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Flexible Solutions International Inc. (FSI)
:FSI
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Flexible Solutions International
(NYSE MKT:FSI)
Rating:63Neutral
Price Target:
$4.50
▼( -1.96% Downside)
Flexible Solutions International (FSI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$58.05M
Dividend YieldN/A
Average Volume (3M)25.18K
Price to Earnings (P/E)25.0
Beta (1Y)1.37
Revenue Growth-3.23%
EPS Growth-2.01%
CountryUS
Employees45
SectorBasic Materials
Sector Strength64
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.02
Shares Outstanding12,647,532
10 Day Avg. Volume30,767
30 Day Avg. Volume25,185
Financial Highlights & Ratios
PEG Ratio-1.15
Price to Book (P/B)1.44
Price to Sales (P/S)0.00
P/FCF Ratio44.17
Enterprise Value/Market Cap0.82
Enterprise Value/Revenue0.32
Enterprise Value/Gross Profit3.85
Enterprise Value/Ebitda1.71
Forecast
1Y Price Target
$9.00Price Target Upside96.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Flexible Solutions International Business Overview & Revenue Model
Company DescriptionFlexible Solutions International, Inc. (FSI) is a company specializing in the development and marketing of biodegradable polymers used in oil extraction, detergent ingredients, water treatment, and agricultural nutrient enhancement. The company operates primarily in the environmental technology sector with a focus on providing innovative solutions that reduce environmental impact while enhancing efficiency in various industrial processes.
How the Company Makes MoneyFSI makes money through the sale of its proprietary biodegradable polymer products. These products are designed to improve efficiency and reduce environmental impact in industries such as oil extraction, agriculture, and water treatment. Key revenue streams for FSI include sales to industrial customers and partnerships with companies that integrate FSI's polymers into their own products. The company's earnings are bolstered by its ability to provide cost-effective, sustainable solutions that meet increasing regulatory and consumer demands for environmentally friendly practices.
Flexible Solutions International Financial Statement Overview
Summary
Flexible Solutions International demonstrates a stable financial position with improved gross profit margins and reduced leverage. While operational efficiency is noted, cash flow analysis reveals challenges in income conversion to cash, indicating potential future cash management issues.Income Statement
Flexible Solutions International has demonstrated stable revenue with a slight decrease from 2023 to 2024. The gross profit margin improved significantly in 2024, reflecting better cost management. However, net profit margin slightly decreased, suggesting increased expenses or taxes. EBIT and EBITDA margins show healthy operational efficiency, although they remain below those of previous years.65
Positive
Balance Sheet
The balance sheet indicates strong equity growth with a healthy equity ratio, suggesting financial stability. The debt-to-equity ratio has improved, reflecting better leverage management. Return on equity shows satisfactory profitability, but there's room for improvement compared to earlier years.72
Positive
Cash Flow
Operating cash flow remains strong, although there's a notable decline from the previous year. Free cash flow has grown positively after previous negative periods, indicating improved cash management. However, the operating cash flow to net income ratio suggests some inefficiencies.60
Neutral
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 36.48M | 38.23M | 38.32M | 45.84M | 34.42M | 31.41M | Gross Profit |
| 12.37M | 13.24M | 10.34M | 13.87M | 11.40M | 9.77M | EBIT |
| 4.86M | 5.52M | 3.00M | 7.05M | 5.48M | 4.12M | EBITDA |
| 6.06M | 5.52M | 5.86M | 9.48M | 8.08M | 6.64M | Net Income Common Stockholders |
| 2.30M | 3.04M | 2.78M | 7.02M | 3.45M | 2.98M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 9.65M | 10.03M | 7.71M | 6.82M | 6.74M | 4.47M | Total Assets |
| 61.69M | 59.97M | 55.47M | 51.59M | 39.55M | 35.09M | Total Debt |
| 1.63M | 10.81M | 10.04M | 9.14M | 4.88M | 6.45M | Net Debt |
| -8.01M | 3.18M | 5.02M | 3.02M | -825.54K | 2.97M | Total Liabilities |
| 19.92M | 18.60M | 17.20M | 16.35M | 11.85M | 11.32M | Stockholders Equity |
| 38.42M | 38.03M | 35.20M | 32.63M | 25.10M | 21.21M |
| Cash Flow | Free Cash Flow | ||||
| 1.26M | 603.61K | 2.00M | -504.40K | 3.75M | 4.63M | Operating Cash Flow |
| 6.10M | 5.57M | 6.99M | 1.48M | 4.54M | 5.71M | Investing Cash Flow |
| -2.64M | -2.45M | -5.67M | -2.22M | -659.54K | -3.22M | Financing Cash Flow |
| -571.13K | -978.33K | -437.95K | 848.33K | -1.71M | -2.70M |
Flexible Solutions International Technical Analysis
Positive
4.59
Price Trends
4.25
Positive
4.81
Negative
4.13
Positive
Market Momentum
0.10
Negative
63.84
Neutral
53.26
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FSI, the sentiment is Positive. The current price of 4.59 is above the 20-day moving average (MA) of 4.04, above the 50-day MA of 4.25, and above the 200-day MA of 4.13, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 63.84 is Neutral, neither overbought nor oversold. The STOCH value of 53.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
Overall Rating
UnderperformOutperform
