FSI ANNOUNCES THE COMPANY HAS TRADED EQUITY IN THE FLORIDA LLC FOR EXCLUSIVE PRODUCT RIGHTS
Rhea-AI Summary
Flexible Solutions (NYSE American: FSI) traded its remaining 19.9% stake in FL LLC for perpetual, exclusive rights to make and sell four agricultural products and their IP in markets south of the Mexico/US border, including Central America, South America and the Caribbean.
The prior August 12, 2024 deal sold 30.1% of FL LLC for $2 million plus five annual $800,000 payments, which the acquirer has been unable to fund. Management expects meaningful revenue progress from these products in the second half of 2026.
Positive
- Perpetual exclusive rights to 4 agricultural products and related IP in Latin America and Caribbean
- Monetized 30.1% of FL LLC in 2024 for $2 million plus planned five $800,000 payments
- Management targets significant revenue progress from these products in second half of 2026
Negative
- Acquirer of FL LLC stake has been unable to fund agreed annual $800,000 payments
- Company exchanged remaining 19.9% FL LLC equity, reducing direct ownership in that entity
- Management notes full revenue recovery from FL LLC-related products will not be immediate
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 15 | Q1 2026 earnings | Neutral | -3.9% | Reported higher Q1 2026 revenue but a small net loss and improved cash flow. |
| Apr 21 | Q1 revenue pre-release | Positive | +9.2% | Announced about 11% year-over-year Q1 revenue growth ahead of full results. |
| Apr 15 | 2025 full-year earnings | Mixed | +5.9% | Flat 2025 revenue with sharply lower net income amid expansion investments. |
| Mar 31 | financials delay notice | Negative | -0.6% | Announced delay in releasing audited 2025 financial statements pending tax input. |
| Jan 26 | Panama factory start | Positive | -0.2% | Begun production at new Panama factory to handle international ag and polymer output. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news events showed both positive and negative single-day moves, with no consistent reaction pattern evident.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TABER, ALBERTA, July 03, 2026 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. In addition, FSI is increasing its presense in the food and nutrition supplement manufacturing markets. Today, the Company announces that it has traded the remaining
On August 12th, 2024 the Company sold
As a result, the Company has been granted the perpetual, exclusive rights to 4 agricultural products and the IP of those products in the territory. The territory is defined as South of the Mexico/US border including all of Central America, South America and the Caribbean.
Mr. Dan O’Brien, CEO, comments, “We have been making these products for these countries for a decade and believe that now that we have sales rights for them, lost sales can be recovered and the historic revenue we saw from the FL LLC investment can be realized again.” Mr. O’Brien continues, “Full revenue recovery will not be immediate but we feel that significant progress will be made in the second half of 2026.”
About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Taber, Alberta, is an environmental technology company. The Company’s NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. Along with TPA, this division started producing other crop enhancement products as well. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world.
Safe Harbor Provision
The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
Flexible Solutions International
6001 54th Ave, Taber, Alberta, CANADA T1G 1X4
Company Contacts
Jason Bloom
Toll Free: 800.661.3560
Fax: 403.223.2905
Email: info@flexiblesolutions.com
To find out more information about Flexible Solutions and our products please visit www.flexiblesolutions.com
If you have received this news release by mistake or if you would like to be removed from our update list please reply to: info@flexiblesolutions.com
