FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee. The company was formerly known as 1347 Property Insurance Holdings, Inc. and changed its name to FG Financial Group, Inc. in December 2020. The company was incorporated in 2012 and is based in St. Petersburg, Florida.

Joe Moglia

Kyle Cerminara

FG Financial Group, Inc.

Fundamental Global® is a private partnership focused on long-term strategic holdings co-founded by former T. Rowe Price, Point72 and Tiger Cub portfolio manager Kyle Cerminara and former Chairman and CEO of TD Ameritrade, Joe Moglia.

FG Financial

Fundamental Global® | founded by Kyle Cerminara and Joe Moglia

Watch Fundamental Global Investors Chairman Joe Moglia on #cnbc this morning: https://lnkd.in/ghxMz3NT

Fundamental Global Chairman and co-founder Joe Moglia was on CNBC this morning: https://lnkd.in/gCiHGy4v #cnbc #fundamentalglobal #coastalcarolina #joemoglia

Fundamental Global co-founder Kyle Cerminara was on Bloomberg TV this week to discuss his views on the SPAC market. We expect many SPACs to liquidate while experienced SPAC sponsors will continue to get deals done. Check out minute 17:00 of the attached video to see the video clip. #spacs  #bloombergterminal #ipos https://lnkd.in/ga3wyz2n

Metric
Company Name	FG Financial Group, Inc.
Symbol	FGF
MSH ID	COM:FUNDAMENTALGLOBAL
Market	STOCKS
Sector	Financial Services
Industry	Insurance - Diversified
Country	US
Stage
Employee Count	174
Website	fgfinancial.com
LinkedIn	fundamental-global
Founders

Metric
Market Cap	26.95M
Enterprise Value
Monthly Web Traffic	278
Web Traffic Growth	-0.79
Valuation
Raised Capital

Metric
Revenue	23.71M
Revenue (LTM)
Revenue (NTM)
Gross Profit	26.84M
EBITDA	3.85M
Operating Income	3.85M
Net Income	3.85M
EPS	0.21
Diluted EPS	0.21
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.93
Operating Profit Margin	0.24
EBITDA Margin	0.16
Net Profit Margin	0.14
Return on Equity	0.10
Return on Assets	0.06
Return on Capital Employed	0.10

COM:FUNDAMENTALGLOBAL

Fundamental Global

Last Close

30.88

22/11 21:00

Market Cap

26.95M

Beta: -

Volume Today

26.68K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	1.07
P/B Ratio	0.34
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.45
EV Multiple	6.49

Metric
Days Sales Outstanding	267.52
Days Payables Outstanding	134.91
Days Inventory Outstanding	59.00
Operating Cycle	334.06
Cash Conversion Cycle	334.06
Asset Turnover	0.47

Metric
Operating Cash Flow	-4.21M
Free Cash Flow	-4.21M
Cash Flow to Debt
Operating Cash Flow/Sales	-0.10
Free Cash Flow Yield	-0.64

Metric
Cash & Equivalents	2.40M
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization	0.15
Debt to Assets
Current Ratio	27.77
Quick Ratio	244.02

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.08
R&D to Revenue
SG&A to Revenue	0.48