Flexible Solutions International (FSI)
XASE:FSI
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Flexible Solutions International
(NYSE MKT:FSI)
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Rating:61Neutral
Price Target:
$6.00
▲(8.70% Upside)
Action:ReiteratedDate:11/18/25
Flexible Solutions International's overall stock score is driven by solid financial performance and positive earnings call guidance. However, technical analysis indicates bearish momentum, and the high valuation suggests limited upside potential. Addressing cash flow challenges and achieving projected profitability improvements are crucial for future growth.
Positive Factors
Diversified eco-friendly product portfolio
FSI's broad portfolio of biodegradable polymers serves water treatment, oil recovery and agriculture, creating multiple end-market revenue streams. This diversification and sustainability focus supports durable demand, reduces single-market risk, and aids long-term resilience as regulators and customers favor eco-friendly inputs.
Negative Factors
Negative free cash flow and weak cash conversion
Persistent negative free cash flow and a -0.43 FCF/net income ratio indicate the business is not converting reported profits into cash efficiently. This pressures the company’s ability to self-fund capex, factory ramps, and working capital without external financing, raising medium-term liquidity risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified eco-friendly product portfolio
FSI's broad portfolio of biodegradable polymers serves water treatment, oil recovery and agriculture, creating multiple end-market revenue streams. This diversification and sustainability focus supports durable demand, reduces single-market risk, and aids long-term resilience as regulators and customers favor eco-friendly inputs.
Read all positive factors
Flexible Solutions International (FSI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$68.91M
Dividend YieldN/A
Average Volume (3M)13.71K
Price to Earnings (P/E)―
Beta (1Y)1.63
Revenue Growth0.18%
EPS Growth-54.25%
CountryUS
Employees45
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)0.02
Shares Outstanding12,737,498
10 Day Avg. Volume10,887
30 Day Avg. Volume13,709
Financial Highlights & Ratios
PEG Ratio1.63
Price to Book (P/B)1.18
Price to Sales (P/S)1.18
P/FCF Ratio74.49
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue1.77
Enterprise Value/Gross Profit5.43
Enterprise Value/Ebitda10.38
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.5
Revenue Forecast (FY)$62.30M
Flexible Solutions International Business Overview & Revenue Model
Company Description
Flexible Solutions International, Inc., together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segme...
How the Company Makes Money
Flexible Solutions International generates revenue primarily through the sale of its proprietary biodegradable products and solutions. The company has established key revenue streams from its diverse product lines, which include water treatment ch...
Flexible Solutions International Earnings Call Summary
Earnings Call Date:Nov 14, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 18, 2026
Earnings Call Sentiment Neutral
The call highlighted significant positive developments, such as increased sales revenue, new food contracts, and the completion of the Panama factory. However, these were balanced by notable challenges, including a quarterly loss, agricultural market weaknesses, and tariff impacts.Positive Updates
Increase in Sales Revenue
Sales for the quarter were up 13% compared to the 2024 period, with $10.56 million versus $9.31 million.
Negative Updates
Quarterly Loss
Recorded a loss of $503,000 or $0.04 a share in Q3 2025, compared to a gain of $612,000 or $0.05 a share in Q3 2024, due to costs associated with new contracts and the Panama factory.
Read all updates
Q3-2025 Updates
Positive
Negative
Increase in Sales Revenue
Sales for the quarter were up 13% compared to the 2024 period, with $10.56 million versus $9.31 million.
Read all positive updates
Company Guidance
During Flexible Solutions International's Third Quarter 2025 Financials Conference Call, CEO Dan O'Brien provided guidance on the company's recent contracts and financial performance. The company announced the successful execution of a five-year food-grade contract, generating a minimum of $6.5 million annually, with potential revenues exceeding $25 million. Production for this contract commenced in late Q3, reaching over $1 million in revenue by early Q4. The company anticipates significant capital expenditures, with up to $4 million allocated for equipment and plant improvements. Flexible Solutions is focusing on its NanoChem and ENP divisions, with the former contributing the majority of revenue and the latter showing strong performance in Q3, expected to continue into Q4. Despite a Q3 loss of $503,000, the company foresees a return to profitability in Q1 2026 as food product revenues increase. The company is also nearing the completion of a new factory in Panama, aimed at reducing costs and enhancing international sales, with production expected to begin in late Q4 2025.Flexible Solutions International Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
70
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Dec 2023 | Mar 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 38.56M | 38.23M | 38.32M | 45.84M | 34.42M | 31.41M |
| Gross Profit | 12.53M | 13.24M | 10.34M | 13.87M | 11.40M | 9.77M |
| EBITDA | 6.56M | 5.52M | 5.86M | 9.48M | 8.08M | 6.64M |
| Net Income | 1.93M | 3.04M | 2.78M | 7.02M | 3.45M | 2.98M |
Balance Sheet | ||||||
| Total Assets | 58.35M | 59.97M | 55.47M | 51.59M | 39.55M | 35.09M |
| Cash, Cash Equivalents and Short-Term Investments | 9.87M | 10.03M | 7.71M | 6.82M | 6.74M | 4.47M |
| Total Debt | 7.64M | 10.81M | 10.04M | 9.14M | 4.88M | 6.45M |
| Total Liabilities | 15.36M | 18.60M | 17.20M | 16.35M | 11.85M | 11.32M |
| Stockholders Equity | 38.97M | 38.03M | 35.20M | 32.63M | 25.10M | 21.21M |
Cash Flow | ||||||
| Free Cash Flow | -2.35M | 603.61K | 2.00M | -504.40K | 3.75M | 4.63M |
| Operating Cash Flow | 3.05M | 5.57M | 6.99M | 1.48M | 4.54M | 5.71M |
| Investing Cash Flow | -2.37M | -2.45M | -5.67M | -2.22M | -659.54K | -3.22M |
| Financing Cash Flow | -3.08M | -978.33K | -437.95K | 848.33K | -1.71M | -2.70M |
Flexible Solutions International Technical Analysis
Negative
5.52
Price Trends
5.50
Negative
6.10
Negative
6.99
Negative
Market Momentum
-0.04
Negative
48.23
Neutral
56.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FSI, the sentiment is Negative. The current price of 5.52 is above the 20-day moving average (MA) of 5.42, above the 50-day MA of 5.50, and below the 200-day MA of 6.99, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 48.23 is Neutral, neither overbought nor oversold. The STOCH value of 56.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FSI.
Flexible Solutions International Risk Analysis
Flexible Solutions International disclosed 15 risk factors in its most recent earnings report. Flexible Solutions International reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Flexible Solutions International Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $202.65M | 15.33 | 7.26% | ― | -16.59% | -47.02% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | $68.91M | -60.48 | 4.98% | ― | 0.18% | -54.25% | |
60 Neutral | $370.62M | 16.09 | 6.00% | ― | -8.00% | -35.86% | |
53 Neutral | $66.22M | -4.53 | 71.64% | ― | 11013.00% | 39.85% | |
51 Neutral | $75.94M | -597.73 | 0.02% | 1.33% | -0.97% | -99.67% |
* Basic Materials Sector Average
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Flexible Solutions International Corporate Events
Business Operations and StrategyFinancial Disclosures
Flexible Solutions Reports Q3 2025 Financial Results
Neutral
Nov 17, 2025
Flexible Solutions International announced its financial results for the third quarter of 2025, reporting a 13% increase in sales compared to the same period in 2024, with revenues reaching $10.56 million. Despite this growth, the company experien...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.