Flexible Solutn Stock Price, News & Analysis

Flexible Solutions International (NYSE Amex: FSI), a developer and manufacturer of biodegradable polymers and environmentally safe technologies, has received a $2.5 million payment on July 1, 2025, for assisting in the development of a new food grade product.

The company, which specializes in products for oil extraction, detergent ingredients, water treatment, and crop nutrient availability chemistry, may receive additional payments for this development work in future quarters. Additionally, FSI's NCS division could potentially secure manufacturing contracts for the newly developed product.

CEO Dan O'Brien expressed optimism about the R&D revenue and highlighted the company's focus on establishing long-term production relationships as a food grade manufacturer.

Flexible Solutions International (FSI) reported its Q1 2025 financial results, showing decreased performance compared to the previous year. Revenue declined 19% to $7.47 million from $9.22 million in Q1 2024. The company reported a net loss of ($277,734) or ($0.02) per share, compared to a net income of $457,226 or $0.04 per share in Q1 2024.

The lower earnings were attributed to reduced sales volume, higher cost of goods including tariffs, and expenses related to CAPEX and Panama factory operations. Non-GAAP operating cash flow was $480,268 ($0.04 per share), down from $1.38 million ($0.11 per share) in Q1 2024. CEO Daniel O'Brien noted that customers who adjusted inventory in Q1 returned to normal order patterns in April, and ENP's lower revenue has rebounded in Q2.

Flexible Solutions International (NYSE-AMERICAN: FSI), a company specializing in biodegradable polymers and environmental technologies, has announced a $0.10 special dividend. The dividend will be paid on May 28, 2025, to shareholders of record as of May 19, 2025.

CEO Dan O'Brien emphasized that this is a one-time special dividend, not a regular payout, reflecting the company's strong financial position and continued profitability expectations. Management will continue to evaluate future dividend opportunities based on retained earnings and capital requirements for growth initiatives.

Flexible Solutions International (NYSE-AMERICAN: FSI) reported Q1 2025 financial results, showing a 20% year-over-year revenue decline from $9.2 million in Q1 2024 to $7.4 million in Q1 2025.

The revenue decrease was attributed to two main factors: inventory adjustments by two significant customers and reduced sales in the ENP division, likely due to early purchases in Q4 2024. CEO Dan O'Brien stated these coinciding factors are rare and maintained optimistic growth expectations for FY 2025.

The company, which specializes in biodegradable polymers for oil extraction, detergent ingredients, water treatment, and crop nutrient availability chemistry, will release complete financial results on May 15, 2025, followed by a conference call on May 16, 2025.

Flexible Solutions International (FSI) reported its full year 2024 financial results, showing improved performance over 2023. The company achieved a net income of $3,038,529 ($0.24 per share), up from $2,775,864 ($0.22 per share) in 2023. While sales slightly decreased to $38,234,860 from $38,324,806, operating cash flow significantly improved to $7,082,952 ($0.57 per share) compared to $4,604,320 ($0.37 per share) in 2023.

The company noted a temporary loss of $385,000 related to the sale of units in their Florida FSI's NanoChem division and ENP subsidiary remain the primary revenue drivers, with expanding opportunities in detergent, water treatment, oil field extraction, turf, ornamental, agricultural use, and emerging prospects in food and nutrition supplement manufacturing markets.

Flexible Solutions International (FSI) has signed a significant new contract with a US-based company for food grade manufacturing. The five-year contract, signed on January 7, 2025, includes automatic renewals for up to five additional five-year terms, unless either party provides notice of non-renewal 180 days before term end.

The contract is expected to generate annual revenue between $15 million and $30 million or more. Revenue generation is anticipated to begin in approximately six months, following the expansion of clean room space and installation of necessary equipment at FSI's Illinois facility.

This non-exclusive agreement represents FSI's strategic expansion into the food grade market, building upon their existing portfolio in biodegradable polymers for oil extraction, detergent ingredients, water treatment, and crop nutrient availability chemistry.

Flexible Solutions International (FSI), a developer of biodegradable polymers and environmental technologies, has reported its Q4 and full-year 2024 revenue figures. The company experienced a 3% year-over-year decline in Q4 revenue, dropping from $9.43 million in Q4 2023 to $9.15 million in Q4 2024. Full-year revenue showed minimal change, slightly decreasing from $38.3 million in 2022 to $38.2 million in 2023.

CEO Dan O'Brien attributed Q4 weakness to international agriculture market conditions but expressed optimism for improvement in 2025. Complete financial results will be released after market close on March 31, 2025, followed by a conference call on April 1, 2025.

Flexible Solutions International (FSI) reported strong Q3 2024 financial results with sales of $9.3 million, up 7% from $8.7 million in Q3 2023. Net income reached $611,858 ($0.05 per share) compared to a net loss of $(718,161) ($(0.06) per share) in Q3 2023. The company's 9-month operating cash flow improved to $5.9 million ($0.47 per share) from $3.3 million ($0.26 per share) in 2023. The NanoChem division and ENP subsidiary remain the main revenue drivers, with new opportunities emerging in food products, detergent, water treatment, and agricultural sectors.

Flexible Solutions International, Inc. (NYSE-AMERICAN: FSI), a developer and manufacturer of biodegradable polymers and environmentally friendly technologies, has announced its Q3 2024 revenue. The company reported a 6.5% year-over-year increase in top-line revenue, rising from $8.721 million in Q3 2023 to $9.287 million in Q3 2024.

FSI specializes in products for oil extraction, detergent ingredients, water treatment, crop nutrient availability, nutraceuticals, and water and energy conservation. The complete financial results will be available after market close on November 14, 2024, coinciding with the company's SEC filings. A conference call is scheduled for November 15, 2024, at 8:00 am Pacific Time (11:00 am Eastern Standard Time) to discuss the results.