FGI Industries Investor Presentation Deck slide image

FGI Industries Investor Presentation Deck

FGI Industries at a Glance Leading global B2B supplier of Kitchen and Bath Products 3 FGI is a leading global B2B supplier of Kitchen and Bath products with a reputation of Innovation, Quality and Service developed over 30 years in conjunction with our parent company, Foremost Groups Ltd. Strong Growth Opportunity • BPC strategy offers meaningful growth potential ● Founded in 1988 Favorable Market Trends Repair and Remodel market generates stable, predictable growth; limited exposure to new construction ● Attractive Operating Model Outsourced manufacturing model and strong partner relationships provide flexibility and downside protection IPO in January 2022 Capital Efficient Model Capital-lite model drives strong free cash flow conversion ● Strong Balance Sheet Low net debt(1) relative to earnings, attractive liquidity Recent Performance $120MM Revenue Business (1) See attached appendix for reconciliation of GAAP and non-GAAP financial measures + 530 bps 3Q23 gross margin expansion New Construction 20% EU Canada 10% 25% Owned Brands 40% E-Commerce 21% Wholesale/Commercial 37% Repair/Remodel 80% USA 64% Private Label 60% Specialty 2% $20.9MM of cash and liquidity at 9/30/23 Mass Retail 40% $2.6MM Net Debt Position at 9/30/23(1) FGI
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