Company: FGI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001628280-25-052375
Chunk: 3

Company: FGI Industries Ltd.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 3
---
885)(73,305)20.1 Provision for income taxes1,879,599 267,537 1,612,062 602.6 Net loss(1,948,066)(698,248)(1,249,818)179.0 Net loss attributable to FGI Industries Ltd. shareholders(1,651,332)(550,137)(1,101,195)200.2 Adjusted income from operations(1)369,723 55,663 314,060 564.2 Adjusted operating margins (%)(1)1.0 0.2 80 bpsAdjusted net income (loss) attributable to FGI Industries Ltd. shareholders(1)$240,591 $(105,451)$346,042 (328.2)

For the Nine Months EndedSeptember 30,Change20252024AmountPercentageUSDUSDUSD%Revenue$100,059,669 $96,223,647 $3,836,022 4.0 Cost of revenue72,954,136 69,538,640 3,415,496 4.9 Gross profit27,105,533 26,685,007 420,526 1.6 Selling and distribution expenses19,433,477 18,676,665 756,812 4.1 General and administrative expenses8,330,435 7,542,019 788,416 10.5 Research and development expenses1,085,095 1,303,445 (218,350)(16.8)Loss from operations(1,743,474)(837,122)(906,352)108.3 Operating margins (%)(1.7)(0.9)(80)bpsTotal other expenses, net(1,459,121)(430,989)(1,028,132)238.6 provision for (benefit of) income taxes925,493 (8,589)934,082 (10875.3)Net loss(4,128,088)(1,259,522)(2,868,566)227.8 Net loss attributable to FGI Industries Ltd. shareholders(3,511,948)(798,761)(2,713,187)339.7 Adjusted loss from operations(1)(1,723,568)(472,655)(1,250,913)264.7 Adjusted operating margins (%)(