Company: FGI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001628280-25-052375
Chunk: 182

Company: FGI Industries Ltd.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 182
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 other revenue increased by 48.1% to $10.1 million from $6.8 million for the same period of 2024. Other revenue for the three months ended September 30, 2025 was $3.3 million, essentially consistent with the prior-year period.  The increase was primarily driven by volume growth resulting from continued strength in sales of the Covered Bridge custom-kitchen cabinetry businesses.

34

Revenue Categories by Geographic Location

We derive our revenue primarily from the United States, Canada and Europe. Revenue categories by geographic location are summarized as follows:

For the Three Months Ended September 30,Change2025Percentage2024PercentagePercentageUSD%USD%%United States$22,493,458 62.7 $22,195,976 61.5 1.3 Canada9,120,195 25.4 9,916,907 27.5 (8.0)Europe3,666,761 10.2 3,418,826 9.5 7.3 Rest of World568,447 1.7 567,470 1.5 0.2 Total$35,848,861 100.0 $36,099,179 100.0 (0.7)

For the Nine Months Ended September 30,Change2025Percentage2024PercentagePercentageUSD%USD%%United States$61,632,691 61.6 $59,833,465 62.2 3.0 Canada26,072,809 26.1 26,391,317 27.4 (1.2)Europe10,407,865 10.4 9,273,872 9.6 12.2 Rest of World1,946,304 1.9 724,993 0.8 168.5 Total$100,059,669 100.0 $96,223,647 100.0 4.0 

We consistently generated the majority of our revenue in the United States market, which amounted to $22.5 million  and $22.2 million for the three months ended September 30, 2025 and September 30, 2024, respectively. For the nine months ended September 30, 2025, however, revenue from United States market increased by 3.0% to $61.6 million, compared to $59.