FGI Industries Past Earnings Performance
Past criteria checks 1/6
FGI Industries's earnings have been declining at an average annual rate of -25.4%, while the Trade Distributors industry saw earnings growing at 23.5% annually. Revenues have been declining at an average rate of 5.9% per year. FGI Industries's return on equity is 2.4%, and it has net margins of 0.6%.
Key information
-25.4%
Earnings growth rate
-58.4%
EPS growth rate
| Trade Distributors Industry Growth | 23.4% |
| Revenue growth rate | -5.9% |
| Return on equity | 2.4% |
| Net Margin | 0.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For FGI Industries (NASDAQ:FGI)
Apr 16
Should You Think About Buying FGI Industries Ltd. (NASDAQ:FGI) Now?
Mar 16FGI Industries Ltd.'s (NASDAQ:FGI) Share Price Is Matching Sentiment Around Its Revenues
Jan 25FGI Industries Ltd. (NASDAQ:FGI) Analysts Just Slashed Next Year's Revenue Estimates By 19%
Nov 19Here's What Analysts Are Forecasting For FGI Industries Ltd. (NASDAQ:FGI) Following Its Earnings Miss
Nov 18FGI Industries Non-GAAP EPS of $0.10 in-line, revenue of $47.8M beats by $2.78M
Aug 10FGI Industries' (NASDAQ:FGI) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 21Revenue & Expenses BreakdownBeta
How FGI Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 117 | 1 | 28 | 1 |
| 30 Sep 23 | 118 | 1 | 27 | 1 |
| 30 Jun 23 | 127 | 2 | 26 | 1 |
| 31 Mar 23 | 145 | 3 | 26 | 1 |
| 31 Dec 22 | 162 | 4 | 25 | 1 |
| 30 Sep 22 | 182 | 4 | 26 | 1 |
| 30 Jun 22 | 194 | 4 | 26 | 1 |
| 31 Mar 22 | 189 | 5 | 25 | 1 |
| 31 Dec 21 | 182 | 8 | 24 | 1 |
| 30 Sep 21 | 165 | 8 | 23 | 1 |
| 30 Jun 21 | 150 | 8 | 22 | 1 |
| 31 Mar 21 | 139 | 7 | 21 | 1 |
| 31 Dec 20 | 135 | 5 | 21 | 1 |
| 31 Dec 19 | 126 | 2 | 22 | 1 |
Quality Earnings: FGI has high quality earnings.
Growing Profit Margin: FGI's current net profit margins (0.6%) are lower than last year (2.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FGI's earnings have declined by 25.4% per year over the past 5 years.
Accelerating Growth: FGI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FGI had negative earnings growth (-80.1%) over the past year, making it difficult to compare to the Trade Distributors industry average (3.3%).
Return on Equity
High ROE: FGI's Return on Equity (2.4%) is considered low.