen
27 Mar 23
SC 13G
FIRST WILSHIRE SECURITIES MANAGEMENT INC
15 Feb 23
4
Todd M. Heysse
2 Nov 22
4
Todd M. Heysse
28 Oct 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.37 mm | 5.37 mm | 5.37 mm | 5.37 mm | 5.37 mm | 5.37 mm |
Cash burn (monthly) | 508.27 k | 50.92 k | (no burn) | (no burn) | 529.20 k | (no burn) |
Cash used (since last report) | 3.46 mm | 346.17 k | n/a | n/a | 3.60 mm | n/a |
Cash remaining | 1.91 mm | 5.02 mm | n/a | n/a | 1.77 mm | n/a |
Runway (months of cash) | 3.8 | 98.7 | n/a | n/a | 3.3 | n/a |
Institutional ownership, Q2 2023
92.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 7 |
Closed positions | 6 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 1.54 bn |
Total shares | 8.85 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Foremost Groups | 6.82 mm | $0.00 |
Armistice Capital | 933.33 k | $186.67 mm |
Anson Funds Management | 740.99 k | $1.28 bn |
Hudson Bay Capital Management | 200.00 k | $39.22 mm |
Warberg Asset Management | 121.07 k | $27.61 mm |
Chapin Davis | 28.00 k | $4.65 mm |
Clear Street | 9.90 k | $2.00 k |
UBS UBS Group AG - Registered Shares | 2.40 k | $398.00 k |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Mar 24 | Robert Kermelewicz | Employee Stock Option Ordinary Shares | Grant | Acquire A | No | No | 2.08 | 5,808 | 12.08 k | 5,808 |
20 Mar 24 | Jennifer Earl | Employee Stock Option Ordinary Shares | Grant | Acquire A | No | No | 2.08 | 5,636 | 11.72 k | 5,636 |
23 Mar 23 | John Shu-Nan Chen | Employee Stock Option Ordinary Shares | Grant | Acquire A | No | No | 2.26 | 48,449 | 109.49 k | 48,449 |
23 Mar 23 | David E. Bruce | Employee Stock Option Ordinary Shares | Grant | Acquire A | No | No | 2.26 | 72,673 | 164.24 k | 72,673 |
News
12 Industrials Stocks Moving In Monday's Intraday Session
8 Apr 24
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
3 Apr 24
11 Industrials Stocks Moving In Thursday's Pre-Market Session
21 Mar 24
FGI Industries Sees Full Year 2024 Revenues Of $115M-$128M, Est $115.407M
20 Mar 24
Recap: FGI Industries Q4 Earnings
20 Mar 24