{"filings":[{"id":2217476,"accession_number":"0001628280-26-056242","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2026-08-12T20:24:24+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Q2 2026: Revenue $31.9M (+2.9% YoY), gross margin up 530 bps to 33.4%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Gross profit $10.7M (+22.5% YoY); gross margin 33.4% vs 28.1% prior-year quarter.","Operating income $1.4M; net income attributable to shareholders $1.3M; adjusted net income $1.2M.","US revenue +20.3% YoY; Canada -24.5%, Europe -21.0%; sanitaryware +5.9%, shower systems +15.2%.","Bath Furniture -15.5% and Other -9.2% YoY on tariff-related demand softness; Q2 IEEPA recoveries offset costs.","Ended Q2 with available liquidity of $7.9M; July 301 tariffs permanently replaced temporary Section 122 tariffs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":835396,"accession_number":"0001628280-26-040469","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2026-06-03T20:50:37+00:00","items":["5.07"],"status":"ready","headline":"FGI Industries shareholders elect 5 directors and ratify auditor at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All five director nominees elected: David Bruce (1,387,347 for), John Chen (1,387,517 for), Todd Heysse (1,387,578 for), Kellie Zesch Weir (1,387,579 for), Anagha Apte (1,387,581 for).","Ratification of Marcum Asia CPAs LLP as independent auditor for FY 2026 passed with 1,606,497 for, 11,298 against, 7 abstentions.","Broker non-votes on director elections were 227,159 for each nominee; no broker non-votes on auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":443439,"accession_number":"0001628280-26-035143","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2026-05-14T20:29:22+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Q1 revenue $30.5M, -8.2% YoY; net loss $1.0M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Gross profit $8.2M (-8.3% YoY); gross margin 26.8% flat; operating loss $0.7M.","Sanitaryware revenue $16.1M (-20% YoY); bath furniture +10.9%, shower systems +14.0%.","Revenue declined 5.9% in U.S. and 25.5% in Canada; Europe up 15.4%.","Liquidity $7.9M; management cites tariff uncertainty and China+1 sourcing strategy.","Adjusted net loss $0.7M; operating expenses down 13.1% YoY to $8.9M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96377,"accession_number":"0001628280-26-026841","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2026-04-23T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"FGI Industries dismisses CBIZ, appoints Marcum Asia as auditor; discloses material weakness","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit committee dismissed CBIZ as independent auditor effective April 20, 2026; no disagreements in prior periods.","Marcum Asia appointed as new auditor for FY 2026; no consultations occurred before engagement.","Material weakness in internal controls for 2025 related to foreign subsidiary's journal entry and account reconciliation review.","CBIZ's audit report for 2025 was unqualified with no adverse opinions or scope modifications.","CBIZ letter agreeing with the dismissal disclosures filed as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96376,"accession_number":"0001628280-26-024473","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2026-04-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Q4 revenue down 14.4% to $30.5M; full-year net loss $6.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $30.5M (-14.4% YoY); gross margin 26.7% (+210 bps).","Q4 operating loss $0.7M; net loss attributable to shareholders $2.6M.","Full-year revenue $130.5M (-1.0% YoY); net loss $6.1M.","Adjusted Q4 operating loss $0.7M; adjusted net loss $0.6M.","Tariffs cause customer caution; management notes pickup in early 2026 activity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96375,"accession_number":"0001628280-26-023287","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2026-04-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"FGI Industries amends credit facility with East West Bank, extends maturity to April 2027, maintains $18M borrowing base","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowing base up to $18M, maturity extended to April 17, 2027.","Collateralized by all assets; guaranteed by company, subsidiaries, and Liang Chou Chen (49.91% voting control).","Financial covenants require year-to-date EBITDA of up to $1.6M consolidated, $1.4M unconsolidated, tested monthly.","Interest rate at Prime plus 0%-1.5% margin, with 4.5% per annum floor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":126803,"accession_number":"0001628280-25-052374","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Industries reports Q3 net loss $1.7M; revenue flat -0.7% YoY; gross margin +70bps","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $35.8M, -0.7% YoY; gross margin 26.5%, +70 bps.","GAAP net loss $1.7M ($0.86 per share) vs loss $0.6M ($0.29) YoY.","Adjusted net income $0.2M ($0.13/share) vs adjusted loss $0.1M (-$0.06) YoY.","Sanitaryware revenue +7% YoY; shower systems -17.8%; bath furniture -10.8%.","FY 2025 guidance reiterated: rev $135-145M, adj op income $(2.0)-1.5M. Quarterly calls for Q2 and Q4 only."