vs
Side-by-side financial comparison of FGI Industries Ltd. (FGI) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $30.5M, roughly 1.6× FGI Industries Ltd.). READING INTERNATIONAL INC runs the higher net margin — -5.1% vs -8.6%, a 3.5% gap on every dollar of revenue. On growth, READING INTERNATIONAL INC posted the faster year-over-year revenue change (-14.2% vs -14.4%). READING INTERNATIONAL INC produced more free cash flow last quarter ($4.1M vs $2.3M). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% 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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
FGI vs RDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $30.5M | $50.3M |
| Net Profit | $-2.6M | $-2.6M |
| Gross Margin | 26.7% | — |
| Operating Margin | -2.2% | -1.9% |
| Net Margin | -8.6% | -5.1% |
| Revenue YoY | -14.4% | -14.2% |
| Net Profit YoY | -553.1% | -14.5% |
| EPS (diluted) | $-1.63 | $-0.11 |
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 | $30.5M | $50.3M | ||
| Q3 25 | $35.8M | $52.2M | ||
| Q2 25 | $31.0M | $60.4M | ||
| Q1 25 | $33.2M | $40.2M | ||
| Q4 24 | $35.6M | $58.6M | ||
| Q3 24 | $36.1M | $60.1M | ||
| Q2 24 | $29.4M | $46.8M | ||
| Q1 24 | $30.8M | $45.1M |
| Q4 25 | $-2.6M | $-2.6M | ||
| Q3 25 | $-1.7M | $-4.2M | ||
| Q2 25 | $-1.2M | $-2.7M | ||
| Q1 25 | $-629.1K | $-4.8M | ||
| Q4 24 | $-402.3K | $-2.2M | ||
| Q3 24 | $-550.1K | $-7.0M | ||
| Q2 24 | $163.6K | $-12.8M | ||
| Q1 24 | $-412.2K | $-13.2M |
| 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 | -2.2% | -1.9% | ||
| Q3 25 | 1.0% | -0.6% | ||
| Q2 25 | -2.7% | 4.8% | ||
| Q1 25 | -3.9% | -17.2% | ||
| Q4 24 | -3.5% | 2.6% | ||
| Q3 24 | -0.2% | -0.6% | ||
| Q2 24 | -1.5% | -16.4% | ||
| Q1 24 | -1.0% | -16.7% |
| Q4 25 | -8.6% | -5.1% | ||
| Q3 25 | -4.6% | -8.0% | ||
| Q2 25 | -4.0% | -4.4% | ||
| Q1 25 | -1.9% | -11.8% | ||
| Q4 24 | -1.1% | -3.8% | ||
| Q3 24 | -1.5% | -11.7% | ||
| Q2 24 | 0.6% | -27.4% | ||
| Q1 24 | -1.3% | -29.4% |
| Q4 25 | $-1.63 | $-0.11 | ||
| Q3 25 | $-0.86 | $-0.18 | ||
| Q2 25 | $-0.64 | $-0.12 | ||
| Q1 25 | $-0.07 | $-0.21 | ||
| Q4 24 | $-0.38 | $-0.11 | ||
| Q3 24 | $-0.29 | $-0.31 | ||
| Q2 24 | $0.08 | $-0.57 | ||
| Q1 24 | $-0.04 | $-0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9M | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $17.3M | $-18.2M |
| Total Assets | $69.5M | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9M | $10.5M | ||
| Q3 25 | $1.9M | $8.1M | ||
| Q2 25 | $2.5M | $9.1M | ||
| Q1 25 | $1.2M | $5.9M | ||
| Q4 24 | $4.6M | $12.4M | ||
| Q3 24 | $3.0M | $10.1M | ||
| Q2 24 | $1.3M | $9.3M | ||
| Q1 24 | $3.3M | $7.5M |
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $17.3M | $-18.2M | ||
| Q3 25 | $19.7M | $-12.1M | ||
| Q2 25 | $21.3M | $-7.7M | ||
| Q1 25 | $21.8M | $-8.1M | ||
| Q4 24 | $22.3M | $-4.4M | ||
| Q3 24 | $23.5M | $1.6M | ||
| Q2 24 | $23.8M | $6.5M | ||
| Q1 24 | $23.9M | $18.0M |
| Q4 25 | $69.5M | $434.9M | ||
| Q3 25 | $73.0M | $435.2M | ||
| Q2 25 | $71.7M | $438.1M | ||
| Q1 25 | $68.5M | $441.0M | ||
| Q4 24 | $75.5M | $471.0M | ||
| Q3 24 | $74.7M | $495.7M | ||
| Q2 24 | $69.9M | $494.9M | ||
| Q1 24 | $68.6M | $494.9M |
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 | $2.3M | $4.3M |
| Free Cash FlowOCF − Capex | $2.3M | $4.1M |
| FCF MarginFCF / Revenue | 7.5% | 8.2% |
| Capex IntensityCapex / Revenue | 0.2% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-212.5K | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.3M | $4.3M | ||
| Q3 25 | $-1.9M | $295.0K | ||
| Q2 25 | $7.6M | $1.6M | ||
| Q1 25 | $-7.4M | $-7.7M | ||
| Q4 24 | $617.4K | $8.0M | ||
| Q3 24 | $-915.0K | $1.3M | ||
| Q2 24 | $862.1K | $-10.4M | ||
| Q1 24 | $-8.0M | $-2.8M |
| Q4 25 | $2.3M | $4.1M | ||
| Q3 25 | $-2.1M | $-246.0K | ||
| Q2 25 | $7.4M | $1.2M | ||
| Q1 25 | $-7.7M | $-8.0M | ||
| Q4 24 | $-214.1K | $7.0M | ||
| Q3 24 | $-1.1M | $-1.1M | ||
| Q2 24 | $281.5K | $-10.6M | ||
| Q1 24 | $-8.6M | $-4.7M |
| Q4 25 | 7.5% | 8.2% | ||
| Q3 25 | -5.9% | -0.5% | ||
| Q2 25 | 23.8% | 1.9% | ||
| Q1 25 | -23.3% | -19.8% | ||
| Q4 24 | -0.6% | 12.0% | ||
| Q3 24 | -3.0% | -1.8% | ||
| Q2 24 | 1.0% | -22.7% | ||
| Q1 24 | -28.0% | -10.4% |
| Q4 25 | 0.2% | 0.3% | ||
| Q3 25 | 0.7% | 1.0% | ||
| Q2 25 | 0.7% | 0.6% | ||
| Q1 25 | 1.1% | 0.6% | ||
| Q4 24 | 2.3% | 1.7% | ||
| Q3 24 | 0.5% | 4.0% | ||
| Q2 24 | 2.0% | 0.5% | ||
| Q1 24 | 2.0% | 4.3% |
| 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
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
