FSI ANNOUNCES FIRST QUARTER, 2025 REVENUE
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 (NYSE-AMERICAN: FSI) ha riportato i risultati finanziari del primo trimestre 2025, evidenziando un calo del 20% dei ricavi su base annua, passati da 9,2 milioni di dollari nel primo trimestre 2024 a 7,4 milioni nel primo trimestre 2025.
La diminuzione dei ricavi è stata attribuita a due fattori principali: aggiustamenti delle scorte da parte di due clienti importanti e una riduzione delle vendite nella divisione ENP, probabilmente dovuta a acquisti anticipati nel quarto trimestre 2024. Il CEO Dan O'Brien ha dichiarato che questi fattori concomitanti sono rari e ha mantenuto un’ottimistica previsione di crescita per l’anno fiscale 2025.
L’azienda, specializzata in polimeri biodegradabili per l’estrazione petrolifera, ingredienti per detergenti, trattamento delle acque e chimica per la disponibilità di nutrienti nelle colture, pubblicherà i risultati finanziari completi il 15 maggio 2025, seguiti da una conference call il 16 maggio 2025.
Flexible Solutions International (NYSE-AMERICAN: FSI) informó los resultados financieros del primer trimestre de 2025, mostrando una caída del 20% en los ingresos interanuales, pasando de 9.2 millones de dólares en el primer trimestre de 2024 a 7.4 millones en el primer trimestre de 2025.
La disminución de ingresos se atribuyó a dos factores principales: ajustes de inventario por parte de dos clientes importantes y una reducción en las ventas de la división ENP, probablemente debido a compras anticipadas en el cuarto trimestre de 2024. El CEO Dan O'Brien declaró que estos factores coincidentes son poco comunes y mantuvo expectativas optimistas de crecimiento para el año fiscal 2025.
La compañía, especializada en polímeros biodegradables para la extracción de petróleo, ingredientes para detergentes, tratamiento de agua y química para la disponibilidad de nutrientes en cultivos, publicará los resultados financieros completos el 15 de mayo de 2025, seguidos de una llamada conferencia el 16 de mayo de 2025.
Flexible Solutions International (NYSE-AMERICAN: FSI)는 2025년 1분기 재무실적을 발표하며, 2024년 1분기 920만 달러에서 2025년 1분기 740만 달러로 전년 동기 대비 매출이 20% 감소했다고 밝혔습니다.
매출 감소는 두 주요 고객의 재고 조정과 ENP 부문의 판매 감소 때문으로, 이는 2024년 4분기 조기 구매에 따른 영향으로 보입니다. CEO Dan O'Brien은 이러한 요인들이 동시에 발생하는 경우는 드물며, 2025 회계연도 성장 전망은 낙관적이라고 전했습니다.
이 회사는 석유 추출용 생분해성 폴리머, 세제 성분, 수처리 및 작물 영양소 가용성 화학 분야를 전문으로 하며, 2025년 5월 15일에 완전한 재무 결과를 발표하고, 5월 16일에 컨퍼런스 콜을 진행할 예정입니다.
Flexible Solutions International (NYSE-AMERICAN : FSI) a publié ses résultats financiers du premier trimestre 2025, affichant une baisse de 20 % des revenus d’une année sur l’autre, passant de 9,2 millions de dollars au premier trimestre 2024 à 7,4 millions au premier trimestre 2025.
La diminution des revenus a été attribuée à deux principaux facteurs : des ajustements de stocks effectués par deux clients importants et une baisse des ventes dans la division ENP, probablement due à des achats anticipés au quatrième trimestre 2024. Le PDG Dan O'Brien a déclaré que ces facteurs concomitants sont rares et a maintenu des perspectives de croissance optimistes pour l’exercice 2025.
L’entreprise, spécialisée dans les polymères biodégradables pour l’extraction pétrolière, les ingrédients détergents, le traitement de l’eau et la chimie de la disponibilité des nutriments pour les cultures, publiera les résultats financiers complets le 15 mai 2025, suivis d’une conférence téléphonique le 16 mai 2025.
Flexible Solutions International (NYSE-AMERICAN: FSI) meldete die Finanzergebnisse für das erste Quartal 2025 und verzeichnete einen Umsatzrückgang von 20 % im Jahresvergleich, von 9,2 Millionen US-Dollar im ersten Quartal 2024 auf 7,4 Millionen US-Dollar im ersten Quartal 2025.
Der Umsatzrückgang wurde auf zwei Hauptfaktoren zurückgeführt: Lageranpassungen bei zwei bedeutenden Kunden und einen Rückgang der Verkäufe in der ENP-Division, vermutlich bedingt durch vorgezogene Käufe im vierten Quartal 2024. CEO Dan O'Brien erklärte, dass diese zeitgleichen Faktoren selten sind, und zeigte sich optimistisch hinsichtlich des Wachstums für das Geschäftsjahr 2025.
Das Unternehmen, das sich auf biologisch abbaubare Polymere für die Ölgewinnung, Waschmittelbestandteile, Wasseraufbereitung und Chemie zur Verfügbarkeit von Pflanzennährstoffen spezialisiert hat, wird die vollständigen Finanzergebnisse am 15. Mai 2025 veröffentlichen, gefolgt von einer Telefonkonferenz am 16. Mai 2025.
- Management maintains positive growth outlook for FY 2025
- Revenue decline attributed to temporary factors rather than fundamental business issues
- 20% year-over-year revenue decline in Q1 2025
- Significant customer inventory adjustments impacting sales
- Reduced sales in ENP division
TABER, ALBERTA, April 16, 2025 (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 first quarter (Q1), 2025 revenue.
Sales were down in Q1, 2025 compared to Q1, 2024. Flexible Solutions’ top line revenue decreased from
Mr. Dan O’Brien, CEO, comments, “Two significant customers adjusted inventory downward in the quarter, temporarily reducing sales. Our ENP division also experienced reduced sales; likely due to early buys in Q4 2024. It is rare for FSI to have several items coincide like this and we do not believe it changes our expectations for growth over FY 2025.”
Complete financial results will be available after market close on Thursday, May 15, 2025, concurrent with the Company’s SEC first quarter filings. A conference call will be scheduled for 8:00 am Pacific Time, 11:00 am Eastern Time, the following business day, Friday, May 16, 2025. See the FSI May 15, 2025 financials news release for the dial in numbers.
About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Victoria, British Columbia, 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
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FAQ
What caused FSI's 20% revenue decline in Q1 2025?
When will FSI release its complete Q1 2025 financial results?
How much revenue did FSI generate in Q1 2025 compared to Q1 2024?
What is FSI's management outlook for FY 2025 despite the Q1 revenue drop?
