vs
Side-by-side financial comparison of FGI Industries Ltd. (FGI) and Neuronetics, Inc. (STIM). Click either name above to swap in a different company.
Neuronetics, Inc. is the larger business by last-quarter revenue ($41.8M vs $30.5M, roughly 1.4× FGI Industries Ltd.). FGI Industries Ltd. runs the higher net margin — -8.6% vs -17.2%, a 8.6% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs -14.4%). FGI Industries Ltd. produced more free cash flow last quarter ($2.3M vs $692.0K). Over the past eight quarters, Neuronetics, Inc.'s revenue compounded faster (54.9% 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.
Neuronetics is a Malvern, PA based, publicly traded company incorporated in Delaware in April 2003, that develops non-invasive treatments for psychiatric disorders that have shown resistance or lack of improvement using traditional medicine. The treatments are based upon neuromodulation technology.
FGI vs STIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $30.5M | $41.8M |
| Net Profit | $-2.6M | $-7.2M |
| Gross Margin | 26.7% | 52.0% |
| Operating Margin | -2.2% | -12.1% |
| Net Margin | -8.6% | -17.2% |
| Revenue YoY | -14.4% | 85.7% |
| Net Profit YoY | -553.1% | 43.2% |
| EPS (diluted) | $-1.63 | $-0.10 |
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 | $41.8M | ||
| Q3 25 | $35.8M | $37.3M | ||
| Q2 25 | $31.0M | $38.1M | ||
| Q1 25 | $33.2M | $32.0M | ||
| Q4 24 | $35.6M | $22.5M | ||
| Q3 24 | $36.1M | $18.5M | ||
| Q2 24 | $29.4M | $16.4M | ||
| Q1 24 | $30.8M | $17.4M |
| Q4 25 | $-2.6M | $-7.2M | ||
| Q3 25 | $-1.7M | $-9.0M | ||
| Q2 25 | $-1.2M | $-10.1M | ||
| Q1 25 | $-629.1K | $-12.7M | ||
| Q4 24 | $-402.3K | $-12.7M | ||
| Q3 24 | $-550.1K | $-13.3M | ||
| Q2 24 | $163.6K | $-9.8M | ||
| Q1 24 | $-412.2K | $-7.9M |
| Q4 25 | 26.7% | 52.0% | ||
| Q3 25 | 26.5% | 45.9% | ||
| Q2 25 | 28.1% | 46.6% | ||
| Q1 25 | 26.8% | 49.2% | ||
| Q4 24 | 24.6% | 66.2% | ||
| Q3 24 | 25.8% | 75.6% | ||
| Q2 24 | 30.5% | 74.0% | ||
| Q1 24 | 27.4% | 75.1% |
| Q4 25 | -2.2% | -12.1% | ||
| Q3 25 | 1.0% | -19.6% | ||
| Q2 25 | -2.7% | -21.1% | ||
| Q1 25 | -3.9% | -34.4% | ||
| Q4 24 | -3.5% | -51.0% | ||
| Q3 24 | -0.2% | -41.7% | ||
| Q2 24 | -1.5% | -51.7% | ||
| Q1 24 | -1.0% | -39.4% |
| Q4 25 | -8.6% | -17.2% | ||
| Q3 25 | -4.6% | -24.3% | ||
| Q2 25 | -4.0% | -26.6% | ||
| Q1 25 | -1.9% | -39.6% | ||
| Q4 24 | -1.1% | -56.4% | ||
| Q3 24 | -1.5% | -72.0% | ||
| Q2 24 | 0.6% | -59.8% | ||
| Q1 24 | -1.3% | -45.2% |
| Q4 25 | $-1.63 | $-0.10 | ||
| Q3 25 | $-0.86 | $-0.13 | ||
| Q2 25 | $-0.64 | $-0.15 | ||
| Q1 25 | $-0.07 | $-0.21 | ||
| Q4 24 | $-0.38 | $-0.34 | ||
| Q3 24 | $-0.29 | $-0.44 | ||
| Q2 24 | $0.08 | $-0.33 | ||
| Q1 24 | $-0.04 | $-0.27 |
