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Flexible Solutions International (FSI) delivers specialty chemical innovations focused on water conservation and sustainable polymer technologies. This dedicated news hub provides investors and industry professionals with verified updates on the company's advancements in evaporation control solutions and eco-friendly chemical applications.
Access real-time announcements covering earnings disclosures, product development milestones, and strategic partnerships. Our curated collection includes regulatory filings, sustainability initiatives, and market expansion updates relevant to FSI's core operations in energy-efficient water treatments and biodegradable industrial polymers.
Key content categories span operational developments in evaporation reduction technologies, new patent filings, international distribution agreements, and environmental compliance achievements. Each update offers insights into how FSI addresses global challenges in resource conservation through scientifically validated chemical solutions.
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Flexible Solutions International (NYSE Amex: FSI), a manufacturer of biodegradable polymers and environmental technologies, reported strong Q2 2025 financial results. Revenue increased 8% to $11.37 million compared to $10.53 million in Q2 2024. Net income rose significantly to $2.03 million ($0.16 per share) from $1.29 million ($0.10 per share) year-over-year.
The company's improved performance was primarily driven by research and development services sales, though this was partially offset by higher costs of goods and tariffs. The 6-month operating cash flow reached $4.25 million ($0.34 per basic share), up from $3.85 million in 2024. FSI is strategically relocating its legacy production to Panama while expanding its food grade business in Illinois.
Flexible Solutions International (NYSE Amex: FSI) has secured a second significant food grade contract for its Illinois plant, with projected annual revenue between $6.5 million and $13 million. The five-year contract includes provisions for expansion to over $25 million in annual revenue, along with tariff and inflation protection.
Production will commence immediately without requiring additional equipment or capital improvements. Combined with the January contract, FSI's food grade production could exceed $50 million annually by 2027. The company aims to potentially double its revenue in the next 18 months through this expansion, alongside its legacy business moving to Panama and ENP operations in Illinois.
Flexible Solutions International (NYSE-AMERICAN: FSI), a manufacturer of biodegradable polymers and environmental technologies, reported Q2 2025 revenue of $11.212 million, up 6.5% from $10.529 million in Q2 2024.
The revenue growth was primarily driven by a $2.5 million payment for food grade product development, which offset weakness from several historic customers due to general business conditions, tariff uncertainty, and inventory reduction. Management expects growth in the second half of 2025, barring further economic deterioration.
Complete financial results will be released on August 14, 2025, followed by a conference call on August 15, 2025.
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.
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