FBS Global Limited (FBGL) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$2.14 +1.46% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $2.14

FBS Global Limited (FBGL) carries a Roarable Rating of E (Strong Sell) with 19/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE E • RED ALERT Cap $2.9M
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is FBGL stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-02, FBS Global Limited (NASDAQ: FBGL) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 19/100 at a spot price of $2.14 (+1.46% 1D, market cap $2.9M). Pillar breakdown: Fundamental Cash Engine 3/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 3/20, FRED Macro Regime Fit 9/20, and SEC Balance-Sheet Forensics 3/20. Across 1011 tracked Consumer Discretionary issuers, FBGL ranks #994 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does FBGL compare to ONEG and LGPS in the Consumer Discretionary sector?
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Within the Consumer Discretionary sector (Homebuilding), FBGL carries a Roarable E (19/100 RQD), trailing P/E of N/A, gross margin of 10.2%, and ROIC of -11.8%. By comparison, ONEG (OneConstruction Group Limited) holds a D grade (48/100 RQD, P/E N/A, ROIC —, cap $12.5M) and LGPS (LogProstyle Inc.) posts a D+ grade (54/100 RQD, P/E N/A, ROIC —, cap $13.9M). Among the 5-stock peer group, FBGL leads on earnings multiple (N/A) while FBGL leads on capital efficiency (-11.8% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for FBGL?
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Per FBGL's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001938534), FBS Global Limited generated $19.1M in revenue (+84.3% YoY), -$1.5M in net income, and -$3.1M in free cash flow against $20.6M in total assets and $7.3K in total debt. Key quantitative strengths: Established market leader in Consumer Discretionary with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $2.14 (+0.07%)🧬 Dilution Drag (+1.28% YoY Shares)⚙️ Cash Engine: 3/20 (E) • 0% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record Warning: Scores below 50 (19/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-12.0% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERRED ALERT • E
025507510019
3-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk E
Cash (3)Whales (3)SEC (3)Macro (9)CEO (3)
Each axis scored 0–20
12M PRICE TARGET CONE-17.8% Base Target
$15 Bull$2 Base$1 Bear
📬 FREE FBGL RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for FBGL)Realized 20D OHLCV Swing Band: ±12.5%
Deterministic 5-Pillar Attribution (19/100 Composite)
🔍 WHY FBGL SCORES 19/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Macro Regime Fit+9/20 pts (47% of score)

FRED Regime × Technicals: 2% of 52W Range • RSI-14 at 31 (OVERSOLD (<32))

▲ #2 Bullish Driver: Cash Engine Quality+4/20 pts (21% of score)

SEC XBRL FY 2025 (10-K): 0% FCF Margin ($0 FCF) & 10.2% Gross Margin

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+1.28% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
27
Grade E$3.46-25.7% Next Q
Q2 (-2Q)
24
Grade E$2.57-12.8% Next Q
Q3 (-1Q)
22
Grade E$2.24-4.5% Next Q
Current
19
Grade E$2.14-12% Hist 90D α
Trajectory: E (27) → E (19)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a FBGL Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While FBGL currently carries a cautious 19/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Consumer Discretionary with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($3.45) and Max Pain ($2.25) forces dealer call-delta covering toward $14.70.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.28% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $FBGL• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “FBGL Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How FBGL Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)
Revenue$19.1MGross Profit $1.9M (10.2%)Cost of Sales $17.2MOp Profit $0 (0%)OpEx (R&D/SG&A) $1.9MNet Profit$0 (0%)Tax/Other $0

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $16.1M
FY24
Rev $10.4M
FY25
Rev $19.1M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$19.1M10.2%-7.5%-$1.5M-$3.1M-11.8%
FY 2024$10.4M9%-7%-$610.8K-$147.9K-45%
FY 2023$16.1M10.2%-0.2%$3.5K$2.7M-11.8%
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring FBGL)

  • ✓Walkthrough of FBGL's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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FBGL // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -64.69%🛡️ HOLDING TREND SUPPORT
2026-11-02O $2.11H $2.14L $2.11C $2.14VOL 5.8K
RES: $6.08SUP: $1.83SMA50: $3.45SMA200: $5.72
$7.50$6.02$4.54$3.06$1.58RES $6.08SUP $1.83$2.142026-05-042026-06-172026-08-042026-09-172026-11-02
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

FBGL Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
8.0%/yr Implied 5Y Growth

vs. +84.3% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on FBGL today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for FBGL. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for FBGL today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (FBGL)

