FGNX Q1 2024 Earnings — FG Nexus Inc. Revenue & Financial Results | Market Cap Arena

FGNXFG Nexus Inc.

$55M

Q1 2024 Earnings

Financial Services Insurance - Diversified

Income Statement

Revenue

$4M-33.0% YoY

Gross Profit

-$2M-39.9% margin

Operating Income

-$7M-152.0% margin

Net Income

-$4M-98.8% margin

EPS (Diluted)

$-33.55

QoQ Revenue Growth

-44.1%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$327,000

Balance Sheet

Total Assets

$110M

Total Liabilities

$44M

Stockholders' Equity

$65M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4M	$7M	-33.0%
Gross Profit	-$2M	$3M	-168.7%
Operating Income	-$7M	-$4M	-66.2%
Net Income	-$4M	-$4M	-11.0%

Revenue Segments

Product

$8M71%

Service

$3M29%