FG Holdings Limited Class A Ordinary Shares(FGO)Earnings, Financials & Key Ratios
FGO•NASDAQ
$0.00
·Price updated Apr 24, 2026
AboutFG Holdings Limited, through its subsidiaries, provides financial services in Hong Kong. The company offers private credit and bank mortgage loan brokerage services, as well as consultancy services to assist its corporate customers to identify restructuring initiatives and explore financing options under the Fundergo name. The company offers a fintech marketplace that connects borrowers and lenders through a mortgage brokerage platform. It serves private credit lenders, banks, and corporate clients. The company was incorporated in 2019 and is based in Central, Hong Kong.Show more
- Revenue$21M+40.0%
- EBITDA$8M+15.6%
- Net Income$7M+17.1%
- EPS (Diluted)0.22+15.8%
- Gross Margin78.53%+4.1%
- EBITDA Margin37.74%-17.4%
- Operating Margin37.56%-17.4%
- Net Margin33.23%-16.4%
- ROE65.51%-54.0%
- ROIC95.72%-29.4%
- Debt/Equity0.54-53.0%
FGO Key Insights
FG Holdings Limited Class A Ordinary Shares (FGO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 44.0%
- ✓FCF machine: 24.8% free cash flow margin
- ✓Healthy 5Y average net margin of 20.6%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
FGO Price & Volume
FG Holdings Limited Class A Ordinary Shares (FGO) stock price & volume — 10-year historical chart
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FGO Growth Metrics
FG Holdings Limited Class A Ordinary Shares (FGO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
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Profit CAGR
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EPS CAGR
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Return on Capital
10 Years36.93%
5 Years36.93%
3 Years36.93%
Last Year73.76%
FGO Peer Comparison
FG Holdings Limited Class A Ordinary Shares (FGO) competitors in Risk, disputes and restructuring advisory — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 COHN | 85.43M | 13.92 | 3.20 | 249.63% | 15.1% | 4.37 | ||
 ITIC | 444.34M | 235.35 | 12.67 | 5.6% | 12.9% | 13.19% | 0.06 | |
 KFRC | 768.57M | 42.05 | 21.45 | -5.43% | 2.6% | 27.22% | 0.56 | |
 HIHO | 3.57M | 0.81 | 33.61 | 17.26% | -8.71% | -8.95% | 0.13 | |
 HRTG | 887.78M | 28.72 | 14.29 | 11.08% | 17.72% | 41.44% | 0.49 | |
 PLMR | 2.94B | 110.75 | 15.45 | 58.16% | 22.56% | 22.79% | 0.01 | |
 KFS | 304.01M | 10.62 | -24.70 | 19.96% | -8.83% | -43.79% | ||
 RNR | 13.06B | 302.63 | 5.34 | 9.45% | 26.93% | 16.59% | 0.12 |
Compare FGO vs Peers
FG Holdings Limited Class A Ordinary Shares (FGO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FGO Income Statement
FG Holdings Limited Class A Ordinary Shares (FGO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'22 | Jun'23 | Jun'24 | TTM |
|---|---|---|---|---|
| Sales/Revenue | 8.22M | 15.18M | 21.26M | - |
| Revenue Growth % | - | 84.62% | 40.03% | - |
| Cost of Goods Sold | 4.49M | 3.73M | 4.56M | - |
| COGS % of Revenue | 54.62% | 24.55% | 21.47% | - |
| Gross Profit | 3.73M▲ 0% | 11.45M▲ 207.0% | 16.69M▲ 45.8% | -▲ 0% |
| Gross Margin % | 45.38% | 75.45% | 78.53% | - |
| Gross Profit Growth % | - | 206.96% | 45.75% | - |
| Operating Expenses | 5.34M | 4.55M | 8.71M | - |
| OpEx % of Revenue | 64.88% | 29.96% | 40.98% | - |
| Selling, General & Admin | 4.82M | 4.21M | 8.29M | - |
| SG&A % of Revenue | 58.57% | 27.74% | 38.99% | - |
| Research & Development | 477.23K | 483.12K | 636.22K | - |
| R&D % of Revenue | 5.8% | 3.18% | 2.99% | - |
| Other Operating Expenses | 41.91K | -146.59K | -212.97K | - |
| Operating Income | -1.6M▲ 0% | 6.91M▲ 530.6% | 7.98M▲ 15.6% | -▲ 0% |
