FSI · Flexible Solutions International Inc · Financials

$6.27 +0.12 (+1.95%) At close · Nov 4 Q1 2024 earnings call transcript

Market Cap

$80.08M

12.77M

Volume · Nov 4 9288 Avg daily vol (3M) 14.61K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Pull these statements through the financial statements API or MCP →

Revenue

$38.52M +0.7%

FY2025

Net Income

$786.89K -74.1%

FY2025

Gross Margin

32.56% -2.1pp

FY2025

Operating Margin

11.95% -2.5pp

FY2025

Diluted EPS

$0.06 -75%

FY2025

Operating Cash Flow

$3.78M -32.1%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Revenue	-5.6%	+4.2%	+9.3%	$35.58M	$38.52M	$38.23M	$38.32M	$45.84M	$34.42M	$31.41M	$27.44M	$17.83M	$15.49M	$16.25M	$15.9M	$15.91M	$15.8M	$16.4M	$15.52M	$11.49M
Cost of Revenue	-6.7%	+3.7%	+10.4%	$28.78M	$25.98M	$24.99M	$27.88M	$31.97M	$23.02M	$21.64M	$18.82M	$12.19M	$9.51M	$9.26M	$9.7M	$10.77M	$11.27M	$11.13M	$9.66M	$7.02M
Gross Profit	-3.3%	+5.1%	+7.3%	$6.8M	$12.54M	$13.24M	$10.44M	$13.87M	$11.4M	$9.77M	$8.62M	$5.64M	$5.99M	$6.99M	$6.2M	$5.14M	$4.53M	$5.27M	$5.86M	$4.47M
Gross Margin	—	—	—	—	32.56%	34.63%	27.25%	30.25%	33.11%	31.1%	31.42%	31.62%	38.63%	43.02%	39.01%	32.31%	28.67%	32.15%	37.73%	38.93%
Research & Development	+83.7%	+49.9%	+20.5%	$565.72K	$615.29K	$329.95K	$158.25K	$99.28K	$116.41K	$81.42K	$123.66K	$135.93K	$98.93K	$95.1K	$95.27K	$134.98K	$123.77K	$68.25K	$73.2K	$70.99K
Selling & Marketing	—	—	—	—	—	$218.27K	$194.31K	$182.61K	$172.19K	$197.2K	$159.69K	$68.49K	$18.26K	$21.2K	$34.45K	$36.05K	$25.05K	$63.88K	$105.62K	$92.05K
Selling, General & Administrative	—	—	—	—	$3.64M	$2.85M	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Amortization of Intangibles	0.0%	+57.6%	—	—	$160K	$160K	$160K	$160K	$4110	$16.44K	$16.44K	$16.44K	$16.44K	$15.62K	—	—	—	—	—	—
Depreciation & Amortization	+15.4%	+18.2%	+13.3%	$2.08M	$1.97M	$1.96M	$1.69M	$1.28M	$965.94K	$851.67K	$620.26K	$342.56K	$270.18K	$524.46K	$562.47K	$771.39K	$1.28M	$1.25M	$330.94K	—
Total Operating Expenses	+5.2%	+7.0%	+7.5%	$7.74M	$7.94M	$7.72M	$6.94M	$6.82M	$5.91M	$5.65M	$6.71M	$4.33M	$4.47M	$3.9M	$3.85M	$4.48M	$5.42M	$5.31M	$4.55M	$3.97M
Operating Income	-13.3%	+2.2%	+6.9%	-$933.97K	$4.6M	$5.52M	$3.5M	$7.05M	$5.48M	$4.12M	$1.91M	$1.31M	$1.51M	$3.09M	$2.35M	$660.78K	-$894.36K	-$34.07K	$1.31M	$500.1K
Operating Margin	—	—	—	—	11.95%	14.43%	9.14%	15.38%	15.93%	13.11%	6.95%	7.33%	9.75%	18.99%	14.78%	4.15%	-5.66%	-0.21%	8.43%	4.35%
EBITDA	-7.6%	+5.7%	+8.5%	$1.14M	$6.57M	$7.47M	$5.19M	$8.33M	$6.45M	$4.97M	$2.53M	$1.65M	$1.78M	$3.61M	$2.91M	$1.43M	$384.89K	$1.21M	$1.64M	—
Interest Expense	—	—	—	—	—	—	$498.67K	$292.95K	$199.93K	$260.66K	$428.37K	$93.65K	$44.13K	$41.7K	$55.77K	$94.89K	$109.2K	$128.41K	$95.75K	$77.22K
Interest Income	—	—	—	—	—	—	—	—	$78K	$53.1K	$80.73K	$36.84K	$913	$2184	$2963	—	$2000	$759	$159	—
Other Non-Operating Income	—	—	—	-$1.38M	-$1.33M	-$562.61K	$120.21K	—	—	—	—	—	—	—	—	—	—	—	—	—
Equity in Earnings of Unconsolidated Entities	—	—	—	—	$129.94K	$245.63K	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Investment Income (Loss)	-27.5%	-31.7%	—	-$9805	$129.94K	$245.63K	$505.07K	$341.42K	$507.14K	$877.36K	$323.82K	-$3281	-$84.07K	—	—	—	—	—	—	—
Pretax Income	-25.4%	-8.8%	+3.5%	-$2.32M	$3.27M	$4.95M	$3.62M	$7.86M	$6.65M	$5.19M	$2.31M	$3.05M	$3.42M	$3.08M	$2.31M	$660.78K	-$721.48K	-$31.09K	$1.31M	$500.1K
Income Tax	+83.4%	-11.0%	+1.6%	—	$899.58K	$851.21K	-$132.74K	$145.86K	$2.36M	$1.61M	$17.44K	$533.13K	$680.32K	$982.13K	$765.33K	$422.04K	-$134.72K	$1.13M	$1.15M	-$770.18K
Net Income	-51.8%	-23.4%	-6.3%	-$3.13M	$786.89K	$3.04M	$2.78M	$7.02M	$3.45M	$2.98M	$1.91M	$2.49M	$1.75M	$1.79M	$1.5M	$403.35K	$1.82M	-$1.08M	$182.99K	-$190.08K
Net Margin	—	—	—	—	2.04%	7.95%	7.24%	15.32%	10.02%	9.48%	6.97%	13.97%	11.33%	11.04%	9.46%	2.54%	11.53%	-6.61%	1.18%	-1.65%
Net Income Attributable to Noncontrolling Interests	+31.7%	+21.1%	—	$1.46M	$1.58M	$1.06M	$980.12K	$691.63K	$845.1K	$606.48K	$384.79K	-$68.55K	—	—	—	—	—	—	—	—
Comprehensive Income	-46.9%	-19.5%	+6.3%	-$3.26M	$1.05M	$3.23M	$2.79M	$6.99M	$3.55M	$3.1M	$2.14M	$1.92M	$2.19M	$1.91M	$566.45K	-$192.89K	$1.58M	-$986.76K	$105.26K	—
EPS (Basic) USD/shares	-52.8%	—	—	-$0.25	$0.06	$0.24	$0.22	$0.57	$0.28	—	—	—	$0.15	$0.16	—	—	—	-$0.08	$0.01	-$0.01
EPS (Diluted) USD/shares	-52.5%	—	—	-$0.24	$0.06	$0.24	$0.22	$0.56	$0.28	—	—	—	$0.15	$0.15	—	—	—	-$0.08	$0.01	—
Shares Outstanding (Basic Avg) shares	+0.7%	+0.7%	-0.4%	—	12.65M	12.45M	12.43M	12.38M	12.32M	12.24M	11.95M	11.63M	11.49M	11.46M	13.17M	13.17M	13.17M	13.17M	13.27M	13.96M
Shares Outstanding (Diluted Avg) shares	+2.9%	+2.0%	+0.2%	—	13.59M	12.68M	12.49M	12.47M	12.51M	12.3M	12.09M	11.82M	11.73M	11.64M	13.31M	13.17M	13.17M	13.17M	13.48M	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2011–FY2025: $2.61M in buybacks, $5.55M in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Read debt and covenant terms in your AI or your code through MCP and the API →

