Welcome to our dedicated page for Flexible Solutions International news (Ticker: FSI), a resource for investors and traders seeking the latest updates and insights on Flexible Solutions International stock.
Flexible Solutions International, Inc. (FSI) develops, manufactures, and markets specialty chemicals designed to slow the evaporation of water. The company operates through two main segments: Energy and Water Conservation Products and Biodegradable Polymers.
One of their flagship products is the liquid swimming pool blanket, marketed under the WATERSAVR brand, which helps in conserving water and energy by reducing surface evaporation. Another notable product is HEATSAVR, a chemical solution for swimming pools and spas aimed at slowing water evaporation, thus saving both water and energy.
FSI also manufactures and markets water-soluble chemicals utilizing thermal polyaspartate biopolymers, which are environmentally friendly. These polymers find applications in various industries, contributing to the company's reputation as a producer of biodegradable solutions.
The majority of FSI's revenue is generated from the export of its products to international markets, underscoring its global presence and appeal.
Recently, Flexible Solutions International has been making strides in innovation and product development, ensuring they remain at the forefront of the specialty chemicals industry. Their commitment to sustainability and resource conservation continues to attract international partnerships and customers.
For more information about Flexible Solutions International and their products, visit their official website.
Flexible Solutions International (FSI) reported a 23% year-over-year revenue increase for Q4 2021, with sales rising from $7.16 million in Q4 2020 to $8.82 million. CEO Dan O’Brien highlighted challenges such as material shortages and shipping issues but noted strong performance under these conditions. Full financial results will be released post-market on March 31, 2022, followed by a conference call on April 1, 2022.
Flexible Solutions International (FSI) reported strong Q3 results for 2021, with sales reaching $9,214,467, a 14% increase from the previous year. The net profit stood at $1,162,624, or $0.09 per share, compared to $582,369 or $0.05 per share in Q3 2020. The company's operating cash flow for the first nine months was $5,505,516, reflecting solid performance despite challenges in shipping and raw material prices. CEO Dan O'Brien indicated optimism for recovering profitability as market conditions improve.
Flexible Solutions International (FSI) reported a 14% increase in revenue for Q3 2021, generating $9.21 million compared to $8.11 million in Q3 2020. This growth reflects the company's successful push in the biodegradable polymer sector and its commitment to environmentally safe technologies. Complete financial results will be released on November 15, 2021, followed by a conference call on November 16 at 8:00 AM PT. FSI continues to innovate with products like WaterSavr and Heatsavr aimed at water and energy conservation.
Flexible Solutions International, Inc. (NYSE Amex: FSI) reported Q2 2021 sales of $8,535,451, up from $7,709,607 year-over-year. The company achieved a net profit of $1,176,761 or $0.10 per share, compared to $1,132,867 or $0.09 per share in Q2 2020. CEO Daniel O'Brien expressed confidence in maintaining growth despite rising raw material and shipping costs. The NanoChem division remains the primary revenue source, with promising opportunities in various sectors.
Flexible Solutions International (AMEX:FSI) reported a year-over-year revenue increase for the second quarter of 2021. The company's revenue rose from $7.71 million in Q2 2020 to $8.51 million in Q2 2021, marking a 10% growth. Full financial details will be disclosed on August 13, 2021, with a conference call scheduled for August 16, 2021. The company specializes in biodegradable polymers and water conservation technologies, making significant strides in environmental technology.
Flexible Solutions International (NYSE American: FSI) reports Q1 2021 financial results with revenue of $7,624,607, down from $8,429,486 in Q1 2020. However, net profit rose to $1,450,571, or $0.12 per share, compared to $1,264,675, or $0.10 per share, a year earlier. The company cites challenges from shipping difficulties and price increases affecting revenue, but anticipates recovery in Q2. Operating cash flow for the quarter was $1,513,629, a decline from $1,778,785 in the prior year. The NanoChem division remains the key revenue source as new opportunities are explored.
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.
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