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.83,"consensus_revenue_estimate":null,"consensus_revenue_actual":100059669.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143581,"accession_number":"0001628280-25-040513","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-08-15T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"FGI Industries regains Nasdaq minimum bid price compliance, avoids delisting","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq confirmed on Aug 14, 2025 that FGI regained compliance with the minimum bid price requirement (Rule 5550(a)(2)).","The company had been deficient under the Bid Price Requirement; now it meets all applicable listing standards.","FGI will continue to be listed on the Nasdaq Capital Market without interruption.","No further compliance issues remain; the matter is closed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143580,"accession_number":"0001628280-25-039581","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Industries Q2 2025 revenue $31M (+5.5%) but net loss $1.2M; margins compressed by tariffs","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $1.2M ($0.64 loss per share); adjusted net loss $1.2M ($0.61 loss per share).","Gross margin dropped 240 bps to 28.1% due to tariffs and higher freight costs.","Sanitaryware up 4.3%, Bath Furniture +2.7%, Shower Systems -11.2%; Other (cabinetry) +67.7%.","FY 2025 guidance reaffirmed: revenue $135-145M, adjusted operating income ($2.0)-$1.5M.","Company will hold earnings calls only for Q2 and Q4 going forward; tariffs remain a key headwind."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":64210808.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":143579,"accession_number":"0001628280-25-036293","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-07-29T23:59:59+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"FGI Industries to effect 1-for-5 reverse share split on July 31, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["1-for-5 reverse share split effective 12:01 a.m. ET on July 31, 2025; par value changes from $0.0001 to $0.0005 per share.","As of April 24, 2025, FGI had 9,591,555 Ordinary Shares outstanding; split reduces share count proportionately.","Fractional shares will be paid in cash (no interest); holders via brokerage need no action.","Warrants (FGIWW) adjusted: every 5 warrants exercisable for 1 Ordinary Share at $30.00 per share.","Equity incentive plan shares and outstanding option exercise prices adjusted proportionately; percentage ownership unchanged except for fractional shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161778,"accession_number":"0001628280-25-028157","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"FGI Industries shareholders approve reverse stock split at Annual Meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Five director nominees elected: David Bruce, John Chen, Todd Heysse, Kellie Zesch Weir, Anagha Apte.","Shareholders approved reverse share split at ratio 1:2 to 1:15; board to set exact ratio later.","Ratified appointment of CBIZ CPAs, P.C. as independent auditor for FY2025.","Broker non-votes of 843,690 on director election; none on reverse split or auditor vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161777,"accession_number":"0001628280-25-025096","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-05-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Q1 revenue up 8% to $33.2M but swings to operating loss of $1.3M; guides FY25 revenue $135-145M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $33.2M (+8% YoY); gross margin 26.8% (-60bps); operating loss $1.3M (vs $0.3M income).","Net loss attributable to shareholders $0.6M ($0.07/diluted share) vs net income $0.4M ($0.04/share).","Adjusted net loss $1.1M ($0.11/diluted share) vs adjusted net income $0.2M ($0.02/share).","Bath Furniture +32.7%, Other/Kitchen Cabinets +135.7% (Covered Bridge); Sanitaryware -1.7%, Shower Systems -1.3%.","FY2025 guidance: revenue $135-145M, adj op income $(2.0)-1.5M, adj net income $(1.9)-1.0M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":33212548.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":161776,"accession_number":"0001628280-25-019368","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-04-23T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"FGI Industries auditor Marcum resigns; CBIZ appointed; material weaknesses disclosed","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Marcum LLP resigned as FGI's independent auditor effective April 22, 2025; CBIZ CPAs P.C. engaged same day.","No disagreements with Marcum on accounting principles or audit scope during 2023-2024 or through resignation.","Material weaknesses identified: inadequate segregation of duties for journal entries; insufficient management review of account reconciliations and loan covenant calculations.","Marcum provided a letter agreeing with the statements in the 8-K, filed as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179868,"accession_number":"0001628280-25-014987","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-03-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Industries Q4 revenue up 15% to $35.6M but gross margin falls 460 bps; net loss $0.