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FGI Industries .(FGI) - 2024 Q1 - Quarterly Report
2024-05-10 20:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41207 FGI Industries Ltd. (Exact name of registrant as specified in its charter) Cayman Islands 98-1603252 ( ...
FGI Industries .(FGI) - 2024 Q1 - Earnings Call Presentation
2024-05-09 19:45
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------|-------|-------|-------|-------|-----------------------------------------------------------------------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance sheet strength and liquidity continues to support ongoing working | | | | | | | | | | | | | | capital needs | | | | | | | | | • | | | | | Cash and availability under o ...
FGI Industries Ltd. (FGI) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-08 23:01
FGI Industries Ltd. (FGI) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.06, delivering a surprise of 200%.Over the last four quarters, the company has surp ...
FGI Industries .(FGI) - 2024 Q1 - Quarterly Results
2024-05-08 20:30
Exhibit 99.1 FGI INDUSTRIES ANNOUNCES FIRST QUARTER 2024 RESULTS EAST HANOVER, N.J., May 8, 2024 – 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 2024. FIRST QUARTER 2024 HIGHLIGHTS (As compared to the first quarter of 2023) MANAGEMENT COMMENTARY Dave Bruce, President and CEO of FGI, stated, "The industry outlook remains relatively flat overall with our customers not expecting much growth in 20 ...
FGI INDUSTRIES ANNOUNCES FIRST QUARTER 2024 RESULTS CONFERENCE CALL DATE
Prnewswire· 2024-05-03 20:34
EAST HANOVER, N.J., May 3, 2024 /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 first quarter 2024 after the market close on Wednesday, May 8, 2024. Management will conduct a conference call on Thursday, May 9, 2024, at 9:00 am Eastern Time to discuss the quarterly results. A webcast of the conference call and accompanying presentation materials will be available i ...
FGI Industries .(FGI) - 2023 Q4 - Annual Report
2024-03-26 20:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-41207 FGI Industries Ltd. (Exact Name of Registrant as Specified in Its Charter) Cayman Islands 98-1603252 (State or Other Jurisdiction of (I.R.S. Emp ...
FGI Industries .(FGI) - 2023 Q4 - Earnings Call Transcript
2024-03-21 16:55
FGI Industries Ltd. (NASDAQ:FGI) Q4 2023 Earnings Conference Call March 21, 2024 9:00 AM ET Company Participants Paul Bartolai - Managing Director of Vallum Capital Advisors David Bruce - President and Chief Executive Officer Perry Lin - Chief Financial Officer Conference Call Participants Reuben Garner - The Benchmark Company, LLC Gregory Gibas - Northland Securities, Inc. Operator Good day, and welcome to the FGI Industries Fourth Quarter 2023 Conference Call. All participants will be in a listen-only mod ...
FGI Industries .(FGI) - 2023 Q4 - Earnings Call Presentation
2024-03-21 13:15
Investor Presentation Fourth Quarter 2023 Certain matters discussed in this presentation contains forward-looking statements concerning our business, operations and financial performance and conditions, as well as our plans, objectives and expectations for our business operations and financial performance and condition. These statements may be preceded by, followed by or include the words "may," "expect," "will," "will likely result," "should," "estimate," "plan" and other similar expressions that are predi ...
FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL - YEAR 2023 RESULTS
Prnewswire· 2024-03-20 22:03
EAST HANOVER, N.J., March 20, 2024 /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 2023. FOURTH QUARTER 2023 HIGHLIGHTS(As compared to the prior-year period) Total revenues of $31.0 million, (2.6%) Gross profit of $9.0 million, +20.1%; Gross margin of 29.2%, +549 basis points Net Income of $0.5 million Adjusted net income of $0.5 million* Adjusted operating income ...
FGI Industries .(FGI) - 2023 Q4 - Annual Results
2024-03-20 21:12
FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL - YEAR 2023 RESULTS EAST HANOVER, N.J., March 20, 2024 – 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 2023. FOURTH QUARTER 2023 HIGHLIGHTS (As compared to the prior-year period) FULL-YEAR 2023 HIGHLIGHTS (As compared to the prior-year period) * Adjusted net income and Adjusted operating income constitute non-GAAP financial measur ...