| Operating Margin % | -19.5% | 45.49% | 37.56% | - |
| Operating Income Growth % | - | 530.6% | 15.61% | - |
| EBITDA | -1.58M | 6.94M | 8.02M | - |
| EBITDA Margin % | -19.16% | 45.7% | 37.74% | - |
| EBITDA Growth % | - | 540.38% | 15.62% | - |
| D&A (Non-Cash Add-back) | 28.32K | 32.12K | 38.2K | - |
| EBIT | -1.2M | 6.99M | 7.7M | - |
| Net Interest Income | 127 | 25.67K | 201.39K | - |
| Interest Income | 127 | 25.67K | 201.39K | - |
| Interest Expense | 0 | 0 | 0 | - |
| Other Income/Expense | 481.88K | 223.36K | 645.79K | - |
| Pretax Income | -1.12M▲ 0% | 7.13M▲ 735.5% | 8.63M▲ 21.0% | -▲ 0% |
| Pretax Margin % | -13.64% | 46.96% | 40.6% | - |
| Income Tax | -197.41K | 1.09M | 1.57M | - |
| Effective Tax Rate % | 17.6% | 15.35% | 18.14% | - |
| Net Income | -924.48K▲ 0% | 6.03M▲ 752.8% | 7.06M▲ 17.1% | -▲ 0% |
| Net Margin % | -11.24% | 39.75% | 33.23% | - |
| Net Income Growth % | - | 752.75% | 17.06% | - |
| Net Income (Continuing) | -924.48K | 6.03M | 7.06M | - |
| Discontinued Operations | 0 | 0 | 0 | - |
| Minority Interest | 0 | 0 | 0 | - |
| EPS (Diluted) | -0.03▲ 0% | 0.19▲ 757.4% | 0.22▲ 15.8% | -▲ 0% |
| EPS Growth % | - | 757.44% | 15.79% | - |
| EPS (Basic) | -0.03 | 0.19 | 0.22 | - |
| Diluted Shares Outstanding | 32M | 32M | 32M | 32M |
| Basic Shares Outstanding | 32M | 32M | 32M | 32M |
| Dividend Payout Ratio | - | - | - | - |
FGO Balance Sheet
FG Holdings Limited Class A Ordinary Shares (FGO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'22 | Jun'23 | Jun'24 | TTM |
|---|---|---|---|---|
| Total Current Assets | 1.14M | 15.85M | 20.06M | - |
| Cash & Short-Term Investments | 697.23K | 8.84M | 16.21M | 16.21M |
| Cash Only | 697.23K | 8.84M | 16.21M | 16.21M |
| Short-Term Investments | 0 | 0 | 0 | - |
| Accounts Receivable | 189.64K | 6.75M | 3.66M | - |
| Days Sales Outstanding | 8.42 | 162.32 | 62.81 | - |
| Inventory | 0 | 0 | 0 | - |
| Days Inventory Outstanding | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | - |
| Total Non-Current Assets | 1.6M | 184.47K | 5M | - |
| Property, Plant & Equipment | 512.12K | 128.8K | 292.11K | - |
| Fixed Asset Turnover | 16.06x | 117.86x | 72.77x | - |
| Goodwill | 55.67K | 55.67K | 55.67K | - |
| Intangible Assets | 0 | 0 | 0 | - |
| Long-Term Investments | 0 | 0 | 0 | - |
| Other Non-Current Assets | 0 | 0 | 4.65M | - |
| Total Assets | 2.74M▲ 0% | 16.03M▲ 484.3% | 25.06M▲ 56.3% | 25.06M▲ 0% |
| Asset Turnover | 3.00x | 0.95x | 0.85x | - |
| Asset Growth % | - | 484.26% | 56.34% | - |
| Total Current Liabilities | 1.46M | 8.77M | 10.68M | - |
| Accounts Payable | 0 | 0 | 0 | - |
| Days Payables Outstanding | - | - | - | - |
| Short-Term Debt | 0 | 8.24M | 7.52M | - |
| Deferred Revenue (Current) | 0 | 25K | 0 | - |
| Other Current Liabilities | 45.88K | 74.63K | 54.69K | - |
| Current Ratio | 0.78x | 1.81x | 1.88x | 1.88x |
| Quick Ratio | 0.78x | 1.81x | 1.88x | 1.88x |
| Cash Conversion Cycle | - | - | - | - |
| Total Non-Current Liabilities | 71.87K | 10.16K | 71.83K | - |
| Long-Term Debt | 0 | 0 | 0 | - |
| Capital Lease Obligations | 56.83K | 0 | 53.69K | - |
| Deferred Tax Liabilities | 15.03K | 10.16K | 18.14K | - |
| Other Non-Current Liabilities | 0 | 0 | 0 | - |
| Total Liabilities | 1.53M | 8.78M | 10.75M | - |
| Total Debt | 409.49K | 8.3M | 7.7M | 7.7M |
| Net Debt | -287.73K | -539.6K | -8.51M | -8.51M |
| Debt / Equity | 0.34x | 1.14x | 0.54x | 0.54x |
| Debt / EBITDA | - | 1.20x | 0.96x | - |
| Net Debt / EBITDA | - | -0.08x | -1.06x | -1.06x |
| Interest Coverage | - | - | - | - |
| Total Equity | 1.22M▲ 0% | 7.25M▲ 496.3% | 14.31M▲ 97.4% | 14.31M▲ 0% |
| Equity Growth % | - | 496.3% | 97.43% | - |
