FXT

FSI announces record Q3 revenue, record year to date revenue and record year to date earnings of $0.35 cents per share.

Retrieved on: 
Monday, November 14, 2022

VICTORIA, BRITISH COLUMBIA, Nov. 14, 2022 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces financial results for the third quarter (Q3) ended September 30, 2022.

Key Points: 
  • Today the Company announces financial results for the third quarter (Q3) ended September 30, 2022.
  • Mr. Dan OBrien, CEO, states, This quarter is the third year over year record revenue quarter in a row.
  • It results in a record year to date for both sales and profits.
  • Earnings were affected by high raw materials and shipping costs in Q3 but both items are stabilizing.

FSI Announces Third Quarter, 2022 Revenue

Retrieved on: 
Wednesday, October 19, 2022

Today the Company announces a year over year increase in revenue for third quarter (Q3), 2022.

Key Points: 
  • Today the Company announces a year over year increase in revenue for third quarter (Q3), 2022.
  • Flexible Solutions top line revenue increased from $9.214 million (Q3, 2021) to $11.683 million (Q3, 2022), up approximately 27% year over year.
  • Complete financial results will be available on November 14, 2022 concurrent with the Companys SEC quarterly filings.
  • See the FSI November 14, 2022 financials news release for the dial in numbers.

FSI Announces Termination of Merger with Lygos Inc

Retrieved on: 
Friday, September 30, 2022

Today FSI and Lygos Inc. have agreed to terminate the Merger Agreement between the parties.

Key Points: 
  • Today FSI and Lygos Inc. have agreed to terminate the Merger Agreement between the parties.
  • FSI and Lygos remain committed to finding routes to sustainable aspartic acid and the myriad sustainable and biodegradable products that can be made from aspartic acid.
  • Neither FSI nor Lygos will let the termination of the merger agreement prevent them from working together in other ways to achieve the goal of sustainable aspartic acid.
  • FSI is the developer and manufacturer of WaterSavrTM, the worlds first commercially viable water evaporation retardant.

FSI ANNOUNCES Second Quarter, 2022 FINANCIAL RESULTS

Retrieved on: 
Monday, August 15, 2022

VICTORIA, BRITISH COLUMBIA, Aug. 15, 2022 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces financial results for the second quarter (Q2) ended June 30, 2022.

Key Points: 
  • Today the Company announces financial results for the second quarter (Q2) ended June 30, 2022.
  • Mr. Daniel B. OBrien, CEO, states, Second quarter results were very good and combined with Q1, result in record half year revenue and earnings.
  • The conference call title, FSI Second Quarter 2022 Financial Results, may be requested.
  • This financial information is a Non-GAAP financial measure as defined by SEC regulation G. The GAAP financial measure most directly comparable is net income.

FSI Announces Second Quarter, 2022 Revenue

Retrieved on: 
Monday, July 18, 2022

Today the Company announces a year over year increase in revenues for second quarter (Q2), 2022.

Key Points: 
  • Today the Company announces a year over year increase in revenues for second quarter (Q2), 2022.
  • Flexible Solutions top line revenue increased from $8.535 million (Q2, 2021) to $11.125million (Q2, 2022), up approximately 30% year over year.
  • We will do our best to continue in this positive trend for the second half of 2022.
  • See the FSI August 15, 2022 financials news release for the dial in numbers.

FSI Announces Food Grade Compliance at the NanoChem Factory in Peru, Illinois

Retrieved on: 
Wednesday, June 15, 2022

Today the Company is very pleased to announce food grade compliance at NanoChems Peru, Illinois factory.

Key Points: 
  • Today the Company is very pleased to announce food grade compliance at NanoChems Peru, Illinois factory.
  • Dan O'Brien, CEO comments, "The NanoChem division in IL has spent substantial effort over the last 18 months and is pleased to have achieved food grade compliance for the entire Peru plant."
  • We encourage contact from companies who need food grade spray drying services in the mid-west.
  • Achieving food grade compliance is time consuming and costly.

FSI ANNOUNCES First Quarter, 2022 FINANCIAL RESULTS

Retrieved on: 
Monday, May 16, 2022

VICTORIA, BRITISH COLUMBIA, May 16, 2022 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces financial results for the first quarter (Q1) ended March 31, 2022.

Key Points: 
  • Today the Company announces financial results for the first quarter (Q1) ended March 31, 2022.
  • Mr. OBrien continues, The FSI team is skilled at dealing with these types of problems and we expect to do as well as anyone can.
  • The conference call title, FSI First Quarter 2022 Financial Results, may be requested.
  • This financial information is a Non-GAAP financial measure as defined by SEC regulation G. The GAAP financial measure most directly comparable is net income.

FSI Announces First Quarter, 2022 Revenue

Retrieved on: 
Thursday, April 21, 2022

Today the Company announces a year over year increase in revenues for first quarter (Q1), 2022.

Key Points: 
  • Today the Company announces a year over year increase in revenues for first quarter (Q1), 2022.
  • Flexible Solutions top line revenue increased from $7.625 million (Q1, 2021) to $10.783million (Q1, 2022), up approximately 41% year over year.
  • Mr. OBrien continues, Q1 2022 did not pull significant revenue from either Q4 2021 or Q2 2022 so we expect the next quarter to be strong too.
  • See the FSI May 16, 2022 financials news release for the dial in numbers.

FSI ANNOUNCES FULL YEAR, 2021 FINANCIAL RESULTS

Retrieved on: 
Tuesday, March 29, 2022

VICTORIA, BRITISH COLUMBIA, March 29, 2022 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces financial results for full year ended December 31, 2021.

Key Points: 
  • Today the Company announces financial results for full year ended December 31, 2021.
  • Mr. Daniel B. OBrien, CEO, states, We are very pleased with the results for 2021.
  • These results were achieved in a year when shipping costs quintupled and raw materials prices increased very rapidly.
  • This financial information is a Non-GAAP financial measure as defined by SEC regulation G. The GAAP financial measure most directly comparable is net income.

FSI Announces Top Line Revenue for Fourth Quarter, 2021

Retrieved on: 
Thursday, January 13, 2022

Today the Company announces a year over year Increase in revenues for fourth quarter (Q4), 2021.

Key Points: 
  • Today the Company announces a year over year Increase in revenues for fourth quarter (Q4), 2021.
  • Flexible Solutions top line revenue increased from $7.16million (Q4, 2020) to $8.82million (Q4, 2021), up approximately 23% year over year.
  • CEO, Dan OBrien comments, Fourth quarter and full year revenue are up again.
  • Complete financial results will be available after market close on March 31, 2022, concurrent with the Companys SEC fourth quarter filings.