FGI Industries Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. FGI Industries Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 28% to $117,241,604. Profit margin reached 1%. Total operating expenses were $29,772,839.

Profit Margin

FGI Industries Ltd. (NASDAQ:FGI): Profit margin
2019 126.28M 1.57M 1.24%
2020 134.82M 4.73M 3.51%
2021 181.94M 7.90M 4.35%
2022 161.71M 3.67M 2.28%
2023 117.24M 733.60K 0.63%

FGI Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
117.24M161.71M181.94M134.82M126.28M
Cost of revenue
85.16M130.20M149.74M106.42M100.84M
Gross profit
32.07M31.50M32.20M28.40M25.43M
Operating exp.
Research and development
1.37M1.05M646.06K814.25K703.77K
Selling and marketing
19.97M17.53M17.63M15.48M14.91M
Total operating expenses
29.77M26.41M24.47M22.12M22.97M
Operating income
2.30M5.09M7.72M6.28M2.46M
Other income (expenses), net
-916.65K-551.42K1.14M-776.92K-486.95K
Income before tax
1.38M4.54M8.86M5.50M1.97M
Income tax expense
808.22K860.63K961.63K774.44K404.00K
Net income
733.60K3.67M7.90M4.73M1.57M
Earnings per share
Basic EPS
0.070.390.830.50.17
Diluted EPS
0.070.390.830.50.17
Data sourceData sourceData source