Flexible Solutions International, Inc. (NYSE Amex: FSI) is a developer and manufacturer of biodegradable polymers for various industries including oil extraction, detergent ingredients, water treatment, and crop nutrient availability chemistry.
The company also focuses on manufacturing environmentally safe water and energy conservation technologies while expanding its presence in the food and nutrition supplement markets.
Second quarter sales reached $11,367,132, marking an 8% increase compared to the same period last year, with net income reaching $2,028,912.
Revenue Growth
Q2, 2025 sales increased by 8% compared to the previous year, reaching $11,367,132.
Profit Increase
Net income for Q2, 2025 was $2,028,912, up from $1,289,796 in Q2, 2024.
Operating Cash Flow
The Company reported operating cash flow of $4,253,875 for the first six months of 2025, reflecting a positive trend in cash generation.
- The higher earnings in Q2, 2025 were driven by research and development services sales, though increased costs, including tariffs, had a negative impact on earnings.
- The NanoChem division and ENP subsidiary remain key revenue sources, with plans to expand production in Panama and introduce new food-grade products in Illinois.
Despite facing challenges such as tariff increases and softer sales, Flexible Solutions International achieved significant revenue and profit growth in the second quarter of 2025, showcasing resilience and strategic expansion efforts.