Risk factors
FGI Industries (FGI) risk factors
Item 1A of every FGI Industries Ltd. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
51 risks, 3 new, 3 dropped, 7 reworded since the prior year. The company faces heightened risks from 2025 tariff changes, customer concentration, and ongoing internal control weaknesses.
Filed Apr 10, 2026 - FY2024 10-K risk factors
51 risks. FGI Industries faces severe customer concentration risks, with ten customers representing 69 percent of net sales in 2024. The company heavily relies on a single Chinese supplier, Huida, for 70 percent of accounts payable. Substantial manufacturing and sourcing operations in China expose the business to severe tariff, geopolitical, and regulatory risks.
Filed Mar 31, 2025