Company Analysis

Flexible Solutions International, Inc. (FSI)

NYSE: FSI · Miscellaneous Chemical Products · Victoria B C, BC · filing with the SEC since 2000
Grade5.1
◀ Past 4.3● Present 5.4▶ Future 5.4
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedApr 15, 2026Mar 31, 2025Apr 1, 2024Mar 31, 2023Mar 29, 2022Mar 31, 2021Mar 30, 2020Apr 1, 2019Apr 2, 2018Mar 31, 2017
Revenue38,515,05838,234,86038,324,80645,840,46934,416,33531,407,45427,440,11017,829,51815,494,32516,246,014
For lenders
Interest expense on deposits and borrowings··498,666292,949······
Cost of revenue25,975,73024,994,96127,881,721r31,971,59623,019,82421,641,03518,819,57212,192,6849,508,8279,256,526
Gross profit12,539,32813,239,89910,443,085r13,868,87311,396,5119,766,4198,620,5385,636,8345,985,4986,989,488
Research and development615,292329,952158,24699,275116,41181,422123,660135,93098,92895,098
Selling, general and administrative3,642,6082,852,929········
Sales and marketing·218,269194,308182,609172,185197,196159,69068,49218,25721,199
Total operating expenses7,938,2747,724,4936,940,043r6,818,4965,913,1875,648,7346,712,7844,329,8104,474,0583,904,174
Operating income4,601,0545,515,4063,503,042r7,050,3775,483,3244,117,6851,907,7541,307,0241,511,4403,085,314
Interest expense··498,666292,949199,930260,657428,37193,65344,12541,699
Interest and investment income150,233196,454113,809132,23377,99953,10180,73136,8439132,184
Share of profit of equity-method investments129,943245,631········
Total non-operating income (expense)-1,333,676-562,606120,208·······
Income before income taxes3,267,3784,952,8003,623,2507,859,0856,650,7565,190,9752,314,6213,054,8473,420,5553,079,260
Income tax expense899,583851,211-132,735145,8562,356,4991,607,44117,436r533,130680,319982,133
Net income including non-controlling interests2,367,7954,101,5893,755,9857,713,2294,294,2573,583,5342,297,1852,421,7171,754,7411,793,334
Net income to non-controlling interests1,580,9011,063,060980,121691,625845,095606,484384,793-68,551··
Net income786,8943,038,5292,775,8647,021,6043,449,1622,977,0501,912,3922,490,2681,754,7411,793,334
Earnings per share, basic0.060.240.220.570.28···0.150.16
Earnings per share, diluted0.060.240.220.560.28···0.150.15
Earnings per share, basic and diluted····0.280.240.160.210.150.16
Weighted average shares, basic12,648,72812,454,95712,434,88612,379,31612,316,25412,240,64111,945,63611,630,13611,485,58011,464,270
Weighted average shares, diluted13,594,61012,680,66812,489,46712,466,41512,505,52212,302,55212,085,79811,816,05411,725,48211,635,136
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueNet
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther
us-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton FSI · research, not advice