FG Nexus Inc.

NasdaqGM:FGNX Stock Report

Market Cap: US$39.1m

FG Nexus Management

Management criteria checks 1/4

FG Nexus' CEO is Daniel Cerminara, appointed in Feb 2024, has a tenure of 2.33 years. directly owns 1.39% of the company’s shares, worth $544.41K. The average tenure of the management team and the board of directors is 2.3 years and 2.3 years respectively.

Key information

Daniel Cerminara

Chief executive officer

US$1.4m

Total compensation

CEO salary percentagen/a
CEO tenure2.3yrs
CEO ownership1.4%
Management average tenure2.3yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

Analysis Article • Feb 04

FG Nexus Inc. (NASDAQ:FGNX) Stocks Pounded By 30% But Not Lagging Industry On Growth Or Pricing

FG Nexus Inc. ( NASDAQ:FGNX ) shareholders that were waiting for something to happen have been dealt a blow with a 30...
Seeking Alpha • Dec 30

FG Nexus: The Discount To NAV Threatens Ethereum Treasury Model And Preferreds

Summary FG Nexus has dipped to now trade at a discount to its NAV per share of around 20% and holds 40,095 ETH in its treasury. This has limited the ability of the company to tap its equity to expand its ETH holdings, with management forced to sell nearly 11,000 ETH to fund share buybacks. The buy-backs have since lost value, total debt has gone up, as payments on the preferreds and cash burn look set to further slim a cash profile in flux. Read the full article on Seeking Alpha
Analysis Article • Nov 27

Analysts Just Slashed Their FG Nexus Inc. (NASDAQ:FGNX) Earnings Forecasts

Today is shaping up negative for FG Nexus Inc. ( NASDAQ:FGNX ) shareholders, with the analysts delivering a substantial...
Analysis Article • Nov 05

FG Nexus Inc. (NASDAQ:FGNX) Shares Slammed 42% But Getting In Cheap Might Be Difficult Regardless

Unfortunately for some shareholders, the FG Nexus Inc. ( NASDAQ:FGNX ) share price has dived 42% in the last thirty...
Analysis Article • Jul 22

Revenues Not Telling The Story For Fundamental Global Inc. (NASDAQ:FGF) After Shares Rise 58%

Despite an already strong run, Fundamental Global Inc. ( NASDAQ:FGF ) shares have been powering on, with a gain of 58...
Analysis Article • Aug 26

Fundamental Global Inc. (NASDAQ:FGF) Could Be Riskier Than It Looks

There wouldn't be many who think Fundamental Global Inc.'s ( NASDAQ:FGF ) price-to-sales (or "P/S") ratio of 0.9x is...
Analysis Article • Mar 09

Is Fundamental Global (NASDAQ:FGF) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

CEO Compensation Analysis

How has Daniel Cerminara's remuneration changed compared to FG Nexus's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$101m

Dec 31 2025US$1mn/a

-US$69m

Sep 30 2025n/an/a

-US$15m

Jun 30 2025n/an/a

-US$18m

Mar 31 2025n/an/a

-US$29m

Dec 31 2024US$634kn/a

-US$26m

Sep 30 2024n/an/a

-US$16m

Jun 30 2024n/an/a

-US$14m

Mar 31 2024n/an/a

-US$12m

Dec 31 2023US$539kn/a

-US$12m

Sep 30 2023n/an/a

-US$13m

Jun 30 2023n/an/a

-US$12m

Mar 31 2023n/an/a

-US$11m

Dec 31 2022US$115kn/a

-US$7m

Sep 30 2022n/an/a

-US$9m

Jun 30 2022n/an/a

US$238k

Mar 31 2022n/an/a

US$5m

Dec 31 2021US$115kn/a

US$3m

Sep 30 2021n/an/a

US$576k

Jun 30 2021n/an/a

-US$7m

Mar 31 2021n/an/a

-US$10m

Dec 31 2020US$325kUS$70k

-US$8m

Sep 30 2020n/an/a

-US$7m

Jun 30 2020n/an/a

-US$9m

Mar 31 2020n/an/a

-US$6m

Dec 31 2019US$491kUS$225k

-US$9m

Compensation vs Market: Daniel's total compensation ($USD1.40M) is above average for companies of similar size in the US market ($USD641.77K).

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

CEO

Daniel Cerminara (49 yo)

2.3yrs
Tenure
US$1,398,739
Compensation

Mr. Daniel Kyle Cerminara, CFA, is Director of Saltire Capital Ltd. from October 25, 2021. He is Co-Founder, Chairman of the Board & CEO of FG Nexus Inc. from 2025.Mr. Cerminara was Non-Executive Chairman...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Cerminara
Co-Founder2.3yrsUS$1.40m1.39%
$ 544.4k
Mark Roberson
Chief Financial Officer2.3yrsUS$586.32k0.13%
$ 52.6k
Todd Major
Chief Accounting Officer1.8yrsUS$509.43k0.020%
$ 8.0k
Larry Swets
Chief Executive Officer of Merchant Banking2.3yrsUS$1.38m0.11%
$ 44.4k
Maja Vujinovic
CEO of Digital Assets & Directorno dataUS$1.38m0%
$ 0
Joseph Moglia
Co-Founder & Executive Advisorno datano data6.35%
$ 2.5m
Theodore Rosenthal
President of Digital Assetsno datano datano data
2.3yrs
Average Tenure
51.5yo
Average Age

Experienced Management: FGNX's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Daniel Cerminara
Co-Founder9.5yrsUS$1.40m1.39%
$ 544.4k
Maja Vujinovic
CEO of Digital Assets & Directorless than a yearUS$1.38m0%
$ 0
José Vargas
Directorless than a yearno data0.26%
$ 100.0k
Scott Wollney
Lead Independent Director11.3yrsUS$116.99k0.089%
$ 35.0k
Michael Mitchell
Independent Director2.3yrsUS$106.99k0.098%
$ 38.4k
Robert Roschman
Independent Director2.3yrsUS$101.99k0.093%
$ 36.3k
Ndamukong Suh
Independent Director2.3yrsUS$101.99k0.082%
$ 32.1k
Rita Hayes
Independent Director7.4yrsUS$103.99k0.25%
$ 96.5k
Richard Govignon
Independent Director4.5yrsUS$104.99k0.25%
$ 97.5k
2.3yrs
Average Tenure
49yo
Average Age

Experienced Board: FGNX's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 03:04
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

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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

FG Nexus Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fedor ShabalinB. Riley Securities, Inc.
Robert EvansCraig-Hallum Capital Group LLC
Aaron SyvertsenSidoti & Company, LLC