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $35.6M (+15% YoY); gross profit $8.7M (-3.2%); gross margin 24.6% (down 460 bps).","Operating loss $1.3M, net loss $0.4M ($0.04 diluted loss); adjusted operating loss $1.1M, adjusted net loss $0.7M.","Full-year revenue $131.8M (+12.4% YoY); net loss $1.2M; operating expenses rose 28.4% to $10.0M.","FY2025 guidance: revenue $135-145M; adj operating income $(2.0)-1.5M; adj net income $(1.9)-1.0M.","Cash $4.6M, total debt $14.5M, total liquidity $15.6M; management notes fluid tariff environment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179867,"accession_number":"0001628280-25-012036","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-03-11T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"FGI Industries granted 180-day Nasdaq extension to cure bid price deficiency through Sep 1, 2025","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq notice of extension to September 1, 2025 to regain compliance with $1.00 minimum bid price.","Original deficiency notice on Sept 6, 2024; stock had closing bid below $1.00 for 30 consecutive days.","Must maintain closing bid at or above $1.00 for at least 10 consecutive business days during extension.","Company intends to cure deficiency by effecting a reverse stock split if necessary.","Failure to regain compliance may result in delisting, with right to appeal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":179866,"accession_number":"0001628280-25-002776","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2025-01-28T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"CFO Perry Lin resigns effective June 30, 2025; Jae Chung named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Perry Lin resigns effective June 30, 2025 for personal reasons; no disagreement with company.","Board appoints Jae Chung as new CFO effective July 1, 2025; Chung was VP IR & Corp Dev since April 2024.","Chung's salary set at $180,000; eligible for Management Incentive Plan and Equity Incentive Plan.","Chung previously served on FGI's board from Jan 2022 to Mar 2024; no family relationships or related-party transactions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196655,"accession_number":"0001628280-24-047215","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["5.02","8.01"],"status":"ready","headline":"FGI EVP Bob Kermelewicz transitions to Sales Director; Jennifer Earl assumes additional duties","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bob Kermelewicz steps down as EVP, FGI USA to become Sales Director effective Dec 31, 2024.","New role focuses on business development; annual salary $150,000 plus 3-5% sales commissions.","Jennifer Earl, President FGI North America, will take on additional duties related to the transition.","Employment agreements for both executives to be amended to reflect the changes.","No severance or departure compensation disclosed; role change is described as mutual agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":196654,"accession_number":"0001628280-24-046785","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Q3 revenue up 20.6% to $36.1M but net loss of $0.6M; guides FY revenue up but profit down","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $36.1M (+20.6% YoY); gross profit $9.3M (+18.9%); gross margin 25.8% (-40 bps).","GAAP net loss $0.6M ($0.06/sh) vs net income $0.4M ($0.04/sh) in Q3 2023.","Adjusted net loss $0.1M ($0.01/sh) vs adjusted net income $0.6M ($0.06/sh) YoY.","Revised FY24 guidance: revenue $127-131M (prior $115-128M); adj. op. income ($1.0M)-$0.0M (prior $2.8-3.8M).","Liquidity $16.3M at Sep 30; investing in kitchen cabinet & Canada distribution."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":96223647.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":212954,"accession_number":"0001558370-24-012730","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2024-09-11T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"FGI Industries receives Nasdaq bid-price deficiency notice; 180 days to regain compliance","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified FGI on Sept 6, 2024 that bid price was below $1.00 for 30 consecutive business days.","Company has until March 5, 2025 to regain compliance under Rule 5550(a)(2).","Compliance requires closing bid ≥$1.00 for at least 10 consecutive business days.","If not cured, FGI may qualify for an additional 180-day period if it meets other listing standards.","Failure to cure could lead to delisting; company may appeal any delisting determination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":212953,"accession_number":"0001558370-24-011377","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Q2 revenue flat at $29.4M, gross margin up 310bps, but posts operating loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $29.4M (+0.6% YoY); gross profit $9.0M (+11.9%); gross margin 30.5% (+310bps).","GAAP net loss ~$0.0M ($0.00 EPS); adjusted net income $0.1M ($0.01 EPS).","Shower Systems revenue +37% YoY; Covered Bridge cabinets +66% YoY; sanitaryware -8%.","FY2024 guidance reaffirmed: revenue $115M-$128M, adj. operating income $2.8M-$3.8M.","Liquidity $17.4M; cash $1.3M, total debt $9.7M; opened office in India."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":60124468.