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Nasdaq · Industrials

FBS Global Ltd (FBGL)

As-reported financials and SEC filings for FBS Global Ltd. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

Snapshot

Revenue
$19.1M
Revenue growth (YoY)
84.3%
Net income
$-1.5M
Diluted EPS
$-0.11
Gross margin
10.2%
Operating margin
-7.5%
Net margin
-7.9%
FCF margin
-16.2%
ROE
-15.7%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$3.6M
Long-term debt / equity
0.00×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at FBS Global

  • Revenue grew 84.3% to $19M in FY2025, after a 35.7% decline the year before.
  • Free cash flow was negative $3M in FY2025.
  • Net loss widened to $2M in FY2025, from $610775 in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where FBS Global’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin10.2%
14th percentile of 455
Operating margin-7.5%
16th percentile of 598
Net margin-7.9%
16th percentile of 630
FCF margin-16.2%
7th percentile of 546
Revenue growth (YoY)+84.3%
97th percentile of 652
ROE-15.7%
18th percentile of 590
Long-term debt / equity0.00×
4th percentile of 403
Short interest1.00d
1st percentile of 661

FBS Global’s revenue growth of +84.3% ranks in the 97th percentile of the 652 Industrials companies reporting it. FBS Global’s long-term debt to equity of 0.00 ranks in the 4th percentile of the 403 Industrials companies reporting it. FBS Global’s FCF margin of -16.2% ranks in the 7th percentile of the 546 Industrials companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
28.5K
settled 2026-09-30
Change vs prior
-51.1%
vs previous settlement
Days to cover
1.00
at avg daily volume
Avg daily volume
921.1K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3028.5K-51.1%1.00
2026-09-1558.2K-4.0%1.77
2026-08-3160.7K+0.8%1.00
2026-08-1460.2K+48.6%1.00
2026-07-3140.5K-66.1%1.00
2026-07-15119.7K+3.5%1.00
2026-06-30115.6K-29.0%5.05
2026-06-15162.8K-41.6%1.58

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022
Revenue$19.1M$10.4M$16.1M—
Gross profit—
Operating income$-1.4M$-725,494$-33,114—
Net income$-1.5M$-610,775$3,516$51,470
Diluted EPS$-0.11$-0.05$0.00—

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022
Cash and equivalents$3.9M$2.2M$3.3M—
Current assets$17.7M$7.4M$10.0M—
Total assets$20.6M$11.8M$13.5M—
Current liabilities$11.0M$8.5M$9.1M—
Long-term debt$7,306$99,409$674,376—
Total liabilities$11.0M$8.6M$9.7M—
Total equity$9.6M$3.2M$3.8M$3.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022
Operating cash flow$-3.0M$-91,555$2.7M—
Capital expenditure$58,491$56,353$2,410—
Free cash flow—

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryGeneral Bldg Contractors - Residential Bldgs
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2022
SEC CIK1938534

Selected SEC filings

20-F2026-04-30
View on EDGAR →
20-F2025-05-15
View on EDGAR →
6-K2026-10-13
View on EDGAR →
6-K2026-10-09
View on EDGAR →
6-K2026-09-24
View on EDGAR →
6-K2026-09-14
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.