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Flexible Solutions International, Inc. reports developments in specialty chemicals, biodegradable polymers, and water and energy conservation technologies. The company’s NanoChem Solutions Inc. subsidiary produces water-soluble products based on thermal polyaspartate biopolymers for uses including oil extraction, detergent ingredients, water treatment, scale inhibition, and crop enhancement.
FSI news commonly covers revenue releases, annual and quarterly financial results, conference-call updates, production activity, and facility changes tied to its Illinois food-grade operations and Panama agriculture and industrial products factory. Company updates also address crop nutrient availability chemistry, food and nutrition supplement manufacturing, and water-conservation products for drinking water, agriculture, industrial markets, and swimming pools.
Flexible Solutions International (NYSE American: FSI) reported a 10% decrease in Q1 2021 revenues, dropping from $8.429 million in Q1 2020 to $7.623 million. The decline was attributed to shipping constraints that caused revenue to shift from Q1 to Q2. Despite this setback, CEO Dan O'Brien expressed optimism for the full year, anticipating overall growth in 2021. Comprehensive financial results are expected on May 14, 2021, with a conference call scheduled for May 17, 2021.
Flexible Solutions International (NYSE-AMERICAN:FSI) has made a strategic investment in Lygos Inc, targeting the development of sustainable aspartic acid through synthetic biology. CEO Dan O'Brien emphasized the company's commitment to sustainability, while Lygos CEO Dr. Eric Steen highlighted their expertise in organic acid biosynthesis. This partnership aims to advance eco-friendly products in both consumer and industrial sectors.
Flexible Solutions International (FSI) reported significant growth in its Q4 2020 revenue, achieving $7.15 million compared to $4.79 million in Q4 2019, marking an increase of approximately 49% year-over-year. CEO Dan O'Brien attributed this success to the team's hard work during challenging pandemic conditions. Full financial results will be released after the market closes on March 31, 2021, followed by a conference call on April 1, 2021. FSI specializes in biodegradable polymers and water conservation technologies.
Flexible Solutions International (NYSE-AMERICAN: FSI) reported a year-over-year revenue increase for Q3 2020, with sales rising from $7.40 million in Q3 2019 to $8.11 million, reflecting a 10% growth. CEO Dan O'Brien expressed satisfaction with the results and emphasized ongoing efforts to sustain momentum. Full financial results will be disclosed after market close on November 13, 2020, ahead of a conference call scheduled for November 16, 2020. The company's focus includes biodegradable polymers for various applications, enhancing its environmental technology portfolio.