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232030,"accession_number":"0001558370-24-008726","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2024-05-29T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"FGI Industries shareholders elect five directors and ratify Marcum LLP as auditor at AGM","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Five directors elected: David Bruce, John Chen, Todd Heysse, Kellie Zesch Weir, Anagha Apte.","All directors received over 7.96M For votes; no Against votes; abstentions minor.","Auditor Marcum LLP ratified with 8.56M For, 97k Against, 1.7k Abstain.","Broker non-votes on director election: 605,509."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":232029,"accession_number":"0001558370-24-007363","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Q1 revenue rises 13.2% to $30.8M; net loss $0.4M, guidance reaffirmed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $30.8M (+13.2% YoY); gross margin 27.4% (+90 bps).","Sanitaryware $20.5M (up from $15.4M); Bath Furniture $3.1M (down from $5.0M); Shower Systems $5.8M (up from $5.0M).","GAAP net loss $0.4M ($0.04 diluted EPS); adjusted net loss $0.4M ($0.05 diluted EPS).","Adjusted operating loss $0.2M vs. prior breakeven due to increased growth investment.","FY 2024 guidance reiterated: revenue $115-128M, adj. operating income $2.8-3.8M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":30753519.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250304,"accession_number":"0001558370-24-004378","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2024-03-29T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"FGI board member resigns to become SVP; new director appointed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jae Chung resigns from board effective April 1, 2024; becomes SVP of Investor Relations & Corporate Development.","Anagha Apte Sreenivasan appointed to board effective April 1, 2024; currently Senior Director, Ethics Counsel at eBay.","Ms. Apte previously held ethics & compliance roles at Twitter (X) and Starwood Hotels & Resorts.","She will serve on the board's Audit and Compensation Committees; resignation not due to any disagreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250303,"accession_number":"0001558370-24-003638","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2024-03-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Industries reports FY 2023 revenue down 27.5%, gross margin up 788 bps","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2023 revenue $31.0M (-2.6% YoY); gross profit $9.0M (+20.1%); net income $0.5M.","Full-year 2023 revenue $117.2M (-27.5% YoY); gross margin 27.4% (+788 bps); net income $0.6M.","Adjusted net income FY 2023 $1.0M; adjusted operating income $2.8M; Q4 adjusted operating income $1.4M.","Gross margin improvement driven by product mix and cost controls; revenue decline reflects market conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":250302,"accession_number":"0001558370-24-000668","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2024-01-31T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"FGI Industries subsidiary enters $2.3M credit line with CTBC Bank","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["FGI International, wholly owned subsidiary, entered a $2.3M unsecured credit line with CTBC Bank.","Borrowings limited to 90% of export open account trade receivables.","Interest rate based on Taipei Interbank Offered Rate (TAIBOR) plus 120 bps base points plus handling fees.","Credit line is fully guaranteed by FGI Industries Ltd.","Contains customary representations, warranties, and events of default including non-payment and bankruptcy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":267862,"accession_number":"0001558370-23-018289","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2023-11-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Industries Q3 2023 revenue falls 22.3% to $29.9M; net income of $0.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $29.9M, down 22.3% YoY from $38.5M in Q3 2022.","Gross profit $7.8M, down 2.6% YoY; gross margin improved 530 bps to 26.2%.","Net income of $0.3M vs. net income of $0.1M in prior year; adjusted net income $0.4M.","Adjusted operating income of $0.6M for the quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":86284791.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":285089,"accession_number":"0001558370-23-014295","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2023-08-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Q2 2023 revenue falls 38.9% to $29.2M; gross margin expands 980 bps","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues of $29.2 million, down 38.9% year-over-year.","Gross profit $8.0 million, down 4.9% YoY; gross margin 27.4%, up 980 bps.","Net income of $0.1 million; adjusted net income also $0.1 million.","Adjusted operating income of $0.6 million."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":56352179.