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Side-by-side financial comparison of FGI Industries Ltd. (FGI) and SUNation Energy, Inc. (SUNE). Click either name above to swap in a different company.

FGI Industries Ltd. is the larger business by last-quarter revenue ($30.5M vs $27.2M, roughly 1.1× SUNation Energy, Inc.). SUNation Energy, Inc. runs the higher net margin — 9.6% vs -8.6%, a 18.2% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs -14.4%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% 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.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

FGI vs SUNE — Head-to-Head

Bigger by revenue
FGI
FGI
1.1× larger
FGI
$30.5M
$27.2M
SUNE
Growing faster (revenue YoY)
SUNE
SUNE
+91.4% gap
SUNE
77.0%
-14.4%
FGI
Higher net margin
SUNE
SUNE
18.2% more per $
SUNE
9.6%
-8.6%
FGI
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
-0.5%
FGI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FGI
FGI
SUNE
SUNE
Revenue
$30.5M
$27.2M
Net Profit
$-2.6M
$2.6M
Gross Margin
26.7%
40.7%
Operating Margin
-2.2%
10.7%
Net Margin
-8.6%
9.6%
Revenue YoY
-14.4%
77.0%
Net Profit YoY
-553.1%
138.2%
EPS (diluted)
$-1.63
$105.59

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
SUNE
SUNE
Q4 25
$30.5M
$27.2M
Q3 25
$35.8M
$19.0M
Q2 25
$31.0M
$13.1M
Q1 25
$33.2M
$12.6M
Q4 24
$35.6M
$15.4M
Q3 24
$36.1M
$14.7M
Q2 24
$29.4M
$13.5M
Q1 24
$30.8M
$13.2M
Net Profit
FGI
FGI
SUNE
SUNE
Q4 25
$-2.6M
$2.6M
Q3 25
$-1.7M
$-393.0K
Q2 25
$-1.2M
$-9.6M
Q1 25
$-629.1K
$-3.5M
Q4 24
$-402.3K
$-6.8M
Q3 24
$-550.1K
$-3.3M
Q2 24
$163.6K
$-6.9M
Q1 24
$-412.2K
$1.2M
Gross Margin
FGI
FGI
SUNE
SUNE
Q4 25
26.7%
40.7%
Q3 25
26.5%
38.0%
Q2 25
28.1%
37.0%
Q1 25
26.8%
35.1%
Q4 24
24.6%
36.4%
Q3 24
25.8%
35.6%
Q2 24
30.5%
35.4%
Q1 24
27.4%
36.4%
Operating Margin
FGI
FGI
SUNE
SUNE
Q4 25
-2.2%
10.7%
Q3 25
1.0%
-1.3%
Q2 25
-2.7%
-16.6%
Q1 25
-3.9%
-17.2%
Q4 24
-3.5%
-42.3%
Q3 24
-0.2%
-10.9%
Q2 24
-1.5%
-15.0%
Q1 24
-1.0%
-16.5%
Net Margin
FGI
FGI
SUNE
SUNE
Q4 25
-8.6%
9.6%
Q3 25
-4.6%
-2.1%
Q2 25
-4.0%
-73.5%
Q1 25
-1.9%
-27.7%
Q4 24
-1.1%
-44.4%
Q3 24
-1.5%
-22.4%
Q2 24
0.6%
-51.2%
Q1 24
-1.3%
9.1%
EPS (diluted)
FGI
FGI
SUNE
SUNE
Q4 25
$-1.63
$105.59
Q3 25
$-0.86
$-0.12
Q2 25
$-0.64
$-3.14
Q1 25
$-0.07
$-106.71
Q4 24
$-0.38
$41676.94
Q3 24
$-0.29
$-2350.12
Q2 24
$0.08
$-11022.91
Q1 24
$-0.04
$-38414.84

Balance Sheet & Financial Strength

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

Metric
FGI
FGI
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$1.9M
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$17.3M
$24.3M
Total Assets
$69.5M
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FGI
FGI
SUNE
SUNE
Q4 25
$1.9M
$7.2M
Q3 25
$1.9M
$5.4M
Q2 25
$2.5M
$3.2M
Q1 25
$1.2M
$1.4M
Q4 24
$4.6M
$839.3K
Q3 24
$3.0M
$1.1M
Q2 24
$1.3M
$1.0M
Q1 24
$3.3M
$1.8M
Total Debt
FGI
FGI
SUNE
SUNE
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FGI
FGI
SUNE
SUNE
Q4 25
$17.3M
$24.3M
Q3 25
$19.7M
$21.7M
Q2 25
$21.3M
$22.1M
Q1 25
$21.8M
$14.8M
Q4 24
$22.3M
$8.5M
Q3 24
$23.5M
$13.1M
Q2 24
$23.8M
$-10.9M
Q1 24
$23.9M
$-11.2M
Total Assets
FGI
FGI
SUNE
SUNE
Q4 25
$69.5M
$48.2M
Q3 25
$73.0M
$49.6M
Q2 25
$71.7M
$44.1M
Q1 25
$68.5M
$44.4M
Q4 24
$75.5M
$45.7M
Q3 24
$74.7M
$51.0M
Q2 24
$69.9M
$52.9M
Q1 24
$68.6M
$54.7M
Debt / Equity
FGI
FGI
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
SUNE
SUNE
Operating Cash FlowLast quarter
$2.3M
$2.1M
Free Cash FlowOCF − Capex
$2.3M
FCF MarginFCF / Revenue
7.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters
$-212.5K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FGI
FGI
SUNE
SUNE
Q4 25
$2.3M
$2.1M
Q3 25
$-1.9M
$2.4M
Q2 25
$7.6M
$-130.2K
Q1 25
$-7.4M
$-3.4M
Q4 24
$617.4K
$-1.9M
Q3 24
$-915.0K
$-968.1K
Q2 24
$862.1K
$-776.4K
Q1 24
$-8.0M
$-2.6M
Free Cash Flow
FGI
FGI
SUNE
SUNE
Q4 25
$2.3M
Q3 25
$-2.1M
$2.4M
Q2 25
$7.4M
Q1 25
$-7.7M
Q4 24
$-214.1K
$-1.9M
Q3 24
$-1.1M
$-980.3K
Q2 24
$281.5K
$-788.4K
Q1 24
$-8.6M
$-2.7M
FCF Margin
FGI
FGI
SUNE
SUNE
Q4 25
7.5%
Q3 25
-5.9%
12.5%
Q2 25
23.8%
Q1 25
-23.3%
Q4 24
-0.6%
-12.4%
Q3 24
-3.0%
-6.7%
Q2 24
1.0%
-5.8%
Q1 24
-28.0%
-20.1%
Capex Intensity
FGI
FGI
SUNE
SUNE
Q4 25
0.2%
Q3 25
0.7%
0.0%
Q2 25
0.7%
Q1 25
1.1%
Q4 24
2.3%
0.0%
Q3 24
0.5%
0.1%
Q2 24
2.0%
0.1%
Q1 24
2.0%
0.0%
Cash Conversion
FGI
FGI
SUNE
SUNE
Q4 25
0.81×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
5.27×
Q1 24
-2.20×

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%

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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