Consumer Discretionary Rank #994 of 1011 ⚔️ ONEG vs FBGL Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (FBGL vs. ONEG, LGPS, LRE, SPHL)

Industry: Homebuilding (31 Tracked Issuers)

Across 1011 tracked Consumer Discretionary securities in the Roarable RQD universe, FBS Global Limited (FBGL) ranks #994 by composite RQD confidence (19/100, grade E) and #986 by equity capitalization ($2.9M). Within this direct 5-issuer industry benchmark cohort, FBGL leads on earnings valuation at N/A trailing P/E, while FBGL leads on capital efficiency and profitability with -11.8% ROIC and 10.2% gross margin. LGPS currently holds the highest overall quantitative score in the immediate peer group at 54/100 (D+) compared with FBGL at 19/100 (E).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
FBGL ACTIVE
FBS Global Limited
E 19/100 — 10.2% -11.8% +1.46% $2.9M Benchmark Subject
ONEG
OneConstruction Group Limited
D 48/100 — -14.4% — -3.32% $12.5M /oneg-vs-fbgl →
LGPS
LogProstyle Inc.
D+ 54/100 — — — -1.67% $13.9M /lgps-vs-fbgl →
LRE
Lead Real Estate Co. Ltd
D 49/100 — — — -0.01% $15.3M /lre-vs-fbgl →
SPHL
Springview Holdings Ltd (Class A)
D- 36/100 — 13.7% -27.0% -8.99% $29.8M /sphl-vs-fbgl →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001938534

In its most recent audited fiscal period (FY2025, filed 2025-12-31), FBS Global Limited (FBGL) reported GAAP revenue of $19.1M (+84.3% vs. FY2024 revenue of $10.4M , and +18.6% cumulative change since FY2023) , GAAP net income of -$1.5M, operating cash flow of -$3.0M, and free cash flow of -$3.1M (-1997.3% YoY). On the balance sheet, FBGL closed FY2025 with $20.6M in total assets against $7.3K in total debt (Altman Z-Score: 1.22, Piotroski F-Score: 3/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $19.1M -$1.5M -$3.0M -$3.1M $20.6M $7.3K
FY2024 (FY) 2024-12-31 $10.4M -$610.8K -$91.6K -$147.9K $11.8M $99.4K
FY2023 (FY) 2023-12-31 $16.1M $3.5K $2.7M $2.7M — —

3. FBGL Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is FBGL stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-02, FBS Global Limited (NASDAQ: FBGL) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 19/100 at a spot price of $2.14 (+1.46% 1D, market cap $2.9M). Pillar breakdown: Fundamental Cash Engine 3/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 3/20, FRED Macro Regime Fit 9/20, and SEC Balance-Sheet Forensics 3/20. Across 1011 tracked Consumer Discretionary issuers, FBGL ranks #994 in composite RQD confidence.

How does FBGL compare to ONEG and LGPS in the Consumer Discretionary sector?

Within the Consumer Discretionary sector (Homebuilding), FBGL carries a Roarable E (19/100 RQD), trailing P/E of N/A, gross margin of 10.2%, and ROIC of -11.8%. By comparison, ONEG (OneConstruction Group Limited) holds a D grade (48/100 RQD, P/E N/A, ROIC —, cap $12.5M) and LGPS (LogProstyle Inc.) posts a D+ grade (54/100 RQD, P/E N/A, ROIC —, cap $13.9M). Among the 5-stock peer group, FBGL leads on earnings multiple (N/A) while FBGL leads on capital efficiency (-11.8% ROIC).

What are the biggest fundamental strengths and SEC risk factors for FBGL?

Per FBGL's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001938534), FBS Global Limited generated $19.1M in revenue (+84.3% YoY), -$1.5M in net income, and -$3.1M in free cash flow against $20.6M in total assets and $7.3K in total debt. Key quantitative strengths: Established market leader in Consumer Discretionary with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is FBGL trading relative to its 50-day, 200-day, and 52-week technical levels?

FBGL last traded at $2.14 (+1.46% on volume of 5,774 shares), positioning the stock -37.97% below its 50-day simple moving average ($3.45) and -62.59% below its 200-day simple moving average ($5.72). Across its 52-week range of $2.04 to $14.00, FBGL sits at the 0.8% percentile with a 14-day RSI of 31.0 (OVERSOLD (<32)) and an implied next-earnings move of ±12.5% ($1.87 to $2.41).

FBGL Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is FBS Global Limited (FBGL)?

In FY 2025 (10-K), FBGL converted $19.1M of revenue into a 10.2% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).

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