FGI Industries Ltd.

NasdaqCM:FGI Stock Report

Market Cap: US$11.4m

FGI Industries Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Dave Bruce

Chief executive officer

US$789.6k

Total compensation

CEO salary percentage39.89%
CEO tenure5.4yrs
CEO ownership0.3%
Management average tenure1.4yrs
Board average tenure5.4yrs

Recent management updates

Recent updates

Analysis Article Nov 29

Is FGI Industries (NASDAQ:FGI) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 29

FGI Industries Ltd. (NASDAQ:FGI) Stock Catapults 38% Though Its Price And Business Still Lag The Industry

Despite an already strong run, FGI Industries Ltd. ( NASDAQ:FGI ) shares have been powering on, with a gain of 38% in...
Analysis Article Sep 17

FGI Industries Ltd. (NASDAQ:FGI) Shares Fly 153% But Investors Aren't Buying For Growth

The FGI Industries Ltd. ( NASDAQ:FGI ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Jul 11

Health Check: How Prudently Does FGI Industries (NASDAQ:FGI) Use Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 20

FGI Industries (NASDAQ:FGI) Is Reinvesting At Lower Rates Of Return

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
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New Narrative Nov 24

Geographic Expansion And AI Innovation Poised To Fuel Exciting Revenue Growth And Market Leadership

Geographic expansion and strategic investments are set to drive significant revenue growth and improve profitability by optimizing product offerings and market penetration.
Analysis Article Nov 12

The Returns On Capital At FGI Industries (NASDAQ:FGI) Don't Inspire Confidence

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Oct 15

Is Now An Opportune Moment To Examine FGI Industries Ltd. (NASDAQ:FGI)?

While FGI Industries Ltd. ( NASDAQ:FGI ) might not have the largest market cap around , it received a lot of attention...
Analysis Article Sep 17

Is FGI Industries Ltd. (NASDAQ:FGI) Trading At A 29% Discount?

Key Insights FGI Industries' estimated fair value is US$1.20 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Aug 12

Capital Allocation Trends At FGI Industries (NASDAQ:FGI) Aren't Ideal

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article Jun 28

Is Now The Time To Look At Buying FGI Industries Ltd. (NASDAQ:FGI)?

While FGI Industries Ltd. ( NASDAQ:FGI ) might not have the largest market cap around , it received a lot of attention...
Analysis Article May 23

Estimating The Intrinsic Value Of FGI Industries Ltd. (NASDAQ:FGI)

Key Insights Using the 2 Stage Free Cash Flow to Equity, FGI Industries fair value estimate is US$1.06 With US$1.15...
Analysis Article Apr 16

Returns On Capital Signal Tricky Times Ahead For FGI Industries (NASDAQ:FGI)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article Mar 16

Should You Think About Buying FGI Industries Ltd. (NASDAQ:FGI) Now?

FGI Industries Ltd. ( NASDAQ:FGI ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Jan 25

FGI Industries Ltd.'s (NASDAQ:FGI) Share Price Is Matching Sentiment Around Its Revenues

With a price-to-sales (or "P/S") ratio of 0.1x FGI Industries Ltd. ( NASDAQ:FGI ) may be sending bullish signals at the...
Analysis Article Nov 19

FGI Industries Ltd. (NASDAQ:FGI) Analysts Just Slashed Next Year's Revenue Estimates By 19%

Today is shaping up negative for FGI Industries Ltd. ( NASDAQ:FGI ) shareholders, with the analysts delivering a...
Analysis Article Nov 18

Here's What Analysts Are Forecasting For FGI Industries Ltd. (NASDAQ:FGI) Following Its Earnings Miss

It's shaping up to be a tough period for FGI Industries Ltd. ( NASDAQ:FGI ), which a week ago released some...
Seeking Alpha Aug 10

FGI Industries Non-GAAP EPS of $0.10 in-line, revenue of $47.8M beats by $2.78M

FGI Industries press release (NASDAQ:FGI): Q2 Non-GAAP EPS of $0.10 in-line. Revenue of $47.8M beats by $2.78M. The outlook for FGI's business and the long-term trends in the repair and remodel markets remains strong. The Company reiterates its fiscal 2022 guidance as follows: Total Revenue of between $182 million and $189 million Total Operating Income of between $6.5 million and $7.5 million Total Net Income of $5.0 million to $6.0 million
Analysis Article May 21

FGI Industries' (NASDAQ:FGI) Sluggish Earnings Might Be Just The Beginning Of Its Problems

FGI Industries Ltd.'s ( NASDAQ:FGI ) recent weak earnings report didn't cause a big stock movement. We think that...

CEO Compensation Analysis

How has Dave Bruce's remuneration changed compared to FGI Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$6m

Dec 31 2025US$790kUS$315k

-US$6m

Sep 30 2025n/an/a

-US$4m

Jun 30 2025n/an/a

-US$3m

Mar 31 2025n/an/a

-US$1m

Dec 31 2024US$732kUS$312k

-US$1m

Sep 30 2024n/an/a

-US$260k

Jun 30 2024n/an/a

US$700k

Mar 31 2024n/an/a

US$625k

Dec 31 2023US$553kUS$300k

US$734k

Sep 30 2023n/an/a

US$902k

Jun 30 2023n/an/a

US$2m

Mar 31 2023n/an/a

US$3m

Dec 31 2022US$717kUS$300k

US$4m

Sep 30 2022n/an/a

US$4m

Jun 30 2022n/an/a

US$4m

Mar 31 2022n/an/a

US$5m

Dec 31 2021US$347kUS$238k

US$8m

Sep 30 2021n/an/a

US$8m

Jun 30 2021n/an/a

US$8m

Mar 31 2021n/an/a

US$7m

Dec 31 2020US$275kUS$238k

US$5m

Compensation vs Market: Dave's total compensation ($USD789.55K) is about average for companies of similar size in the US market ($USD641.77K).

Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.


CEO

Dave Bruce (60 yo)

5.4yrs
Tenure
US$789,553
Compensation

Mr. David Bruce is the Chief Executive Officer and Director of FGI Industries ltd since 2021 and also serves as its President until April 2025. Prior to his election, Mr. Bruce served as the Executive Vice...


Leadership Team

NamePositionTenureCompensationOwnership
John Chen
Executive Chairman5.4yrsUS$610.37k0.28%
$ 31.8k
David Bruce
CEO & Directorno dataUS$789.55k0.34%
$ 39.2k
Jae Chung
Chief Financial Officerless than a yearUS$328.77kno data
Robert Kermelewicz
Sales Director1.5yrsUS$349.35k0.25%
$ 28.8k
Jennifer Earl
President of FGI North America1.4yrsno datano data
Norman Kroenke
Executive Vice President of FGI Europeno datano datano data
1.4yrs
Average Tenure
59yo
Average Age

Experienced Management: FGI's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
John Chen
Executive Chairman5.4yrsUS$610.37k0.28%
$ 31.8k
David Bruce
CEO & Director5.4yrsUS$789.55k0.34%
$ 39.2k
Todd Heysse
Independent Non-Employee Director5.4yrsUS$70.00k0.87%
$ 100.0k
Kellie Weir
Independent Non-Employee Director5.4yrsUS$68.00kno data
Anagha Sreenivasan
Independent Director2.2yrsUS$65.00kno data
5.4yrs
Average Tenure
48yo
Average Age

Experienced Board: FGI's board of directors are considered experienced (5.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 01:18
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

FGI Industries Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Reuben GarnerBenchmark Company
Gregory GibasNorthland Capital Markets