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FGI Industries Ltd.（FGI）与i3 Verticals, Inc.（IIIV）财务数据对比。点击上方公司名可切换其他公司
i3 Verticals, Inc.的季度营收约是FGI Industries Ltd.的1.7倍（$52.7M vs $30.5M），i3 Verticals, Inc.净利率更高（0.9% vs -8.6%，领先9.5%），FGI Industries Ltd.同比增速更快（-14.4% vs -14.6%），i3 Verticals, Inc.自由现金流更多（$13.8M vs $2.3M），过去两年FGI Industries Ltd.的营收复合增速更高（-0.5% vs -4.7%）
FGI Industries Ltd是一家全球厨卫产品、家居收纳解决方案及家装用品的设计、制造与分销商，服务覆盖北美、欧洲及亚太地区的大型连锁零售商、家居专营店和电商平台。
Prusa i3是捷克Prusa Research公司生产的熔融沉积成型3D打印机系列，以Original Prusa i3为注册商标推出，同时也是RepRap项目的组成部分。2016年该系列就被评为全球使用率最高的3D打印机，最早由Josef Průša在2012年完成设计，2015年正式推出商用套件版本，目前最新型号同时提供散件套件和原厂组装版本，具备性价比高、易操作的优势。
FGI vs IIIV — 直观对比
营收规模更大
IIIV
是对方的1.7倍
$30.5M
营收增速更快
FGI
高出0.2%
-14.6%
净利率更高
IIIV
高出9.5%
-8.6%
自由现金流更多
IIIV
多$11.5M
$2.3M
两年增速更快
FGI
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $30.5M | $52.7M |
| 净利润 | $-2.6M | $484.0K |
| 毛利率 | 26.7% | — |
| 营业利润率 | -2.2% | 3.1% |
| 净利率 | -8.6% | 0.9% |
| 营收同比 | -14.4% | -14.6% |
| 净利润同比 | -553.1% | -76.5% |
| 每股收益（稀释后） | $-1.63 | $0.02 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FGIIIIV
| Q4 25 | $30.5M | $52.7M | ||
| Q3 25 | $35.8M | $46.0M | ||
| Q2 25 | $31.0M | $51.9M | ||
| Q1 25 | $33.2M | $63.1M | ||
| Q4 24 | $35.6M | $52.2M | ||
| Q3 24 | $36.1M | $32.0M | ||
| Q2 24 | $29.4M | $46.2M | ||
| Q1 24 | $30.8M | $58.0M |
净利润FGIIIIV
| Q4 25 | $-2.6M | $484.0K | ||
| Q3 25 | $-1.7M | $3.1M | ||
| Q2 25 | $-1.2M | $12.9M | ||
| Q1 25 | $-629.1K | $-154.0K | ||
| Q4 24 | $-402.3K | $2.1M | ||
| Q3 24 | $-550.1K | $117.9M | ||
| Q2 24 | $163.6K | $-7.5M | ||
| Q1 24 | $-412.2K | $1.9M |
毛利率FGIIIIV
| 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% | — |
营业利润率FGIIIIV
| Q4 25 | -2.2% | 3.1% | ||
| Q3 25 | 1.0% | 3.2% | ||
| Q2 25 | -2.7% | -9.3% | ||
| Q1 25 | -3.9% | 8.0% | ||
| Q4 24 | -3.5% | 3.9% | ||
| Q3 24 | -0.2% | 10.6% | ||
| Q2 24 | -1.5% | -2.8% | ||
| Q1 24 | -1.0% | 3.4% |
净利率FGIIIIV
| Q4 25 | -8.6% | 0.9% | ||
| Q3 25 | -4.6% | 6.7% | ||
| Q2 25 | -4.0% | 24.8% | ||
| Q1 25 | -1.9% | -0.2% | ||
| Q4 24 | -1.1% | 3.9% | ||
| Q3 24 | -1.5% | 368.2% | ||
| Q2 24 | 0.6% | -16.3% | ||
| Q1 24 | -1.3% | 3.2% |
每股收益（稀释后）FGIIIIV
| Q4 25 | $-1.63 | $0.02 | ||
| Q3 25 | $-0.86 | $0.14 | ||
| Q2 25 | $-0.64 | $0.50 | ||
| Q1 25 | $-0.07 | $0.00 | ||
| Q4 24 | $-0.38 | $0.08 | ||
| Q3 24 | $-0.29 | $4.93 | ||
| Q2 24 | $0.08 | $-0.32 | ||
| Q1 24 | $-0.04 | $0.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.9M | $37.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $17.3M | $358.5M |
| 总资产 | $69.5M | $595.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FGIIIIV
| Q4 25 | $1.9M | $37.5M | ||
| Q3 25 | $1.9M | $66.7M | ||
