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Side-by-side financial comparison of FGI Industries Ltd. (FGI) and KINGSTONE COMPANIES, INC. (KINS). Click either name above to swap in a different company.

KINGSTONE COMPANIES, INC. is the larger business by last-quarter revenue ($56.4M vs $30.5M, roughly 1.9× FGI Industries Ltd.). KINGSTONE COMPANIES, INC. runs the higher net margin — 26.2% vs -8.6%, a 34.8% gap on every dollar of revenue. On growth, KINGSTONE COMPANIES, INC. posted the faster year-over-year revenue change (34.0% vs -14.4%). KINGSTONE COMPANIES, INC. produced more free cash flow last quarter ($73.1M vs $2.3M). Over the past eight quarters, KINGSTONE COMPANIES, INC.'s revenue compounded faster (25.6% CAGR vs -0.5%).

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.

Kingstone Companies, Inc., headquartered in Kingston, New York, provides property and casualty insurance products through its subsidiary, Kingstone Insurance Company. It places contracts with the third-party licensed premium finance company through its subsidiary Payments, Inc., a NYS licensed Insurance Premium Finance Company. Kingstone Insurance Company was ranked #1 of the 81 insurers rated by the Professional Insurance Agents Association in its 2010 Company Performance Survey. The company...

FGI vs KINS — Head-to-Head

Bigger by revenue
KINS
KINS
1.9× larger
KINS
$56.4M
$30.5M
FGI
Growing faster (revenue YoY)
KINS
KINS
+48.4% gap
KINS
34.0%
-14.4%
FGI
Higher net margin
KINS
KINS
34.8% more per $
KINS
26.2%
-8.6%
FGI
More free cash flow
KINS
KINS
$70.8M more FCF
KINS
$73.1M
$2.3M
FGI
Faster 2-yr revenue CAGR
KINS
KINS
Annualised
KINS
25.6%
-0.5%
FGI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FGI
FGI
KINS
KINS
Revenue
$30.5M
$56.4M
Net Profit
$-2.6M
$14.8M
Gross Margin
26.7%
Operating Margin
-2.2%
32.7%
Net Margin
-8.6%
26.2%
Revenue YoY
-14.4%
34.0%
Net Profit YoY
-553.1%
171.4%
EPS (diluted)
$-1.63
$1.09

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.

