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Side-by-side financial comparison of Better Home & Finance Holding Co (BETR) and FGI Industries Ltd. (FGI). Click either name above to swap in a different company.
Better Home & Finance Holding Co is the larger business by last-quarter revenue ($44.3M vs $30.5M, roughly 1.5× FGI Industries Ltd.). FGI Industries Ltd. runs the higher net margin — -8.6% vs -3349.0%, a 3340.4% gap on every dollar of revenue. On growth, Better Home & Finance Holding Co posted the faster year-over-year revenue change (77.4% vs -14.4%). FGI Industries Ltd. produced more free cash flow last quarter ($2.3M vs $-167.8M). Over the past eight quarters, Better Home & Finance Holding Co's revenue compounded faster (41.1% CAGR vs -0.5%).
Bajaj Finance Limited (BFL) is an Indian deposit-taking non-banking financial company (NBFC-UL) headquartered in Pune. It has 110.64 million customers and holds assets under management worth ₹462,250 crore (US$55 billion), as of September 2025.
FGI Industries Ltd is a global designer, manufacturer and distributor of kitchen and bath products, home organization solutions, and home improvement goods. It serves major retail chains, home specialty stores and e-commerce platforms across North America, Europe and the Asia-Pacific region.
BETR vs FGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.3M | $30.5M |
| Net Profit | $-39.9M | $-2.6M |
| Gross Margin | — | 26.7% |
| Operating Margin | -3376.8% | -2.2% |
| Net Margin | -3349.0% | -8.6% |
| Revenue YoY | 77.4% | -14.4% |
| Net Profit YoY | 32.6% | -553.1% |
| EPS (diluted) | $-2.52 | $-1.63 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $44.3M | $30.5M | ||
| Q3 25 | $43.9M | $35.8M | ||
| Q2 25 | $44.1M | $31.0M | ||
| Q1 25 | $32.6M | $33.2M | ||
| Q4 24 | $25.0M | $35.6M | ||
| Q3 24 | $29.0M | $36.1M | ||
| Q2 24 | $32.3M | $29.4M | ||
| Q1 24 | $22.3M | $30.8M |
| Q4 25 | $-39.9M | $-2.6M | ||
| Q3 25 | $-39.1M | $-1.7M | ||
| Q2 25 | $-36.3M | $-1.2M | ||
| Q1 25 | $-50.6M | $-629.1K | ||
| Q4 24 | $-59.2M | $-402.3K | ||
| Q3 24 | $-54.2M | $-550.1K | ||
| Q2 24 | $-41.4M | $163.6K | ||
| Q1 24 | $-51.5M | $-412.2K |
| Q4 25 | — | 26.7% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 28.1% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 30.5% | ||
| Q1 24 | — | 27.4% |
| Q4 25 | -3376.8% | -2.2% | ||
| Q3 25 | -88.9% | 1.0% | ||
| Q2 25 | -81.9% | -2.7% | ||
| Q1 25 | -154.9% | -3.9% | ||
| Q4 24 | -1428.3% | -3.5% | ||
| Q3 24 | -186.5% | -0.2% | ||
| Q2 24 | -127.6% | -1.5% | ||
| Q1 24 | -230.8% | -1.0% |
| Q4 25 | -3349.0% | -8.6% | ||
| Q3 25 | -89.2% | -4.6% | ||
| Q2 25 | -82.2% | -4.0% | ||
| Q1 25 | -155.3% | -1.9% | ||
| Q4 24 | -1437.5% | -1.1% | ||
