---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-040492"
form_type: "8-K"
ticker: "FGNX"
cik: "0001591890"
company_name: "FG Nexus Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:10:21.005876+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FG Financial Q3 net income $5.2M ($0.50 EPS); reinsurance premiums $4.2M

## Summary
- Net income attributable to common: $5.2M ($0.50 diluted EPS) vs $9.8M ($1.05) in Q3 2022.
- Net reinsurance premiums earned: $4.2M for Q3 2023 vs $4.4M in Q3 2022.
- Net investment income $7.0M, driven by gains from FG Merger Corp. business combination with iCoreConnect.
- Total shareholders' equity $42.7M at Sep 30, 2023, up from $37.3M at Dec 31, 2022.
- Paid 22nd consecutive quarterly dividend on Series A Preferred: $0.50 per share.

## SEC filing metadata
- accession: 0001493152-23-040492
- form_type: 8-K
- ticker: FGNX
- cik: 0001591890
- company_name: FG Nexus Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591890/000149315223040492/0001493152-23-040492-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591890/000149315223040492/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-040492
- JSON: https://secwatch.observer/filing/0001493152-23-040492.json
- Plain text: https://secwatch.observer/filing/0001493152-23-040492.txt

## Key facts
- Earnings Releases
  FG Nexus Inc. reported third quarter and nine months ended September 30, 2023 results: revenue $4.2 million, net income $5.2 million, EPS $0.50 per fully diluted share.
  - Period: third quarter and nine months ended September 30, 2023
  - Revenue: $4.2 million
  - Net income: $5.2 million
  - EPS: $0.50 per fully diluted share
  - Result: reported results
  source text: and Nine Months Financial Results and Highlights FG Financial Group’s 2023 third quarter and nine-month financial results included: ● Net reinsurance premiums earned were $4.2 million for the three months ended September 30, 2023 compared to $4.4 million in the third quarter of the prior year. Net reinsurance premiums for the nine months ended September 30,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1591890/000149315223040492/0001493152-23-040492-index.htm

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