Revenue
FGI
FGI
KINS
KINS
Q4 25
$30.5M
$56.4M
Q3 25
$35.8M
$55.7M
Q2 25
$31.0M
$52.3M
Q1 25
$33.2M
$50.5M
Q4 24
$35.6M
$42.1M
Q3 24
$36.1M
$40.8M
Q2 24
$29.4M
$36.5M
Q1 24
$30.8M
$35.8M
Net Profit
FGI
FGI
KINS
KINS
Q4 25
$-2.6M
$14.8M
Q3 25
$-1.7M
$10.9M
Q2 25
$-1.2M
$11.3M
Q1 25
$-629.1K
$3.9M
Q4 24
$-402.3K
$5.4M
Q3 24
$-550.1K
$7.0M
Q2 24
$163.6K
$4.5M
Q1 24
$-412.2K
$1.4M
Gross Margin
FGI
FGI
KINS
KINS
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%
Operating Margin
FGI
FGI
KINS
KINS
Q4 25
-2.2%
32.7%
Q3 25
1.0%
24.6%
Q2 25
-2.7%
27.1%
Q1 25
-3.9%
9.3%
Q4 24
-3.5%
15.9%
Q3 24
-0.2%
22.3%
Q2 24
-1.5%
15.7%
Q1 24
-1.0%
5.0%
Net Margin
FGI
FGI
KINS
KINS
Q4 25
-8.6%
26.2%
Q3 25
-4.6%
19.5%
Q2 25
-4.0%
21.5%
Q1 25
-1.9%
7.7%
Q4 24
-1.1%
12.9%
Q3 24
-1.5%
17.1%
Q2 24
0.6%
12.4%
Q1 24
-1.3%
4.0%
EPS (diluted)
FGI
FGI
KINS
KINS
Q4 25
$-1.63
$1.09
Q3 25
$-0.86
$0.74
Q2 25
$-0.64
$0.78
Q1 25
$-0.07
$0.27
Q4 24
$-0.38
$0.44
Q3 24
$-0.29
$0.55
Q2 24
$0.08
$0.37
Q1 24
$-0.04
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FGI
FGI
KINS
KINS
Cash + ST InvestmentsLiquidity on hand
$1.9M
Total DebtLower is stronger
$4.4M
Stockholders' EquityBook value
$17.3M
$122.7M
Total Assets
$69.5M
$453.4M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FGI
FGI
KINS
KINS
Q4 25
$1.9M
Q3 25
$1.9M
Q2 25
$2.5M
Q1 25
$1.2M
Q4 24
$4.6M
Q3 24
$3.0M
Q2 24
$1.3M
Q1 24
$3.3M
Total Debt
FGI
FGI
KINS
KINS
Q4 25
$4.4M
Q3 25
$4.8M
Q2 25
$5.1M
Q1 25
$5.4M
Q4 24
$11.2M
Q3 24
$17.3M
Q2 24
$25.3M
Q1 24
$25.3M
Stockholders' Equity
FGI
FGI
KINS
KINS
Q4 25
$17.3M
$122.7M
Q3 25
$19.7M
$107.7M
Q2 25
$21.3M
$94.9M
Q1 25
$21.8M
$82.2M
Q4 24
$22.3M
$66.7M
Q3 24
$23.5M
$59.7M
Q2 24
$23.8M
$40.8M
Q1 24
$23.9M
$35.7M
Total Assets
FGI
FGI
KINS
KINS
Q4 25
$69.5M
$453.4M
Q3 25
$73.0M
$428.6M
Q2 25
$71.7M
$393.4M
Q1 25
$68.5M
$385.4M
Q4 24
$75.5M
$374.9M
Q3 24
$74.7M
$347.0M
Q2 24
$69.9M
$319.8M
Q1 24
$68.6M
$318.3M
Debt / Equity
FGI
FGI
KINS
KINS
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.05×
Q1 25
0.07×
Q4 24
0.17×
Q3 24
0.29×
Q2 24
0.62×
Q1 24
0.71×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FGI
FGI
KINS
KINS
Operating Cash FlowLast quarter
$2.3M
$75.9M
Free Cash FlowOCF − Capex
$2.3M
$73.1M
FCF MarginFCF / Revenue
7.5%
129.5%
Capex IntensityCapex / Revenue
0.2%
5.0%
Cash ConversionOCF / Net Profit
5.14×
TTM Free Cash FlowTrailing 4 quarters
$-212.5K
$124.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FGI
FGI
KINS
KINS
Q4 25
$2.3M
$75.9M
Q3 25
$-1.9M
$25.9M
Q2 25
$7.6M
$9.3M
Q1 25
$-7.4M
$17.9M
Q4 24
$617.4K
$57.9M
Q3 24
$-915.0K
$21.7M
Q2 24
$862.1K
$7.1M
Q1 24
$-8.0M
$6.1M
Free Cash Flow
FGI
FGI
KINS
KINS
Q4 25
$2.3M
$73.1M
Q3 25
$-2.1M
$25.3M
Q2 25
$7.4M
$8.7M
Q1 25
$-7.7M
$17.0M
Q4 24
$-214.1K
$55.6M
Q3 24
$-1.1M
$21.0M
Q2 24
$281.5K
$6.6M
Q1 24
$-8.6M
$5.6M
FCF Margin
FGI
FGI
KINS
KINS
Q4 25
7.5%
129.5%
Q3 25
-5.9%
45.4%
Q2 25
23.8%
16.6%
Q1 25
-23.3%
33.7%
Q4 24
-0.6%
132.1%
Q3 24
-3.0%
51.6%
Q2 24
1.0%
18.1%
Q1 24
-28.0%
15.5%
Capex Intensity
FGI
FGI
KINS
KINS
Q4 25
0.2%
5.0%
Q3 25
0.7%
1.2%
Q2 25
0.7%
1.1%
Q1 25
1.1%
1.7%
Q4 24
2.3%
5.6%
Q3 24
0.5%
1.7%
Q2 24
2.0%
1.4%
Q1 24
2.0%
1.5%
Cash Conversion
FGI
FGI
KINS
KINS
Q4 25
5.14×
Q3 25
2.38×
Q2 25
0.82×
Q1 25
4.60×
Q4 24
10.65×
Q3 24
3.12×
Q2 24
5.27×
1.58×
Q1 24
4.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FGI
FGI

Sanitaryware$19.1M63%
Shower System$5.8M19%
Kitchen And Bath Other$3.3M11%
Bath Furniture Products$2.3M7%

KINS
KINS

Segment breakdown not available.

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