FGI Industries .(FGI)
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FGI Industries .(FGI) - 2023 Q1 - Quarterly Report
2023-05-15 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41207 FGI Industries Ltd. (Exact name of registrant as specified in its charter) Cayman Islands 98-1603252 (State or other jur ...
FGI Industries .(FGI) - 2023 Q1 - Earnings Call Transcript
2023-05-14 16:13
FGI Industries Ltd. (NASDAQ:FGI) Q1 2023 Earnings Conference Call May 11, 2023 8:00 AM ET Company Participants Paul Bartolai - Managing Director, Vallum Capital Advisors David Bruce - President and Chief Executive Officer Perry Lin - Chief Financial Officer Conference Call Participants Greg Gibas - Northland Securities, Inc. Operator Good morning and welcome to the FGI Industries, Inc., First Quarter 2023 Earnings Call. All participants will be in listen only-mode. [Operator Instructions] After today’s pres ...
FGI Industries .(FGI) - 2022 Q4 - Annual Report
2023-04-17 00:00
总体财务表现 - 2022年,公司总收入为161,718,543美元,较2021年下降11.1%[152] - 2022年,公司总毛利为31,509,005美元,较上一年下降2.2%[156] - 2022年,公司毛利率为19.5%,较上一年提高180个基点[157] - 净收入在2022年减少了4.2百万美元,降至3.7百万美元[162] 销售情况 - 2022年,卫浴家具销售额下降46.5%,为29,519,728美元[154] - 2022年,淋浴系统销售额增长12.9%,为21,586,888美元[154] 费用情况 - 公司销售和分销费用在2022年下降0.6%,为17,533,028美元[159] - 公司总部和行政费用在2022年增长26.4%,为7,830,023美元[159] - 公司研发费用在2022年增长63.1%,为1,053,976美元[159] 现金流及贷款情况 - 截至2022年12月31日,现金及现金等价物为1010万美元,工作资本为1610万美元[163] - FGI Industries与东西银行签订的信贷协议,最大借款额为1800万美元,截至2022年12月31日,未偿还贷款余额为979.5万美元[164] - FGI Canada Ltd.与加拿大汇丰银行签订的信贷协议,截至2022年12月31日,未使用信贷额度[167] 现金流分析 - 2022年,经营活动净现金流为98.0万美元,较2021年的-321.7万美元有所改善[169] - 2022年,投资活动净现金流为-106.4万美元,主要是由于购买固定资产和设备的增加[172] - 2022年,融资活动净现金流为700.6万美元,主要代表IPO发行单位的净收益1240万美元[173] 会计政策 - 公司资产和负债以当日汇率转换[179] - 货币翻译和交易会导致外汇损益[179] - 应收账款考虑历史收款经验和客户信用情况[181] - 存货按成本或净现值较低价值计量[182] - 固定资产按成本减累计折旧和减值计提[183] - 租赁合同确定为租赁时,租赁费用按直线法确认[184] - 公司股票期权按照公允价值确认[189] - 未来税收根据资产负债和税基差异确认递延税[192] - 最近发布的会计准则要求更及时确认信用损失[196] 调整后的财务表现 - 调整后的运营收入为5,693,972美元,较上一年的7,840,630美元有所下降[199] - 调整后的运营利润率为3.5%,较上一年的4.3%有所下降[199] - 调整后的净收入为4,281,914美元,较上一年的6,340,916美元有所下降[199]
FGI Industries .(FGI) - 2022 Q4 - Earnings Call Transcript
2023-03-29 03:18
FGI Industries Ltd. (NASDAQ:FGI) Q4 2022 Earnings Conference Call March 28, 2023 8:00 AM ET Company Participants Paul Bartolai - Investor Relations David Bruce - President & Chief Executive Officer Perry Lin - Chief Financial Officer Conference Call Participants Reuben Garner - The Benchmark Company Greg Gibas - Northland Securities Operator Good morning and welcome to the FGI Industries, Inc. Fourth Quarter 2022 Earnings Call. [Operator Instructions] Please note this event is being recorded. I would now li ...
FGI Industries .(FGI) - 2022 Q3 - Earnings Call Transcript
2022-11-14 14:47
FGI Industries Ltd. (NASDAQ:FGI) Q3 2022 Earnings Conference Call November 10, 2022 8:00 AM ET Company Participants Paul Bartolai - Investor Relations David Bruce - President and Chief Executive Officer Perry Lin - Chief Financial Officer Conference Call Participants Reuben Gardner - Benchmark Greg Gibas - Northland Securities Operator Good morning and welcome to FGI IndustriesÂ' Third Quarter 2022 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Mr. Paul Bar ...
FGI Industries .(FGI) - 2022 Q2 - Earnings Call Presentation
2022-08-14 15:00
t 10 10 1 TRE III fix th III l t U and and (@@ l t 伊 and t FGI 115 Fire l I I ] I 2008 37 ( [■ R 8 Lucke D DISCLAIMER Certain matters discussed in this presentation contains forward-looking statements concerning our business, operations and financial performance and conditions, as well as our plans, objectives and expectations for our business operations and financial performance and condition. These statements may be preceded by, followed by or include the words "may," "expect," "will," "will likely result ...
FGI Industries .(FGI) - 2022 Q2 - Earnings Call Transcript
2022-08-14 15:00
FGI Industries Ltd. (NASDAQ:FGI) Q2 2022 Earnings Conference Call August 11, 2022 8:00 AM ET Company Participants Paul Bartolai - Managing Director David Bruce - President and CEO Perry Lin - Chief Financial Officer Conference Call Participants Reuben Gardner - Benchmark Greg Gibas - Northland Securities Operator Thank you for standing by. This is the conference operator. Welcome to the FGI Second Quarter 2022 Earnings Call. As a reminder, all participants are in listen-only mode and the conference is being ...
FGI Industries .(FGI) - 2022 Q1 - Earnings Call Presentation
2022-05-17 18:50
TRE ITT ric ga VIII III u il h (@@ 1 伊 s 195 @ FGI the Price a I I ] I 2008 37 ( [■ R 8 t and D DISCLAIMER Certain matters discussed in this presentation contains forward-looking statements concerning our business, operations and financial performance and conditions, as well as our plans, objectives and expectations for our business operations and financial performance and condition. These statements may be preceded by, followed by or include the words "may," "expect," "will," "will likely result," "should, ...
FGI Industries .(FGI) - 2022 Q1 - Earnings Call Transcript
2022-05-15 23:35
FGI Industries Ltd. (NASDAQ:FGI) Q1 2022 Results Earnings Conference Call May 12, 2022 8:00 AM ET Company Participants Paul Bartolai - Investor Relations David Bruce - President and Chief Executive Officer Perry Lin - Chief Financial Officer Conference Call Participants Reuben Gardner - The Benchmark Co. Greg Gibas - Northland Securities Operator Greetings. Welcome to the FGI First Quarter 2022 Earnings Call. At this time, all participants are in a listenonly mode. A question-and-answer session will follow ...