FGNX Q1 2023 Earnings — FG Nexus Inc. Revenue & Financial Results | Market Cap Arena

FGNXFG Nexus Inc.

$55M

Q1 2023 Earnings

Financial Services Insurance - Diversified

Income Statement

Revenue

$7M+200.8% YoY

Gross Profit

$3M38.9% margin

Operating Income

-$4M-61.3% margin

Net Income

-$4M-59.7% margin

EPS (Diluted)

$12.50

QoQ Revenue Growth

+98.5%

Cash Flow

Operating Cash Flow

-$528,000

Free Cash Flow

-$603,000

Stock-Based Comp.

$127,000

Balance Sheet

Total Assets

$69M

Total Liabilities

$26M

Stockholders' Equity

$43M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$2M	+200.8%
Gross Profit	$3M	-$13,000	+20123.1%
Operating Income	-$4M	-$4M	-7.2%
Net Income	-$4M	-$4M	-4.3%

Revenue Segments

Insurance

$7M100%