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 | $28.1M |
| Total DebtLower is stronger | — | $65.8M |
| Stockholders' EquityBook value | $17.3M | $22.4M |
| Total Assets | $69.5M | $141.6M |
| Debt / EquityLower = less leverage | — | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9M | $28.1M | ||
| Q3 25 | $1.9M | $28.0M | ||
| Q2 25 | $2.5M | $11.0M | ||
| Q1 25 | $1.2M | $20.2M | ||
| Q4 24 | $4.6M | $18.5M | ||
| Q3 24 | $3.0M | $20.9M | ||
| Q2 24 | $1.3M | $42.6M | ||
| Q1 24 | $3.3M | $47.7M |
| Q4 25 | — | $65.8M | ||
| Q3 25 | — | $65.7M | ||
| Q2 25 | — | $55.5M | ||
| Q1 25 | — | $55.3M | ||
| Q4 24 | — | $55.2M | ||
| Q3 24 | — | $46.0M | ||
| Q2 24 | — | $59.8M | ||
| Q1 24 | — | $59.4M |
| Q4 25 | $17.3M | $22.4M | ||
| Q3 25 | $19.7M | $27.4M | ||
| Q2 25 | $21.3M | $27.1M | ||
| Q1 25 | $21.8M | $35.5M | ||
| Q4 24 | $22.3M | $27.7M | ||
| Q3 24 | $23.5M | $9.4M | ||
| Q2 24 | $23.8M | $19.4M | ||
| Q1 24 | $23.9M | $27.7M |
| Q4 25 | $69.5M | $141.6M | ||
| Q3 25 | $73.0M | $145.5M | ||
| Q2 25 | $71.7M | $134.7M | ||
| Q1 25 | $68.5M | $142.0M | ||
| Q4 24 | $75.5M | $140.9M | ||
| Q3 24 | $74.7M | — | ||
| Q2 24 | $69.9M | $96.8M | ||
| Q1 24 | $68.6M | $103.8M |
| Q4 25 | — | 2.94× | ||
| Q3 25 | — | 2.40× | ||
| Q2 25 | — | 2.05× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | — | 4.90× | ||
| Q2 24 | — | 3.08× | ||
| Q1 24 | — | 2.15× |
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 | $908.0K |
| Free Cash FlowOCF − Capex | $2.3M | $692.0K |
| FCF MarginFCF / Revenue | 7.5% | 1.7% |
| Capex IntensityCapex / Revenue | 0.2% | 0.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-212.5K | $-21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.3M | $908.0K | ||
| Q3 25 | $-1.9M | $-785.0K | ||
| Q2 25 | $7.6M | $-3.5M | ||
| Q1 25 | $-7.4M | $-17.0M | ||
| Q4 24 | $617.4K | $-8.6M | ||
| Q3 24 | $-915.0K | $-5.4M | ||
| Q2 24 | $862.1K | $-5.0M | ||
| Q1 24 | $-8.0M | $-12.0M |
| Q4 25 | $2.3M | $692.0K | ||
| Q3 25 | $-2.1M | $-899.0K | ||
| Q2 25 | $7.4M | $-3.8M | ||
| Q1 25 | $-7.7M | $-17.2M | ||
| Q4 24 | $-214.1K | $-8.7M | ||
| Q3 24 | $-1.1M | $-5.8M | ||
| Q2 24 | $281.5K | $-5.6M | ||
| Q1 24 | $-8.6M | $-12.4M |
| Q4 25 | 7.5% | 1.7% | ||
| Q3 25 | -5.9% | -2.4% | ||
| Q2 25 | 23.8% | -9.9% | ||
| Q1 25 | -23.3% | -53.8% | ||
| Q4 24 | -0.6% | -38.6% | ||
| Q3 24 | -3.0% | -31.3% | ||
| Q2 24 | 1.0% | -34.0% | ||
| Q1 24 | -28.0% | -71.1% |
| Q4 25 | 0.2% | 0.5% | ||
| Q3 25 | 0.7% | 0.3% | ||
| Q2 25 | 0.7% | 0.7% | ||
| Q1 25 | 1.1% | 0.7% | ||
| Q4 24 | 2.3% | 0.4% | ||
| Q3 24 | 0.5% | 2.1% | ||
| Q2 24 | 2.0% | 3.7% | ||
| Q1 24 | 2.0% | 2.2% |
| 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% |
STIM
Segment breakdown not available.
