---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-002373"
form_type: "8-K"
ticker: "FGNX"
cik: "0001591890"
company_name: "FG Nexus Inc."
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:40:53.331262+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fundamental Global reports FY 2024 net loss $2.6M, revenue $17.3M; multiple mergers closed

## Summary
- Net loss attributable to common shareholders $2.6M vs $14.1M in 2023; includes $21.8M gain on sale of Strong/MDI.
- Revenue from continuing operations $17.3M (+1.5% YoY); managed services revenue $32.0M (+20.7%).
- Net loss from continuing operations $22.9M vs $12.3M; per share loss $2.43 vs $35.22.
- Closed mergers with FG Group Holdings (Feb) and Strong Global Entertainment (Sep); sold Strong/MDI for ~$30M.
- Balance sheet: assets $109.5M, equity $74.2M, total debt $2.4M; agreement to sell reinsurance unit for $5.6M expected H1 2025.

## SEC filing metadata
- accession: 0001641172-25-002373
- form_type: 8-K
- ticker: FGNX
- cik: 0001591890
- company_name: FG Nexus Inc.
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591890/000164117225002373/0001641172-25-002373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591890/000164117225002373/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-002373
- JSON: https://secwatch.observer/filing/0001641172-25-002373.json
- Plain text: https://secwatch.observer/filing/0001641172-25-002373.txt

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