FGC FG Communities Holdings Inc.

Overview and Growth

FG Communities Holdings Inc. generated $2.41M of revenue in fiscal 2025, with net loss of $68.51M and an operating cash outflow of $6.25M. Revenue of $2.41M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 92.5% below fiscal 2024 revenue of $32.02M, marking a top-line contraction. On a per-share basis, diluted EPS was -$25.69, which connects the reported earnings outcome with the company’s diluted share count. The diluted weighted-average share count was 2.67M, linking total earnings with the per-share result received by shareholders. At period end, total assets were $163.84M, framing the scale of the company’s operating and financing commitments. Asset turnover was 0.01x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The company recorded an operating loss of $64.00M after the reported operating expense base. After all below-operating-line items, the company recorded a net loss of $68.51M for the fiscal year. The company reported negative EBITDA of $63.71M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. The pretax result was a loss of $67.71M, establishing the deficit before tax effects. The reported tax benefit was $73.00K, favorably bridging the pretax and after-tax results. The loss-to-equity relationship was 47.7%, placing the bottom-line deficit against shareholder capital. The loss-to-assets relationship was 41.8%, placing the bottom-line deficit against the company’s resource base. The bottom-line deficit increased from $2.56M in fiscal 2024 to $68.51M.

Liquidity and Capital Structure

At period end, the $163.84M asset base was financed through $20.35M of liabilities and $143.49M of equity. Reported cash and equivalents were $13.39M, separating immediately recognizable cash resources from the rest of the current-asset base. The equity-to-assets relationship was 87.6%, placing book capital against the total resource base. Relative to total assets, liabilities measured 12.4%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 8.2%, comparing reported cash and equivalents with the full positive asset balance. Compared with $109.47M in fiscal 2024, the current asset base moved 49.7% and finished higher. Reported equity changed 93.4% from $74.20M in fiscal 2024, placing the current capital base higher year over year. The reported cash balance changed 71.9% from $7.79M in fiscal 2024, ending higher year over year.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $6.25M, showing that operations absorbed cash during the period. Cash absorbed by operations increased from $4.24M in fiscal 2024 to $6.25M.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.