FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI) reported its financial results for the second quarter of 2025.
Sales for the second quarter were up approximately 8% compared to the same period last year, reaching $11,367,132.
The net income for Q2, 2025 was $2,028,912, showing an increase from the previous year.
Sales Increase
Q2 sales were up by 8% compared to the same period last year.
Net Income Growth
Q2, 2025 net income was $2,028,912, indicating a positive growth trend.
R&D Revenue Impact
The quarter had intermittent R&D revenue, affecting the financial results.
Expansion Plans
Plans to move legacy production to Panama and build the food grade business in IL were highlighted.
Operational Cash Flow
The Company's operating cash flow for the last 6 months showed positive performance.
- The higher earnings in Q2, 2025 were influenced by research and development services sales, as well as certain cost classification adjustments.
- Costs related to the build-out of the Panama factory impacted the earnings negatively, alongside higher tariffs on goods.
Flexible Solutions International, Inc. showcased resilience in Q2, 2025 despite challenges, with a notable increase in sales and net income. The strategic plans for expansion and operational cash flow performance indicate a positive outlook for the company.