| Q2 25 | $2.5M | $55.5M | ||
| Q1 25 | $1.2M | $7.7M | ||
| Q4 24 | $4.6M | $85.6M | ||
| Q3 24 | $3.0M | $86.5M | ||
| Q2 24 | $1.3M | $9.7M | ||
| Q1 24 | $3.3M | $3.1M |
总债务FGIIIIV
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $12.0M | ||
| Q4 24 | — | $26.2M | ||
| Q3 24 | — | $26.2M | ||
| Q2 24 | — | $374.1M | ||
| Q1 24 | — | $369.6M |
股东权益FGIIIIV
| Q4 25 | $17.3M | $358.5M | ||
| Q3 25 | $19.7M | $389.6M | ||
| Q2 25 | $21.3M | $383.3M | ||
| Q1 25 | $21.8M | $385.2M | ||
| Q4 24 | $22.3M | $375.0M | ||
| Q3 24 | $23.5M | $379.7M | ||
| Q2 24 | $23.8M | $249.7M | ||
| Q1 24 | $23.9M | $249.3M |
总资产FGIIIIV
| Q4 25 | $69.5M | $595.9M | ||
| Q3 25 | $73.0M | $638.4M | ||
| Q2 25 | $71.7M | $623.3M | ||
| Q1 25 | $68.5M | $646.4M | ||
| Q4 24 | $75.5M | $726.2M | ||
| Q3 24 | $74.7M | $730.7M | ||
| Q2 24 | $69.9M | $861.7M | ||
| Q1 24 | $68.6M | $625.8M |
负债/权益比FGIIIIV
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.07× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | — | 1.50× | ||
| Q1 24 | — | 1.48× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $2.3M | $14.1M |
| 自由现金流经营现金流 - 资本支出 | $2.3M | $13.8M |
| 自由现金流率自由现金流/营收 | 7.5% | 26.2% |
| 资本支出强度资本支出/营收 | 0.2% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 29.18× |
| 过去12个月自由现金流最近4个季度 | $-212.5K | $6.5M |
8季度趋势，按日历期对齐
经营现金流FGIIIIV
| Q4 25 | $2.3M | $14.1M | ||
| Q3 25 | $-1.9M | $14.0M | ||
| Q2 25 | $7.6M | $7.4M | ||
| Q1 25 | $-7.4M | $-27.1M | ||
| Q4 24 | $617.4K | $11.5M | ||
| Q3 24 | $-915.0K | $15.1M | ||
| Q2 24 | $862.1K | $8.1M | ||
| Q1 24 | $-8.0M | $10.7M |
自由现金流FGIIIIV
| Q4 25 | $2.3M | $13.8M | ||
| Q3 25 | $-2.1M | $13.5M | ||
| Q2 25 | $7.4M | $6.8M | ||
| Q1 25 | $-7.7M | $-27.6M | ||
| Q4 24 | $-214.1K | $11.0M | ||
| Q3 24 | $-1.1M | $14.6M | ||
| Q2 24 | $281.5K | $7.2M | ||
| Q1 24 | $-8.6M | $9.9M |
自由现金流率FGIIIIV
| Q4 25 | 7.5% | 26.2% | ||
| Q3 25 | -5.9% | 29.5% | ||
| Q2 25 | 23.8% | 13.1% | ||
| Q1 25 | -23.3% | -43.8% | ||
| Q4 24 | -0.6% | 21.1% | ||
| Q3 24 | -3.0% | 45.6% | ||
| Q2 24 | 1.0% | 15.6% | ||
| Q1 24 | -28.0% | 17.1% |
资本支出强度FGIIIIV
| Q4 25 | 0.2% | 0.6% | ||
| Q3 25 | 0.7% | 0.9% | ||
| Q2 25 | 0.7% | 1.0% | ||
| Q1 25 | 1.1% | 0.8% | ||
| Q4 24 | 2.3% | 0.9% | ||
| Q3 24 | 0.5% | 1.7% | ||
| Q2 24 | 2.0% | 1.9% | ||
| Q1 24 | 2.0% | 1.4% |
现金转化率FGIIIIV
| Q4 25 | — | 29.18× | ||
| Q3 25 | — | 4.52× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.59× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | 5.27× | — | ||
| Q1 24 | — | 5.72× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
IIIV
| License And Service | $35.7M | 68% |
| Proprietary Payments Revenue | $14.5M | 27% |
| Other Revenue | $2.5M | 5% |
