FGNX Q2 2023 Earnings — FG Nexus Inc. Revenue & Financial Results | Market Cap Arena

FGNXFG Nexus Inc.

$55M

Q2 2023 Earnings

Financial Services Insurance - Diversified

Income Statement

Revenue

$3M+42.6% YoY

Gross Profit

-$909,000-27.2% margin

Operating Income

-$6M-188.8% margin

Net Income

-$5M-158.1% margin

EPS (Diluted)

$-67.50

QoQ Revenue Growth

-50.1%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$875,000

Balance Sheet

Total Assets

$79M

Total Liabilities

$39M

Stockholders' Equity

$39M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3M	$2M	+42.6%
Gross Profit	-$909,000	-$135,000	-573.3%
Operating Income	-$6M	-$5M	-15.0%
Net Income	-$5M	-$5M	+3.7%

Revenue Segments

Insurance

$3M100%

Other Segments

$6,0000%