FGI Q1 revenue $30.5M, -8.2% YoY; net loss $1.0M

FGI Industries Ltd.

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.

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.