| Book Value per Share | 0.04 | 0.23 | 0.45 | 0.45 |
| Total Shareholders' Equity | 1.22M | 7.25M | 14.31M | 14.31M |
| Common Stock | 6.01M | 6.01M | 6.01M | - |
| Retained Earnings | -4.79M | 1.24M | 8.31M | - |
| Treasury Stock | 0 | 0 | 0 | - |
| Accumulated OCI | 0 | 0 | 0 | - |
| Minority Interest | 0 | 0 | 0 | - |
FGO Cash Flow Statement
FG Holdings Limited Class A Ordinary Shares (FGO) cash flow — operating, investing & free cash flow history
| Line item | Jun'22 | Jun'23 | Jun'24 | TTM |
|---|---|---|---|---|
| Cash from Operations | -1.32M | 7.21M | 5.37M | 5.37M |
| Operating CF Margin % | -16.01% | 47.48% | 25.27% | - |
| Operating CF Growth % | - | 647.58% | -25.47% | - |
| Net Income | -924.48K | 6.03M | 7.06M | - |
| Depreciation & Amortization | 28.32K | 32.12K | 38.2K | - |
| Stock-Based Compensation | 0 | 0 | 0 | - |
| Deferred Taxes | 0 | 0 | 0 | - |
| Other Non-Cash Items | 13.6K | 60K | -607.11K | - |
| Working Capital Changes | -433.82K | 1.08M | -1.12M | - |
| Change in Receivables | 91.62K | -147.56K | -2.92M | - |
| Change in Inventory | 0 | 0 | 0 | - |
| Change in Payables | 0 | 0 | 0 | - |
| Cash from Investing | -913.49K | -11.53M | 699.55K | - |
| Capital Expenditures | -50.06K | 0 | -101.09K | - |
| CapEx % of Revenue | 0.61% | - | 0.48% | - |
| Acquisitions | 0 | 0 | 800.64K | - |
| Investments | - | - | - | - |
| Other Investing | -863.43K | -11.53M | 0 | - |
| Cash from Financing | 1.85M | 12.47M | 1.3M | - |
| Debt Issued (Net) | 0 | 8.24M | -722.48K | - |
| Equity Issued (Net) | 0 | 0 | 0 | - |
| Dividends Paid | 0 | 0 | 0 | - |
| Share Repurchases | 0 | 0 | 0 | - |
| Other Financing | 1.85M | 4.22M | 2.03M | - |
| Net Change in Cash | -379.87K▲ 0% | 8.14M▲ 2243.4% | 7.38M▼ 9.4% | -▲ 0% |
| Free Cash Flow | -1.37M▲ 0% | 7.21M▲ 627.5% | 5.27M▼ 26.9% | -▲ 0% |
| FCF Margin % | -16.62% | 47.48% | 24.8% | - |
| FCF Growth % | - | 627.52% | -26.88% | - |
| FCF per Share | -0.04 | 0.23 | 0.16 | 0.16 |
| FCF Conversion (FCF/Net Income) | 1.42x | 1.19x | 0.76x | - |
| Interest Paid | 0 | 238.7K | 286.24K | - |
| Taxes Paid | 0 | 0 | 82.5K | - |
FGO Key Ratios
FG Holdings Limited Class A Ordinary Shares (FGO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | TTM |
|---|---|---|---|
| Return on Equity (ROE) | 142.55% | 65.51% | - |
| Return on Invested Capital (ROIC) | 135.6% | 95.72% | 95.72% |
| Gross Margin | 75.45% | 78.53% | - |
| Net Margin | 39.75% | 33.23% | - |
| Debt / Equity | 1.14x | 0.54x | 0.54x |
| FCF Conversion | 1.19x | 0.76x | - |
| Revenue Growth | 84.62% | 40.03% | - |
FGO Frequently Asked Questions
FG Holdings Limited Class A Ordinary Shares (FGO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
FG Holdings Limited Class A Ordinary Shares (FGO) reported $21.3M in revenue for fiscal year 2023. This represents a 159% increase from $8.2M in 2021.
FG Holdings Limited Class A Ordinary Shares (FGO) grew revenue by 40.0% over the past year. This is strong growth.
Yes, FG Holdings Limited Class A Ordinary Shares (FGO) is profitable, generating $7.1M in net income for fiscal year 2023 (33.2% net margin).
Dividend & Returns
FG Holdings Limited Class A Ordinary Shares (FGO) has a return on equity (ROE) of 65.5%. This is excellent, indicating efficient use of shareholder capital.
FG Holdings Limited Class A Ordinary Shares (FGO) generated $5.3M in free cash flow for fiscal year 2023. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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FG Holdings Limited Class A Ordinary Shares (FGO) financial analysis — history, returns, DCA and operating performance tools
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