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":304924,"accession_number":"0001558370-23-010819","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2023-06-05T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"FGI Industries shareholders elect all five director nominees and ratify Marcum as auditor at 2023 AGM","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Directors David Bruce, John Chen, Todd Heysse, Kellie Zesch Weir, Jae Chung elected with >7.2M votes each and zero against.","Ratification of Marcum LLP as independent auditor for FY2023 approved with 8,011,716 for and 1,956 against.","Broker non-votes of approximately 788,732 on director elections; none on auditor ratification.","Annual General Meeting held June 1, 2023; all proposals carried."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":304923,"accession_number":"0001558370-23-009237","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2023-05-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Industries Q1 revenue down 37.7% to $27.2M; net loss of $0.3M; reiterates FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $27.2M, down 37.7% YoY; gross margin improved 925 bps to 26.5%.","GAAP net loss ($0.3M) or ($0.03)/diluted share; adjusted net loss ($0.2M) or ($0.02)/share.","Sanitaryware revenue $15.4M (down 42.5%), bath furniture $5.0M (down 50.5%), shower systems $5.0M (down 16.7%), other $1.8M (up 157%).","Cash $7.4M, total liquidity $22.5M; total debt $8.4M.","Reiterates FY2023 guidance: revenue $145M-$163M, adj. operating income $6.0M-$6.8M, adj. net income $4.2M-$4.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":27162266.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":342317,"accession_number":"0001104659-22-123720","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2022-12-01T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"FGI Industries subsidiary enters $18M credit facility with East West Bank, maturing 2024","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["FGI Industries' subsidiary entered an $18M asset-based line of credit with East West Bank, amending existing facility.","Borrowing options: Prime minus 0.25% or SOFR plus 2.20% p.a., subject to 4.50% minimum floor.","Facility matures December 21, 2024; secured by all subsidiary assets and guaranteed by parent and controlling shareholder Liang Chou Chen.","Restated credit agreement contains customary covenants, including debt-to-tangible net worth ratio, tangible net worth floor, fixed charge coverage ratio.","Default events include non-payment, material inaccuracy, covenant breach, bankruptcy, change of control."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":342316,"accession_number":"0001104659-22-105352","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2022-10-03T23:59:59+00:00","items":["1.02"],"status":"ready","headline":"FGI's exclusive distribution agreement with supplier Huida terminated by arbitration ruling","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Arbitrator ruled Co-Operation Agreement with Tangshan Huida Ceramic Group is terminable; exclusive rights ended.","No termination fees or penalties payable by FGI; the company paid certain arbitration fees of Huida.","Huida remains a supplier for sanitaryware; FGI will seek new agreement with limited duration, no guarantee of terms.","Agreement had granted FGI exclusive distribution in US/Canada for Huida-designed products and restricted Huida's ability to manufacture FGI's designs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396175,"accession_number":"0001104659-22-038748","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2022-03-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"FGI Industries Q4 revenue up 47% to $52.2M; operating income down 39.7% to $0.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $52.2M (+47% YoY) driven by Sanitaryware (+56.8%) and Bath Furniture (+20.3%); Other revenue up 71.7%.","Q4 GAAP net income $1.0M ($0.15 diluted EPS) vs $0.7M in prior year; adjusted net income $0.7M ($0.10 diluted).","FY2021 revenue $181.9M (+34.9%), operating income $7.7M (+23%), net income $7.9M (+67.1%).","FY2022 guidance: revenue $182-189M, operating income $6.5-7.5M, net income $5-6M; expects margin expansion in H2 2022.","Gross margin compressed to 14.5% (down from 20%) due to supply chain disruptions and inflation; pricing actions expected to offset."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396174,"accession_number":"0001104659-22-008316","cik":1864943,"company_name":"FGI Industries Ltd.","ticker":"FGI","form_type":"8-K","filed_at":"2022-01-27T23:59:59+00:00","items":["1.01","5.03","8.01","9.01"],"status":"ready","headline":"FGI Industries closes IPO of 2.5M units at $6.00; net proceeds ~$12.5M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["IPO of 2,500,000 units priced at $6.00/unit; each unit consists of one ordinary share and one warrant.","Ordinary shares and warrants trade separately on Nasdaq under 'FGI' and 'FGIWW' respectively.","Warrants immediately exercisable at $6.00/share for five years; underwriters exercised full option for 375,000 additional warrants.","Net proceeds estimated at $12.5M after underwriting discounts and offering expenses.","Underwriters: The Benchmark Company (lead) and Northland Capital Markets (joint book-runner)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":10235736.868512109,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}