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Side-by-side financial comparison of FGI Industries Ltd. (FGI) and Vitesse Energy, Inc. (VTS). Click either name above to swap in a different company.
Vitesse Energy, Inc. is the larger business by last-quarter revenue ($58.6M vs $30.5M, roughly 1.9× FGI Industries Ltd.). Vitesse Energy, Inc. runs the higher net margin — -1.3% vs -8.6%, a 7.4% gap on every dollar of revenue. On growth, Vitesse Energy, Inc. posted the faster year-over-year revenue change (4.8% vs -14.4%). Over the past eight quarters, FGI Industries Ltd.'s revenue compounded faster (-0.5% CAGR vs -2.1%).
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.
Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.
FGI vs VTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $30.5M | $58.6M |
| Net Profit | $-2.6M | $-739.0K |
| Gross Margin | 26.7% | — |
| Operating Margin | -2.2% | -12.0% |
| Net Margin | -8.6% | -1.3% |
| Revenue YoY | -14.4% | 4.8% |
| Net Profit YoY | -553.1% | 85.6% |
| EPS (diluted) | $-1.63 | $-0.01 |
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 | $58.6M | ||
| Q3 25 | $35.8M | $67.4M | ||
| Q2 25 | $31.0M | $81.8M | ||
| Q1 25 | $33.2M | $66.2M | ||
| Q4 24 | $35.6M | $55.9M | ||
| Q3 24 | $36.1M | $58.3M | ||
| Q2 24 | $29.4M | $66.6M | ||
| Q1 24 | $30.8M | $61.2M |
| Q4 25 | $-2.6M | $-739.0K | ||
| Q3 25 | $-1.7M | $-1.3M | ||
| Q2 25 | $-1.2M | $24.7M | ||
| Q1 25 | $-629.1K | $2.7M | ||
| Q4 24 | $-402.3K | $-5.1M | ||
| Q3 24 | $-550.1K | $17.4M | ||
| Q2 24 | $163.6K | $10.9M | ||
| Q1 24 | $-412.2K | $-2.2M |
| 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% | -12.0% | ||
| Q3 25 | 1.0% | 0.2% | ||
| Q2 25 | -2.7% | 22.8% | ||
| Q1 25 | -3.9% | 8.1% | ||
| Q4 24 | -3.5% | 3.7% | ||
| Q3 24 | -0.2% | 15.4% | ||
| Q2 24 | -1.5% | 25.2% | ||
| Q1 24 | -1.0% | 21.4% |
| Q4 25 | -8.6% | -1.3% | ||
| Q3 25 | -4.6% | -1.9% | ||
| Q2 25 | -4.0% | 30.2% | ||
| Q1 25 | -1.9% | 4.0% | ||
| Q4 24 | -1.1% | -9.2% | ||
| Q3 24 | -1.5% | 29.9% | ||
| Q2 24 | 0.6% | 16.4% | ||
| Q1 24 | -1.3% | -3.6% |
| Q4 25 | $-1.63 | $-0.01 | ||
| Q3 25 | $-0.86 | $-0.03 | ||
| Q2 25 | $-0.64 | $0.60 | ||
| Q1 25 | $-0.07 | $0.08 | ||
| Q4 24 | $-0.38 | $-0.15 | ||
| Q3 24 | $-0.29 | $0.53 | ||
| Q2 24 | $0.08 | $0.33 | ||
| Q1 24 | $-0.04 | $-0.07 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $17.3M | $629.3M |
| Total Assets | $69.5M | $893.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9M | — | ||
| Q3 25 | $1.9M | — | ||
| Q2 25 | $2.5M | — | ||
| Q1 25 | $1.2M | $4.5M | ||
| Q4 24 | $4.6M | $3.0M | ||
| Q3 24 | $3.0M | — | ||
| Q2 24 | $1.3M | — | ||
| Q1 24 | $3.3M | — |
| Q4 25 | $17.3M | $629.3M | ||
| Q3 25 | $19.7M | $650.3M | ||
| Q2 25 | $21.3M | $671.9M | ||
| Q1 25 | $21.8M | $667.7M | ||
| Q4 24 | $22.3M | $500.3M | ||
| Q3 24 | $23.5M | $520.4M | ||
| Q2 24 | $23.8M | $518.5M | ||
| Q1 24 | $23.9M | $522.7M |
| Q4 25 | $69.5M | $893.4M | ||
| Q3 25 | $73.0M | $932.9M | ||
| Q2 25 | $71.7M | $951.5M | ||
| Q1 25 | $68.5M | $975.2M | ||
| Q4 24 | $75.5M | $810.9M | ||
| Q3 24 | $74.7M | $791.2M | ||
| Q2 24 | $69.9M | $778.4M | ||
| Q1 24 | $68.6M | $749.7M |
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 | $37.4M |
| Free Cash FlowOCF − Capex | $2.3M | — |
| FCF MarginFCF / Revenue | 7.5% | — |
| Capex IntensityCapex / Revenue | 0.2% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-212.5K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.3M | $37.4M | ||
| Q3 25 | $-1.9M | $49.4M | ||
| Q2 25 | $7.6M | $66.0M | ||
| Q1 25 | $-7.4M | $17.5M | ||
| Q4 24 | $617.4K | $34.7M | ||
| Q3 24 | $-915.0K | $45.7M | ||
| Q2 24 | $862.1K | $35.2M | ||
| Q1 24 | $-8.0M | $39.4M |
| Q4 25 | $2.3M | — | ||
| Q3 25 | $-2.1M | — | ||
| Q2 25 | $7.4M | — | ||
| Q1 25 | $-7.7M | — | ||
| Q4 24 | $-214.1K | — | ||
| Q3 24 | $-1.1M | — | ||
| Q2 24 | $281.5K | — | ||
| Q1 24 | $-8.6M | — |
| Q4 25 | 7.5% | — | ||
| Q3 25 | -5.9% | — | ||
| Q2 25 | 23.8% | — | ||
| Q1 25 | -23.3% | — | ||
| Q4 24 | -0.6% | — | ||
| Q3 24 | -3.0% | — | ||
| Q2 24 | 1.0% | — | ||
| Q1 24 | -28.0% | — |
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 2.0% | — | ||
| Q1 24 | 2.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.68× | ||
| Q1 25 | — | 6.56× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.62× | ||
| Q2 24 | 5.27× | 3.22× | ||
| 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% |
VTS
| Oil Reserves | $54.5M | 93% |
| Natural Gas Reserves | $4.2M | 7% |
