ACCESS Newswire·Nov 11, 2026, 8:30 AM ET

FG Communities Holdings Announces Third Quarter 2026 Financial Results and Provides Update on Execution of Real Estate Strategy

FG Communities Holdings Inc. filed its Form 10-Q for the third quarter ended September 30, 2026, with the SEC.
The company ended the quarter with $35.1 million in cash & $55.3 million in stockholders' equity.
During the third quarter, the company invested $10 million in FG Communities, Inc., a separately operated private manufactured housing company.
In October 2026, the company completed its first two direct manufactured housing acquisitions in Garner & Mars Hill, North Carolina.
The acquired communities comprise a total of 78 homesites: 49 in Garner on 59 acres & 29 in Mars Hill on 19 acres.
Share repurchases totaled approximately $22.8 million for common stock & $7.2 million for preferred stock during the nine months ended September 30, 2026.
Cumulative common stock repurchases reached approximately 48% & preferred stock repurchases reached approximately 33% of the authorized programs.
Revenue from continuing operations for the three months ended September 30, 2026, was $232,000, down from $251,000 in the prior year.
The company reported a net loss of $355,000 for the third quarter 2026, compared to a net loss of $3.4 million in the same period in 2025.
Total assets as of September 30, 2026, were $59.8 million & total liabilities were $4.5 million.
Future acquisitions may be funded through cash on hand, debt financing, or common stock issuances based on market conditions.