FBS Global vs Founder Group
Founder Group is the larger business, with $28.2m of revenue in fiscal 2025 against $19.8m for FBS Global (1.4 times as much). FBS Global grew faster (91.0% against 42.6%). Founder Group kept more of each dollar of sales as profit: a net margin of -6.9% against -7.9%. FBS Global carries less debt relative to equity (1.1% against 209.3%).
| Latest fiscal year | FBS GlobalFBGL, 2025 | Founder GroupFGL, 2025 |
|---|---|---|
| Revenue | $19.8m | $28.2m |
| Revenue growth | 91.0% | 42.6% |
| Net income | −$1.6m | −$2.0m |
| Operating margin | -7.5% | — |
| Net margin | -7.9% | -6.9% |
| Return on equity | -23.6% | -34.7% |
| Free cash flow | −$3.2m | −$9.8m |
| Cash | $4.1m | $16.3m |
| Total debt | $112,436 | $15.6m |
| Debt to equity | 1.1% | 209.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $29.6m | $45.3m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 7 buys, 5 sales |