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Flexible Solutions International Inc. (FSI)
:FSI
RESEARCH TOOLSreports
Earnings Data
Report Date
Mar 31, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.05Last Year’s EPS
0.14Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 14, 2024
|% Change Since: 32.80%
|Next Earnings Date:Mar 31, 2025
Earnings Call Sentiment|Positive
The earnings call presented a largely positive outlook with increased sales and profit, successful asset sales, and promising growth potential in the food and nutrition market. However, challenges with tariffs, a one-time accounting loss, and pressures in the agricultural market were noted.Company Guidance
During the FSI Q3 2024 earnings call, CEO Daniel O'Brien provided guidance indicating substantial progress and anticipated growth for the company. The NanoChem division, accounting for approximately 70% of revenue, is thriving with products like TPA, SUN 27, and N Savr 30 contributing to agricultural efficiency and nitrogen conservation. Sales increased by 7% to $9.31 million compared to Q3 2023, and the company posted a profit of $612,000, or $0.05 per share, despite a one-time accounting loss from the sale of a Florida LLC. Furthermore, the Food division expects rapid growth in early 2025, supported by a pipeline of five products each with significant revenue potential. Operating cash flow for the first nine months of 2024 was $5.91 million, marking a significant increase from $3.28 million for the same period in 2023. The company plans to maintain its cash for future opportunities and continue its growth trajectory into 2025, with strategic investments and a focus on expanding into the food and nutrition markets.Increased Sales and Profit
Sales for the third quarter increased by 7% to $9.31 million compared with $8.72 million in Q3 2023. The company showed a profit of $612,000 or $0.05 a share compared to a loss of $718,000 or $0.06 a share in Q3 2023.
Successful Florida LLC Sale
FSI sold its Florida LLC asset for a total of $6 million. The sale will result in a future gain once delayed payments begin in Q4 2025.
Positive Outlook for Food Division
The food division is expected to grow rapidly in the first half of 2025. The company is working on a pipeline of five products, each with seven-figure revenue potential.
Stable Oil, Gas, and Industrial Sales
Oil, gas, and industrial sales of TPA were stable in Q3 and are likely to continue through 2024 and the first half of 2025.
Potential in Food and Nutrition Market
FSI is targeting significant revenue growth by moving into the food and nutrition market. The market size is multiples of the company's current revenue.
Streamlined Operations
Operations were streamlined by closing the Naperville R&D facility, which resulted in cost savings and efficiency gains.
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FSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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FSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $3.72 | $3.76 | +1.08% |
| Aug 14, 2024 | $2.14 | $2.65 | +23.83% |
| May 15, 2024 | $2.05 | $2.19 | +6.83% |
| Nov 14, 2023 | $1.77 | $1.73 | -2.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Flexible Solutions International Inc. (FSI) report earnings?
Flexible Solutions International Inc. (FSI) is schdueled to report earning on Mar 31, 2025, TBA Not Confirmed.
What is Flexible Solutions International Inc. (FSI) earnings time?
Flexible Solutions International Inc. (FSI) earnings time is at Mar 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FSI EPS forecast?
FSI EPS forecast for the fiscal quarter 2024 (Q4) is 0.05.
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