| Q3 24 | -187.0% | -1.5% | ||
| Q2 24 | -128.2% | 0.6% | ||
| Q1 24 | -231.4% | -1.3% |
| Q4 25 | $-2.52 | $-1.63 | ||
| Q3 25 | $-2.56 | $-0.86 | ||
| Q2 25 | $-2.39 | $-0.64 | ||
| Q1 25 | $-3.33 | $-0.07 | ||
| Q4 24 | $-3.92 | $-0.38 | ||
| Q3 24 | $-3.58 | $-0.29 | ||
| Q2 24 | $-2.74 | $0.08 | ||
| Q1 24 | $-3.41 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $203.4M | $1.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $37.2M | $17.3M |
| Total Assets | $1.5B | $69.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $203.4M | $1.9M | ||
| Q3 25 | $205.8M | $1.9M | ||
| Q2 25 | $221.5M | $2.5M | ||
| Q1 25 | $228.0M | $1.2M | ||
| Q4 24 | $264.9M | $4.6M | ||
| Q3 24 | $262.1M | $3.0M | ||
| Q2 24 | $378.8M | $1.3M | ||
| Q1 24 | $482.6M | $3.3M |
| Q4 25 | $37.2M | $17.3M | ||
| Q3 25 | $41.9M | $19.7M | ||
| Q2 25 | $76.6M | $21.3M | ||
| Q1 25 | $-102.1M | $21.8M | ||
| Q4 24 | $-58.2M | $22.3M | ||
| Q3 24 | $388.0K | $23.5M | ||
| Q2 24 | $44.9M | $23.8M | ||
| Q1 24 | $76.3M | $23.9M |
| Q4 25 | $1.5B | $69.5M | ||
| Q3 25 | $1.4B | $73.0M | ||
| Q2 25 | $1.2B | $71.7M | ||
| Q1 25 | $1.0B | $68.5M | ||
| Q4 24 | $913.1M | $75.5M | ||
| Q3 24 | $845.2M | $74.7M | ||
| Q2 24 | $957.9M | $69.9M | ||
| Q1 24 | $841.6M | $68.6M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-166.6M | $2.3M |
| Free Cash FlowOCF − Capex | $-167.8M | $2.3M |
| FCF MarginFCF / Revenue | -378.6% | 7.5% |
| Capex IntensityCapex / Revenue | 2.7% | 0.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-277.9M | $-212.5K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-166.6M | $2.3M | ||
| Q3 25 | $4.2M | $-1.9M | ||
| Q2 25 | $-56.3M | $7.6M | ||
| Q1 25 | $-57.2M | $-7.4M | ||
| Q4 24 | $-380.0M | $617.4K | ||
| Q3 24 | $-10.6M | $-915.0K | ||
| Q2 24 | $-220.6M | $862.1K | ||
| Q1 24 | $-42.8M | $-8.0M |
| Q4 25 | $-167.8M | $2.3M | ||
| Q3 25 | $4.0M | $-2.1M | ||
| Q2 25 | $-56.7M | $7.4M | ||
| Q1 25 | $-57.4M | $-7.7M | ||
| Q4 24 | $-383.4M | $-214.1K | ||
| Q3 24 | $-11.7M | $-1.1M | ||
| Q2 24 | $-221.8M | $281.5K | ||
| Q1 24 | $-43.3M | $-8.6M |
| Q4 25 | -378.6% | 7.5% | ||
| Q3 25 | 9.1% | -5.9% | ||
| Q2 25 | -128.5% | 23.8% | ||
| Q1 25 | -176.3% | -23.3% | ||
| Q4 24 | -1534.6% | -0.6% | ||
| Q3 24 | -40.5% | -3.0% | ||
| Q2 24 | -687.6% | 1.0% | ||
| Q1 24 | -194.5% | -28.0% |
| Q4 25 | 2.7% | 0.2% | ||
| Q3 25 | 0.5% | 0.7% | ||
| Q2 25 | 0.9% | 0.7% | ||
| Q1 25 | 0.6% | 1.1% | ||
| Q4 24 | 13.6% | 2.3% | ||
| Q3 24 | 4.1% | 0.5% | ||
| Q2 24 | 3.9% | 2.0% | ||
| Q1 24 | 2.1% | 2.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 5.27× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BETR
Segment breakdown not available.
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