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balance	As of	Amount	Source
Long-term debt, including current maturities	2026-06-30	USD 4,243,238	10-Q filed 2026-08-14
Related accounting measures — not additional borrowing Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year. Current portion of line of credit borrowings USD 1,685,902 Current portion of long-term debt USD 429,685 Noncurrent debt carrying amount USD 3,813,553
Operating lease liabilities	2026-06-30	USD 4,170,996	10-Q filed 2026-08-14
Related accounting measures — not additional borrowing Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year. Current operating lease liabilities USD 478,019 Noncurrent operating lease liabilities USD 3,692,977

Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

—

Peer median 1.44×

EV/EBIT

—

Peer median 22.12×

P/E (TTM)

—

Peer median 20.57×

Price/Sales (TTM)

2.25×

Peer median 1.48×

Price/Book

2.16×

Peer median 1.32×

Peer medians compare against the 25 similar-size Specialty Chemicals companies (of 69 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Segment	$38,515,058	$38,234,860	$38,324,806	$45,840,469	$34,416,335	—
Corporate And Other	—	—	—	—	—	$31,407,454

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
United States and Abroad	$37,694,123	$37,834,167	$37,568,962	$45,288,346	$33,890,435	$30,844,828
Canada	$820,935	$400,693	$755,844	$552,123	$525,900	$562,626

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Product	$36,015,058	$38,234,860	—	—	—	—
Research and Development Services	$2,500,000	—	—	—	—	—
Shipping And Handling	$402,645	$473,843	$522,033	$433,015	$465,493	$427,920

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component	FY2025	FY2024	FY2023
Segment	$4,601,054	$5,515,406	$3,503,042

Operating Margin by Segment (%)

Component	FY2025	FY2024	FY2023
Segment	11.9%	14.4%	9.1%

Key facts CIK 1069394 CUSIP 33938T104 13F (30d) 8 filings 8 filers Visit website