Sector (50)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $58.05M | 24.97 | 6.19% | ― | -3.23% | -2.01% | |
63 Neutral | $68.50M | 18.76 | 5.51% | 3.04% | 2.11% | -17.52% | |
52 Neutral | $4.65M | ― | -160.41% | ― | 40.15% | 94.78% | |
50 Neutral | $1.99B | -1.06 | -21.34% | 3.71% | 2.03% | -30.65% | |
48 Neutral | $8.34M | ― | -34.69% | ― | -74.50% | 7.21% | |
45 Neutral | $74.89M | ― | -24.43% | ― | -17.27% | -112.62% | |
38 Underperform | $48.57M | ― | -449.80% | ― | 5.45% | -155.56% |
* Basic Materials Sector Average
Performance Comparison
FSI
Flexible Solutions International
4.59
2.48
117.54%
GURE
Gulf Resources
0.62
-0.99
-61.49%
NTIC
Northern Technologies International
7.23
-10.46
-59.13%
ALTO
Alto Ingredients
0.97
-0.52
-34.90%
SNES
SenesTech
2.62
-4.78
-64.59%
LOOP
Loop Industries
1.02
-1.53
-60.00%
Flexible Solutions International Earnings Call Summary
Earnings Call Date:May 15, 2025
(Q1-2025)
| % Change Since: 9.03%|
Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment Neutral
The call presented a mixed outlook. While there were promising developments with new products and factory expansions, significant revenue decline and challenges with tariffs and expenses highlight areas of concern.Q1-2025 Updates
Positive Updates
Successful Launch of New Food-Grade Product
A new food-grade product was announced in January, requiring $4 million in CapEx for new equipment and clean room. Revenue could begin in Q4 2025, potentially reaching $30 million per year by 2026.
Panama Factory Development
A new factory in Panama will produce nearly all international sales products, reducing exposure to U.S. tariffs and shipping times. Expected to begin production in Q3 2025.
ENP Division Growth
Expected growth in the ENP division in the second half of 2025, focusing on greenhouse, turf, and golf markets.
Long-term Debt Reduction
Long-term debt is being paid down, with the ENP division loan paid in full by June 2025, freeing up over $2 million in cash flow per year for other purposes.
Negative Updates
Significant Revenue Decline
Q1 2025 sales were down 19% compared to 2024 ($7.47 million vs. $9.22 million) resulting in a loss of $278,000 or $0.02 per share compared to a gain of $457,000 or $0.04 per share in Q1 2024.
Tariff and Agricultural Challenges
U.S. agricultural products are pressured by tariffs, with China's 125% tariff impacting sales. Current tariffs on raw materials from China range from 30% to 58.5%.
Increased Operating Expenses
Expenses related to preparing for new revenue streams and Panama factory development impacted Q1 profits and are expected to continue affecting Q2 and Q3.
Company Guidance
During the first quarter financial call for Flexible Solutions International, CEO Dan O'Brien provided guidance on several key metrics and future expectations. The NanoChem division, which accounts for approximately 70% of the company's revenue, continues to focus on products like thermal polyaspartic acid (TPA), SUN 27, and N Savr 30. The company anticipates significant capital expenditures (CapEx) of around $4 million for equipment and plant improvements to support a new food-grade contract, with potential revenue reaching $30 million per year by the start of 2026. Additionally, the company is developing a new factory in Panama, expected to begin production in Q3 2025, which aims to reduce shipping times and avoid U.S. tariffs. Despite a 19% decrease in sales compared to the previous year, with Q1 2025 sales at $7.47 million, the company expects improvement in subsequent quarters, supported by strong cash flow and no need for equity financing. Operating cash flow for Q1 2025 was $480,000, down from $1.38 million in 2024, and the company plans to pay down long-term debt, freeing up over $2 million in cash flow annually.Flexible Solutions International Corporate Events
Business Operations and StrategyFinancial Disclosures
Flexible Solutions Reports Q1 2025 Financial Results
Negative
May 19, 2025
On May 15, 2025, Flexible Solutions International announced its financial results for the first quarter ending March 31, 2025. The company reported a 19% decrease in sales compared to the previous year, with revenues of $7.47 million and a net loss of $277,734. The decline was attributed to lower sales volume, higher costs, and tariffs. Despite these challenges, the company noted a rebound in customer orders and revenue from its ENP subsidiary in the second quarter. The NanoChem division and ENP subsidiary remain key revenue sources, with new opportunities in various sectors, including food and nutrition supplements.
The most recent analyst rating on (FSI) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Flexible Solutions International stock, see the FSI Stock Forecast page.
Dividends
Flexible Solutions Announces Special Dividend for Shareholders
Positive
May 8, 2025
On May 7, 2025, Flexible Solutions International announced a ten-cent special dividend to be paid on May 28, 2025, to shareholders of record on May 19, 2025. CEO Dan O’Brien highlighted the company’s strong financial condition and ongoing profitability as reasons for the dividend, while emphasizing that it is a special, not regular, dividend. The board will continue to assess retained earnings and capital needs to support company growth and future dividend declarations.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.