Fgi Industries LTD

FGI Industries Ltd. shareholders elected five directors and ratified the appointment of Marcum Asia CPAs LLP as independent auditor at the Annual General Meeting on June 3, 2026.

FGI Industries Ltd. announced its first quarter 2026 financial results, reporting an 8.2% year-over-year decrease in total revenue to $30.5 million, while maintaining gross margin at 26.8%.

FGI Industries Ltd. has dismissed CBIZ CPAs P.C. as its independent auditor and appointed Marcum Asia CPAs LLP as its new auditor for the fiscal year ending December 31, 2026.

FGI Industries announced fourth quarter and full-year 2025 financial results, showing a revenue decrease but improved gross margins.

FGI Industries Ltd. has entered into an Amended and Restated Business Loan Agreement, extending its credit facility with East West Bank to April 17, 2027, with a maximum borrowing amount of $18 million.

FGI Industries announced third quarter 2025 results, reporting a slight revenue decrease but improved gross and adjusted operating margins, while reiterating full-year guidance.

FGI Industries Ltd. reported a significant increase in net loss for the nine months ended September 30, 2025, alongside ongoing liquidity concerns and a debt covenant breach, despite revenue growth.

FGI Industries Ltd. reported a significant increase in net loss and operating loss for the first half of 2025, raising substantial doubt about its ability to continue as a going concern.

FGI Industries saw an increase in revenue for Q1 2025, but continues to experience net losses and faces challenges related to debt covenant compliance.

FGI Industries experienced a 20.6% increase in revenue year-over-year for the third quarter of 2024, but reported a net loss of $0.7 million.

FGI Industries experienced a slight revenue increase but a net loss in the second quarter of 2024, impacted by market conditions and strategic investments.

FGI Industries experienced a revenue increase in Q1 2024, but also reported a net loss and identified a material weakness in internal controls.

FGI Industries Ltd. reported a 1.0% decrease in revenue for fiscal year 2025, with a net loss of $7.1 million, while implementing strategic initiatives to improve liquidity and margins.

FGI Industries experienced a revenue increase of 12.4% in 2024, driven by growth in sanitaryware, shower systems, and custom kitchen cabinetry, but reported a net loss due to increased operating expenses and other factors.

FGI Industries Ltd. experienced a decrease in revenue for 2023, but saw improved gross margins due to strategic shifts and cost management.

Executive Chairman John Shu-Nan Chen reports changes in beneficial ownership of FGI Industries Ltd. common stock, including acquisition of restricted stock units and disposal of shares.

David E. Bruce, CEO of FGI Industries, acquired 37,037 restricted stock units on March 28, 2025, vesting annually over three years.

Robert Kermelewicz, Executive VP of FGI Industries, reports the acquisition of stock options.

Jennifer Earl, Executive VP of Canada at FGI Industries Ltd., reports the vesting of stock options related to a prior grant.

FGI Industries Ltd. has issued its 2026 proxy statement detailing the upcoming annual meeting, director elections, and auditor ratification.

FGI Industries Ltd. is holding its 2025 Annual Meeting of Shareholders on May 28, 2025, to elect directors, approve a reverse stock split, and ratify the selection of its independent auditor.

FGI Industries Ltd. will hold its 2024 Annual Meeting of Shareholders virtually on May 28, 2024, to elect directors and ratify the selection of its independent auditor.

First Wilshire Securities Management, Inc. has reported a complete divestment of its beneficial ownership in FGI Industries Ltd., now holding 0% of ordinary shares.

First Wilshire Securities Management, Inc. has filed an amended Schedule 13G, reporting a 7.8% beneficial ownership stake in FGI Industries Ltd. as of December 31, 2024.