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FGI Industries FGI · USD

Industrials · US listing · 🇺🇸 United States

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7.50

+1.90%

Close of 9 Nov 2026, in USD

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About FGI Industries

From its filings with the US Securities and Exchange Commission

SEC filings

FGI Industries is based in East Hanover, New Jersey and is incorporated in Cayman Islands. Its shares trade on Nasdaq under the ticker FGI. The SEC classifies its business as heating equip, except elec & warm air; & plumbing fixtures. In the fiscal year to 31 December 2025, it reported revenue of $130.5m and a net loss of $6.1m. At that date it held total assets of $69.5m and shareholders' equity of $17.3m.

In its own words

FGI is a global, diversified and reputable supplier of quality bath and kitchen products. With over thirty years of experience, FGI has become a leading business to business supplier of bath and kitchen products to large retail, wholesale, commercial and specialty channel customers around the globe specializing in the home improvement and R&R (Repair & Remodel) markets. Some of our largest customers include The Home Depot, Menards, Ferguson and Lowe’s. Throughout our history, we have achieved consistent and above-industry sales growth each year by executing on our strategic objectives which include offering well-designed, high-quality products, providing service that surpasses our competition and exceeds our customers’ expectations, and managing an efficient and resilient global supply chain.

Both private label and FGI’s brands require significant marketing expenditures which we typically incur or share with our customers. We offer industry-leading brands including Foremost®, avenue, contrac®, Jetcoat®, rosenberg and Covered Bridge Cabinetry®. These brands have continued to grow and represent an increasing share of our total sales in recent years, while the majority of our products are sold under key customers’ private label brands, such as The Home Depot’s “Glacier Bay” brand and Ferguson’s “ProFlo” brand.

Quoted from its 10-K, filed 10 Apr 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Trading Companies & Distributors
Listed since
25 Jan 2022
Employees
145
Head office
906 MURRAY ROAD, EAST HANOVER, NJ, 07869
Incorporated in
E9
Classification
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
Filer status
<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. John ChenExecutive chairman of the Board, since 2021$580,394
  • Mr. David BruceChief Executive Officer, Director, since 2024$732,189
  • Mr. Perry LinChief Financial Officer$146,296
  • Ms. Jennifer EarlPresident of FGI North America, since 2025
  • Mr. Norman KroenkeExecutive Vice President - FGI Europe
  • Mr. Bob KermelewiczSales Director, since 2024$349,348
  • Ms. Anagha ApteIndependent Director$37,712
  • Mr. Todd HeysseIndependent Director$70,000
  • Ms. Kellie WeirIndependent Director$67,212
  • Mr. Jae ChungInvestor Relations, since 2024$28,154

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • FGI Industries Ltd. supplies kitchen and bath products for repair and remodeling activities.
  • The company offers a diverse product range including sanitaryware, bath furniture, and shower systems.
  • FGI has established brands like Contrac, COVERED BRIDGE CABINETRY, and CRAFT+MAIN.

Weaknesses

  • FGI Industries Ltd. has only 145 employees, which may limit operational capacity.
  • The company's IPO was on 25 January 2022, indicating a relatively new market presence.
  • FGI relies on numerous partners for sales, which could lead to dependency issues.

Opportunities

  • FGI Industries Ltd. can expand its product range to include more custom kitchen cabinetry options.
  • The growing demand for bathroom remodeling in the US market presents a significant opportunity.
  • FGI can leverage its brands to enter new distribution channels like online retailers.

Threats

  • FGI Industries Ltd. faces competition from established players in the kitchen and bath industry.
  • Economic downturns could reduce consumer spending on home remodeling projects.
  • The company's reliance on mass retail centers for sales might be affected by retail sector instability.

Sources and methodology

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