---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-011377"
form_type: "8-K"
ticker: "FGI"
cik: "0001864943"
company_name: "FGI Industries Ltd."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:54:15.639166+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FGI Q2 revenue flat at $29.4M, gross margin up 310bps, but posts operating loss

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-011377
- form_type: 8-K
- ticker: FGI
- cik: 0001864943
- company_name: FGI Industries Ltd.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1864943/000155837024011377/0001558370-24-011377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1864943/000155837024011377/fgi-20240807x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-011377
- JSON: https://secwatch.observer/filing/0001558370-24-011377.json
- Plain text: https://secwatch.observer/filing/0001558370-24-011377.txt

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