FGNX Q1 2022 Earnings — FG Nexus Inc. Revenue & Financial Results | Market Cap Arena

FGNXFG Nexus Inc.

$55M

Q1 2022 Earnings

Financial Services Insurance - Diversified

Income Statement

Revenue

$2M+11.4% YoY

Gross Profit

-$13,000-0.6% margin

Operating Income

-$4M-172.0% margin

Net Income

-$4M-172.0% margin

EPS (Diluted)

$-82.50

QoQ Revenue Growth

+46.7%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$194,000

Balance Sheet

Total Assets

$81M

Total Liabilities

$27M

Stockholders' Equity

$54M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2M	$2M	+11.4%
Gross Profit	-$13,000	$2M	-100.7%
Operating Income	-$4M	-$112,000	-3313.4%
Net Income	-$4M	-$111,000	-3344.1%

Revenue Segments

Insurance

$2M100%