Flexible Solutions International, Inc. (NYSE Amex: FSI) specializes in biodegradable polymers for various industries including oil extraction, water treatment, and food supplements.
The second quarter of 2025 showed an 8% increase in sales compared to the same period last year, with net income rising to $2,028,912 or $0.16 per basic share.
Challenges like tariff increases impacted earnings, but strong progress was made in transitioning production to Panama and expanding the food-grade business in Illinois.
Sales Growth
Q2, 2025 sales were $11,367,132, up 8% from the previous year.
Profit Improvement
Net income for Q2, 2025 was $2,028,912, a significant increase from $1,289,796 in Q2, 2024.
Operational Focus
Efforts to shift legacy production to Panama and boost the food-grade business are key strategic moves.
Cash Flow Strength
Non-GAAP operating cash flow for 6 months was $4,253,875, reflecting sound financial health.
- The NanoChem division and ENP subsidiary are major revenue drivers, with plans to expand production.
- Opportunities in new markets like food and nutrition supplements indicate diversification and growth potential.
Despite challenges like tariff impacts, Flexible Solutions International shows resilience and growth potential with strategic shifts in production and a focus on emerging markets.