FGI Industries Reports 5.5% Increase in Q2 2025 Revenue, Posts $1.2 Million Net Loss

Reuters
Aug 12
FGI Industries Reports 5.5% Increase in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue, Posts $1.2 Million Net Loss

FGI Industries Ltd. has reported its second-quarter 2025 financial results, highlighting a 5.5% increase in revenue to $31.0 million compared to the prior-year period. Sanitaryware revenue contributed $18.1 million, up from $17.3 million in the previous year. The company recorded a GAAP net loss attributable to shareholders of $1.2 million, or a net loss of $0.64 per diluted share, during the quarter versus a net income of $0.2 million in the same period last year. Excluding non-recurring items, the adjusted net loss for the second quarter of 2025 was $1.2 million, compared to an adjusted net income of $23,000 in the same quarter last year. FGI Industries Ltd. has reiterated its fiscal 2025 guidance, projecting total net revenue between $135 million and $145 million, with a total adjusted operating income ranging from a loss of $2.0 million to a gain of $1.5 million. The company also anticipates a total adjusted net income between a loss of $1.9 million and a gain of $1.0 million. As of June 30, 2025, FGI reported $2.5 million in cash and cash equivalents, with total debt amounting to $12.6 million. The company had $13.9 million available under its credit facilities, resulting in a total liquidity of $16.4 million. FGI emphasized its focus on internal investments to attract new customers, expand existing relationships, and develop new products and manufacturing capabilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FGI Industries Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY48792) on August 11, 2025, and is solely responsible for the information contained therein.

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