Flexible Solutions earnings and revenues miss estimates in Q1

Flexible Solutions International, Inc. reported a loss of 2 cents per share for the first quarter of 2025. This compares to earnings of 4 cents per share in the year-ago quarter. The figure missed the Zacks Consensus Estimate of earnings of 5 cents.

FSI registered revenues of around $7.5 million for the quarter, down roughly 19% year over year. The figure also missed the Zacks Consensus Estimate of $10.2 million.

Flexible Solutions International Inc. price, consensus and EPS surprise

FSI’s segment highlights

Sales from FSI’s Energy and Water Conservation products for the reported quarter fell roughly 3% year over year to around $0.04 million. Sales were impacted by lower customer orders.

Sales of Biodegradable Polymers declined roughly 19% year over year to around $7.4 million in the quarter on reduced customer orders.

FSI’s financials

Flexible Solutions ended the quarter with cash of roughly $9.6 million, up around 26% from the prior quarter. Long-term debt was roughly $6.5 million, down around 2% sequentially.

Flexible Solutions’ outlook

Flexible Solutions said the customers who adjusted inventory in the first quarter returned to normal order patterns in April. FSI also noted that new opportunities continue to unfold in applications such as detergent, oil field extraction, water treatment, turf, ornamental and agricultural to further boost sales in the NanoChem division and the ENP subsidiary, which continue to be the dominant sources of its revenues and cash flow. Flexible Solutions also expects its cash resources to be adequate to meet its cash flow requirements and future commitments.

FSI stock’s price performance

Shares of Flexible Solutions have rallied 102.4% over a year against the Zacks Chemicals Specialty industry’s 0.6% decline.

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