FG Financial Pref Share FGFPP 8 02/28/23 | 10-Q: FY2025 Q2 Revenue: USD 15.32 M

Revenue: As of FY2025 Q2, the actual value is USD 15.32 M.

EPS: As of FY2025 Q2, the actual value is USD 3.93.

EBIT: As of FY2025 Q2, the actual value is USD 5.258 M.

Merchant Banking Segment

• Net Gain on Equity Holdings and Other Holdings: $6,240,000 for the three months ended June 30, 2025, compared to a loss of $4,011,000 for the same period in 2024, reflecting a significant increase primarily due to gains in the market value of Saltire common stock.

Managed Services Segment

• Product Sales: $5,251,000 for the three months ended June 30, 2025, up from $4,782,000 in the same period in 2024, driven by higher digital equipment sales and installation services.
• Services Revenue: $3,621,000 for the three months ended June 30, 2025, compared to $3,339,000 in the same period in 2024, reflecting increased demand for field maintenance and monitoring services.

Other Segment

• Services Revenue: $98,000 for the three months ended June 30, 2025, compared to $177,000 in the same period in 2024.

Total Revenue

• Total Revenue: $15,319,000 for the three months ended June 30, 2025, compared to $4,287,000 for the same period in 2024, representing a 257.3% increase.

Expenses

• Total Expenses: $10,033,000 for the three months ended June 30, 2025, down from $10,852,000 in the same period in 2024, primarily due to a reduction in general and administrative expenses.

Income from Operations

• Income from Operations: $5,286,000 for the three months ended June 30, 2025, compared to a loss of $6,565,000 in the same period in 2024, reflecting a significant improvement due to higher revenue and lower expenses.

Net Income from Continuing Operations

• Net Income from Continuing Operations: $5,048,000 for the three months ended June 30, 2025, compared to a net loss of $6,581,000 in the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to enhance and expand its existing financial industry segments through the adoption of an Ethereum treasury, staking, and RWA tokenization strategy following the closing of a recent private placement offering.
• Non-Core Business: The company intends to transfer a significant portion of its current assets to a trust for the benefit of current stockholders, which includes interests in various subsidiaries and equity holdings.