{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-038748","form_type":"8-K","ticker":"FGI","cik":"0001864943","company_name":"FGI Industries Ltd.","filed_at":"2022-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:08.924561+00:00","generated_at":"2026-06-26T16:39:42.704553+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FGI Industries Q4 revenue up 47% to $52.2M; operating income down 39.7% to $0.7M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-038748","json":"https://secwatch.observer/filing/0001104659-22-038748.json","markdown":"https://secwatch.observer/filing/0001104659-22-038748.md","text":"https://secwatch.observer/filing/0001104659-22-038748.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1864943/000110465922038748/0001104659-22-038748-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1864943/000110465922038748/tm2210606d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T16:39:42.704553+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}