---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-031097"
form_type: "8-K"
ticker: "FGNX"
cik: "0001591890"
company_name: "FG Nexus Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:16:54.331989+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FG Financial Q3 net income $9.8M ($1.05/diluted share), vs loss $5.4M a year ago

## Summary
- Net income attributable to common shareholders $9.8M, or $1.05 per diluted share, vs net loss $5.4M ($(1.08)) in Q3 2021.
- Net reinsurance premiums earned $4.4M, up from $1.1M YoY; no major catastrophe losses.
- Net investment income $11.2M, vs net investment loss $1.3M in Q3 2021.
- Launched merchant banking division, expanding strategy beyond reinsurance and SPACs.
- Paid 18th consecutive quarterly dividend on 8% Series A Preferred ($0.45M).

## SEC filing metadata
- accession: 0001493152-22-031097
- form_type: 8-K
- ticker: FGNX
- cik: 0001591890
- company_name: FG Nexus Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591890/000149315222031097/0001493152-22-031097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591890/000149315222031097/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-031097
- JSON: https://secwatch.observer/filing/0001493152-22-031097.json
- Plain text: https://secwatch.observer/filing/0001493152-22-031097.txt

## Key facts
- Earnings Releases
  FG Nexus Inc. reported third quarter ended September 30, 2022 results: net income $9.8 million, or $1.05 per fully diluted share, EPS $1.05 per fully diluted share.
  - Period: third quarter ended September 30, 2022
  - Net income: $9.8 million, or $1.05 per fully diluted share
  - EPS: $1.05 per fully diluted share
  - Result: reported results
  source text: Net income attributable to common shareholders for the third quarter of 2022 increased to $9.8 million, or $1.05 per fully diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1591890/000149315222031097/0001493152-22-031097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.