Flagship explainer

How FGI Industries Ltd. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$131M · 100%Cost of revenue$95.3M · 73%Gross profit$35.3M · 27%Operating income−$2.4M · −2%Income before tax−$4.3M · −3%Income tax$2.8M · 2%Net income−$6.1M · −5%As of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$131M100%
Cost of revenue$95.3M73%
$35.3M27%
−$2.4M−2%
Income before tax−$4.3M−3%
Income tax$2.8M2%
−$6.1M−5%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full FGI Industries Ltd. analysis at Buy Like Buffett